Show decline in demand for isow silver y Is now reported 0 0 A number of factors have affected the silver market and caused a steady decline in the demand for the metal says the boston news bureau 7 silver no less than other 7 commodities a 17 has been affected sy b the deflation w process is now going aaby on all over 7 the borla and which is resulting in increasing pur chas ng power for gold depression aff in industry aay has forced hwa down aw the price ww of sw silver making itself felt as a seiw market ye factor iw in waw several ways rapid rise in the w price a of silver aw was 7 due to abnormal activity and prosper syus ity in aff india and china wy which fur dished large supplies during the war reksy china Is now feeling the effects y of a affy dull trade and with its export market afaf decreasing it has not had the credit to purchase vw silver 7 in large blocks eff andja ff which has ben b en klaf the largest fw absorber of silver Is also bwy feeling ef facts 27 of 92 a poor monsoon while world production au of silver ivow ur still being f augmented by sales r of nsf melted arffa silver coin by 4 continental europe extra supply of silver coming on tle market at a time kuszy of Mw limited ie demand has accelerated the downward move 7 ment another facto 9 which Is not easily measured is tM lowing 7 down in the if arts w which are large consumers of 7 the white taff metal the jewelry trade in common with other lines of in austry 3 has felt the effects of s the re adjustment in industry and 7 the wholesaler have had Wa mayew yew their share of cancellations cance lations and rejections apart from the retail trade chich Is nat V aurally looking forward to a big bell i day trade the jewelry business wy will be affected by the industrial situa tion and this may wp mean a lessened demand from this quarter 4 for the time being customers of ayi jewelry rey stores w have undergone a bwy great W W since W the war with r workers and mechanics getting their wages doubled and trebled they be a w came regular customers of jewelry stores made expensive purchases par chases w and a paid 7 for cAf them in spot cash this condition aa Is now being changed w by the economic 1 adjustment which the world Is undergoing to date the j treasury has ed IS ounces of silver under the pittman act out of which ww twya 3 ya y ounces a have been allocated 7 for subsidiary coinage 34 |