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Show Emu!.: I C9 ai N S "Jet u& fteJt Significance Volume 28; No. 49 in tj9 a Tke-Oi- l 00 i Official Says 'No Pro-Rati- on not about to buy pro- rationing of oil in Utah at this time, C. R. Henderson, chairman of the Utah Oil and Gas Conservation Commission said. Mr. Henderson, with Gov. George D. Clyde and fellow Utah commissioners, attended- a joint meeting with Governor Edwin L. Mechem of New Mexico and the New Mexico Oil and Conservation Commission. We informed our friends on the New Mexico Commission that Utah had a statute which specifically prohibited limiting of oil production to 'match market deMr. Hendermand - (pro-ratio- n), son said. He said the New Mexico commissioners explained the bene- in regard fits of to correlative rights assistance in financing oil field development, etc. He haid the two commission had mutual problems other than Issue. the Would Utah have to cut back its production of crude oil for the Los Angeles market in favor of an increase in jproduction in New Mexico if our state had proMr. Henderson was ration? pro-rationi- New headquarters for U.S. Steels Columbia Iron Mining Co. at Cedar City, Utah, is this modern general office building, which was open to the public on Feb. 7. Completed earlier this, month, the new structure contains 8, 204 square feet of office space on its main floor and boosts individual heating and air conditioning controls for each room. The largest private telephone system in Southern Utah links the various iron mining operations in the area. ng pro-rati- on asked. U.S. Steel Corporation Dedicates New Building CEDAR CITY, Utah The new blue and tan headquarters building for the U. S. Steel Corporation iron mining operations was completed earlier this month, less than a year after work began last March. The transfer of office equipment and facilities from the old office building at Iron Mountain began on Jan. 13. Now that were finally moved in and settled, we want all of our employees and friends to see our new headquarters, G. D. MacDonald, general superintendent, said today. Were proud of this building and feel that it is a demonstration of U.S. Steels faith e in the future of this area. We hope ' everyone will be able to visit us soon." At the open house held Feb. 7, visitors saw the most modern equipment and facilities available for carrying on a major business enterprise, as well as learn about Columbia Iron Minings organization, operations and history. Children who were accompanied by parents were given comic books on and Knowings long-rang- steel-makin- g Not Enough balloons, symbols of U. S. Steels nationwide safety program. The reinforced concrete block structure contains 8,204 sq. ft. of office space on its spacious main floor. Downstairs, a full basement bouses an employees' lunch room, a main central chemical laboratory, now under construction, offices, and heating and air conditioning plants. Each office in the building can be individually heated and d. The largest private telephone system in Southern Utah has been installed in the building to link all Columbia Iron Mining operations in the area, such as those located at Iron Mountain and Desert Mound. The new general office building is located at 1552 West 200 North in Cedar City. N.-M. Group Seeks Policy Change The New Mexico Economic Development Commission has come up with a program it wants the Atomic Energy Commission to adopt for continued exploration of uranium ore in the USA. The commission believes, as is now evidenced in the industry, that curtailment of concentrates purchasing and limitation on mill expansion has and will in the future greatly reduce the search Thats exactly right and we are not about to buy In Utah at this time,Mr Henderson pin-rati- on declared. Atlas Corn, is -- Partner in Radium King Mine Atls Corp. has become a partner with English Oil Co. in the Radium King Mine in White Canyon area of San Juan County, J. A. Minton, Salt Lake City, president of English, reported. The deal results from purchase an Atlas of assets of Petro-Atla- s, oil affiliate, by American Petro-fin- a, the former associate with English in Radium King. As a part of this transaction, American Petrofina swapped its 22.7 per cent interest in the Utah Uran- ium mine. Other interest holders in the mine include John M. Wallace, chairman of Walker Bank & Trust Co.; Tom Skidmore, Delores, Colo., head of Skidmore for new ore bodies. Mining Co., and R. N. Usher, commission the of Proposal Cortez, Colo., banker. calls for formulation of a governMr. Milton reported that the ment program to encourage ex- mine produced some 189,344 tons ploration for further uranium reserves essential to our national security by giving (a) prompt repayment of successful drilling costs, (b) advance payment on a sliding scale of from 50 cents to $50 a tpn on ores ranging from O.- 10 per cent to 10 per cent U308, (c) subsequent yearly advance payment on a sliding scale of from 5 cents to $5 a ton for ore ranging from 0.10 per cent to 10 per cent and (d) that these advance payments be reimbursed to the government out of operating prifts when and if the ore is mined.The proposals also call for a custom mill in the Lake area servwho miners dont have mil ing contracts and who are now being rationed on shipments. - ve Grants-Ambros- ia . or uranium ore during Decem- ber with shipments going to the Mexican Hat mill of Texas-ZiMinerals Corp. in San Juan nc County. We believe we have one of the largest mines in White Canyon area, Mr. Minton said. Magna Copper Lists Income Dip Magna Copper Co. is reporting a loss of $2,340,548 for the year 1957 compalred with a profit of $7,475,827 equal to $6.21 a share for 1956. The figures are believed reflective of the very serious decline in copper prices in the last 18 months. I I I Price I 10, . i i ornia Group Plan? ding Cryolite Plant For Utah Oil We are f $ng Wetl4" Salt Lake City, February 7, 1958 i d Heckatbom Co., Rich- phates and ammonium phosCalif., proposes construc-ose- a phates at Garfield. ie Fluorides would be taken out tion of a $250,000 artificial cryo- of the phosphoric acid circuit at lite plant at Garfield, Salt Lake the phosphate plant and mixed The deal is still dependent upon with other chemicals to produce United Hecka thorn concluding some 3,000 tons a year of the cryocontracts for purchase of fluorides lite. The material is utilized in pot from Western Phosphates, Inc.', as a catalyst in producing lines treble of superphosproducers aluminum. Primary market is in the Pacific Northwest for production from the proposed Salt Lake plant. When constructed, the plant would be od.'r-- ent to the Western Phophates operation, owner by Stauffer C hemical Co. and Garfield Cheriical and Manufacturing Co. (I ennecott Copper Corp. Aquisition of substantial oil and and American Smelting & Refingas holdings has recently been ef- ing Co.). fected by Mono Kearsarge ConsolMerwyn D. Riddle, Richmond, idated Mining Co., Atlas Bldg., Calif., has been named Salt Lake Salt Lake City, according to division manager for United Heck-- a thorn and will oversee the plant Charles E. Collins, company operation. president. The proposed plant would iniIn addition to its mining properties in the Ophir, Utah mining tially employ some 15 persons. district, the company now has in- Such facilities are highly autoterests in oil and gas leases cov- mated and direct employment is ering several thousand acres with relatively low. nine producing oil wells and an Mr. Riddle, a graduate of the annual income of approximately University of California has been $55,000, Mr. Collins reports. It is with United Hecka thorn for ten expected that by cleaning and years, and said the new plant sand pumping some of the wells, would employ a method of artiproduction can be considerably ficial cryolite production herettP1 fore untested on a production line increased. basis. On one of the leases are two For this reason, no disclosure off set locations. Rig has been as to mechanics of the process is moved into place and drilling is underway. One property covers being made. He said that he was of hopes 3840 acres located in Hood, and Parker counties, Texas. Geologi- that we can start right away cally it is considered located on a on construction of the facility. Production of artifical cryolite gas cap with possibilities of both gas and oil. It is expected that a by United Hecka thorn would be drilling program will be initiated another important addition to the on this lease during 1958, Mr. Col- chemicals complexes which are lins said. The location is situated growing up around Utahs basic within a mile from a gas well that minerals processing industries inpotentialled 1,500,000 cubic feet volving oil, nonferrous metals, of gas a day in an open flow test uranium, steel, phosphates and run by G. B. Greiner, gas engi- potashes. neer, Breckenridge, Texas. Additional holdings include an 160 acre lease in Osage County, TexaSr as well as additional properties in Oklahoma. Other officers include Alonzo A. J. OConnor, vice president Mackay, vice president and Dr. and general manager of ConsoliSkidmore and Mr. OConner, didated Coppermines Corp., Kimrectors. Following announcement of the berly, Nev., says Coppermines new property acquisition, Mono will increase its program of exstock has been trading briskly on ploring for new mineral wealth the Salt Lake Stock Exchange in the Intermountain West after with the price rising to as high sale of its White Pine County, as 20 cents per share. Back in Nev., copper properties in an November the stock was offered $8,400,000 deal to Kennecott Copper Corp. for three cents per share. Mr. OConnor said four or five technicians would join him in the expanded venture. He is now trying to decide on a central location for his work. The choice is apparently beThe Texas Co. Monday asked tween Reno and Salt Lake City. the Utah OU and Gas ConservaemMr. said OConnor former tion Commission to approve locaKimat of wildcat to the ployes are Coppermines'to the four tion of a 5,700-foscattering Aneth Pay area in Ismay Field, berly He winds. said Nevada Mines NaSan Juan County. The firms Division of Kennecott is doing a vajo J-- would be drilled 1,980 wonderful job in absorbing what feet from the west line and 660 it can, people economically. He feet from the north line, Section said include these supervisory 21, Township 40 South and Range and truck drivers employees, 26 East. Carter Oil Co. asked the 220 More technicians. than peragency to approve location of a sons were on the Coppermines 5,650 foot Hermost test at 114-1payroll before transfer of propCreek, Navajo Tract some 1,830 feet from the north erties last Saturday. Mr. OConnor has been with line and 1,808 feet from west line, Consolidated Coppermines at the Section 7, Township 41 South and Kimberly camp some 31 years. Range 25 East. Mono Kersarge Obtains Oil and Gas Holdings . Coppermines Eyes Exploring Hike Oil Company Lists Aneth Wildcat ot 4 Mc-Elm- o 8, t |