Show w Mining ining r Matters fetters For ForThe ForThe ForThe The Past Week eek CONTINUE CO UE TI THE TIlE EXCISE TAX X TAXAt At a recent meeting of or the th-e executive committee of the Great American Pros- Pros Prospectors Prospectors Prospectors Association the following resolution resolution tion thou was unanimously adopted Resolution t lou WHEREAS the excise tax tac of or four cents a no pound on Imports of or copper embodied in the revenue bill of 1932 and extension exten exten- extension extension sion thereof will expire by limitation Juno 1937 unless renewed by con con- congress congress congress gress and WHEREAS this tax has been very beneficial bene and has bas contributed materi materi- materially materially materially ally to the maintenance of or operations by bythe bythe bythe the copper industry of the United States which otherwise can not compete with foreign production on account of or low v foreign wages and standards of or living higher grade foreign ores enormous for for- foreign foreign foreign eign ore reserves and foreign production production tion of or copper as a product by and I WHEREAS protection of or the domestic copper Industry Is essential to the gen gen- general general general eral welfare of the United States and vital to many communities where it ar- ar af affords fords lords the only opportunity for employment employ employ- employment employment ment and is the only foundation for business THEREFORE BE IT RESOLVED that I The TIle Great American Prospectors Association Association Association tion hereby urgently request all mem mem- members bers hers of or the Senate and House of mem-I mem the Congress of or the tho United States to con con- continue continue continue the said excise tax on Imports of ot copper METALS AND LOCAL STOCKS THURSDAY Quite Quito an upswing both in metals and I stocks on the first day of or The Records Record's I week Lead touches 1000 on New York mar- mar marset market market I ket set copper sailed up to 1637 This is la lathe the highest price for lead since September Septem Septem- septem ber her 1929 Local settlement prices Lead copper 13 1365 65 I Stocks 59 Issues were traded in on the he Salt Lake Exchange Exchange iD 10 being local I Several new highs were reached Park Utah was the star performer performer- I shares exchanging hands 50 cents advance over previous sale sale and and Increase in two days Something is i evidently happening at this big proper proper- ty proper proper-I I reached 9 9 cents higher than han previous sale sale selling 55 and I New Quincy Q 13 up to Park City Consolidated sold as high as going u 34 and Park King 8 and 8 c. c I Park Konold 11 10 2 and lie Park Nelson 4 and I Park Premier 14 and Silver King Western 63 2500 FRIDAY I No change In price of or metals Another busy day on the Salt Lake some Exchange some 56 58 Issues being traded with In-with n with 9 local stocks changing hands Park Utah suffered a relapse relapse 50 50 I shares selling for I East Utah 2000 New Quincy 12 and lOc Park City Con 34 C. C Park King 1650 8 and Park Konold lie Park Nelson 5 and 5 C. C Park Pari Premier 14 up to Silver King Western 62 50 60 and 1200 El 65 bid 75 asked No sales SATURDAY Metals Metals Silver Sliver 4 44 lead cop cop- copper copper copper per 1365 zinc local local settlement prices Stocks generally a bit off today East Utah 1000 New Quincy lOc IDe Park City Con 35 and 34 Park King I Park Konold 1500 lie Park Premier 2200 16 and I Silver SlIver King Western GOc bid 62 ask ask- asked asked asked ed no sales offered bid no sales MONDAY No change In price of bar silver slIver lead copper 1465 zinc same as Satur Satur- Saturday day clay Stocks Quite a break In Tintic stocks Local stocks weak New Quincy lOc Park City Con 2550 34 and Park King 9 and 83 Park Konold 1750 12 and Park Nelson 1000 El Park Premier Q 17 down to Silver SlIver King Western Q 61 1100 COc TUESDAY Silver SlIver lead copper 1465 zinc Stocks two Sixty-two Issues were traded In on the Salt Lake Exchange A general downward trend prevailed Local stocks East Utah 1000 Q New Quincy 11 2 11 12 and lie 1 Ic Park City Con 33 33 3 and Park King 1000 Q 8 C. C Park Konold 2100 16 and Park Nelson 6 c. c Park Premier 16 16 and 17 c. c Silver SlIver King Western 1100 ej 61 and COc WEDNESDAY Metals Bar silver slIver 44 lead copper 14 1465 65 zinc Local stocks Park Premier was a winner today 2 eta Its neigh neigh- neighbors neighbors Jumping to up up i 21 i bors sors Park Konold and Park Nelson ad ad- advanced advanced advanced 2 and 2 z eta respectively res Evi Evi- Evidently Evidently Evidently dently development work Is contemplated ed soon Sates Sales Sal for today New Quincy 1500 1600 a 12 c. c Park City Con 33 and Park King Park Konold c 19 and Park Nelson 8 8 and Park Premier 2600 10 16 Vt up to 19 10 1 Park Utah c and Silver King Western G SHIPMENTS Park Utah Consolidated Park City Consolidated Silver r King Coalition con New Park Total 6 |