Show SilVER KING CONS NEW CARBONATE ON 1650 LEVEL hat Silver Sn King Consolidated has lias pro en up on large ore deposits in Its rk City holdings and that It has o of opening large deposits is the tha of Murray Murra Schick who recently n the underground workings His statement In i part art Is as follows follows- Most Important of the new disclosures s the Carbonate slope as they all al It p.-an p. n incline connecting the end of a a north on the 1625 level with the end of ota a north orth drift on the 1550 level level This Incline Is Is' about abut OO feet long and runs for its It entire en- en tire length in a bedding of carbonate ore rom two to to four feet teet thick It I Is le a grade gade of ore that should hould bring on the present from 60 to iO a a ton The discovery over came as ae a pleasant sur surprise Sr- Sr prise even ven to those most familiar with wih the mine The ore ore In the drift on the level le at a s distance e of feet teet from main had narrowed from five fhe feet to about twelve Inches It I looked as M If the bedding were pinching out drift on the 1625 level did not strike pie he ahe ore until It was extended feet feet-be- vond rond the face of the 15 1550 level drift drift ere the ore was wa two and a half hal feet wide Ther The connection of the two levels d demonstrates that the ore bedding which as very nearly for feet on its ts nS northerly ver trend tend at the 1550 level took turn at the end of the drift and not dipped sharply to the north but increased in thickness and value h bedding S shows a all along t the e east west e id walls of the e drift I lo and gd the e In Incline cline To the west it Is dipping with the Stratification to the east it I is pitching F With Ith the strata On the gouth it merges merres nto the main fissure ore bod body lo 10 the orth it Is dipping below the floor of the 13 level drift There Is no gainsaying the he fact that the bedding is more than 00 feet wide The ore shoot from which tt t makes maltes is 1000 feet long and the Inference Inference Infer Infer- ence ence is that the bedding is as long as the hoot in in fact an ore bedding going east has been proven feet west wet of the drift on the 1550 level level Jf this were the only bedding from th the main fissure the King Consolidated would assurance of dividends for a long longtime time ave to come and there are other beddings bed bed- pings dings as well wel as pipes and lenses making from the fissure Into the lime forma forma- or tion t I noticed d particularly a place near the te o. o 2 raise where a streak of sulphide p. p h V hn r ori nn un Sn and out to the north th by Y a series er s- s of step r It It had I root roof in size until It enveloped the over oer gown the highest step sep and came down seVen feet on the front and sides I How Jar north this bedding will wU go or ord whether ar it will connect n t with dt a the eo bedding I dita le described above I had no way of deter determining d mining but from Its is strength I judged it i I Iw Ix to be very extensive x known w resources es have certainly In Increased In- In creased ceased in the last twelve months and my opinion is after a. a a personal look at the workings that they will wi continue to get bigger g for some little time I whether other hi tIT fj tJ ore bodies d are found o or not To the e best of my judgement u n there was about u twice as much c ore actually ta In sight on February b nr ary 22 as was cal claimed ed by the manage manage- nt in its is official report reports of ot the Ule February Feb Feb- uan before oln In the last ear they have hae demonstrated j ja a prism of ore 1000 feet long 35 feet high Jane I and from 4 to 30 feet wide Ide and various arlou new lenses pipes and beddings awa away from the fissure It I doesn't doesn't look to me melas mes las s if I the they had out and filled fied more han TOO feet at te west the est of the 1 where the greater geater part of last ears Bears mining was done Slopes have en opened further east eat on the vein but butt butt butth t the miners have only nibbled at the e ore It th has been practicable If as well I RS lS t desirable to get get the mineral needed B yf j following out the beds and J lenses on fach ach of the fissure tsure thus combining I prospecting with production and ng the more accessible ore for I later latero Operations o ra tons WEEKS WEEK'S STOCK INVOLVED MORE THAN Mining share transactions tons on the local exchange last week Involved more than For the first time in months most of the attention was given elven to the high priced stocks for the properties represented represented rep rep- resented by these Issues are In the class of large producers which are showing the greatest profits in their hel history There Is a a considerable amount of money being Invested In in this market and the Issues that show good interest bearing rates look ook attractive to the investors who have idle During the week there has been beer no sudden sudden sud sud- den bulges in this market It has shown big advances In prices in such issues as South Hecla Prince Consolidated Silver King Consolidated Ca Cardiff and Iron Blossom Bios Blos I som but t these stocks s have e ben ron e entitled lel I to better prices for s some f time and it itIs Is Is' only a few Investors In who have taken I the time to study the earnings of ot these these producers and become familiar with conditions con con- as a they exist during this period I when metal prices are the highest in I years I Iwen yeTh The lower priced stocks did not fare far so sowell wen well during the week It was the big market issues that showed I the large g gains in valuations Toward the close the traders trad I ers showed a disposition to give the small smaller er stocks more consideration A surprise surprise- came in the closing cosing hour bour when Rexall Rexal made a a gain of 4 o 4 cents a a share on small smal buying There are art brokers brokers' who claim clim that It I has been a. a a sleeper for some time and that It la Is I entitled to a quotation of as much muchas as 1 a a share It Is certain that just a buying would give gle It a a higher valuation and there are reasons for this as it I is the neighbor of of- Cardiff Cardiff which Is receiving bids of ot 8 10 is being asked aled Then too Rexall Rexal has some ore which It can begin ing Just as soon as operations But this is j Just one illustration I of what I opportunities t I await the investors g on t this market oX who will wi tale take th the pains to get geta a line lne on stocks offered for sale Cardiff is selling on a basis of valuation tion ton for the whole property and we are told that the largest stockholders w would uld not part with wih their Interests Interest on the Ule basis of It I sold under 10 cents a a hare Just previous previous' to he discovery of ore orf In the property less Iss than eighteen months ago It Is 1 being demonstrated dem that there are a umber number of ot paying mines in Utah and ad the wise ones are picking them lem I Quotations on the re lars w r |