London, Dec. 12.
Excited dealings occurred in the London tin market yesterday, following the removal of the former maximum price of £230 per ton.
Business began in forward dealings around £260 and the price rapidly rose to £275, closing at £268 per ton. After the close of the market business was recorded at £272 per ton. The turnover amounted to 400 tons.. Tin circles here were gratified at the return of the market to an international basis, and most observers are of the opinion that the price will gradually decline to the previous maximum, or below, and will evei ually govern the international price, once supplies have been attracted here.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.