Show demand for white metal Is said to be increasing Inc increasing reasin g D B lyl lying ng of silver on a very limited scale has resulted in the white metal moving g up tip to 66 bavi cents an ounce thebe has been a stronger tone to the market tor for the past ten days according to eastern authorities and as a result prices have been on a higher level there Is still no european european buy bueng ing and according to metal dealers of I 1 ondon the pro bent lent at ti hat at place is bitely f r ol 01 silver in ills his A weekly report on oil tl tie e con dillons in tie silver market R S 8 bays says il e cl CI ina situation is very in profiting although it Is to hard to pre pro diet what turn 11 e market will make it Is well that aver 35 ounces of silver have been ehl pel ped from china to india and hussli and tie tl e stocks ot the banks are ui usually low alven alese tl ese stock stocks are aro lot due to s aloni else alere wl ere but leave lave been indio up lip of 0 tie tl e smelling smelting of internal coinage since ti U e war started exports of sll sit I 1 ver both I 1 n gland aid ti tie e united states I 1 ave been I 1 poor once again the country Is being flooded I 1 with estabi le notes and recently the british britis h n man agers of tl e peking mukden railway lave 1 ave insisted on payment in actual silver and not in the notes of the chinese binks the boveri ment finds itself unable to tc take pap r which it I 1 as authorized authorize and the fi lancial bancia situation Is very chaotic holders ot of silver sold it in order to profit from higher prices now there seems to be no ott er course but to save the situation by getting silver from outside fhe exchanges in hong kong hong and shanghai have improved still fur ther although yet below the stocks have it ii crease 1 fly tl ti 31 ounces NI though the re serve in ili silver coin and bullion in ill india hag increased during the past two weeks meeks by oser over 2 chores the po Is in no wise improved be cause notes in circulation have in creased 03 abut it 3 chores this ad vance vallee has I 1 een thoi the result of the tile i ew coinage from silver purchases made from I 1 ina bit U it tl ti e monsoon is good and consequently the supply of cot coins is la is tar far from sufficient to meet tie needs it will be interest ing to follow the course of the gov emment of india during the next few months the bank of france has lost 2 francs of its during the tile week during the week about worth of silver was shipped from new york to london stock sales and additional mining news on page 5 |