Show outlook Is for silver mining industry below is an opinion of the silver situation as voiced from new york the control of the silver market has definitely passed froni from london to new york and shipments of the white metal to the orient are ed from new york sources san frncisco Irn t encisco cisco and other I 1 acetic coast ports are now shipping direct and it Is an open secret that many ship ments of the white metal are com manding 83 cents per fine ounce at san francisco all transatlantic shipments are al attended tended with extreme risks and heavy insurance a condl condi tion from which pacific commerce is free consequently this feature has had a tremendous influence on wrest ing the control of silver from lon don brokers j it Is the consensus of opinion a mong the best informed brokers that silver has embarked on a spectacular flight Sil silver verat at 90 cents within six ty days is now anticipated as numerous strikes in the copper dis tracts where silver Is an byproduct have materially cut the american output and mexico still out of the reckoning from in dia and china the demand tor for continues to increase and the west ern nations are now bidding tor for the metal for coinage the copper market continues stag nant with little in the way of business developing the fear the government will f force orce producers to sell the metal for war purposes at cost plus a reasonable profit still a alarms traders although in well in formed quarters it is believed the federal authorities would hardly do anything calculated to hamper the output it Is argued that if the farm er Is allowed such profits as the food bill permits that the miners will be given equal encouragement in fact some producers are expectant of still higher copper prices for domestic consumption although it is general ly believed that 25 cents per pound will be the maximum price paid by the government and our allies in the meantime labor troubles in the important producing fields threaten to precipitate a copper shortage |