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Show M fMk 1 T'1 January 10, 1947 The Western Mineral Survey, Salt Lake City, Utah Pacific Western Pushes Report Shows Status Of DeepCarbonCountyWell U. S. Banks at The Pacific Oil Corporation, with head offices Los Angeles, Calif., is now drilling the deepest well ever drilled in the state of Utahon the Gordon Creek Structure located about IS miles west of Price, Carbon County, Utah. The present depth of the Gordon Creek well is 7385 feet and the first productive sand, the Coconino, is supposed to be encountered at about 9000 to 9500 foot depth. The objective sand is the Weber formation, which formation is so productive in the Rangely Field in Colorado. This same company, recently established what is said to be a worlds record in drilling depth in a well located on Section 5, Tp. 22 South, Range 22 East, California, when it reached a KELLOGG, Idaho The Star depth of 16,500 feet. mine at Burke, owned jointly It is estimated that expendiby the Hecla and Bunker Hill & tures to date on the drilling opSullivan companies, is rated erations of the Pacific Western among the great mines of the Oil Corporation at Gordon world. The ore has been opened Creek is over $250,000, in addiat a depth of 4000 feet below tion to approximately .$30,000 the apex of the vein by a cross- expended in the construction of cut 8900 feet in length driven a new road to drilling location. from the 2000 foot level of the Teasdale Structure Hecla shaft. Western has also comPacific .Vertical raises from this deep unitization of its 18,240-ac- re level are 2300 feet and the sec- pleted block covering the Teasdale ond 2850 feet and have exposed a great ore zone. The ore was structure, Wayne County, Utah, encountered 1650 feet west of and regardless of the outcome the east endline of the property. of its present wildcat on GorThe drift was then carried the don Creek, 100 miles north in full 1650 feet to the endline and Carbon County, will drill a test a connection made with the 2250 on the new. unit next year. The Teasdale well is schedlevel in the Morning mine of the Federal Mining 8c Smelting Co. uled to test the lower PennsylThe Morning and Star veins are vanian section approximately 7000 feet. This structure has not conceded to be the same. An enormous amount of ore been previously tested and is one has been blocked out by the de- of the largest surface structures velopment, stations at inter- in southern Utah. There has vals of 200 feet cut in the 2850 been no deep drilling in this foot raise for future production area, with the exception of the revealing an ore body of tre- California company-Continent- al mendous size and ranking the Oil Company test of San Rafael Star as a mine of magnitude. Swell, 40 miles north of TeasWith the zinc market now dale, which went to 4900 feet showing strength and the future and was in granite at that depth. The San Rafael test had sevof the metal evidently having a of bright outlook, the production eral small shows of oil, none of the Star mine becomes of which were commercial. Mounparamount interest to the dis- tain Fuel Supply Company now trict, furnishing employmentmill-m-'to is drilling a deep test at Last a number of miners and Chance, Emery County, which is as well as stimulating in- 25 miles norm of the Teasdale unit. dustry throughout the area. Seen As Vital Zinc Source - Chairman Maple T. Harl of Federal Deposit Insurance Cor- yesterday announced that the country is well into its third year without a loss to any depositor of an . insured bank. As with 1945, there was no failure of an insured bank in 1946. and only one merger requiring financial aid from FDIC. In each merger case all depositors were fully protected. During .the thirteen years of its existence, Mr. Harl pointed out, 399 insured banks were liquidated or merged with the aid of advances from the corporation. The 1,310,000 depositors of these banks held deposits of $505 million. Of these deposits, 98 per cent were made available - promptly to depositors, of whom fewer than of one per cent held accounts in excess of $5000 that were not fully protected. Total assets of the corporation on Dec. 31, 1946 were about Mr. Harl estimated in his yearend statement. poration one-quar- ter . . . en UVM1V PLAIT IN SALT LAKE CITY, UTAH FOR FOR SALE LEASE This plant, Plancor 291, was constructed in 1942, primarily for experimental purposes in the processing of alumina, utilised in tho manufacture of aluminum. Potassium sulphato was produced as a It has a designed capacity of 72,000,000 pounds a year. lathe, planes, grinders, drill and LOCATION:. Approximately 79 acies, located on West 93rd South. The plant it approximately 6 miles from the Salt Lake Airport Rail transportation is siding from the Denver supplied by It Rio Grande Western Railway. i BUILDINGS fr STRUCTURES: a total area of 82,000 furnace building, including sq. ft., 40.000 sq. ft., constructed of structural steel and corrugated siding; 12 other buildings of wood frame construction, one 42.000 sq. ft. Also reinforced concrete stack; pre4)2 cast concrete stave storage bins; 73 ton truck scale; elevated water tank of 600,000 gals, capacity; tailings pond of approximately 13 acres; steel fuel oil storage tank, 101,600 gals, capacity; acid plant for recovery of dilute sulphuric acid from furnace gases; and waste liquor treatment plant. n UTILITIES: 13 buildings with Water is obtained from three wells .. and cooling water is pumped from creek, all on the site. Sanitary sewers connect to septic tank. Power, light and gat are furnished by local com- s; ft panies. . A brochure and information concerning the plant may be obtained and arrangements to inspect the property may be made through the War Assets Administration, Office of Real Property Disposal, Building 3. 1710 South Redwood Road, Salt Lake City, Utah.- tie EQUIPMENT: Production equipment consists of car pullers, trad: hoppers, vibrating feeders, multiple hearth skinner type furnaces, Jaw crushers, hammer mills, crystalizers, disintegrator, rotary dryer, filters, pumps, tanks, conveyors, elevators, Dorr Classifiers, etc Machine tools consist of 17 items, including 40-to- Manley hydraulic press. Laboratory and testing equipment: several hundred items including balances, platinum crumblers, furnaces, and electrical instruments, ovens, dishes. Furniture and fixtures, including desks, chairs, stools, filing cabinets, etc. Portable tools: numerous items such as jack bits, arc welders, compressors, etc. - Sealed proposals for the purchase or lease of facilities will be received by the War Assets Administration, Office of Real Property Disposal. Building 9, 1710 South Redwood Road, Salt Lake City 4, Utah, until February 3, 1947, 2:00 p.m., MST at which time and place they will be publicly read. Proposals ate to be submitted in duplicate and mailed to the' address below: WAR ASSETS ADMINISTRATION OFFICE OF REAL PROPERTY DISPOSAL BuiMing 3 (SU-9- 1710 South Redwood Road, Salt Lake City, Utah The Portof TMissing' Men Complete Survey Of German Steel A survey of tlie German steel castings industry which played a major role in meeting .the military, requirements of the Third Reich during more than six years of aggressive warfare is presented in a publication released today by the Bureau of Mines. Prepared by Charles W. Briggs, Research Director of the Steel Founders Society of America, Cleveland, Ohio, and Maz T. Ganzauge, a technologist associated with the General Railway Signal Company, Rochester, N. Y., the report is based on an investigation of the German steel castings industry undertaken during the summer of 1945 at .the Technical Industrial. Intelligence Committees . Subcommittee on Metals and Minerals. The Department of the Interior, represented by the Bureau of Mines, is a member of the committee which, functioning under the Joint Intelligence Committee of the Joint Chiefs of Staff, has as its purpose the acquisition of information of interest to American industry and of value to the .United States Joint Control Council for Germany. Information sought included the type and classification of steel structures produced as castings, processing methods, the mechanical properties of carbon and alloy cast steels, the type and character; of defective castings, THe appearance of castings research in steel castings, and and equipment. plant lay-o- ut Spurred by constantly increasing military requirements, the German output of steel castings by April, 1944, had increased threefold over normal peacetime production, the publication reveals? Although armor castings and . standard part castings for tanks constituted the greater part of this production, other important types included castings for ships, aircraft, automotive vehicles, shells, guns, synthetic gasoline-crackiplants, railroads, mining equipment, heavy machinery, and power-pla- nt equipment. Heavy and almost incessant Allied bombings during the fall and winter of 1944 severely curtailed the production of the open-heart- h, electric and converter steels used in the manufacture of castings, the publication adds. Disruption of German rail and water communications during this same period also compelled many plants which had not sustained direct damage to retard or halt production of vitally needed casting steels. In reviewing the production techniques utilized at representative German foundries, the publication discusses such topics as raw materials, steel melting and molding practices, tapping and pouring methods, heat treatment, welding, inspection and testing, and the production of centrifugal castings. Doctor: Ask the accident victim what his name is, so we can notify his family.' Nurse (a few minutes later): He says his family knows his cross-sectio- nal . " 'Normal Competition ' Return Seen During Current Year NEW YORK The belief that a business recession will occur during the first six months of 1947 is held by only a small minor ity of executives surveyed by the National Industrial Conference Board regarding the business outlook for the first half of 1947. Virtually all the executives queried look for a return of normal competition' sometime in 1947. Most of them feel that production during the first half of 1947 should attain a volume at least as great as that experienced during the last six months of 1946 barring wideWASHINGTON The board spread strikes." Materials and of directors of the American labor are expected to be in more national orabundant supply. Costs are an- Mining Congress, representing all ticipated to be about 10 great- ganization er than in the latter half of branches of the mining industry, Grou! Chosen To Advise Of Mining Needs - . has appointed a small committee to advise Secretary of the Interior. J. A. Krug of the mining industrys viewpoint with, respect to national mineral policies and the activities of the Interior Department dealing with minerals, Julian D. Conover, secretary of the Mining Congress has announced. Special attention will of course be given to questions affecting mining operations on the public domain. , The committees formation was requested by Secretary Krug when he addressed the fall meeting of the Western Division, American Mining Congress, in Denver. The committee, composed of representatives of the various branches of the lnining industry included Edward H. Snyder, pres, Combined Metals Reduction Co., Salt Lake City. 1946. Many companies are planning to expand their plant- facilities in 1947, but some contemplated programs have been deferred or reduced because of rising costs, labor problems and uncertainty as to the general business outlook. Volume of Business About half the executives surveyed look for an increase in volume of . business during the coming six months. Such estimates generally assume the absence of serious labor difficulties and consequent delays in raw material shipments. Material Supplies Material shortages are most acute among manufacturers of metal products where strikes have curtailed production of basic raw materials. However, manufacturers of petroleum products, paper products, and textiles also expect to be plagued with material shortages during the first six months of 1947. - - . . . . . W. H. CHILD, Inc. BROKERS UTAH SECURITIES Write for fnfonMttai - BALT LAKE STOCK EXCHANGE Fosloiflcu Sou 74S BLDG- - SALT LAKE. UTAH Tulupheuu 14171 ng . . . pjune' In 1946 over 135,000 telephones were added in the seven states we serve three and one-ha- lf times the gain in any previous year I More than $22,000,000 was spent on construction during the period, and in the next few years many times that amount will be spent to insure that telephone development will keep pace with the growth of the mountain states. THE MOUNTAIN STATES TELEPHONE & TELEGRAPH CO. |