Show ADVANCE IN SILVER BENEFITS PRODUCER Heavy Purchases Continue Despite Despite De De- spite High Prices of the White Metal DEMAND FOR SMALL COINS i i i i g Export port to J India anti Purchases cs hj by I LT L. L Mexico I Lead to il tl ils' ils s' s Price The continued advance of oC the Iho price irIce 4 of or of silver siv bullion as disclosed by the Iho 01 government go enl purchasers of cents oJ a fine fino ounce the highest point reached since the repeal of of the Sherman law lawIn In 1893 aft a 3 the result of If which the government ceased J purchasing has tad had the thc beneficial effect on all ie les IeR where silver Is produced The dem demand nd for or subsidiary coin cola Is extraordinary and anti the high h price purchases es are being f made The causes cause that are arc operating Jo o Increase the price of the bullion are the entrance of the Mexican government govern govern- I ment Into the market in the last Just two Iwo i weeks as a n. heavy hu buyer el for subsidiary c and a remarkable Increase in inthe 3 the 10 exports O of silver to In India la While th the tho at home has a af- r the market somewhat it would not alone have hare brought ht about the In Increase Increase Increase In- In crease of if price The activity of oC the Mexican government go as u it purchaser I is believed to 10 have hEl Increased the price about two cents an ounce w last Jast government weekly purchase i There has been a a. steady decline on onrI F rI the treasury supply of silver r in the k last Jast six weeks The he treasury report for f Aug 31 ii showed shoved how in subsidiary 4 I iary lary coin on hand Imn while the Ow report of i lID last laM t Saturday i ho only In the period covered erell by y the two re reports re- re ports lOVIS the mint coined colne of nf sliver silver which shows that moro than have Into the thecO of silver sll gone cO country's circulation since Aug 31 Every EvetT bit of oC information received at nt atthe the Treasury department Indicates that the price of or silver Ilver bullion will b be strong tron as lS long Jong as the exports to India continue For the year 11 the Uti amount sent ent from London to I India nilia tas about aboul sterling TIll The report of London exports to Inia In- In oia in ia at it hand showed that In-I In i sterling had been shipped more than the tho amount for the comparative 1 tive period lu in The rhe record of th O the l treasury b bullion lIlon purchases cs for rOl the th thIn In last t I y year shows th the following Irl price e a line linc U 1 on Oct each y year al' al 89 i tio q i ISil sar 1 lo c 1904 T. sT 58 1903 1905 c 1900 1910 1906 1901 is Hie The TIll San Francisco mint which J Is coining coining- silver bullion for fOl the Mexican I government has received notice that on Jan 1 1 the amount of or silver sliver In the Mexican dollar will be reduced from fine to SOO fine flue owing lo to the Iho In Increase Sn- Sn crease In the puce price of or bullion |