Show SILVER MONEY SCARCE E ARTICLE Government Is Forced by Ne Necessity Necessity Necessity to Renew Purchases of the White Metal Washington Oct 1 Director of the Mint Leach announced today that he would this week resume the purchase of fine silver for subsidiary coinage He states that he expects to purchase about ounces each week for an Indefinite Indefinite indefinite nite period The first purchase may not be DC made until early carl next week Director Leach said he was confident the purchases would be made as long as there was an all active demand for tor the coin The mint now no has on hand only about ounces of ol fine tine sliver silver and this supply Ply would soon be exhausted at the th present rate of demand For several months prior to the late financial stringency stringency gency the demand for subsidiary coins colas was so active as to necessitate the opera operations operations of ol the mints to their full capacity but the demand fell rell oft off until there was an accumulation in the treasure treasur in April last of about in standard dol dollars dollars dollars lars and in subsidiary coins Early EarI In the summer the call for lor sil silver silver silver ver dollars became more active and soon the supply was practically exhausted At Attention Attention was as then directed to the halves and other subsidiary coins with the re result result result sult that now there is only onh about 2 t 1 GOO available notwithstanding the fact that in September in silver sub subsidiary subsidiary subsidiary was vas coined and added to the stock on hand Mr Ir Leach expects expect I a still stronger demand when the cot cotton cotI cotton ton crop begins to move moe and the de do decision decision I to purchase more silver Is in an anticipation anticipation anticipation of this demand |