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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: John Barendrecht who wrote (3234)	11/17/1997 11:08:00 AM
From: Alex	Read Replies (1) \| Respond to of 116824

WASHINGTON ( Reuters ) - Industrial output rose in October as businesses ran at their fastest operating rates in 2-1/2 years, the Federal Reserve said Monday. Total ouput by the nation's mines, factories and utilities rose 0.5 percent last month after a revised 0.5 percent increase in September. The capacity use rate, which measures how close businesses are to their maximum operating capacity, rose to 84.3 percent -- the highest since an 84.3 percent reading in March 1995.

To: John Barendrecht who wrote (3234)	11/17/1997 6:52:00 PM
From: David R. Schaller	Respond to of 116824

John, it looks like the stocks fell almost by exactly the amount that was reported as being in error. Quick calculation.. looks like they misplaced about 50 tons out of 55 tons of silver in their possession. Must be some real sloppy controls in place. Dave