Show THAT CHIXESE IXDE3IXITV Its Probable Effect Upon the Price oi Sliver A great deal of speculation has been indulged in as to the effect upon the silver market of the payment of the indemnity in-demnity by the Chinese to the Japanese i Japan-ese government will have From an eastern exchange which has taken the matter up the following facts are gathered gath-ered The total amount is 2000000 Kalplng taels and the exchange value of each is SO cents in London where the payments are to be made Fifty million taels were paid on NovemberS November-S last and the balance are due in the following order Taels Dollars 2Mav Sth 1S9S 50000000 40000000 3May 8th 1S97 16CGS6B7 13333334 4 May 8th 1S3S 16C5S6C7 13333333 5May Sth 1S99 1GC56GCC 13333333 iIny 189 GMay Sth 1900 16668667 13333334 7May 8th 1901 166C6687 13333333 SMay 8th 1S02 16666665 13333333 Total 200000000 1600000ft The first payment was made in gold in London and further payments of 25000000 not included in the above I Statement which i was awarded to Japan Ja-pan for the Immediate evacuation of The Japanese certain Chinese territory ese therefore have 65000000 in gold to their credit in London China will be required t pay 5 per cent per annum an-num on the deferred payments Inasmuch as the payments cover a large period of time and as the conquering con-quering government has announced Its and securing intention of building new ships curing other improvements it will be Stan that no immediate rise in the price of silver need be anticipated as Q result of this Indemnity payment In connection with the above the movement of gold and silver for the month ending November 29 and for years from January 1 1S95 1S94 1S93 and 1S92 may be of interest I appears ap-pears that in the last week of November Novem-ber the exports of silver were 670300 while the shipments were only 8920 The gold exports for the same period were 1284724 the imports 4540 For the year 1895 up to December 1 the exports ex-ports of gold were 64248184 silver silver 35330193 1510012 Imports gold 27517773 |