Show THE SILVER MARKET there is a noticeable tendency among the followers of the metal markets in eastern financial centers toward silver as a medium of 0 speculation the situation in in copper is such that while the market is looked upon as fundamentally sound it is at the same time admitted to be in the bands of producers and held with so much strength as to overcome for a time the law of supply and demand the markets in other metals are arb receiving more mo re than their usual share of attention silver is higher now than it has been at any tune time during tho the past several years and the situation in the far east furnishes a basis for speculative action the large loan that is to be made to the new chinese government is one of the features receiving attention and if the negotiations are arc carried to a f a favorable vora blei conclusion te result will be a largely increased demand for silver for seine months month the leaders in the market for silver bullion have been paying a great deal of attention to the condition of tile the treasur treasury y in india and the approaching pro proa aching claing necessity of the indian government to resume the purchase of silver for coinage in adli addition tion to the increase in demand from these sources tending to make for higher prices ces there is liable to be bc some curtailment of output the production from cobalt is decreasing rather than increasing and may be expected to decline in a greater ratio as the various properties near the limit of production the mexican situation makes also for curtailment tail ment the labor situation in mexico is as bad as the political situation in fact the two are so intermingled that it is sometimes hard to tell which element predominates there has been a great deal of discussion concern ing the tha imports of gold into british India and not a little emphasis has been laid upon the tendency of people in india to convert their savings into bullion in a form will admit of its being carried about on the person and the possibility of an enormous amount of yellow metal beins withdrawn from the monetary supplies of the western nations by this means the most recent reports indic ate however that there has been a lessening of the demand from india but it is still considered by some of the best authorities a very important question when considering the industrial needs and the requirements quire ments for circulation by american and european countries san francisco mining and scientific press |