In view of local dollars having reached a price of 74 taels, the min:
Hangchow is working' day and night, turning out $400,000 per diem. Shipments are directed to the various ports of the country, but recent destinations were prin-|¢ cipally Tientsin and Canton.
'The actual arrivals in Bombay of Wwer during October amounted to 9,482 bars, as compared with only. 2,633 bars during September. OF the former 7,428 came from London, 700 from New York, 1,119 fro' Shanghai and the balance from other, ports.
It is estimated that arrivals of ear silver in Bombay during Novenber will show a similar total.
The amount of gold bars existing: in Shanghai at the present time is estimated at about 30,000. Out of these 18,000 are earmarked for early delivery to, buyers."
Transferring gold positions from December to March costs id., 1 GS or Z Tis. in the yen rate, in favour lof the buyer for December.
Notwithstanding uninterrupted arrivals of bar silver at Shanghai our local silver stocks have not in Wi prospects of peace it is more than ely that a fair portion of geal silver stocks would find the ito the interior of the country.
Text read from the printed page and cleaned; old type leaves the occasional error.