Show more silver kings needed 3 when the silver king coalition mines company was forced to close tta its property early in 1938 and remain closed throughout the remain de ol of the year it was keenly felt elt throughout business bu and industrial channels in utah the mine pictured above Is one of the great silver lead zine mines ol of the world and a mighty contributor to the business industrial and community life of the state up until last year the mine and its predecessors had been under constant development and production since 1882 a recard equalled equal led by only a few ew mines in a sense this record was not broken as development was c continued in the western end of the property where the compan la Is sinking a new shaft at a cost ot of more than a halt million dollars since 1882 silver king coalition and its predecessors have produced upward of in gold sliver silver copper lead and zinc channels of industry have received approximately ot of this in the form ot of wages supplies materials taxes freight treatment and otlie othe charges it la is interesting to note a five year period ol of silver kings results from 1923 to 1927 dry tons shipped crude and concentrates gross yield from mine 19 freight smelting smelling sm elting and treatment charges taxes county state federal payrolls materials and supplies purchased 2678 total dividends paid bf the dividends paid 66 per cent went to utah stockholders normally silver lung king coalition employs men which means that Im atcy 2500 persons are dependant dif estly upon the mines mine operations this is an ail impressive array ot of facts acts and it Is evident that the state needs more moie such producers there are aie other mines like the silver king yet to be developed as the states state s resources have only been scratched |