Show NO CHANGE IX SILVER Exports of the White Metal on the Increase Xo change in Mondays silver quotation quota-tion of 63 = 8 cents was reported yesterday yester-day and settlements were made on that basis A number of the heavy producers produ-cers were caught in the slump from jjatyrdays price and some are holding 8r for a recovery which they argue is certain Shipments of silver to Europe and Asia are increasing very rapidly and the metal should advance in price The Financial Chronicle shows that for the year up to October 27 the exports of silver from the port of New York amounted to a little over 28705000 and tlhat the imports during the same period peri-od amounted Ito only a little over 1 445000 During fhesame > time the exportS port of gold was 85318340 and the import im-port 15209340 Nearly all the silver went to England and doubtless was in itendpd for the India and China trade On tihe other hand the gold shipments were divided among several countries The West Indies received over 12000 000 Great Britain 15433800 France 23763999 Germany 32007000 These figurA show that all the gold does not go to England and it contradicts the < section often made that gold exports e due to fear on the part of < foreign holders as to The safety of their American Amer-ican investments Certainly very few American securities are held in the I West Indies and relatively a mach I smaller amount in German and lrajioe than in England The facts < how that the world is stramblins for gd < and also that tlhere is a strong f foreign demand for silver Adding the net exports of silver from San Francisco Fran-cisco for the same timeabout 9000 OOOIt is evident that in the first ten months of this year the exports of silver sil-ver exceeded the imports by about 35 000000 For the yearat the same rate this equals nearly the entire Amerkan induct in prosperous times It is ex UIDp1r difficult to reconcile this stale of affairs with the shallow argument that free coinagj would flood us with fejgn silver As a matter of fact Eu JRean and Asiatic countries are now lakiiT practically all of the sIlver pro duce1 hen i |