Show ig cut around the state le r dav plans are under tinder way for resuming work atthe at the nail lariver ld river property which is now a part of the lambourne interests ta interests at park city development work will be conducted at the three kings ings mine at greater depth according to an announcement t of f forest mathez consulting 6 engineer 1 13 As soon ai a pump e ng bg machinery already ordered arrives at the com companas comp anys s property and is set up the three 11 kings shaft will be un p and future wok carried on from the bottom of the ir aft 1 two weeks ago it was erroneously reported from park that mr ellsworth had been named as superintendent n fie C e ontario to succeed newton dunyon H R wallace ln in d erin rin at the park utah under general manager manag er X hunt is the man thohas who has been selected to succeed mr jor kiyon ron at the ontario and he assumed iss umed his new duties on ast 1st st according ccorbin 6 to the management there was shipped from alta merger mines during the first quarter of the lalta a total of 1014 tons of silver lead gold copper ore sold for after taking into consideration benses pen anses ses including depletion and federal and state s anet net profits for the quarter are given at between 0 and I 1 r is reported that the emma silver property at alta no w down to the foot level A drift on 00 foot level is said to be nearing the point where altere it ejected ex acted to encounter the downward extension of the ore thedy I 1 dy found on the shipments for the first quarter of thi the year are given at tons of ore for which was received from the smelter clarence burton of salt lake city some weeks ago accepted a position with the chief consolidated mini mining ng company of tintic gintic mr burton who is a mining engineer ZI 11 was for a short time connected with the ontario mine at park C city ity he is a son of lafayette burton deputy U S mineral surveyor who is known in almost every mining tamp camp of the west at the chief consolidated mine mr bu burton arton will assist H H the new leaser foreman i the international smelting smelling Sm elting company was awarded deficiency judgment fo for r against the utah consolidated soli dated mining company by judge L B wright in the third district court two weeks ago ago the smelting smelling company he held id a note for approximately against 6 the Ir mining lining company secured by a mortgage on failure to pay on demand foreclosure was ordered and at a sheriffs sale the melting company bought in the assets of the mining company for A knew new method of handling lime rock has been adopted at the t Ho Ro consolidated mm min homansville romansville mansville quarry of the chief ing ln COrli in fact since the company pany at tintic gintic for some time opening of the deposit from which avery a very large amount of ume lime has s already been taken the rock has been transferred from oni quarry to the loading station a few hundred feet away 3 by y the use of teams and wagons under the new arrangement ment the company will use a three rail gravity tramway with proper equipment ament for loading and unloading the small cars car the tir e lime the he rock change ange will greatly reduce the cost of handling 5 t ali the aniual report of united states smelting smelling Sm elting refining the chev 1 ning for 1923 23 shows consolidated profits for byear y ear of of after pro providing V iding reserves for depreciation depletion and amortization and for federal taxes and other purposes the net profits for last year were from 1923 operating profits after charges of united states smelting smelling there was deducted for the years dividend on preferred stock and a further reserve of leaving final profits available for the shares of common stock of or per share what seems to be at this writing one of the most important strikes made in the tintic gintic district is being developed by the chief consolidated mining company in ground in the southern portion of that property the control of which is vested in the chief this ground is being developed from grand central workings also controlled by the chief consolidated the strike was made on the 1300 foot level in a fissure extending from the mammoth and about feet higher than where the ore was found on the mammoth side the ore is said to run well in copper lead and silver raising in the ore is now in pro progress 6 ress and operations on an intensive scale it is said will soon be under tinder way sloping was started more than a week ago and the first forty cars were not long in being mined and sent to the surface the strike has had the effect of greatly enhancing the market price of stock as well as that of mammoth has long been considered as valuable mineral bearing 6 territory and the location of the new ore body and the trend of the fissure in which it is making are such that it can be followed for a long distance through ground laterally and vertically as well |