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Show FUTURE PRICES OF i SILVER AND LEADJ Hext Information from (he World of l'liimicc Indicates That Free CoIh- a iirc Is Sure to Conic Necessity Dc-iniinds Dc-iniinds It Lend Also llndly 'ecd. 'i cd nnd Supply Inadequate Means 4 Millions to American Fork Mines. In the Financial Dally American of a few dnys ago Is nn article" . by Herman Zadlg, of San FrnncIscc-7 predicting tho early remoiictlzatlon of Mlver. Tho writer declares It will be necessary to givo gold and silver a parity b-iDls that will bo world wide and fixed, because there will not bo nnvthlng like half gold enough lo i pay Interest on war debts. ' Thiough tho rcmonctlzatlon of sliver ' the w 01 Id's metallic money can be J neatly doubled, and oven then, Mr. Zadlg figures It will bo , found that the amount of metallic noney will icnialn away under the J demands that will bo mado upon It. ; Ho expects that the United States will ', e flist to suggrBt the icnioiictlzatlon ' of the metal and expi esses tho bullet I Unit nil furclgu cuuutiles will bo (illicit j to adopt tho Biiggcstlon and help In rixlng 11 world-wldo intloii , ' Reports from lOiuloii enily In the present month showed that already, a sliver fnmliio was iip)mient. Tlio silver silv-er held by tho Dank or Kngtaud In 1101 mill times amounts to about $5,000-000. $5,000-000. Tho latest return shows only $7C0.0O0. Six montlm ago I.otidon'H r.tock of stiver was estimated at$5,0O0; 000. On tho first or March bullion btokcrs put It at $300,000. f Tk4jj aulohrity from whom this cvS was becured, explaluu at loiH ttio,'HllvcnrenvilrcnientB of ."ta'iyoPW triciidTrW,prclctnlll1aTfWnlfl will shortly go to seventy cents nn ounce or better, and as tho price In now ideadlly ndvanclng, there Ir 110 rciibon to iiicstlon his premises. At the same time, and in the face of tho fact that tho smelter hunt Is doing over) thing possible to hold down tho price at which settlements are made, the market pilco ol lead Ir Htcadlly and rapidly climbing, as well A year ago It won worth only about lo, while toda; It la commanding neai ly twice that much, and evidently evident-ly Is going higher ntlll. Just think what these coudltlom mcanB Tor tho mining companies opei iitlusr In tho American Folk dlstilct whero the oics all run high In silver and lead. Within a few weeks past just lo Illustrate, tho value of tho flint rliiBH 01 ca of the Pacific mine, cull mating them as carrying fifty pei cent lead and fifty ounces silver pel ton, have been enhanced In value not ess than ?25 or $30 n ton. Ote that van worth, say, C0 a ton a jenr ago low, Is easily worth today not les 'ban $7G. What applies lo this ono mine vvl. vpp'y to every producer In tho ill 1 let mid theio will bo many of them within tho next six montlm ho It I not hard to flguro what a craud tiling it will bo for our camp when sllvci Is going at 70c to 90o an ounce and lead at 8c1 a pound. Why, It will simply sim-ply mean millions to Amorlciin Folk, And If tho pioduct or our own ilcb enmp la to becomo bo vnlunblo In a short time, why should wo not n "P ind doing," so as to bo lead) to get the beat tho niiiikct uffoith. Think u what it will menu to iieo $75 to 1 1 Go ro streaming down the Can) on fion ho Pacific, tho Hay Stato, tho Mlllc llll nnd tho Texan, tho Wlililwlnd, ho Dutchman, tho Kiul.Knglo and the Hobo, tho llclorophan nnd tho old Miller mine, and tho dozens of other nopoitlea which nrc now icady to hip or which soon will bo? Why, Hick s nothing to It; American Folk bu Mist got to outBblno aoout evcr.vthlni n sight bcfoic this year Is over So wnko up; get busy and main my whllo tho sun shines. |