Show mining bmw betters detters det HOLDS GAINS in the last week the silver market has fluctuated within very narrow limits but at a somewhat higher level than obtained during the early part ot of this month selling has been mainly tor for china account although india has continued to be a moderate buyer mexican dollars doll old mexican pesos apesos july 21 and 22 42 78 7 8 cents 23 and 25 43 cents 26 42 78 7 8 cents average price ot of silver fo tor r the week cents ACTIVE LEAD BUYING As generally happens when the lead market turns upward after a protracted decline buyers suddenly discovered that they were in dire need ot of large tonnages ton nages ot of the metal last thursday and friday and the following monday lead sellers were swamped with inquiries so far as they felt that regular customers were in actual need their requirements were met by selling agencies but the agencies declined to hand out unlimited quantities the man who asked tor for 1000 tons has to be content with or and smaller inquiries were pared in proportion nevertheless erth ert helesa eless the total volume of 0 sales was very large with selling in the west probably more active than in the east the american smelting smelling Sm elting and refining company faced with premium business in the buus outside de market raised its contract price tor for new york lead twice from cents to cents on july and to 6 60 50 cents on july GALENA ORE AT PARK KING ICING word received at this office yesterday W was as to the effect that a good showing ot of galens galena ore had been uncovered at the park king manager newton dunyon confirmed this report and so encouraging is the present outlook of the property that another shift will be put to work at once mr dunyon will come out from sat salt lake sunday to visit that property and also the park standard of which aich he is also manager KING consolidated AGAIN ASSESSED assessment no 25 of five cents per share on the capital stock of the silver king consolidated mining company was levied by the board of directors on july 20 1927 payable immediately to the sec detary of the company the stock will be delinquent on august and sales day will be on september THE PARK STANDARD while no pay ore has been cut at the park standard conditions are steadily improving and workmen at the property are confident that encouraging news for the stockholders will soon be forthcoming TUE THE SPHINX manager guy mckay was over from the sphinx property this week and informed the record that work of development had nou noc yet commenced road building icing being still in progress over which C h mi aln ing ng equipment will be hauled its arrival Is e expected in the near future AT TUB THE PARK GALENA because of a cloud burst over in the park galena section the road to that property was bulte q U i t e badly damaged which affected ore shipments h 1 P m en t to the loading station only seventy tons were marketed the past week the mill Is now rapidly nearing completion and the ore showing in the mine Is 13 both increasing and improving as development progresses AT THE STAR STAB OF UTAH work is going forward with all possible speed in the long tunnel of the star of utah with conditions highly satisfactory is to mine manager 3 D fisher all the surface improvements at the mine are completed nd and as a side issue sinking on oner one or more of the fissures cut in driving the tunnel will soon be commenced all who visit the property ore are elated at the great possibilities and do not hesitate to declare that the star of utah Is certain to be among the big producers ot of this district when the objective 0 is reached A big proposition with wonderful opportunities Is the star of utah LOCAL STOCK SALES FOR FOB WEEK FRIDAY new quincy at 27 and three kings 1000 at SATURDAY new quincy at park utah at sliver silver king coalition at and three kings at liy 1411 and TUESDAY new quincy at 30 and sliver silver king coalition at 68 25 and ea 20 three kings 2000 at WEDNESDAY N new C w Q quincy 1 00 a at t 2 28 8 and 27 c silver king coalition at park utah at and three kings at 15 and THURSDAY new quincy at 27 and ac silver king coalition at three kings 1000 at wi c SHIPMENTS park utah consolidated sliver king coalition ontario park galena total 1 |