Show MINING NEWS VS AND STOCK STOCK REPORTS EUROPE HAS BEm BEE PROVIDED WITH WIT WITt t t SILVER METAL MEM MEMA REQUIREMENTS A mn man who wo Is employed try rj on one of the lar largest ut metal mets agencies In n this country and who ha h. ae been a a. prominent member of tb the metal congress has baa Just given hl his hll views on the sliver silver situation In this country and abroad At t the outset he makes make it Jt clear that the metal markets are In fn a veT very unsettled condition principally as a result of ot the ports port of ot the world orld being dos closed and he refers to the fact that while t there has haa been a big demand for tor sliver ore In L London nIon the situation has been greatly in r In that quarter b by the re reCeipt receipt re re- of or several eral million ounces from tram this I countr country There has been heen a wide I lion In prices In fn J. J London he says I. and nd the change chanie from one day to another has re resulted re- re suited In a decline In price of as aa much as 7 cent cents an ounce It does doe's not appear to be clear what hat the future of ot silver lIver metal will b b. as this man views leTS it it- IJ Ho lie says saya that nino of ot the white metal o of the world orld is lIS shipped to India and no consignments nt to that country have hJ been made to th the far tar East while hUe the Mediterranean was being patrol- patrol 1 Je 14 4 by the warships of ot so BO many nations Since h he made maLls this statement th the ships are moving through this ocean n and autt It is probable that consignments of ot tho white metal will again be made to India provided pro pro- vided the Insurance on goods to India Is not fo so high h that ore shipments will be prohibitive H He lie IR tR M that when the tho European war broke there lher was a a. large larbe stock tock of ot silver on hand at the refineries In this country while the atoc stocks s wore were radically all deployed In London The Tho En English lIh government wanted Wante 1 some Bome of ot the tho white metal for tor coinage coinage coinage coin coin- age and in addition to this demand there thero was a R. considerable of tho the metal that had d been contracted for or delivery eO which the tho brokers were were- r unable to supply To relieve this situation special lal effortS orts were cre made mado to get some Iome stocks from this country and end now those deliveries dell of oi th the ine metal have have- been made In lx London It IB Is believed that th y have o enough silver to tom m meet el the Immediate how ho noon a a. now new demand will b be made made- is problematic as Ol the conditions throughput throughout Europe are re much different r nt than ever er be before before before be- be fore with t practically all II the tho countries en engaged engaged en- en gu td In warfare In reply to the statement Al that t man many countries In the the- war zone one would r require a large Iorge amount o of the metal for or new coinage this Itu student ent of or the metal situation situa tion admits that this condition may arise arle However he Insists that no one knows what the outcome of or the war will be and that wo we have no way war o of knowing how trade will be b by comparing It to previous pre experiences during war times Inas- Inas much as man many trades In Europe will 11 be f 4 crippled and ant probably wiped out It I would that the demand on this country for forlI all 1 lI supplies that will bo be boer er very h heavy a and the lie manufacturers and metal producers of 0 this country are r taking a ho hopeful ul Ie view of future business in fn this country from t o the We standpoint that we will wi be called calell upon to supply the tue world with things that can only be obtained here he Thero There will wi be bei fewer people In Europe EuropA and it will wi take years pa for trade conditions to eel tret set back where r they hey were ere previously re e we have ha another continent to supply according to accor In orders order that thal have havo been coming coinIng to this country from South America o of late many of or which have gone one to Europe t Sonic Some o of this business will wi Include R a large f quantity of ot sliver silver wares ware |