Important Orders Placed with Well-known British Firm Two important contracts for the! ithe week ending July 6:
Possibly it is a kind of atavism which causes silver to adopt the vehief characteristic inherent in lead (anth which it is so frequently allied inthe: shape of ore) by gravitating. '(uring-the week the.priee for London silver broke the barrier of 24d. for standard ounce, being quoted there id. lower than this figure. Apart from natural—tendencies silver is now being battered by the yen, a fovnidable enemy to its ohming splendour. Until the yen lds: restored to lasting health, it will press aliver down in its struggle to rise to higher levels he local exchange market con Htinues weak with no visible symptoms of improvement to any extent. There was, during the week under review, some outflow of silver to the south and to the interior. Can-contracted for some bar silver, at a price as high as 111,40 Shang-fuels per 100 Canton taels weight; Yangtze and southern ports took some dollars from Shanghai; Shut the volume of these transnetions "in'too smell to make any impression somali coin dollars (20 cent pieces), sin-order to serve immediate needs Kuangtung and Kuangsi_ pro-inces. "On the other hand it has Neendecided to introduce in the routh' the uniform national dollar sand its substitute, banknotes issued thy the (Shanghai) Central -Bank of china, This is to be accomplished an the near fature, resulting in the "abolition of the small coin dollar as
Text read from the printed page and cleaned; old type leaves the occasional error.