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Show Hie Western Mineral .Survey, Salt Lake City, Utah Lead Zinc Salt Lake. Stock Exchange MARCH WEDNESDAY, H1U Big I, 1954 Bid Llated Steeka ;.02Vfc .03 V4 .03 (Bonanza OU A Mng XBriitol Sliver (Bullion Cardiff Central Std (Chief Con (Clayton Silver - 08 .25 .02 46 22 March 5, 1954 D1V UL Pr. As Light 50e, Payable Asked April 1st to stockholders of record. Mar, 5th. .03 .04 TUESDAY, MARCH 2, 1954 .04 .08 Comwealth Lead 1000 at 2. X7 Croff OU 500 at .03 Dragon Con. 400 at 90. .50 East Tin. Coaln. 500 at .24 Eureka Lilly 1000 at t , - -- 16. 3.4. Steady Further reductions in the price of both lead and zinc became effective last week as President Eisenhower was meeting with four western senators to discuss what 17 .18 Howell 300 at 22. .04 .04 could be done to stabilize the do500 at 2. Indian Queen ..... .01 .02 Leonora 1000 at lead-zin- c mestic 04 .05 mining industry. Madison Mines 1000 at 50, 8500 at 07 .08 100 49. 2700 at at 50, The zinc was lowered by 49, price 17 .17 As OU Lead 1000 6000 at 5, at Mag. .02 X3 cent to 12000 at 9 cents a .88 .90 OU ft Mg. 3000 at (Dragon Maj. East .01 E. Crown Point .02 St Louis, the lowest pound, OU ft Mng 8500 at 10. .07 .06 (East Standard North Lily 100 at 37. since October, 1949. A leading cusE. Tin. Coal'n 04 .08 North Standard 1000 at 16 .17 (East Utah OU Securities 2700 at 87, 2000 at 88, tom smelter initiated the move as 02 Mines .03 (Empire 100 at 87. business continued dull and stocks .03 .04 Eureka Bullion Park City Con. 1000 at 15. .03 03 (Eureka LUly Con. 300 at 2. Park Premier on hand continued to mount des.02 .03 Eureka Mines Royston 2000 at 11 .14 On the (Eureka Standard SUver Standard 1500 at pite production .02 .03 Gold Chain West Toledo 500 at anheels of the cut came .01 price Xl (Grand Deposit Wllllston B. OU 500 at 19, 100 at 20. .08 .07 Great Western nouncement Yankee Con. 500 at Zinc New by Jersey .05 Horn Silver 04 Cask Bales X2 X5 (Howell company that it will reduce outComwealth Lead 1000 at 2. .01 XI Indian Queen h OU ft Mng. 1000 at 10. put by an additional 2000 tons Kennebec .05 .04 New Park 200 at 1.10. 04 .04 (Kentucky-Uta- h at its smelters in Palm-ertomonthly MONDAY, MARCH 1. 1954 XO .23 Keystone and DePue, HI. In .01 Lakeside Monarch .01 Pa., Bristol SUver 1000 at 4. X2 .03 (Leonora one battery of furnCOL Rexall 1000 at 16. 1952, August, X2 .01 Little May Bristol Silver 100 at 4. Palmerton-wa44 aces .46 at shut down (Madison Mines COL Rexall 1000 at 16. OU ... .04 .05 Magnolia Lead Crown 2. 2000 at Point and late last 05 .05 year production at Mng (Majestic OU Dragon Com 500 at 92, 200 at 90, 200 DePue was reduced. The March .35 (Mammonth ............. JO .02 .03 Miller HU1 East Standard 6000 at 03 .04 cutback will increase the comMiners Gold East Utah 1000 at 14. 04 .05 (Mono Kearsarge 2000 at Grand Deposit panys total curtailment to 5000 .01 Moscow .01 Kennebec 1000 at ML States Dev. ; .01 XI tons a month, according to E. & Little May 1000 at 2. 02 .02 (Mountain View 5100 Madison Mines 7300 at at 52, 53, M. J. Metal & Mineral Markets. X3 X5 (NaUdrlver 5700 at 54, 1800 at 53. 3200 at 51. Nev-TOil ft Mng. .... X9 .10 The price of lead was trimmed OU 2000 at Mag. Ld. ft 1X0 L15 (New Park Maj. OU ft Mng 3500 at 6, 385 at one-ha- lf .07 .09 (New Quincy cent a pound to 12 cents Maj. OU ft Mg 1000 at X8 North lily X9 31. 1000 Mammoth at Sales . a pound, New York basis. Contin. 01 .02 (No. Standard Miners Gold 1000 at 4. 75 .81 SALES-Regist(OU Securities BOARD ered ued weakness ofthe London marMono Kearsarge 2000 at 02 .04 (Park Bingham 1000 4. ML at Dev States 14 .14 ket made the action necessary, it (Park City Con. OU ft Mng 1000 at 11. h Independence 1000 at WALLACE, IDAHO An exten01 Park Konold .02 OU Securities 600 at 88, 400 at 89, was reported. there 1000 at 10. .01 Quotations Park Nelson .02 Metropolitan sive diamond drilling program has 1600 700 1000 89. at at 87. at 90, .02 Park Premier .03 have been substantially below the INTERSESSION Registered Prosper OU ft Mng 5000 at 2. 03 been initiated on the new 2400-foPlumbic Mines .04 SUver Shield 200 at 5. New York price for some time and 16 .20 (Plutus 23. 500 at Clayton SUver 9000 level at the Heda-Atla- s Std at .04 Prince Con. project .06 Trans-UOU 1000 at 5. a considerable amount of foreign Golconda 200 at 17. 01 .02 (Prosper OU A: Mng. of and east work in laterMullan, OU B. at Wllllston 9000 19. 75 1X5 (Rico Argentine lead was being offered in the doGrandview Seles 18. 500 at Carb al been 04 has .04 Coaln headings (Royston .suspended East Cr. Point 1000 at 2. mestic market at substantial price Silver King West .35 J2 Heda 100 at 6.65. Croff OU 9500 at 16. results ' of the drilling. pending 03 .04 (Silver Shield concessions. Declining demand East Standard 1000 at Met M. & L. 1000 at 10. .01 .02 (SUver Standard The drilling procedure has been Little May 2000 at 2. .01 .02 (Sioux Mines was to also said a be in factor the Metro A 2000 12. at 51. 1300 50. 200 Madison Mines at at Bo. Iron Blossom .07 .04 adopted, it is understood, as the Mag. Ld. ft OU 1000 at cut. 05 .09 (So. Standard Mineral 2000 8 Mt. price at Maj- - OU ft Mg 4000 at 6. quickest means of obtaining infor.13 .15 (Sundance OU North Lily 200 at 37. Min. 3000 Sunset at Swansea Con. 03 .04 mation on geological developCopper Miners Gold 2000 at 4. .01 Tar Baby .00 Sunshine 100 200 at at OU 100 87. at 8.70, Securities , 8.70, ments. occurring between the 800-fo- ot 01 Tlntlo Central .02 Except for the continued 400 Zuma 4000 at 8.90. Tlntlc Lead at .06 05 shaft level and the newly-openstrength in cash copper on the FRIDAY FEB. 26, 1954 72 .75 (Tin tic standard ' Water Power 50 at 28.90. 2400-fo(Trans-Unio- n Sales OU 04 .05 ' London level. The drill Metal the Exchange, price Bristol SUver 1000 at 4. 1.25 . 1.35 (United Park City Unlisted disclositres will be used as a 2000 at 2. situation showed little change. The Colorado Con 3000 at Utah Con. .01 XI Col. Rexall 3000 at 16. 2.75 3.25 (Utah Id. Sug. Com. guide in planning additional exBunker Hill50 at 11.25. problem of obtaining special Comet Coaln. 1000 at 10.12 10.75 (Utah Id. Sug. Pfd (Utah-WyCon. Oil 24 .27 work on the new bottom London Kentucky Utah 2000 at in has some caused New ploration World 42 33.00. shapes at Little May 3000 at 2. Victor Con. .01 .01 level. consumers to to turn the 200 12500 Madison at at 01 Mines 52, 53, .02 govern(Western Alloys 300 at 52, 2700 at 5Q, 100 at 51. 1200 at ment for additional .11 09 (West Toledo Four diamond drills will be in supplies, pay52. Wilbert 02 MARKETS .04 19 .19 a of 4 (Wllllston Bdsln OU as much Mag. Lead ft 0116000 at as 'Ths following quotations an compiled operation on a ing premium per day 01 .02 Maj- OU ft Mng 2000 it 6, 1000 at (Yankee Con from Information obtained from various basis as soon as ton. marthe In Zuma long per 01 foreign arrangements .02 brokers. The securities an neither llated 6000 at 4. Unlisted Stacks Miners Gold 5000 at Two are on have been completed. Nev-T1000 ket the near position was easily nor admitted for trading privileges OU ft Mng 4000 9.00 9.50 (Amalg. Bug. Pfd at7, national securities full-tim- e any exchange. 1000 1000 at on at at a 7TS000 at Fire 9, 18.00 8, . a 19.50 schedule (Utah Clay already maintained, with backwardation 10500 at 10, 2500 at 11. 2000 at Utah P. ft L. Com. 35.12 35.37 of 18 on three-montand a third is being run tyro shifts North Lily 1500 at 38. copper. 50.00 53.00 (Z. C. M. I. Oil; Securities 2800 at 80, 2500 at 81, (xXndlcates operating companies) a day. The January statistics of Cop1000 at 82. 1000 at 83, 500 at 82. Sales Plans call for both down-hol- e 1000 at 811. Shield 5000 at Bullion 1000 at per Institute estimated deliveries UL Wyo. Con. 011600 at 24. Cardiff 500 at 26. to U. S. consumers at 77,091 tons. and lateral drilling. Comet Coaln. 9000 at Silver Standard 2000 at Wllllston B. OU 2000 at 19, 100 Foreign deliveries were up. The Croff 011500 at 16, 2500 at 17. 450 Over. 2000 feet of drifts and at 16. 1000 at 17. at 20. crosscuts havd been completed. trade thought the U. S. statistics Yankee Con. 2000 at Dragon Con. 200 at 90. Curb Sales East Utah 2000 at 14. 500 at 15, 3000 inwere influenced by year-en- d Croff OU 1000 at 16. at 16. Grand Deposit 2000 at Kentucky Utah 3000 at use Actual of ventory. problems. Leonora 8000 at Maj. OU ft Mng. 500 at 6. Mono Keargarge 1500 at Madison Mines 3000 at 48, 3800 at 45, copper in January increased, it These quotations furnished by J. A. OU ft Mng 2000 at 11, was h 1700 at 44. 100 at 45. said. 1000 at 11. Mag. Ld. As 0111000 at 81L Shield 2000 at Miners Gold 7000 at Lead AR American Smelting .$29 1000 at 5. East Standard 2000 at 7. A Anaconda 31 h OU ft Mining 1000 at 10. the weeks volume, in the THURSDAY, FEBRUARY 25, 1954 Though HM Homestake Mining 36 Bales 2000 at IN International Nickel .. domestic market increased to 5,628 37 New Park .1100 at 1.17. Bristol SUver 300 at 4. . . PD. 32 Phelps Dodge North Lily 600 at 39. Croff 0111000 at 15. tons in the tons, 1,429 UTAP preagainst Power Utah 34 ft Light Park City Con 1500 at 5, 12500 at 14. Dragon Con. 100 at 88, 100 at 87, 300 Park Premier 250 at at 90, 100 at 92. vious week, producers were not Plumbic 1000 at Howell 500 at 22. 2000 at 3, exactly satisfied with the rate of Little May 2000 at Prosper OU St Mng. 1000 at 2. 811. K. Westn. 200 at 35. Madison Mines 3100 at 50, 4750 at 52. improvement. Consumers behav1500 Ut. Id. Sug. Com. 54 at 2.62. These quotations furnished by Merrill Majestic OU ft Mng 438 at ed as if the outlook here were still Wllllston B. OU 1000 at 19, 500 at at 6. Pearce, Fenber ft Beane, 129 So. Lynch, Mono Kearsarge 2000 at Main Salt Lake City, Utah. Street, 19. uncertain and limited their they h OU ft Mng 4000 at Curb Sales Bid Asked Comet Coaln 1000 at North Lily 500 at 38. First See. Corp. Class A. $24.00 25.00 avin most to instances purchases 72. OU Securities 1500 at 71, 500 at Croff OU 1500 at 17. Mountain Fuel 20.75 21.12 1700 at 75. Grand Deposit 6000 at erage price business. Utah OU Refining 24.00 25.50 4000 at 3. New Park 300 at 1.15, 200 at 1.17. Premier Park 13.00 Utah Southern OU 13.50 Zinc North Lily 300 at 39. Z. C. M. L Royston 1000 at 50.00 53.00 Park C. Con. 1000 at 14. A custom smelter reduced its Sundance OU 700 at 13. OU , 8.75 9X5 .. Equity Wllllston M. 0117500 at 19. Wllllston B. 0115500 at 20. .12 Justhelm .15 basis on Prime Western New Park 300 at 1X0. selling Yankee Con. 7000 at 90 States 1.00 Western Ref ' .07 Carb Sales ASST --Bullion Mng. lc, Del. . OU . Utana Basin .' .08 zinc to the basis of 9c.j East St. sold asst ptf-.- on Sale Bullion 1000 at OU 03 .04 Morgan 1. 5000 at ASST. Little May e. Del. Ind. Queen Louis, a reduction of Uto Royalty 3.25 3.50 Madison Mines 200 at 52. sold asst. pd. on Sale . . .40 .43 English Oil cent and a new low for the move.32 .34 Ashley Valley Ulntan-Wy02 .03 ment. With no improvement in business, others soon followed this move. Stocks of slab zinc are still accumulating, though smelters in E. & all parts of the country are cur529 NEWHOUSE BUILDING, SALT LAKE CITY, UTAH tailing output. Common Stock Member Salt Lake Stock Exchange Tungsten Ore in tungsten ore quoUnsettlment Sold Bought Information Furnished on Utah Companies tations in the free world has reachOrders Executed on All Exchanges ' ed the stage where some operai tors are withdrawing from the Telephone INFORMATION FREE UPON REQUEST V market. The decline, some claim, has been overdue. Quotations are Please send 'me a report, on Uranium, Inc.' down to the level. Wo; Name lframite of good known analysis was available at prices ranging & Address from $16 to $18 per shorj; ton unit . i Member Salt York Stock of W03, c.i.f. U. S. ports, duty Mail To Exchanges WE SPECIALIZE IN MINING' STOCKS extra, nearby positions. IScheelite prices showed a wide range, with Loans Made on Listed Mining Securities ' recent sales reported 'at a spread 132 Main St. 2380 Washington Rlvd. SALT LAKE CITY of $5. Sellers were asking from $20 OGDEN Member Salt Lake Stock Exchange 523 West SPOKANE to anLake Ave., on Utah $25 Sprague Salt per unit, depending 39 Exchange Building City, alysis and time of delivery. Colorado Con. COlb. Rexall (Combined Metala Comet Coaln (Commonw'lth Lead (Cone. Eureka Crescent Eagle OU (Croff Oil Crown Point ... 01 .17 .02 XO Eureka Standard 1000 at Horn SUver 2000 at 5. 12. 2. 5. 5, Nev-T- one-quart- 5. 1. ah er 4. 1. 9. 2. cut-back- s. Nev-Ta- n, s 7. 4. 1. 4. 5. 5. 4. ah . , 2. Nev-Ta- Idaho Mine ot 1. n. . 7. . 4. , , 2. - 1. . ed ot 2, 4.4. o. OVER-THE-COUNT- 3. - hs 4, 4. 2. 4. Mono-Kearsar- Nev.-Ta- Nev-Ta- 3.5. ge - 3, ah 7. 9. 8. 24-ho- ur 1. 1. 1. 5. 4. Eastern Stocks 4. 9. . V -- 2. 3. 1. Nev-Ta- 4. 1. Unljsted Stocks 5, 5. 7. 4. 8. 1. one-quart- er o. URANIUM, INC. H. . HAVENOR CO. i pre-Kore- j. A. HOGLE . CAYIAS V BROKERAGE . an Lake-Spokane-Ne- CO. w CO. |