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Show The Western Mineral Survey, Salt Lake City, Utah 4 Salt Lake Stock Exchange WEDNESDAY, NOV. 5, 195t NOV. 8, 1959 SALES 500 at 37ft, 1000 MONDAY, 8 L STOCKS at 37ft, Croff Oil at 37ft. Dragon Con. 100 at 65, 400 at 65. East Standard 500 at 14. Little May 2000 at 2ft, 1000 at 2ft. Miners Gold 1000 at 8ft. Tintic standard-2- 00 at 1.12ft. 100 at 1.12ft. 100 at 1.12ft 100 at 1.12ft. Trans Union Oil 300 at 9. 500 SALES CURB Royston 500 at 12, 1000 at 12, 500 at 12. Tintic Standard 100 at 1.12ft, 100 at 1.12ft. Western Aloys 1000 at 3. Cardiff Cres. Eg. Croff 38. 300 II, OCTOBER FRIDAY, 1959 SALES 300 at 10. 001000 at 7ft. at 39, Oilr-2- 00 at 38. at 38. 200 at 1200 Dragon Con. 1000 at 65. 100 at 65, at 65, 100 at 67. East Standard 2500 at 14ft, 500 at 14ft. East Utah 3000 at IS, 500 at 16. Grand Deposit 1000 at 3, 500 at 3. Horn Silver 1000 at 8ft. Leonora 1000 at 3ft. 1000 at 3ft. Majestic Oil St Mng. 1000 at 4, 1000 500 at 4. Mono Kearsarge 1000 at 8ft, 100 at 8. Mt. States Dev 1000 at 4ft. Park CKy Con. 1000 at 28ft, 9000 At 28 Mb Silver Std at 3ft. 1000 SALES CURB Cardiff 1000 at 12. Clayton Silver 300 at 33. Dragon Con. 800 at 66. Mlnera Gold 5000 at 5. Mt. States Dev. 2000 at 4ft. North Lily 400 at 39. North Standard 5000 at 2. Park City Con 2500 at 28ft. Royston 5000 at 12. Tintic Standard 100 at 1.17ft, 900 at 1.15. Ut. Wyo. Con. 0111000 at 33. THURSDAY, OCTOBER 80, 1958 SALES Croff 011100 at 39, 100 at 39. Dragon Con. 200 at 61, 100 at 61. 100 at 61. 200 at 61, 300 at 61, 100 at 61, 100 at 62. East Standard 500 at 14ft. Little May 1000 at 2. 364 at 1ft. New Quincy 1000 at 9. Park City Con. 500 at 29. at Park City Con. 500 at 29. Prosper OU Sc Mg 1000 at 2ft, 2, 1000 at nAvsfmiXAA X18I1.' at 43. 2. 11. K. Westn Sundance Oil 100 100 it BOO at 43. at 17, 11. 1000 BOO At at 40, 100 100 at 17. 32 Employees Of Bralome Reject Strike SALES xlndlcates operating companlei. Bristol Silver 2000 at 7. Bullion 5000 at 4, 1000 at ' Craft Oil 500 at 37. at 66. Dragon Con. 500 at at65, 100 65, 1000 at 70. 100 at 67, 300 at 68. 50 East Standard 2000 at 14. 300 at Kentucky Utah 2000 at 4. 3. , Nev-Ts- 40-ce- nt 11-3-- 2, 10-9-5- 2. 2. H. E. HAVENOR & CO. 529 NEWHOUSE BUILDING, SALT LAKE CITY, UTAH Member Salt Lake Stock Exchange Information burnished on Utah Companies Orders Executed on All Exchanges Telephone - 57 i Spokane Stock Exchange domestic mines .face shutdowns at the close of last week as prices of both lead and zinc declined further to meet the continuing threat of cheaper foreign metals. Lead was reduced one-ha- lf cent to 13 cents, New York basis and zinc dropped one cent to 12 cents, East St. Louis, the lowest since May, 1950. Copper, on the other hand, presented a sharply different picture with foreign and domestic strike shutdown further aggravating an already tight supply situation. Some observers expressed the view that a rise in price, both foreign and domestic was in the offing. The weakness in the lead and zinc markets was seen by some market analysts as an extremely. ' unfortunate development since it was causing the closing of many domestic operations whose production would be needed if the political or military situation should change. Reopening of idle mines is a slow and costly process ,it was pointed out Some lead producers criticized the British government for dumping its sizeable lead stock- -' pile and driving the price of the metal to a figure which they contend is unjustifiably low. Simon D. Strauss, vice president of American Smelting and Refining Company,' summed up their view, .when he pointed out that the British policy has removed all incentive to bid prices up on the exchange. he said, On the contrary, there has been every incentive to put prices down. He noted that the market weakness is not due to any lack in demand in this country and that the situation could reverse itself rapidly if unexpected political or military developments occur. Zinc, on the other, hand, was seen as being in excess supply basis and there on a world-wid- e were some predictions that 'further cuts could be expected. E. & M. J. Metal and Mineral Markets viewed the situation 17. at at 17, New Hilarity 2000 at 3. Unlisted Bunker Hill 100 at 17.00. INTERSBSBION Registered Golconda 1000 at Grandview 150 at 33, 150 at 18. 35. at Hecla 50 at 12.25, 100 at 12.30. Lucky FrL 1000 at 2.00, 300 2.00. 9. Met B 500 at Met at 10. Sil. Summit 100 at 1.37. Sunset Min. 500 at 18. Sun Con. 2000 at Unlisted Bunker Hill 10 at 17.00. Pend Oreille 500 at 5.30, 200 Ar-1- 000 45. 5.30, 100 at 5.45. Sidney 100 at 1.68, 1200 at 1.70. OVERDUE-COUNTE' R , MARKETS Tbs 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. SALES Monday, Nov. 3, 1952 BOARD SALES Registered Golconda 1000 at 20. tak for all foreign business ported to E&MJ is re- 13,991 tons. About 1300 tons of copper will be lost to November NPA allocan of a retions through at Kennecotts Hurley, N. verb M., smelter. The strike at Calshut-dow- umet Heclas Northern properties further & Mich- cut igan down domestic output Consumption of copper by fabricators came to 122,943 tons of refined copper for September, 3700 tons of higher than the August total. Shipments to fabricators, however, came to 134,698 tons, a new high for the year. LEAD c., N.Y. (f.a.s. Gulf, nominal) The price of lead was reluc34.863c., tantly dropped c to 13 c, N. Y. by a leading' seller and re13 With some expected new production having failed to materialize both in the U. S. and abroad, and with strikes and n curtailing furnace current production, the outlook is one of continued stringency in copper. In contrast to weakening lead and zinc markets, copper is stroger, and a rise in price, both foreign and U. S. is a possibility. ' ' Brtain, her copper intake curtailed by the strike of Northern Rhodesian producers that began October 20, is likely to look elsewhere for metal, even to Chile, and to pay a higher price for it than she likes. The weeks to- shut-dow- . luctantly followed by others. Cause of the price cut was attributed chiefly to the steady weakening of the London Metal Exchange quotation from 111 per long .ton on Oct l.to 80 on Oct. 22, at which time the price bounced back sharply in the afternoon session to 83 bid. The 80 figure is equivalent to about 12c., N. Y. Sales in the domestic market for the week rose to from the previous weeks total of 3947 tons. 10,-5- Lake-Spokane-N- ew Then quotation! furnUhed by J. A. 132 South Main St. AR American Smelting A Anaconda Copper KM Homestake Mining International Nickel IN PD Phelpa Dodge KN Kennecott UTP Utah Power St Light U't r 940ft 40ft 37 CO. York Stock Exchanges SPECIALIZE IN MINING STOCKS Loans Made on Listed Mining Securities 132 Main St. 5 Wall St. 2380 Washington Blvd. OGDEN SALT LAKE SPOKANE ft 44ft 36 73 32ft Industrial Stocks Tbeie quotations furnished by Merrill Lynch, Pearce. Fenner St Beane. 23 East Second South Bt Balt Lake City, Utah. Bid Amalframated Sugar 'Pfd. 8 9.00 First See. Corp. Class A . 22.50 19.12ft Mountain Fuel 18.00 Utah Fire Clay Utah Oil Refining ....... 28.50 14.00 Utah Southern Oil 57.00 ttmt & AYE Hoglfr St Company, Balt Lake City. Utah. 56 A. HOGLE j. Member Salt Eastern Stocks ...i.. 2000 Independence 1000 More Bralome Mines, Ltd., recovered 16,708 ounpes of gold from 41,976 tons of ore milled at its property in the Bridge River district of British Columbia during the quarter ending Sept. 30, a company report reveals. Earnings are down sharply for the present, the .report as follows: COPPER of the conpoints out, because ' and costs in tinued increase 24c, Valley (foreign lowier return for gold due to the refy.) discount on United States funds, 14, plus a drop in the millheads 13Mi caused by dilution from drifts Leonora 2000 at Mt. View 5000 at 2. and Some stopes which are not Madison Mines 4000 at 22, 500 at 22. Mono Kearsarge 2000 at 8ft. yielding ore up to expectation?. New Quincy 1000 at 10. In rejecting a recent employe 1000 at 36. 300 at 36. Oil Securities Park City Con. 3500 at 28ft. demand for a wage increase, Prosper Oil St Mg. 1000 at 2ft. 100 at 2.17ft. Rico Argentine company officials pointed out Tintic Lead 500 at 7ft. that the companys revenue has Zuma 1000 at 2ft. been reduced $400,000 by a 14 CURB SALES per cent decline in the return Big Hill 668 at 3ft. Cardiff 300 at 12ft. on an ounce of gold and that the Silver Standard 3000 at 3 ft, 2000 at at 3ft. company was not currently 3ft, 1000 h Oil Sc Mg. is temporarily withannual divthe drawn while financing, 500,000 shares earning are to be sold at 10c per share, trading idend. will be resumed as soon as it is comA strike vote arising out of pleted. del. Asst. Grand Deposit ftc. the rejection of the demand was sold asst. pd. on sale sale turned back by the employes del. Asst Zuma lc, sold asst. pd. on by a margin of 137 to 126. CurAsst. Silver Std. ftc, del. on asst. sold rent basic wage is 110 a day, sale pd. Asst. Little May ftc. del. with miners working on a footsold asst. pd. on sale sale del. Asst. Cardiff 2c, age basis receiving $5 to $10 a sold asst. pd. on Div. Ut. Wyo. Con. Oil 2c. payable day additional and those workon October Nov. 10 th, solr a ing in stopes getting $2 to $6 27th. tonof basis on the Div. Clayton Silver bonus lftc, payable day Dee. 15th, to .stockholders of record Nov. nage removed. 15th. 2, New Shutdowns Loom As Metal Prices Slump November 7, 1952 Asked 8 9.40 23.25 19.50 19.80 30.50 14.75 61.00 CROMER BROKERAGE COMPANY 1 Sait Lake Stock Exchange Building, 39 Exchange Place Sait Lake City 1, Utah AYe have a limited number of 1951 summary bf stocks, also high-loa price sheet that will be sent to yon free upon request. ar w |
