Deseret Evening News | 1908-05-12 | Page 6 | Depression in Silver

N SILVER SIVER Iou Im e 1 Irie III iiii 11 11 lied WId WIm liuio silver Iw dropped to 1 52 1 last I it reached tn lowest point 1111 11 iii discussIng subject tile IS says tIo Ihl is 1 rep In tl or of sliver not 1101 on mulo I a now low record tot 01 this the last 10 In year but UI 1110 f 01 yours Oll the thc orl part o of Ir bar In New oli It at 1 71 cents Since Sinco that tl thins It hl bits Iown 1 a tendency but hUI several tunics clone has Tue Tho Imp drop Is dle 1110 lINCI to I Ithe th the tact that the Iho Indian hu ar are Ih chief or Of this tha Iao have lut toot h H In the U six Chum I a larlo large hoM has not to 10 the Iho that It ii hIl had for nr Ihl this M rl years hIl the Iho largest lurneR two to consumers were not Hot In Iii the Iho market for or silver the Iho pro ducton of oC the metal has hus beel been before the thal owing to production ot of the tho Canadian mines The he minI mine which Is one of oC the largest silver producers In the tho country countr hll has not be been n shipping shipping the tho metal for or erl months hut but this Une Ule hal has increased both here ant and In The Tho IM lisa bon been a moderately large shipper of C 6 ii 11 ei to which cantel the tho Ind hulls demands nrc aro but the Iho stores of oC the Iho there have hae ac aCcording cording to 10 late lalo advices front experts Hamn SHI vice Ico of oC the American Smelters Securities yesterday stated that the decrease iii the tho prIce o ot silver cut ent t deeply pl into Inlo tilio tho uC of the Amman American Smelting 10 lie also niso stated Inter that business ut of load last laRt alen alien year or off its with that