SILVER BULLION
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The number of gmins of pure silver purchasable with .$1 in United States money at the highest price for silver during the year was 799.015 grains ; the lowest price, 926.710 grains ; and at the average price, 830.204 grains. The table following is self-explanatory : HIGHEST, LOWEST, AND AVEllAGE PRICE OF SILVER BULLION AND VALUE OF A FINE OUNCE EACH MONTH DURING THE FISCAL YEAR 1898
Month High- est Lowest Average Price per Ounce, British Standard, 0.925 Equivalent Value of a Fine Ounce, with Ex- change at Par ($4.8665) Average Monthly Price at New York of Ex- change on London Equivalent Value of a Fine Ounce Based on Average Monthly Price and Average Rate of Exchange Average Monthly New Y'ork Price of Fine Bar Silver 1^97 July .... August. . . September October . . November December . . 1898 January . . February . . March . . . Ai)ril . . . May .... June . . . Pence 27}| 26| 27i 27^ 27^ 272 26S 26i 26 26i 26| 27^ Pence 26^ 23f 23| 25A 26 2611 26i 25 � 25 25iJ 25S 2'H^ Pence 27.3503 24.9567 25.6500 27.1418 26.8125 26.8050 26.2000 25.8984 25.4583 25.9453 26.3150 27.0932 $0.59955 .54708 .56453 .59498 .58776 .58759 .57433 .56772 .55807 .56875 .57685 .59392 $4.8725 4.8596 4.8544 4.8485 4.8566 4.8520 4.8497 4.8525 4.8405 4.8377 4.8557 4.8582 $0.60024 .54625 .56082 .58435 .58646 .58588 .57578 .56606 .55509 .56543 .57554 .59274 $0.60639 .55394 .56S90 .58812 .56785 .58971 .58035 .54570 .55990 .56961 .58015 .59644 Average — — 26.3105 .57676 4.8531 .57455 .57559
HIGHEST, LOWEST, AND AVERAGE PRICE OF SILVER BULLION AND VALUE OF A FINE OUNCE EACH MONTH DURING THE CALENDAR YEAR 1897
Month High- est Low- est Average Price per Ounce, British Standard, 0.925 Equivalent Value of a Fine Ounce, with Ex- change at Par ($4.8665) Average Monthly Price at New Y'ork of Ex- change on London Equivalent Value of a Fine Ounce, based on Aver- age Monthly Price and Aver- age Rate of Exchange Average Monthly New York Price of Fine Bar Silver ls97 January February March April May June July August September October November December Average Pence 2911 29i 29S 28J 28ft 27f 27H 2C| 271 27i 27i 27i Pence 29U 29H 2Si\ 2Sft 27^ 27^ 26i 23i 28| 25ft 26 25}i Pence 29.7275 29.7119 28.9W7 28.3726 27.7750 27.5817 27.3503 24.9567 25.6500 27.1418 26.8125 26.8050 $0.65166 .65131 .6:3494 .62105 .60886 .60462 .59955 .54708 .5&453 .59498 .58776 .58759 $4.8717 4.8690 4.8730 4.8766 4.8734 4.8725 4.8725 4.8.596 4.8544 4.S485 4.8566 4.8520 $0.65235 .65169 .63577 .62323 .61010 .60536 .60024 .54625 .56082 .5&4.35 .58646 .5S5SS $0.65975 .65931 .64231 .62950 .61590 .61129 .60639 .55:394 .56S90 .5SS12 .56785 .58971 27.5708 .60449 4.8&49 .60354 .60774
