OCR Text |
Show September 4, 1953 The Westers Mineral Sarvey, Salt Lake Cttyf Utah Metal Mart Shows Signs Of Recovery Both lead and zinc appeared The Western Mticsi Bmtjr, Salt Lake Cttjr, Utah Salt Lake Stock Exchange 1HI WEDNESDAY, SEPT. S, 00' w" JmiHint xBttllloa XCfcTdllt ... xdayton Silver Con. Central Btd. xChlet Con. M .04 Colorado Colb. Rezal xComblnod lletal xComet Coal'n vS mu, sCommonv'ltb Xnd ... xConc. Eureka OH Crescent Kfle xCrott on Crown Point Crown Point sEast Standard E. Tin. Coal'n sEaat Utah lflnee zEmplre Bullion Eureka zEureka Lilly Con. Eureka Mine zEureka Standard Gold Chain sOrand Depoalt Great Weitern Bom Silver - 22,. ;m .16 .03 jJJJ JOS .02 .12 .35 .02 fOnea TJagnollaJad Oil a Majestic Mammoth .. 0!1 Mhf. -- .01 Mt. Btate JOer. Mountain View Nafldrlver UBf Oil xNer-Ta- h xNew Park LUy JJg J!" - H rz 4)2 Comb. THURSDAY, AUGUST 87, 1888 SALES Croff at g" jL, .90 .11 1.75 011-1- 500 1000 at 18. 14. 250 at 11, 6500 11. 12. at 5, 152 at at East Utah 500 at 500 at Kentucky Utah-150- 00 North lily 100 at 39. 12, Securities 1000 at 32. Royston 2000 at 8. B1L Shield 6000 at Sundance 011500 at Tlntle Btd. 3000 at 85. Ut Wyo. Con 0111000 at 24, Con. 011-2- 50 at 28. CURB SALES Croff 001500 at 14 Horn SUrer 1000 at Madison Mines 500 at 24. Plumbic 1000 at 5. 4. 6.12. 4)7 S .w -- M UNLISTED PM. la'SS Bug. Trans-U- n. S0 Ut Wyo. 0113000 at 10. UNLISTED Pr. St Light 4 at 31.10. Income Lower Jb. xUtah Fire Clar Ut 5. -- OU Metals Oil .02 -- :: SALES 4)7 .... .w .:3.28 as .... 10,22 E S1 : 10000 1000 6000 Croff 4)2 Victor Con. xWestem AUoys C. fell. jHu, .-- 15600 1000 0112000 at 15. East Utah 500 at 18. Eureka Mlnea 1000 at 3. 811. Shield 10000 at 8. West Toledo 2500 at 7. ;2i" -- IB. 1. 7. at T. at Securities Con Park at S3.33. Royston 3000 at 7. Shield at 6. sn. Shield at 6. West Toledo at 7. CURB OU .02 .07 .08 .14 ri71 Con. OU xAmalg. East Utah 600 at .41 .06 22 Swansea Con. Tar Baby ;.... Tlntle Central Tlntle Iad .. xTlntle Standard OU xTrans-Unlo- n xTTnlted Park City Utah Con.. xUtah Id. Bug. Com. xUtah Id. Sue. PM. .11 Ind. Queen 4000 at Madison Mines 1000 at 24. New Quincy 5000 at 500 North Lily 600 at 39. .02 .38 .06 .38 .02 .03 JO 4 .05 .20 .08 .02 8.12 ff1 OU Dragon Con. Al " 39. at 2L at 14. 2000 at 86. 000 JS .08 JgMl Ptutu Cron .03 22 22 xPrlnce Con. xProeper Oil a Ifnf. xRleo Argentine xRoyston Coalja SUrer KJng West SUrer x811rer Standard Sioux Mines 60. Iron Blossom xSo. Standard Big Hill 1000 at 3. Cardiff 200 at Clayton011-3-SUrer 1000 JO 4 -- xPark Bingham xPark City Con. Park Kondd park Neleon Park Premier xPlumblc Mlnea Basin ' 2'Hg xNo. Standard xOll Seeurltlee BALES .03 .03 4)2 8 zNew Quincy xWlUlston .06 .03 3 . .03 75 -a o. JS jj??1 "JUtt Hffl aMlneri Gold xMono Keariarge Idoecow Miller xUtah-Wy- .03 .03 g at 35. 1. 8.at 82, 8. 8. .08 .06 m 1000 Prosper OU A Mg. 600 at Rico Argentina 100 at 8.10. 6U. Shield 1000 at 6, 2500 at Ut. Wyo. Con. 011400 at 24, BOO 500 at 21 West Toledo-30- 00 at 7, 904 at CURB BALES Madison Mines 1000 at 35. Ner-Ta- h OU A Mg 1000 at OU Seeurltlee 1500 at 35. Park City Con 2000 at 84. Rico Argentine 200 at 2.10. FRIDAY, AUGUST 28, 1888 .23 .01 Lakeelde" llonarih xLeonora i -- .05 zKmtueky-UU- h NSundsmce 8. at Park Bingham 24. Park City ConlOOO at 6. .04 Indian Queen I 3. 3 .16 lft 18. 8. Leonora 1000 at Madison Mlnea 1800 at 28. Miners Gold-20- 00 at New Quincy 1000 at 8. Oil Securities 500 at 34, 300 .04 JO at 88. 200 East Standard 1000 at East Utah 200 at .04 xHwvell North Dragon Con. .03 ?; ir - Cardiff 600 at 38, 500 at 37. Craff 011500 at 15, 3000 at 18. .05 .07 .18 Jg2 22 4. at 2000 Bullion .05 7, 'U 13, 6. 3. 8. .IB SE 1. 7. .08 , .02 M , JO 7 -- a a M m M Tu. "Xi aOUMl 2000 at S. Ner-Ta- h Mg. 2000 at 8. New Quincy 1000 at 9. North Lily BOO at 37. 500 at 3ft. Park c7 Con. 60 at 22. Mg. 500 at Prosper OU 1000 at 14. at ruituravw 3000 at Royiton B1L Shield 12000 at 6. Tin tie Lead 100 at CUES MUB Big HOI 1000 at East Btd. 8000 at 81L Shield 1000 at 6. South Btd. 1000 at 8. MONDAY, AUGUST 81. 1888 Maj. OU jL .04 .05 2 .03 Sm Jl .75 XBrlatol 2. at 3000 Little May atCmnb. Met1- -1 Kaa5Woft.tl7. Madison gsrassas ?., Rico Argentine 200 2.07. l .. 800 at Til Royston 2000 1000 at Royston 2000 at 3. Wilbert 7. mSou CUES BALES too latefor yesterdty Mg. 1000 at 3. r&!,sssrist & Sni SSlto?iiln, 5pwlod J theet BrtittflMWt . u. o the same period of 1952. The company this week reported that the net income through June 30 this year was $9,204,286, or $1.37 per share of common stock after allowing for preferred stock dividends. It was $2.85 for the first half of 1952. somewhat steadier this week, according to the report of E. & M. J. Metal and Mineral Markets. Most of the activity was in copper with demand for that metal better than generally anticipated. COPPER E. & M. J. averages the Though on domestic nad foreign copper were moderately lower than in the preceding week, the willingness on the part of custom smelters to sell nearby metal at around 28Vfcc. almost vanished as the week ended. In fact, a leading custom smelter raised its price one-ha- lf cent to the basis of 29c., Valley. The large mine operators held to 30c. Demand for nearby copper has improved and some fabricators believe that their sales during August and September will compare favorably with those of May and June. Nearby copper on the London Metal Exchange held its gains of the previous week, with the settling basis at yesterday's first session unchanged at 235 per long ton, equivalent to 29.38c., per pound. The Chilean Board of Trade an- nounced that prices to be realized by Chiles small and medium mines cannot be less than the 1.36, 200 at 1.36. quotation published by E. & M. J. Grandview 1000 at 17, 1000 at In the proceeding week it was 16. Polaris 100 at 3.70. stated that these producers would Sun Con 500 at 86. be permitted to sell in the free Unlisted market LEAD Bunker Hill 100 at 13.65, 200 at Producers were ' satisfied with 13.70, 10 at 13.80. the weeks volume of business and Sidney 400 at L18. the undertone of the market apWhitewater 2000 at L direcin all be to steady peared INTERSESSION Registered tions. The fact that foreign sales Clayton 200 at 24. have improved has eased pressure Independence 5000 at 5. from abroad. Sales in the domesPolaris 1000 at 8.70, 633 at 3.70, tic market for the week totaled 25 at 3.80, 100 at 3.83, 100 at 3.70. 8,331 tons, which compares with Sunset Min. 15Q0 at 10. 5,130 tons in the preceding week. Sunshine 200 at 8.00, 10 at 7.85, London was moderately lower, 1000 at 8.00. prompt settling at 95 per long Unlisted ton bid, against 96 a week ago. 100 at 14.00, 15 at Bunker Hill The 17. S. consumed 99,519 tons 14.15, 100 at 14.00, 50 at 14.10. of lead (primary and secondary) Sidney-3- 00 at L20. during May, against 102,852 tons in April, the bureau of mines reMARKETS ports. Th foUovlnc quotation! an oonpilnd on of lead Consumers stocks from information obtalnad from vnrloua inbroken. Tha McurltiM an neltliar listed May 31 totaled 130,072 tons, an admitted for trading privilege! on crease of 8 per cent over April 30. nor any national aaenrltlaa exchange. ZINC It was another week of no progress in the matter of settling the question of whether all sellers of STOCKS domestically produced zinc will eventually accept the delivered basis on the Prime Western grade or hold to the East St Louis basing point. The market has quieted down appreciably, and, as in the preceding week, most sellers were Them quotations furnished by J. A. ready to meet competitive prices Hogle A Company, 132 South Main St, in all important consuming cenSalt Lake City, Utah. 829 ters. Business booked during the AR American Smelting 32 A Anaconda Copper week was at either 11c. East St. 38 HM Homestake Mining Eastern Stocks IN International Nickel . PD Phelps Dodge 4fc, P 7: UTAP Utah Power A Light of record Light 1HV Utah Power able Oct 1st to stockholders e, Ul- BASSTGrand Deposit sold asst. pd. on 7- 10-5- 3, 8 5AS9(T. Mammoth DeL 8?1:53, 10c, Ot REGISTERED STOCKS OVER-THE-COUNT- The American Smelting and Re.v:.::::'.:b3;5o Jzuc fining company's net income for (a Indicates operating; eompanles) the first half of this year was TOO at 37. 300 Cardiff 1000 at about half the $17,237,636 made in Vll Spokane Stock Exchange Simplification Of Security Laws HL The Securities Commission has inaugExchange urated studies aimed at streamlining registration techniques, J. Sinclair Armstrong, commissioner, said here at a meeting of investment bankers. The newly constituted commission will view sympathetically new procedures which can be developed to simplify registration statement forma, reduce, to far as the law permits, he said. The commission also is attempting to find areas which van be just as satisfactorily regulated by the states particularly where there is good and effective state, regulation already in operation, he said. He failed to dte the mining and oil field as one in which there is often overlapping jurisdiction of the state and-- federal commissions. Studies are also being made by the commission that should help in shaping legislative changes in the securites laws, he said. CHICAGO, Sunshine Dividend The Sunshine Mining Company directors have declared a dividend payable September 30 to shareholders of record September 1. The $225,000 total brings the aggregate of dividends paid by the rich silver producer to 32,203,205. 15-ce-nt Louis, or at 11 Vic. , delivered. east Sly of the Rockies. The London market was unset38 31 tled, prompt closing yesterday at 72V per long ton bid, Which comMerrill . furnished by These quotations pares with 74 a week ago. soiassst-pd-ToLynch. Pearce, Penner A Beane, 23 East Salol0-10-5NICKEL Utah. 8 9 Lake Salt City, Second South St, c, Asst SUrer soldBtd. on 7 53. nickel has been reof Decontrol asstpd. W-s First Sec. Corn. Clas A. 821.50 22.00 ASST. Plutu 5c,DeL now enconsumers 19.50 on 18.75 Pd. Fuel quested by sold asst Sale 10 Mountain 19.50 18.00 c, Del. Utah Fire Clay North Btd. countering sharp competition from 24.50 23.50 Utah OU Refining sold asst pd. on 12.50 11.75 OU Utah Southern foreign manufacturers in a posiTUESDAY, SEPT. 1, 1858 56.00 83.50 Z. C. M. X. tion to obtain the metal for plat8.75 8.25 atV7?400 at 37. 4500 Equity OU .08 88 Cardiff 2400 Justhelm ing and other purposes. The deAO Western Statei Ref. atBlg Hin 1500 at .09 M fense mobilization board is to pass Utana Basin OU 4M .03 Colorado 500 at OU Morgan on whether .controls should be 2.37 Con. 200 at Bo. at 2000 :::::::::::: M eased before the end of the week. Sureka Buta. 1000 at 6, 2000 t S. Kentucky Utah The International Metals Conference has decided to drop fourth quarter allocations of nickel beCROMER BROKERAGE SOCOMPA1SY cause requirements are decreasExchange Place Stock Exchange Bnfldtog, Bolt ing in some countries. Lake City 1 Utah SEC Pledges Unlisted Stocks n 3, 53-Sal- e 8-- 10-28-- 13-5- 3, . 3. W gait Orders exeented on all exchanges. famished Information on Utah Mining and Oil Companies me mpon reqnest. Lake Block Exchange Salt Bfember A man in an asylum sat fishing over the side of his bed. A visitor, . wishing to be affable, remarked, How many have you caught? Youre the ninth, was the H. E. HAVENOR & CO. 529 NEWHOUBE BUILDING, SAIT LAKE CITY, UTAH Member Salt Lake Stock Exchange Information Furnished en Utah Companies Orders Exeented on AR Exchangee Telephone 57 J. A. HOGLE & CO. Member Salt York Stock Exchanges WE SPECIALIZE IN MINING STOCKS Loans Made on listed Mining Securities 132 Main Si 2380 Washington Blvd. SALT LAKE CITY OGDEN 523 West Sprague Ave., SPOKANE Lake-Spokane-Ne- w HV K, |