Show t i Park Mining Notes Motes i iN fc N NANN TUB Tin CI HANOI m Old lW 1 T. T The Tho Daly naly West lost out In Its Hs fi light fight ht to retain tho the old management In ht control the control the Judge M M. and S. S people lIu succeeding In getting their directors elected and aro are now m in control There Thero Is a n difference of ot opinion u In Park City as to the effects the tho change of management will have havo ou on the tho pro pro- perty The Tho of the tho company com com- pang pany to a mall man regret tho the change stoutly maintaining that thai never were there better beller men to work for than the old management the best of wages always being paid paid by them and only white labor labur hired the rued the undesirable foreign element being absolutely absolutely ab ab- ab- ab barred from the pay Particularly do the tho regret the retirement of Superintendent E. E I. I L. L Talbot because of his ability ISa as S asa asa a miner and his hU al always ways fair fall consideration consideration consid consid- of the workingmen During bin hlll visit at the property this week the presented him with n a handsome gold watch and chain as us a token of their high regard and appreciation appreciation ap ap- pr as a man and dent Master Mechanic Frank Kane made the presentation The went to the office in a body and surprised Mr lIr Talbot Many of them were old timers who had been with tho the company for more than fourteen years year such such as George Hedges Oscar Lowe Arlie Arlle Pike and others Superintendent Talbot had also been with the company for fourteen years lie fie with Foreman Harry have resigned their po pu- Many 1 pleasantries were passed as ed edat at tho the Informal gathering regrets expressed at th the resignation of the boses and well wishes extended the now new management The consensus of opinion however is that the change of management will redound greatly to the benefit of lit the thEl stockholders by making a bigger an and ana better property of the Dal Daly West Different of development will be adopted by the new management management management manage manage- ment an and undoubtedly a much great greater er production will result when things are properly lined up by the new management According to a statement statement statement state state- ment out by the ned directors future development will not be decided upon until a thorough ex of the workings of the mine is made and Inside affairs of the company revealed re The new board of directors are H. H Otto Hanke George G. G Brooks Drooks G G. G W W. Lambourne O. O N. N Friendly and II it U. U M. M The organization of the board Is Isas Isas isas as follows Mr Hanke president Mr Brooks vice president G. G W. W Lambourne general manager and I treasurer O. O N. N Friendly general superintendent and Guy H. H McKay Mcl in direct charge of operations AT TilE THU lOWA IOWA H The past week decided changes for the better have taken place at the thi Iowa Copper Superintendent Dave Scott telephoned down yesterday that the ore showings in the were widening out and improving In values and from indications it looked looked looked look look- ed as if It big ore bodies were in close proximity From three to five minIng mining mining min min- ing cars of ore are are being raised dally and regular shipments will be made when climatic conditions permits per per- per per-I snits mits of tho the opening of th the roads A A cross bar Is being installed In lu the shaft and I sinking will be resumed within the next day or two I From rom the level a crosscut will be run and It Is quite likely sensational de do- developments will bo heralded before tho summer Is far tar ed od There is not a more promising prospect In the enmor eu- eu mor Is la far advanced There Thero Is la not amore a u more promising prospect in tho the entire entire entire en en- tire district than the tho Iowa-Copper Iowa at atthe atthe atthe the present time NOT Jo When asked r relative to tho the recent stories that tho the Judge was developIng developing developing develop develop- ing an ore body which is likely to tomake tomake make Into the tho Now New Quincy ground a aman man In a position to know said yesterday yes yos- i iThe The Thu statement Is justified that those responsible for the recent artl artl- arU 1 l cl clew a Quincy affairs knew that the tho oro ore body being developed In the Judge mine was not In nor liar within tho Hw range of possibility of e extending Into or near Ular Now Quincy ground It U would seem therefore that sudden advance vance and almost spectacular deal tal Ing lag In New Quincy stock was entire entire- entirely ly y without justification cation so eo tar far as al ro ro- I I to the J ore are body bOlly was concerned Tho The Inference that the I L Jud Judge o people Ileo were the buyers ot of the Now QuIncy stock Is also entirely without foundation as OR no ono uno con con- I with the Judge company la is s I I the tho owner directly or Indirectly ot of off New Now Quincy stock It Is stated staled that tho talked much of Judge ore body which might make into tho New Quincy is none nono other than a continuation of the oro ore oodles bodIes bod- bod lea les found round in tho the past year on the level and above This oro ore Is all allwell I well within the Judge boundaries and Is making toward tho the center of of the tho ground The ore Is lead The Tho greater part brings the company from 30 to tu 50 60 O net a n. ton The way Ithe i I the tho oro ore body Is opening up It is la taken taken tak- tak takI I I en as promising as big a body as any that has heretofore been opened In Inthe tho the Judge and Is already showing shoring I I considerable magnitude Thursdays Thursdays Republican Herald I GOES ilES IX TO I Mr I Norman M M. former assistant assistant assistant as as- superintendent and assayer at tho Sliver Silver King Consolidated company company company com com- pany resigned his position the first of the week to accept a responsible and lucrative position with the Rochester Roch ester Mining I company of Nevada He lie takes the dency of tho the big gold and silver sliver property property pro pro- property perty at that place Tho The gentleman leaves this afternoon for his newfield newfield new newfield field of labor and tak takes s with him tho the well wishes of many Park City friends Tim full lm UTAH Superintendent Paul Hunt of ot the Utah Park-Utah company was over from the tho tunnel to lie He reports splendid splendid I did progress being made In both the north and south drifts off from the I big Ontario drain tunnel In the tho Park- Park Utah ground To greater facilitate 3 the work several mine cars have been 1 brought over from the Snake Creek tunnel and are now no in commission Twenty-five Twenty men are aro on the the payroll pay payroll roll and from now on Superintendent dent Hunt expects to make an average aver- aver age of 2 O feet a month in each of the drifts At this rate It will not take many months to reach the ore 1 bodies of this new company I Tim THI NI NEW W OIL r rI rI I I I Last night at the office of Dr E. E P P. LeCompte the promoters of the 3 Park ark Oil and Developing company held a meeting and decided to start t a campaign of stock selling The company company company com com- pany is Incorporated for shares of Is pooled by bythe bythe bythe the promoters and will be put on the market at 10 cents per share for development purposes The company owns acres in the heart of the Dig Big Piney oils fields of Wyoming and there is every reason to believe an Investment In stock will prove prove profitable A map in theoffice the theoffice theoffice office of Dr LeCompte shows the favorable location of the holdings to i producing properties A rig will be be Installed In the near future and drillIng drillIng drill- drill I I Ing lug commenced Stock will be sold soldon I II I I on oil easy payments to those desiring It one-fifth one down balance In four tour equal equall I payments There are ore no paid officers of- of or-I or I 1 in the company and no commission com com- commission mission paid for selling stock stock stock- com I very ery penny derived to be put Into development Much 1 Interest Is being manifested by local people In the I now new enterprise I I CROSSCUTS II I j I I Secretary J Frank ran k J. J W Westcott came 1 up from Salt Luke Lake Monday 1 of this vp wp work U on business matters connected with the Sliver Silver King Coalition I Superintendent Oscar Friendly was a passenger for Salt Lake Sat Sat- Saturday Saturday I last and remained in the city the Iho greater portion of the week ou on matters pertaining to the West Daly-West Daly I affairs he being one ono of the new now di dl dl- rectors I 1 P. P P. P Harrington WI was a II passenger for Salt Lake Thursday afternoon lIe He had nothing to tu give out regarding tho the New Now Quincy lie He li is kept bus busy between bet een times after his lease at the U Daly ly West West which U is yielding good returns for tor pr himself and associates Charles Moore after atter a three months month stay atay at Campo California returned returned re- re turned to the Park last Saturday well wall 1 pleased with his hid trip Most of the tho time he was as 81 away he sport spent at the tho Lost Alice lIco property lu la which several Park 4 ity 1 people IU In lae and wUl which h many mall many hoped would be he a big paying L i I I I I I I 1 I I II I I I I 1 I I I gold Jold mina long before this There Is nothing new to report concerning tho the Lost A Alice is being Bono dona donaby by Mr Clark one of tho the owners of or orthe the property who manages to mak maka a living from the ores ore extracted i but the tho prospects of ot It ever over being a n. amine mine are aro very slim Mr Moore 1 visited In h San 0 and Los Angeles AnKeles on hi his hI return home enjoying his his outing very Ivery very much NIS j King Coalition j Judge M M. S. S Co 1 i 2800 t Judge M 1 S. S Zinc Ontario j Daly West King Consolidated Total a KINO J CONSOLIDATED CONSOLIDATE ANNUAL Stockholders of the Silver King I Consolidated Mining l company held heldI t their annual 1 i a n board and heard reports for tho the thoI year Total receipts amounted to with cash sh assets There were represented shares out of ot a a. total issued of shares The following officers and directors directors directors tors were elected unanimously President President President Pre Pre- and general manager Solon Spiro vice president R. R P. P Morria 1 treasurer D. D L L. who 1 with Sherman Fargo Herman I Harms I Harry A A. Lee Leo and William make up with G G. G W. W Browning Drowning was re-elected re as secretary The report of the secretary and treasurer for the tho eleven months endIng ending ending end end- ing December 31 1917 was as fell follows follows fol fol- l lows Balance on hand band February February February ary 1 I 1917 Oro sales Int and dis ls 63 Bills payable parable Miscellaneous l I Total Disbursements I Expense accounts I Development and mining min mm- ing Tram Tramway way operation and repairs Tunnel development Mill operation and repairs repairs repairs re re- pairs Supervision 00 Ore sampling Titles and patents Boarding house Surface Improvements Property Properly purchase Dividends and extras extras extras' Cash cash assets and Inventory Total Total I Ore In transit December 31 dry tons President Spiro In his rep report rt said said Our fiscal year ending December 31 31 1917 su surpassed all previous years In gross earnings and dividend pay pay-i I ments meats witnessed tho the adjustment of our mill to Its normal capacity and proved proved the great utility of the new tramway yet the outstanding feature feature fea- fea ture of this period in to the opinion of the tLe management is the progress made toward the development of the theare theore ore are zone in our westerly domain I Recalling the fact that the tho original group of ot three forty acres and the theother theother other ground on the zone had al alwa's always always al- al ways was been regarded us liS of equal prospective pros pros- value he reviewed tho the discovery discovery dis dis- covery pf pt a 1 two-million two d dollar ore body in the original claims and the development of similar ore bodies making toward the west wherever work had bad been done dono at sufficient depth A territory twenty-nine twenty times as large as the original group remains remains re- re mains to ba be developed via tho the Spiro s tunnel Under the head bead of Production Production Production Pro he said Despite the tho elimination of ot ono one month from front the tho fiscal year an In Increase lu- lu crease creaso was shown In nearly all alt Items of at production Tonnage of ore and concentrates for the tho eleven months montha was tons against 1008 for forthe tho the preceding twelve months the sil silver silver sll- sll ver yer output via S against ounces the lead output was waa against pounds gold against ounces and copper topper against pounds Net smelter returns for the eleven months amounted to cora com pared with for or m me the year before n Dividend YI paid aggregated against in 1916 The gross groBS earnings per share abare were 02 92 ts but tb the net in profit was naturally nat nat- reduced b by the great ILd- ILd d- d In n the tile cost cOlt of s supplies Continued on Page Seven s j I I I I I I 1 4 r Ni t Continued from PaRe Page One ty of efficient labor car shortages and smelter embargoes These drawbacks drawbacks drawbacks draw draw- backs were common to all mines and andall andall andall all Industries and were a II part of the price that all nil should pay cheerfully cheerfully cheerfully cheer cheer- fully for the future freedom and happiness happiness happiness hap hap- of the tho world The milling plant recovered from second-class second ore concentrates concentrates concen concen- averaging a ton The Tho Spiro tunnel reached a a of or feet teet from Crom its portal the last 2300 feet being in the Woodside shale On leaving the shale the tunnel tunnel tunnel tun tun- nel will enter the time favorable ore- ore bearing formation Mr S Spiro Shiro lr mentioned the tho purchase of the Comstock California-Comstock property for The property Included 13 acres a foot shaft a ton milling plant and other surface equipment It had a record of production production production pro pro- of ot many thousands of tons from near the surface A dike in th the Comstock is the nearest eruptive formation to the time developed ore body In the King Icing Consolidated and Is regarded regarded regarded re re- re- re as the probable center and source of that enrichment It is clearly evident that the time fu future future future fu- fu ture of our company lies in Its western western western west west- ern territory not only because the mineral minerai zone in which our first success success success suc suc- cess and the success of ot our adjoinIng adjoining adjoining adjoin adjoin- ing neighbor was scored makes males into this domain but also aiso because the time territory territory territory ter ter- Is lane larso enough to give full scope to the activities of ot our workIng workIng working work- work Ing organization From the tho fact that three forty-three acres adjacent to the time shaft have produced produced produced pro pro- more than of mineral min eral wealth In four tour years we feel warranted in assuming that 1200 acres Identical In character so BO far as aD their geology is concerned will when penetrated yield sufficient oroto ore oro oreto oreto to production and dividends for very man many years V We are also aleo justified in the tle assumption that the next returns from the output of our western term ten tore will by bJ much larger proportionately than the profits from our shaft workings because of ot lower operating costs due duo to the facilities afforded by the SpIro drainage and andI transportation tunnel Consulting Engineer Harry |