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Show THE BOX ELDER NEWS, 1937, February 2, PARK CITY You Can Reach Them liil Semi-Week- - ly Page Threi FAMOUS SILVER CITY OF UTAH i Instantly -- by Telephone Useful, every day and priceless in emergencies, a telephone pays for itself in time and trips saved. Enjoy its protection and convenience for a few cents a day. , By HOWARD V. ALSTON county In Utah contains EVERY minerals. It is calculated that almost half the people of the state normally depend on mining for their livelihood. It furnishes the largest industrial pays rolls and more than of the total freight tonnage in the state. It provides cash markets for the states other products and disburses within the s state more than of its total gross income for labor, supplies, taxes and other services. Park City, in the Wasatch mountains 42 miles southeast of Salt Lake City, alone has contributed $326,000,009, of which Investors have received about $25,000,000. The average net income is con-- , siderably less than 5 percent, of gross production. In early days Park City was a mere sylvan glen. It received its name from a grassy park surrounded by a grove of quaking aspen. Discharged soldiers from the command of Gen. Patrick Connor at Fort Douglas were the first to find minerals in the vicinity. Rufus Walker, as early a3 1869, located the Walker and Webster claims. Others staked the Young American, Yellow Jacket, Green Monster, Flagstaff and McHenry lodes. But mining really began when Any employee will take your order. three-fourth- orgl-nate- three-fourth- The Mountain States Tel. & Tel. Company relief administration state indicate that reductions in employment Survey cf Month And Year Made ;w of the Month Calif. In-- il Twelfth in the production ct increased considerably in for iber after allowance This banks of Douglas fir lumber 37 per ition, which declined because of the in November me strike, regained over half it loss. The flour milling declined sharply In No-i- r, advanced to the October The recovery in lumber and milling during December partly ted increased movements of FRANCISCO, ad-ind- ex ch re- sulting directly or indirectly from the maritime strike were approximately offset by gains in other lines, after an allowance for the seasonal influences. Recovery in business in December was also indicated by a larger than seasonal expansion In sales of department stores In practically all parts of the district. The actual increase amounted to 68 per cent, compared with an ordinary seasonal gain of 60 per cent. The outlook for agricultural production during 1937 was unfavorably affected by weather conditions during December and early January. The comparatively small fall sown wheat crop was In poor condition because of lack of moisture and unusually cold weather. In California, considerable damage to vegetables and citrus fruits resulted from the freezing weather. Need for supplemental feeding of livestock was increased, with additions to production n cost3, and heavy losses of lambs were reported. O ECONOMIC HIGHLIGHTS new-bor- rail. Expansion Happenings That Affect the iput Is reported to have conti-l- n Dinner Pall, Dividend Checks the furniture, automobile, and Tax Bills of Every ire and tube Industries, but a Review of the Year Individual and International cane ir of plants producing Problems Inseparable From 1936 was characterized The year Box Elder Countys Welfare. vegetable oils, and soap re-- d by continued recovery in industry, Idle throughout December and private construction, agriculture arly January. trade, and by further expansion in The 1937 Outlook s business and the construction industry, personal loans of disadvance In the value of trict banks. On an annual basis, outDuring the year just closed, for new private building put of a number of manufactured there has been fulfillment of December resulted entirelj products and industrial employment hopes mixed with a number of a gain in the were close to the level of predisappointments in the industrial tication. Seasonal influence! field. It is true that production years. Although the depression peak at least partly responsible foi of lumber and mineral and sales indexes are at the production er cent decline In the value o: products continued well below that highest levels since depression residential building initiated ir of set in. It is also true that variprevious record years, total output iber. Total ous grave problems notably that permits for resi in all industries for which statistical M buildings were about 10 pel data are available averaged only 14 of unemployment are still a long jimaller in value than in Octo per cent lower than in 1929. Value way from solution. ;the peak month of 1936. A of retail trade was nearly as large As a result, industry looks gain in the value of award: as in 1931 and the movement of to 1937 with optimism forward lublic works largely reflected freight by rail was 13 per cent tinged with worry. It is probable ied railroad construction. larger than In that year. Agrithat the most favorable outlook ie Pacific Northwest, the num cultural cash Income increased to of all Is held by the retail trade Industrial wage earners de the highest total since 1930, but businesses. Last years Decemno more than Is ber buying totaled more than customarj still was about 20 per cent smaller scember and as compared with $5,000,000,000 factory payroll! than in 1929. reduced less than were $4,600,000,000 in December, 1935, Substantial seasonally gains 'yment and payrolls in Call and $3,700,000,000 in December, in practically all lines of Industries declined less thar registered 1933, which marked the low point. economic activity. In industry, the tally for the third successivi seasonal employat occurred advances Consequently, plants largest , the adjusted ment last December (extra clerks employment in producing durable goods and in a pr December advancing to i number of lines which had expanded and office workers in departIhigh level. Reports from th more rapidly than Industry as a ment stores, etc.) was encouragwhole in the decade preceding the ingly high. This was reflected to some extent in the production 20 of An advance per depression. field. However, payrolls are still cent in total industrial output was low. 12 of increases abnormally per accompanied by cent in employment and 19 per cent A synopsis of current business in payrolls at manufacturing estabtaken from authoritative sources, lishments. In 1936, as in the precedfollows: Electric Utilities. During 1936, ing year, particularly large gains occurred in new private building acthis industry spent $330,000,000 for new capital equipment. This tivity, the value of urban building permits for that type of construction year It will spend more than increasing about 120 per cent. Retail $530,000,000, as a result of insales of department, apparel, and creasing demand. furniture stores were 13 per cent larger in value in 1936 than in 1935. Sales of new automobiles in 1936 were at the highest level on record. aut Largely as a result of Increases in I ttobile E. WADDOUPS prices, rather than in output, agricultural cash income increased about owed by a suit ft 15 per cent to $950,000,000 in 1936. mages could kno Cooley Memorial Hospital Reflecting expansion in the value of business transactions, such as reBrigham City, Utah . lur tail and wholesale trade, wage and PHONE 17 savings salary payments, payments to farmkat unless you ers, and trading in securities, the value of checks drawn against de- C. A. D. D. S. 1 posits in district banks was 18 per cent larger than in 1935. The volrnne DENTIST of bank deposits also Increased subgIL11 iEtn CauIty y 6 First National Bank Bldg stantially and the rate of deposits finite TELEPHONE NO. turn-ovdid not change materially. As in other recent years, the principal factor contributing to the growth O. G. BARGERON of deposits was the disbursement in BEAL ESTATE . PIRK INSUKANCI this district of funds collected else- LOANS - SURETY BONDS - ETC where by the federal government Notary Public Deposits also were augmented by PHONE 129 further expansion in commercial and "I WHl Appreciate Your Business i I Elll ONE NO. $ personal loans of banks and by sales to the mint of newly mined, reclaimed, and imported gold. products by per-ssue- ! year-to-ye- ar BUSINESS CARDS serious accider DR. DENTIST into i MUNNS, FNA-IZ- 31-3- g it er norman lee cm. ctah s7 ivKMAN LEE To patch a punctured inner tube without tire cement apply the patch to the punctured place and press it with a flat tool against the hot manifold of the car. oed Abstractor .EH .. ATE - INSURANCE MVS . BONDS Forest Street HKR 1TY. - UTAH d Rector Steen, a prospector, found a rich specimen of silver ore on a mountain trail. With his partners, John Kain and one McDowell, he located the Ontario. An offer of the claim for $6,000 was disregarded, but a scout for San Francisco bankers put up his last $20 bill for a He Interested option. some Californians and In August, 1872, HearBt, Haggln, Tevis and Chambers paid $24,000 for the prospect. The Ontario proved rich in silver. In nine years it produced more than four million dollars worth of ore. For six years more (t was the only shipping mine In the district. Profits from its operations furnished much of the money needed for development of other prospects. The Naildriver, New York, Crescent, Anchor, Mayflower, Alliance, McHenry, Silver King and other mines were opened in succession. In the late 80s David Keith, Thomas Kearns and Col. W. M. Ferry took a lease on 25 acres of the old Mayflower workings in Woodside gulch. Without capital and with much privation these men sank a shaft at a point they thought to be mineralized. After going about 700 feet they finally vein. This struck an discovery led to the organization in 1892 of the Silver King Mining company. y Daly-Wes- t, g Automobiles. There seems to be almost no limit to the publics appetite for new cars. On the debit side of the ledger is the threat of labor troubles. Construction. For the past five years, a major building boom has been anticipated. It has not occurred. However, during 1936 construction was at least 50 per cent better than in 1935, with home building 70 per cent ahead. America still faces a considerable housing shortage, and the building industry hopes that 1937 will finally prove to be the year In which Americans will go into the market for new homes, as well as extensive modernization of old homes. Steel. Has just closed the third zest year In its history, with production the best since 1929. But this industry also is troubled with labor difficulties. Railroads. Traffic is good, and profits are small. Some executives feel that the ICCs refusal to continue the emergency surcharges is a serious blow. ICC says, on the other hand, that the emergency is over, that more will cover the freight pick-up- s loss. Time can only tell which side Is right. In the meantime, the lines are continuing their expansion and betterment programs in both freight and passenger fields. Airlines. Seem to be making a steadily increasing appeal to that part of the traveling public which can afford the higher fares. One line reports a 122 per cent jump in business. Employment As m e n tioned above, Is still one of the most serious of our Internal problems. Unemployment total Is hovering around six or seven millions. Business must make big progress In production before this labor surplus is absorbed. Politics, taxation, Labor troubles and technological advance are great obstacles to employment Agriculture. H ad the best gross income since 1929 in 1936. Crops were smaller, as a result of drouth, but prices were higher in practically all lines. Easy Money In the near future, you are a highly technical discussion going on as to the merits and demerits of easy likely to see From a nucleus of four claims the original company has grown through purchases and consolidations to a property with thousands of surface acres and more than 200 miles of underground workings, which have yielded approximately $100,000,000 'worth of ore. But for Park City and other mining camps Salt Lake City might 8 till be a struggling village In the desert. Such buildings as the Kearns, Ness, Utah Savings & Trust, Judge and others were built with money from Park thcr City. These buildings and city property improved by mine revenues form a substantial basis for present and future taxation. Several western mining districts, after periods of flush production, faded into ghost camps. Not so with Park City. Activity and population necessarily have varied widely as mine production has increased or diminished. However, after each boom period there has remained sufficient ore deposits and prospect leads to keep a goodly number of men employed, even though profitable production was temporarily curtailed or entirely discontinued. Perhaps the most noteworthy occurred example of curtailment during the recent depression. Collapse of the metal market made mining an industry of loss. For the time In the history of Park City dire want and poverty stalked through the streets. One large company chose to operate at a loss and provide a few development jobs, rather than add to the general misery. This company in three years time lost three million dollai 9. For many years the population of Park City has varied between 4000 and 6000. Dwellings, terstores, theaters, minals, schools, churches and depots had to be constructed to house and serve a rapidly growing number of people and to care for their economic and Boclal welfare. The people of the city are, and always have been a cultured and cosmopolitan group. They comprise every phase of civic, religious and political opinion. First settlers came from the Pacific Coast, Salt Lake valley, eastern and United States. These were followed by northern Europeans, chiefly Irish and English, to be joined later by a sprinkling of Danes, Norwegians and Swedes. Present large metal producers are Silver Kin? Coalition Mines Co., Park Utah Mines Co., Park City Con. and Park City Development Co. A newcomer, which is just beginning to ship, is the New Park Mining Co. Their principal products are lead, Bllver and zinc. ore-loadi- n to an unhealthy speculative boom in securities, to Inflation, to higher living costs, and to a collapse in bond values. Security exchange spokesmen have pointed out that present market activity can go too far, that It is the duty of all involved to avoid the obvious danger that from a security can "boom. It is easy to become excessively optimistic at a time when money is cheap, and industrial production is soaring. It is not generally felt that current security values are too high fear Is held only for possible exorbitant rises in those values in the future. result Carbon paper, which is used in typewriters for making extra copies of articles typed, is made by giving paper a coat of a mixture containing starch, gum, flour, and a black or blue coloring matter. ARMY SEEKS TO FILL VACANCIES IN AIR CORPS men of the area will be enlisted in the air corps tor station at Hamilton Field, California, according to word received from recruiting headquarter In Salt Lake Cltv. Applicants must be between 18 and 35 years of age, of good character, single and without dependents. They must have one of the following qualifications: Airplane mechanic radio mechanic, radio operator, automobile mechanic, typist, and be a high school graduate. Fifteen men will be accepted for enlistment In the Eleventh Cavalry at the Presidio of Monterey, California, and vacancies are available in the Thirty-eight- h Infantry at Fort Douglas, Utah; and In the Fourth Infantry located at Fort Missoula, Forty young Inter-mounta- Montana. Applications for any of these vacant cles will he received at the army, LOST Two Holstein heifers, branded stations In Salt Lake City TJ on left hip; one has crop off recruiting Boise, and Twin Pocatello, Ogden, on left; other right ear, under-b- it Idaho. Falls, full eared. Call 179-Reward. CLASSIFIED ADS (f2-5-p- d) RENT Phone 112. FOR Boss; "Great Scott, Mose, how you come to be all bunged up like this? modern house. I thought you were one of the best; (j5-t- f) t In the business." Mose: So I Is, boss. Due we done PAID For dead and useless got in a mule last night what didnt; cows and hones. 'Phone know my reputation. (adv-t- fi Reverse charges. mule-tende- rs CASH 493-J-- 2. Thanks to you Mr. Fanner Agriculture Is Helping to Bring Back Prosperity The past 6 years have not been easy ones on the farm. Youve put in long hours, hard work and met discouragement with fortitude and courage. And now agriculture i3 coming back. money. For four years, the federal government has steadily forced interest rates down, in an effort to make money more plentiful. Any security holder can bear witness to that where Grade A bonds used to command five and sometimes six per cent, they now bring less vhan four per cent for the most part Government experts say this is a good thing, that high- priced money holds back busi ness expansion and construction, thu3 a threat to recovery. Most private experts say this is true, to a certain extent but of preseht that 13 continuation trends, with money growing cheaper all the time, may lead in Your confidence has not been misplaced when you have learned to count on us for friendly Interested advice and financial in farming and farm problems, you can always depend upon us to do our part, 1 The First National Bank of Brigham City, Utah MEMBER FDIC t |