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Show January 10, 1947 The Western Mineral Survey, Salt Lake City, Utah Battle Looms Over Future CopperbattleTariff the V Shortage Of f Southwest Group Favors Labor Curbs Free Market For Gold Calif. signs offering the more than that, but laughingly the a discussion lowing Work lifting, reducing or suspension Mining look for gold mining during the remarked that if they did LOS ANGELES, of Folout- highgraders A nationwide over so, of the present 4 --cent excise tax on foreign produced copper deMetal mines operated in Utah new year, the Mining Assn. of the miners in their employ veloped this week as the Arizona Copper Tariff Board, mining during 1946 by United States the Southwest unanimously probably would devote all their adopted a resolution favoring a time to highgrading. corporation officials and the Daily Metal Reporter metal trades Smelting, Refining & free market for gold in the Mining publication, voiced different reactions to the fact that copper ores Company were seriously mandi-capp- ed United States. and concentrates were listed among the thousands of products on was led by a of discussion The labor shortage by which possible tariff concessions will be considered at a conferthe Eagle of Clemson George emare and the still during year ence next spring when the federal government will seek tariff-reducion Mother mine Shawmut the ploying scarcely more than half Lode. Clemson, who is chairagreements with 18 key countries. In a brief transmitted to a crew, directors were told at man of the associations gold committee, declared it would Washington, D. C., last week, the a recent meeting. CASPER, Wyo. Headed by. take $10 rock or better to make Arizona Copper Tariff Board, of Income the pending tests of the Tentleep gold mine even slightly profitNet income for the first 11 aable which Sam H. Morris of Globe in the deep test of the Calsand economic under present is ' chairman, stressed the vital months of 1946 were reported at conditions. He said that few ifornia Company in the Quealy of importance are field, deep test wells in many importance of the copper mining $2,311,785, equal to $1.53 per properties now in that most of areas continued to hold the into operation $1,447,465 for Industry to the economic future share, compared are their them, rehabilitating of operators as 1947 dawnof Arizona and to the program the comparable period a year properties and doing develop- terest ed. ago. ment work instead of mining claimv Aside from what they may Stockholders of Mountain for national security, and M. H. Kuryla was elected presore. would serious ed find for their own account, that damage Mines Company, at a meeting of the company to succeed Under present conditions, many of these wells are of parheld recently in Salt. Lake City, result from any lowering of the ident W. N. who continue will he Rice, said, it seems a sound idea ticular interest in that they are voted to retain the same of- present tariff rate. Other mem- as chairman of the board. Addito the gold in the ground. in rather close proximity to leave ficers and directors of the firm new officers named were: He favors the recently promul- fields now producing from shalfor the ensuing year. Officers in- bers of the board include Lin B. tional Francis Fiske, secretary, A. B. gated suggestion that the gov- low horizons, with a result that cluded, Charles S. Woodward, Orme, Phoenix, secretary; Marquand, vice and ernment give a free gold market the finding of oil in the deep president: Glen A.' Finlayson, Charles R. Hazell, Douglas; Ed- manager of metal president sales. a one-ye- ar or two-ye- ar trial pe- tests will lead to deem vice president; R. W. Edmunds, ward G. Dentzer, Greer; and A cdmmon stock dividend of riod. In his opinion, quite a lit- er drillinglogically these in other fields treasG. and L. secretary Young, $1 per share, payable January 15 tle high grade gold is being Mark Gemmill, Prescott. the coming year. urer. during possibly Several of the holes now nearbootlegged out of this country The brief maintains that the was declared. Reporting on progress made and sold at high prices, although ing the testing stage range in at the properties, located in Big United States Is completely mate was he insisted that the men who depth from 8000 to 10,000 feet The Cottonwood Canyon, Utah, it was with respect to its preparingpharmacist's to fingerprint the highgrade the gold do not get and present indications are that stated that a total of 4,670 feet black market prices. all of these will be completions of tunnel and drifts had been copper resources, production and recruit from the backwoods. Wash said. he own its . in hands, Lower the main copper your completed needs, provided Along the Mother Lode, he by early spring. Successful comBoth of them? asked the declared, highgraders sell their pletions by only a few will unDevelopment TunneL from mines are Mineralization of prices recruit specimen ore to blinds at $18 doubtedly stimulate operators, ruinous moment a mate The The mineralization has been through undercutting hesitated to $20 an ounce. He said the sug- during 1947. to stage one of the e duty-frethe importaone said continuous on the - Silver King tion of cheap-lab- or he No, grimly, gestion had been made to the greatest drilling campaigns in In just copper. vein, with four ore shoots having other words, the board believes I want to see how you do it. mine owners that they put up Wyoming history. been crossed showing hea that duty-fr- ee copper means sulphide ore varying in wlcL domestic production curtailed from 10 inches to 3 feet and two which, in turn, will retard reof which are over 100 feet long, covery and reconversion and enthe report stated, continuing: .our national security. Gold values have been consis- danger Morris will go to Washington in tent, showing, an average of ap- a few weeks to appear, before proximately .30 ozs. to the ton, the committee on reciprocity inwith small values in stiver, lead, formation in a formal hearing. zinc . and copper. The last 100 In the meantime, an entirely feet of drift .to the west how- different attitude was taken ever, shows silver values of when Louis S. Cates, president from one ounce to 17.5 ozs. and Phelps Dodge Corporafrom 1 per cent to 12 per cent of thewhich has extensive Arition, lead. It is evident that the rake zona was quoted by operations, , of the ore shoots in the vein is the Associated Press in New to, the west This being the case, as suggesting suspension it will be necessary to drift fur- York for one year in an the of ther to the west to get the oie article tariff the in Daily Metal Reshoots found in the upper levels porter. of the mine. Other developments in the .Lessees are making preparaconfused scrap insomewhat' tion cary on a vigorous program cluded reports received in Ariof development and production zona that the government would at the upper levels of the mine like . to halt copper production during the 1947 season. to conserve the red metal for national defense purposes and a rumor that a' bill to abolish Lead Secondary excise tax was being prethe Receipts of lead-ba- se scrap pared for submission to Conand residues at secondary smelt- gress. ers, remelters, and refiners in --- Members of the state tariff October were slightly below- av- board view as ridiculous the erage, but consumption of lead-ba- se closing of the mines, contending items rose to the highest that continued production ana point recorded in the monthly stockpiling will meet any addiconsumers survey to total over tional. defense emergency. At a 49,000 tons, according to- the held in Phoenix DecemBureau of Mines, United States meeting ber 16, the board outlined furDepartment of the Interior. Sec- ther moves in a campaign to ondary metals recovered also preserve the industry. The board exceeded all 'previous records, based their campaign on the fact and stocks of scrap held by that any shortage of copper in smelters at the end of the month the country is a result pf heavy declined for the third succes- -- World War II demands upon the sive month. You may NAME YOUR OWN PRICE on 194 lots of related industry and it was believed that any present lack of balance beitems induding....Hand tools and general hardware pipe Say, pal, what are those tween supply and demand will marks on your nose? be satisfactorily settled without material welding supplies fittings and valves-insulati- ng Oh, those were made lifting or reducing the excise tax. glasses. commercial electrical supplies mechanical smoke genYou should learn to tilt your The 4 --cent excise tax was Inhead back, it pours easier. stituted in 1932. erators (fog type) electric toasters (large) bread slicers Drills Active ln Wyoming ng Stockholders Of Mountain Mines Elect . . - self-contai- ned , safe-guard- ed . - - - - - - OVER $3,000,000 ' KNOW... DONT GUESS... READ The Western Mineral Survey for authentic reports on Mining and Oil developments in the West. INVENTORY rubber hose trench knives, bolo knives and machetes dust respirators (mask) paint brushes folding cots canvas bags life preservers photographic equipment warehouse trailers trailers water tank trailers . And many others. Stories of Early Day Camps hspettion Days: laformation: Metal Markets Taxes Methods of Modem Mining Inspection days for prospective buyers will be Jan. 20 and 21 from 9:00 a.m. to iwilS 1 ftOO fcOO p.m WOT. Bid, Subject to standard W. A. A. terms and conditions of solo. Catalogs, information, i . , r FILL OUT AND MAIL THIS COUPON TODAY opt.d PRIORI- - ONLY IN CASE OF a.m. Jan. 22 and awards mado. TIES APPLICABLE TIE BIDS. WESTERN MINERAL SUBVET East First South 8U Salt ...ditiom, bid form., rtfc, will be sent on request by the Georg Fuller Company. CUy. L Utah , la paymrat for ....yean subscription to tho WESTERN NDTBAl SURVEY. .ONE YEAR NAME STREET CUT mum , A. 25B-- 1. Uk GeutloBMU Endow! Bad previously offered to all dosses of claimants. P01 $L50 333330 & 'r...... 'MU1 O f 20? & 4ugt3 ilt'EMSI ( STATE GQM3D COMPANY fcl ! |