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Show Hie Western Mineral Surrey, Salt Lake City, Utah Confusion In Zinc Disturbs Metal Market Salt Lake Stock Exchange AUGUST S, 195S Asked Bid Listed Stocks .04 .03 Big mu .05 .04 xBonanza Oil Mnf. . .06 .05 xBrlstol Silver .05 .04 xB ulllon .27 .25 xCardlff .03 .02 Central Btd. .75 .70 xChlef Con. .25 .23 sClajrton Silver .02 .01 Colorado Con. .10 .08 Colb. Rexall .19 .18 ... xComblned Metals .09 .07 xComet Coal'n .03 .02 Load xCommonw'lth .07 .06 xCons. Eureka .09 .07 Crescent Eagle Oil .. .14 .13 xCroff Oil .05 .04 Crown Point .90 .87 xDragon .06 .05 E. Crown PYoint . . . .06 .06 xEast Standard .09 .06 E. Tin. Coaln .15 .13 xEast Utah .03 .02 xEmplre Mines .05 .04 Eureka Bullion .04 .04 xEureka Lilly Con. .03 .02 Eureka Mines .16 .14 xEureka Standard . . .02 .02 . Oold Chain .02 .02 xOrand Deposit .15 .14 Oreat Western .06 .05 Horn (Silver .23 .19 xHorvell .02 .01 Indian Queen .07 .05 Kennebec .05 .05 XKentucky-Uta- h .34 .30 Keystone Monarch . . .02 .01 Lakeside .04 .03 xLeonora .03 .02 xLltUe May .18 .16 xMadlson Mines .08 .05 Lead k OB Magnolia OU .03 .02 Mng. Majestic .34 .30 Mammoth .03 .02 Miller Hill .04 .03 xMlners Gold .05 .04 xMono Kearsarge .02 .01 Moscow .05 .04 Mt. States Dev WEDNESDAY, a .... ......... ..... a View xMountain .52 JSSSTob 1.10 Park xNew xNew Quincy North Lily Standard xNo. xOll Securities xPark Bingham xPark City Con. Park Konold Park Nelson Xj? .07 .42 .02 .30 .07 .25 .03 .03 .04 .07 Xq .10 '0 i .08 .01 5 3- . "JJ XiS HsE Premier Park Mines xPlumblc Plutus xPrlnce Con. x Prosper Oil & MnS- - xRlco Argentine xRoyston Coal n Silver King. West Silver (Shield xSllver Standard.. Sioux Mines So. Iron Blossom .06 jg .05 Con. .02 .01 .07 1.00 .12 1.75 .02 !01 01 .06 ! Tlntlc Central Tlntlc Lead. xTlntlc StandardOil xTrans-Unlo- n xTTnlted Park City Utah Con. xUtah Id. 8ug. Com. xUtsh Id. Bug. Pfd. o. .02 .03 .07 .08 .15 'PS 011 xSundanee Swansea Con. Tar Baby XUtah-Wy- 2.25 .11 .45 Standard xBo. .02 .59 ' .08 .02 m .10 Oil ... 1.65 , .01 3.25 2.90 10.37 10.12 . .30 .02 .02 .07 .05 ga Victor Con. XWestern. AUoys Toledo 'L xWest x Wilbert on Basin xWUllston ".02 xYankee Con Zuma STICKS UNLISTED lA?AlgwgciSd' . P. & L. Com. xmah ' '.03 .03 9.40 uioo .. 19.50 32.25 56.00 31.50 companies) (vindicates operating SALBB 5, 1000 'Bristol gH. 2500 at 1000 at 5 at 3000 Bullion Cardiff 500 at Central Std. 28. 2000 at 4.5. at 2. o 011600 at 14. at 90. at Utah 600 at 12, 500 at Great Weitn. 1000 at 15.6. Mag. Ld. ft 0111000 at Mammoth 1000 at 33. Nev. Tah Oil ft Mg. 1000 Croff Dragon Bast East , Con. 700 Std. 2000 6. 13. 2. sult of American Smelting and Refining Companys abandonment of Plumbic 2000 at 5. 1 12000 at the East St. Louis basing point 1000 at Prosper 4000 Royiton 6100 at 9. 500 at 7000 at system in favor of a delivered 3400 at at 9, 5000 at 5500 at 10. 500 at 10. basis, according to E. & 1000 at 6, price 811. Shield 18000 at and Mineral Markets. Metal M. J. 7000 at Tlntlc Std 100 at 97. Lead continued to give a good Trans. Un. 5500 at 10. West Toledo 1000 at 6. 1000 at 6. account of itself and St Joseph 4500 2000 at 7, 1000 at 2000 at Lead Company boosted the price at 7, 500 at 8. CUES SALES cent to 14 another Cardiff 200 at 27. cents a pound. New York, on the Dragon Con. 800 at 95. North Lily 300 at 41. strength of good domestic demand Park C. Con. 1000 at 25. Royston 100 at 11. 11. It and a firm foreign market Trans. Un 500 at second advance the was at 5000 Toledo West price . within a week for lead. On July MONDAY, AUGUST 8, 1951 20 the St Joseph firm had upped gaiJMi its quotation from 13)4 cents to Big Hill 1000 at 3. Bonanza Oil ft Mg. 1000 at 5. 13)4 cents a pound. Bullion 1000 at Cardiff 600 at 26. 1300 at 27. Hie unexpected action by Asar Comwealth Ld. 1000 at co in dropping a zinc pricing sys2. 1000 at Con. Colorado at 82, 700 at 85. Dragon Con. 500 which has been more or less tem East Standard 2000 at 6. Eureka Lilly 2657 at standard since 1903 has produced Horn ISUver 1000 at a state of complete confusion in Kennebec 1000 at 6. at Little May-20-00 the market for time being. It is Mag. Ld. ft 0111000 at at 500 ML 8tates Dev 1536 at believed in many quarters that the action will result in completeNew Park 400 at 1.12. North Lily 75 at 34, 400 at 38, ly divorcing the pricing of high at 38. 20Q at 39, 300 at 42. metUorth Standard 1000 at grade and special high-grad- e Park Bingham 2000 at 6. al from the prime western grade. Park SC. Con. 500 at 25. 300 at 9. Last week three separate and Royston 1000 at 8000 81L Shield 5000 at 5, 1000 at distinct prices were in effect at (South Std. 1200 at 6. was Asarco selling prime western Swansea Con. 4000 at 3. cents a pound, delivered 26. at Con. 11)4 for 011500 wyo. Ut CURB SALES continental of the east divide, and Bullion 1000 at 5V. 11)4 cents a pound, west of the diDragon Con. 200 at 87. Miners Gold 2000 at vide. American Metals Company North Lily 200 at 42. Park Bingham 1000 at 6. began selling prime western grade 811. Shield 2000 at 4. 1000 Bios at zinc at 11)4 cents a pound, deliv South It. West Toledo 2000 at 6. ered anywhere in the United FRIDAY, JULY 81. 1958 States. Other producers were still selling at 11 cents a(pound. East Cardiff 500 at 25, 300 at 26. St. Louis. 2000 at 5. Bullion 1000 at Chief Con 100 at 70. A spokesman for the U. S. Comb. Metals 200 at 18. 2. 600 1000 at Com. Lead at Smelting Company said in an Dragon Con. 1100 at 74, 1500 at 75 nouncing the changes in price that 500 at 76. at 11. 400 at 10. 300 in the future the high grade and East Utah-10- 00 at 10. 790 at 4. Eureka Lilly 1000 at special high grade which it sells Great Westn. 1000 at 14. will be on their own and prices Grand Deposit 4000 at 2. will fluctuate with supply and deLittle May 3000 at 2. Mag. Ld. ft 0111000 at mand. Miners Gold 300 at New Park 100 at 1.15. Interest centered in developNorth Lily 100 at 36. Oil (Securities 1000 at 28. in (Me where a decree has ments Park CS. Con. 1000 at 26. submitted for the presidents 1000 at 8. 1000 been Royston 1000 at at to set up a National Copat 4, 1000 at .4, signature Sll. Shield-310- 00 to 2000 at 5. Corp. supervise the couTrans-U2000 kt 8. per 0113000 at Details ntrys copper operations. Trans. Un. Oil 2000 at7, Un. Park City 10 at 1.62. withare of the program expected Ut. Wyo. Con. 011500 at 27. in a month. President Ibanez has CURB SALEM Cres. Eg. 0113000 at asked for some changes in the de790 at 4. Eureka Lilly 100 at Great Westn. 1000 at 14. cree as originally submitted to Grand Deposit 4000 at 2. him. The large producing com2. 3000 at Little May at ft 0111000 Mag. Ld. will be represented on the panies Miners ' Gold 3000 at 9. 1, 5, 5. one-quart- 5. 3. 5. 2. 4. 2. 8, 5. 5, 2. 5. . 4, 2. 4, 2.3. 7, 8. n. 8. 2.3. 7.7. art? .tT 10.MiU002taU?2iooo ' 6. 7. 4. 7, 8. . 11. n. D-a- on 5. 4. 5, 4. stlrHwnust 6. BIt. -- 7-- .0234 . .04)4 United LZ .. .26.75 27.25 Water Power .05 . .02)4 Western A .. .0034 . .01)4 Western B .. STOCKS UNLISTED 3, 3. 7, 1. Asked er 2. 28. SR3S Bid 7. -- Mt-8Ute- STOCKS 7. 6, New Park 100 at 1.15. Grand Deposltj10J North Lily 100 at 36. Kentucky Oil Securities 1000 at at 3. MlnefioRoM 000 Park C. Con. 1000 at 26. 4. at 1000 at 8, 1000 Royston 1000 at Mono Kearssrge at 8 s S5o SU. Shield 31000 at 1 1000 at N alldrive: 2000 at 5. OU ft Mg. 2000 at mT-2-000 at Trans-U- h. 2000 at 8. Oil 3000 at OB Trans. Un. 0112000 at New Park 300 at 1.1J. Un. Park City 10 at 1.62. 3000 Ut. Wyo. Con. Oil 500 at 27. CURB (SALES 1300: at r- - Oil A20a 3000 at 500 at; Eureka Lilly 1000 at mV sow Grand Deposit 3000 at 2. dt 6. i.civ Park 114 at 1.15. Park C. Con. 1000 at 25. 1000 a :1. Shield 1000 at 3000 at 5. WestToledo 1000 at Con. 200 at 78, 100 at 80. 2500 at CURB SALES THURSDAY, JULY SO, 1958 at T. Coil Eureka 1000 at 90. Dragon Con. 300 SAL4S at Eureka Lilly 1000 at Chief Con. 100 at 70. 3. 1000 Gold Miners Dragon Con. 200 at 73. 1. Indian Queen 2000 at Little May 5000 at 2. Mt. States Dev. 6000 at 3. wUhdrawn tion Co., has been temporsrlly of Mag. Ld. ft Oil 1000 at 4. from trading during a period Park 300 at 1.12, 100 at L15. Nev.Tah Oil ft Mg 1000 at c. Del. 2l nA8ST Kentucky Utah 500" at 29. OU Securities sold asst. pd. on 20-5- 3 Sale Park C. Con. 1000 at 25. c. P1-53- . Royston 1000 at 7. Grand Deposit Sll. Shield 7000 at 1000 at 8 M. on asst. sold pd. Sale Swansea Con. 1000 at Del. A8ST West Toledo lc, on Tlntlc Central 500 at 1. sold ast. pd. Sale Tlntlc Std 100 at 97. S3. Mammoth 10c. Del. AflVT Trans-U- n. Oil 1000 at 6. sold asst. od. on Saw United Park City 100 at 1.62. 1958 AUGUST 4, CURB SALRS TUEDAY, SOLES Bullion 500 at 4. Cardiff 100 at 26. Big Hill 2000 at 3. Brut. 811' 1000 at 5. Keystone 300 at 31. Rico Argentine 1100 at 2.10. Cardiff 200 at 27. 1000 at 26, 500 West Toledo 194 at 7. at Comb. Metals 1000 at 18. Dragon Con. 100 at 73. - REGISTERED STOCKS 9,9, 4.6. . n. Spokane Stock Exchange Price confusion in the zinc market continued this week as a re- Now Park 100 at 1.10. North Std 3000 at OU Bee. 1000 at 28. Park C. Con. 500 at 23. 9. Avgust 7, 1953 3,2. 2. 8-- 31 25. CROMER BROKERAGE COMPANY Halt Lake Stock Exchange Building, 39 Exchange Place Salt Lake City 1, Utah Orders executed on all exchanges.' Information on Utah Mining and OU Companies furnished free npon request. Member Salt Lake Stock Exchange board. Except that copper is being offered here more freely for forward delivery, the situation in the domestic market underwent little change last week. Prices named varied between 2934c and 30c, Valley. Foreign copper was unsettled, with nearby metal holding up fairly well at and Sept-Oc- t. 28V4c. 2934c to 30c,. f.a.s., trading in down to Fabricators shipped products during June that contained 132,615 mns of copper. LEAD The firm London market coupled with continued good buying here, brought on another advahee cent in the domesof tic quotation. St. Joseph 'advanced its selling basis to 13.55c, East St. Louis, and 'to 13.75c, N. Y. Other sellers soon followed. Sales in the domestic market for the week that ended yesterday total ed 11,416 tons, which compares with 6651 tons in the preceding week. Prompt lead in London settled at 95)4 pound sterling per long ton bid (11.90c) against 69)4 pound sterling a week ago. The decision of American Smelting and Refining Company to abandon the East St. Louis basing point system in selling zinc cauafcd more confusion in industry circles than any in modern times. The move affects ore and concentrates and sales made on an average BOARD SALES Registered 200 at 3.65. . Polaris Unlisted Bunker at 14.10. 1.24, 300 at 1.23, Hill-- 10 Sidney 200 1200 at 1.22. -- at INTERSESSION Registered Day Mines 15 at 1.50. Grandview 1000 at 21. Independence 1000 at 5)4. Jack at Waiter-100- 0 9, 1000 at 9)4. Metro B 500 at 9)4, 125 at 8)4. Metro A 1000 at 9)4, 275 at 9)4 Polaris1 750 at 100 at 3.85, 100 3.78, 300 at 3.80, at 3.85. Unlisted Bunker Hill 10 at 14.35, 50 at 14.10. OVER-THE-COUNTE- R MARKETS The follow In from Informal any national securities exchange. Eagle Pichcr amounted to $1,787,107, equivalent to $1.81 per share, compared with $1,709,647, or $1.73 per share, for the same period of 1952. Continued from Page 1 Both working capital and net worth at May 31, 1953, were at Net sales for the first six new peak levels. months of the 1953 fiscal year Consolidated net profit for the were $45,477,688 in comparison six months ended May 31, 1953, with 35,698.827 for the first half of 1952, an increase of 27 per cent. Net profit before taxes likewise inprice basis. creased 27 per cent over a year The action started a movement as operating efficiency was that is expected to eventually sep- ago maintained at a high level and exarate the Prime Western market were kept under dose con'rom that of Regular High and penses trol SDecial High. Both New Jersey Zinc and U. S. Smelting announcAt May 31, 1953, current assets ed that henceforth they will sell totaled $34,022,765, induding these grades without any tie-i- n of cash and United States with the common grade. Anacon- Government securities, and curt da is considering the matter but rent liabilities were $6,809,865, a has come to no decision. In other current ratio of 5 to 1. Net curdirections these two grades pro- rent assets amounted to $27,212,-00- 0 duced in the domestic market concompared with $25,176,975 at tinued to sell on the basis of November 30, 1952, an increase of Prime Western, East St. Louis. $2,035,925. $14,-517,0- one-quart- er I H. E. HAVENOR & CO. XKWHOUBE BUILDING, SALT LAKE CITY, UTAH Member Salt Lake Stock Exchange Information Furnished en Utah Companies Ordeas Executed on All Exchanges Telephone 57 A. HOGLE j. Member Salt & CO. York Stock Exchanges WE SPECIALIZE IN MINING STOCKS Loans Made on listed Mining Securities 132 Main St 2380 Washington Blvd. SALT LAKE CITY OGDEN 523 West Sprague Ave., SPOKANE Lake-Spokane-Ne- w 82 |