Show A i ik i M k I i 4 4 1 4 i I 1 mining matters I ak 44 14 4 V iia ia I mik 1 1 chas moore left wednesday morning 11 tor a short visit with ills his home folks at grass valley california mr moore beloro before leaving stated that work a at t the flagstaff the property recently leased from the new park mining alining company was going on in a very satisfactory manner and that before long ore will be encountered n in paying quantities I 1 AT tire THE PARK CITY cirr 1 development general manager A L hurley reports conditions at his property are arc moie than encouraging ore conditions are improving dally daily and ere long according to mr air hurley ness of importance will be given the stockholders three bundled sixty thousand pounds of ore wag vas shipped by this company last week KING TAX RETURN the silver king coalition mines corni comi pany in tiling filing their annual tax return for 1934 show a moderate improvement in mining conditions over 1933 the report fol follows loAs silver king coalition mines company reports gross receipts operating costs net proceeds taxing base compa compared redl with in 1933 SALT like MINING MEN AIEN GO TO ANEW EW YORK george W lambourne president of park utah consolidated mines company compan y and of park city utah mines company and paul H hunt mine manager tor for the two companies left saturday night for new york city to seek information regarding prospects for improvement in tho the lead and zinc markets they will confer with nith officials of the lead industrial association of which mr latt lambourne Is a director and with officials of the american zinc institute mr La lambourne and mr hunt plan also to visit washington to observe pro I 1 ce edings in congress park utah mine has been a heavy producer of lead in the past and mr lem lam I 1 bourne says operations will be resumed as soon as industrial recovery brings about an increase in metal prices fri i days salt lake telegram NEW PARK 1 MINING tho the new park mining company one ol of the leading new properties on the east side the following circulars to their stockholders this week tho the engineering and mining journal the leading mining magazine of this country published in new york city by mcgraw hlll hill co in the march number gives the following news ot of especial interest to you and reflects the increase ing ng interest of the mining industry in the east park city districts development and the favorable position of the new park property in the opening up 0 gold and silver ore bodies in this area the valeo mine to the south ot of new parks property several years ago and now the park city utah to the north have struck bpark k 0 borss of unusually high gold values and this fact M makes akes this part ot of the palk paik city district particularly prominent at this time hen gold and silver lees ices are profitable pi attention in the east park city district Is centered on the development ol of the wasatch limestone belo below w tile the weber quartzite park city utah innings ope opening rl this horizon up ot of on ore body in has stimulated new interest in the pos of this formation at present park city utah mining Is shipping ole oie from development that carries a quantity occur occurrence rence in the ot of gold a unique illas which has been history ot of this camp famous in the past tor for its production of and raisin raising are lead and silver drifting done on the ore body tor for the purpose being about its size pose ot of finding out more strike and property new park adjoining this I 1 raising to pros mining is drifting and the contact of 0 the wasatch lime pact stone and the weber quart quartzite zite already in three places at points era am 0 opened up apol ft istance distance ot of two miles geologic b bracing tunnel are ale conditions in the mayflower reported to be similar to those surrounding the deposit struck in t the he park city utah mining alining property in a drift from the star of 0 utah tunnel the placed recently new park mining under bond claims marsac and epperson and lease to park city development moore has a crew of 0 miners charles opening up the old worl workings aings in the flagstaff group ol of claims of new park mining milling 1 STOCK SALES ALES AND METALS FRIDAY nationalized SO lc newly aln all n ed ad silver lead 3 55 pound copper 8 65 pound bar silver up c to changed hands only two local stocks today park city con park utah sa 2 50 SATURDAY no change in metal prices price a sto stock k issued on not a single park city salt lake exchange MONDAY bar silver hit a six year or high today an advance 0 I 1 cent over ver satur day ay other metals unchanged |