Salt Lake Tribune | 1896-01-08 | Page 4 | The Price of Gold

THE PRICE OF GOLD the record states a matter this way the price of during the past year lina has shown great steadiness noti notwithstanding the incident to speculations bated upon the probable pro bahlo effect upon prices of the war between japan and china T the a lowest price per ounce in the london markot market was wait ai 27 3 ard lcd equivalent to t in united states money tho the highest price was ba jd equivalent to 34 ST io 47 the fr far tho the vear was 29 old equal to the bullion price of 0 our dollard dol doil larn arp on those these quo rations manrod during the year from 20 to an average of 0 i from this it la Is apparent that to call our bland dollars fiat cent dollars dollari Is to speak with sufficient accuracy there js in nearly ea 1 ly fifty conta cents worth of silver in them tho the greater part ot of the time but if 1 it requires twice a 9 ai i many bushels of wheat or pounds of 0 cotton or anything else that men produce to buy a hundred dollars jn in gold la Is it truo true that silver has haa fallen or that gold eoll lias has appreciated per cent will tho the record think that over find and give ehe us an opinion 7