Show 5 sa is i i t i 1 mining matters kelii i STUDYING EASTERN AST AND SOUTHERN OP OF PARK CITY the tw two 0 or three weeks r since inc e alining engineer ch chas moore again t took oak up his residence 1 in t this his city the gentlemen gentleman has spent the greater portion ol of h his Is time stamping tiam ping ov over or the hills in the southern Ou thern and eastern section ol of this great mining district sunday last mr moore with a party of friends climbed to the top ot of bald mountain spending two or three hours cating in that vicinity he wit with h other mining men have made s several e ve r al t trips rips to the old flagstaff bon anza property and to a record reporter mr moore says that both he and companions pant are more and more impressed with th the e great mining possibilities ot of that section with every trip positive evidence have been discovered on these tramps that the great ore shoot in the old flagstaff Flaget did not pinch out at a depth ot of feet as some unfamiliar with the property and its early development have surmised investigation and study proves that the flagstaff Is one ot of the strongest and most persistent and one of the best mineralized fissures in the entire park city district it must le be remembered that when development work was being prosecuted away back in 1868 to 1872 the high bagh grade oro ore wa mined with a hand windless and a horse to raise the ore to the surface no other power was ever used in the course ot of development with modern modem machinery great indeed would be the probabilities of uncovering vast ore bodies in that now known section of rich ore pro fissures necessary capital Is all that Is required to get to the big ore bodies in this section of greatest mining district ARRA arrangements BEING PERFECTED TED 10 ORE BODIES IN STAR OF UTAH the record Is informed that the new ark management Is making arrangements to develop two ore bodies uncover tj while driving the long tunnel in the star istar of utah unit ot of the new park holdings before stai stalling ting this work however the new P park ark management Is confidently fi expecting to open up ore bodies in the mayflower section which appear from all present indications to be near the present mayflower tunnel headings THE NECESSITY SITY or OF MINING here are two reasons why the mining industry Is essential to this country first in it Is the greatest e employer m player taxpayer and purchaser of c commodities in several states and one of the greatest in many others second either in peace or war an adequate domestic supply of base metals Is vital to the economic life of any country it will be remembered that wars have been fought over metal resources efforts to bring back mining are genuinely in the public interest once the industry Is well started on the road to recovery it will aid all business all individuals divi duals industrial news review AMERICAN FLAG AGAIN IX IN OPERATION the park city development cc company which took over the american fla flag pr pro perty last december and which was burned out by a tire fire on july of 0 this year has again resumed operations A modern steel building has been erected on the ground including ore bins all ali the machinery has been replaced and now in operation cages run through close to the 1100 level and the shaft Is found in fairly good shape with the exception of clearing out the old cable which tell fell to the bottom alter after the tire fire j the company now has a much better plant than before the tire fire all the tire fire hazard has been removed with a steel building taking the place ot of the former frame structure just prior to the lire fire the development work was very satisfactory with fair showing of ore opening up in two headings on the 1100 level developing these showings win will be prosecuted with all lassie haste and good news may be looked for from rom the property at any time the company has secured the services of A S Wonder as superintendent ho has a wide mining experience a on different properties tor for the international smelting smelling Sm elting company STOCK SALES AND METALS FRIDAY stock exchange closed in observance ot of Columbus Day SATURDAY bar silver remains at SS ac c no change in other metals slight improvement in local stocks east utah 1000 C park city con 31 ac I 1 suver silver king coalition 1150 bid 1176 1175 asked no sales 1 Park Utah 3 35 bid 63 65 asked no sales Nan driver bid aldi asked no sales on new york exchange park utah 9 shares 3 50 silver king coalition 6 snares share a 12 MONDAY I 1 bar silver advanced in new york today 1 sending the price to 55 copper capper booc local settlement price 8 I 1 lead 3 60 zinc 3 80 the advance in price ol of copper cheered the hearts ct mining compan companies les next will be a material i advance in fix lead soon we hope then money lor for development will loosen up and great will be the mining activity in this district its coming just a bit more patience local sales on salt lake stock ex champ park city con 1850 a 32 and silver king western 43 and on new york exchange park utah 6 shares 63 3 BO 60 silver king coalition 6 shares a 12 and 1175 TUESDAY bar silver advanced another Vs 3 J of a 1 I cent today 65 55 copper 8 65 zinc 3 80 lead ead 3 60 local stock sales park city con 2200 park premier 1000 la ac silver long king western on new york exchange park utah 66 a 0 and 83 3 silver king coalition 7 12 00 WEDNESDAY bar silver moved downward 1 cent today back to 64 54 4 the good nevis neb of the day for metals WEB was that lead advanced 5 cents to 3 65 ft 6 pound the hope Is it will continue to advance copper on local market continues at 8 65 on eastern market elac 3 80 I 1 mining stocks advanced materially in number m aber on the salt bait lake stock exchange 23 issues changing hands fark city were only three of this number an all a bit higher park utah jumped up 55 cents to 84 4 05 shares changing hands at this thia figuro figure I 1 park city con cd 33 1 c sliver silver king western on new york exchange today park utah 35 shares a 4 00 and 37 1 siller king coalition 3 shares and 1175 THURSDAY bar silver slipped clipped another bac c today down to 53 other metals same as wednesday fi cp acl I 1 stock sales tew few and weaker IQ park utah 3 85 park city con 2000 33 vi arid and 1 SHIPMENTS park city consolidated I 1 r silver liver king coalition park city utah 4 total pu 1 |