Effect of Large Silver Purchases for the Continent their bullion report dated London, September 25, Messrs. Mocatta & Goldsmid star There has been n good demand for silver during the past week both for India and the Continent, besides. certain amount of Boar covering, and in spite of some heavy China sales the market varied between 3414 and 35% the price to-day being 35d. This is a higher level than we have had since June for spot silver and till the 23rd instant the price for forward delivery had not been ax high as 35 fe since October 1922.
The effect of the large purchases for the Continent which have been made during the last six months, and which seem likely to continue, is now being felt in the market and should there be the usual autumn demand for India and China we think the supplies will be none too plentiful and higher prices will be
Text read from the printed page and cleaned; old type leaves the occasional error.