Show 0 10 0 fel 0 1 4 M MINING I 1 N I 1 N G AND 0 0 0 A 1 al ak 1 41 MILLING J 0 0 0 lac i i i 0 0 bilier market strengthening metal selling agencies both in new york and san francisco report au an unexpected mysterious b buying movement and a consequent firmer undertone to the market tor for silver during the past week an increased demand tor for the metal is reported from germany and also from china from san francisco to china chin a are beginning to resume the normal schedule which was in effect before the declaration of the european wax war and it said that regular shipments of bar silver will be made to china ear bar silver is selling around 48 38 3 8 cents arnts per ounce an advance over the quotations during the earlier part ot of the past week the most important item of interest during the past affecting silver was the announcement no from germany that the imperial government had issued hO marks in one mark silver certificates to be covered later by dc deposits posits of silver bullion on the present basis of exchange change pi tuii J s oui valent to 12 to 1 13 in gold coincident with the announcement from germany important banking interests in the united states entered the market and announced their willingness to talce take 0 01 er ai a considerable quantity of sit bil ve vei under ninety day options at 48 and 48 14 1 4 cents per ounce the options were not forthcoming instead the price ot of silver metal which Is largely held in the hands of 0 smelling smelting sm elting n g interests in new york tork was advanced fractionally the netherlands mint late in january took a little over ounces of silver according to london advices advises some further improvement is expected in the silver market when the embar embargo gaL on grain is removed in india on march 1 the moving of the crops in india in the spring of 0 the year usually calls for considerable ship fuents of the white metal to that country this transfer of silver to ardia has already commenced a shipment of sterling bars of a value ct cf having been made from london on january 15 to bombay another encouraging feature of the saher situation Is the tact fact that exports of 0 silver from san francsco to china have been resumed tile the kolea which sailed from san fr fran an cisco recently to hong kong carried ounces shipped by the san francisco banks tor for exchange to china this will considerably leiti lieve the congested condition cond on of the silver market in san francisco where large stocks have accumulated principally from the tonopah mines tuesdays tribune tile the daly west manager H G mcmillan came up from rm salt lake yesterday and again visited the daly west the gentleman found everything at both mine and mill working to perfection and received reports from the mine that were decidedly encouraging to the that development was 0 pening opening aur up new reserves of ore all th the e time the west is going to make a great record during 1915 ithe alie three kings conditions at the three kings are improving every day the shaft is LOW cow down teet feet and ii now in black lime with streaks of carbonate lats and sulphides sulp hides occasionally making in the bottom those in charge I 1 aro are in high spirits and feel eel almost I 1 certain that before the level is reached ore will be encountered there is every reason to believe this vill vall prove the case as the formation now being encountered is practically the same as the ore making formation of the king consolidated with I 1 another producer right in town park I 1 joity city will surely put on airs and that is what is going to happen before the close of tile the present year the old daly superintendent john thomson is doing things right along with his I 1 tight or ten men at the old daly A good vein of high grade ore Is being followed which la is yielding about a railroad car a week conditions are lim improving proving right along and it is the opinion of mr thomson that good news will be soon forthcoming from I 1 this property interest in tailings an effort was made the past week to obtain a lease on the konold mill 1 the vicinity of homers ranch it was the intention to form a company lease a large portion of ground ow ov ned by mr homer and over which silver creek has been running I 1 since the beginning of ti time me and start the mill in turning out concentrates satisfactory terms could not be reached regarding the mill and it Is understood the deal tell fell through tho the record learns that mr konold and associates intend operating the amill mill themselves as soon as the snow disappears di appears and there is no reason why it could not be made to pay big idith with zinc soaring skyward there Is much interest in the jigging and money is going to be made by those who secure a lease on same |