OCR Text |
Show The Western Mineral Survey, Salt Lake City, Utah 4 8, 1952 August V Demand for Metals Shows Improvement Salt Lake Stock Exchange 5.at 20, Majestic 0111000 at 5. Miners Gold 3000 at 6, Leonora Madison Wednesday, Aug. 6, 1952 LISTED STOCKS Big Hill Bid 03 Bingham Metals zBonanza OH ft Mining xBristol Silver . zCardUf Central Standard 18 .03 1.22 .32 02 Con xClayton Silver zColorado Con xColumbus Rezall xCombined Metals xComet Coalition Point xDragon East Crown Point xEast Standard East Tlntlc Coalition xEast Utah zEmplre Mines Eureka Bullion ........ ZEureka ... Indian Kennebec Keystone Lakeside xLeonora 09 .24 02 13 12 --!4 06 .24 03 .06 y 07 02 05 02 SO Hill Miller xMlners Gold zMono Kearsarge Moscow xMountaln States xMountain View xNalldrlver Oil xNev-Ta- h Dev Sc New CURB SALES Con Eureka 600 at 12. Crescent Eagle OU 500 at 10, 500 10. Croff -- Park Nelson Park Premier 5. Bullion 1000 at Chief Con 200 at 1.25, -- SALES 2000 at Bullion 1000 at Combined Metals 500 at.. 27. Dragon 100 at 68, 100 at 68. 1000 East Standard 500 at 5, Kentucky-Uta- at at 20, 1000 h UMadUon 20 11, 12, 11 Mlney-10- 00 at at 500 1000 5. 3000 at 5, 10prk Bingham proper at 5000 at 5. 1000 4 at 2000 Oil kJVllliston 43, 200 at 5, 5, 4000 2,1.45. Basin 011100 at at at at 2000 ,Wu?)OStda?dl00 at at at Majestic OU Sc Mining 1000 at 6. at Hi-Mon- o Mountain States Dev 1000 1000 7. Kearsarge 1000 at 7,100 at at 43, North Lily 400 at 43, 5000 100 42, 100 43. CURB BALES East Utah 500 at 19. 600 at 19. Wiiiaan Mines 500 at 20, 500 at 20. Tlntlc Standard 100 500 Kentucky-Uta- h 12. NEV-TA- H OIL Sc at 1.42. at 12, 500 at MINING is tem- financing, porarily .withdrawn towhite sold at 10c be 500,000 shares are wUl resumed be per share, trading as soon as it is completed. ASST. Majestic Oil Sc Mining lc, sold asst sale del pd on - - Tuesday, August 5, 1952 19. 1000 at Commonwealth Lead 2000 at Croff 011500 at 34, 500 at 34. Dragon Con 100 at 70. East Standard 500 at 12. 2000 Cardiff Grand Deposit 1000 24. Howell 550 at Lakeside Monarch at 3000 3. 3. 3. at at 1000 20. metal 1.25. Combined Metals 18. at ISO at 28, 2000 33.at 12, East standard-20- 00 200 at 13. East Utah 2.00 at 19. Howell 500 at 24. at 100 Croff OU 4 1.25, 500 4000 24C, at at L2, Kentucky-Uta12 Vh at 500 h 12, 500 at 6, 19. 6. 6. 6, 1000 at Majestic 0111000 at Madison Mines 1000 at 1000 at Miners Gold 1000 at 1000 at 3. Moscow New Park 50 at 1.87, 100 at 1.90. 100 at North Lily 300 at North Standard Park City Con 16, 500 at 26. 42. 42, at 3, 1(100 1000 at 1000 at 3. 26, 1000 at Tlntlc Lead 500 at 11. 1000 at 11. West Toledo 230 at 8, 250 at 8. wmiston Basin OU 1100 at 39. Yankee 1000 at CURB SALES Croff 011300 at 33. 200 at 33, 500 3. It 33, 1000 at 33. 1500 at 12, 500 at 12. 1000 at Mining 1000 at 33. East Standard 500 at Magnolia Lead ft Oil Majestic 1000 at Utah-Wyomi- ng OU 6. ft OU 100 at 31. 6.6, Tungsten Ore Opened At 5. California Mine Calif. zlndleates operating companies. Aft at LOO 0 3000 1000 33, Friday, August 1, 1952 W 11 at 500 6. at 3. at 1500 North Standard .... . 33, 33. Standard Miners Gold 2.80 .11 xPlumble Mines 1 2 .14 Plutus . . .14 09 zPrince Con .03 02 ZProsper Oil Sc Mng 2.27 2.20 xRlco Argentine 12 .14 xRoyston Coalition 3.50 xBllver King Coalition ... 3.00 .47 zS liver King Western ... .45 .04 03 xBllver Shield .04 03 zSllver Standard .03 02 Sioux Mines .08 .05 South Iron Blossom ' .15 .17 xSouth Standard .20 17 zSundance OU .02 .01 Swansea Con .05 03 Tar Baby .01 01 Tlntie Central .12 10 Tlntlc Lead 1.45 1.42 xTlntlc Standard .11 10 zTrans-Unlo- n Oil .02 01 Utah Con 3.20 XUtah-Idah-o Sugar Com. 3.00 xUtah-Idah- o Sugar Pfd. 10.12 10.50 35 xUtah-yomin g Con OU.. .31 .03 02 Victor Con .04 .03 xWestern Alloys .08 07 zWest Toledo .05 04 WUbert .45 . xWUllston Basin OU 03 S3 Yankee Con .03 03 Zuma Bid Asked UNLISTED STOCKS 9.75 xAmalgamated sugar Pid. 18-5-9.40 19.50 xUtah Fire Clay 31.25 30.50 xUtah P Sc L Can 62.00 68.00 ... . . . 7. xPark Utah 0111000 at 500 at 12. East Eureka Lily 1040 at 7. MiMim Mines 500 at 20, .09 42 02 40 .04 22 02 02 .03 2.47 09 Quincy at 1000 at at 12. Development of the Black Rock mine by Black Rock Mining, California subsidiary of Wah Chang Corp. of New York, is reported to have disclosed more and higher grade ore than was expected when the company acquired the property early in 1950. BLacfc Rock controls four soheelite properties in Inyo county and is installing the mill formerly operated on gold ore at the Northumberland mine, 85 miles northeast of Tonopah, Nev,. at its Linoln tungsten property near Hiko, Nev. Tungsten mills in the Bishop area range in size from units treating 50 to 100 tons of ore a day to the massive Pine Creek installation operate by Bishop, Electro-Metallurgic- Division, al Union COPPER Valley (foreign 34.900c refinery) Consumers continued to ask for all of the copper that they are entitled to get and sales of July metal now exceed 90,000 tons. Allocations for August will be down by about 11 per cent to offset excessive deliveries this month. As in recent weeks, fear of work stoppages in August has been a factor in maintaining business at a high level. Fabricators shipped products during June that contained 107,709 tons of copper, against 109,890 tons in May. Stocks in the hands of fabricators as June ended totaled 245,750 tons, against 240,962 tons a month previous. Daily averages on foreign sales continue to show a rather wide range. However, our averages on foreign business, including sales to this country, were based on sales of 23,000 tons for the week. LEAD 16c, N. Y. (f.ajs. Gulf 14 e 529 NEWHOUSE BUILDING, SALT LAKE CITY, UTAH Member Salt Lake Stock Exchange Information Furnished on Utah Companies Orders Executed on All Exchanges Telephone 5-3- PD Phelps Dodge KN Kennecott UTP Utah Power by at 22. Registered at 2. 23, 500 New Hilarity 1000 at Polaris 100 at 3. 4.35. Silver Summit 100 at 1.38. Sunset Minerals 2500 at Sunshine 30 at 9.75. Western A 3000 at 19. 3! Unliste- dBunker Hill 15 at 20.75. 100 at 2.07, 500 at) Sidney 100 2.05. at 2.00, Water Power 7 at 111.50, 9 st White Water OVER-THE-COUNTE- 5000 at 2. R MARKETS The following quotations are compiled from Information obtained from various brokers. The securities are neither listed nor admitted for trading privileges on any national securities exchange. BOARD SALES Registered Grandview at 36. at 12. 500 Jack Waite-20-00 Lucky Friday 100 at 1.78, 100 1.78. 100 at at 1.80, 1.77, 100 at New Hilarity 1000 at Sun Con 500 at 52. 3. er buying continues quiet. ZINC 15c. East St. Louis tf.a.s. Gulf 13.Sc) The president has signed the order that reinstated the import duty on zinc. This action restores the duty of 610c per pound on the zinc content of ores and concentrates and 710c a pound on the metal Demand for zinc in the domestic market showed some improvement The f.a.s. Gulf quotation was adjusted downward because of the duty. .Foreign trade has been dull ALUMINUM pig, 19c ingot The Office of Price Stabilization has disclosd thaet the Aluminum Company of America has applied for a 2c rise in the ceiling price of primary aluminum in the form of pig and ingot. At the same time, the aluminum producer has asked for a 10 per cent increase in the selland ing basis of fabricated products. Kaisier Aluminum also has requested a 18c semi-fabricate- d price .increase. Rising costs, particularly wages, were cited by producers in their applications for price relief. J. A. HOGLE & CO. Member Salt York Stock Exchanges WE SPECIALIZE IN MINING STOCKS Loans Slade on Listed Mining Securities 132 Main St. 5 Wall St. 2380 Washington Blvd. SALT LAKE SPOKANE OGDEN Eastern Stocks Carbide & Carbon Co. This plant, known locally as U. S. VanadiThese furnished um, has a daily capacity approxi- Hogle ft quotations Company, 132 South Lake City. Utah. mating 1500 tons of scheelite. Salt AR American Smelting Copper Principal mines are at elevations AHMAnaconda Homestake Mining 8000 feet. to 11,000 from varying IN International Nickel H. E. HAVENOR & CO. c) Sales of lead in the domestic market for the week totaled 7653 tons, which compare with 4299 tons in the preceding week. Increased buying w?s nled for the batterv, cable and tetraethyl lead industries. The undertone of the m:rket was firm. Not included in the weeks sales were the purchases by the government for its civilian-defensstockpile. Such purchases of now total wel over ,one-hal- f the 30,000 tons mentioned by DMPA as its objective. In addition, the regular stockpile expects to take on more metal from the U. K. Foreign consum- - 1000 at non-ferro- us 2. ISO xNorth Idly zNorth Standard zOll Securities Park Bingham xPark City Con Park Konold 2, 6. 5. Butte High J.. A. Main St. $43 46 36 Lake-Spokane-N- ew 46 37 81 31 ft Light Industrial Stocks These quotations furnished by 'Merrill Lynch, Pearce. Fenner ft Beane, 23 East Second South Bt Salt Lake City, Utah. Bid Asked Amelgamated Sugar Pfd 9 9.40 S 9.75 First See Corp Class A . 23.00 24.00 19.25 18.75 Mountain Fuel .. .. ss.50 19.50 Utah Fire Clay 32.50 31.00 Utah OU Refining Utah Southern OU . . . - 15.00 15.50 48.00 62.00 ZCMI . at Grandview 350 at 40. Hecla 5 at 14.00. 'Met M & L 500 at 21, 500 steel-makin- L.45. Mng Nevada Monarch xNew Park Light 5. 5. 19 Mammoth 6b 2. 02 05 03 .05 xMaJestlc Oil Sc Mining.. xMadlson - Mines xMagnolla Lead 8 Oil 39, , 10 zUttle May UNLISTED Utah Power 1. 800 5. 18 Monarch at 40. 39, 1000 price. Orders for prime western grade for galvanizing are expected to increase substantially g is resumed, but as no boom in zinc is anticipated because of the large tonnage of the metal which ha accumulated in the hands of producers steel during the seven-wee- k stoppage. users continued a Copfper for the metal in demand strong the face of labor unrest in the domestic industry, and the lead market was firm on reports of increased buying on the part of major consumers. Major developments in the metal market for the week according to E. & M. J. Metal and Mineral Markets, wer as follows: GENERAL The Dow Chemical Company revealed that it is planning to go into the titanium metal business at the proper time." It is experimenting with the electric cell method of producing the at 452 5. 01 .03 xKentucky-Uta- h 1,at Tlntlc Central 1000 at Will Is ton Basin Oil 1500 INTERSESSION much-neede- 111 Unlisted Callahan 100 at 2.50. Sidney 500 at 1.96, 200 1.97. and. restoration of the import d duty on zinc provided zinc props for the shaky Monday, August 4, 1952 Bullion 2000 at Combined Metals 500 at 28, 500 at 28 Croff OU 100 at 33. 100 at 33. Dragon 300 at 72, 300 at 68, 100 at 68. East Standard 5400 at 11, 500 at 12, MO at 11, 500 at 12. Eureka Lilly 1000 at 7. 1000 at Indian Queen 1000 at 'Magnolia Lead ft OU 1000 at 7. Miners Gold 2000 at Mono Kearsarge 1000 at 7: Mountain States Development 1000 at 1000 at 2000 at New Park 100 at 1.90. North Standard 1000 at 3. Park City Con 500 at 27. Prosper Oil ft Mining 1000 at Tlntlc Standard 100 at 1.45, 100 at 06 03 Queen 12. at 800 at 2.22, 4 REGISTERED STOCKS. Settement of the steel strike 33. 19 zHowell 40, 26, 7. 3 at 30.75. CURB SALES Cardiff 500 at 19, 500 at 19. Croff OU 4000 at East Standard 500 at 12. Magnolia Lead Sc Oil 1000 at 7. Majestic OU ft Mining 1000 at North Lily 10 at 37. 03. 05 Con Lilly Kearsarge 500 at North Lily 500 at 40, 1100 at Park City Con 500 at 26, 300 at 2.20. at ,07 Eureka Mines zEureka Standard Gold Chain xQrand Deposit Great . Western xHora Silver at Royston 09 31 05 65 04 .11 OU 2000 at 10 Crown 1000 25. .26 08 V .03 y, ... 500 Mines 200 at 26, 1000 at Plumbic 1000 at 9. Rico Argentine 100 10 Lead xCommonwealth xCon Eureka Crescent Eagle Oil xCroft 19 5. at at 1000 6.Mono .12 .08 05 . xBullion xChlef Aaked at 1000 Spokane Stock Exchange BROKERAGE COMPANY CROMER Salt Lake Stock Exchange Building, 39 Exchange Place Salt Lake City 1, Utah . Complete information furnished on all stocks. Member I Salt Lake Stock Exchange. Orders executed on all Markets. |