October 26.—The tendency of the market during the earlier part of the period under review was distinctly heavy and prices reached on the 20th instant the lowest level (cash 33}d., two months' 33d.) since mid-April last. The downward impetus was derived from China sales, which, coupled with a reluctance upon the part of buyers, left no alternative. Some revival of demand, however, set in from the Indian bazaars for prompt shipment by this week's—the settlement—steamer. Supplies of spot silver being somewhat scarce, quotations naturally stiffened, but the market had no real stamina, for speculators, China and the Continent readily offered supplies on the rise yesterday to 34 5/16d. for cash and 34id. for two months' delivery. To-day, some stringency
Text read from the printed page and cleaned; old type leaves the occasional error.