Show PRICES OF COPPER AND SILVER WIll GO HIGHER Smelter Magnate Says More Copper Coppers Is Wanted and China Will Take the tile White Metal There Is la an enormous demand for copper and the price Wit will Il soon Increase said aId Daniel Guggenheim today Mr lr Guggenheim Is chairman of ot the executive Spiriting tl and Refining company compan and president of or the board ot of the American Guggenheim Exploration company He says as a's that the consumption of or copper of ot the output and that the surplus will not last lasta Is Js at the thc present time in excess a L creat great while silver iler h hi he was asked What do you fOU think about the future of or There is no hope llope for an Immediately advance in silver said he but a n. little later I am mn confident that the market will be greatly Improved I ba base e this conclusion solely upon conditions in China where wonderful development Isnow is isnow isnow now taking place and from which nation there will soon como come a strong demand for more silver sll So that I believe it will not be lon long until silver will be stronger than at present Mr Guggenheim affirmed that this visit of ot himself and associates had no noI I especial especial significance at this time and sald We c are arc simply Imply on our regular tour of inspection examining our plants throughout the country countr and consulting with the officers and managers We e remain here until tomorrow night and then go 0 north Into Idaho returning the first of the week ind nd will then be here four or five days IlS Concerning the operations of or the Guggenheim Exploration company which has large largo Interests throughout the United States Slates and Mexico President Guggenheim Gug Gug- genheim said that while the c company as yet et had ta taken cn hold of ot no Utah properties properties prop prop- it would probably do so soon but as to the Held field of or operations he did not care re to specify The party part includes besides the spokesman Simon Guggenheim and Henry Payne Pa-ne Whitney of ot New York Gen Con George S. S Field of or Buffalo Duffalo E. E W. W Nash Nah presIdent president pres pres- ident of the American Sm Smelter trust E. E O. O Holler Hotter of or Buffalo and and the Eller Brothers of or Ne New York The party which arrived at midnight was Joined here hereby hereby hereby by Traffic Manager S. S W. W Eccles who will go o north with the others Henry Henr Payne Whitney Is the th-e youngest member of the party part but hut In the fields fj of or commerce finance sports and athletics Is probably the best known While he hc modestly asserted today that he was wag known as the son of a famous father other ho Is one of ot tb the young millionaires who secure an intimate knowledge of ot the field of ot their Investments and personally investigate the details of the enterprises enterprises en en- into which the they have put their capital He was asked this morning as aa asto asto to the reports that his father would be a n. candidate for President and answered answered an an- I 1 do not think It is at all likely My t father is out of politics and feels that he has had his share of or public service The smelter magnates s spent nt the day In consultation with the staff starr of or the local offices and will inspect the plant tomorrow |