| Show SILVER SIX AND LEAD IE AD at a time like this a considerable rise in the market quotations of silver and lead was a thing to be naturally RAly looked for wars are sometimes great consumers of lead and as they mean a steady drain on the exchequers of the nations engaging eng abing in n them that is never supplied by means on hand however great they may be it ft follows of course that all things convertible into cash are in demand hence there seemed a chance tor for silver in this country to get back a little nearer to where it started from a few years ago in point of fact it has advanced a little but so very little its practical ad effects are quite neat near to nothing at all being nowhere near the improvements which have taken place when we were profoundly at peace perhaps there is not yet time tor for the upward movement because of the fact that the cash on hand is equal to all present or immediately tedy prospective requirements and the additional fact that bonds will be issued it if a pressure should come which bonds may mav oil may not exclude silver from the if the latter should be the case and das bis were assured there would be an immediate and steadily gaining advance in the quotations otherwise things would be likely to remain as they are and have been for so long a time investors who make a business of it give themselves the benefit of every doubt and until there is some assurance that our surplus silver will be utilized they will not stock up very largely on that article perhaps ps the chief it if not the only reason why lead dings clings so tenaciously to the neighborhood of at the figure la in bemuse because the war promises to be chieft chiefly one on the water in which a great amount of lead is not required most of the missiles being of iron there will be some perhaps later on a great deal of land work but tar for the present this is most likely to be confined to cuba both silver and lead being merchantable articles and having no valuation in their own stilt depend upon extraneous agencies for a standing in the mari market cert the quotations affixed to them simply gauge the extent to which they are or are likely soon to be demanded and until the domand demand enlarges or gives substantial signs of doing so no decided improvement Is to be looked for utah is abundantly stocked with both metals but the production tor for obvious reasons to is greatly restricted only those mines which yield high grade ores that Is those carrylina car heavy percentages of silver or lead or both can be worked at a profit even when those conditions prevail vall the properties are not always worked unless there Is a sufficient admixture ot of gold avid to insure the workers against a deficit between income and outgo were ere it otherwise we would have a source ot of renewed prosperity that Is at this time altogether immeasurable As an to lead there is more hope for us in new buildings and improvements of all kinds calling for points paints than there to Is to in wara or rumors thereof and as for silver well that subject might as well rest for a time |
