Show hince hance of Premium On Virgin Gold May I 1 Br Bring ng About t Rush Hills Still Contain Two Billion in Precious Precious Precious Pre Pre- cious Metal Meta I By Dy RICHARD C. C WILSON Heel Press Staff Correspondent LN N FRANCISCO April 21 21 Pos Pos Pos- ity ty ot oZ a premium price for vir- vir oId today threatened a frenzied search for the pre pre pre- yellow metal rivaling that of 49 gold rush for tor Inexperienced pros pros- rs s to cash in on the world- world demand for more sold gold to main- main governmental and industrial Its ts are Ire meager Ten thousand tried it in California last year and averaged con- con ably less than 1 a day accord- accord to Walter Bradley state miner- miner old mining California's largest richest industry is undergoing greatest activity since th the hectic s rs of 80 years ago aeo when fabulous us unes were made overnight res ires in leading gold mining comics cornes com corn ics cs es have been in heavy demand ice ce the United States abandoned b gold sold standard Wednesday Officials of the leading gold mining predicted today the gov- gov ment probably will follow Great action and offer a pre pre- ium lium for newly mined gold When gland igland abandoned the gold stand stand- d a 20 per cent premium was put 1 gold to stimulate production and scout age hoarding Similar action it was was predicted will result from the bill in in- in the house yesterday by Englebright of CaU Call ornia omia 0 Production of gold in California in 1932 2 totaled ota approximately Ia e y O 1000 the state estimated today Increased activity by most of the mining companies he said slid together together to to- gether with the meager findings of the thousands of unemployed men and women who will vill search the foothill foothills foothills foot foot- hills hill for gold cold this summer will result result re re- sult suit in a substantial increase in the 1933 production Paradoxically while the world faces gold shortage the hills of California alone llone contain an estimated in gold awaiting lucky miners Bradley said Most engineers agree that at least this much nuch gold remains in California's Cali Call fornias fornia's veins he explained More gold remains to be found in hi the western states than has been mined to date Many of the heaviest producing producing pro pro- veins have barely been scratched An influx of eastern capital Bradley Bradley Brad Brad- ley Icy said has aided in the reopening of many old mines in California Nevada Nevada Ne Ne- vada and Idaho All AU of the established established mines mine's are arc working full fuU time With the thc increased demand for gold Bradley expects that many shafts in abandoned mines some soma of which I have been driven one mile mUe beneath the surface will be pushed even deeper to find new and aud profit profitable ble veins 4 4 Bike Costume 7 f r Associated Press Pius Photo This white bicycle ensemble worn by Florence L Less was declared perfect perfect per feeL by stylists at a a. meeting In Pasadena Cal |