Salt Lake Telegram | 1933-11-13 | Page 11 | Silver Climbs on Brisk Trade

iSIL SILVER CLIMBS ON BRISK TRADE Isar Bar Metal Soars to Highest Level Since April 1930 Futures Up tip tipi i NEW YORK Nov 13 fP W JP Specula Specula- interest In silver continued brisk briskI I today and bar metal rose 7 8 cent here hereto to 43 cents an ounce another new high s since nce April 1930 Silver futures soared 55 to 80 points to new highs high on the current spectacular lar Jar advance today as s reports spread I that discussions were f under way in Washington I Excited trading took look place in the thet t I silver section of at the commodity exchange ex change as buying orders poured in from commission houses trade interests inter inter- t ests and foreign accounts Higher t I sterling and md a further advance in theS thep the p S domestic gold price accelerated demand demand de de- mand inand and profit profi taking sales sales' were readily readi- absorbed After Alter the opening November futures fu lu iu- iu tures sold at 43 75 cents an ounce up 55 December at 43 90 up 60 March sTarch t I up 68 and May Maya 45 30 up 70 A firmer tone developed In the do- do 5 1 and foreign copper markets Weakness in the United States dollar has resulted in prices advancing abroad and this factor has stimulated domestic demand L Tin continued strong at around the highest levels since 1928 while l lead d dand and zinc were quiet but steady