Show PARK PARI CITY MINES fINES CLOSE mm DOWN JAN i 1 II I Determined Definitely as to tc Silver King and Daly West MAY BE FOR SHORT TIME I Indications That Smelters WillBe Will WillBe ill I i Be Willing to Offer Better T Terms erms I I IThe The Tue mines of or the Silver SIJ company compan and ana the Daly DaJ West Yost company and probably those of oC the tho Daly Judge company will b be he closed down own January 1 to 10 remain closed until there thero I Is If Improvement Improve Improve- flOUt ment In the tho metal market and smelter situation Tho The decision to close ho th Sliver Silver King ivas is-as made marle at nl a LL meeting mealing of the directory directors of oC t that company held yesterday j after after- noon joon Following meeting Manager Dl el of th the tho Daly Dalye West AVest e t im- im that lila hlf r-omi r anY COUll inv would dose close Manager Lam Iou bourne IlIe o of th the Dul Daly Jud Judge l was out mil of the thc eH city hut but it uns u-nii understood that lint his hiM company would likely follow the example set IJ by the theother others other S With all alt of the big mines o of the district shut down Iown it will mom moan clu l to lC X men amen out of ur employment In Park Pal Ie Crt City Those se directing time the affairs s of the com com- panics pallies have t expressed deep regret nn on of or tills thus phase of or time the situation but Jut from front the time fact that hat It seems lII like e throwing owing away avay tho the resources of or time the mined milled d to o market them at nt present prices it is believed that time the Interests of tho Ihl lie hol demand complete cessation of production I ion A t reduction of forces forceR I la is also being made madei i itt at t the tho AHa Altu mines Manager el Jacobson wn of f I tim 10 rl lit ie r il that ml shipments will be gla greatly c curtailed I If not discontinued altogether Only de- de work will he lie continued in th this o South Columbus Similar con conditions pro pro- vail all ail In iii the time TIntie district and anal it is re- re that several se mines of ot the strict district will be closed January 1 I fl r J Mure Je Lenient u I t. t It IL is possible however that the time shutdowns shut shut- downs o will not ne he for an Con extended period ln Indications that ther there I Is to be Lie improvement improve I ment In Ia tho the smelting situation are aro noI not noi I wanting From Frum Cripple Creek come J word that both hotl the American morlan Smelting and Re- Re Relining lining company and the United States He Reduction company compan have l just announce the heaviest i reduction in rules rates for fur the un und and transportation U of ores ore known Jello in recent years Die fhe cut is from Crom 20 0 lo to 23 25 per lIel ic cent f from ont the charges mad madon on October 15 10 which were Jl ti tt hl blK cut big cut t from fron lom rat rates s which IH previously I i prevailed IH Anti And in It 11 IN is saId al id J that lint time till Smelting and Helming company has bias in In- d Its rC readiness to lo take ores Oles with an Implied promise that more mon favorable rates ire arc to bo be given the tIme ship ship- tha j I no II on i I as h lh t to Wan lt t It I I acc of lIf ores and with the time addi addi- lOll tion to tu the rican Ann company's field Cam ld Hearing It no rio doubt l sees c. c the when it will need ores It is not HoL I believed lile that th time the United States Slates compan will vili lose dost los It its lead furnaces at ut Junction |