The Archive · 1939

Treasury Probably Will Maintain Silver Price

Washington, June 12.

The Treasury will probably recommend the continuation of 64.64 cents as the price per ounce for domestic newly mined silver provided Congress extends the President's monetary powers beyond the June 30 date which the House passed, informed quarters said today.

The Congressional silver bloc is pressing the Administration fiscal officials to increase the domestic price.—United Press, Berlin Bourse Berlin, June 13.

The downward trend which marked yesterday's session of the bourse continued today at the opening of the bourse, but losses were only slight and by no means general Later on the tendency was irregular but improved slightly at the closing of the session.—Trans-Ocean. ling, Prods.

"pathe Land Trust

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

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