Samuel Montagy & Ca, their weeldy' bullion etter, write: Sellers of silver have adopted a rather hesitant attitude during the past week, though there has been. some. profit taken at the advance, "New York hi whilst support but this quarler has not been Inclined to press the market unduly.
"To-day, the market. was favourably by the renewal of the that President Roosevelt had Fenched an agreement in. principle with the silver group, and a further sharp upward movement was seen.
Details available at the moment would appear somewhat vague and the exact form in which the Proposals are to be submitted to Congress awatted with Interest—Reuter London, May 10, Messrs. Mocatta and Golsmid report—American buying culminated the sudden advance yesterday due to reports. that President Roosevelt had come to terms with the silver bloc, On examination of the state-merils, however, they were found to be of a somewhat vague chat and that various points had merely een discussed, with no certainty of anything being, agreed upon, Aso consequence, during the afternoon Smeriea sold heavily and the fal in the price of the white metal to-day was somewhat anticipated.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.