Show BARSILVER ICES Lowest Point Reached for the White Metal in London in Three Years London Dec 3Bar sliver was quoted In London Monday at 251lCd per ounce This Is the lowest price In about three years the highest ers In that period having been reached at 30316d in 1900 During the past week the price has sagged off about a full penny Inquiry among the dealers In silver tends to show that the decline In the price Is not due to Increase I In production but rather to a decrease In the demand In continental Europe The two great foreign markets for silver sil-ver at present are the continent and India and It is asserted that the com Dettve uln otthep twn tnmor < Is necessary to maintain I the price India Jsat present buying about Its usual quota of silver but the demand on1 the continent has been much cur tailed The doniestlc demand runs along evenly with little feature As to the reason for the decline In I the demand from the continent there seem to be some difference of opinion There is at times considerable specula tion In silver ns In metals like copper and tin I Is argued that a large surplus sur-plus is being carried In this country This however denied b > refiners s who declare they are selling their pro ducts as fast as It is refined and explain ex-plain the decline saying simply that the continental demand at present Is rhill dul |