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Show The Western Mlnaral Survey, Salt Lake City, Utah T Stock Deadline Cuts Use of Exchange Mining Funds Little Quotations Joplin ai L S. . JOPLIN, Mo. change ore market situation last week prices of zinc and lead concentrates remained the same. Blende continued in good demand at the base price of $70.35 a ton in the (Furnished by Edward L. Burton St open market, but Eagle Picher still was settling for $72 a ton Company, August 21, 1947, 160 South for zinc concentrates from ore Main Street, Salt Lake City.) Bid. Asked. treated over the companys Cen- Amalgamated Sugar Com. 9.75 10.00 tral mill. Call for lead concentrates was firm at $195.65 a ton on a metal contract basis,, with pig lead quoted at 14.80c a pound on the St. Louis , metal market These quotations furnished by J. A. Zinc concentrate production Hogle Company, 132 South Main Street, Salt Lake City. Utah.) for the week was estimated at AC 34 Copper 2584 tons, Up 244 tons from that AP Anaconda American Smelting 61 of the previous week. Shipments amounted to 3894 tons as compared with 3340 tons the week before, an increase of 644 tons. Stocks showed a further sharp decline of 1400 tons, reducing the Edwin Quotations courtesy total on hand in the mining field Vigne St Co., Spokani stocks Registered at the end of the week to only 2000 tons. Fourteen mine mills and two Dayrock . retreatment plants operated dur- Gladstone ing the week as against 18 ac- Orandview tive concentration units at' the Hecla close of the preceding week. St Idaho Silver Louis Mining Milling Co.s cus- Independence Ex Div tom mill and that of the Maga-ju- pa Met. M. L. iieMMIM Mining Co. were dropped Metropolitan from the active list New Hilarity .., FRIDAY, AUGUST 3, 1947 J8 J3 (Eureka Lily Con. Mine Eureka Standard Eureka .27 .02 Gold Chain Great Western xGrand Deposit (Horn Silver xHowell Indian Queen Kennebec .04 .05 J6 - 12 Jl10 , .02 15 Kontuckj-Uta- h Keystone (Lakeaida Monarch xLeonora scuttle J4 02 .03 May J3 J8 Magnolia Lead (Mammoth Miller Hill xMlners Gold Missouri Monarch xMosoov Mt. City Copper .......a fountain Metals Nalldriver ... Park New . .05 J2 JO Vi J3 .55 J3 Kru- g- 17 1.47 .....aa.aa. Majestic aa.aaasa.t J3 J8 (North Lily Standard aaaaaa.aaaa J3 12 (Ohio Copper 01 Park Blnfham .38 (Park City Con. Park Konold .iimi.in J7 .08 Park Nelson .05 Park Premier 2.50 (Park Utah XNeW (NO. J2 .05 J1 JO J3 Ploche Bristol Plumbic Mines (Plutus (Prince Con (Prosper Mn( (Moo Argentine xRoyston Coaln. (Silver King Coal'n. 1.15 ....... ... Silver King West (Silver Shield ......... .04. 4.25 JO J6 J3 J2 J5 (Silver Standard Sioux Mines So. Iron Blossom So. Standard S7 .......... (Tar Baby;. (Tlntlc Central zTlntlc Lead ........... .. (Tlntlc Standard (Union Chief ........... Utah Con. ...... ........ Con. Oil ... Victor Con. ............. Swansea 01 Con. .05 .02 Vi J5 J4 J2 .11 J2 1.40 o. 2-y- .03 Western Alloys West Toledo SO (Wilbert J3 (Yankee Con. Zuma itieMiMMHMiMi 9 3.10 (Utah Id. Bug. Com. ... 10.75 (Utah Id. Bug. Pfd Unlisted Stock (Amalg. Bug. Pfd. Con. Wag. St Mach. Nat. Tun. Ac Mines (Utah PlreAc Clay (Utah P. L. Com. (Z. C. M. L ng 9.75 .45 .... .17 .... 83.00 21.75 5800 SALES OPERATING Com. Lead 1000 at 4. Cons. Eureka 2000 at Little May 2000 at Mew Majestic 3000 at 2500 at 16:2000 at 3: 3. at 1J0. Park 17. 3. 1100 (Kilo Copper 500 at 13. Park City Con. 200 at 38. New Park Utah 900 at 2.50. Silver Standard 1000 at Tlntlc Standard 200 at 1.40. 3. Utah-Wyoml- at 500 ng 12. NON-OPERATI- at 3000 Great Western ear ed J2 ............... .......... (Continued From Page 1) Materials Act of 1939 and later legislation. Owing to the success of the Bureau investigation, extensive exploration was later undertaken San Manuel Copper by the Corporation subsidiary of the Magna Copper Company, which, has announced plans for large-sca- le commercial production. Reserves were recently estimated by the company at 425,000,000 tons of ore. With an 80 per cent recovery from ore containing 0.8 per cent copper, this tonnage could yield about 2,720,000 tons of pure metallic copper. This is roughly equal to little more than supply of copper at the wartime rate of production of a million tons annually from domestic resources. Together with the recently-announcplans of the Anaconda Copper Company to mine 130,000,000 tons of l'per cent copper-beariore at Butte, Mont., enough copper has thus been added to reserves to last more than three years at the current annual rate of consumption. Terming these new deposits substantial additions to the Nations reserves of copper ores, Secretary Krur said, the exploration and development of these two large blocks of ore by private enterprise, operating alone in one case and in cowith Government operation agencies in the other, demonstrate the ability of the industry to add to our resources as ores are extracted. 5. THURSDAY, AUGUST 2, 1947 OPERATING 7. at East Standard, at 45; 6.at East Utah, at Leonora, at 2. 42. Mammoth, at 1J0. Park, at Park City Con., at 3. Silver Standard, Cardiff, 1000 at 8; 2000 at Cons. Eureka, 1500 at 17. SEC, Mine Operators To Hold Discussions 2000 Mining Spokane, Wash. Mondays will become a regular feature of the Spokane scene, it New was announced jointly by Day 38. 200 1000 Karr, regional supervisor at Seattle for the Securities and Croff, 1000 at 2. Commission, and Elmer (Indicates operating companies. E. Johnston, chairman of NorthWEDNESDAY, AUGUST 1, 1947 west Mining Assns legislative OPERATING committee. Moscow 1000 at Elwood V. Denney, securities New Park 400 at 1.50. investigator, will be here every Ohio Copper 2000 at 13. Tar Baby 1000 at Monday to confer with prospecTlntlc Btd. 400 at 1.35. tive issuers of mining shares. Also available to assist in qualPark Bingham 4000 at 1. ifying new issues will be a panel (Indicating operating companies. from the associations legal TUESDAY, SEPT. 30, 1947 membership. OPERATING 300 100 2000 100 2200 46. . NON-OPERATI- Ex-chtn- ge 3. 5. NON-OPERATI- Bristol Silver 500 Cone. Eureka 500 East Utah 100 at New Park 500 at at at 2000 11; 17. 44. at 11. 1.50. 3. New Majestic 1000 at Nevada Metals 3000 at 4; 1000 at North Lily 100 at 56, Rico Argentine 1600 at 1.25, Silver Shield 1000 at Tlntlc Standard 200 at 1.37; 800 6. at 1J5. NON-OPERATI- 3. Empire Mines 1000 at (Indicates operating companies. MONDAY, SEPT. 29, 1947 OPERATING . Chief Con., 300 at 1.00. Clayton Sliver, 500 at 48. Cons. Eureka, 1500 at 18. Leonora, 1000 at Miners Gold, 1000 at New Park, 200 at 1J5; 2400 Ohio Copper, 500 at 13. Tlntlc Standard, 100 at 1.40. 2. 2. 4. Three ways to end a dinner conversation: 1. Ask the lady on your right if shes married. Should she say Yes, ask her if she has any children. If she says No ask her how she does it. 2. Ask the lady op your, left if she is married. If she says No ask her if she has any children. 3. Ask the lady across from you if she has any ohildren. If she says Yes ask her if shes married. Polaris Sherman Sll Summit . . . , Sunshine Bun. Con. Tamarack United LZ ..... Unlisted Stacks MeGUUvray Whitewater Sales September 29, 1947 Monday Board Sales Registered Clayton, 500 at 49. Sherman, 200 at 45; 500 at 45; 500 at 500 at 500 at Sll Summit, 200 at 1.45; 100 at 1.45; 45. 45; at The D. C. WASHINGTON, policy with respect to the pay- ment of exploration premiums resulting from the- expiration, of the premium price plan has been revealed by the office of the pre10.00 Amalgamated Sugar Pfd. 9.75 54.00 mium price plan. First See. Corp. Class A 52J0 14.25 13.75 Mountain Fuel C. O. Mittendorf , director of 14.25 13.75 Utah OU Refining 22.75 the office, said that applications Utah Power St Light ....21.75 89.00 86.00 Z. C. M. L for exploration premiums which have valid dates- prior to June 30 and which have not been acted upon will be processed as soon as possible. He added that most of this work has been completed. 44 HM Homestake Mining after Applications received IN International Nickel 28 KC Kennecott Company ........ 45 June 30,' the expiration date of 44 JO St. Joseph Lead the plan, will not be processed. 42 PD Phelp Dodge However, in the case of projects' already authorized, minor revisions will be made within the sums previously approved. An example of such action would be where- a mine operator has a preUnlisted mium authorization on a certain Sidney. 200 at 4.13; 200 at 4.08. MARKETS such as to drive 1000 feet project, The following securities are neither a along special drift, but has listed nor admitted for trading privileges found this unproductive after he on any national securities exchange. Btocks has gone 500 feet. Application Alpine to abandon this particular drift American Silver and explore another in the projAsurlte J5 ect may- receive consideration Big Creek Apex Callahan Con. when it does not involve payCaledonia ... ment in excess of the amount auC. D. A. Mines .......... Chester thorized. 1.48 .05 Crystal Lead The office of the premium price 11 Douglas Oolden Age has set its sights on final 1.00 plan Gold Bond 15 liquidation about Oct. .17. EngiGold Helm ............a. neers attached to the office will Gold Mess ............. .11 Hopesilver complete their work in two High Aurora . weeks and satistical personnel .42 High Surprise are expected to be retained two Hunter Creek weeks longer. Hypotheek King Mining Of the $100 million authorized Pine Creek ....... .01 King' for the 'year ending June 30, Lexlpgton ' Liberal King .03 1947, the office estimates that $6 Lookout. Mt J6 million .will be expended. .70 Lucky Friday - - - - - . Sidney 400 ate . ...... 45; ri-St- Mines Hold Firm Output (Nominal quotations furnished by Bun. Con. . . Richard C. Badger Company, 310 Kearns Silver Dollar A Building, Salt Lake City, Utah.) Bid. Asked. Silver Dollar B Silver Syndicate 2.60 2.73 4.25 3J7 Equity OU Bingham Development Madison Mines .06 .07 was noted in the (Utah-Wy- October 3, 1947. 1.45. Lucky Friday Ex Merger Mineral King Morning Glory Monitor .05 ............... New Strike Nabob Reported at Silver Dollar Nevada Stewart Ottawa Paramount Pilot Sliver Sun Con., 100 at 1.09; 100 at 1J9; 100 Plslnrlew at 1.09. Reeves Macd Unlisted Sheep Creek Fend Oreille, 100 at 1 JO. 811 Bowl Intorsesstan 811 Chieftain Registered Butte Highs, 2000 at 811 Dollar A 200 at 90. Sll Snydlcate ' Dayrock, Oolconda. 800 at St. Elmo Hecla, 100 at 10.80; 10 at 11.00. Success . Idaho Silver, 6000 at 5. Sunset Mineral Met A, 500 at 24. Thomas Cons Mineral Mtn, 100 at Utica Sherman, 400 at 45. Wellington Sun Con., 600 at 1.12. Whltedelf United La.f 2000 Yak. Shoshone 5. 10. 19 ........... 14 .17 1.60 SPOKANE, Wash. 2.60 property. Silver Dollar. Mining aaaaaaaaa Mining Glossary Republished by Bureau In response to urgent demands for Albert H. Fays Glossary of tha Mining and Mineral Industry, an authoritative dictionary Dol- Co. has just declared a dividend1 of 3c a share totaling $56,000!: 37. 4. Silver lar Mining Co. shares scored an important advance this week on reports of a rich strike in its some of the old terms have become obsolete, the foreword states. The Bureau, therefore, will welcome and appreciate comments from suggestions and users of the ' glossary with respect to changes in definitions and explanations, as well as the inclusion of , new words and phrases. It is hoped that, with their help, a new, and improved glossary can be published at an early date. " Copies of Bulletin 95, A Glossary of the Mining and Mineral Industry by Albert H. Fay, may be obtained for $1.75 each from the Superintendent of Documents, U. S. Government Printing Office, Washington 25,. D. C. It is not sold by tha Bureau of 1 payable Sept 9 to stock of ree4i ord Aug, 21, according to C.' O. Dunlop, president This Silver Dollars current yeairbrings dividend record to $112,500 and the grand total to $232,000. Silver Dollar is jointly interested with Sunshine and Polaris in mining, the Rotbart area, a block of ground some 500 feet in. length which .is, considered the richest block of ground of like dimension in the Coeur dAlene district, and is the source of dividends for principal four different mining companies. ' Silver Dollar is sinking an independent shaft to open the vein system in which the Rotbart area is located several thousand feet east of the known productive area. This shaft was completed to the 2400 ieet level, when supplies and manpower conditions became so short as to cause a temporary suspension of the work. Operation on this, phase of the development has recently been resumed and is now. going on down to the 3000 foot level,, said to be the location of the. new ore discovery. containing some 20,000 technical and local terms, the Bureau of Mines has republished the original work which has' been out of print for many years, Secretary of the Interior J. A. Krug announced today. Copies now may be obtained for $1.75 each from the Superintendent of Documents, U. S. Government Printing Office. Washington 25, D. C. In ame comprehensive volume, the glossary presents the standard-technical .terms, together with the provincialisms, relating to metal mining, coal mining, Mines. quarrying, petroleum and natural gas production, metallurgy and geology, and the names of common, useful minerals and rocks. It also contains many Mambare Soil lokeKaw York Slock ExchangoaN terms relating to ceramics and the clay Industry, glass making, WE SPECIALIZE IN MINING STOCKS PRIVATE WIRES TO ALL MARKETS foundry practice, railway and building construction, electrical 133 MAIN ST. XIESEL BLDG. Installation and .power-pla- nt Salt Lak Oqdn equipment, and chemical terms concerning metallurgical practices. Complete lists of terms for each of these allied Industries E. are beyond the scope of this 619 NEWHOUSE BUILDING, SALT LAKE CITY, UTAH glossary, however, and paleonMEMBER SALT LAKE STOCK EXCHANGE terms omitbeen have tological INFORMATION FURNISHED ON UTAH COMPANIES ted : because they are far removed from mining and metalORDERS EXECUTED ON ALL EXCHANGES lurgical operations. Telephone In reprinting Fay's original work of 1918, it is recognized that new terms and expressions have come into the language; new usages have been ' applied & to some of the old terms; and STOCKS COMMODITIES BONDS . . . - J. A. HOGLE & CO. H. HAVENOR & CO. 57 Any how do you account for at 1J0. your recent defeat at the polls, Senator Glumly? We have it on good authority BOO at 13. . I was a victim. that the addition of a glass of A victim of what? beer will improve tha flavor of Crescent Eagle, BOO at 1, Of accurate counting, a pinch of salt. (Indicates operating companies. URE, PETT MEMBEBS Salt Lake Stock Exchange Utah-WyomiNON-OPERATI- , MORRIS WJ Chicago Board Tirado Ottr. UTAH MID SO. Chkmqa MorocmUlf Enkcraqo POCATELLO. IDAHO IDAHO rJUJJ, IDAHO 334 WEST BONNEVILLE 411 B STB! -- |