Show 0 MIT iri at e t it re r s STOCK SALES FOR WEEK FRIDAY new quincy at 27 and three kings 1000 at 12 and 12 c SATURDAY new quincy at 29 and three rings kings 2300 fit at 14 MONDAY new quincy it at 29 and three 12 kings LIngs 1500 at 14 c TUESDAY new quincy at 27 and three kings at WEDNESDAY now new quincy at silver king Co coalition Coalt altion lon 40 at 7 80 three rings kings at 15 and 14 c new quincy 2500 at 26 and 26 ac c three kings at VISITED lisiten THC PIRK PARK STANDARD N A dunyon was over ovel to the park standard yesterday and found work pro bresing very satisfactory with conditions about the tee same as when he anade his last visit the face of the workings continues in iron pyrites and manganese which in mr Dun opinion Is indica indicative ot of ore in close proximity the gentleman Is confident of cutting ore in the near future STEADILY progressing mine manager J D fisher ol of the star ot of utah was over from that property yesterday and while be had no news ot of importance to glie give out tor for publication he be was as enthusiastic as ever and with a knowing smile assured the record reporter that work was steadily progress ing toward the sought for goal and that conditions generally could not be better lor for ore and immense bodies of it with plainly convulsive evidence of various sorts that the star of utah Is destined to be one of the big producers ot of the district within the next two deais with regular ore shipments ship shipments lents from the property long before that time ime I 1 THE PARK GALLENA GALENA at this property work Is still being centered upon for the starting up of the mill which Is expected to be completed within the next week or t two w a because of this work ore production product t ion Is curtailed with enough being extracted tr however to pay expenses one hundred end forty tons were marketed tho the past week IX DIJ since 1888 1868 the metal mines of utah have produced about two billion dollars of wealth in that time 80 companies in fifteen districts have paid a total tota ol of in dividends STILL FOLLOWING ING THE FISSURE jerry lenihan was 0 over ver from the was wai atcy copperopolis tuesday of this week and reports conditions very favorable mr Ler lenahan ilhan says he be was not blind when he be first went over to at that property I 1 it t was he who found tho the fissure assure which he Is sure cure will eventually lead to ore and a big body of it about feet has bas already been driven on this well de fined fissure and present indications are very promising to the management the Is located in the southeast section of this district not lar far from the old valeo property and consists ot of thirteen claims LEAD PRICE strengthens the long looked for reaction in the price ot of lead finally got under way when the gray metal was bid up 10 points to a pound on the new york market the move will be greeted with enthus aissin throughout western mining districts which have been hit unusually harbby hardy by the slump during the past few months rainea mines of utah have curtailed pi and in a number of instances have been forced to lay off miners hence bence encouraging development will relieve a great deal of uncertainty DI PICO IN METALS it Is something of a novelty to be bable able to improvement in all of the malor major nonferrous metal markets at the tame bame time says the engineering and mining journal press this can be done today the last week has been active particularly in copper zinc and lead consumers have bought tin in good volume china and india both have bought silver and without exception prices lor for each cach of 0 these metals are higher than a week ago antimony quicksilver and platinum continue dull with little change in price copper has continued its upward course begun three weeks ago with a further increase in the volume of business which was the best for seven weeks last thursday little metal remained adall available at concessions from 12 5 ac in the east and a good tonnage was sold in the middle west at 12 3 ac friday was particularly active at 12 delivered in the east and on saturday the bulk built ot of a good business was done at 12 3 ac in the east this continued contina a d on monday and on tuesday nothing was available under 12 3 ac and sales were made at 12 7 ac some of the metal being for connecticut delivery prices haie aft ie ranged from 1280 12 7 80 with the higher level apparently well established this afternoon the attitude of sellers Is very different from that displayed on former occasions this year when the market has started upwards they seem confident that buyers are in need of metal tor for jarly arly requirements end and in this view they are supported b by y the tact fact that the great bulk of the recent business has been for august delivery some sellers have declined to take business for october at current levels although the june statistics fall to reveal any decline in the rate of world production the leading producers seem confident that curtailment still will v all prove to be more than a gesture one factor in the strength of the domestic market Is the unusually active buying abroad done during the last wees week at a fixed price of a 1 t f germany Is the outstanding customer but prance france and great britain have participated standard copper has advanced sharply in london average for week on copper 12 zinc at the london zinc market as in the case of copper and lead has stiffened during the week end buying in the domestic market has be been active with prices advancing from zy day Z to day part of the buying wi was of a speculative character but gali and brass manufacturers also bought quotations for high grade zinc tor for prompt delivery in new york continue nominally at ac per pound average today the american smelting smelling Sm elting refining co advanced its contract price tor for new york lead from 6 20 6 30 following a week of excellent business in the local market and an advance of almost a pound sterling in the london quotations this Is perhaps the best news that has developed for lead producers since the last advance by the smelting smelling sm elting company which was made maddon on march 3 and which brought the tha price of lead up to since then the course of the market has been downward early in june there was a period of heavy buying but the smelting smelling sm elting companas comp anys price was not advanced tor for as was plainly evident a few days later the strength was only a flash in the pan it Is encouraging to find that the smelting smelling sm elting company considers the present market sufficiently sound to warrant a price advance as these changes are wont to start or continue a long term trend practically all producers who have been free sellers have had an unusually active week especially those producing in the middle west deliveries for july and august will draw on surplus stock accumulated at higher prices so 80 sellers are not anxious to book very much more than current production at present levels most of the demand has been for prompt shipment though august has also been ir largo large d demand amand some inquiries have been made for september but producers are not anxious to sell so far forward and ir some instances have quoted small premiums with the advance in lon I 1 1 don mexican ore lead will continue to go I 1 abroad though some people believe the early tall fall demand will be sufficient to absorb it on this side temporarily re ee I 1 cent production figures indicate that united states and mexico output Is at approximately as high a rate as ever and show no cause tor for any tear fear of a lead scarcity there was a reduction of about tons in the stocks of refined lead at the end of 0 june but when the figures f or I 1 lead ea d in ore matter and base bullion are ser ro issued it Is believed ta that this decrease or will be fully up to june jum expectations k THE KONOLD PROPERTY the ronald property properly part of the park nelson Is being worked with satisfying results to the promoters oters it is the intention to install machinery in the near future and to push developments on a much larger scale than at present SHIPMENTS park utah consolidated silver king coalition ontario park galena 2 total 1 |