Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-25
Covers Operations of Company
At Its Park City Properties
During Last Year.
PRODUCTION AND DIVIDENDS.
What Has Been Done Since Incorpora-
tiOn-Rcsults I'm Mil and
Financial Condition.

The annual report Of the DAILY West
Mining company, covering the opera
tlons of that corporation during the
year 1907, was mailed to shareholders
this afternoon. The exhibit shows that
24,S56 dry tons Of crude ore, concen-
trate and miscellaneous ores were sold
for S77l 679.44 the product returning 673.-
$50 pounds of copper. S,0S6.4 pounds OF
lead, a499l ounces in gold, 1,O42, O62
ounces in silver and 5,l1l $3.50 pounds
of zinc. The crude ore averaged 1918
ounces in silver. .O423 ounces in gold,
1S.4S per cent in lead IA per cent cop
per, i,S per cent zinc and sold for $751;
per ton, The concentrate disposed Of
contained ai,H ounces In silver, .O40S
ounces in gold isis per cent lead. 1,53
per cent copper, l5.4 per cent zinc and
sold for SiS.S5 per ton The misce-
laneous ores contained 1910 ounces in
silver, ,0S2l ounces in gold, per cent
lead, LA per cent copper, SO per cent
zinc and selling for 1888 per ton.
STATEMENT OF MR.. WILLIAMS.
In his statement, dated Feb. IA last,
General Supt. p. L. Williams, Jr, says:
During the year there were mined
GO, 2lS.9 tons Of second class or mill ore,
and 1876 tons of first class ore. From
the second class ore, which was treat
ed In the Daily West mill. there We're
obtained 1880 tons of concentrates,
which together with the first class ore,
were shipped to the American Smelling
and Refining company.
During the year 4,269 feet of devel-
opment and exploring work was done
OF this 1921 feet was drifting, 1876 feet
sinking and 9S4.5 feet raising. The re-
suit and location of this development
and exploring work is detailed In the
mine superintendent's report, which is
attached. No further sinking of the
main shaft was done during the year
on account OF the fact the Ontario
drain tunnel No has not been OPEN
ed However, satisfactory progress is
now being made in the opening of the
tunnel and 1t is hoped that the task
of unwatering the ontario mine will
be accomplished in the near future.
All buildings and machinery of both
mine and mill have been maintained in
first class repair. A residence for the
mine superintendent has been built
New coal bins have been constructed
at the mouth of No. 1 Ontario drain
tunnel. which tunnel Is used for the
transportation of ore and supplies by
| the DAILY West The new coal bins
are 80 arranged that dump bottom
! railroad cars may he used and in this
way saving IN lHt NdHullN6 Oh COAL
will be effected. BY framing the TIM
bers at the mouth of the tunnel, "A saw
ing will be effected by taking the tim
bers through the tunnel instead of by
teams over the surface. All supplies,
timbers, etc, can now be taken
through the tunnel, and 1t Will not be
necessary TO keep open the wagon road,
upon which It has been necessary to
do considerable work each spring.
ION account Of labor troubles, the
mine was closed down from Sept. % to
Nov Is. During this time the out
put of the mine was stopped altogether,
and the expense cut down as low as
possible. However, 1t was necessary
to have some men at work keeping
the mine workings in repair, and the
costs for the year We're materially in
creased on this account"
PRODUCTION AND DIVIDENDS.
The following shows what the DAILY
West has done In the way of produce
ton and dividends since the incorpora-
ton OF the company: