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Show 4 Tht Western Mineral Survey, Salt Lak City, UtaK SALES L S. OPERATING Stock East Standard at 54. 034 M X3 .094 .13 .04 1.10 .49 X4 .10 (Cardiff Central Btd. (Chief Con (Clayton Silver (Colorado Con. (Colb. Re sail .234 xCombined Metal xComet Coal'n xCommonvealth Lead Crescent Eagle Oil Croff Crown Point (Cons. Eureka xDragon E. Crown Point xEast Standard B. Tin. Coaln. .15 .04 .. XO 4 .174 .29 .034 J6 A3 .07 V, .05 .28 .114 .014 xHowell Indian Queen .11 .02 y Kennebec Kentucky-Uta- h .17 Keystone (Lakeside Monarch . (Leonora .04 .02 V, .03 .06 .. May Magnolia Lead (Mammoth . . . Miller Hill . (Miners Gold ... Missouri Monarch (Moscow Mt. City Copper 37 .054 -- X3 XI 4 View .034 35 .034 (Nevada Metals. Naildriver (New Park ... (New Majestic 1.574 X34 (Mountain .03 .18 X6 A3 (North (North Standard Lily .124 (Ohio Copper Park Bingham (Park City Con. Park Konold Park Nelson Park Premier (Park Utah. XI 4 ........ ............ .41 X7 X7 X74 2.25 X2 .114 .25 .18 .05 .21' .044 X34 X2 X7 X7 X2 ........ Swansea Con (Tar Baby Tlntie Central xTintlo Lead xTintio Standard (Union Chief X54 .02 X8 ........... ............ Utah Con Con. Oil .... Victor Con. ............ . 1.174 X44 X2 .14 X2 X3 Utah-Wy- o. . Western Alloys West Toledo X34 .044 (Wilbert X34 (Yankee Con. Zuma (Utah Id. Bug. Com. (Utah Id. Bug. Pfd. Unlisted Stacks (Amalg. Bug. Pfd Con. Wag. At Mach. (Utah Pirn City (Utah PAL. Com (E. C. M. .05 4.25 10.75 .... 9.75 40 67X0 21.25 82.00 L J New New Rico . Silver Standard 2000 at 34. Tin tic Lead 500 at 29. Tintic Standard 100 at 1.15, 200 at at 1.224. 100 1.174, at 8. Bingham Metals 3000 at 34. Keystone 500 at 20. Hill-1- 000 WEDNESDAY, OCT. 29, 1947 OPERATING J7 X4 Comet Coaln., 500 at 15. .10 Cons. Eureka, 500 at 16; 2500 at 154. .06 East Utah, 200 at 57. .30 Eureka Lilly, 2000 at 30. .14 Grand Deposit, 2000 at 5. New Park, 300 at 1.60. .014 Ohio Copper, 500 at 12. .13 Park City Con., 100 at 40. .034 Rico Argentine, 100 at 1.65. XO Silver Shield, 1000 at 5. .05 Tintic Lead, 500 at 29. X24 Tintic Btd., 200 at 1.25; 200 at 1.20; X4 at 1.15. NON-OPERAII- X34 .03 .04 .75 .04 .04 X3 Bingham Metals, 5000 at 34. a Crescent Eagle, 3000 at 20. South Iron Bios., 2000 at 7. Unlisted1 Con Wagon, 500 at xlndlcatea operating 45. companies. TUESDAY, OCT. 28, 1947 OPERATING X34 1X24 Bullion 2000 at Cardiff 2000 at XO .06 .13 X24 .42 X74 X9 X9 2.75 .03 .10 X5 X3 .04 at 114. 54. 124; 500 at 12; 1000 Rexall 1000 at 11; 500 at 10. Eureka 1500 at 154; 1000 at IS. Colb. Cons. Howell 3000 at 11. New Park 800 at 1.60. North Lily 200 at 59. Park City Con. 700 at 38. Prince Con. 500 at 23. Rico Argentina 100 at 1X5. Tintic Standard 400 at 1X5. Yankee Con. 1000 at 3. X54 .034 X5 X5 .12 X24 X8 X3 X2 1X5 X5 X3 at 8. Crescent Eagle 2000 Great Western 4000 X3 X34 X4 X6 X5 4.75 11X5 XO at IS. at 6. Unlisted National Tunnel 100 at 6. ' Utah F. Ac L. Com. 35 at 21.75. (Indicates operating companies. Bingham Metals, 2000 at 34. Great Western, 1000 at 54. (Indicates operating companies. Ogden & MORRIS URE, PETT COMMODITIES BONDS STOCKS MEMBERS Salt Lake Stock Exchange Chicago Mercantile Exchange IDAHO FALLS, ' IDAHO 412 B STEER H. E. HAVENOR fir CO. $19 NEWHOUSE BUILDING, SALT LAKE CITY, UTAH MEMBER SALT LAKE STOCK EXCHANGE INFORMATION FURNISHED ON UTAH COMPANIES ORDERS EXECUTED ON ALL EXCHANGES G11C 12 Cylinder DIESEL EUGME 375 Horsepower Suitable for Saw MiL Compresor, Mines, eta. 22 I. lit Cara of Wastorn Mineral Surrey, South, Salt Lake City, Utah li. ,15 X4 XO XI 4 X44 .434 .084 4.50 .64 1.56 9.80 1.12 .63 X34 18.50 .084 xo 4.65 1X4 10.25 1.15 .65 X44 19.00 2.50 3.95 2.00 3.88 05 .14 11.50' 2.10 13.00 2.30 4.55 118.00 4.50 114.00 XI .45 .024 4 SALES 424 274 454 46 434 HM Homes take Mining IN International Nickel KC Kennecott Company 49. at Sidney 600 4.50. at 1000 at 49; 300 at 84. 4.45; 100 at 4.60; ter ,,. ... Mess Gold Nevada Stewart Ottawa ini,,,,, Paramount ant to mankind and a slave to taxation," H. A. True, chairman of the Montana Petroleum Industries committee, .pointed out in a recent statement. He said that since Col. E. L. Drake brought in the first successful oil well near Titusville, Pa., 88 years ago today, the petroleum business and petroleum products have been beset with tax burdens unparalleled in the experience of any similar industry or commodity. The state tax on gasoline alone has brought in approximately $79,913,000 from its inception to the end of last year, and this is only one petroleum tax, a tax paid by the consumers of the product Motorists, of cents course, pay a tax of 1 to the federal government, in addition to the 5 cent tax imposed by the state, on each gallon of gasoline they buy," True said. He continued: BUTTE, Montana Development of oil and gas fields east of Rockies, in Montana, Wyoming, Colorado and in the prairie provinces of Canada, holds a substantial future for the graduates in Petroleum Engineering, John Bukvich, assistant professor of the newest technical course to be added to Montana School of Mines said. He also pointed out the demand for trained petroleum engineers in South America and in the Middle East. Lovelock May Be Site of ExplorationThis town .08 .13 .10 .47 06 Hopesllver High Aurora High Surprise Hunter Creek Hypotheek King Mining King Pine Creek . . Lexington Liberal King Lookout Mt. a,, Lucky Friday ...aii,, Lucky Friday Ex Merger Metaline Pine Cr Mineral King Morning Olory Monitor 114 06 42 .144 144 LOVELOCK, Nevd .04 .03 23 .01 .234 .02 .02 .06 .07 .71 .014 .04 .064 69 .044 X8 14 .02 07 .80 X5 .17 .05 .08 .94 XO .174 16 .03 .04 .024 Pilot Silver . . , .03 XO Plalnvlew .98 Reeves hfaed. , ,,,, XO Sheep Creek Sll Bowl 84 Sll Chieftain .164 Sll Crescent .044 1.72 Sll Dollar A 811 Dollar B 1.73 811 Syndicate 2.55 04 St. Elmo .02 Success a,,,,,, 15 Sunset Mineral Thomas Cons. ...'. 05 XB Utica .01 Wellington .16 Whltedelf X3 Yak. Shoshone ...a,,,,,,,,,, ,,,,, . - .034 ..034 .25 1.00 .85 .16 .18 .05 1.80 1.78 . 2X0 .07 .044 XO .064 .15 X24 X6 36 now pay more than $8,102,000 a year in gasoline taxes alone. Hie combined state and federal taxes are equivalent to a sales tax of 35 percent on each gallon "of gasoline. So we can see that the universal benefits of Drakes great discovery are being restricted by oppressive taxation. Unless all units of government learn to exercise restraint and prudence in taxing petroleum, this resource, which has contributed so much to the welfare of all the people will be taxed beyond the reach of the averMountain Oil Sc age citizen. Mining Journal may profit from a new copper district nearby if a diamond drilling development program by the U. S. Bureau of Mines, expected to begin soon, confirms present showings. The property is the Table Mountain Copper group and is owned by the 'Air-lan- es Gold Copper Mining Co., of which E. C. Bradshaw of Oakland is president. The group embraces. 18 claims. They are situated on, the east side of the East' Range on a line with Dixie Valley between White Horse and Cottonwood Canyons. They were located by Bradshaw before the war. Trenching and outcroppings reveal a deposit 1000 feet wide and 6000 feet long, with backs of 1600 feet, judged by exposures on the mountainsides. The ore is chalcopyrito and extensive assays indicate a content of 1.65 per cent copper, it is reported. Traces of gold up to 40 cents in value and some silver are found. The ore would yield easily to flotation. , . 054 X8 Taxation Puts Oil Drilling Back on Heels, is Claim The the The motorists of Montana 88th anniversary of drilling of the first commercial oil well finds petroleum a serv- 200 Markets The following securities are neither lUted nor admitted for trading privileges on any national securities exchange. Asked Bid 034 .04 Alpine XI XI American Silver X54 07 Asurlte .48 .46 Big Creek Apex 034 X34 Callahan Con.. X24 .014 Caledonia .75 .70 C. D A. Mines 1.50 1.58 Chester 08 Crystal Lead .114 .104 Douglas 1.00 1.20 Golden Age .18 174 Gold Bond Gold Helm . .054 .044 Nabob at 494, New Engineers Told of Chances For Petroleum 57 FOR SALE f-- G, ,12 Registered Clayton 1000 at 49. Unlisted Bunker HiU lo at 19.35. . Day Mines 100 at 3.90; 100 at 3.90. Pend Oreille 50 at 2X0; 200 at 2.15; 200 at 2.15; 200 at 2X0. K' Box L, INTERSESSION And the lead dog in a dog team is the only one that gets a change in scenery. Telephone As Sherman 200 at 65. Tamarack 500 at 64. Unlisted Pend Oreille 100 at 2.15. Sidney 100 at 4X0; 100 at 4.51. Howell, 500 at 12. New Park, 100 at 1X0. North Uly, 300 at 63. Tintic Lead, 500 at 30. Tintic Standard, 100 at 1X0. New Park, 100 at 1X74, SALT LAKE- - CITY, UTAH POCATELLO, IDAHO 22 EAST 2ND SO. 224 WEST BONNEVILLE iitk hi. Metropolitan Metropolitan A Mineral Mt New Hilarity Polaris Sherman 811. Summit Sunshine Sun Con Tamarack United LZ Unlisted Stocks Bunker Hill Callahan Day Mines McGilllvray New World Pend Oreille Sidney Water. Power Whitewater 5000 MONDAY, OCT. 27, 1947 OPERATING Salt Lake Chicago Board Trade .............. Idaho Silver 2000 at 54. Independence Ex. 1000 at 13; 2000 at 13; 1000 at 13. Mineral Mt. 500 at 44; 1000 at 44. New Hilarity 1000 at 8; 1000 at 84; . 10.124 75.00 22.00 88.00 Quotations courtesy of Edwin Lavlgne Co., Spokane, Wain. Asked Bid Butte High 034 A5 .494 .50 Clayton 1X0 1.40 Dayrock X4 4 X3 Gladstone Goleonda .104 ,11 Grandview 194 .204 11.10 10.65 Hecla Idaho Silver .054 X54 13 .134 Independence Ex Dlv .12 .08 Jack Waite Ac Registered Clayton 500 NON-OPERATI- .054 .. 9.90 54.50 15.25 14X0 22.50 87X0 9.65 53.00 14.75 14.00 21.50 83.50 334 JO St. Joseph Lead 624 PD Phelp Dodge October 27, 1947, Monday. Bullion, 2000 at 54. Colb. Rexall, 500 at 11. Cons. Eureka, 500 at 154. East Standard, 2000 at 6. .164 These quotations furnished by J. A. Hogle Company, 132 South Main Street, at Big Hill 3000 Mountan Fuel Utah Oil Refining Utah Power As Light Z. C. M. L A Eastern Stocks BOARD NON-OPERATI- rxo Amalgamated Bugar Pfd. First See. Corp. Class . . .044 100 (Furnished by Edward L. Burton di Company, August 21, 1947, . 160 South Main Street, Balt Lake City.) Bid. Asked. 10.65 Amalgamated Sugar Com. 10.40 AC Magnolia Lead 1000 at 5. Sioux Mines 2000 at 3. x Indicates operating companies. .07 .45 .07 ' Balt Lake City, Utah. Anaeonda Copper AP American Smelting NON-OPERATI- .06 .16 55 .05 .18 .32 .044 at Industrial Stocks at 55. 1000 at 34. at 1.60. Park Argentine 100 at 1.65. Lake-NeYork Stock Exchangee WE SPECIALIZE IN MINING STOCKS PRIVATE WIRES TO ALL MARKETS XIESEL BLDG. 132 MAIN ST. Writ prices pushing again. Phillips Petro-leu- m Co. started the ball rolling when it announced it had advanced the price which it will pay for crude oil 20 cents a barrel on all grades and at all points where it purchases. Phillips action meant a number of things: It meant that other companies which buy crude oil will have to meet the higher price that Phillips is willing to pay. It will probably mean that the cost of gasoline, fuel oil and the other major refined products that oil companies make will be going up in price. It meant that the price of top grade crude 'goes to $2.15 a barrel, highest since 1920. Three of the lay ger remaining oil : companies yesterday joined the action of competitors in raising the price they pay for crude oil. Standard Oil Co. of New Jersey, The Texas Co. and Shell Oil Co. Inc. boosted their price for crude oil 20 cents a barrel following the line of the general price increase set in motion by Phillips Petroleum Co. upward 400 Members Salt ,.v Prices Show Trend Higher are Crude oil furnished by quotation! Richard C. Badger Company, 310 Kearns Building, Balt Lake City, Utah.) Bid. Asked. 2.60 2.70 Silver Syndicate 4.50 4X5 Equity Oil (Nominal 500 J. A. HOGLE & CO. f Unlisted Stocks Majestic Big XO (Silver Standard Sioux Mines So. Iron Blossom So. Standard at 154. X7 XO X44 Cardiff 2500 at 12. Combined Metals 1000 at 234. Con. Eureka 1000 at 154, 0000 East Utah X5 4X0 32 X34 THURSDAY, OCT. 30, 1947 OPERATING 15. 500 XO .. .074 XO ........ I 1X5 X5 4X0 Coalition (Silver King Coalition Silver Sling West (Silver Shield i X44 1.45 Royston I .144 ......... ......... (Plutus (Prince Con. ............ (Prosper Mng (Rico Argentine ......... Piochc Bristol Plumbic Mines I .15 X6 .154 X34 ...... X44 .15 .05 A3 .53 (East Utah Empire Mines xEureka Bullion xEureka Lily Con. Eureka Mine Eureka Standard Gold Chain Great Western xGrand Deposit (Horn Silver . X3 X7 .034 .054 ........ X9 X4 Bingham Metals 1000 at 3. Crescent Eagle 1000 at 194; 500 at 20; 1000 at 204. Gold Chain 9000 at 3. Silver King West 200 at 50. (Indicates operating companies. 1, 1947 Crude Oil NON-OPERATI- .024 .044 at 1.474. .074 ......... 10,000 East Utah 500 at 55. Eureka Lilly 500 at 29. Horn Silver 500 at 28. Leonora 2000 at 24, New Park 100 at 1.60. North Lily 100 at 58; 300 at 87. Park City Con. 100 at 42; 100 at 41. Rico Argentine 200 at 1X0; 100 at FRIDAY, OCT. 31. 1947 Asked Bid Lbld Bteekt . Big HiU Bingham llctkli Bonanza Mining (Bristol Silver (Bullion at S4: 1000 5; 2000 Exchange Quotations (Little October I Sunshine Mining Sunshine Mining Co. reports indicate concentrate shipments being made at rate of about a carload daily, taken to indicate probable substantial boost in earnings. Last week the mine boarding house filled up first time in 10 years. Putting In boarding house addition. t EQUIPMENT Complete small portable rotary, tow truck and winch, rotary tabla 12 tech opsalng, earn 'drill 2,609 Jn. L. Voolksr, 41S N. 2nd St Yakima. j Washington, 5-t- h. FOR SALE OR LEASE Excellent mining proparty, located is Nevada. Etevoa patented claims, tea additional claims, largo mill building partially equipped. Smelter shipments show high returns. S. M. MINING COMPANY P. O. ROX 10S, SALT LAKE CITY. UTAH FOR SALE Address Box 3-- B Western Mineral Survey 22 East 1st South Salt Lake City Utah I i FOR SALE |