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Show t Aprii 23, 1943 The Western Mineral Survey, Salt Lake City, UtaH Mining Stocks Have Listless Week In Salt Lake Coal-O- il Recent Stock Quotations tests Made Mining issues held their ground fairly well in a listless Exhaustive tests to develop a week of trading on the Salt Lake Stock Exchange, but many fuel composed of a mixture of issues showed losses of from several points to small fractions. oil and coal, for years the goal of research chemists and engiA few issues but none gained, was sensational and brokers predicted a quiet time as a reaction to the War Savings drive. -- Horn Silver was active almost 0B at daily through the week and thriv lrJtpabr on the' exercise. The issue sold at 9 Friday, was up to 9 on Saturday, moved up to 10 early this week and closed Thursday on Unlisted Mark a substantial sale at 11 cents. Amalg. sr. pm. The market dropped perceptibly Tun' on Monday with . a number of ut. 'Fir ciay stocks losing ground, but steadied I t PALM Pfd. P A L $7. Pfd. thereafter and held firm on the Ut. Z. C. M. I Sales following days. Bing. Met. 8.000 at Bullion 1.000 at THURSDAY", APRIL 22 1.4; ---- -- ------ neers; have been started by the United States Bureau of Mines Qua tat ions furnished and the Atlantic Refining Com- Edwin Larirne A Co. pany. in an industrial boiler- of . - --- the company at its Philadelphia refinery, it was announced today. If the tests prove successful in developing a colloidal fuel for .industrial furnaces, heating plants, and power generators, the amount of oil needed by this type of equipment will be reduced by and will be an about one-thir-d toward alleviatfactor important ing the serious petroleum shortage along the Atlantic seaboard. It is expected that the tests will a montfy. be concluded-withiPast tests to determine the pracfuel have ticability of a coal-oi- l Moreover, inconclusive. proved until the war caused the present acute shortage in fuel oil, the abundance and cheapness of this type of fuel left little incentive for experimentation in colloidal at 1,000 4.' 18. 4. Colorado 1.000 at Comet Coal'n. 300 at 4. Rtd. 3.000 at Eu. Lilly Coif. 100 at 18. Horn Silrer 3,000 at 10. Mew Park 50 at 64. Ohio Copper 100 nt 1.000 Park City Con. 1 000 at Rico Argentine 1.000 at 00. Tintie Std. 100 at 1.75. Walker 50 at 37. . 8: 5. e of Lexington Liberal at 7. Unlisted National Tun. 50 at 3.39. Ut. Ft. 87. 35 at 55.00: 3 at 55.50. fuels. si The Bureau of Mines reported 20 tuesdayTapril Harto Secretary of the Interior Unlisted Storks: Combined Metals . Bid. Akd. coal-oi- l fuel the L. Ickes old that Amalg. Sug. pfd. ... lie Con. Wag. A Mach. can adapted Commonwealth Lead radily probably Mat. Tun. A Mine. . Crerrent Eagle to existing boiler equipment in Utah Fire Clay Croff ... industrial plants! and with no loss Utah P 4 Ml pfd. Crown Point Utah P A L 87 pfd. in plant efficiency." Dragon Z. C. M. I . Crown Point It was primarily to seek some as Sales: Rant Standard so method of conserving additional Chief 3.000 Con., at 38. K. Tin. Coal . Clayton Silrer. 300 at 42. fuel oil that the Bureau of Mines East Utah Colorado. 4.000 at 4. Empire Mines .. initiated the current experiment Eaat. Standard. 1,000 at Emeka Bnllian .. 4. colloidal fuel probably 53 Eureka 300 at Con., 14: at Lily Although 15; Eureka Lily Con 500 at 15. not be burned in domestic could Eureka Mines Horn Silrer. 1.500 at 500 at 9 Eureka Standard ..... its use by heavy 0: furnaces, Mew Park. 1.300 at 60; '700 at 63. heating Cold Chain would undoubtedly rePark City Con.. 1.000 at 5. Great Western industry Tar Baby. 3.000 at . Korn Silrer . sult in diverting a large quanTintie CentraL 5.000 at . Tintie Standard. 100 at 1.75. tity of fuel oil to other indus. Indian Queen Utah Wyo. Con. Oil, 500 at 7. tries now seriously affected; by Unlisted Sales the shortage. In addition, its genKone. Keystone . . as use in the future would open eral The will closed be Exchange Friday. Leonora ... Good 33, April a new and steady market for the Friday. LiUle May distribution of bituminous coal. Magnolia Lead Mammonth . MONDAY, APRIL 19 Experts of the Bureau of Mines Miller Hill . ffSSSSSSSSSSS Unlisted Stocks andthe Atlantic Refining ComMiners Gold MtMMtt Pfd Sur. 7.55 Amalg. Missouri Monarch a pany are optimistic that this efCon. Wag. A Meh 3.85 Moscow fort to develop polloidal fuel for Mat. Tun. A Min 3.35 Mt. City Copper . Ut. Fire Clay 55.00 industrial use will prove successMountain View . eeaeeoo 0 Ut. P A L $5. Pfd 50.00 Kaildriver burn ful. It Is planned to ' Ut. P A L 87. Pfd 54.00 of mixture the of 1 Z. C. M. 53.00 gallons New Premier aossss Sales fuel oil and powdered bituMew Quincy .. sssasssssso heavy Chief Con.. 300 at 30. Koilh Lily coal in .the test boiler minous IIMIMtlll Mo. Standard Clayton Sil.. 300 at 43; 700 at 43." are made of methwhile studies 3.000 at 4. Colprado, 1,000 at Ohio Copper Cr. East Pt 1,000 at ods of storage and of the effects Park Bingham Eu. Lilly Con., 1,500 at1.18; 500 al of variations in the mixture and Park City Con, Park Konold in combustion conditions. Eureka Mines.' 1,000 at 1. Park. Nelson . Horn Sil. 1,500 at 3,000 at 0. The mixtures used in the exPark Premier New Park. 3,100 at 50; .700 at 60; Park Utah periment contain approximately 900 at 50. Pioche Bristol m GO North Lily, 300 at 53; 50 at 50. per cent oil and 40 per cent Plumbic Minea Ohio Cop- - 50 at 0.. coal pulverized Into bituminous Park C. Con., 1,000 at 5. in grinding mar form powdered Park Nelson. 1.000 at 1; Rieo Argentine . chines. The. type of coal used Rico Arg.. 500 at . 01. Royston Coaln. Sioux Mines. 1.000 at 3. with a relatively Silrer Kinr Coal is bituminous, Tar Baby. 4.000 at . . Silrer King West The greatest content ash low 300 . 38. at Walker. Silrer Shield ... so a mixture establish to is 100 at Id. Ut. Com, 3.97. ' os Silrer Standard . problem Unlisted Sioux Mines will prevent the settling which Ut. Pr. 87, 30 at 55.00. So. Iron Blossom a conseof coal particles-anSo. Standard . . of and coal oil quent separation SATURDAY, APRIL 17 Tar Baby ' components. Unlisted Mis gtoeka Tjntic Central It is pointed out that the minIlls Amalg. Sur. Pfd . 7.65 7.80 Tinttc lead Con Wng. A Meh could he done. in central, mix3.55 4.35 Tintie Standard ing Tun A Min 2.2.20 Ration1 Union Chief . 3.50 as ing plants and delivered to conKl55.00 63.00 Utah Con. sumers "just .as. fuel' oil is now' 50 00 Ut. Wyn. Con. Oil 1 87 pfd - P 54.00 The proximity. of bitudelivered. 55.00 Victor Con. M 1 65 00 53,75 Walker ' Mining to the great indusminous fields Sain IIIMM West Toledo . of the east also centers Bristol Sil, 1000 fct trial Wilbert 0. Chief Con. 309 at 40. Ska the burden of oil would lighten 3000 Colorado at Ziim Comb. Met. 1000 at 4. transportation. Horn Sil., 1000 at 9. Under the agreement by which Howell 3000 at 5. 9. tests are being conducted, the the Unlisted Stork New Park, 27000. at SO. Ut. Id. Com, 92 at 2.57. has supplied the necAmalg Sug Pfd 7.80 government Unlisted 3.85 gwj. Wag. ft Meh essary powdered coal' and oil and None. a A5 IJat Tnn. ft. Mining the company has contributed the Ut. Fire fin55 00 P J. ML Pfd use of its facilities and research 51.50 U. S. War Expenditures W.PM- TT. $ 1. Pfd 55.50 department.- The .data- obtained 53.00 Sales War expenditures by the Unit- will be assembled by the Bureau Bristol Silrer 1.000 at ed States Government reached a of Mines. F Cn 500 5. " 15'4 : 500 Bt new the MUWk high of $7,112,000,000 in First negotiations between and Atlantic Kenfnekr Utnh 600 at 8. Company Refining to Office the March, Horn Silrer 3 500 at 10: 1,000 at 11. of War according Information. This was the "Bureau of Mines over the adMew Park 1.800 at 63: 43 at 1; 100 13.7 per cent greater than the visability of. conducting a major of the practicability of colprevious high established during test loidal fuel began a year ago. At January of the current year. From July 1940 through March a meeting of representatives of & 1943, the United State Govern- the leading oil companies' in Sepment disbursed $87,700,000,000 for tember, the Bureau of M 1 n e s, of war purposes. Expenditures by with the aid and Assayers and Chpmists for the administrator the Treasury and the Reconstrucpetroelum Tslsphons tion Finance Corp. and its sub- war, was encouraged to undertake a thorough investigation of 165 So. W. Temple sidiaries are covered by these the problem. figures. The tests now- under way at Salt toko Ckf Point Breeze refinery of the Iron Ore Movement for 1943 the Atlantic Refining Company are The Great Lakes iron ore move- designed to determine, among CRISMON & NICHOLS ment for 1943 is expected to reach other things, the various types 95,000,000 tons,, according to of boilers and furnaces in which Asscrysrs and Chsmlati Chairman Donald M. Nelson of the colloidal fuel may be used, ora hippsrs' oqonta. the War Production Board. The taking into consideration the com131 SOUTH WES1 TEMPLE goal for 1943 is 3.000,000 tons bustion space, the size of the pasmore than the record set last sages, the amount of ash in the P. Boa 1705 year and 15,000,000 tons more coal,, the fusion temperature of Bah. Lake City Utah the ash, and the. best methods of than the total moved in 1941. removing ash from the boilers and furnaces. The tests are being supervised E. in behalf of the Bureau of Mines Salt Lake City, Utah 500 Newhouse Building by Dr. W. C. Schroeder. assistant chief of the. fuels and explosives MEMBER BALT LAKE STOCK EXCHANGE INFORMATION service. Dr. Arthur B. Hors-bergFURNISHED ON UTAH COMPANIES ORDERS EXECUTED ON ALL EXCHANGES of the Atlantic Refining .Company is directing the comTelephone pany's technical experimentation. . , . . . - A4 02 .018 -- .08 .03 A2h Merger Met. Metals Morning Glory Monitor Ottowa .15 .14 .53 .11 ,09 A5 .00 .07 ..... Portland J1 .11 Reeves Macd 30 - .50 .17 1.00. Sheep Creek .03 .03 Silrer Crescent .06 ..10 Silver Dollar A .10 05. Silver Dollar B .03 .01 Wellington Sales April 19, 1943 A. M. Sales Board .Sales unlisted: 100 at Bunker Hill, 30 at 13.75; Intermission registered: Golconda, 1,000 at Grandview, 1,000 at 7. Jack Waite. 1,000 at 7. Met. M. A L, 500 it 18. Polaris, 1.000 at 88. Sherman, 200- at 30. Snnsliine, 100 -at . 8.00. Slut Con., 1.00 Oat Tamarack. 500 at 49. Unlisted ,. - -- , assesses courtesy . t East by . . Alla Tunnel ... Am. Met. M. Co. Big Bill Bii.gliam Metal Black Metals . Bonanza Minina Brlf-to- l Silver Bullion Cardiff Cedar Talia . . . Central Standard Chief Con Clayton Silrer Colorado Con . Spokane Stock Exchange .5. " Unlisted Stocks Bunker H1U Callahan McGilllrray Mew World Noble Five Pend Oreille Premier. Sidney Whitewater i ..... .... . a " Power - . . W. W. 13 80 13.00 .70 1.50 .18 3.80 4.35 .01 .02 1.54 1.75 70 .00 .15 .16 03 .04 108.00 110.0P 33. : -- Market The following Securities are neither Hated nor admitted to unlisted trading The ouotations are derived privllixea. from bids and offers by member broker after the close of the atomic exchange session. Bid. Asked. Butte Hirh. Callahan Con. C. D. A. Crystal Douglas . Fern Gold Golden Age. Glacier . Golden Mess. High Aurora High Surpriae ..... er ....... ......... ...... ........ ... Bunker. Hill.' 30 at 13.75; 100 at 13.75: 300 at 1.60. Sidney. 3,500 at 10. Pend Oreille. 1.05 : 750 at 100 12.75. 1A5; 350 13.75; 100 at at at P. M. . Sales ' Board Sales registered: Clayton, 500 at 40. Met. M. A L, 1,000 at 14. Metropolitan A. 1,00 Oat 8; 1,00 Oat 8. Sun. Con., 500 at 31. intermission registered : Independence, 3.009 at 11. Jack Waite, 1000 at 7. Metropolitan A. 1,000 "at Polaris, 500 at 85. Sunshine, 100 at 8.50. r Unlisted Bunker Hill, 100 at 13.75; at 200 4. 100 Pend Oreille, 200 at ; 1.62. W. W. Power. 10 at 108.00: -- 108.25. nt 13.85; 12.65. at 1 - . Eastern Stocks These Quotations furnished by J. A. Hogle Company, 133 South Main Street," Salt Lake City, Utah. AC Anaconda 20 Copper AR American S. R. Co 43 HM Homes take Mines 37 In International Nickel 34 Kn Kenneeott Copper UVV IJ. 8, Smelt. Ref USS Ut. Meeal A Tunnel 32 .58 43 ft 45 LT National Lead JO St. Joseph Lead 15 33 30,-00- () 4; 9; ; s Normal Quotations furnished by Rich- - Rip Van Winkle A Co.. 135 Sonth Main Sunshine Cona .io ard C Badger ' lilver SsilE b - S(,,niDeTeOP1M n?2mJinri " ''' !2 .02 . 45,. .03 .35 A3 .30 :::::::::: New Bingham Mary JJereur Dome Park City Utah ;lo .07 05 .25 .10 .07 .40 . a . . . . d . eta! - . Tt- - Amalgamated Sugar' Common........' Amalgamated Sugar Preferred Consolidated $ 3.G0 7.50 3.90 29.00 9.00 54.00 . 53.00 Wagon Sc Machine First Security Corp. Class A Asked Utah Oil Refining' ; Utah Power Sc Light $7 Preferred . L. Edward Burton and Company, April by. ICO South-MaiStreet, Salt Lake City, Utah. .- -. n $ 3.80 . 7.70 4.25 30.00 9.50 55.50 55.00 22. 1943,' . SO . . - - . Black Deason : - Are Frozen Royalties WASHINGTON to Royalties paid by domestic mine operators for copper, lead, and zinc ores mined from leased properties ate frozen by the Office of Price Administration today at rates in effect on Dec. 31, 1942. This is done to ensure that the additional premiums on lead and zinc recently authorized under the premium price plan may be used, as intended, to meet actual costs of producing these strategic metals. Diversion of the added premiums Into increased royalties landowners, OPA said, "is an unwarranted expenditure of public funds, which can contribute nothing to further production. Royalties, based on the original premiums, amounting to 5 cents per pound, for copper and 2 cents per pound each for lead and zinc, are not affected by this order unless these premiums were not included in royalty calculations last year.. As a result of its action, OPA expects that. ' miners operating leased properties under B and C quotas will be able to mine ores of appreciably lower grade at the present level of premium payments. , 13 - - a . . . " H. HAVENOR & GO. . er . 3-38- 57 ScUnmcjim EflecQirnc Go. NEW AND USED MOTORS Dopondobi. sK AND TRANSFORMERS FOR MINES, MILLS, FACTORIES DIAL 274 SOUTH FIRST WEST 17 Formally 141 Florpont An. m |