Show 5 MINES TO RESUME For several days it has had been intimated intimated inti inti- mated that the improvement in Ibo Iho metal prices warranted Bomo omo of ot the mine operators In n resuming consignment of f ore A careful review of the time situation situation situ situ- with a number of the leading sil sil- sil vcr lead mine managers shows conclusively ively that no such Buch steps arc aro to be bo considered con at the present time cn Es-cn with ead at 4 t rents cents a pound it il is shown bown that both gilver and ana copper coppert which ap op pear in almost every erv lead deposit are aro till too low to permit of extraction alv al st v S profit to those interested in in minin mining properties Among the most prominent Tintic properties that have been mentioned ii in inthe tho the class of those properties that would resume resume- is is the May Day Duy When President I dent Dern I was approached and asked S for lor a statement nt he hc said that some nome of the directors of this company had bad been discussing the possibilities of resuming m Thus far no deci decision ion has been reached and anal until tho the directors S I pet get to and aud take some Rome action noth- noth lUg definite can cnn he be said Haid relative to what Iho tho company will do 10 The May Day ha has contract with irith the American Smelt Smelt- ing tv company an and until tho the metals shrunk in value alne tho the company wa was enabled to make dividends i of 1 12 a month on tIme the output In case cast the United Unite States Smelting company is 15 granted permission permission ls n l to re r. resume re- re sume t the tho o treatment of ores ons in iu its lead ca furnaces in the R 11 0 it is is assured that several sc of the min mines in Tintic will resume 1 shipments at once Both the Uncle Sam Sammi and Lower Mammoth l are counted counte among the first firt ones to operations in this O l event nt Even should H the United States smelter be unable to get ct permission sion to resume it i is said Mil that the contracts which it no now ha hJ has with Tintic mines will be he abro abrogated nu and aud new hOW contracts will ho bo made mado by the various van vari ous minin mining companies with other othel smelting smelt smelt- in jag ing concerns The Tho Kni Knight ht plant at bit Sil Silver vcr ver City has haJ already arran arranged et for OT sonic some of tho the Tintic Tintie ores urell aside from front tho those c of time the mines In this manner a haul from front the time mines to the smelting ng plant will ill he be materially shortened and anal son some of ol the Tintic Tintie properties es will haul bv by wagon waTon route When 1 Pr President si ent David Dahl Keith of tho thaI Silver Kin King Coalition mines and other Park Parle ark eit City mine owners were ap ap- for for statements relative to the possibility loi of r resuming resuming- mine maine opera opera- ions they all declared l clarr that the were vere still too low Mr Keith said that l he ic ie believed that his bis company not afford to consider any proposition look hook ng mug toward resumption until silver was as materially improved pd an and he lie felt sat sat- that those thoo interested with him would not be bo in favor of sacrificing t their heir cir ores fre at nt the rc prevailing pre metal prices Most W of tho the Park Cit City r mines contain a good percentage of silver and co copier cop I per ier and even e with lead at al 4 1 tho unsatisfactory pr price co of tho the product bi-product would not justify the pro producers in resuming re rc re- re suming for time the hi lu time the Alta AHa camp the Columbus prop prop- cities ei can afford to resume resume- shipments as quickly as ag n a better price for copier copper cop cop- per ier is is obtained With prospects favorable favorable favor or able for an nn early carh n advance in n the price of copper it is is s at least cast reassuring i to the he interests ts in in that camp for it is said that oven 11 with tho the low price of the he white shipments can cm be made from that section on a good lead ca nn and anal copper market |