Show SILVER BOUGHT AT 52 CENTSPER OUNCE American Flag Mine Sella and F V Bodfish Dis- cusses Market 8 e a s b 4. Rellnlng ti e led w t o Amer a Fit M npany o o s I er o e t of s p ent f sorte 1 ore o e as s of este da 1 Is van p kvl s se le e t The o u sme e a e a e duy settl ng o to as a of ape uefra ona g ents ' oa la ere reu fo se e o be ee A k s and ne n lua es e da o e e sot e benae eoerpre ' esa o easapatat pay e there s ape made e go er ne o by a ro established e a ket as a nou ed T e o e t b t o V e an las o pi nj was a so tec o a d as se e fo o a o e of 416 ou ea of go R3 o n ea of s e a pe -centage 4 of ead and a pe ce tage of 77 of coipe It ad been taken fron 400 ons of n 11 dl t hat ud been forwarded to the sto k p e of the Park City ml 1 The m Utt tha has bee aded to the stock pUe at t e n II averages $15 In go d a i all er speak ng of the settlement este -day Frel V Bodfla said a e a wa s been s nee the war s a ed and o v verj opt mistlo regard ng he pr e of s Iver I sin ere be le e hat there Is no need of or on the part of the shippers of s er ores T Is is the time of a 1 others o create and ma ntaln a market for s er ln the Un ted States With he t ropean countries t at are at va ssu ng paper there Is bound to be a den and for s lver n the verv near fu ure The market was created of course b tl e purchase of 1 176 000 ounces of s er by the go emment but I understand that tl e government is to on Inue. to p rchase practically this sane amount of some weeks to come The total production of all er In the united States a n the neighborhood of 66 000 000 ounces each ear accord ing to the general report of the de part ment of the Interior for 191' A n oment a figuring will show that with the government purchasing 1 176 000 ounces each week for a few weeks i the accumulation will more than be ' used up Another feature of the ease Is that the South American and Asiatic ooun tries would probably bu and use s I ver right now if they could get it They ha e been gettl g the r silver through European markets and It re quires some time for any people to make the necessary changes in their commercial life I am fully confl dent that silver wtu go up In the very near future |