Show raise braise of wages posted at king mining matters notices were posted today to d y a at t the silver king coalition 0 giving t the P pleasing leasing information th that t a raise of 50 cents a day tor for all employed emp loyes would go into effect on september this heartening news combined with the good news of new ore strikes and more men being employed gives promise ol of a great future tor for good old parte park city the record confidently slid and smilingly reiterates elte rates t 1 KEEP YOUR MINING EYE ON PARK r CITY DISTRICT AMERICAN AINIE RICAN FLAG TO RESUME operations IN EARLY SEPTEMBER work of rebuilding the plant of the park city development company at the tha american america flag property of this city I 1 Is progressing rapidly and production will be ba resu resumed in ed by september irth A L hurley president of the company informed the mining editor of toe the deseret news this week the plant was destroyed in a tire fire which wept swept a the property last month resulting la in a loss estimated at some of the equipment Is being salvaged and I 1 Is being repaired A steel building has been been purchased and will be ba moved on the property to house the machinery and two new 1400 foot cables have been ordered for the double compartment part ment shaft the motors have been sent to salt lake city and are being rewound and the compressor and gallows frame are under repair the 80 foot gallows frame was not badly damaged in the tire fire the 1100 foot shaft was only damaged at the collar and has already been repaired cages and ore bins are now being rebuilt mr hurley Is anxious to resume work as the campaign of operations was entering its most interesting stage when the fire occurred he reports that a good shoot of ore was opened in a raise from 1100 foot level and that a drift being extended southwesterly from the main 1100 level was beginning to make ore in the face when the tire fire caused cessation of operations both these operations are in virgin territory and mr hurley Is of the opinion that two entirely new fissures assures have been developed the raise carries high values in gold and sliver silver while the showing encountered in the drift on the level Is a sulphide carrying high lead values THET MINING FAIRLY in connection with ith the nope hope for an early min mining I 1 ng revival it should be constantly kept in mind that fair legislative t treatment adment Is essential to mining recovery reasonable regulatory laws and reasonable taxes can be great aids to bringing it back oppress oppressive lve laws and onerous taxation can keep it in the doldrums says the industrial review the mining states should give every e effort to helping the mines in the interest of employment industrial development and the general welfare N X A VISITS i PARK N A dunyon president and general manager of the park standard a promising prospect in the eastern section of this district was in the park tuesday the tha gentleman reports that development work Is being pushed ahead steadily and while no ore bodies have as yet been uncovered conditions continue decidedly promising and Is confident that the standard will eventually be listed among the producers of the camp FORCE INCREASED AT PARK CITY UTAH reports from the park city utah today Is that the ore is still holding out strong and drifting Is going forward in ark an ea sterly easterly direction with a considerably bly increased force STOCKS AND METALS NIETA Iq FRIDAY bar silver 49 aj other metals no change park city consolidated only local stock traded SATURDAY no change in silver or other metal quotations only two park city issues traded in on salt lake exchange east utah 1500 ac park city con 1100 29 slid and MONDAY no change in price of any of the metals tal s S silver ilver king western gained five ave points t to 0 50 cents c e n ts 0 on n a t trade rade of SO 50 shares silver v er K king i n g C coalition 0 a lit lo 10 n was off 1 50 shares selling at 1050 park city consolidated soli dated was weak wea 1300 shores shares selling at 29 and and east utah 2000 avic TUESDAY bar silver on new york market continues at 49 government price and lead copper zinc local stocks are lumpy a on salt lake exchange only sales tuesday were 1400 of park city con and east utah 1000 avic 3 vac silver king coalition 10 73 bid 1175 asked no sales silver king western 45 bid 47 asked no sales park utah bid 4 00 asked no sales Nall driver continues at told bid asked with no sales with silver higher than tor for ave years past mining activity in this district so far as the stock market Is concerned particularly is at a lower ebb than when silver was around 23 25 to 30 cents likely it Is a calm before the storm WEDNESDAY the me same story as tuesday with the metal market no ch change ange local stocks weak Nall driver tor for the first time in many months came to light with a sale of shares at 35 cents the only other sale sala being 1100 of park city consolidated 0 THURSDAY no change in price of metals on the tha stock exchange Nail driver was an active stock tock shares changing hands bands at 1 pork park city con silver king coalition 10 1125 I 1 SHIPMENTS park city consolidated silver king coalition total |