Show Ho Hoi i I oI I toM t Mining ining Matters M j I T 2 t I I I I 5 I ELECTRIC HOIST BEING INSTALLED Things are moving moving- along quite smoothly at the New Park An electric hoist bolst is being Installed In the second shaft to facilitate development DAM I LAKE KE GIVES ACCESS TO MINERAL I. REGION As the largest man-made man lake in ln the world backs up behind Boulder Dan Dam into the bad lands it is giving the pros pros- prospector prospector pros pros-I new and easy access to long long- hidden mineral treasures says the Salt Sail I Lake Mineral Survey There is territory now accessible that thai never has bas been prospected says R. R It G Knickerbocker who represents the United Uni Uni- United United ted States Bureau of Mines at Boulder City There have been thirty or forty 1 men prospecting around the lake since I last August Augusto Gold is the chief lure that Is 18 taking miners putting putt-putting over the new lake I but the region also contains copper lead silver sUver zinc borax gypsum salt and other minerals So far there have been nc no sensational strikes Most advanced of the new seagoing miners are O. O W. W Yates and associates On a barge christened the Queen Mary tary they are shipping gold ore from some old workings In Iceberg Canyon to Boulder City LOCAL STOCKS AND A AN D METALS THURSDAY Metals Salt Metals Salt Lake settlement prices Bar silver sUver lead copper zinc Local stocks Sluggish stocks Sluggish and lower in price New Park c 15 c. c Park City Consolidated fy COO 29 c. 29 c. c Silver Sliver King Western FRIDAY No change In price of metals Copper stocks like our local stocks slipped down a. a bit Five local stocks changed hands New Park c 15 15 c. c New Quincy 9 c. c Park City Con 1000 29 29 c. c Park Nelson 1000 21 Silver SUver King Western 2600 SATURDAY Metals Bar silver 41 lead copper cop cop- copper I per Slump In stocks generally with generally with only one local stock traded In New Park up l c lOO c-lOO selling for 16 1000 MONDAY Silver SUver unchanged Lead copper zinc Local stocks only stocks only one sale Park City Con TUESDAY I Metals salt Metals Salt Lake settlement prices prices- No change in price of silver lead I copper zinc I I In New York today tod the American Am Smelting Refining company reduced I Its price for domestic copper to 10 lO J cents a pound from 10 cents a pound The former price was posted on January I Nothing doing In local stocks stocks Park Park City Con being the only one traded in I 1000 selling for II WEDNESDAY Metals Salt Metals Salt Lake settlement se lement prices prices- copper lead zinc i New York dispatch of January says American Smelting Refining company com corn I pany announced Wednesday the second cut in the domestic smelter price of copper in the last two days The new price is 10 ya cents a pound compared with 10 cents previously The latter after a reduction price was set yesterday of Va of a cent The Th price is now back to the level prevailing January and wipes out three small advances Leading producers continued to quote the metal aj n a 11 cents as they have for some months month past The low for 38 1937 was 10 cents reached December 2nd and the high 17 11 cents on March General drop in state mining stocks Local I worse and more of It The only Silver SUver issue to attract a customer being King Western stern selling SHIPMENTS Park City Consolidated Park Utah Consolidated Silver King Coalition con New Park I Total 6 |