People's Pilot, Volume 3, Number 6, Rensselaer, Jasper County, 28 July 1893 — LOWEST PRICE YET. [ARTICLE]

LOWEST PRICE YET.

The Government Makes Silver Purchases at 60.6. Washington, July 25.—Acting Director of the Mint Preston purchased -07,500 ounces of silver Monday at 69.6. This is the lowest price yet paid for silver in the history of the govern ment purchases. There were seven bidders offering in the aggregate 286,000 ounces at from 69.7 to 70.5. The offers were declined by the acting director of the mint and counter propositions of 69.6 made. Two of the bidders accepted the government’s offer and let go 40,000 ounces more at the same figure.