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Show WESTERN MINERAL SURVEY, SALT LAKE CITY, UTAH. New York Metal Market Prices Mark Time During Slow Week DMiiigReports Copper Holds at 18c; Export Trade Small; Lead Situation Apparently, Satisfactory; Tin And Silver Rep orted Unsteady. Utah Southern Uil Co. Salt Valley teat, north of Moah. King No. 1 drilling at 8,800 feet in shale. J. L. Shafer No. 1, Cano Creek tome. Inch rasing Running 6 for a water shutoff In limestone at (From The Engineering and Mining Journal.) NEW YORK The situation in the metal markets is en- 3095 No. 1. Dickinson tirely unchanged from last week, buyers in general taking Daetwcller Kansas. Drilling at 2.100 little interest, and sellers quoting unchanged prices and be- county. feet. Grayann No. 3, Reagan county, ing content to wait until demand manifests itself rather than Texas. Drilling at 1232 fetl. force metal on an unwilling market by cutting prices. CHI 13c. Diamond delivered continues at at usual Connecticut Copper Conisui) Had lias delayed the beginpoints, but the volume sold is only nominal and has de- weather ning of operation at the Diamond clined for the last three weeks. The large producers are not Fork teal. However, with an road conditions Mun-- j selling anything at all. Ruch business as there is going to the utter MusserIn feels confident that hy are custom smelters. The latter probably not selling their the tenth of May the company In- 1- fci-t- . l ! C. gill have spudded in its No. 3 test. In the Virgin field, the rnmpuny j has six welia on production, according to Mr. Musuer, who lias Just returned from Washington county. The refinery was Murted up and a test run made that was successful In turning out high test gasoline. By June 1, the company jespects to Me its refinery operating steadily and marketing Its products locally. Plans for operations In the Wyoming, field are proceeding. I tali Koullicrn Oil Company-('ta- li Oil llofiniug i'oniiHiii)' Frank Hhafcr No. 1. Cane Creek dome, section discovery well of Moah district. Shut in. secJohn L. Shafer No. tion the first flank well on Cane Creek dome, half mile north of discovery well. Bottomed in limey shaJc at 3095 feet. Temporarily closed down. Eight-inccasing wilt be run to bottom to ehut out water . before drilling deeper. King No. 1, Halt Valley structure, faction Drilling at j Uiid firm. ha been xbjhtly than the last few week. The general situation, however, appears to be quite firm. Lujjdon quotations ere fairly stable at around 24 2 pounds sterling and production statistics recently released show a considerably lessened output In recent months, all of which tends to improve thn statistical situation and Ixrail buxines lean Ktato No. penetrated a AJO, Arisons Milling capacity of tha New Cornelia Copper company will be Increased to 15,000 un daily by the addition of three unite and other extensions. Present capacity la 10,000 tone daily. Diamond drilling atilt In process has fairly determined that the New Cornelia Copper company has two large mine the one open pit J- BT fee partlralmre. SEVENTH EAST STREET halt Lake City, t'tah. j WAGE SCALE CUT. PHOENIX, Arts. Copper operators of the state have put into effect a wage decrease of 5 per cent, tt was learned here today. The lowering of the wage scale cornea us a result of recent price decline for tha red metal, The will affect all employed in the copper mills and mines anil will amount to about 25 cents a Jay for each employee. With fewer than 30 broadcasting ..illona In operation Brasil Is estimated to have more than 15,000 I radio receiving seta. being resumed. Hole will be Kamp and Company WAKEFIELD AND COMPANY BROKERS Cl Salt Lake City Utah. Specializing in Wyoming Oil and Utah Mining Issues. Wa recommend Gebo Consolidated Company. Oil, Wyoming Drilling in recently. ta H. B. COLE, Holt Lake Htaek 1 well ................. GRANT AYENI K lomsiaoHy Hotel Bnlldlag Ogden, L'tah. Dim PROFITS Yes, indeed EXTRAORDINARY PROFITS have been made by INVESTORS who hare purchased Stocks Listed on the Salt Lake Exchange during the current year. For example: NEW QUINCY has advanced on the Salt Lake Stock Exchange during the past year from 30c to a HIGH of 83.25. WALKER MINING Featured an advance of from 75c to $1.25, and in our ion should see $10.00 before the year is over. NORTH LILY OHIO COPPER aonoc OS a & Co. Salta Members of the Salt Lake Stock and Mining Exchange. OFFICES: 157 S. Main Street, 129 North Center St. Sait Lake City, Utah. Reno, Nevada. 2906. Was. Telephone rsnrrrnlag Wa Phene Write Wlrs LA COSTE & CO. .. A Ceaverrallvr Brokerage OBOE 0 o Brash House M. Yea IV. O Q 0 MITT Malaaey ft naipaa;. Ik Mala Slreel. 1ST halt Lake I Ity. I tab. Gutleaieai Huston Bldg, alt Laks Wasatch Mil. radio the stark market earh night at 6:fS aver K9L, President o IS Causal t us Investments. - SALT LAKE CITY, UTAH 157 SOUTH MAIN STREET 30X30 La Coste $4.87V- profit-makin- Conservative House Urakersa 2I1-2- $4.00, reached g opportunities for those who Right NOW the market in alive with KNOW WHAT TO BUY AND WHEN TO SELL and we are in close touch with the MARKET. We make every eff 3rt to secure hot off the wire confidential information, and we would like ta share such information with our clients. In order that we may add YOUR NAME to our list, the only thing you have to do is to CLIP AND SEND IN THE COUPON BELOW, giving your name and address. A o at a high of $10.00. Sold as low as 63c, and then boomed to a high of quoted opin- We Ourselves Are In Possession of Valuable Information Concerning Several Meritorious Salt Lake Stock Exchange Stocks! ! ! ! halt Lake City. Ik, IS and Mining Ksrhanga OFFICE LORRY OF THE ATLAS HLflt K, gALT LAKE CITY. Wan. 4ML Telephone He give a dally review of the Hall lathe Mining Market earb evening pver hill 1, at UM p. m. Tana In and hear whol we have tu aay. ,. FRANK M. MALONEY & COMPANY Room 111, Atlas Block ree-re- rmhrro No. Western Mineral Survey pro-pe- Vf 21X2 ... .. ,. FOR SALE 81 EACH A YtHHb TO HERA . EAST PARK CITY. DISTRICT Heavy Bound Paper 20 in. x 15 in. report f tke market I eirnag au4 sM lave rkaaaed until the uuderfeae deal lavelolug the Knight lelereel It is roe xterk are la trwoot. rr hr tke Interaatleaal, heare tke Streaath red hare been takea la Big lllll. Empire Mlae and Tlutle Central. All at these atarka hare gaad paulbllltlra at devrlaplag Inta mine aad the slot aura n Crown mine, has been In full charge of th operations sine April 1L It waa hla recomba mendation that operation centered on th 300 and 209 level, because of Important dJacoeerJea which he mad. By every sign of geology, upported by the ore shipments already taken from th mine, a large or body He ofa vhort distance to the south tho present shall ou tho lul level. 512 Templeton Building Sait Lake Ctty, Utah. Address City the Petersen, 1. CLAIM MAP are plrklng them up. We still any tkal Lefcl Tlutle and Tlntle Empire the North Tlutle favarltea ahnuld he beuuhf. We Inhare It tram sood aalherlty are Improving Iheqr prnpertlt with that physical raadlth-uevery shift. We predirt right aew that these stork will aril higher neat week. Mew Ctulnry I In gaad demand aad wa aay thl Mark will sell klsker. Mlae renditions at tka .New ulary or Impravlna aad tkln atet-la la tka dividend rlaa ta stay far a aood lag time Eurck Lilly and Haitian continue ta ke In good demand usd are keldlng firm at price that we think will remain about tka nmi until further developments are reported. art tv tty and lata of dePnk (tty la the nreae of considerable the new properties maks velopment work Is using on. Should any of rt storks. a real strike It will boom all of the of HI. Hair will taka rharat ot the Lakr Hi aoderatond Nrlo at I'phlr Immediately. Mr. L. ti. Ilnrfoa. Den. Klllaraey Property ood H. Mlaa Surveyor hoa Jaxt completed o server of the property I. makes a very favorable report. This property should b In the list In the near future. We reeommend this Mock. shipping If I reported tkat the drillers are an the around at the f at Eaule and wnrh should start there Immediately. tompaay keep pasted aa what la using on In the (ale AUen and are In a pealltan la advise and nerve you. They want properties your business. Drop In at their office tu the Lobby of the Atlon Nlerk. H Curry listed storks an a eunserraflv maralu. Mr. George chief engineer and mlna superintendent of tho Beaeer FINANCING CORPORATION Naina Crescent Ofl Syndicate- - McCarthy No. 1, Crescent dome, eectlon Drilling at depth below 1126 feet. Continental on Company Well No. 1. Boundary Butt structure, At last report section was drilling In gray lime formation below 4823 feet. This well la being deepened to thoroughly teat tha Pennsylvania formation, a email flow of oil coming from the Bhlnarump sand having been caaed off at about 1800 feet. Western Crude OU Company has been erected on National location for test well on Cisco Springs structure. 10 miles north of tha town of Cisco. Continental-Sen- t Fo Company Rattlesnake No. 17, secUon New Rattlesnake dome. Mexico, a short distance from the southeast corner of Utah, continues to make a heavy flow of oil from Pennsylvania sand, encountered last week at a depth of, 6771 feet, the flow being estimated; at 1500 barrets. Hole is being un-- 1 derreamed from 6500 feet to 6760' Inch casing will he) feet, and 2 lowered to shut out salt water through which oil la forcing its way. The new strike, which defPennsylvania initely proves th sands to be oil productive In the Bun Juun district, has attracted nation-wid- e attention end will: ambitious! in an result undoubtedly drllllg campaign to test out the deeper Pcnsylvanla formations. Western Ventura Corporation No. 1 well, near Vernal. This well struck th gas flow at 1200 feel in what la declared to be the top of en oil son 500 to 600 feet, thick. A pressure guage registered 240 pounds and was still going up, according to E. R. Lovewell, president of the Western Venture corporation. when he left the field os tbe market nf last week, rnadltlnaa aeem te ur 1S2S un- deeper. SLA YT OX THE MIMYG SHARE MARKET. AS OF MAY 2ND. IMP. HI nee BEAVER CROWN MINE AMERICAN Data ft Oil Digest far ala months, free of charge and without any obligation. derreamed to bottom and 8 4 Inch caning set before drilling COMPANYS COLE-ALLE- N At 10 Cents a Share KAMP AND COMPANY, Denham Bldg Denver, Cals. tn Please srud ma yaur Monthly Mining : 7 Walker Bank Building. -1 DENVER. COLO. 92 Denham Bldg. ; Telephone Was. 1861 and 3831. NORTH TINTIC MINING STOCK nt A number of atoekholdere have recently vUltedi the have hed the property-an- d direct from Jdeaaure of getting Ihe latest on the development of the property. These stockholders have Inrreesed their holdlnax and are highly pleaa-c- d with what they saw. USE THE COUPON BELOW pro-gre- aa 200,000 Shares Walter If. Voyles at 9. Headquarters fee Mlalaa Laaipaalea a ad Males Machinery Menace Settable Offleee Far Heat Held tril. Rllvrr.write saturated ot Phillips Petroleum Corporation Well No. 1. Barrier Creek dome, action Drilling recently at 4975 feet 1h shale after penetrating stratum of hard limestone. Hole la full of water, making alow, and casing may ba run. Boulder KnqU OU 41 Gaa Company Endter No. -- 1, Boulder Knoll struclurr, section Bottomed on top of Shlnarump and at 2440 feet Still making strong flow of wet gae. Operations 4ALT LAKE CITY IIO,QMMM, Ute Gold Mining Westbrook-Thompso- n Mayflower Mines Monarch Royalty Bonanza Gold and many others USE THE COUPON BELOW Star of Utah Cisco dome, section No report has been received from well since the drill 1. send and was drilling In shale 2835 feeL why st Air. Petersen found, by careful surface checkinmost of the of the fissure In which oust work has been done and the of all from which nearly been have past shipments made, that the greatest or shoots lay south of the Incline xhsft. Ore wa found on l le surface along the strike nf Ihe fissure for over one thousand feet and th fissure to ranqet In width fromhaafive been eight feet. A drift started towards the ore body in thin vein on the 100 foot level. They are now drifting at the rate of about eight feet per day. It la estimated that the nbjectivn wll be reached within approximately two hundred feet. Published monthly. Sent free for six months. NO OBLIGATION. Gives reports and quotations on feet In conglomerate shale formation, after fighting cavey and heaving hole for is week. Klow progress being made on account of cavey condition of hole, but trouble is hcltig overcome. Navajo Petroleum Corporation DOOLY BLOCK preprrty far d Mining and Oil Digest 3780 the other underground. Tbeae tonnages not only :tify Increased milling capacity, but The' wife of a workman at San make It necessary to the moat Fernando, Spain, recently gave economical result. birth to quadruplet three girls New water at the well, te the and s boy. quantity of 2,421 gallons per minute has been added as a result of drift that have been run recently. This development will continue until an estimated 7,000 gallons of new water have been developed. alack In rapper, Capi-lalse- h is Indicative of a considerable per-iof price stablli'y. All sales In the east have been at the 7c per pound level; In thn middle west the price appears firm at 6.80c. Weekly average. N, Y. lead, 7.00c; Mt. Louli lead. 6.804c. Again this week only a few hundred tons of sine, have been sold. Most of th producers continue to quote 6.30c, tit. Louis, but their sales are confined to only an occasional carload. Others have sold for as low as 6.55c. hut interest at that level Is equally small, us consumers are covered for their nearby requirements. Weekly average, St. Louis, sins, 6.603c. Tin Weakens. Tin experienced another slight relapm during the fast week, though today's quotation reveals little net change for the week. Support from the London 'group has been Ip evidence recently, though there hse been little change in the te of consuming demand. Some Interests In the trade feel that the market will nee, a great deal more support than It has had if prices are to be prevented from Tallinn further. Weekly average. Straits tin, 43.679c. During the past week lower rates for China exchanges with sales from that quarter have had a further depressing effect on silver, the Aew York market touching 64 on Apjrll 26, the lowest price quoted since September 2. 1927. The market is quiet and featureless, with an uncertain tendency. Weekly average, .New York stiver, 64.933c. 10 Measomis Yrane. petroleum folo-giof Long Beach and Loa California, makea tha atate-methat sufficient ma for operating purposes may ba expected at a depth of 600 feet and that commercial production of petroleum will likely be encoun errd at Ison feeL Well location, 8W 4 rir-tatlo- n Elk-hor- e, i. f. Weekly aver.iee. 17.775c. will proceed cautiously, a it Is believed that any screw may open up a commercially productive oil IDAHO FALLS Text of the hurlsun. Haturated oil rsnda have 18 structure. leen passed through In tills well Meadow Creek mile northeast of Idaho Falls, by from 127u tu 1200 feet tha oil cunipuny, subsiWestern Venture corporation, diary of the California company Spahr well No. 1, located eight proceed rapidly at Bovenuen No. miles southwest of Vernal, on the 1. 8W 2520 Vernal monocline, la now down feet. Formation now depth drilled bvinq 1160 feet, farrylng 6 Inch cas- in limestone, being a inemls:. of ing. Several showings of both oil mwur and gas have been rrcenlly en- the Thaynee group, countered and production - expected urouil l30u feet. This well At u depth of 2200 fed, Norton Is under contract to O. K. Rhlne-smitBros. Oil ft Gas have formerly field superinten- drilled Into u sand company which Is flowdent of the Midwest Oil Refining of over th top the cascompany. In Wyoming, and is ing water ing with con.lnuoua coloring, at drilling day and night. their teat of thn Arimo structure 75 miles Mouth of Idaho Falls. (OMPANY ORGANIZED. Work la proceeding towards makTO MINE IN PARK CITY ing a shut off which when sucn Another company, the Kart cessful leads tho Cumpany to beMining company, has been lieve that further drilling will iganlxed to develop acreage In bring them into production and l ho East Park City district. incidentally .In firstIs productlng for 1.500,000 shares with a well also alight In Idaho. There cents a par value nf twenty-fiv- e of aaa analytic report of 1900 showing share, the company holds received. which haa not hern acies, adjoining the Turk Berg to the North, The Park Rerg Is conThe Grand Teton Oil Company tiguous to the Turk Premier, the and Btandard Exploration Coml'urk Nelson anil the Park Konold, pany are again making hole In controlled by International also their test of the Horseshoe strucSmelting Interests. 40 miles northwest of Idaho Offlirs and directors of the ture A depth of 76 feet has East Elkhnrn Mining company are' Falls, been reached with the bit now W. Snyder, president; Alu part of tho Fronlred Lambert, Guy In grey ahal',I tier Upper Cretaceous. formation, secretary-treasure- r; John Snyder, transW. Guild; 11. Franklin Lambert, Due to recent severe storms portation of repairs, supplies and Jr, Oil company made a trip of ion to the well over tin lust week end and reporta rapid and efficient operating progrceo. Air. 1- -4 i total Intake, but there nr- - n is urriii dlcatiou that thi .them. Willi the liirsffi Bii.pliex ex- aailii,,lp. cupper buy pectr'l to era may rrnnii! ihclr femu r practice of buying fer delivery liuslile of 6l day. In wliMi case liurini teem unlikely to pick up much before June. Foreign rales in April were exceedingly email, the export market being much quieter market. even than the il.nni Quotation are unrh.iugr'l or 18. 30c Weekly Log Of Idaho Wells MAY 3, 1929. additional equlimant lo tba wll hua been accomplished with difficulty. Frank Waller of Portland Oregon, fiscal agent and on of tho of tha Grand Teton may sea4 me ynnr market LEGITIMATE MARKET I'RillTIv . whatever. fur It DAYS -- lilr la understand First Utah Mines are the biggest and best producing mines, both from a production and dividend paying standpoint, and the longest lived of any in the world. Second Tintic Mining District ia one of the oldest, and biggest and best producers in Utah. Some of the best and biggest having been producing for fifty years and still going strong, increasing with depth both in quantity and values of ores, and recent development is proving the ore zones extend both north and east Third The North Tintic Mining Company is right in line with the trend of new development to the north and east in the Tintic Mining District. This development started with the Tintic Standard, then the North Lily, Eureka Lily and Eureka Bullion and there is every reason both from a geological and engineering viewpoint to believe that the North Tintic should duplicate the record of the Tintic Standard and North Lily mines. Fourth North Tintic Mining Company owns 411 acres all patented, lying in the heart of the new development in the north and east Tintic Mining District, and is managed by both able and honest men yvho have the respect and admiration of everybody that knows them. Fifth North Tintic Mining Company is capitalized for 2,500,000 shares, par value $1.00 of which are in the treasury insuring ample capital for developing a big mine. Stock is non assessable. Sixth There is only a limited amount for sale at 10 cents a share and when this is sold the next block sells at 15 cents; then 20 cents; then 25 cents; then 30 cents. Buyers at 10 cents a share will be lucky. Seventh Three of the leading geologists and mining engineers of Utah have examined this property and are unqualified in their endorsement of the property and this view is that of practically every mining man who is familiar with the North Tintic Mining Companys property. Eighth' Twenty of the leading mining companies stocks of Utah have shown an advance of seventy-fiv-e millions of dollars in the market value of their outstanding stock during the last year. Not so long ago you could have bought Tintic Standard, North Lily, Eureka Lily. Eureka Bullion for 10 cents or less, and Tintic Standard today is selling for $14.00 and North Lily at $9.00 a share, and others up in the dollars. Buyers of the big profit making stocks had both vision and nerve and that is what it takes to pick the winners, along with a little judgment. Ninth The way to make money in mining stocks is to buy in a company like North Tintic when the stock is starting off at a low figure,- and North Tintic has everything to make .it a big successful mining company and that quick. Tenth Owners of Utah Mining Stocks have realized many millions of dollars profit during the past year, and a large part of this profit was made in the Tlntic District in which the North Tintic Mining Company is now operating, and there is every reason to believe that this company will make the big money for investors in its stock that has been made in Tintic Standard, North Lily, Eureka Bullion and Chief Consolidated. North Tintic owns its 411 acres of patented property free and clear of all indebtedness, with money in the bank, ideally located for big production, with development well under way, under the management of well knbwn and experienced mining men who have the confidence of the public wherever known, and there is every reason to believe that North Tintic stocks at 10 cents a share will make investors big money and that quick. Conclusion You see other people without any more ability than you who have been making money in this Utah Mining boom which is just in its infancy and you wonder why you have not done the same. The reason is that you saw the opportunity, and for 57 different reasons you did not grap it. I am offering you the real opportunity of your life and why not take it. I have an interesting map of the Tintic district showing the location of the Chief Consolidated, Tintic Standard, North Lily, Eureka Bullion, and North Tintic together with interesting reports by three of Uahs leading geologists and engineers which I will mail you free on request. IT COSTS NOTHING TO INVESTIGATE. IT WILL MAKE YOU MONEY. ou can buy North Tintic stock either for cash or on 5 equal monthly payments, and if bought on payments now you will see the stock selling at a much higher price ljefore your payments are completed. - JACK DORON uraii. ter I am that this plarrs lalerr-te- me d In an4er sa M IK- - afcllae-tla- a 517 ATLAS BLOCK Salt Lake City, Utah JACK DO ROY, IT Atlaa Hlnrk all Lake City Find enclosed I payment In (full) (part) alvarea of North Tlnlle Minin J?r Company stock at 10 cent a share. If boushl on th five pejment plan will pay balanu In four equal monthly pay. nienta. bend full particular with maps and andnaera' report Name Address (Ity MONEY. Write me right now. You have everything to gain, nothing to lose. ONLY!!!!!: Cay THE BEST BUY IN MINING STOCKS TODAY FOR THE IS Mete Pbaae Kama AOddrce eeoaetaae ,, a |