The announcement that China means to put a partial ban on silver finds a mixed reception among the gold and silver brokers here.
'The gold' bar market took the news with reservation and gold did not suffer the gyrations that have marked its progress over recent days. Tt opened at Tis, 498 and about 11 o'clock sold up to Tls. 501.90 closing after a slight recess sion at Tis, 500 flat.
The gold broker that would comment on the proposed partial was a difficult man to find, Several terviewed but the consensus of opinion was "let us wait and see it come first; we have heard these stories. before.
One broker answered to. the effect that his feeling and that of every man speculating was temper-his position in gold and that to express an opinion would be to give his position away.
Text read from the printed page and cleaned; old type leaves the occasional error.