Deseret Evening News | 1903-07-20 | Page 6 | The White Metal

I rim u Wil fl B mr UlAb llio Fight 1111 01 On rain fur fil Control of r Tim iI Sliver Market MarketAn An agreement ement establishing n a ratio of o exchange relative to silver and gold be between bl tween Iween gold using and silver using na ini nations la tione ns as Is Iii by bythe the Inter International Ilter InternatIonAl national 1 10 1 Silver Conference now no In see HeR session sion In Europe 1 says the Denver Mining would have tine the effect of ot steadying mid possibly advancing the price of lit sliver silver For Instance If Ir the ra ratio ratio ratin tio tin of or 32 SZ o ci 1 I were agreed upon It would tend to 10 fix the price of silver at III about GS G cents per bier ounce H it U IB believed In Inman inmany many man quarters that this ratio will be bethe bethe the tile one ont established e In the meantime there II U n a sharp contest on out between heleen the tIt American Smelting anul corn com company pany ami anti the London for as ns C In tn controlling the silver mar market market ket keto Tile The supremacy of ot the former meon that thal th tine price will be b fixed In InNess New Ness York Instead of ot In III London as asher her The Tue American A m company Is Ins Indirectly 11 heavily concerned In production Is IA Interested In higher prices