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Show ' ; 1 $ w A W 1J OF U 5 LIBRARY CITY 1 t.4, s. i fcJ1 f : C VoL 24, No. 15 Salt Lake City, Utah,' April 10, 1953'. fi ! Tin Information contained In title ebaat le derived from sources regarded ae reliable, not guaranteed, bat believed to be correct. vV Vi fd RENO, Nevada - Listed Stocks Big Hill Bonanza Oil & Mining Bristol Silver Bullion Cardiff Central Std. Chief Con Clayton Silver Another large copper mining enterprise Is being brought to life in Nevada. High 4 V - .02 .26 .02 .07 J5--B..- 23 . .03 .08 .08 .28 - i f. non-reside- .85 nt .15 . .15 .03 .05 .05 .19 . .03 .19 .08 .20 .02 1 r- J llowell .Indian Queen Legal Notices , ; Kennebec .ASSESSMENT NOTICE The' Tintic Outpost Mining' Conran. Keystone .... Lakeside Mon. Leonora Little May Madison Mines Magnolia Lead Majestic Oil & Mng. , Mammoth Hill Miller Miners Gold .09 : .02 .05 .04 - - , . Mono Keanarge Moscow Mt. States Dev. .31 . ; - ------ .11 1.77 p.rar COU. nnnM tr ikonoiu Plumbic Mines to Increase the capital stock of said corporation from TWO HUNDRED THOUSAND DOLLARS ($200,000.00) to FITE HUNDRED THOUSAND DOLLARS ($500,-000.0divided Into five million (5,000,-00shares of par value of 10c each. The amount to which it Is proposed to Increase the capital stock of said cor. poratlon Is three million (3,000,000) Shares of the par value of THREE HUNDRED THOUSAND DOLLARS ($300,000.-00- ), the same to be held by the company as authorised but unissued treasury stock, to be disposed of as the Board of Di- .07 .11 .08 .02 - Plutus r- - Prosper Oil & Mng. 0), 0) . rectors shall direct, and making the stock of this corporation by amending the . Articles of Incorporation as follows: 1. Amend Article VII to read: The capital stock of this corporation, the number of shares Into which the same Is divided and the par value of each Share, Shall be non-assessa- FIVE HUNDRED THOUSAND DOLLARS ($500,000.00), divided Into five imam (5,000,000) shares of the par value of Ten. ($0.10) cents per share. ' f t The capitalisation and number and par value of the Shares may be Increased, diminished or changed in (he manner prescribed by the stockholders at a general meeting or a special meeting held for that purpose. The authorised but unissued treasury stock Shall be disposed of as the Board of Directors Shall direct for the purposes of said corporation. 2. Amend Article xn to read: Fully paid and issued stock of this sable. corporation Is non-ss3. To consider and act upon any ether matters which may properly come before said meeting. By Order of Board of Directors. . , J se ..ALVIN R. ERDCSON, Assistant Secretary East Standard Mining Company 404 Beason Building Salt Lake City, Utah. , Rico Argentine Royston Coaln Silver King Ooaln Silver King West Silver Shield Sliver Standard Sioux Mines So. Iron Blossom So. Standard Sundance Oil Co. Swansea Con. Tar Baby Tlntic Central Tlntic Lead Tintic Standard Trans-Unio- n in exploration southwestern Yuma County, scheduled to stait this month is ated third in importance as a key to possible development of the oil industry in the state according to W. G. Kneeland, wilting in the Phoenix Gazette. This news is of particular in- -, terest to the many shareholders' of West Toledo Mines Company, which is listed on the Salt Lake Stock Exchange. ' West Toledo holds interests in oil leases located in the general area of the new exploration. This test will be on an undisclosed rite on 42,000 acres leased by Loy Turbeville and asoclates. The .tract extends from a point a few:1 miles east of Colorado River, in Yuma Valley, across the valley eastward to a point just west of Gila Mountains. It embraces parts of Yumas first and second mesas. oil-g- as Of the 42,000-acr- e area, 30,-0acres are in one block and with the exception of two sections are oh federal land. The other 12,000 acres are on state-ownor patented lands. Chrlstie-Stewa- 00 ed rt Industrial Stocks 2.00 JD8 - Amalgamated Sag Pfd... 8 9.00 $ 9.40 First See. Corp. Class A. . 23.00 24.00 20.75 Mountain Fuel 12.25 18.00 Utah Fire day 19.50 29.25 30.50 Utah DU Refining Utah Southern OQ 14.50 15.50 .48 .03 .05 ZCMI Atiiley Volley OH Equity Oil 56.00 Jl 11.00 .18 1.60 -- Eastern Stocks .08 1,02 .13 Oil Con. Oil '. .37 .02 UnMsted Stock Amal. Sugar, Pfd. Utah Fire Clay Utah P. & L. Com. ;06 - .35 .03 .03 85-to- . Utah Ida. Sug. Utah Ida. Sug. Pfd. Victor Con. Western Alloys West. Toledo Wilbert Williston B. Oil Yankee Con. Zuma 53.00 .35 10.25 17 Ore Shipments Week Ending April 3, 191 Justhelm BINGHAM DISTRICT, UTAH Western State Ref. 1A0 Combined Metals Reduction Utana Basin OQ .16 17H Co. 250 tons. U. S. Mines 9205 tons. Utah Copper (Kennecott) n 970 cars daily average. These quotation furnlkhed by J. Hogle St Company, 133 Sooth Main St. EUREKA DISTRICT, UTAH lalt Lake dty, Utah. . AR American Smelting Chief Conslidated Cone. 40 $38 ft A Anaconda Copper 39 cars. RM Homs toko Mining 40 IN International Nickel 42 ft Empire Mines ore 1 car. PD Fbelpa Dodge . 38 Dragon Cons. clay 40 cars. KN Kennecott 71 UTP Utah Power St Light 33 Courtesy J. A. Hogle & Co. Utah Con. Utah-Wy- o. An Arizonas ar .44 .05 .43 .06 .27 Dlugnaiq Park City -. Exploration all-ste-el Oil Securities I ze Arizona Site Of New Oil Drilling Co., of Wichita Falls, TeX., will do the drilling.' " One dril rig owned by the Mine Incentive Plan Turkevile group already is near New Park Mining Co. has an' an and the rite, rotary nounced the adoption of a plan owned is en the drillers by rig miners the which in compaby route. nys employ can gain 25 per Geologization performed since cent of the new profits from pre-wa exploration on a small gross ore sales. The program Yuma Res in the price of metals (parValley tract in the late 1930s a sediment-fille- d indicates ticularly lead and zinc) tonnage anticline extension southeastproduced, grade of ore, and pre- ward from the Bakersfield, vention of waste of materials. In order to participate Ui the Calif., fields. This, in turn, is incentive payments, an em- along a presumed extension of the San Andreas fault-lin- e of ploye must show by his atti- California. tude and the results he attains The Turbeville program is exthat he is worthy of the ploratory, but the extent of the holdings 42,000 acres and the fact that three other groups hold another 15,000 acres adjacent to Turbeville, have brought These quotation furnished by Merrm St 23 East the Yuma program into the curBeane, Lynch. Pearce, Fenner Second South SL. Bolt Lake city. Utah. rent limelight. Bid Asked .04 .06 .02 .05 .59 North Lily . No. Standard . de-oxidi- .. New Park New Quincy or SPECIAL MEETING OF NOTICE STOCKHOLDERS OF EAST STAND ABD . MINING COMTANY Notice Is hereby given that a special 1 meeting of the stockholders of East Stan-dard Mining Company, a corporation or- ganlzed under the laws of the State of Utah, will be held at the office and prln- clpal place of bnslneu of said corpora-- 1 tlon. Room 404 Beason Building, In Salt Lake City, Utah, on Tuesday, the 5th day of May, 1953, at 12:00 oclock noon, for the purpose and with the object of considering and voting upon the preposition - - Oil & Mg. Nev-Ta- h Secretary Tlntic Ontpost " Mining Company, 825 South Tenth East Street, Salt Lake City 2, Utah. , ze .10 .05 Mountain View Naildriver O. B. CALDEBWOOD. ferro-mangane- se , 1. Kentucky-Uta-h principal place of business. .825 South Tenth Eaat Street, Salt Lake City 2, Utah. Notice le hereby given that at a meeting of the Board .of Director! of the Tlntic Outpost Mining Company, held on the 8th day of Aprl, 1953, an assessment of one mill per share, or SI per 1000 shares, was levied on all Issued and out. standing stock of record of the company payable Immediately to the Company at its office, 825 South Tenth East Street, Salt Lake City 2. Utah. .Any stock upon which tiie assessment may remain unpaid on the. 12th day of May, 1953, wQl.be delinquent and advertised for sale at public auction, and unleu payment Is made before, so many. shores of each parcel of stock as may be necessary will be sold on the 2nd day of June, 1953, at the office of the company, 825 South Tenth East Street, Salt Lake City 2, Utah, at the hoar of 1 p.m. to pay the delinquent cessment thereon, together with the cost of advertising and expense of sale. -- $ - $U0 Combined Metals Adds To Output List Manganese Combined Metals Reduction the Combined Metals has also made progress in the metallurgical treatment of the Pioche complex ores, according to Otto Herres, vice president of the company. At a cost of some $4,000,000 an expansion program is nearing completion by Combined Metals and Pioche Manganese Company, an affiliated concern, under the direction of E. H. Snyder, president and general manager of the companies. Increased production and complex ores from the mines of this re markable eastern Neveda district and recovery of manganese concentrate in addition to the other metals of value in the ore are starting points for this new Nevada industry in the Las Vegas area. There the Pioche Manganese Company has taken over a large unit of the Basic Magnesium plant for its operations. The manganese concentrate will furnish feed for the manufacture of in electrical furnaces installed at the Basic plant at Henderson. Electrical energy Is obtained from nearby Hoover Dam. When the Henderson project of Pioche Manganese Company goes Into production early this year, Mr. Herres stated, the steel industry of the West will have an additional domestic source of much needed manganese to and its to use in and ltsal products Toys. Approximately 13 pounds of manganese is required for every ton of steel produced. 22 . One Year Company, During 1952 largest lad and zinc producer in Nevada, has now added manganese to the list of metals flowing from the companys operation. . .04 .07 .07 .05 Consolidated Copper-mine- s Corporation of Kimberly, Nevada, has its geologists on the property for exploratory work. Colorado Con. Vast ccfpper deposits are indiColb. Rexall tl cated on this big acreage in the I 'Combined Metals end of Dixie Valley. 7 upper ' Comet Coaln The claims are almost equidistant from Fallon and Battle 'Commonwealth Lead Mountain near the corners of Cons. Eureka 4' Eagle Oil M Churchill, Pershing and Lander Crescent : Croff Counties with existing roads Crown Point available three directions. : Lengthy negotiations between Dragon attorneys of the copper firm E. Crown Point with various local and Standard property owners in the East Tin. E. Coaln. North Stillwater range have East Utah been under way for months, with near agreement having Empire Mines been indicated from various Eureka Bullion Eureka Lilly Con. sources a few days ago. There has been speculation Eureka Mines that the properties, located just Eureka Standard inside the north Churchill CounGold Chain L. ty line in northern Dixie Val- Grand Dep. cover one of the large copley, Great Western I' per deposits in Nevada.. Horn Silver. $ i ' i Features Mining, ORFinantial K Large Copper k Project In h H Nevada Set ii L Z. .02 15000 .03 c. . 10 M. I xlndicates operating companies. Total Shares Traded 1,543,159 r ollar odds Value $165,588.20 |