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Show Friday. February THE WESTERN MINERAL SURVEY Page 4 MINING Zinc - Lead Industry To Expand Research! HI-LIT- 14, 1958 ES PROPOSALS that United Statesof a fourth quarter showing net the zinc industry, the Annual Re.an4 gold Producers be profit before depletion and taxes view points out. Examination, of ,nd income taxes, compared to consumption patterns dace aUorod 40,323 in the last three months of 1956. This makes toe 1957 net g Conte, Mif o Denverspokes-t- profit before depletion an dtaxes ence despite yearly peaks and valleys. men raid treble their more than double that of 1956 would According to the AZI, there is $774,740 or 27c a share vs. $304,-73- 0 much evidence to indicate that or 10 . . . The much imthe years 1956 and 1957, con- review reports. proved showing reflects markedly sumotionwise, were normal in toe etter values on toe Although zinc consumed by the overall pattern." 10th levels of toe new and 9th galvanizing industry dropped! Decrease in toe quantity of zinc d told Dollar mine at Republic, rom 439,146 tons in 1956 to an consumed for galvanizing is defi-- received by domestic wool Wash., and good returns from toe 363,000 tons in 1957 nite and is not accounted for by I erS- PRES. EISENHOWER, told that firms share of production by and brass products used an a decrease in steel production. It 17), at the Galena mines silver-coppestimated 112,000 tons of slab zinc s however, believed to be jobless New Mexico lead-zin- c vein in the Silver Belt of n 1957 compared with 124,004 temporary. The increase in slab miners have appealed for food, sued today. he d Alenes. Fourth quarCoeur tons in 1956 for a 10 decrease, znc consumed in 1957 for die cast- - said toe metals may need special zinc the of ter As representative development work at toe continues to reinforce the tariff protection despite the Inings Zinc lead-silvAmerican mine. added sevindustry, the position it has enjoyed for ministrations general policy of eral hundred feet to toe that declared exteiisiy stitute length many years, primarily because of freer trade , . . Idahos Governor of the new Bonanza ore shoot formulated now . . . being are was said he plans "very Smylie jtnmnaroH zincs low melting temperature, - Stockholders have been advised Comto sponsor and stimulate both S. U. Tariff mtetlc aecthat the .daotabllity to casting In thin to treat toe November 10c divioiled and fundamental research.a wlb 360507 low coat, and high rate of mission would- take early action tlona. JJjj Kimberley, Mr. dend as income. makes 1957 the second According to to provide relief for the lead-zinexstaff to supervise the program and consumption year for ziMaM alJ acEmotive industry industry POLARIS reached a to W5S only toys, of pansion is now beingbefnned INTERIOR . SECRETARY Fred me &r part untg largest of $1.70 and CONJECTURE broad Matiharf high the the automotive toe next step will consumotion for die castings a. Seaton said his department was moved up 17c during the week to zinr lead and of an e high in volume zinc, j placement of zinc min- - the 50c mark. COEUR DALENE fnr such parts a carburetors, working on a new reprojects in - used for die door clusters, course final Instrument its erals but panel program mines was toe featured trader, ine search centers, universities engldentaUy if window cranks, air con- - depended on tariff commission ac- - however, at a new recent high wen bandies, neering Khooli. Foreignwill help industry history tion on tariff relief for lead and of ad radio comnonents. per share. as domestic producers annlications decorative zInc, prothe tte by exceeded finance and supervise SUNSHINE cut its dividend trim, head and tail light assem-THE AMERICAN Tariff League said. industry, he galvanizing rate from 10c to 5c a share begram, hiiea. identifying emblems, many pubuc a study which would cause of Reaches the in seen others. . substitute a sliding-scaltariff sion costshigh mining and expanSlab Zinc Production Healthy gains were in the face of lower French for in usage for zinc The gains Trade the High Level consumption of slab - gygtem for lead mlsceiand oxide and ana for nrocess zinc copper prices and lower French process zinc oxide program. The new oil to the tight oil due Announcement of the broad other uses at an estimated 49,000 lanooiw ournruos are healthy. Agreements output jj-- the names of 218 busi-ton- s market. The e ov zinc dividend tadurtry markets for with rincJeM Princioal declaration, gage jroerem negsmen labor leaders, agricul-37,77- No. during 1957 compared runber. turists and lumbermen 126, was the lowest since continue to be the was accompanied by a 1956. tons in as well dividend No. 27, which also was nd cbftTnlR!1 ,n,Hn,tIies- - P.w l'V as mining men. The sliding-scalstitute report of the zinc produc. ae-durwpvgr Include for picture and consumption tion and fevelooed tariff plan, advocated several 1933.5c a share, away back in AZI to e The 74,441 disbursement 1957 cording phntoen-MJvtoe mining industry, ing ago vanea Y ,by 1957 . for will be wide pattern Brightens picture Re- sumption paid March 31 to stock.. According to the Annual tor slightly from tot of previous JjL holders constrain- w0rld-wldzinc of record Feb. 28. In 25 slab L of view, preliminary AZI figure .1957 Sunshine has paid stockat the years. During vdth 371 now avaiiaDie years, tons 1957 show zinc production same rkete a the holders zinc all $23.13 increased oyer secshare, for an U o int vantato level of 1,057,450 tons, zinc 91 c. a the of b nAH lflM f ln year or 23c a recipnSS trade agreement. The tons I- ond only to 1,062,954 close at a ran consumntion - 1957 support of other Indus tires in toe quarter. during 1956. comoared with 1.422400 same boat 18 a promising developtons, and brass mills third at 112,- Lf NORTH STAR URANIUM re000 tons. AZI estimates place dllHntf the corresponding1 ment. a 1957 net loss of $27,287 Production of Special Hih ported tons, products at 49,000 of j fi56. per1(d but wound Grade slab zinc during 195 rolled zihe URANIUM PRODCERS up the year with net in Spooxtae j Netherlands used while French process zinc current assets of more than 858,098 47,for Benuses accounted other increased and more 34. Italy tons, Its was 145,105 toe Atomic plans for this year include Commissions tons. mark 31. Switzerland increased ban on newEnergy of interesting showGrade 24,225 tons. AZI prodSelect- 000 exploration mills uranium and consumntion 19. Australia 17. of in a uranium estimate for Brass Special, fault ings conof curtailed uranium 2 totals France 10. Some national centrates. buying ammunition for zone in toe Spokane strong ResIndian ed, and Prime Western Adding dronned hack, nrincloallv Sweden tons. ervation. mined It and toe release was their of figshipped con-wnth a 20 decrease, and Canada ures guns 540 tons of ore from toe Mount Despite the drop in zinc 7 AEC that to purshowing of one 1957 Consumption Down sumption, 1957 has been chased more uranium from for- Spokane district ln 1957. 1958 for consuming years for slab better the Expectations that estimates AZI (11,826 tons) last The eign MINING is one of toe most imThe Review predicts that the year producers from U than .S. pro- portant industries in toe world. did it in overall consumntion of zinc ducers (8,640 tons). It has transformed more poor 1958 should parallel the national DAY men reached .MINES new a into millionaires than any level of general industrial activity at of other business. Money taken from $2.70 Spohigh WE for the year, and anticipates that kkne Stock on mines the basis is new wealth. Exchange the first half - connumotlon during informaof 1958 will be slightly below that brochure of valuable stock trading of the latter half of 1957. followed Stock Exchange Manual 100 pages bv a balancing Increase ln activity All of Summary Yearly Stock Exchange after June. 1957 Salt Lake The permanent and growing poAU 1958 TranrtIom Park Nelson Tharadftj, Februry is, 1958 u Showing sition of to zinc industry Is keyed 1958 FebruMySummary BIS 03 Asked Park Premier ecro-omList national Continuous state Mailing of to Piute UTan. Corp 6.00 6.50 Your Name on Our mu PlutM .03 .04 the AZI spokesmen point Big For Receipt of Current Developments Prince Cons. .04 .04 Bonanza Oil St Ifng. ...... .03 out And since every evidence Oil St Mng. . .16 15 Bristol Silver Prosper Exchange Lake Salt on All Foliowing the Rico Argentine 02 .03 2.75 The Manual Gives You Mining points to continued general In I Bullion Monarch 02 Royston Coaln m JS condition Listed Companies: this dustrial expansion, gjjjjjg Silver King West 15 .48 Officers and Sliver Shield .00 .03 ats. 7.7.7. .7.7.. .02 Incorporation, History is seen as an index of basic under- centralcom. Leases Silver Standard 03 .35 of jo future Dividend Record, Capitalization, Property and the for optimism chig Sioux Mines lying .36 Sheet Balance Income Production and So. Iron Blossom 05 .12 .07 Chief Com. WnrnnU zinc in to coming year. .02 15 03 South Standard Colorado Con Plants and Equipment Developments .20 16 18 Sundance Oil Clavtnn Silver .05 04 15 Com Swansea Combined Metala 1957 Summary in Yearly The Following Is Contained .07 06 Tar Baby Comet Coaln. COMPANY DENVER 03 .03 .02 Price Range Commonwealth Lead Untie Central A Ten Year High-Lo.15 14 Tlntlc Lead Comstock TTran. & Oil Years Ten the of Each for Stocks Of All Listed 32 .55 Cons. Eureka J5 Untie Standard PLANS NEW WILDCAT .06 n .04 OH 03 Crescent Cagle Oil Number of Shares Listed, Total Dividends to Date .05 04 1.00 Uhited Park City Croff Oil Assessment Last Year. Available Last Total Sales for .07 04 rirown Point Utah cone "Oil Co., Denver inde-- Dragon 1.05 o Davis Bug. Com. You .13 9.75 11 Sug. Pfd February 1958 Monthly Summary Shows .05 pendent, Stock Oil ..... .67 Cons. Utah Listed Each Wyo. For Sale Last Total Sales, m .10 due soutn Kut nntic coaln 01 High, Low, Victor Com wildcat well six miles . .13 companies 04 Western Alloys Designates operating 8c ot Shell Oil Co.-- Dert Pool .05 04 Weat Toledo Utah. Eureka Bunion .05 04 Juan County, San in Wilbert field List Our Mailing Your Name on .09 .07 11 Wllllston Basin OU uuy com The firm filed location with Eureka Pertaining .05 .03 Eureka Mines Yankee Cons Reports of Current Developments of Importance w .25 04 standard Zuma Ur. A Oil Will Be Mailed to You From Time to the Utah Oil and Gas Conserva- Uurekai To These .05 ............ chain toe Sales for Commission tion JJg .02 Bullion Mining 1000 at .03 Navajo gold Time as They Are Reported by Company Officials weStTri A5 from Uranium 820 feet & at Oil on Combined Metals 4000 at .04 Sheet Also Quotation j.i .03 eart Commonwealth Lead 1000 at .03 the from feet 660 .10 line and mm Issues Comstock 5000 at .15 .11 42 .09 Kennebec Section 36, Township 100 at 1.10; 1600 at 1.05; 100 at line, Dragon 1 .17 Keystone 1.10; 700 at 1.00; 100 at .1.05, .01 ALL OF THE ABOVE IS AVAILABLE TO YOU FOR THE South and Range 23 East. 01 Leonora .01 Majestic 5000 at .03 ....... .01 Little Mav NOMINAL SUM OF Mono Kearsarge 200 at J22 .04 03 St Mng Oil Maleetlc North Lily 200 at .62 .40 91,00 to cover cost of printing and mailing. Mammoth North Standard 3000 at .01 .02 01 to Hill Miller Send your request Konoid 5000 at .01 22 J3 Park Mono Kearsarge Silver Standard 2000 at .03 .01 Moscow .p . ' Standard 100 at .57 zinc consumption figures for 1957 will be 938,000 tons, compared with 1,008,790 ton, consumed ng 1956, This is a 7 drop. slab zinc shipments dropped 8 959,568 tons in 1957 compared with 1,035,311 tons in 1956, toe zinc and lead Industry interests together with the American zinc and lead industries will embark on a broad program of expanded research activities aimed at the consolidation and exand pansion of existing markets ones. the discovery of new Plans for the new research proL. gram were revealed by John Kimberley, executive vice president of the American Zinc InstiRetute, Inc. in the AZIs annualin the view of the Zinc Industry i United States During 1857, World-wid- e 1 uni!a Totally I gold-silv- I er grow-estimate- 1 1 I As-arc- I o er 1 Day-roc- k Ad-stron- g er opti-cln8e11;0- I non-taxab- c snd 10-mon- th I resea- nd all-tim- 5. rch-development le I long-rang- e 21-22- c 1 e -- ld . pn g 4 e -- e ih pro-duce- "" coed d arv-SenbC- T av-era- - 1 tem,Trte 'narid fe $80,-00- 0. 532,-02- 1 n. OFFER six-ye- to ar Salt Lake Stock Exchange to to y, . . to w TraM-Unlo- . non-operatin- Utah-Idah- ft Utah-Ida- ho g - I I fp" -- Over-the-Count- to er 1 Plney Test Report General Petroleum Corp. recov ered 2,050,000 cubic feet dally ln CROMER BROKERAGE COMPANY TWX SU 189 Salt Lake City, Utah Telephone EL I 01 01 09 Mt. State Dev Mountain View Halldrlver New parie .02 .03 .11 78 .77 .05 .65 ;g J2 .04 .01 14 j Sublette was between Wy0. The test 7,824-7,85- 0 feet. ; I park Konoid .7. i M .01 Tlntlc United Park City West Toledo 3000 100 at at 1.05 .05 500 at .13 at .12: Garb Sales 5000 at ,13 Comstock 1000 at .15 Commonwealth Lead 3452 at .03 East Standard 2000 at .05 Mono Kearsarge 300 at .23 Clayton Silver 1000 at .19 Wllllston 2000 I |