Show WRITE METAL i rI 1924 PROBLEM Consumption of Silver De- De Depends De Depends on Europe andAsia and andAsia I Asia I Irom annual Silver r Review or of orI orI I I Kracht 1 No New Nen York The rho all 1111 Important question queston forthe for forthe the coming vear car tor or liver Ilver pro pro- pro producers Is 18 Will return to silver currency or not 7 Progress In 10 this hla direction s last year yeary yary y Austria RIl C Slovakia ocho-Slovakia Switzerland flA fair ly and Latvia These Chue oA hus eyer sere nere 1 ere of minor D pr S ON 01 ASIA ASH It If t the Far Fast ra t will continue to I consume annually ounces a as seems and It If pre pres- present pres present ent and cO ro nage cage require re requirements ments mento will c cony como nl tp up to tn their for for- former former for former mer figure we wo may expect the sll- sll sil silver ver yer price to bo be steady around its prent level From present conditions condition ol e It would seem as a It If fie tle Ie Immediate te require require- requirements I ments lenti of the tha Far nan Last based upon reported t tIO et Qt the end of J 1816 should bit be b for foi the tho first Six lx months of ot 1324 1011 n lit at least ax M large e It if not larger then h hn n for tor the Iho ho same sanio period ot of other yell year yean since the of the World war India being the largest larest cotton COU producer second only to tho the States StatH and with cotton selling Belling at 3 33 31 cents per pound I hol remain o 0 good bu buyer er of silver for the th next neat tour four or five months to o cam China also alao has already contracted considerable 01 fot 1 during Jan Jan- Januar J n February y and anil Starch March and In- In Indication indications In Indications from rom l there ter Ore are to the tho ef et ef- ef effect effect that additional silver sliver will be needed ns TI O DY Unless illon of ot European conditions w will ll denand consider consider- abl able of ot sitter silver ell r In a IL short I time time-as oj appi app tia we ely wa feel Inclined to look lonk to a pretty steady silver market for at t least some time to corro come In spite of ot the opinion that m to 10 Ijo Iro held largely In n China India and Europe that the tho silver sliver price should decline on account of the ter- ter termination ter termination ot of t tl c a eel c t While many raw products product pro ere considerably above pre ws r Pried holds I still close to th the war pre level 00 00 |