OCR Text |
Show January 23, The Western Mineral Survey, Salt Lake City, Utah Demand For Oil Leases Shows Increase EXTRACTION . . . U. S. Continued from Page 1 cubic foot of natural gas withdrawn from .the ground in 1951 two new barrels of oil or cubic feet of gas were found or developed. What about the picture' for metals? The United States is using them at a rate never seen before. Two world wars and the present unhappy need to build arms have used tremendous amounts of iron and copper to name but two metals in demand. Our steel program calls for annual production of 120 15 million tons million tons more than we turned out last year. And, to meet our new needs, we plan to step up domes0 tic production of copper by tons, of zinc by 230,000 tons and aluminum by 700,000 tons. Can we say that wfhat as proved true of fuels is proving true jof metals? Smelters Increase Production of Zinc in 52 1953 Looking Ahead Continued from Page 1 servation. In this connection Demand for oil leases on state elude both primary and second- the Institute stated: lands is increasing steadowned ary slab zinc production at dore"Substitution which E. Young, executive secLee may ily, mestic smelters and refineries. GEORGE S. BENSON By State Land Board, Utah retary, Since Jan. 1, 19484, the output of sult in improved products or HIGHWAY ROBBERY! said. all regularly operating plants reduced costs is understandDr. Harley L. Lutz, professor oil lease appliTwenty-tw- o has been included in these fig- able. This is a competitive mat- emeritus of public finance, were cants ures. They reflect the total ter. by the processed substitution Princeton University, has just land board Friday and one However, United States production 'of slab concluded a series of lectures for oil agreement was zinc, with the exception of un- which results in imperfect end at Harding College under the remelt products giving unsatisfactory sponsorship of our new School approved. and reported production which is relatively performance is harmful and un- of American Studies. The involved The insignificant in quantity. These economic, particularly when theme of his series was Lets lands in the Grassy Trail Trek statistics cover all grades of area east of Price. Of the 5662 Government Back slab zinc produced from domes- there are ample supplies of zinc Bring naacres in the unit, 1200 are one the of He is Home. tic and foreign ores and secon- an dthere is no need to curtail tions foremost authorities on dary materials. Iiqported slab use. If oil is struck anywhere in public finance, taxation and zinc is not included. Stocks at substito continue and what he pro- he unit the state will receive 'To urge government, Dec. 31 represent producers tution when supplies are ample posed would affect the pocket-boo- k ts proportional share of a roystocks only. Consumers stocks American. The alty of 12 and of per cent on hand at their own plants are may also result in curtailment substance every is of the production. It receives said he of what of production, which in the case not included. worthy of the attention of all 50 cents per acre per year on all Because of the prevailing con- of zinc would be the very oppo- citizens. oil leases regardless of whether for ditions, it is difficult to make site of true conservation. he said, is or not oil is found. It necessary, close estimates of 1952 consumplocal govand their states Mr. Young reported that this METAL PRODUCTION the, tion on the. basis of the ten recover was the to units ernmental The metals we use most 40th such Slab zinc production in 1952, months' figures in hand (Table from the federal government iron and aluminum entered into by the board. this much 'can according to Institute figures, certain public service responsiare elements second only to V).- However, rate of consump- averaged 2626 tons daily or a to- bilities and certain tax sources, said: If the oxygen and silicon in their be tion estiduring September and Oc- tal of 961,200 tons. In the pre- because abundance. It has been is used as a yordstick for vious tober 1. The federal government is mated that here is at least 5000 3 year, the total was esof balance the the the Government oil, gas, coal, and too big. It is so big and comyear, times as much iron ore, bauxite of or a tons average daily 1952 will total be about leases of public lands efficientcannot timated be that it crust grazing in earths the plex alumnite and 8 2553 tons. In tons. 1952, March, When all 850.000 the figly managed by any man or during the first six months of as the world now uses annually. ures are in, it will not be surwere tons the can of men. he 1952-5- 3 fiscal year will net metals most group produced, largf Furthermore, no find to brokrecords est mothly tonnage since March 2. The burden of its cost is the state of Utah $39878, it was be reclaimed after use and used prising Wilh en. the exception: likely , a now a greater load than the announced today. again. of brass products, 1952 consump- 1944. However April, with economy can carry and remain Bureau of Land Management .We take aluminum for grant- tion in each division of use will daily average of 2767 tons, rep- prosperous. officials said that collections ed these days. It currently costs fail to equal 1951 figures. But resents the largest production FREEDOM AT STAKE since made July 1, 1952, from about 18 cents a pound. Yet this, as. previously suggested, is rate since the 1944 date. 3. The steady pressure for govemmentriasued leases total when the Civil War started it attributable to the steel strike, Interruptions in smelter op- more power to regulate and con- $1,209,729. sold for $545 a pound. U. S. the efects of which, particularly erations during 1952 were limit- trol is a growing menace to inThe state receives 37 Don-or- a per production' now amounts to in the case of galvanizing and ed to .the shutdown of the dividual and civil liberty. cent of all royalties and rentals smelter during the steel about 800,000 tons a year, and die casting, could not be offset 4. The increasing concentraof public domain. Some 52 will even with the exceedingly good strike in June and July and tion of econplants under construction If and political power it rate of consumption which has curtailment, due to power omic control in the federal gov- )er cent of the collections go to almost double that figure. ever becomes necessary to find followed and which, incidental- shortage, at the Silver King, ernment is destroying the econ- he commission fund for the substitute for bauxite or alum- ly, is a much better measure of Idaho, electrolytic zinc plant omic and governmental environ- state, and 10 per cent to the U. nite ores, chemists seem confi- current operations. commencing in September and ment which is essential to the S. Treasury. Of the aggregate soon to be dent they will be able to proThe price of slab zinc which continuing through the re- survival of the American sysfrom oxide the of mainder year. duce aluminum at Jan. 1 was 19.50 cents per tem of free enterprise and to the paid to the state of Utah, slab zinc aluminum-bearintotal was colleced from oil and The shipped preservation of the American clays. pound East St Louis for Prime 4 was extract 1952 to in smelters from The first plant Western grade was reduced to constitutional system of a union gas leases, $62,148J0 for coal, tons, which failed to equal of states. and $21,310.21 for grazing permagnesium oxide from sea wa-11 17.50 cents on June 2, 16.00 cents 6 ter went into operation only on June 5, and 15.00 cents on the previous years total of Governmental power, said mits. H. Byron Mock, regional of a was a with way tons and long capacity 18. ago On 7 June was Dr. there administrator, reported years Lutz in his key lectur Aug. e 1 record of 90.000 tons a year. Magnesium a further reduction to 13.50 from the the Harding student body, States cents, shortly thereafter a retons established in 1950 all production in the United exceed depends upon control of fito the nances. for 1952 is expected to covery to 14.00 cents and on of which is chargeable It takes money to op- Metal Show reThe future stee the strike. tonnage for As 12 tons. 14.50 to 100.000 cents. On erate and the greatest power to Sept. The 1953 Metal Powder Show theres a lot of water in the Sept. 18 there was a decline to ported here includes shipments will be where there operate is and Ninth Annual Meeting 14.00 cents and on Sept. 22 to for domestic consumption, for the most money. The concensea. 13.50 cents. The varied export and drawback, and for tration of power in Washington sponsored by the Metal Powder account. Smelter is shown Titanium, lighter than steel between these twoprice figures for Government by the growing federal Association, 429 Lexington Ave., 7 highly about two weeks. Then Dec. 31, 1952, were at stocks stronger than aluminum, on Oct. on tax sources. New York 17, New York, will is one of our 11 tons compared with 21,901 stranglehold t eslevel the was has GROWS and IT be held at the Hotel Cleveland, most abundant metals, tablished and on Oct. 27 the tons at Jan. 1. Imports of slab have "In we the federal share was 1913, What Cleveand, Ol, Apri 20, 21 and 22. long been known. zinc in 1952, reported in detail 33 was further to reduced price it out extract cent reof to tax total per not known is how period 12.50 cents where it held at the for the January-Octobe- r to ceipts of $2 billion for all purfrom the earths crust at a end of the year. to the probably added supply econIn 1938, it was 41 per the same year the federal govit make cost which would a slightly larger extent than in poses. zinc in on futures e Prescent use. out of a total of $14.3 bil- ernment was taking $808.4 milTrading omic for large-scalthe previous year. Exthe New York still lion. are 1953 it will be 78 per lion from the states in gasoline In Commodity ent extraction processes Production at domestic mines economi-icawas which l cent out of a total of $90 billion and oil taxes. That means the change, suspended in 1952 will hardly equal that expensive, but a more on was 27, resumed 1951, July method is being developed. half of the of taxes collected for all pur- states lost $330 million in taxes on June 23, 1952, Trading on the of 1951. In the first an av- poses. In this period to the federal government in were With almost every metal the London Metal Exchange was re- year, operations rate ofatapproxi- the federal share ofall taxes paid this field alone. Very few states erage monthly sumed on Jan. 2, 1953. story is repeated of widening tons which indi- by the people has risen from 33 would have chronic highway fiThe National Production Au- mately an60,000 use, of the discovery of new increase of about 7 per cent to approximately 80 nancing problems if they could sources and better methods of thority released zinc from allo- cated get the federal governments the per cent. extraction. Here, as in other cation, delivery, and use con- per cent for 1952; but with a This is of hands out of the state highway set facts. striking reduction in the price, curtailfields, research and ingenuity trols on May 15 and from in- ment shows It the that people tax till. One governor whom I nd shutdowns of marginal areclearly control of have been great multipliers of ventory controls on June 30. their losing polit- know calls it "highway robsoon became noticeour natural resources. Cadmium was released from properties ical and the bery! purse; The march of materials prog- NPA control effective May 15. able in all regions and the purse,, incidentally, is political The highway tax situation is getting production to ress depends not alone on the Following these dates and ex- monthly average tons. a be share earnof their just one small example , of large The continued expansion of scien- cept for Office of Price Stabiliz- dropped to 50,000 Four-fifth- s tax of When we money what's happening. .Han- ings. tific knowledge and on indus- ation regulations and export li- Empre Zinc Companys now to all And the Dr. Lutz goes Washington! weigh facts, New Mexico, in. trial daring and managerial skill censing rules of the Office of over mine resumed as this of the Lets Government theme, channeling money Bring operations but also on political and social International Trade, both zinc which had 15 months out of the cities, towns, and Back Home, makes good sense. a 27 after on Jan. controls conditions. Governing and cadmium were free of Govsimply havent the money strike, closed both mine and states and monopolies, currency re- ernment control. do the things they ought to to 11 lack to the due mill on Oct. strictions, abnormal tariffs, and for themselves. It is WESTERN MINERAL be About ore "Facts doing Zinc, published of sufficient custom for wars have sealed the doors to a vicious Decemlate in Institute cycle. the at Strikes occurred by SURVEY many storehouses of useful raw ber, 1951, and reprinted in the milling. AN EXAMPLE Tintic and the in mines several materials. Review of the Zinc Industry for Park City regions of Utah durMost of the state legislatures or Telephone: Entered m aecond due matter at Salt The basic requirement for that year, anticipated the early ing late June, July, and August. will be convening at their capCity, Utah, under Act of March 3, progress is freedom freedom to balancing of zinc supplies and Shutdowns due to the low met- itals this month to wrestle with Lake 1879. AuEvents venture. of to were announced the in to how make provedi to al the requirements. problem think, prices inquire, Subscription Rates: 84.00 for tve 83.50 for one year and 81.80 foi To the free' man, all things are that the Institutes statements in gust in Arizona, Idaho, Illinois, .state tax money available. Lets juare, lx monthe. and were sound elsewhere is Most the an and Please this take states respect mention Weatern Mineral Sure Utah, Wisconsin, example: possible. Opportunity when writing to advertiser. Adrsrtlslni usef in months conservative. two are to and the SepA can which it However, wand impossible change finding keep rate on application. less into the useful waste into tember, 1952, it was found nec- strike at the Edwards and Bal-m- up with the expanding highway L. M. HILL. Business Manager tible essary to publish "More Facts mine of St. Joseph Lead needs. raw materials of great Dr. Lutz revealed the main resources. It is the About Zinc and What Is True Company terminated on Sept. ox in Intermountain Section, ueveiopment of in reason Conservation? for by Tb 15. true. months this A strike published at four is In the unlocks spite 1952, greatest that why Weatern Mineral Surrey. key e AU pews in the Wester appearing operations of St. the federal government "grant- Mineral energy source of all the infi- ample zinc supplies, substitu- the Is obtained from source tion programs continued to be .Louis to be reliable, but no respons Smelting & Refining ed the states $471 million for jKdlwd Surrey nite power of the human urged under the guise of "con Company ended on Dec. 8. highway purposes. But during kllltls assumed for accuracy of state unit-agreem- off-gra- ent . de unit-agreeme- nt state-owne- d. $314,-319.- 81 225,-00- to-dl- one-hal- f ay unit-agreeme- nt . - Lease Incomes 931,-83- 85,-02- -- . 1 . . - g 896,-11- 918,-81- 995,-69- all-tim- . , 86,-98- heat-resista- nt 13.50-cen- 40-ye- ar . - 45 one-hal- at value-exhaus- Tri-Stat- |