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Show 4J OF U LIBRARY 1 CITY 1 METAL PRICES 7 16c Lead (per lb.) Gold (per oz.) $34.9125 24.2c Copper. 14c Zinc (per lb.) Silver, (per oz.) 83.25c new mined O&Esy! Ltay Features Mining, Oil, Financial Salt Lake City, September 5, VOL. 23, NO. 37 One Year $2JS0 1952 Salt Lake Stock Exchange August Transactions AVGUST, 1952 hi thla aunt U derived from eourcei 'regarded not guaranteed, but believed to be correct. 11m u reliable, Nev-Ta- h Oil & Mg. New Park New Quincy North Lily : Big Hill Metals Bingham Bristol Silver Bullion Bonanza Oil & Mining....... Cardiff Central Std. Chief Con. Clayton Silver Colorado Con. Colb. Rexall Combined Metals .. -Comet Ooaln Lead Commonwealth Resumption of operations at No. Standard - the old Wilbert Mine in the Dome district of Butte County, .Oil Securities Park Bingham Park City Con. Park Konold Park Nelson Plumbic Mines Plutus Rico Argentine Roys ton Coaln Silver King Ooaln Silver King-We- st Silver Shield Silver Standard Sioux Mines o. Iron Blossom Crescent Eagle Oil ! p 'jf 50-to- n So. Standard .... Sundance Oil Co. Swansea Con. Tar Baby Eureka Mines Eureka Standard Tintic Central Tintie Lead Gold Chain Grand Dep. Great Western Horn Silver Howell Indian Queen Kennebec Untie Standard Trans-Unio- n 5 Oil -- Utah Con. Utah Ida. Sug. Com Pfd Victor Con. Western Alloys West Toledo Wilbert Kentucky-Uta-h Keystone .......... Lakeside Mon. Leonora .05' ; ot .. Yankee Con. Zuma Majestic Oil & Mg. Madison Mines Magnolia Lead Mammoth AmaL Sugar, Pfd. - Utah Fire Clay Utah P. & L. Own. MiUer HiU Miners Gold Moscow ML States Dev. Z. C. M. I Total Shares Traded 1,102,441 Indicates operating companies Mountain View Mono. Kearsarge r one of the oldest producers in south central the part 60 of Idaho, was reported last week in the Mackay Miner. .03 V4 Joe Bush and Leon D. Tren-k- o of Seattle have concluded .08 arrangements for a lease on the property and have retained .10 Homa Smith Company of Se.02 attle to operate it for them. 2.15 Troy Becker of Challis has been .10 employed as resident manager 2.55 and Charles Reamsnyder will be .43 in charge of milling. .03 Clean-uwork at the mine, .03 which has been idle for the past two years, is already underway and construction of a ball .15 mill and flotation plant has .17 been started. By fall it is ex.02 pected that 10 men will be employed at the mine. .01 The property, which consists I,- 952 .01 01 of 7 patented and 32 unpatented .10 .10 .11 II,-300 claims located 20 milues north1.35 1.32 4,867 east of Howe, is adequately .09 H .09' 20,800 .01 equipped with camp buildings .01 3.000 .01 and facilities including electric 3.15 157 3.15 3.15 power. It has a 30 horse power 6 hoist, 100 horsepower compres.31 600 .31 .31 sor and is" equipped with 16 .01 .01 1.000 .01 pound rail and mine cars. De.03 .03 12,000 .03 velopment work consists of 4 tunnels, the longest of which is: in1800 feet, and a 4245-foclined shaft which attains a vertical depth of 270 feet Substantial production has been taken from the mine, be ginning in the early 1900s and continuing until about 10 years 50 ago, the Custer County publica77 .... tion reports. It was originally 2 developed by a family named Dollar Value $165,431.94 Black who operated it as the Daisy Black mine from the op; posite side of the ridge from the present mine camp. Surface pant of this operation included a stamp mill which was destroyed by fire about 30 years ago. Ater that the new site was chosen and the name of the property changed to the Wilbert. Production rom the new New expansion goals for tung- site was hauled to Arco by six teams. sten, antimony, titanium, beryl, and eight-hors- e Officials of the Wilbert Minbarite, iron ore, manganese, columbite and tantalite have ing Company, Ltd., are located been established by the defense in Salt Lake City and the comproduction administration, the pany is said to be controlled by American Mining congress re- eastern interests. ports. The goals set are as follows: in Tungsten a total supply of 34 4millions pounds of contained tungsten in 1954 from both domestic and foreign ores, an increase of 25 million pounds over the suppy available to the U. S. Lead in Modem Industry is in 1950. the title of a new, fully illustratAntimony 43,000 tons in 1955, ed, book an increase of 4000 tons over that has just been published by 1950. the Lead Industries Association. Titanium 10,000 tons of ti- This is the only book currently tanium sponge in 1955, an in- available whose subject matter crease of 9500 tons over 1951 is devotjed exclusively to the output. manufacture, applications and Beryl a supply of 9000 tons properties of lead, lead alloys of 10 per cent beryl ore in 1955 and lead compounds. It was as compared with 4800 tons in written to provide the public in 1951. general with a broad picture of Barite a supply of 1,360,000 the whole lead industry and, at tons of barite ore in 1955 as the same time, serve as a hand reference source for those who against 940,000 tons in 1951. 2,500,000 long are alrady using lead and its Manganese tons of manganese ore in 1954, products. It is sufficiently tech-- , an increase of 630,000 tons a nical to be of practical value- to the engineer in industry arid year over the 1950 total of tons from domestic yet broad enough for those with a more casual interest mines and imports. lead-silve- Park Premier . Park Utah Cons. Eureka Little May Planned At Wilbert Mine Nevada Monarch listed Stocks Crown Point Dragon E. Crown Point East Standard E. Tin. Coaln East Utah Empire Mines Eureka Bullion New Activity New Expansion Southeastern Industrial Minerals Of Utah Scene Of Northwest AreamostInventoriedto date Goals For beieved to be the complete inventory What of the Pacific Northwest Metals Set resources mineral industrial of the Intense Work StatesOregon, contained Washington, Idaho and Montana is is The Scouting Division of Carter Oil Company, northwest division, has released the following summary of drilling .wells. G. E. Houston No. 1 (located in Roosevelt Pool In SE SW, Core I between Sec. ) feet, recovered 57 ft. 181S-1E- 9648-970- 5 test Drill-ste- No. 6, at 9592-970- 5 feet, open minutes, had to the surface at the end gas of the test, recovered 1350 ft. water cushion, 420 feet of oil, t 150 feet of oil. and mud. Drill-stetest 7, between feet, open 2 hours, had no to the surface, recovered gas 1350 feet of water cushion, 1980 feet of heavily gas and mud-cu- t oil, 5244 feet of clean oil. Total depth 9744 feet Testing. Ute Tribal B No. 1 (located in Roosevelt Pool in NE SW. Total depth 9954 Sec. feet plugged back total total depth, 9870 feet, pumped 122 barrels of oil, 6 per cent water, After acid and In 24 hours. strata fracture gravity 330 GOIR 240. Completed 130 gas-cu- 9696-974- 4 m 20-1S-1- - de-corr- We vs; 'S' ., (located in Continued on Page 2 in a report issued today by the Bureau of Mines, United States Department of the Interior. inadequacy of the The report, prepared by A. J. Plulze con- Kauffman, Jr., a comodity spec- - information available and inialist with the Bureaus miner- sequently stimulate enough als division, gives the location, terest ,on the part of those conto contribute the facts so by states and counties, of de- cerned, future inventories may be posits of each of the following that more complete. mineral commodities: Abrasives and corundum The silica), report describes each in(garnet, asbestos, barite, bauxite, cement dustrial mineral and lists its materials (including brick and principal commercial uses. Comtile), clay, diatomaceous earth, modities that have a large, lofeldspar, fluorspar, gem mate- calized market predominate in rials, praphite, gypsum, lime- the report. These include Portminerals, land cement, sand and gravel, stone, magnesium mineral phos- stone, clay and lime. peat, wool, mica, Other outstanding industrial phate rock, quartz crystal, refractories, sand and gravel, minerals in the region, accordstone, talc and vermiculite. ing to the report are magnesite, minerals of wide A vermiculite, pumice, and diato variety occur in the Pacific Northwest, maceous earth. The magnesite according to the report, but the- deposits of Stevens County, traditional interest in the metal- Wash., are described as being resources partially the largest and most important has obscured the potentialities in the nation. Most of our f its nonmetallic or industrial mestic vermiculite production is minerals. As a consequence, obtained from the deposits in information as to quantity, qual- - ' Lncoln County, Mont Oregon ity, location and other critical- and Idaho are ranked third and economic factors of fhese Indus- fourth, respectively, in domestic trial minerals is inadequate pumice production. Production It is hoped, the author says, figures given for diatomaceous Continued on Page 2 that this compilation will em-! lie-miner- al ; j do-o- 'Lead Modern Industry1 Title Of New Work 236-page- , cloth-boun- d - |