state:
The market continues quiet and therefore easily swayed by amount of buying or selling on balance. Any tendency, however, to advance very far is checked by disposition on the part of specul tors to sell with some freedom. On the other hand, China has not been such a source of weakness during' the last day or so as it had been during the previous fortnight, yer is America at the moment a. froe seller. The Indian bazaars have done very little in this market, and do not appear at all active. On the 27th ultimo, for the first time since June 16, 1922, the cash year 1923 is finally estimated by the US. Mint Bureau as 73,935,170 ounces, which is 17,095,122 "ounces above the 1922 returns and 1,625,905 ounces below the record production of 1415.
Reforting from London on July 3, Messrs. Mocatta & Goldsmid state:
The fluctuations in the price of silver have been very small clu the past week, the quotation having. only varied "between 343d. and Biysd,, the latter being to-day's price." The chief buying has been for the Continent, though at this. level Indian bears have shown some disposition to cover their sales. On the other hand, China has been more of a seller than a buyer and Amer-fea has sold moderately in. this market. The tendency at present is rather uncertain, but the prevent level appears to attract sufficient
Text read from the printed page and cleaned; old type leaves the occasional error.