To: Harry K who wrote (872 ) 4/9/1998 8:57:00 PM From: The Lone Ranger Read Replies (2) | Respond to of 1348
04/09/98 - 7 Trades for UKH Ex Time Price Change Volume Buyer Seller Marks T Apr 9 14:13 0.76 -0.02 5000 079 Gundy 063 Levesque Beaubie K T Apr 9 14:12 0.77 -0.01 3000 095 Wolverton 014 Brink K T Apr 9 14:02 0.77 -0.01 1000 009 Nesbitt 014 Brink K T Apr 9 14:01 0.77 -0.01 1000 009 Nesbitt 014 Brink K T Apr 9 13:36 0.77 -0.01 5000 002 DS 014 Brink K T Apr 9 10:29 0.75 -0.03 1000 095 Wolverton 079 Gundy K T Apr 9 10:29 0.75 -0.03 2000 007 Green Line 079 Gundy KL COMEX May silver ended up 0.7 cent at $6.400 an ounce, after trading a $6.200-6.450 intraday range. Total COMEX silver volume was estimated at 21,000 lots. ''COMEX May silver options expired today and there was some buying of silver in anticipation of a possible exercise of out of the money $6.50 calls, in a re-run of the Easter 1995 silver option expiry drama,'' said Hudson River's Perez-Santalla. In the bullion market, spot silver ended quoted $6.43/46 an ounce, compared to the London Thursday fix at $6.410, and the New York close Wednesday around $6.60. Spot silver prices saw nine year highs around $7.90 in early February, helped by a 129.7 million ounce purchase by US billionaire Warren Buffett, and the silver forward price curve remains in its most persistent backwardation since 1980. Silver lease rates remained around 5.0 pct for one month Thursday, after some lending from official sources in recent weeks, analysts said. But silver demand in India has fallen in recent months as prices have risen, and as rain has affected the winter harvest in the northern tribal belts, Goldfields Mineral Services (GFMS) managing director, Stewart Murray, told the Washington DC-based Gold and Silver Institute's annual conference this week.