London, April 29.
Messrs. Montagu's silver report; for April 29 says: "The recent steadiness depended almost entirely upon Indian buying orders, but the exchange position with China seems to have caused a sudden cessation of Indian inquiry and consequently the price declined sharply on Tuesday. The price afterwards became harder owing to bear covering. To-day it was easier with large offerings from the Continent. The United States is said to be overstocked with Eastern commodities, and the unsatisfactory condition of Japan is considered to he against active purchases from China and India. India therefore is the only possible absorber of silver. Europe will continue to have more! sellers than buyers.""—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.