| Show the great camp of park city its solid stability and rosy future by L E camomile the old year closed and the new year opens auspiciously for the noted silver lead camp of park city it can be truthful truthfully lv said of park cit city y that for fifty years of its mining activity it has never been in the down and out classification so it has never experienced or staged a comeback come back whenever the roll is called this old standby stand by district invariably answers present through periods of depression in metal markets inimical legislation and all the other numerous afflictions that have affected the metal mining industry park cit city y has managed 6 to keep its mines open and its community intact go back over the records of mining and mining camps since the palmy days of the comstock and you will find that park cites claim to eminence and stability has rested on a firm foundation that weighed in the balance it has never been found wanting park city has enjoyed periods of boom activity but wild excitement has ever been a stranger in the camp carlp it has felt the stimulus of new mine discoveries and development and for most part since the earliest days has taken them as a matter of course maybe that is one of the chief reasons why it has escaped the pitfalls pit falls of disaster into which so many mining camps of great promise have b been een swept in the past park city like butte and bingham and tic is a camp in which they do things and aid do it right in 1 the light of legitimate mining b practice bombastic unconscionable fake mining 6 pron promoters i oters have never found the park ark cit field in which to city y district a ver very y remunerative ply PV their calling As in every other mining mining b camp a and nd as i every other field of legitimate I 1 enterprise park city has had its mining company failures but it can b be e said to the everlasting er lasting credit of the district that tha t few promotions were ever launched there that were conceived in fraud and that be it said is SOME record gigantic merger of big mines being consummated the most gigantic merger or consolidation of proper ties that park ci city b ty has ever known is being consummated a as this is written it involves a stretch of country right trough the heart of the park city district and accord ln to the best information obtainable at the moment in mc bludes des the holdings of the park utah the daly the daly vest st the little bell and the niama mammoth oth acreage b of the ialy ly judge judg e estate proper while all of these prope properties arties have been en operating under the express expressed ed title of the judge allied d companies for a year or more past they have retained their individual identities details the mining rev viena now is advised from what is considered reliable consummated in in ugh unofficial sources are being new w york and official announcement of the completion of the deal should shortly be made the stretch of terri tern tory embraced in this merger merger b is approximately five miles in length Z and roughly 6 estimated to feet in width it be beins begins za ins with the park utah property adjoining the ontario on the east cast side it skips the ontario and then runs westerly in an unbroken stretch through the daly little bell daly west and daly judge through to brighton at the head of big cottonwood canyon what the name of the consolidated company is to be what capitalization will be named and other details pertaining to the rounding out of the proposition must await the formal announcement no campus camps immediate feature of interest at this time the keenest interest is centered in the most easterly portion of the district as a result of disclosures made in the properties of the park utah company following t a period of development that was more or less interfered with under war conditions it is reported that 6 great bodies of high grade silver lead ore have been opened up in the hawkeye TAI mchenry cHenry group which is a portion of the companas comp anys large holdings during the last half of the year shipments of ore taken out in re regular ular development work are understood to have resulted i in n the accumulation of a most comfortable cash reserve a reserve that justified the payment of a dividend for christmas the disclosures made by the park utah have al also so resulted during the closing ZI months of 1921 in a great many new locations being made in the eastern portion of the district and preparations by a number of companies which already have done much work in that section to redouble their efforts during this year it is confidently believed now that the park utah has shattered the prevalent idea that the ontario marked the limits of the pay ore zone of the camp that a number of other producers will be added during the year and that the east side will yet prove to be as valuable as the region to the west and in which all of the rich mines to date have been developed and which have yielded more than in dividends with probably as much more to come it is now reasonable to expect that the glenallen glenellen Gle nallen which is filled with ore and equipped with a good mill will be able to clear up its financial affairs and get away to a good new start during b the present year it also may be expected that the liberty company with most valuable territory in the hawkeye mchenry section will reach its objective during the coming twelve months this will mean one more mine for the east side when the old mchenry and other early day companies undertook to make mines in the section now attracting so much attention water was encountered at comparatively shallow depths and while ore was discovered in a number of these properties prop arties some of it very rich ore it was found to be uphill up hill and exceedingly expensive work to make producing paying mines there following the completion of the three mile drain tunnel by the ontario company this eastern region was gradually drained to a depth at the ontario mine of 1500 feet this condition makes it possible to thoroughly prospect and open up ground which in the early days had to be abandoned money for development and operating purposes now will be easily obtainable able and the east side of the district is expected to enjoy and profit from a typical park city boom future of entire camp looks rosy no attempt is to be made in this short recital at describing in detail conditions and activities at the numer ous properties now operating in the districts surrounding 1 21 park acty every reader of the mining review is more or less familiar with what has been done during the past year at the ontario the daly the daly west silver king coalition silver king I 1 consolidated three kings new quincy daly judge Nail driver and other actively I 1 operated properties p roper ties war taxes excess profit taxes high b material freight and smelting smelling sm elting costs etc have all had a bearing on the situation and have had much to do with reducing output of developed mines and curtailing sources of revenue for development purposes however the camp has waded through the period of depression and now is emerging in such condition that that a few months to a year of less trying times should bring 11 1 the camp back to a period of normal production and earnings at the same time partially developed mines should become productive and add their quotas to the wealth pro bucino 6 possibilities of the district the silver king coalition companas comp anys new ton milling plant will be ready to go go into commission within a short time with a sustained market for zinc the mill and electro bitic smelting smelling sm elting plant of judge companies should be operating full tilt in a few months the silver king consolidated Consolidate ds development work should reach a stage that will insure steady production and the re commissioning of it its s milling plant at the ontario where new developments are said to be of a most assuring character in older portions of the mine and where virgin territory now is being explored substantial results are anticipated substantial news from the three kings the nail driver the new quincy american flag an and other dother properties are promised as the weeks go by and with the camp free of the I 1 W W element for good Z and keeps there are no dark clouds hovering over the camp at the present time recorded production of the mines compared with the previous year the recorded production of park cites mines shows a falling off amounting to tons in 1920 the output totaled tons this including U ding 2323 tons of spelter from the judge electrolytic smelter which did not operate during the past year the contributors and the tonnage shipped by each during 1921 was as follows judge allied companies including park utah ontario silver mines Nail driver 1005 new quincy 95 silver king coalition mines total tons the autu future re of park city and its mines looks rosy indeed |
