Show Mining l Matters Sales Shipments FAIL FUL TO REACH UE AGREEMENT omE A meeting between union and company company com com- pany officials over Incentive contract rates at the Silver King Coalition Mines Co properties In the Park City district Tuesday tailed failed to produce an agree ment James Ivers vice president and general general general gen gen- eral manager of the company Orville Orvllle Larson International Union of Mine Mill Smelter Workers' Workers board member for district No 2 both reported no progress progress pro pro- progress gress was made The union is la demanding that minimum minimum mini mini- I mum contract rates be negotiated through the International The company's company's com com- pany's position according to Mr Ivers Is that the present contract do does s not expire until June that until It does expire there Is nothing to negotiate and that the union Is seeking to negotiate a supplemental contract at this time covering workers already covered by a contract Mr Larson said no further meetings I had been arranged lie He said he had no no 4 comment as to the next step of the tho I union The union was WIlS represented at the Tuesday meeting by representatives of the International and the local at Park City Wednesdays Wednesday's Wednesdays Wednesday's Salt Lake Tribune SINKING ON MAIN J SHAFT The New Park Is now sinking their main shaft from the 1380 to the 1780 When this lower level Is reached a station will be cut and Intermediate stations will follow Drifts will be run from each station to Park May Galena flower ore body and the Pearl fissure Exploration work to the crosscuts with two crews diamond drilling Is progress- progress Ing UTAH DECLARES IlES DIVIDEND DI The Park Utah Consolidated Mines company declared a dividend of 10 cents f a share on common stock payable March 26 to stockholders of record February 13 The last dividend paid by this company company company com- com pany was Jn In 1946 when a like amount amount was distributed WHAT WILL WASHINGTON FOU lOIt U. U S S. S METAL MINERS l Hampered by high prices for supplies and labor and a falling failing corresponding rise In metal prices metal mining has I failed to make the postwar recovery It was expected to attain and it may be necessary to bolster market prices to Induce sufficient volume 61 dl I mining operations op- op to build up stockpiles of metals termed as strategic during the war says The Denver Mining Record The gold mining Industry has faced a particularly difficult situation supply supply sup sup- ply prices and wages having risen to double and more their former level while the price of gold lias remained at 35 per fine ounce since It was boosted from 20 an ounce In 1933 by the advance advance advance ad ad- vance to that figure by the world gold price I I There has been considerable talk for fora a Do year or more mora that the fire price of SOI gold 11 I would again be raised but month aft month has slipped by without apy any increase e Some miners now predict that than the gold price rise will wUl come early this year while others do not believe there I will be any advance at all Both Doth arguments arguments I ments pre are re backed by considerable logic STOCK SALES US THURSDAY East Utah Utah 1300 1300 New York Exchange Park Utah Utah Silver Bliver King Coalition Coalition FRIDAY Q New York Exchange Park Utah Utah Silver King Coalition Coalition Q SATURDAY I East Utah Utah Silver King Western Western Western-MO New York Exchange Park Utah Utah MONDAY lOO New Park Park Park City Consolidated 3 New York Exchange Park Utah Utah 22 Silver Sliver King CO coalition Coalition 25 TUF TUESDAY DAY Cardiff Cardiff 1000 1000 j Combined Metals l Metals 1500 oo 1000 1000 2500 I Con Eureka EUreka 1000 1000 Horn Hom Silver Silver 1500 1500 a I 1 Royston Coalition 2500 Coalition 2500 Cc New Majestic Majestic 1000 1000 5 I New Park Park a. Ohio 1500 Copper Copper 1500 15 c 1000 I Silver Shield Shield 03 c. 3 0 J Tintic Lead Lead 1000 1000 j Eureka Mines Mines j 7 I Indian Queen Queen 1000 l c Q I i lc I Magnolia Lead Lead 1000 1000 o Be Mountain City Copper Copper New York Exchange Park Utah Utah Silver King Coalition Coalition Va- Va I WEDNESDAY I East Utah Utah New York Exchange Park Utah Utah 0 SHIPMENTS New Park Pork Park Utah Consolidated Park Utah Keetley Silver Sliver King Coalition cons Total |