Hoochow quality on the average {is poor both in make and cup. Prices: are not unreasonable, but, however, supplies il exceed demand from the ordinary sources.
Country Tea. Very high prices have been pair for ten for early shipment owl to the fact that the quantity. arrived has been very small and Extensive comment on this clear statement appears to be superfluous, It will be recalled that the original
tion of the amount of minted rupees to be held in the Currency Reserve up to 250 million rupees. The revised scheme of 1927 raised the Himit for silver coin to be held to 500 million rupees. The remainder was to be sold gradually and without disturbing the market, The silver coins at present held in the Currency Reserve over and above 500 million rupees will have to gradually pass out from there.
Treat over sencral sreckae Present This can be done by either melting Tuotations show's. Uvop of about the coin and disposing of the ro-'¥5/10 per picul. fined metal, or else by absorption.
owmee P opened—considerably If @ large amount should enter cir~ her than anticipated, but lately' ulation and not flow back into the prices have become easice and ar Treasury, it would absolve and pre-in strong demand at current rates! vent the latter from melting down for all grades above commonest. the corresponding portion of silver coin and offering same for sale. General This is the gist of arguments This heading embraces all market: contained in the paragraph not covered above and, as is usual a above. While the statement the Festival period, there is plausible and of considerable practically a. cessation' of business. interest, it must not be confounded Dealers report, however, that a cot with deductions and prophecies as to siderable number of orders will be fature price tendencies of the white forthcoming after the settlement. metal, Influx and Use of Bar Silver
Text read from the printed page and cleaned; old type leaves the occasional error.