Ogden Standard-Examiner | 1927-03-15 | Page 4 | Future of Park City

I FUTURE OF PARK CITY Park City had a big fire lIre which did damage Often when mining camps ha have e big fires there theIs Is evidence of ot a decline In la the I output of o the mines and anda a sluis slump Js is on but Park City Ity Is not In that condition In tac fact the camp ulver uever had a brighter outlook Develop Develop- Development ment work In two of the largest properties show ore bodies which will require years ear to extract and lut year Park Utah Consolidated j MInes company produced more mo silver linver than any other mining corn com company pany In la the United States A r port on that property Issued dis- dis discloses closes that at the end of 19 1926 Park had In Its treasury somewhat over In cash demand notes and Liberty bonds compared with roughly at end of o 1925 Company last year concentrated upon develop develop- development ment and made little litHe attempt l- l with metal prices low to earn ea T much more than was necessary 7 10 to cover the annual dividend of f 60 cents a share a year This year lr it Is understood that output will wIe be Increased appreciably and that that whIle development Is at present third third one of o the cost coat of- of mining ore ores the proportion will vi be son som some some- somewhat what less this year although the t company plans pians to continue a viS vig- vig vigorous 6 orous campaign ot of lt In n 1926 Park Utah produced 40 40 pounds ot of lead 12 ounces of ot silver sliver pounds 13 ot of zinc line of which pounds were recovered and paid tor for 20 20 2 ounces of ot gold and of copper 9 tons ot of o ore in 1926 With mines ot of o that that kind to sus sus- sus stain tam the community Park City Is assured years of prosperity Park rk City today Is a greater producer than re St at any umer time in its history