The Archive · 1934

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Sica operations (percentage of ca paci) ons oom London, May 31.

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wars, Mocatta and Goldsmid Bictle power pode Ges, en) ress 1,850,000 1.88, the silver: market" during the. past rti—India has worked both ways in Automobile output (ear ncrsn. T8880 E28 week, but their bull account Dally average oil brodie London has by now been considerably (BB cee coes S869 2402500 reduced.

China has sold while America has supported the market. The American Government appears to be taking what is offered in New York on most days, which which is having the effect of stabilizing the price and making the, market uninteresting and stage Bullion Imports and Export Figures London, May 13.

United Stotes silver speculators have been selling back to the London bullion market the silver bars they had been accumulating in New York, according. to. the Board of Trade figures on bullion imports and exports, For the three months—ending March 31, New York shipped to London 1,045,185 ounces, and received from London 142,961 ounces, showing @ net dismissal to London of 302,104 ounces.

But Belgium has stepped into the sliver picture with net imports from the London bullion market of 1,110,- 186 ounces during the first quarter, far exceeding all others except British India; this compares with only 19,665 ounces during the same period last year.

Upshot of it all is that London imported 15,129,522 ounces from all quarters "and exported 9,781,278 ounces, showing a net gain of 5,348, 244 ounces—United Press.

Text read from the printed page and cleaned; old type leaves the occasional error.

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