Show King Coalition Wilt Will Dividends At a meeting meeting of ot of the board of ot d dl directors di- di rectors of oJ the King Ing Coalition Saturday morning in tn their decision was made and dividend No Nc 31 wa wee was declared consisting of ot 2 20 cents a share to stockholders of ot record re record record re- re cord at close of business September on which date the books wiz wll I be closed and remain closed against again I all transferring of stock until October October Octo Octo- ber bet 1 1 The checks in payment of ot this di divIdend div div- will be mailed from the bustness bustness bust busl ness office October 1 1 This dividend is ii the fourth this thi year year and brings the total amount ol ob each share to 70 cents and th tb the grand total to for tot thi tho present year Condition at t Bingham Park Bingham went to 11 cents on the Salt Lake stock exchange today todaY to today to- to day because of favorable report reports tram from the mine When Foreman McClelland McClelland Mc Me Clelland was called up day to-day h hi he said while no great creat strike had jet yel been made conditions were never nave nevermore more favorable than favorable than at present and that ore ore are will soon loon be uncovered is t a a certainty Day by day in every way ay Park City and It its I mines are getting better a and ad d better nr Bright M Outlook for Sliver Silver and lead Outlook for lead and silver sliver markets markets mar mar- markets is exceedingly bright and this important part of Utah's mining In tn Industry In- In Is hi expected to be highly pros pros' prosperous prosperous during the remainder the of-the of the year Utah r ranks first as the lead lead- leadIng leading ing lag sliver silver producing state and fourth in lead production Unlike most of ot the other producers prod cers of ot these two metals Utah production is a combination combination comb comb- atlon of the two so that the strong market the two metals Is ia doubly important to 10 Utah miners Lead and silver producers are greatly encouraged by the outlook The Tho Glenallen A A Mine Milne Richard Pelton a mining man of many years experience was over at atthe atthe atthe the Glenallen last ast night for the purpose purpose purpose pur pose of the property To Toa a Record reporter today Mr Pelton relton remarkable remarkable remark remark- aU sold II Ib ore showing was able und that a big mine is In the tanking making l II an absolute certainty is the tb candid opinion of the gentleman gen lemaa why such a H Ii lie cannot promising property has to go it were and predicts that gin ging as the Individual or combination that finally finances the property sufficient sufficient sufficient ent to prosecute developments in ope opening up the theore ore bodies already lUJ vered will be repaid beyond measure and Park City given ghen another let er ar regular shipper and dividend pay pal er or lorry Mr relton Pelton Is loud In his praise c o of Manager J J. J B. B D n Allen Who he says say is deserving of every success for hi hl his per persistency latency and hard work in bringing bringIng bring brim ing log the property to its present prom prop Ising stage and In surmounting the thi I various financial and other obstacle obstacles which has has' beset him for years past men are are arenow now Interested however and Mr Allen feels certain the Glenallen come into it Its own and another steady prod producer re rt result re- re suit sult for tor Park City Crosscuts tit At a meeting of ot the Martin Goland Goland Gol Gold and Silver Mining 1 company held ii i in inthis this city last Saturday an assessment assessment assess assess- ment meat of one half halt cent per share was wai levied upon the capital stock of the thi company payable on or before th the I day of 0 October 1923 1823 and dei delinquent de de- i on on November the Sec Secretary Secretary I Bec-I I J. J J G O. O Bywater informs The Thi I Record that work Is going forward steadily at att this property With ver Very Ten promising indications In the face o othe ot of I the tunnel This property is located located local ed in canyon and is Is-ad- Is adJacent ad ad- j talent Jacent cent to the the Silver King Consolidated Consolidated Consoli Consoli- dated and Silver King Coalition holdings It is considered valuable mining gr ground und and and some day will wit willbe willbe be a producing mine Newton Dunyon Informed The Tbt Record yesterday that the fissure cut in the upper f the Part Park Standard on the east side last Iasi fall rail had been cut In the thelow lower r tunnel tunnel tun tun- nel net now being driven and indications indica Indica- I Lions or ore were v very ry promising I Things are beginning to o look rosy over at the New Quincy and sensational sensa sensa- local disclosures are looked forI tot for I very every shot The entire face in the I crosscut is in low grade grad ore are accordIng accordIng accord accord- Ing ng to reports given to The Record this his morning by Superintendent I Andy Hurley The ore goes 14 or 16 15 ounces silver sliver with conditions improving Improving im Im- proving every day I The Keystone is not shipping yet but tut with the improved condition of ot the he metal market the big ore reserves reserves re re- re- re serves erves already mined will soon be marketed from this property Never NeverIn Nevera In a Its Us history was the future of the Keystone brighter than at present On On n the the fare of the crosscut Is a solid soUd ore with improved condition conditions condi condi- ions tion in the other workings of the of-the the property Shipment Park ark City M. M 4 S S. S Co o. o King Zing Coalition Park ark Utah I Total |