Show Mining Stock Matters Matters Stock Sales For Week CITY ICE ELECTS Ol Gloyd HoYd M M. Wiles of 01 Park City was as named a vico vice president of or the Park City Consolidated Mines company at the an- an annual annual nual stockholders' stockholders meeting Monday at Ogden Mr Wiles also was re-elected re I I general manager and a director All other officers and directors director were re elected I Harris Hammond of New York City was re-elected re president j. j H. H H Devine Devin of or Ogden executive vice president J. J A. A Howell of Ogden vice president Elsie Elsio M M. I Trousdale of Ogden secretary w W. L L. L Pratt of New York City treasurer J. J E. E Dvorschak of ot New v York City secretary George D. D Knauss of at Ogden i general auditor R. R H c. c Badger or of Ogden I assistant treasurer Directors re-elected re are arc J L. L L Chadwick Chadwick Chad- Chad wick of ot Ogden C. C V. V Stable Stehle of 01 New York I V City Mr Hammond Mr Devine Mr Howell Mr Dvorschak Mr Wiles Mr Pratt and Mr Badger V i iThe The company's financial report will be be I issued soon I SLIGHT DECLINE IN COPPER IRICE Mondays Monday's New York dispatches reported I domestic price of copper was established at 12 cents a pound Monday when two I primary producers cut their previous quotation by ya y cent I The action by the producers which was the first change since a J y cent I boost to 12 i cents was announced Oct 1 Oct Oct- October I ober followed the action of a leading custom smelter In cutting his price 4 I cent to 12 cents a pound In an effort to meet the outside market price I NEW rum PARK KING BL GOOD Word from the New Park this morning reports good progress being made at the Mayflower unit Manager Cranmer says ore conditions are Improving steadily notwithstanding the hammered-down hammered prices on the stock exchange I LOCAL STOCKS AND METALS lET THURSDAY The Record week starts off far better than a week ago on the Salt Lake Stock Exchange Four local Issues were traded out of or fourteen that found customers Metals same same Lead Lead copper 1215 zinc The four local sales were New Park Park 11 1000 c 1014 sold on curb for lie lic New Quincy 1000 1000 5 c. c V Park City Consolidated Consolidated Sliver Silver King Western Western FRIDAY Trading on Exchange today dropped back to five issues only finding buyers buyers- I and Park City stocks was entirely out of 01 the running at the regular session On tho the curb however local stocks were noticed noticed New New Park selling Q 12 cents ce cents up up ts-up up ya 1 cent Park City Con Con- Consolidated Consolidated letting go of at the old price of 15 cents SATURDAY Both Issues and prices slumped on the Salt Lake Exchange today today today-no no local west went over the counter MONDAY Metals Metals Lead Lead copper 1215 zinc Local L cal stocks New Quincy 1000 1000 4 c Park City Consolidated COD 1500 1500 Silver SUver King Western Western 2000 2000 up up and and largest volume for tor a coons age Something stirring up that way evidently Despite the exceedingly favorable re reports re- re reports reports ports of 01 ore conditions at the New Park the the price of stock does not advance on Salt Lake Exchange rather Exchange rather the reverse Today lie was bid 11 asked No sales I TUESDAY I Metals unchanged I Greater activity on exchange today today- tOdaY tOdaY-I with seventeen Issues changing hands hands- t five lve local stocks tocks being among the num num- number ber with ber-with with no ito advanced prices however East Utah Utah 3 c. c New Park Park lie lic New Quincy 0 Park City Consolidated 0 i Silver King Western Western WEDNESDAY I I indications are arc favorable for an in the price of 01 local stocks stocks and and the prediction of 01 The Rec Rec- Record Record Record ord is still in force force viz viz That activity in mining and mining stocks will pre pre- prevail prevail prevail vail as 1940 gradually advances Today on the Salt Lake Exchange New ew Park was the star performer performer open open open- openIng Ing at 11 cents two lots Jots selling for that figure and four separate lots of 01 each selling at 12 cents cents shares in all all closing closing at 12 bid bid bid 12 c asked New Quincy 1000 El j Silver Sliver King Western Western Q SOc SHIPMENTS Park City Consolidated Park Utah Consolidated V Silver King Coalition con New Park Total I |