Show W V I 1 I 1 our W M ining hye eye F un on n park city momentous events have occurred the past ccok with president roosevelt startling the nation with vigorous action pertaining to monetary affairs of worldwide world wide importance courageous action and smashing of old foggy precedents has been the record of president roosevelt since since march ath last but the daring and master statesmanship statesman statesmanship shi p manifested the past week excels any act of his seven weeks administration and promises greater worldwide world wide beneficial results than ever attained by any previous president by his action the gold standard of the united states has been bean abandoned and bimetallism bi now apparently a near probability babi lity the unexpected but welcome action of the president thrilled the nation and particularly the western section thereof because it places silver as a world monetary metal in a most favorable situation the action caused the pries price of silver to advance to 35 cents per ounce the highest for three years past with an advance in price of lead copper and zinc the glad news of yesterday resulted in the most active session of the salt lake mining exchange in more than three years with a total shares of stock changing hands of a total value and all at a higher price than for years past tintic gintic standard advanced and local stocks silver king coalition advanced 85 cents to park utah advanced vanc ed to park city consolidated to 16 cents and others at increased prices the new york stock market re recorded cordea extreme gains on scores of stocks sales exceeding seven millions of dollars mining optimism is rampant in all mining states with utah mining men praising roosevelt and enthusiastically endorsing his latest action and predicting early mining activity and co complete in economic recovery it has been a long hard and discouraging fight forr for silver the past three or four years but from present indications the turn of the lane is in sight with the silver sun rising to dispel the clouds of depression unemployment loy ment and poverty with its rays of stabilized silver mining activity industrial advancement continued employment and old time prosperity and now with the coming change keep your mining eye on park city |