London, Oct. 20.
Messrs. Samuel Montagu & Company, in their weekly bullion letter, writ Conditions in the silver market during the week under review continued to be quiet, with the tone steady.
Indian Bazaars both. bought and sold, and yesterday's rise in the forward rate brought in a little selling on China account, Buying consisted chiefly of bear covering, and there are no indications of any important change in the near future.—Reuter.
New York, Oct. 20.
The daily average gross crude oil production in the United States for the week ended October 16 totalled 3,602,000 barrels, according to the weekly report of the American Petroleum Institute of New York, published to-day.
This compares with 3,519,000 barrels last week and 3,077,000 barrels for the corresponding period of last year, showing decreases of 23,000 barrels and 525,000 barrels respectively, compared with the figure for the week under review.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.