Show Mining Stock Matters Sales For Past Week ZINC XING PRICE ADVANCES The price of or zinc was advanced ad yes yes- yesterday cs from to East St St. Louis Tho recent demand for tor the metal was vas the cause of ot the raise the tho first since November 29 29 1938 1038 OBJECTIVE C O NEAR lt AT HOWELL MINE l The Howell Rowell Mining company reports that It Is within about 25 feet teet of Its objective In the raise It has been driving from tho main tunnel level at ot Its pro- pro property property property perty In the Cardiff fork of Big Cot Cot- Cottonwood Cottonwood canyon When completed the raise will bo be beabout about feet company officials esti esti- mate It was started In an effort to contact the Cardiff where tho the company expects to find commercial ore K F. F Buck president and director In charge of operations at the property was In Salt Lake City a 0 few days ago and ond reported to John C. C Baglin secre secre- treasurer tary that Is showing in the heading of the raise and that Indications look promising salt Salt Lake Telegram PARK STANDARD STA DARD I ASSESSED Notice was given this week that tha an assessment of quarter one-quarter cent a share had been assessed against all outstanding outstandIng outstanding ing shares of the Park Standard Mining company The delinquent date Is August I and the tho sales day Is October 23 i 1939 I i I The following statement was also Is- Is Issued Issued issued sued by the company officials I j IThe IThe The Tho last assessment of one fourth cent per share was levied six months ago the of this month Since Sinco the last assessment or for the period of six months there has been done lone feet of drifting and crosscut- crosscut ting In the No 1 fissure drift we have found a large body of or quartz containing Iron and manganese but as yet et no other values alues In the No 2 drift we ve are following follow ng a avery avery avery very strong south 40 degree west fissure and for lor the last eighty feet on the north northside northside northside side of or the drift a little lead has been occurring together with Iron and man man- The has been very strong on the north side of or the he drift for forthe forthe forthe the last eighty feet and for this dis dis- distance distance dis- dis tance tanco on the nor no north h side of the drift a 0 series of strong south 80 degree west fissures occur and the Indications are that the is coming from them These fissures where first encountered encountered encountered ered are about ninety feet from the lime bed In which the large bodies of or ore occur In the Silver King Consolidated and Park Utah Consolidated mines The on the south 40 degree west fis fis- fissure fissure fis- fis fissure sure Is being continued and a drift has been started following the south 80 de degree de- de degree degree gree west fissuring toward the ore bear- bear bearIng bearing lime bed d. d This his is the lp lead we j J u in the the- property and it is the best indication we have had for ore With the showing of oC lead and the strong Iron and manganese tion we hope with the proceeds of the present assessment to open up a body of commercial ore METAL L MINING MEN WILL WIIL ATTEND MEETING l Many mining men of Utah are making their plans to attend the Annual Metal Mining Convention and Exposition of the American Mining Congress to be beheld beheld beheld held at Salt Lake City August to Inclusive Members of or the program committee from this state who are expected to attend Include F. F S. S vice pre pre- president president president and general manager of Western Vestern Operations U. U S. S Smelting Refining Mining company Salt Lake City J. J O. O Elton International Smelting Refining company Salt Lake City Oscar N. N Friendly vice president and general manager Park Utah Consolidated Mines company Salt Lake City James Ivers Silver King Coalition Co Mines company Salt Lake City C. C C T. T Keigley G. G S. S Utah division Columbia Steel company Provo A. A G. G Mackenzie secretary Utah Chapter American Mining Congress Salt Lake Lako City D. D D. D Moffat vice president and general manager Utah Copper company Salt Lake City W. W J. J OConnor O'Connor manager Utah department American Smelting Refining company Salt Lake City James W. W Wade vice Ice president Tintic Standard Mining company Salt Lake City and Gloyd M M. Wiles general manager Park City Consolidated Mines company Park I City Utah mining men figure prominently on the tho program considered one of the most Important In recent years At a luncheon for delegates Monday August James W. W Wade vice dent Tintic Standard Mining company will preside Welcoming to Salt Lake City I will be bo extended by Governor Henry H. H i i Blood and Mayor John W. W Wallace Among those n the Industry who will wUl reply to these welcoming remarks Is I David D. D Moffat vice president and general manager Utah Copper company i and chairman of the Western Division American Mining Congress I Edward H. H Snyder general manager I Combined Metals Reduction company Stockton will present a brief resume of the current status and outlook for zinc on Monday August James Ivers vice president and gen gen- general general general eral manager Silver King Coalition Mines company Salt Lake City will act as I I toastmaster at the Annual Banquet i Thursday evening e August I Senators PIttman of Nevada King of I Utah and Wheeler of or Montana all will I II I address delegates at the thea a At this meeting over o two thousand delegates from the various metal pro pro- producing producing producing states will devote particular at attention at- at attention attention to the Wagner Labor Relations Act and the Wage-Hour Wage Act both of or which have worked hardships upon the metal mining Industry Administrator Elmer P. P P Andrews of the Wage-Hour Wage Di DI- Division DIvIsion Division vision of or the U. U U S. S S Department of Labor will present the governments government's position on the application of the latter law to mining Tax problems mine ml financing and security registrations tariff develop elop developments developments ments monetary legislation minerals and the part they play In the national defense program and occupational di disease dl- dl disease sease sense legislation are also scheduled for thorough study The outlook for copper lead zinc iron ore gold silver and other metals motala and non-metallic non minerals will come In inn for tor much discussion at nt the meeting r i Vying with sessions cessions of the convention Cc Cc C l. l n TSO i ige gO Five 1 Mining Matters I II I I- I Continued from Pace Page One will be an exposition of ot metal mining equipment and supplies participated in by over a n hundred manufacturers This morning representatives of ot Local No 09 00 99 began a check of ot the workmen at the Park City Consolidated mine The purpose of ot the check Is to find out Just how many workmen are union members and to give those who are not members m an opportunity to make ap application ap- ap application and become members before September 1st when it is understood initiation and instatement rc fees will willbe willbe be raised STOCK SALES 8 FOR WEEK WEER THURSDAY Park City Consolidated Consolidated 1000 1000 New Park Park Metals Metals Copper Copper 1025 lead 4 85 gO zinc FRIDAY Park City Consolidated Park Konold Konold 1500 1500 S' S 2 c. c Sliver Silver King Western Western 0 Metal l. l etal prices Lead copper 1037 zinc SATURDAY New Park Park SOO 13 lS C c. No change in metal prices t TUESDAY Park Premier 2000 Premier 2000 3 c. c New Quincy fl Ft G f t Metals Metals Lead Lead zinc 0 copper WEDNESDAY I New NevI 2000 Quincy 2000 Sc I Park City Consolidated SOO 19 C. C New Park Park 1500 1500 Q c. c Metal prices prices Lead Lead copper 1025 1037 zinc I I SHIPMENTS Park Utah Consolidated Silver King Coalition 10 Park City Consolidated N New Ney re w Park O. O I a V |