Show i. i MIng i H For Week J e e k I I V NC x it STEADILY DlLY UP VI New Park Mining company made a anet anet anet net profit proUt after depreciation and federal Income i taxes of in the first half hal of this year ear compared with in i rs the tho first six months of ot 1040 W. W H. H H. H n namer Cranmer of Keetley president and gen gen- general general eral c ml manager Saturday Ore sales totaled in the in-the the six months ended June this year against 1 in the like period last year Mine operation and anti general expenses rose sharply from in the first year half-year of 1940 to In the first six months this year he stated Net operating Income before tion t ion amounted to for the first six s ix months of 1941 a n gain from in i n the comparable 1940 19 period Cash on hand band June totaled 77 compared with on the same annie date a year earlier Mr Cranmer Crannier pointed out that included ed cd In mine operations for the first halt half of 1941 was considerable expensive work toward oward t equipping the the mine for start of greater production In a few months The company is installing or has or or- or ordered ordered dered new hoist holst compressor tipple and other equipment is building in collaboration collaboration oration with the Union Pacific railroad a spur from Keetley to the Mayflower tunnel and is preparing to sink a triple triple- compartment shaft at least feet in depth from a point or feet from the portal in the Mayflower tunnel The company has acquired additional surface rights and is carrying on an extensive program at the Gold Queen prospect ASSESSMENT T NO XO 11 oJ I In levying assessment Number 44 44 of tho the Howell Mining company of one cent per share the ti-ic following is given out by the directors Your directors have given serious thought to the continuation of the de development de- de development development of ot these leases and all have favored following the advice of Geologist Geologist Geologist gist Beeson Deeson who is considered the best authority on tho the geology in the Alta Aim district therefore your directors have levied an assessment number 44 of ono one cent per share Delinquent day is September sales day October 1941 LOCAL STOCKS AND METALS i I THURSDAY Metals Lead copper 1165 zinc I Local stocks New Park Park Q I Park City Consolidated C 1000 1000 Q Ic I Silver SIl King Western Western I On the curb curb Silver Silver King Kin Western W stern j I FRIDAY I I I Thirteen state were traded in inon Inon inOn on Salt Lake Exchange today wIth today with a a. general weakening of prices Only one ono local Issue was traded I Park city Consolidated Consolidated bOO 1000 Oc eXT of off ft c. c Howell Q 2 c. c I SATURDAY j L Lal pal al stocks ignored on exchange to- to toU today day I 1 U MONDAY Exchange closed Labor closed Labor Day I TUESDAY No change in price of metals i On the tho Salt Lake Exchange the Exchange the same sarno slowness prevailed as before the holl- holl hollI days I days Ten Issues changed hands with no noI I advanced prices I New Park Pari was the only local issue traded traded traded-at at the same price as Saturday Saturday- I On On the tho Curb Curb 1000 Howell 1000 2 2500 I O WEDNESDAY Even dozen Issues traded on Salt Lake Exchange with Exchange with but little change from Tuesday two Tuesday two local stocks found custom custom- customers ers both ers both slightly off oU NeWs NeW Park Park an an odd lot of 65 05 went over the ti-ic counter off ort Closed C os d cl 31 31 Yz bid and 32 asked New Quincy 1000 Ic Ie Howell 1000 1000 Q 2 21 c. c On the curb New curb New Park 32 c Howell 1000 c lIe S I I I I Park Utah Consolidated New Park Park Park City Consolidated Park ark pity Utah Total I |