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Show J- UU K SILVER MAVCLIMB . ION UP THE SCALE Onco more e have a sign of Im- H proied business conditions in the situ- H a tlon of the silver market Even though (he)higber prices mar bo laid H at the door off speculators, "tho very H purpose of spallation Is to mnko H money, and Jtfrequlrcs jlidgraent to H do this Tho oporatlons of the specu- jfl lator aro apt he a good index at " times like these, especially when oth- ' er metal pricejjaro on the up grade. During the present week the price H of silver has reached the highest point H since the periodlof decline immediate- lv following tholpanlc of 1907. that is. 1H in 190ST It is now selling above 5S cents, and therelis reason to bolieve it H rnay soon touch) 60 cents. This will H mean great encouragement to the sil- H vor mines that usually operate at high HE coats. Such producers as those of K Cobalt. OnLario..'hlch are verylow - Ri cost producers, do not benefit so much proportionately. L Conditions in hina and India -are ML the important factors just now in in- CVV fluonclng the price of the white metal. Wj The revolution inj China is significant (m of an awakeningj of the people to a Kj largo Industrial life, a demand for an V improved currency and an enlarged K basis of circulation. Tiho requirements K of tho new market for bullion. It is K quite cheering totho oldtime silver W& miner to behold the ovfdences of re- Kp coverv that hacjbeen accumulating ml since late in tho fall, Mining Success. n |