309
AGENT
Count Offe
H
C
Miscel
Of
Br
7
seal, from recent but somewhat-older data, and an early advance in 8 per cent is anticipated. No such advance however has taken place, and According to good Authorities, the lure of Mexican dollars is not likely to remain permanently in present Circumstance, but is more likely to recede : A settled Government in Mexico now permitting the more ready export of Silver from that Country. The Coining of a competing dollar in London, should it take place, will also have tendencies to lower the premium in question. The premium depends of course upon Mexican dollars The Demand for exceeding the supply in the market, exceedingly at the time, and is exceedingly variable. In 1861 Mexican dollars Ceased to bear a premium for the first time.
and were sold at the price of bullion The demand for Mexican dollars in the London market is entirely for the supply of the East, as is well known; and a premium is given for them here because they Commanding, a still higher premium at Hong Kong, Shanghai, &c Again, the premium of Mexican dollars in China rises with increase of purchases of silk, tea &c which require to be paid for in this coin Fully £2,000,000 Mexican dollars, being the entire produce of certain Silver mines, appear to be thrown Annually upon the London, that is the European market; and about one third more reach the East by way of Constantinople and by other Channels without passing through Europe. While it is not probable to add to the supply £500,000 dollars more from the Royal Mint to be coined.
It would be unadvised, to assume that the future premium in the London Market, upon entire Mexican dollars...
24.
DES
Ad
309
AGENT
Count Offe
H
C
Miscel
Of
Br
7
seal, from
recent but somewhat-
older data, and an
early advance
in 8 fer cent is anticipated. No such advance however has taken place, and According
to good Authorities, hee
the lure of texican dollars is not
likely
t
permanently in
present Crcumstance, but is more
likely to recede : A sellled Government
in Resies now
permilling
the more
ready exfort of Seloce from that
Country . The Cining of a competing
D
dollar in rondon; thould it take flare, will also have
Q..
tendences
to lower the premier in question. The fremium defends of course upon
Reacion dollars
The Remand for exceeding the supply
in the market, exceedingly
at the time, and is ex
bariable. In 1861 Rexican dollars
Ceased to bear a premicum for thest time.
A
and were sold at the
pice of bullion The demand for
Rexican dollars in the London market
is
AZE
enturely for the supply of the East, at i well known; and a premicum. given for them here because they
Commanding, a still higher premium at King Kong, Thanghai, &c Again, the freniciu
of trade,
کی بات کے
le
China lises with increase.
of purchases of silk, tea Je
which require to be paid fue in this coin Fully L 2,000,000 Theaican dollars,
being the entire produce of certain Silver mines, affear to be thrown
Annually upon the London, that is the European market; and about one third
Acce
merry
reach F. East
by way of Entifania and by other. Channels without passing through Europe. While it is now profound to add to the suffly L 500,000 dollars
نية
more from the royal Print ta
be well.
C
It would am advised, to assume
that the future premium in the Lindton Machel, upon enthie Siexican
Resican
24.
DES
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