Sunteți pe pagina 1din 1

T RIALS SHOW SilVER

KING CON Mill

SUCCESS

Although the management of the- 11


Sli
Sil
the Sil-
Sil-
Sli-
ver K I ing Consolidated at Park City Is ta
reluctant to ma
make
malcee a statement concern
concern-
concern-
Ing the performances of ol the new mill un
un-
un-
til the preliminaries are completed and-
til
ill and
the
r
itis
it fplant brought to itssllhighest
Is learned from unofficial
n
the t rials so
I

have been
ao far made havo
efficiency i-
f le sources
tory and that the mill will proba
satisfactory
thati
very
proba-
proba-
ot
bly be handling upward of tift tons of
ot fifty
crude ore daily before tho first of
oro dally ol the
year
Freezing of the ore caused serious de- de
de-
de
lays In the first test it is stated but a
heating- system has been Installed
steam heating
tor winter use
for uee which does away with this
difficulty
difficult
Estimating the recoveries on aa. con con-
con-
servative basis the concentrates SI from two tho
mill should earn one and possibly
quarterly

carry
ca
rt dl i
dividends
every year depending on the prices of
metals and the size of
plant can take care of
1larger values

ing ore and the latter


ing
o
for the company
ot the overload the
Thee concentrates thmay be expected
than lthe c rude smelt
pany at the smelter above 60 a ton A
Is
recent lot it is stated on good authority
netting the
c
p

el
smelt-
corn
com
com-
to

yielded a smelter profit of ot Even


the copper content which was regarded ago
as of no importance a year or two
Is netting now about 4 IaI ton The re-
have
re
re
re-
cent advances In lead and silver haveL
added approximately 5
1 5 to the profit on
L
each ton Ion or a month
An Eastern view of King Consolidated
III given in the New York Commercial
Is ol
of
November 21 It says
Three ye ax 3 ago an outside prospect
years
three years hence Silver King Consoli- Consoli
pos
pos-
dated Mining n company of eY Utah mayba pos-
sibly dbba
be on ntthe New York r stock exchange
from present Indications The huge fiul
fiul-
ore body opened between the lIlt 1550
and 1700 levels for a thickness of fifteen
to
hothfour
thirty
contains a
feet Is 1000 feet long
both ends top and bottom in Ore
developed tonnage
ore and
of
with
oover
fg Mn tons on worth Piat 50 nrto 60 per er ton
recent smelter returns on shipments
oyer
over or in excess of 7 a a. share
against a market
a price around In
g at
addition J
the carbonate ore utbody Is de- dde
de-
e
veloped 00 feet long on the
two bedding planes proved for ht
and shows six to eight feet thickness In level
1550
feet
down the dip to the 1623 level levet This
shipping ore averages 50 60 ounces silver
and 20 per cent lead The fifty-ton con
centrator completed a fortnight ago Is
operating satisfactorily on
ton h. con-
con-

to h.- 25
tons of 12 to 14 H dump ore and will
tackle a large tonnage geT of millingla grade
1 1

Ore on the h 1800 level The new tramway


I
has cut freight costs
merly it cost
coats to aa. ton For-
aa. ton to team or to
For
For-
the railroad and per ton to haul back
timber and supplies The Tho tram operates
all year round regardless of ot road or
weather conditions The new
canyon tunnel is in about 1000 feet It
wilt soon be electrified an electric haul-
will
age haul
hau-
haul-
age installed and a
lage a. third shift added
President S olon sp Spiro r has built uI up the
enterprise along eminently
l re
creditable
linn
lines

ng INDUSTRIAL STOCKS
The following industrial quotations are
A Hogle
furnished b y J. A.
brokers
Stocks
Bank Stocks-
J Compan
Company

I Bid IJ
Asked
Commercial National
Deseret
Des ret Savings
Farmers lal
Continental National
j
81 00
First
Piret
First
a1
National Ogden
Layton
Logan
r
First
McCornick
o
eo Brigham
do i.i gt i
Merchants
at Bk
Nat H
National City
National Copper
Coppel
den
Ogden SStatee
stat1
Security State O

S L.
S. L Sec T. T
Utah State National 2220
U SSayvv.
U. T
T.
Valker Bros
Walker 2300
Ziona Say
Zions Sav T.
TI 2500
Stocks
Industrial Stocks-
Amal mated Sugar I
I

Cement Sec
Con Wagon ll OO
Con Life COIns I
I

Guardian G Co
G. 1470 1500
Home Fire his 1119
Hotel Utah Op Co
Independent
inde Coal
Intermountain Life
Lion Coal 1
94
1825
1525 94 1360
90
96
States Tel Id
ML Sates
Ogden
Oden P.
Standard
P CCoalProvo
A t Clay 74 J20 i
Utah
Idaho
Utah G.G
Sugar
Sl
c pfd
ar
pM
2800 2320
2820

ML r pfd
U. P
U P.
z Bonds
C M.
C. M
Bonds-
s 00

Alta Club
Con Ry
c P
P. 6
Cs
S
S. L
L. R
R.
S J.J14 Stock Ex
S.
Is
9 00
I
Lion Coal Os
Jr Dis Is
O. L
O L. I
R R.
I. R.
gGasr Valley
R Os
I

Sumpter
Ut J.
Ut
fe Is
Coke
Ul 1J 2 Power 4
t g g

Ut L
Bt
lit Capital
Power
Utah Capital s
s'
gg

i
AMERICANS IN LONDON
8By
Pi
Pta
PI to The
Tha

ties Improved underAmerican


LONDON Nov 25 American
tiel the lead of
ol
States Steel closed steady on the United
stock
exchangee here today I

S-ar putea să vă placă și