Show record man mac visits star of utah lead advancing mining notes f for 0 r week shipments VISITED THE STAR or OF UTAH in company with superintendent john D F fisher sher a record reporter visited the star of 0 utah last monday afternoon it Is a trip woith while lor for any one financially interested in the property tor for th those se contemplating investment or even those only interested in the greatness and continued growth of our local min IL ing industry the only way to fully appreciate the extent ot of the property the work already done the plan ot development the ore showings in the tour four fissures cross in the driving ot of the now 1000 toot foot tunnel the present in the lace face ot of the tunnel the surface buildings and mining equipment the enthusiasm and confidence ot of the miners thedo the cooperation ot of the management and em aloyes the optimism ot of all concerned as to the future of 0 the property and the lessons Is to visit the property remaining a couple ot of hours or so and thereby convincing himself ot of the present ore showings and the ot of future development it Is a good automobile road to the property and reached in twenty to thirty minutes from this city on our way over teams were passed loaded with furniture tor for the new boarding and bunk house a carload or more being on the railroad spur at the park utah only two miles distant the mat fust surprise to greet the visitors Is this same new boarding and bunk house bouse it Is a structure teet feet with a dining room a bunk room to accommodate at least fifty both down stairs and upstairs up stairs equipped with every modern convenience and as solid and well built a s structure ruc ture as can be found in the entire district in addition to this there Is an office building with sleeping sl apartments for the superintendent and visitors with ample accommodations of evely character giving to the miners and boses bores all th cz ci of a horne home at the portal ot of the tunnel is the comp compressor room equipped with a 1010 10 10 compressor with 20 lb ib rails leading leadin to the face on which is run the th latest late t of mining cars a ten inch galvanized galvan ed sucker s C k pipe I 1 the entire length from the first step into the tunnel one is impressed with the good mansi alp of its construction conati action all the work done and material used is first class and and placed by skilled miners and engineers the 01 ale e bearing fissures that have been cut during the driving of the 1900 feet Is prominent and the wonder Is expressed that the management could continue contentedly on without determining their leate extent t and richness this Is easily understood ders der stood t however when the great objective ahead Is explained where known permanent ore bodies will be penetrated and developed and which will put the star of bf utah in the same class as the big dividend paying producers of the district these there ore bodies are to x 4 feet ahead but are being brought near ilear er every ever day by three to seven feet the no 2 fissure some 1200 teet feet from the portal of the tunnel is considered the most promising and it Is quite likely that within the next month another shift will be put on to develop it and in W all probability regular shipments will commence and a large pay body opened up but this will be only a secondary consideration and the main tunnel to the west sest will be driven ahead with all possible speed por for the last fousteen fou iteen feet or so a strong mineral izat tork has developed alth A ith streaks of quartz coming in and Is getting tin stronger with every shift the belief Is the contact is being reached arid and both mr air fisher and mr bell Is of the opinion that when shen the contact Is reached that ore will be uncovered and likely in commercial quantities the entire tunnel Is good Is look at with its good oad ore ore showings its good workmanship and its enthusiastic workmen when standing on the dump which Is growing in dimensions dally daily and looking directly west the eastern holdings 0 ot th the company can be easily traced you sr are looking at bald mountain tor for which the long tunnel is headed on the east bide ot of which the holdings extend to the driver lines and including the many properties that have developed in the past but lacked the depth to put them in the steady producing class the tunnel of the star ot of utah Is being driven irom from the cast side bide to acquire this depth and to tap the water courses which have caused vast expense and prevented development on this side it is known the ore Is there and the star of utah will get it I 1 it la Is not generally known that the greater part of the holdings of the company are in summit county and the west end of same wherein the big ore bodies are expected to be uncovered Is only a mile and a halt half irom from the welsh driscoll bucks store the ot of the tunnel is two miles from the park utah to al railroad facilities with a good road tor for transportation of ore and supplies the year round A big property three miles from the east east end to the west averaging one mile north and south and e embracing ambrach g nearly 1200 acres of mineral beating bearing ground Is the star ot of uta utah with capable experienced management and amply financed anat more Is wanted to induce investment there are two men on the pay roll of the star of utah who are so confident of the property becoming a big dividend acing aying producer that they are practically taking all their pay in stock these gentlemen are thomas bell and william vi thick two experienced and long time miners ol of park city mr me bell lias has done all the tunnel work 1600 1900 feet by contract and says bays ho he will conil continue nue to do so until the tunnel penetrates the ore reserves on the west end holdings which he Is as certain of cutting as he Is that be Is alive mr r 1 has worked in several ot of the properties now comprising the star of utah roup group as well as adjacent producing pro bertles pert artles ert les and with him it Is no guess weak walk but ut a certainty that the tunnel he Is now driving Is headed lor for immense ore reserves and consequent filches for him hence his bis confidence and eagerness to acqulia more and more stock ot of the company the same feeling prevails with mr tre he worked with mr fisher in the Nail driver which adjoins the star ot of utah on oil the west and knows the trend of the ore bodies in that property he was working in the face ot of the wabash now a part of the star ot of utah holdings when the rich ore body was uncovered and abandoned because ot of the immense low ilow ot of water that came in with the cut ting ing of the ore so he has the same sam e con fi dence as mr bell and Is con contentedly t working acquiring stock and certain of 0 future gratifying results and with theother miners and workmen men this optimism prevails and with superintendent fisher as daddy the star of utah force are as on one e contented amaly working harmoniously each doing his full share to push along the bore that will eventually reveal the hidden wealth of the mountains LEAD i another 15 points was marked up for lead today when the american smelting smelling Sm elting refining company advanced the price of the gray metal from 6 60 to cents pel pound KIND HORDS IOK FOR STIR STAR OF UTAH davenporte davenports Daten Daven ports digest of denver colo rado in its last issue has the following to say of the star of utah this begins to look like one of the biggest and most promising development enterprises brought out during the last twenty or thirty years it Is stated on good authority that star of utah has already d y 0 opened up at least tour four ore bearen bearing fissures u re with two crews driving straight ahead night and day on the big star of utah tunnel to the main objective chas moore has bas announced that he will put an extra e tr a crew to work immediately to develop ore already discovered this ore can bo be mined at a comparatively low cost transferred to ane railway a short distance away at around 75 cents per ton and shipped direct to the smelter at less than 1 per ton it Is stated that star ot of utah never will have to build a mill as the ore when the mine Is fully developed probably wilt will be transported by aerial tram to the railway ald go hence direct to the smelter at a low handling cost we believe star of utah wui will be on a 0 substantial production basis bals in a short time now it la is well to remember that park city ore usually runs around a few dollars up to OR off MORE in net profits and when the star of utah starts to shipping or or tons ol of ore per day the company will be in a po position al to cash quarterly we believe star of utah will be on a substantial production basis in the early fall torre Is ore in sight which can bo be mined without further delay the company is reported to be practically financed by some it Is 9 claimed that star of utah in due course of 0 time will take its place among the million dollar per bear producers of the palk paik city district chas moore himself states that recent developments have in his opinion more than doubled the actual value of the stock it IG is well to remember that the park city mining district has a production record ot of around and that park city mines have paid around 60 00 in cash dividends during the last fifty years star of utah mining company Is not a little one horse one man mining promotion we consider it a big development enterprise having all of the factors necessary tor for great success the highly efficient manner in which the management has carried on its operations makes this enterprise look better than ever before the main objective of the star of utah tunnel is the great hawkeye mchenry ore dyke or system of ore veins sometimes cal called 1 ed the park utah system of ore veins fro from m which park utah consolidated Is now taking millions of dollars worth of ore this ore was opened up some twenty years ago but was vas lost because the owners of the ground now part of the star of utah holdings were drowned out after they made their discovery there need be no tear fear ot of a repetition of water trouble for the simple reason that the star of utah mining company is driving a drain draft tuno I to cut this ore at a depth of around 2000 feet and water will drain from the mine by gravity there are many reasons why davenport and company has recommended star of utah highly one of the first reasons is because the reputation of chas moore as a conservative and successful mining operator assures every stockholder not only of an honest administration but a wonderful run for his money chas moore has been established tor for a quarter of a century at park city utah mr john D fisher superintendent of the mine has had about forty years practical mining experience chiefly in the park city mining district an eminent mining engineer Is one of the directors big mining men are among the stockholders WILL ADVANCE IN PRICE in a statement given to the press president charles moore of the star of utah says no orders for star of utah stock at per share will be accepted it if mailed later than midnight september hundreds of people who know us and who have known us for twenty years or twenty five or thirty years know that oui ou wol woid d Is just as good as a mill million ion dollar gold bond and they know that when we say september ast 1st we do not mean september 2nd and or september 3rd ard awill after september star sar of utah stock will bo be or per share why increase the price of the stock there are nineteen good reasons but the principal reason Is because we think and every person who has made a thorough c investigation 0 or of star of utah right on the ho spot thinks the stock Is well w worth alfew 0 rth twice as much as it was worth just a cw months ago we announced a few months agothar ago that we bad sold one hundred thousand shares ot of star of utah stock at 75 cents a share last tall fall and that we would sell one hundred thousand shares more at a share this summer the one hundred thousand and shares at per share are almost gone and we have been forced to change our plans and announce that we will sell one hundred fifty thousand shares this summer at a share instead ot of one hundred th thousand shares at per share this has been done so that about one hundred afy people who have been intending I 1 to get it on the a share stock and who have been doing their utmost to arrange their finances to get in on the stock will not be let left tout LOUt tn in the cold another in hundred andred fifty arty thousand shares shares will be sold this fall all at or 1 60 a share this will make a total 0 ot f shares five hundred thousand shousan d shares all told and wo we think with the which we are putting 6 in ourselves this well bo be sufficient to amply finance star of utah 1 star of utah Is a big thing a tremendous undertaking and it will require time and money to bring it to a big dividend basis I 1 2 when star of utah Is on a big producing basis and on a big dividend basis it surely ought to do as well as several other mines at park city are doing and have done that Is s it ought to PRY pay something like one million dollars a year in dividends for the next or thirty or forty years 3 oh hol hoi the above paragraph sounds like drawing the long bow does it well come out to park city and investigate investigate for several days you will be astonished you will be amazed 4 park city mines are paying about one million dollars a year each in dividends and they have been doing this tor for a long long time in tact fact for ten years and twenty years and thirty years and so forth and now these same mines are going stronger than ever MINING INDUSTRY AGAIN LOOKING UP BAD SLUMP after a rather disappointing six months in the metal mining industry during the first half year due to the lower metal alices pi ices the upward turn ot of lead and coppel during the past week has resulted in au an entirely different outlook for the remainder of the year says H B in the deseret news mining circles are now rife with speculation as to how far the advance will continue and operators are greatly relieved to see ree some readjustment while utah companies have maintained their usual high rate of dividends throughout the depression in some I 1 instances n it has been necessary to break into their reserves when the slump in the metal market set in principally in lead low grade producers throughout the west were forced to close down and the larger companies voluntarily retarded production in order to offset the slump this resulted in much unemployment throughout mining districts and brought on general unsatisfactory conditions already a sharp contrast to this situation can ho be seen reen both in mining earn camps ps and on the stock market prices of the silver bliver lead issues responded immediately in with the upturn of the gray metal and some increase was noted in production of mines of 0 the bingham and gintic tintic districts during the past week while park city production was slightly lower than the previous week generally new life has been installed in the industry preliminary WORK FOR resumption OF operations I 1 engineering work preparatory V to opening the park city property of the park bingham mining company is now under way according to F P E porter manager of the company mr porter took advantage of his first opportunity last week end and accompanied by his son made an inspection of the park city unit and examining conditions in adjoining mines says tuesdays deseret news he went through the park galena property which adjoins the park bingham on the west and which Is mining considerable sid erable tonnage from a fissure that traverses tra erses both properties owing to the great showing that the park galena has exposed at a depth of teet feet teet feet below their |