'The movement initiated by the local gold dealers during the past week was distinctly downward. The market became weaker from day to day, until Saturday morning when the' local market rallied, closing firm with sellers predominating. The cause for the reversal of policy was brought about firstly by the authentic news of the re-opening, on June 11, of the Nanking mint; and secondly by the impending shipment to Manchurian ports of a considerable quantity of minted dollars, The Nanking mint does not work at this moment for the Shanghai market, but specifically for govern-requirements which, at are more or less of the military. Orders at hand at the moment will keep the Nanking mint busy for a month, if working fa twelve-hour day; or a little over two weeks when operating day and itary operations in the North becomes plain that there must perforce be a continual demand for iver, We may therefore that North China will re-
Nationality American 3000 ast ie Customs June Exchange Rates tit jon from Shanghai a con-lerable quantity of silver dollars. Tt appears that stocks of sycee are sufficient for present requirements.
Tientsin—for otherwise we should see a somewhat rate then 105.5 Shangai taels for 100 Tientsin taels, as is offered
Text read from the printed page and cleaned; old type leaves the occasional error.