Show afla M at A aura t 5 1111 HITS ITIS THE MATTER dear mr air the matter with tha th old park U utah tah consolidated that they do not start up and reap some ot of the benefits of our present silver market with silver around 80 cents I 1 would think they could make some money are they waiting for it to reach before starting up or have the officers sold us old stockholders out in the interest of newer mines in which they are int interested crested in would certainly appreciate whatever information you may have in regard to park utah consolidated thanking you in advance I 1 am your reader D W G cincinnati ohio wish it were possible for the record to give you some encouraging information mr D W G but cannot we out this way have been wondering why 1 tor for many months past VII VISITS ITS THE ine PARK W P burns of scranton pennsylvania has been in utah for a week or two past and spent friday and saturday last in park city on matters pertaining to the star group of claims which the gentleman inherited from his uncle the late james burns EXPECTS TO BE SHIPPING ORE one BY JULY word from the flagstaff property this morning Is to the effect that good headway Is being made with the new shaft I 1 it I 1 Is s a two compartment shaft and it will not bo be long before it Is down to the point where the old shaft was lost the company expects to oe be shipping ore by july considerable low grade ore has been uncovered between the and levels that will run from 12 00 to 18 00 a ton which will net ft a profit at the present price of metals below the level a higher grade ore is known to exist that will market at 75 00 on an average and likely much higher those in charge of development are quite opi 1 ti as to the future ot of the property PARK CITY UTAH TO COMITE COMMENCE INCE SHIPPING ore shipments will be inaugurated by I 1 the park city utah i property just as soon as road conditions will permit which should be within the next few days it was announced monday by george W lam lambourne bourne president of the company to a deseret news reporter the park city utah Is located in the southeast section of the park city mining region adjoining the park utah consolidated soli dated the property is being developed from the star of utah tunnel the portal of which Is about two miles south vest from keetley the railroad terminal I 1 the ore will be transported by truck from the mine to keetley I 1 the company will not be committed to a definite shipping policy according to M mr r lambourne only ore mined during the course of development work through i out the winter and that mined in future devel development will be shipped he said considerable ore was stored during the winter months 1 ore was discovered at the park city utah last tall fall in a short crosscut if from om the star of utah tunnel the ore Is making in the wasatch fissure below the weber quartzite at a depth ot of about feet and carries gold values in addition i to 0 saher alner and lead US S SUMMIT COUNTY ORES ORE ON DISPLAY the summit county bees display of the minerals and earths of summit county grows steadily week by week we now have among the specimens now on display samples from the J S salmon gold copper claims on haydens fork 11 11 sulphur and earth from the J D birch claims on bear river elver gold ore r ot of the beaver creek mining company ra near car karnas kamas barite from the H ott holdings also near kamas from henefer we have samples of brick clay and kaolin we have specimens from the park utah and park city consolidated mines near bpark park city we have manganese iron pyrite slid and fossils one ot of the latter an I 1 oyster Is a perfect specimen and was fou found nd by ronald eonald smith richard clayton has donated fossils flints quartz feld spars and cal carlous carious concretions what ha have ve you in the way of summit county rare earths and minerals we want to work with you in putting our county on the map wo we have mineral resources to develop lets got get them before the people summit county bee VI THE SILVER KING CO general manager al J dalley dailey director james ivers and dr cole a stockholder holder of oklahoma came up from salt lake tuesday last and spent the day at the great silver king coalition property it Is a certainty the visitor after a brief trip through a small email portion of the ore reserves was convinced the property per ty in which he Is interested Is one of the biggest and best in w western america METALS AND STOCK SALES FOR WEEK FRIDAY silver continues to soar to new levels jumped 4 cents today to sic lead copper zinc silver king coalition sold for 1925 in new mew york and 1825 on salt lake exchange local sales for friday east utah 2500 ac NaIl driver 62 and park city con 0 56 and park kins king lc ilic park premier 7 and be park utah 50 silver king coalition 1825 1850 and 1825 park konold ac SATURDAY there was a reaction saturday from the rapid advance in the price of sliver silver and upswing in mining stocks saturdays salt lake telegram tells the story market favorites reacted under profit taking on the salt lake stock exchange saturday but losses were neither so numerous e ous nor so large as had been generally expected expected in view ot of the tact fact that prices had advanced sharply tor for tour four consecutive days and that the world price ot of sliver silver dropped from 81 to 76 cents silver king coalition dropped to 1750 75 cents below its closing price friday and 1 below its high for the movement tintic gintic standard dropped 75 cents to 8 70 the remainder ol of the list was firm I 1 with gains outnumbering losses eureka standard advanced from 89 cents to sl 61 chief consolidated from 88 98 cents to Nail driver from 71 cents to 75 north lily irom from 57 cents to 70 and lead from 20 cents to 40 park city consolidated opened at 54 64 cents off 1 I but recovered to 55 mountain city copper yielded 5 cell cents ts to 80 and walker 5 cents to except tot for silver king and standard these were the largest losses incurred among the twenty most active stocks on the new york stock exchange during the sensational flurry of silver last week were silver king coalition american Sm elting melting and refining and park utah silver king trading shares was up 63 6 american smelting smelling Sm elting and refining traded shares and was up park utah traded shares and was up 21 bar silver dropped as 4 cents saturday to 76 other metals same as friday pride Y I 1 saturdays Saturday 3 local sales east utah 2800 34 and sic Nail driver a 75 and new quincy 21 22 1 and se part park city con 0 54 and park king a 0 ic park premier 81 1 2 and ac silver xing king coalition 0 18 1787 1775 and 1750 silver king western e 5 56 band and MONDAY the U S treasury officials did nothing today in regard to silver newly mined sliver silver lemal ned at bar silver weak and 1 cent lower than saturday j no change in other metals mondays local sales new quincy V i and ac park city con 50 50 up to 53 and back to park konold be park premier a ti 7 and ac silver king coalition ep 1725 to 18 00 silver king western 1500 Q 5 50 and elc dic park king 1000 lc park utah 50 5 50 TUESDAY bar silver same as monday no change in other metals tuesdays sales east utah 3 31 3 and ac keystone R loc park city con 50 and park premier 2 2500 ac sliver silver king coalition 1750 silver king western 1200 I 1 new quincy 1000 er 30 THURSDAY silver today went down sc 34 ac to t no change in other metals local stocks lower silver king coalition falling off J cents to 16 25 park utah 75 cents to 4 75 park city con oft off 4 cents sliver king western 2 cents etc thursdays thursday sales hales new quincy 9 sic park city con 2250 a 46 and sc park utah 25 silver king coalition Q silver lung king western 1100 WEDNESDAY bar silver slid down of a cent to no change in other metals wednesdays local sales I 1 new quincy Q bac park city con 48 and silver king western i east utah 2000 a 0 bic 31 c park premier 1300 1100 ovi and ac I 1 silver king coalition SHIPMENTS park city consolidated park city development silver king coalition toti tot |