Show government BUYING SILVER it is reported from washington that the united states assay office has bep been authorized zed to purchase silver at an an ounce later the price was advanced to per ounce and it is understood that regular purchases are to toe be maintained from time to time at the market price to in meet beet the requirements of the mint this would indicate a a steadily advancing quotation for silver and should encourage renewed activities in silver mining operations erat ions throughout the united states the requirements of the government are heavy and should be met the greatest market for the white metal however will be the orient and europe will require great quantities to meet its financial needs to meet this insistent and increasing demand there has been a great revival of silver mining operations all over the country and especially is this the case in the western states and it is pleasing to note that this urge for a greater production has led to the resurrection and rejuvenation of many of our old camps whose mines comprising the cream of early discoveries were only neglected and abandoned when the price paid for silver fell so low that they could not be operated at a profit while many new producers are being almost daily added to the list of profit makers everything today almost favors the silver producer the advance in quotations is the best item the most important but in addition the country has better transportation por tation facilities better markets and the mining public has benefited by the experience gained along metallurgical geological mining and milling lines during the past few years labor is higher and so is na ma chinery and supplies but these increases are more than offset by gains made in other directions such for instance as the ability to handle low grade ores at a profit which were practically worth worthless less a few years ago the improvements made in mine and mill machinery and the greater understanding of mining operations brought about by years of study and practice silver mining really is in the lead at the present time but the gains being recorded in copper and lead seem to indicate that for the next five or ten years the mining industry will lead almost every other occupation or pursuit |