Show more promising outlook for the white metal the latest market letter dern thomas discussing metal market conditions says what of 0 the market on silver lead and zinc pick up your dally daily paper and look at today s quotations on silver and compare it with the price record of six months ago here Is a headline from an authoritative it nandlal poper a lew tow days old world s silver market shy of actual offerings of white metal every writer of news matter pertaining to the metal market predicts generally higher world s prices tor for silver the united states has protected its own silver market through the pittman act which called tor for the re purchase repurchase of ounces of silver sold to england at the price at which it iad had been sold nominally a dollar an ounce approximately 80 ounces have already been re ed od at the ratio at which this sll sit ver has been produced during the past year and a halt half it should take another two years and a hall half to fully comply with the purchasing clause of the pittman act if the world s price on silver should exceed a dollar it will naturally take con sid erable longer than this no gnp need worry about the market tor for silver for some time to come if you want to know why the market on lead and on zinc Is strong and why it should show further marked ad vances walk down the street of any city in the country and look at the building operations being carried on or pick up your paper and look at the building permits that have been granted during the war building was at a standstill and for the three years since but little has been done it looks as it those who have con templates tem plated building for or the past five years have suddenly made up their minds that there Is no time like the present and the current building ac Is the surest indication of a strong lead zinc market |