Mex. AND CHINESE Dottans:— am, 100=Tls. 73.975 pin, Tls. 73.9 KIANGNAN. Sttven 20-cenTs:—am. is. 65.85)
Canton Siver 20-cents:—Pam. s. 05.85 am. Tls. 62.275 pam, Tls. 62.3 silver markets in these two centres revealed but little activity. There! were some speculative purchases on behalf of India, where the offtake of silver continues good, the daily} Javerage during the past week being about 250 bars. However, stocks in Bombay are ample and' fairly large supplies are on the way to india, so that not too much support is to be expected from that quarter, at present.
The Position of Trade The immediate future of silver prices is closely interwoven with China's requirements. Thes,—in turn, are directly connected with) trade in this country. It is a notorious fact that there has been no improvement in the trade stagnation caused by the incessant civil strife in China, and unfortunately, the outlook is not very bright at the! present time. While this prognosication relates with equal force to! exports, as well as to imports, it peculiar fact that all steamers on the European run are booked to! full capacity, and it is often found difficult to obtain freight space, even Jat enhanced rates. From figures Published by the United States Consulate-General at Shanghai, it is earned that China's exports America, during the first 11 month: Jof the current year, were valued 120 million dollars, as compared with 148 million dollars for the identical period of the past year, though Shanghai alone maintained exactly its last year's turnover. It will not come as a surprise if it is found that the publication of the|> Customs' revenue for 1926 will poa-sibly reveal figures which, though hot surpassing those of the few preceding terms, might prove to be larger than anticipated by many PSlentsin has drawn on Shanghai during December to considerable extent, and besides substantial shipments of sycee, taels had to be sent from here to the northern port recently, Yet up to now money is still easy here, though it could bel Jobacrved that towards the lose of) the week banks preferred to. buy foreign currencies for forward delivery instead of for December. The '5|nndertone of silver is still weakish.
Text read from the printed page and cleaned; old type leaves the occasional error.