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Show The Western Mineral Survey, Salt Lake City, Processes Sought For shortages of lead and zinc which have plagued the United States during the Alumina An opproipriation of $1,000,000 is being sought by the bureau of mines to investigate and experiment with processes for extracting alumina from anorthosite rock and clays near Laramie, Wyo., it was reported this week. In discussing the appropriation request before the house appropriation committee, John J. Forbes, bureau director, said: Despite extensive exploration for bauxite in the United States, the known domestic reserves of bauxite ores are inadequate to support the American alumanum industry. The only way of avoiding increased dependence on foreign sources is to develop a satisfactory technology for recovering aluminum from clays, anorthosite and other aluminous rocks that occur in abundance in the United States During World War II the bureau of mines investigated Washington, Idaho and Oregon alumina clay deposits as a possible source of. alumina in the event foreign sources of bauxite were cut off. This work indicated about 200,000,000 tons of the materaial in deposits . samin a pled, the bureau reported dirll-ing 1949 publication. Data on on five deposits in Latah coupty, Idaho, and on other in Cowlitz, Pierce and King counties, Wash., were made available. Testing of new processes would be done at the Laramie plant started during the last war and halted at the end of hostilities. Last year congress appropriated $347,110 to com- . . - cr , -- , . ; plete it. Gold Bricks Poured at Carlton Mill titlement for Consumption does rials Conference movement h?s 5ardof llvbuMtor if wrriedn labr strike during September tardi of years, it will tended to decrease output, SET of other countries. Our own. has trad'tionally govemmen been opposed to monopolies andcartels but here, already functioining is a super cartel, and if you think it confines itself only to an exchange of obseiXM'ions,, rystallized in allocations, you vill be disillusioned when you earn that it actually tries to ix some price as it has' done; n establishing maximum prices or tungsten. Although you may feel, that the International Conference is primarily n oncemed with the proper of the available supply of he worlds minerals, upon ex-- L ruination it apparently intends o spread far afield economie-ill- y speaking. Listen to this statement of the Confer-inc-e which reads: lthough most if the Committees have not lealt with problems of prices, it s likely that the consideration if distributing of available sup- per-tap- s, Ma-eria- ls allo-atio- of-ici- al . , ppathmtnne stated in his All of the 1951 output came from the 1150 winze level, 2883 tons from Square Deal ground and 2500 tons from the GoLconda area. The Square Deal ore was milled during the year leaving that company a $12,645 credit on the books of the Golconda company, which owns approxi- mately 50 per cent of the outstanding Square Deal stock be-- : sides having a favorable ore extraction agreement with that company. Golcondas major source of income in 1951 was milling. The mill, operating largely on custom ores throughout the year, treated approximately 48,000 tons and income from this source totaled $114,-87Operating expenses were $114,628, leaving- operating profit of $246; before1 depletion, depreciation: and amortization. After deduction' of these items, the company showed a net operating loss of $4,041. from-custo- 4. - The American Zinc Institute announced today that its Thirty-Fourt- h Annual Meeting will be held at the Hotel Statler, St. Louis, Missouri, on Monday and Tuesday(, April 21 and 22. Present plans provide for a full two-da-y .program with a morning and afternoon session scheduled for both Monday and Tuesday. Qualified speakers from Washington and ftom the industry will report on the general outlook for metals and the zinc supply and requirements picture. Mine development and production expansion at home and abroad will be thoroughly covered by a special panel of min-i-n gmen. Plans are under way to add several, special features to the program relating to topics of vital interest to all concerned. tons by 1954; copper output is to be boosted 225100 tons annually by 1955; 150,000 tons of additional zinc annually by 1953 is the goal for this metal. Annual capacity of other segments of the mineral industry is expected to be increased by 1955 as follows: Lead, 36,000 tons; cadmium 1300 tons; manganese, 54.000 tons; aluminum, 620,000 tons; titanium, 4200 tons; man-gane- Two Firms Ore Shipments March Approve Stock Split . , Cripple Creek, Colo. Two gold bricks were poured recently at the Carlton Mill, and another pouring is due in about a week, it was announced Thursday by last pouring, one of the bricks was large, the other small. One large one at least will be poured this week. Mir. Keiil explained that a full size brick will weigh between 1200 and 1300 troy ounces and is worth from $30,000 to $35,000, depending on the melt and the grade. Daily production continues to remain at about 500 tons a day. Two shifts are at work on the grinding. The leasing partners of John Hansen and Wilbur Wassaw have discovered a rich vein of ore on the 7th level of the Cres-so-n mine, it was reported Thursday by Wesley Moulton, superintendent. Assays from the streak have sampled as high as 30 ounces, or better than $1000 to the ton in gold, acording to the mine . superintendent. shaping up as one of the things we have had in a long time, he here around added. The vein averages about three feet in width, and has been dirft-e- d on for a distance of approximately 20 feet. It was the opinion of Mr. Moulton that the ore should settle at the Carlton mill for four or five ounces at least In regard to company work being done, the cutting out for chutes has started on the ore recently hit on the 21st level This vein, which should make ounce ore, has been drifted on for about 30 feet. Width is undetermined as yet Its nicest se . (45 per cent ore), 150,-00- 0 tons; cobalt, 2100 tons; nicktons; chromium (45 per cent ore), 50,000 tons; fluorspar, 84.000 tons; fluxstone, 3,700,000 tons; magnesite, 73,000 tons; mica (hand cobbled), 5000 tons; sulphur, 180,000 tons; borax, 360.000 tons; soda ash, 300,000 tons; molybdenum, 31,000,000 pounds, and tungsten, 600,000 units. el, 18,000 . Directors of two more large mining concerns, Phelps Dodge Corporation and Howe Sound Company, have approved capital stock-spl- it proposals. The actions are subject to approval by the stockholders and will be voted on at the annual meetings of the companies, both of which are scheduled for April 15. In recent months American and Refining ComSmelting ' pany stockholders approved a stock split and stockholders . of Consolidated Mining and Smelting Company e of Canada okayed a division. Howe Sound directors are prosplit, unposing a three-for-oder which each share of outcommon stock standing ar would be reclassified into three shares of $1 par stock. If approved, the split would become effective as soon after April 15 as practicable. The Phelps Dodge proposal is division. The for a company now has 5,071,260 shares of $25-pa- r capital stock outstanding out of an authorized1 6,000,000 shares. At their recent meeting Howe Sound directors also declared a regular first quarter dividend of 75 cent a share, payable March 10 to share holders of record two-for-o- , 1, 1952) (Week Ending BINGHAM 'DISTRICT, UTAH Combined Metals Reduction Co. 35 tons. U. S. Mines 8626 tons. Utah. Ctopper ' (Kennecott) ne ne not extend to foodstuffs. Perhaps it does. What I am trying to imply is that the International Mate- JSS .... five-to-on- ; , March 7, 1952 - American Zinc Institute Continued from Page 1 for an increase in ancalls Announces pie, nual output from 108 million Annual Meeting ingot tons to 120 million ingot Federal Price Fixing Held Cause of Shortage . Government price fixing has been the cause of the past year and should be dropped according to Felix E Wormser, vice president of the St Joseph Lead Company. These metals, he pointed out' that they give at a recent meeting of the Colo- - plies will require sucihi to attention problems. rado Mining Association, are And if you think that is all world commodities which can not be regulated by unilateral the I.M.C. is planning to do, you action here under prevailing in- will be further .lisillus)ned. Another egg is to be hatched. ternational conditions. A statement released a short rewith He said the situation zinc in analog- time ago on copper and zinc gard to lead and ous to that of wool, concerning reads as follows: So that the which Senator OMahoney said current suppliers of copper and adrecently, in asking termination zinc may be used to the best rechas Committee the wool of OPS control of prices, vantage, "Both the supply and the price ommended that countries adopt of this international commodity measures to eliminate unessenare dependent upon factors in tial consumption and to encourthe world market that are be- age substitution- by materials not in short supply. So here yond our control. interPresent attempts at interna- we have a super-duplittle with Ingovernmental curb, tional control through the as can I so law far ternational Materials Confer- sanctionin nose of like the ence are trending toward com- fhid out, but, free the .camel under: the tent, is plete elimination of the market and can easily result in entering the metal picture grada lowering of our standard of ually first through international, allocation then ..proposing inliving Wormser said. His commen on the trend was, ternational attention to increase production ami distribution and in part as follows: conservatheadnas finally Intehiatibnkl The Conference ' ion.under quarters in Washington its Strip the. movement the auspices of the State Department and includes repre- high sounding phrases and it sentatives of most of the gov- reveals an effort to circumscribe ernments outside the Russia or- our standard of living. This is bit. The I.M.C. functions nipt a driye. against inflation, as one We were led to believe when through committees each more or one the. ceiling price of lead was set. in specializing both in acted This is hot an effort to nrnke have metals. They recommendcertain that the United States zinc by copper and allocarest of the world reworldwide and the ing certain but is ceive under study enough metals for defense. tions. Lead been movement 's definitely have This no recommendations tied into civilian economics. made. a introduced This is a Socialist sponsored The I.M.C. has liteconomic move that has received high new conception in exerature such as the unique praise abroad, and will take Conpression, Entitlement for over over completely the functions of a free market if we permit it sumption.' Think that one that means It which has heretofore determmoment. a for excountries, like our own, withcom- ined who gets what and how much. portable supplies of certain of are quotas modities given consumption, to which they are exexpected to adhere. For the ample, although we are and most important sulphur molybdenum producers in the world, We are told how much sulphur and molybdenum we should use. At the same time it is noteworthy that tin and natural rubber, which we do not produce in this country, are not included in the scope of the Conference. I have not been able to understand why this En- Utah- 1029 cars daily average. 85-to- n PARK CITY DISTRICT, UTAH New Park Mining Cto. 1542 tons. Park Utah Co. 1606 tons. Silver King Coalition 120 tons concentrates. EUREKA DISTRICT, UTAH 71 cars Chief Consolidated ore. Dragon Consolidated 24 cars clay. PIOCHE DISTRICT, NEVADA (Two Weeks) Combined Metals Reduction cars zinc concentrates, 7 cars lead concentrates, 25 cars perlite. Bristol Silver 1 car copper ore, 1 car lead ore. (Courtesy j. A. Hofla A Company) Co. 20 $5-p- two-for-o- ne February 29. The disburse- ment will increase total company dividends to $41,003,061. Last year a total of $1,982,364, equivalent to $4 a share, was paid. Howe Sound interests in the northwest include its copper operation at Holden, Wash., the biggest metal mine in the state, and the Blackbird cobalt mine at Cabolt, Idaho, which is operated by a subsidiary firm, Calera Mining Company. Phelps Dodge directors also authorized the usual quarterly dividend of $i.25, payable March 10 to stockholders on the books February 25. Fire Hite Idaho Mine Salmon, Idaho A raging fire at the Twin Peaks mine on Rat- tlesnake creek Friday afternoon destroyed all buildings and equipment, except the mill and two gasoline storage tanks, with a loss estimated at more than New Gold Strike Nevada City, Calif. Discovery of rich gold ore in the old St. Louis mine about two miles east of Nevada City has given this century-ol- d mining town its thrill in many long greatest M. J. Hoff, president and years. general manager of Willow Val- ley Mines, which reopened the St. Louis and adjoining properties last year, said the vein varies from three to seven feet in width and assays about , $45 a ton. Production Continued At Carlton Mill Cripple Creek, Colo. Two more gold bricks have just been poured at the Carlton mill, according to Howard R. Keil, superintendent for Golden Cycle. He saia one was large, the other small. Two others will be poured either March 5th or 6th. Mr. Keil has previously stated that the large bricks, depending on the melt and grade, are worth from $30,000 to $35,000 each. The superintendent said the daily tonnage remains at about 500 tons half of which is newly mined ore, the rest from dumps. Shipments from the Golden Cycle and Mary McKinney dumps are continuing, with the value : from the Golden Cycle improved over when operations started recently by Vetter and Sons.' i Charles Kapp, foreman at the mine, said the equipment, including motors, light plants, Hard to Mine buildings, and several new pieces Nickel is distributed widely of machinery, still uncrated, was by nature but in localifew only a total loss. Even the miners ties is nickel mineralization sufpersonal belongings and clothes ficiently concentrated to conIn pne of the buildings burned. stitute, ore bodies,. $20,000. . . . .' c n.--: |