Chinexe Cotton—While Chinese cotton has risen on the local change to the extent of five or six mace on the week, there as. no trade demand to cause this, nills, in the absence of any special inquiry for yarn, are tittle. The reason that shorts on the Exchange were: caught for the November position which closed on Thursday, and were [squeezed with the result that eottur. tent of 85 per cent. from straight silver mines, and the balance of 15 per cent. is a by-product.
The second largest producer of silver is the United States, supplying about 30 per cent. of the total world output. Silver in the United States is gained to the e:- tent of at least 60 per cent. as a by-product, leaving hardly 40 pei cent. to direct silver mines.
Silver produced in Canada and also in South America is found there in combination with copper zinemnickel ores, ie. chiefly as a by product. The same remarks appl the rest of the word.
Text read from the printed page and cleaned; old type leaves the occasional error.