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Show Pafe TIIE WESTERN MINERAL SURVEY 4 9BB Cataract Shares Face Exchange Corporation have voted to spin- MINING shares continued in off shares in Y mittee. Industry figures and em senators made a strong case for protection against excessive impohts of the metals. The Committee urged 5 cent a pound maximum tariffs instead of the 3 cents for lead and 2 cents for zinc caleld for by the Interior Secretary Seaton, COM-- 1 big de- - mand and reached a new six- - year high of $13.75, which rep- an advance of $5.64 a share since announcement of an oil strike on the Washington coast Wednesday of last week. . .Near- ly $4,000,000 worth of Sunshine stock changed hands in the last CONTINUED PURCHASES of seven days 27,000 shares worth domestic lead pd zinc for the $333,600,400 on the New York Stock Exchange and 302,200 shares Strategic stockpile through the months at least were valued at about $3,626,400 on the New York Stock Exchange. . . This formally authorized by the gov-- is virtually the same volume as ernment. for all of last year, when Sun- URANIUM INSTITUTE shine sales totaled 330,000 shares OPthe AMERICA has scheduled the being made for production tests4 Spokane area on its August in- a lcs tour, than 4000 feet deep. The tests are dustry survey MERGER MINES and St. Paul to be made within a week. High at of Lead rate have let a contract for con-4flowed the oil gravity 40 a mill to a struction of a 100-tbarrels day during Snowshoe ore mine near test stem the from last drill week, in-resen- ted I 1 Libby, Montana.- Completion TIME MAGAZINE has this to scheduled for September, Oil find say re. SUNSHINE: is expected to make Washington - Cataract its properties in Callahan and Eastland counties in Texas; and has farmout agreements with Gulf Oil Corporation and Super ute is taemJB,j ',, " mrUnM, "?.!? 62'nt Motoring in most of the world in value on the strength M obviously still a- - luxury, and of unconfirmed reports that Polaris is about ready to start Essoline a luxury product. Our casual use' of our 65 deep exploration of Mineral ML millionday, motor vehicles is still vejg far beyond the' comprehension of DAHL URANIUM resumed the most advanced foreign coundrilling of section 13, adjoining tries. But now lets take a look the Midnite mine in the Spokane and see whether todays gasoline Indian Reservation, where it is any bargain by our own s mineralization at 128 feet dards. In 1920 a dollar would buy 8 last year. pounds of bread; two pounds of pork chops; two pounds of coffee, observed Its pth niversary. an over 20 pounds of gasoline. I Now valued at $20,000,000, Today, 37 years later, a dollar smelter has produced 2,500,000tons buyJ less than six. pounds of and 333,000,000 once0( bread; one and' onethird pounds silver in addition to Qf ounces of chops; 15 amounts of cadmium, gold; zinc But your gasoline dollar ' copper and antimony. will buy (nearly five or of fuel toP Quality E1101) COEUR D ALENE MINES How-agamUes of power. driving AMERICAN SILVER Work has you will have to add to been resumed by Polaris that gasoline dollar about 40 this week following, installation more for taxes. But even of a new fan pipe to improve fents ventUatlon in the Rainbow drift though these have soared 39 s per-cent since 1948, gasoline-pluA SURPRISE HEARING on the taxes still costs less than mos ' Administrations proposed lead- - Rems in the family budget. And we will be reminded too zinc sliding scale import tax was com-1 started by he senate finance during that Oil Progress Week one-thi- rd tW of-lea- whleh.-whUrn- ot hAve as Jkly SI Wednesday, Stock Eureka Lilly American Beryl oid chain Beehive wStem Horn surer 1 Columtx Keystone Leonora Utile May Majestic Oil to Mbs Mammoth Miller Hill ICoceow maps, windshield checking, advice at. shippers- - to the Commission ahd'eompAales feffiy Uxtod'Ab shlpperk'hf ABC, Income inf other mineral fields Atomld J . 01' ! North Lily Standard Park Blsihant Park City Cone No. 41 gPark Premier1 Mutu!Urwi,..C?!?! ...... I Rio - - ..Oeoei ......... Rtl .04r Royetoa Coftln. Silver King West SUver Shield ... Silver Btenderd . Lrlineral Firm Pacific OS m washing, tire Prince' cone, Froeptr Oil M Mu. and modern meo Artentino- e e Mid-Contin- .03 ; e OU UebMrVklley' (Colo.) Lucky. Mack .. . Mountain ' Meta .03' .10. 0j eeeeaayoeaee e e e e e Jackpot .01 Jv ... ... - Holly- .06' .4S .04 n Olio .... Oreeh Jtlvet 1JS 1-- a Denver-Odlde- Olaht Resources (Mbraltef eeefoaeobAeeee - .03 .03 .09 5 New Park New Quincy plumbing .03 .03 .01- Crown Federal JO ,. Mt. Statea Dev Mountain Nalldrivsr I .04. 2L ...; Commercial OonsohdAtod .03 .01 Hw KMnftT9 of the millions of dollars worth of free services we have come to expect at the gas station, such a urAnlur stsekk an curretUT prodocla eompABteo uranium uud llstod De1 Or. e are e e . Sabre Finou Shlprock ... !. .03' Fief SUvet Slouz Mines'.... So Iron Blossom tl I Ml ........ ........ Stkndard Sundown Ula Extends Holdings United Western Uranium' Kins' Utaco Tintic Lead Tintle Standard I on SANTA FE, N.M. Extension of the company's holdings in the utahone on eeaeeeee Mineral' . ,A e as Mifp Utco . 1 Western Nudeft White Canyeh' Wilson OU to Oarco. wer United Western Minerals Com- aSiy.' ! ! ! ! ! ! ! : ! i! wrtt acannouncement with of jroicdc pany qulsition of several additional I wiuuton Batin' oil es properties. One of the new Um Wyomlnr pro-perti- acquired from Colamer Corporation contains Heavy Dufy approxi- mately $3,000,000 of drilled and blocked out ore. Other properties . .. Mi. obtained in the transaction will BummMon 1000 t .29' 10000 at .as: 17500 nt.34; be core drilled bv United West- - Col.2500Bexeii . et .25; 3700 et J5; 300 et .20; em. 22000 at .35; 10000 at .25; 10000 at .36; MACHINE TOOLS forTUdinfry I at. JO; 2500 at' at .26 at United Western Minerals Com- - commonwealth Lead-eo- oo at .01 pany has been granted a license Comstock 300 et .20: looo. at .23 .37; 500 .24; 1500 3000 17000 at-J- TODD Machfnery: Co. I te58rtToo by AEC for the shipping of 1400 tons of uranium ore from the rt3.3 Awhtojj-3o- o at 12 9000 at Silver Bit Mining claims,- 1 TarBt Baby .il; 5000 atMi; iooo at .ll through 18, located on Sec. 10, 110 Trans Union 3000 at 09 T -- 14N, in the Ambrosia wsstern at .or Lake area. An assignment $i these claims was purchased from the Monitor Exploration Co. by United Western. The ore will be shipped to the government buying station at Grants between now I - eX2i 400tf T40 W. 2nd- South - I R-12- W, AUoys-so- oo and Sept 1. Rh9ert: ott Wyemlor" CtreAt .25' . .09 .93 .08 , The Homes take New Mexico Partners shaft on Sec. 32, has been bottomed at 632 feet It was reported that the shaft .04' Indian Creek ,04. .99 Ink Metal T-1- 4N - Jolly- Jack8 Klabab Kano Creek1 R-9- W, Knapp .93 .00 .03 .01 Lucky-- ' Me Monada , Mokl Mn. Mayday Mayflower Moab (Jr. distance from the known ore body which had been previ- - Mtr Fsato' ML VaUey Ol Jato PeaneU s '1.30 the Homestake-Ne- w Mexico Partners is now receilng ore and the milli construction is progressing ahead of schedule,- with definite plans to be in operation on or before the end of December, :00 Oem Gold Cloud .25 . - SiIte. TWX SIT-18- 3-- 0 4 1.40 .01, M Radorock Raw. Rex Republic Rocket Royal Sahara Shamrock Swartlka 4.75 ..01' Temple ML V Thuderblt .03, 1.00 .00' .03 U. Wert. Ulntah'Wyo; U9 OtoM .00 Uta .03, U.N. Beryl .01 U-K- an va .12 .00 .01 .04' , 1.25 1 .04,' .01 .33 .00 .03. .00 W Upeteo Uram King .oi; .01 DA. Pete .00 .01 .00 1.37 .01 .4' .09. .or, .or .00 .71 . 431 .00 .09 .03 .10 Bun Uran.. 5.12(4 Trane .09-.00- in .031: . Crab Utah; Ida. Exp Utah West watte fa UR.1 Whltolocf White Can: Wyoming Yellow,, Cal Yellow Clr. York Ur. Asked ..09 J2 03. Bid- - SUV. Buck" Spencer Standard Sterling Strategic, ML Bdnburst sundown Pet .01 Lisbon a suppoa Atorax. Asked ApptotBld Telst .23 Qraen River .00. I I .IS Tito following Ust: of oust' ef tan-fou- nd . .08 At10; 1000 At .05 Uranliini Stocks greg BUn in the Paradox Basin in Utah. iJSr I at 800 Babyi-450- 00 Trans Union Bart UtAk-N- tAt Kimoa produces currently . MINERAL MOUNTAIN as up TAT Wyoming, and to take up jointly b. Cataracts options on oil and gas gg' mSifrc2?2 Bart Utah .. leases in Cuba and Bolivia. With Todays Gasoline, Youre Driving A Bargain Report Says 1 Bert Standard Point 1 yVafoia Gasoline Week ver Bristol Comet Coeln ........... August 23rd, 1057. . . , Commonwealth Lead Central American Petroleum Comstock Uran. AT Oil Co. was to organized recently to Creaeent Basle (XI and develop -leases own- --- cron ou acquire - crown Sunshine Mining Company has brought in the states first substantial well on the Pacific Coast shore near Hoquiam, reports high grade oil pumping at the raite of 400 barrels a day." TRADING at the Spokane Stock Exchange was at a new high for the year, stimu- - , Our spies report that- - when the lated by Suiuhlne, ipcctacular lndMtry prerent. tbt preformance. known as Oil Progress Week LUCKY FRIDAY reached a rf0 new aU time high with sales re- corded at $5.25. . . The future of 0lS there such aboutJ?,at7,5l this producer a tWn nF more? look better than ever Aoericen motoriet the greet U prorf the rich the Friday ore body goes down to the S450 foot level And the teri what that the mineralization Is In-- weLlkntf (abroad, here', the Itznce. gont- creating make, it a good bet the men ore will go to great depth. The ?L.00,ted4fcr2" vein, where -intertectedthl week gaaolIne Uon- 5 JV on the new- bottom 2450 level, f ? waa five feet wide, of which two feet we. high grade. But ef particular significance as In-ran,1? bu coming to the main structure, A the US average PPrtaately mmb of high grade atringert n ler were crosscut, including, one e rorJ?rl2fr3f Une' foot wide near the shaft which cent our 80 of management says will warrant development: Thi other ore seams 98 bout to be bedding, plane ovm eentsnd future, dipping Into the main structure at greater depth. . . Mine SinfntSTMllon1 outpu is about 185 tons daily and some 6000 ton. have been concen- ad premium 92 trated in the GOLCONDA custom J ato gallon United! Kingdom, ie mill since early last month. regular is 52.8 cents and premium lead-zinc-sil- SUv. 2000 ot .16; 1000 At .10 Columbus Bex. 1000 At .20 Comstock 2500 at .22 recently : I rath ouproduciig. tate in u.s. SALES lace, president of the parent Company. chief com. Warrants The stock dividend will be pay- - 00 con-min- COBS' 1, 1SS1 I I on their Aifiit Thursday; acquired Central American Petroleum Co. at the rate of one I Banner Minin share of Central American Pet-- 1 bommL cni ' un ' Bristol roleum Co. stock for each twenty iQhUIam Iflnlw west-PAN- 1951 Salt Lake Stock Exchange il Directors of Cataract Mining SUNSHINE t, Friday August Mr ,00 41 40 .03, .03 .03. .00 06 .00 .01:. .02 Vs' .00 .07 .06 41 .03 .05 .14 .00 .13 .16' .ir .03 .03' .00 41 .oot .00 M .40'; .00, .07 .00 40 AT .40-- . .10' '41 CROMER BROKERAGE 6fc H:ji Sill Uko Sfotk Eitkiijl ItiUliaf; 3 Etdiijt Flici Silt Like Qty, Utah . .03' Telephone EL 97611 |