The Archive · 1934

Slump in Land London, Dee, 22

The selling activity of Chinese operators yesterday caused a. slump jof silver on the London market, The rates, which were un during the past two days, dropped again from 24z_ to 2348 spot and from 24.re to 73 forward delivery (60 days).

'The rates, however, steadied up fatter reaching this' level. In anti cipation of American purchases the opening of the United States marke One of the leading bullion brokers jot the City said he would be sur-Drised if the United States failed to be an active buyer at the present low Tarif (0 be Raised London, Dee, 22 An agreement on an increase of the Jcustoms tariff on silver and zine was reached yesterday by the Production [Committee appointed by the Imperi Conference of Ottawa which devoted the meeting to deliberations on problems concerning the zine. silver and lead—Havas.

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

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