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Show February 22, 1955 Railroad Hauls Tremendous Load Of Ore From Kennecott Mines 14-Mi- PAGE THREE The Western Mineral Survey, Salt Lake City, Utah le ore cars from the mills back to the assembly yards where they are later taken into the huge Bingham Mine by the mine railroad. The electric locomotives are used as double units on the There is a privately owned railroad in Utah that transports ine. They are among the few electric locomotives in the coun32,810,000 tons of freight a distance of 15 times around the world each year although its single main line track is only 14 miles long. try that operate on the 3,000 volt direct current system. Figures show that the railroad stacks up a total annual The unique railroad is operated by the Utah Copper Division, Kennecott Copper Corporation. It travels between Copperton, mileage of 389,000 miles. This is 349,000 for the electric locobelow Bingham Canyon around the base of the Oquirrh Moun- motives and 40,000 miles for the four diesels used in switching. tains to Garfield. The 180 operating personnel of the railroad includes 33 enOf course, the only freight the line carries is copper-bearin- g gineers, firemen and hosters, 51 conductors, brakemen and ore. But the railroad employs 357 persons and has an an- switchmen; a n track crew, 17 car inspectors, 10 maintenance mechanics, nine foremen and four clerks. There are another nual payroll of $1,602,000. 177 men employed in the repair and maintenance shops. The small-scal- e railroad with a freight hauling task carries more than twice the total freight originating in the Actually, the ore haulage railroad has 57 miles of track to entire state annually. It is kept running smoothly by L. S. Hills, maintain and repair. This figure includes the switching tracks Superinendent of the Utah Copper Division Ore Haulage De- at the mills and the tracks into the Union Pacific line and smelter at Garfield and the Utah Refinery. partment. The ore trains differ from the fast express trains of the regRail equipment includes seven 3,200 horse-powelectric locomotives, four 1,600 horse-powdiesel locomotives used for ular railroad lines. They never exceed 20 miles per hour over the main line from the assembly yards to the mills. They never switching operations and hundreds of railroad cars. go over 35 miles per hour on the way back with the empty cars. The electric locomotives are used on the main line to transPart of the reason for this is the fact that the port the ore from the assembly yards at Copperton to the comlong panys mills at Magna and Garfield. They; also take the empty main line has a 1.35 per cent constant grade. When loaded, the trains are traveling down-hito the mills. For the entire downhill trip, the train brakes are set and never released. DRILLING The locomotives pull an average of 65 cars. However, a MINE CONTRACTING train of 11,000 gross tons is a regular occurrence. Railroad SHAFT & TUNNEL WORK op erations are on a schedule. We can be know-ho- Brokers Differ In Trading Practices 57-ma- full-fledg- ed er er 14-mi- le ll 14-mi- le DIAMOND CORE 90-c- ar 24-ho- ur ready on short notice to apply our equipment to yonr problems. w and BOYLES BROS. DRILLING CO. PHONE SALT LAKE 84-44- 01 1321 SOUTH MAIN SALT LAKE CITY, UTAH Offering Circular Now Available Describing WYOMING URANIUM CORPORATION A Utah Corporation in the business of exploring for uranium OFFERING PRICE: PURLIC OFFERING: 9,166.167 SHARES and Mail Coupon Today JAMES E. REED COMPANY Fill in 425 JUDGE RLDG. TRUCK PARTS For ARMY or CIVILIAN Trucks Any HALF TRACK PARTS AND TRACKS - Equipment Orders Filled Promptly Phone SALT LAKE CITY. UTAH t Send Wyoming Circular to: and Accessories We Ship Daily Anywhere 84-43- 11 HAFER'S INC. 15(3 Soutk 2nd West Salt Lake City, Vtab I NEW ISSUE Sheba Uranium & 3c PER SHARE Mining claims and state leases are located in the Crooks Gap area in Fremont County, Wyoming . INTERMOUNTAIN AREA'S LARGEST STOCK OF EXCLUSIVE Winches Exploration, Inc. 3,000,000 Shares Common at I per share m Holdings; Own 31 claims in Harts Draw in Indian Creek area in San Juan Connty and option on 7 more in same area, also owns claims and leases in Davis, Morgan & Weber Counties. Sheba Uranium Mining & if Exploration, Inc. A NAME S s fc. Late News. Qnotations, Information Service, on Mining, Oil, Financial Come Odium saved a lot of faces. The recent consolidations should not be condemned, especially when it is recalled that the states of Maine and Rhode Island by consolidating with the 13 other states created the nucleus of a great nation. Where there is unity there is regardless of the strength, individual state. of the strength The strength of the United States lies in the unity of 49 states. It often happens one company has no money but has valuable land while the other has money but no land, laying a basis for profitable merger of the two. Frequently a stock speculator is out $2.50 on commissions by running around to various brokerage offices attempting to obtain the top price for a stock. It is often referred to as the Indian type of trading, scalping each other. Many of the small companies telephone one of the larger brokerage offices, for example, and are given a quote of .73 bid and .75 asked on a certain stock. The sale is finally consummated at .73. Then the little broker sells it to the big firm at .75. It represents quite a fast shuffle for a difference. two-ce- nt It might be advantageous for all brokers to take a trip to the mines and learn about what they are selling before recommending purchases or sales of a security, thereby eliminating the horse trading, which is quite a switch. Prominent Honolulu interests are reported acquiring uranium stocks through local sources in the belief investments will double in value. EL DORADO MINING COMPANY Par Value Offering Price (A Utah Mining Corporation) Exploring Uzanium Properties at INDIAN CREEK, SAN IUAN COUNTY. UTAH N0T0M BENCH, WAYNE COUNTY, UTAH Salt Lake City. Utah Published Once Each Week out have with $5 stocks which should a loan value instead of having a paper value. Jay Walters says Honolulu Investors .STATE. 421 Church St. Recently the J. C. Penny Company did a big business selling handkerchiefs when the boys switched out of Elaterite Basin at 40 cents and 50 cents. It sold recently at a dollar. p 513 Kiesel Bldg.. Ogden, Utah Please send me the Offering Circular on 'Sheba' Inc., NAME. Subscribe Now Western Mineral Survey a result of the uranium boom In Salt Lake City, two of brokers have been creone devoted principally to getting and confirming a bid, the other seeking to establish selling. As stock ypes ated, PUBLIC OFFERING Per Share 4 Capital Common Stock (Non-Assessabl- e) 17,500,000 Shares KEEP POSTED ON THE GREAT URANIUM ROOM $5.00 Two Years $3.00 One Year The Companys Offering Circular May Be Obtained From Circulation Dept. 2216 East 1st South Subscription Order Enclosed find $. Mineral Survey for. for which send me Western VAN BLERKOM & CQ. Underwriters Send El Dorado Mining Co. Oiiering Circular 408 Beason Bldg. Salt Lake City, Utah Telephone Name 37 Name Address- - Sales May Be Effected by Means of the Offering Circular Only Address ! City State. |