Evening star., 1934-03-18
TRADE CONDITIONS
BETTER IN DENVER
One Large Department Store Reports
Sales 40 Pct. Higher Than Corre-
spending Week of 1888.

as warm Springlike weather brought
huge throrgs Of shoppers to the mar:s
of trade. The heavy volume Of sales
was attributed by some to the begin
ming Of the Easter shopping season.
A close check Of purchases, however,
disclosed that customers were buying
a widely varied line of goods, with
household goods getting a strong
play"
In connection with the buying spree,
leading financiers expressed the be-
lief that money, long in hiding, was
becoming bold and finding its way
back into circulation"
Statistically, the business trend in
Denver, as well as the entire Rocky
Mountain region, is decidedly upward.
Volume Is 2 to per cent above
that recorded this time last year, and
purchasing power Is greater because
of an increase in employment of II
to 18 per cent over the same period
last year.
New Veins Discovered.
Mining activity continues at
splendid pace. In the famous Cripple
Creek district one rich strike seems
to inspire another, and these newly
discovered veins are giving impetus
to the inevitable Springtime gold
rush. A number Of new merchandise
ing stores have been opened in the
district, including both Cripple Greek
and Victor.
Exceptionally good gold veins are
reported opened in the La Plata
quadrangle, in the Durango district
OF Southwestern Colorado. A dozen
new properties are already being
worked in the region with prospects
OF real activity when the SHOWS have
disappeared. Machinery and cQuip-
ment is being brought IN for ex-
tensive placer operations in the AMI
mas Valley, Is miles north OF Du-
range.
Extensive tunnel operations are
under way in Breckenridge. in prepa-
ration for a renewal OF expected boom
times.
Production Of gold and silver ore
in Boulder County is exceeding 100
tons daily. Many old properties are
being worked, and one flotation Gus
IOm ullII Is operating,
In the Boulder district also lungs
ten, an industry dormant for years
is stimulated greatly by a demand
that is greater than at any time in
more than three years. Approx
mately $50 tons Of the mineral has
been sold thus far this year, for a
price estimated at close to 5000, 900.
Tungsten is used principally for hard
ening tool steel, gun Innings, ETC., and
several Eastern steel concerns have
been heavy purchasers of the mineral.
Joins Silver Leaders.
The current price Of $12 per unit,
or s720 ton, permits a favorable
margin Of profit to tungsten mine
operators. Nearly 200 men have been
put to work on these operations re-
Gently and it is believed increased
demand for the mineral will result in
employing close to 1000 men before
Midsummer.
Gov. E. c. johnson this week Joined
leaders in mining operations in set
ting forth reasons for governmental
recognition of silver as a money
metal-action that would restore
prosperity to the United States
quicker than any other single measure,
according to the Governor.
ITO the Western country" the
Governor declared in a statement to
be read at the conference of West
ern Governors in Salt Lake City,
recognition Of silver as a money
metal will mean instant impetus to
business Of every kind"