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Show Al THE CITIZEN from $4.00 to $9.00 the past week, is making mining men sit up and take notice. Superintendent Newton Dun-yowhile admitting that ore in considerable quantities has been, uncovered in this particular section of the big property, prefers to await further developments before talking for publication. HUlHIIHIIIIIIIIUlimilimiHIU'.miHIHHIIIIimiHIIMmWIIIMIIHIIIIIIWIIIIIIII ihiuiihi,,,,,,i . Mine and Oil Review tfeekly n, iIIIH.........HiiiiiiiiiiiiiiiuiHMHiHiimuiiLiiiiiiiiiimmiiiiiHiimiiuiiMHmniimmiHniinmmHiiiiuiuiiiinMmHimimiuHuiiiir EUREKA mining ence of ability how at however, have no such It is a proposition of fools in where angels fear to tread, letters have before us market Harris Co. & New York, in 25 Broad which they hand this district a and advise the sale of Blossom on of blow of probably not because they their clients to cash in and get nek, but because in the same oney, they advise the purchase of sr stock, which may or may not merit Of course it is to the i to keep the rg moving getting them in and out and we have yet to see the r who is the least bit hesitant st of the brokers giving advice. the statements of Harris regarding the Iron Blossom of ie ). uch brazen lies that we cannot attention to them. Here The Iron Blossom is a mine splendid past, but it is now exhaustion. The company but call a -- non-payme- nt investors, realizing just other fel-rhrous it is to tell the to do with his money. Stock hy taken over is that formerly owned by the Harwood Mining company, which forfeited. Its .charter some time ago of the corporation for tax. The group consists of six patented claims, located in the eastern section of the district. Since organization the new company has purchased the old McCune tunnel prop- .erty, consisting of four patented claims, and it is through the McCune tunnel that development of the East Utah will be prosecuted. The new company has interested W. I. Snyder and other well known Salt Lakers, and the, matter of financing for extensive development work has been perfected, and active work will commence just as soon as road conditions will permit the transportation of supplies and provisions. The McCune tunnel was driven a distance of 2,100 feet in the early days of the camp, and the face wall is practically up to the East Utah lines. This tunnel will be continued on to prospect the new companys holdings at a depth of anywhere from 1,000 to 1,500 feet The East Utah will commence work under most favorable auspices, and there is every reason to believe another producer will be added to the Park City list during the present t and wide ad-- 0 very seldom offer their men line " property knock Zm BROKERS operations many months ,d granted leases to give on the ground a chance to a little more than days wage toned quantities of ore that have been accidentally left in Id workings. The Iron Blossom will soon be closed down and ass into history. Sell this stock small .. Bert Mahoney, the well known miner, has- been given a contract by the Ontario Mining company to drive a drift from the 600 of the Ontario through virgin territory toward the Naildriver shaft, for the purpose of prospecting, and likely to eventually connect with the Naildriver shaft. Every day produces new evidences of unusual mining activity in this wondrous old camp of riches and - . longevity. EUREKA DISTRICT. Manager Fennell of the Zuma says that the work of cutting a station on the 1300 level has already started and that it wil be but a short time until drifting will be under way. This means that the development campaign has reached a most interesting stage and that ore can no doubt be expected when the ground is cut at this depth. Larson, of the Midwest Development Co. of American Fork canyon, returned to Eureka during the past week, having been temporarily A. W. year. The officers and board of directors of the East Utah are: R. T. Kimball of Park City, president; W. A. Dennis of Helper, Utah, vice president; Mrs. Hazel Wiley, Salt Lake, secretary and treasurer; J. W. Lamb, Salt Lake, and Thomas H. Pauli, Park only a part of the long up by these brokers ti-hash- ed in kort to cause the Iron Blossom holders to sell. fact of the matter is that if ron Blossom quit working today ) spit up the money holders would be hand given almost is for each on . share, without tak-Ltconsideration the machinery 6 ore bodies. The mine is to $15,000 a month; nineteen carloads of ore last &nd about as many for the ending today; has recently some exceptionally rich ore, cars bringing as much as d it is quite safe to say be mine will be operating and i dividends long after Harris have gone the way of other o mak-10,00- 0 City, directors. P ed brokerage houses been a wind. that re-ha- ve falling like leaves Eureka Reporter. MNING COMPANY FORMED AT PARK CITY 18 a new company in Park blch is destined to attract ention the next few 6 Park Record. months, The property PARK CITY DISTRICT. 0. Meetings of the various mining companies controlled by the Knight interests will be held at Provo on the 10th of April and it is generally understood that the Iron Blossom will get back into the dividend paying Members of the committee present were A. S. Wlnther and E. A. Hamilton of Bing-- a ham, H. M. Hartman of Ophir, Forrest Mathez and O. N. Friendly of Electric Vacuum Cleaner Park City, T. P. Billings of Tintic, C. A. Allen, Ernest Goyford, N. A. RobA. G; McKenzie of ertson and Lake City. Corporations of Utah are filing reports with the state board of equalization and among those ()f the past week is the following from the Tin-ti- c Standard Mining company: This company reports a decrease in its net proceeds of more than. $800,-00Physical property and equipment are owned aggregating $664,417. Some .74,552 tons of ore were mined in 1921, from which a gross yield of Extrac-- . $2,528,412.58 was received. tion cost was $792,592,. while reduction cost was $1,014,210.78. An offer of vital interest to all housewives at spring cleaning time the wonderful new Tentative arrangements have been made to hold the second meeting of the Utah Metal Mining Institute at Park City July 14 and 15. This decision was reached at a meeting of the executive committee in the offices of the Utah chapter .of the American Mining Congress. . Cleaning Cleaner For a Dollar! cents. s is relieved of the responsibility of looking after the mine. He is enthusiastic regarding the proposition and expects the Midwest to take its place among the regular shipppers of the American Fork district early in the George H. Ryan, coming summer. mining engineer of Salt Lake, will give hiB entire attention .to the property during the absence of Mr. Larson and just as soon as the snow leaves the mountains the work will be speeded up as much as possible. The company had the misfortune to lose its transformer house in a snow-slid-e and this accident caused some weeks delay in the development campaign. is yours Salt , Reports from the Ontario are to the effect that the upraise in the long drift on the 1,300 in the eastern section of that property, has broke ore bodies, and the into belief is that the development will prove it is the continuation of the immense ore bodies of that famous mil- producer that have paid many lions in dividends in the years gone by. This report, combined with the fact that the pirce of Ontario stock high-grad- e for only $1 Down and $5 a Month Special Terms Offer During April Only. r Buy NOW and be entirely free from cleaning drudgery! ' on the New York exchange advanced Utah Power & Light Co. Efficient Public Service" |