Show Hard Luck LucI Mine Miner r JT 4 it 1 t 0 r fil n x g u 1 4 d 1 o ii M r 0 iF l tI tt f tf Y W g Ii z 4 i s tl w 0 P J 7 C i tt c 4 AA W fi I Y i 4 v f Y M g R te s lt A 4 I 1 t tw q tr trI w Q- Q J. J t. t I e 1 r y l J t l c cR R t er ON x iv S' S It 4 n t w. w Ez fay y vm t. t h s 4 cy w t g Y i b J Y ft 4 fi i 3 t ui W r 4 Y t y l t J. J f i 4 W f vi v Y x Cv w y M 1 R U t tM Jt k q 9 y h i 1 r w ft 1 e. e i 4 s' s r. r s.- s. 1 f t ji f yf J J t A 1 J k lM t ir t iJ Y 4 i n N i U I Park City Consolidated could rightfully be called Utah's hard luck mine During Dui the past ten years ears the mine has been one of the states state's major producers but so fa the stockholders who helped to finance the project havo have received nothing Yet the mine has furnished almost al most steady employment of from 80 30 to men Analysis shows the company compan has paid to l labor bor for materials and equipment and has paid In taxes The story of Park City Consoli I dated Is one of heart rendering heart rendering struggle but the stoic determination tion of the management Is expected to bear results for tor those who have havo stuck with the mine Ore was first struck at the Park City Consolidated In 1928 1923 At that time silver was selling at around GO 60 cents an ounce Shortly Shortt after tho the discovery Sliver nver started Its downward trek and slumped to a low point of 2114 cents an nn ounce DurIn During the period of low v silver sUver prices the company was forced to keep the mine in operation in order to meet property payments Moreover More Moreover over It was necessary to sell stock thereby Increasing the tho number of outstanding shares Stock outstanding out outstanding standing w was a s Increased f fro from r o m around to more than When silver sliver was restored to a profitable profitable pro pro- figure much of tho the developed developed developed de de- ore above the tho water level was mined and It was necessary to expend huge sums In equipping the mine and In sluicing below the water water wa wa- ter tel level The management Is now engaged In sinking churn drill holes far be low the tho water level so that rich ore reserves lying below can be profitably mined The Thc company now has only a small indebtedness for tor properties and Its outlook for forthe forthe forthe the future Is somewhat brighter providing an adequate silver price Is maintained by the government The accompanying photograph shows the surface plant at the Park Parle City Consolidated which has grown from a small prospect within tho the last ten years ears The mine Is served by a railroad which runs directly under tho the dump |