Show j i MINES AND I 1 I 1 at vr sr new york annual sharo s wore were represented in person and in proxy at the annual in euting tuesday afternoon of tile the stockholders acl of the new york bonanza mining inin company of the too to lal shares are now nov in an tile the treasury leaving shares outstanding manager ill J mcgills report showed that during tire the year andin ending sep tei tiber 10 1912 there had been accomplished a total of 2572 feet oc 0 drifting and crosscutting tind and 1195 feet of raie s winding vilian op lip ILLS his report with willi ind and ahe he ne icv v york bonanza may yet be a bonanza Secre secretary J IT II deming ins report showed a gross indebtedness debt edness of irom from which deductions oi of GOO ore on liand treasury stock bild lild bills receivable leaves the company compa witha with a net indebtedness of only a total of feet of work for only about 5 a foot is s an unusual record for alu ap 1 ness in his report manager mcgill says that during tile the year lie dr driel ift ed and crosscut feet on the itlie level and raised feet we had some ore in most moat of our daises 1 a aises and drifts but none in paying quantities on tile the level no work was done although there is a showing of ore in in several places but not in sufficient quantities to pay for hinr RIM ing lie says in tile the work on the and levels or in tile the main here for fifty fauct was ore all the way sometimes a foot wide vide from which shipments were made but it was insufficient to pay there is exposed between these levels several thousand tons of ore that will average twelve ounces silver CO 60 cents in gold and on ona to two per c cent ant lead drifts aggregating 0 were made between tile the and levels B tween the aud and levels there was feet of drifting and feet of upraises up raises here her the ore shoot averaged 28 feet ton long and 3 feet wide about lin ien li n leet leel from the level the ore pinched out e entirely nt irely here hare the vein made off in a plane for eighty six feet where jt straightened up and made some ore A drift followed the voin vein for feet in a southwesterly direction at one time showing a full face of hi high gh grade grada ore on the level there were feet of drifts and cross crosscuts cuts and feet of raises forty forty lect elect above the 3 level the oro haid tile appearance a nu number libber of times of making bi big A rais forty feet above the level showed ore all the way this ore gives every evidence ui of holding out above the level and every vaai y foot wo we go wet we gain a foot un depth on oil the levo there has been feet of drifts and ci financial statement the financial statement is as follows disbursements balance I 1 labor bor supplies Kup plies fuel fue timber er hauling taxes insurance telephone 1526 R rent CU t sall salaries iles expense total receipts Rec Birs i sets ore Tu 0 J bills payable total gross indebtedness inac 4 less hess ure ore en cn hand baud treasury stock MIN bills liabilities over assets a if the following weve chosen elios cn 11 II A J IL if deming demin al J megill mcgill M D joseph and robert Sned dun using daly west bins director george W morgan of the thompson quincy this morning said that thie the company had secured one of the ore bins at the doly daly wesl wc t mill ano and 1 was ivas filling buling it with low grade wo cove from tile the vein which is now mow being mined and lias has made arrange 11 m cuts boarn fur a trial run of uie the product though the latter corn company a i mill in addition to this work the higher grade rade ore is being tor for shipment the work now bein being done in the mine ds as at an elevation ek or of about abbat feet above the 1200 foot level of the daly west thron gli which the company readies reaches its dep deep workings worl tings the avais i from thin level is up a considerable distance higher but the manager manaa ment thought it better 1 lo 10 go back to the cross fissure limit ali bt was ims encountered in the raise and to ti mine front from that place at thiis time the cross fidure liias has been opened in both bath directions with ore in each face the vein is be widening with wiell high grade ore ini in the center and lower grade ore on the siles si les the high ili it gride grade ore is being baek and a shipment will sho be boade a d e in ille tire the lower grade is taken ou out through 1 lie he daly wast adest and pit into til tibe e ore bins at the mill about about 30 tons have been already sent to the mill and when titis this anio unil has alnas been doubled the trill trial r ru of the ore will be made it is believed that the thompson quin PY cy will find tile concentration process aror ess one cne that can be success i ully applied to its ore so that all it of the vein vein now exposed can be profitably mined D deforet ecret news neim good times coming all of park cites proposed gaud thugs many of oe which are now but incubating and fare are bui to hatch geese that will lay golain eggs may not come to a i focus fletis this year but I 1 am loik loi ing m to see sac 1013 1913 prove one of tile the biggest est years int tile the his history tory OT T che ec great old camp declared a well park city mincing man after a recent ree tait trip over t alio e camp says Tue tuesday solly s gierald ifera lol besides tile the big things that are now on at the daly west ind and daly jud judge jude e each aili shipping aping i ive weekly cily to tons auns the resumption s ump tion of greater activities it at the old ontario mine and mill the new developments and we or extraction in tile the thompson Qui licy tile he recent kinport ant hn prue ments at the silver kin ring ed also alao tha 11 tin at the little bell flutters olf of importance pending with the california the starting of tre gular B ore from title tilia biro barry the lue revelator Re violator and er properties I 1 will manit iun briefly a few things about uie the big g t coalition 1 I have been in that property iu ill its palmy days yet it nevor never looked better if as good as it does today I 1 believe I 1 lami speak mg conservatively when I 1 say there is t ully fully tons of ore in sight will run 30 to soo 50 a ton tile the cwg ts f ehst arst class ore me avera averages es between 50 and GO 60 and it has lias any of that gradl grade blacked out ri gillit now AlPa ventlY no effort is be male made to ship only du that at ore which comes cohues in way or of developments constituting the output this amount tu to about to COO tons a week chidi is is probably ia production dile tion of il to a month anyway within twenty foil houi hours notice to the mine su sit nt this output could be doubled and the lite production main bained almost indefinitely that old elephant has raol not been touched for iwo or tha throe ec years or wave inee the conkling apex suit began it lias has bi big reserves A ax x fuit foot vein of excellent orre ore is v earled in tire the treasure trea sure hill ground in places juif tine the outer clile of the proven ore bela prospected and in ous placers pl ices with good reul ts remon reason in small output because ne cause of this big rf of blocking out ore with no ap amri nt eff effort ort at it extra people tire are of uie the op opinion livion that silver king I 1 is preparing for a big sale this may and dt may not be it is just possible that the company is merely tiding over the hue time when tile the jaws of the trap into which it fell six sis ur or seven years ago may spring pran back and let the silver kiry kinz go it is as said at that pu put cabout into silver kin king simul simultaneous simultaneously taneo cisly ly tying the com company pany up ii to a 14 transportation transportation and treatment el charge large at that expected peete to he be a king and wanted the park city ity ores he got dot a ten year oil sill ill tine the output off if this bia irline this contract has three OT fourr years yet to tun lun As tile present t rates on ahi oro ori would not DUI be over sra 2 and the si nelter treatment char charges chares es oyer over 50 a ton no af wonder the silver kiu king is clia chafin finZ under this yoke and wriggling wrig sling to get out from under it linins a of nf about a ton on its 2000 tons or more output a month that means that e is today pocketing just a little better than every shirly days or ar over a year which should drop into the coffers of silver king good renson reason for lite ali output beni 1 kept at the unum that is just about double II eines binch on ohio copper clipper where fin lie ticks up very every twelve for perli permitting littin ohio chios ores to s sim ia alv pass through tile la tunnel will give up the haft nellil on silver kinz king do you yon know Ife inze lie ife will four years hence not before unless lie is well paid for it contractors doing good work tile the record regrets eliat through ali ini statement of facts regarding contractor mellenee Mel lewee when lie he and liis his workmen first came to park city that it referred to them thein in tile the sli slightest h test derc d 0 atory manner mr mellecee Mel McI lewee Is a gentleman rent leman of hig high gi standing nd a contractor of ability and wide reputation for first elass class v work ork and fair dealing tuie the men who accompanied him nire core all workmen of experience in the manipulation of the liner machine which is in use by the contractors traC tOTS and are receiving as high wages as atre are paid in the call camp and care are as competent a act of workmen as ev ever er con congregated rega together 3 at t the he daly da ay judge s shaft haft they are as one b big i I 1 family ainaly and nothing is too good aar i r tile them in n the way of gions or livin living the work of 0 tx ic prospecting in which they are enad engaged e for the daly judge and daly west is going al leadin a manner gratifying to all concerned and as it progresses the iaia magnitude nit ude and importance of the work bec becomes onies apparent to our citizens it moans means a greater systematic development of tile the virgin territory of oun ou eral bearing zones zone than was vas ever planned and eventually will make park city a greater prodoc er cr of wealth than t imis hns ever been As work progresses many more men will be employed by the die contractors and they will be niome men and will bo be paid p lid the hi highest liest scale of wa wages es for cour conr tractor is a firm believer in home labor and biome patronage wherever it is is possible the record wishes unlimited sue suc coss for the contractors as well as for the bia bi coni panes fm can lhnn the old daly work at tho the daly is progressing rapidly and with most gratifying results under the capable direction of superintendent dick pelton melton tine the an fn st ue u the tha week in an cpr upraise a ise of twenty f feet e et a L line fine body of a ore was uncovered and is proving it ui bigger every day at present there i s six to eight oi lit feet of ore ead and if it was so desi irod shipments could la be ed und and no doubt continued ly A splendid showing owins sli this for i or weeks work and proves bend belond doubt that park city will have another steady producer in lite line zie near ir future aud and in all probability but a i short biane before alil daly will resume its place among the dividend payers of the damp camp in a sense e never was lite future of palk paik city brig hiter than at thle the present time improvements for sampler superintendent snow of the park lark city sampler is improving the rhe plant electric lights have been installed and the work of electrifying instead of is now in progress improvement pro is the order of tile the day all over the camp distinguished visitors J E bamberger and son erbest were ivere visitors in the park tuesday last they made a brief trip to the daly west where they found folind everything mw in n along sa and pro tit ably it is several years y aaa s since ar J E bamberger visited the park and lie he was cordially welcomed the gentlemen had nothing ii to gilve the ali record in tile way raoof of mining levs ues doing assessment work AV V J bircumshaw was over in n the bi big cottonwood district sunday last where he has three men inen working on the Silver Spring group tile the showing is very encouraging coura cou raging in and work will continue just jua so ton lung as it is possible to get provi provisions sa ons and sup ulice over in section get bigger all AH the time could all the ore that is at present uncovered in thie the great silver king coalition property be measured null nua her ber or ol tons it would make be made public the amount would I 1 by be so large ablitt it could not be easily caily comprehended by the aver lai a citizen the E bom aings in an the hie vai various rious parts of this great producer are simply to to use the expression of one who recently rac antly took a trip through alu ough portions of the mine hinline A recent bip big uncovering of dividend bearing in rock secured in tile old Creole woi kings in the Tm asure hill holdi ings the alie extent it is iro 1111 known but un tin who visited UK the level vl this eay ay i it will vill take ten 3 oars cars to ilig dig continued on pa page c five I 1 1 MINES AND MINING j i C 44 continued from page one out what as 46 now mow in sight land and ahil what is below and above and on cach side there if no doubt but what lie is ia right anti and then the tory is but half told mill mt 11 complete construction conetz duclion superintendent G W wood of tile the alinus ing company lias has completed his work ork at the ontario mill and tuesday last he gave a blowout in lonor of the event at tile wip loyes at oil cd and bidd a good taille ric bulted frank keysor Ke or head tur tor mr woodald Woo dand several of ilus his niec men left wednesday afternoon for other oilier fields of work the ontario mill ib ready for and the wheels will turn just is as soon as aa the long delayed als former arrives and is it is expected to day dav next if lit it does tire the litter latter patt pait pai t of the week will see file ina machinery chinery in motion nind a new epoch in the history of park city inaugurated that the new process will be successful is certain and that it will nielan moan a greater greal greditor gre aitor tw employment and greater activity for park city is naso certain after the jiggers what coiles las as a surprise and what will be received with a feeling of regret reg rot because it may be the hie cause of lawsuits M bind d cessation of certain work is the fact that the three big biff compan les the king daly west noticed lan land daly judge dave served notice on ill 1111 till I 1 alonz poison Poi creek that they must cdade M makin aling concentrates of the tailings from the mills no tim lias has lia s lieen been served rm on all oper abing plants on the creek and affects olms moore foore 11 hanson bros E J boags Bep gs chris anderson andersen grasselli chemical company coin pany and several others it is understood tant tile the jiggers will combine find fight it out in in the courts court if thie the object rf of file orcier is supposed to be for the burpoe nur vazie of allowing the tailings to tn bo be carried down to the big dam recently const constructed meted bv the three companies compani and the hhie prod products net utilized by them later laiter on A new master mechanic joe Kauff kauffman nian the well ivell known ind and dea deservedly popular master aster rn at art tile the daly west mini line lias has been beell succeeded by fred henry of salt lake much to the regret of every ever y employed formerly under sir mr K Kiani ffman hugh love the bookkeeper book kv keeper aper is ano also severed from his po posit sitti iiii there was trouble between tile two gentlemen roul resulting ting in ill tile the above I 1 change I 1 both of tho thoe thee e I 1 ent lemer are good citizens ond and cap 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