Show 7 M aki A H 1 M I 1 t I 1 mining matters batters J i M l I S MW 4 4 Z 4 DRILLING RES OTrED AT THE M the compressor room shop tarn barn etc recently destroyed by fire at tho the mayflower tunnel unit of the new park mining company have been reb rebuilt lit and returned ned yesterday drilling was resumed in the faco face of the tunnel under the capable capable supervision of superintendent wm arn gay work rill be pushed as fast as possible and it Is confidently expected that within the next feet the objective the old paik fissure assure will be cut when worthwhile news should be forthcoming to the stockholders I 1 CLEANING UP COMMENCED AT THE AMERICAN FLAG A force of men were put to work this morning cleaning up the ruins of the recent regrettable reg retable tire fire at the american flag g property preparatory to the rebuilding of the hoist etc an effort was made this morning to get in touch with mr air hurley to learn future plans but without success GOLDEN HEAD MEETING A special meeting of the stockholders of the golden head mining company Is called for tuesday august alth at the office of the secretary miss mercedes kilkenny 18 south second east street salt bait lake city the meeting Is called to elect five directors and to transact important business expected to come coma tip tor for discussion 1 the golden head Is a group of patented claims adjoining the lucky bill and J 1 I C on the north and bonanza consolidated soli dated on the south and boulder basin 01 on the cast over in snake creek district the group was owned principally by the late hugh kilkenny and always considered valuable property MINING ACTIVITY increasing the englewood colored monitor 1 observes that mining Is g in that state and that ruxpy hundreds more miners are at work than in a number of years past other states are beginning to report al similar milar activity any upturn in mining stimulates employment and purchasing power generally and Is a great the public IN OREGON tho the following was clipped irom from the mining alining journal of los angeles of recent date ray of park city utah and maurese mcgrath of salt lake city have been at the imperial eagle mining com banys property in the cable coveris erict 11 miles northwest of sumpter oregon making examinations their work relates to the establishing of a small pilot mill on the property tor for treating refractory I 1 gold ores mcgrath III make headquarters at the mind arzeno is manager of the sumpter office nofri ca ot of the company LETS HOPE A DECISION ION WILL SOON BE REACHED the me park utah consolidated mines company has made arrangements to furnish heber valley farmers with six second feet of water says the los angeles mining journal the water Is being pumped from below the ontario drainage and transportation tunnel by the use of air lifts the mine has been closed down and the pumps were pulled early in 1931 allowing the area below the drainage tunnel to fill with water lower workings go down 1800 feet but it Is not anticipated that it will be necessary to to great depth tor for six second feet the property one of largest sliver silver producers in normal times has been kept in good repair both below i and above tunnel level everything lg is in shape to resume production without delay 1 whenever a decision to that effect Is reached ORE UNCOVERED IN LAKE FLAT SECTION superintendent paul H hunt reports that a good showing of silver ore was uncovered wednesday in the property owned by the park utah people in the lako lake plat flat district on which prospect work has been done for some months past the present showing Is very encouraging cou raging and Is deemed quite important by the management the work Is being done in virgin territory east of the old ontario workings there may be good news tor for our next issue production DOUBLED AT PARK CITY consolidated PAST WEEK conditions at the park city consolidated are improving every day notwithstanding the inactivity of the stock on the salt lake exchange from the new a tion cut on the level a drift has haa run tor for large of ore opened and as a result the production tor for the past week was more than doubled and the management Is certain the 9 ore bodies will continue to increase both in magnitude and value STOCK SALES ANI AND METALS FRIDAY the week started out with a drop in bar silver of a 1 of 0 cent to 45 lead copper 8 65 zinc 4 30 local sales bales east utah sc park city con 2300 0 park utah 0 a 82 62 75 silver king coalition 5 Q 1075 SATURDAY bar silver same as friday 46 other metals same also sales east utah 2000 en a ac park city con 25 and silver king coalition SHOO 11 00 silver king western 40 down to MONDAY no change in price ot of bar silver 45 lead copper zinc sales park city con 1000 0 24 and east utah 2000 ac howell 2000 0 lc ic TUESDAY bar silver took a upward trend of 31 a 0 ol 01 f a cent isy no change in other metals sales silver king western Is on the down slide of the trading a new low 0 of f 35 cents on a share transfer silver king coalition 1100 park city con 1600 25 and 25 c WEDNESDAY bar silver gained of a cent to 46 no change in other metals sales keystone 0 loc park city con 1300 silver king western 0 THURSDAY bar silver went up another va 4 of a cent today to 46 lead 3 81 copper 8 65 zinc 4 30 local sales limited to two stocks east utah 1000 ac park premier 2000 Vs 4 and ac SHIPMENTS park city consolidated silver king coalition total |