Show AM XU GOLD OIlI IX IN T Ii 1 AN U HAMILTON IIA U. U Wells of New NewYork NewYork NewYork York comments on the sliver silver situation situation situa situa- tion as follows As every known sign points directly to an unprecedented demand for both gold and silver for to it necessarily J nanny many years come come- follows tho the earning powers of the precious metal metal producers will be un ua- un- un stinted As mine earnings Increase naturally market values must also You are fully aware how the thearl various various vari arl arlous ous necessities of life have advanced from 50 60 per cent to about per percent percent percent cent since war began The Increase I was brought about by the demand far I overshadowing the supply This condition con con- of affairs exists also In to the precious metals Never before was silver and gold so eagerly sought after af- af aftel after af ter tel as at present If It were were not for gold having a fixed price there is no question In Instead stood of being valued at 2062 per ounce the yellow metal would bA be quoted about double this price I IOne One has only to point out tho the spectacular spec spec- spectacular advance lul ml vanco In tn the tho price of silver silk sil I I ver vor since war began until today to tont at nt once onto how much hI hue has this particular branch of or I precious metal ruining mining In tn September September Septem Septem- ber 1914 1014 a price of 46 12 2 cents rents per lieI ounce prevailed whereas since then thenan tin nn official high of 12 2 per ler ounce has been re recorded and actual sales for largo large lan e amounts as as high as per ounce That silver stiver mining alining costs are ore not as na high as anticipated Is being shown by annual statements being Issued the most recent of which was wit to Less than 21 2 2112 2 1 cents par ounce At days day's silver sliver price price 96 90 18 8 cents per ounce after aCler after ded deducting these costs leaves a n. net profit of or 08 68 5 S cents for every ounce Hero Here certainty certainly Is a princely profit and one which tho the silver sil sil- silver ver vcr securities as among the most solid Investment or market profits to be found anywhere |