Show I I Industries ils Leading Daily mining Page of the West Finance Grain S Live Stock and L i Y UTAH OIL COIS IS TO DRILL REAR NEAR RANGELY RANGEL Y YI I ros Acres Oil andU and I U Shale Lands in Uintah Basin Basi men of the sta state e are Men Men- len len- eminent Utah Oil company new flu tIc 01 With let wih Salt Salt Lake Lake Ja been Gr organized in shares of or Is ts week It I has value or a capital orO of or cents par Jar O OOh OO S owns like liken company o h likely kel oil and oil shale shalo shalor of ot al n acres cres al nd IO mainly In various arlou parts r basin section of or the the t the The intention of ot the thc ran rn- rn ste ste. n n is ls IS to drill dri for oil 01 and ultimately refine the product of or the wells wella and distilleries build an and operate shale buld be president o of the company compan Is Jonh Jo- Jo e president Jesse Jesso ph nh fl vice R the thc trea treasurer secretary haRot has haR been determined upon while tot St ot yet et additional directors are Joseph B. B eller eler e eer John Dr John T T. hUe A. A H. H Crabbe B. B n 13 B. Brooks P. P Wright Bright and R. R S. S Colett who Is now no In 1 a L ecal DH hospital undergoing an operation L or has Just returned from fron trot I l where he took an nn option opton orI on or l Standard rig which will wi bo ho used In lii Ine Int I I e t first drilling operations It I Is cx- cx firt eted ted fed that well el No Xo 1 will wi be put down o on n I I company holdings holdings on White river bleh bieh Is near the nan langely el field tell in east ent Ith h where the Emerald Oil 01 com com- my recently brought In its is best out f fifteen wells wels The e company's company domain also Includes I I Th near near Watson atson White hUe Rocks flocks orrt or o Fort rt rL Duchesne and In Spanish Fork nOn I 1 b READY DY T TO DEClARE rom New ew York came word old yester- yester Badger Bros wire that the dl- dl l- l Bros lr tors of or the porphyries Utah Copper bIno Copper Ra Ray 1153 Consolidated and crada tuda Consolidated are arc scheduled to toai toe ai et e t for dl dividend action on Fri Fri- 1 I the directors have been their meetings on about the I Or or of or the month previous to the thed d that Is to bo be paid on the thelast thelast last day of ot the month Payment this time w will l be on March arch 30 However lowe r. r Leveral years cars ago apo th the meetings were rId ed one oe month previous to the time of at payment arment and apparent apparently the compan- compan compan- compan 5 have reverted rc to the old custom It I Ii hi hinted from the east that the uh Copper r will wl no o doubt r reduce duce Its Is quarterly dividend It I has hasel el been or at the rate of or 1450 year yer Some predict 3 and some EO j Us U's possible declaration DRY kARGE-DRY DRY E-DRY PINEY IS FORMED It Lake and Kemmerer people have ha e flu organized t-organized the La Barge ar e Dry isey Oil 01 Oil company with wih a a capital of ot oooo O. O The company compan has hs hares Mires nf ot 1 cent par value The oUt oUt- era ers are L. L 1 o C Thomas Thoms president P. P J. J aderson vice president George Georgo W W. anley e treasurer secretary who with Uh Uhn Bon w n. n Haddenham and G. G E. E Barnett keup P the directorate It I is the purI pur- pur purr I or of r the he company to have a rig on a I holdings In about thirty hays davs s cn The T eom company m owns ISO 1250 acres of or oil li Dds nde In the tho La Bargo Barge and Dr Dry IM Piney PIne eld It I t al also holds holde lenses leases on 00 cre ot of lands crt In ln the Uie Dry and o Osil ll i fields Pincy r ld Utah t Mill hull il 11 E Excavation r 1 ff Well el Under JP Way ay From Deep Creek reek comes a more re reo Ill tall tal or of the work o 0 of at P putting in a n now new at 11 the old paying dividend Utah In Inc e at Sprin Springs The star story IH is that rork ork or of excavating for tor t f the tho placing foundations it the Utah mine for Ul ti min mill mi to be erect erect- near FIsh Springs Well el Un Under er way va and anc several carloads for tor the mill mi are to so soon The mill mi Is being erected rhe or of f concentrating the nee flee ti low dumps accumulated tho th discovery of at the tho mme many ears au are a ago ao o. o Jo The pumps ln installed alle l recently to banJo hane han ban e the ami t d water fOUnd COund have bee been given I n severe Y nd to op operate 80 no n t ana n trouble Is 15 anticipated b by the SSi when deep Sd ork 1 hi to in shall b hi bc v b bp Je akon development There here ar i her hern Thi The fin fin- fine ore ore more is 18 I la 13 exposed than ed twenty nt at wat water places plaes r laYThe laY lev- lc 8 lead t rades rade shipping Usual running 10 to 30 sie silver to the ton i Sh Short Crosscuts la lay Wolverine declared Copper company n a share a semiannual dividend dl of at 9 t liaro laro si Six months ago it I paid G C lead New W York Was as yesterday quoted In III II Tho at 7 35 an and Union Carbide has d declared larel the 1 Homer Romer l of or 2 per percent cent Emeson Emerson n sn or of Butte Dule has haf h been en I ork f ot of the thc Now Xe Ore r to the Bannock Mines Gol Cold tor fron Crom tho Yellow Pine January amounted to IrL The Tho vi o la Jiw Pine Property was wa wasa a re while shile shipper wih one fifty tl M the tho one an an em H sampler at nt si Ifer six cars and Fars twenty It mile i in various of or th on parts the ere era twe car each cach I II there therel l mine cars m or of f zinc or ore from th the tho r and lime With ha ha of or loan JOan rock from AIden and Jh hares An res t nt of nr Vf 10 Pcr per thousand ike ka been Ic I 1 h by the Paring rt rt fhe Is a Provo Pro o J reA re- re I arch t I is Z sale hay Ila A April 1 I. I T The Tho pert I is s n in iii n the S Apri I I district Bulletins Eastern Intern in In markets stronger to today buyer sj lt ity cents cent ounce oune no change chang nu's nus 1 l l tf 10 last ast yeah yeat eat 30 exchange Sales Hale shares share ow ay Y l he lCd nh 7 37 bid offered j l' l St SL Louis bit toda Ut t i 7 I LITTLE LIITLE HEVIER hEAVIER SALES ON ON on the local mining ex exchange ex- ex j change yesterday showed a little larger and ami few of or ortho volume than on Tuesday ant a a tho the issues displayed some indications I to moving moving- upward again For In Instance InStance In- In stance Prince Con Can on sales of ot shares sold from 53 up Ul to 54 cents Silver King Con Can turned over ocr nt at Standard disposed of oC shares at 40 to 14 Columbus- Columbus was waR more active 1100 shares going at a 39 99 cents Dr Dragon on sold 1350 shares s nt at 25 cents and Iron Blossom 5 recorded at 49 HI cents New Quincy sold down to D 9 9 cents on Oil shares exchanging hands l United untie TIntic disposed liE dis posed of the tho largest block shares Alta AHa Con sales totaled 1500 HOO shares around 21 a cc cents ts Mineral Hill Hi fell fel to 7 1 cents on sales of 00 00 shares South Extension lon sold a block of 2000 WOO shares at ij H c cents nt Big Bib Cottonwood Con Can sol sold 2300 OO shares Whirlwind dropped to 1 IJ H cents on 2300 OO shares mo moving was sas down own to t 05 cents and Walker turned In OO at iO The Tile eastern markets ets were continuing bullish with most of the leading Issues o recording more or less Jess ad advances The local sales yesterday totaled shares valued nt at 0 The I official closing closing quotations and sales saleM were reported as follows I I Bid Bil I Ask Ask L L I l l I I I I Antelope Star tar 01 01 01 OH Alta Consolidated 1 la Alta AHa TIger OO 01 Albion O 0 03 American Con CopPel 11 1 12 Aita Ala Tunnel r. r 1 12 Alta Ala OU 1 Bullion Bulion OO 00 01 lole J OO 01 Big pour Ex 07 07 Amal Amalgamated OI 09 11 1 Big Dg Cottonwood Can 01 01 OU Beaver Copper OO OO Ea Bay State tate OO OI H Beaver Lake Metals Big Bg 11 03 Central OO Ot 02 Cedar Cetar Tal Talisman maJ O Columbus 9 9 Colorado Colordo Con Mines ln s. s OS 3 09 Crown Point O 03 Cardiff Croff loC 00 Ing OO 00 Cottonwood Metal O IJ Univ Dragon Dragoi Can 28 S Con o 00 Mines IS J Empire Copper Coppel 0 PrInce l Eagle Blue Diu Bell Bel 01 0 03 a Mines U 0 Ines Emma Con Can 20 13 Earl Eagle 1 1 East Crown CLOVI Point 01 OH East Tintic Con O 21 03 E East t Antelope OO Eureka Bullion Bulion OG 06 OG 2 Gold Chain 2 I I enra J o 0 Great Western M. M Co OU t howell e 1 1 If lionie a J Run un 00 Iron Blossom 49 50 iI Indian Queen OO OO 00 Iron ICing King 1 i 16 1 JUdge Mining Ie Keystone 3 2 GO ing I-ing David 6 U. U 1 0 i 03 Lehl Lehi Tintic n On Leonora lonora 01 01 Little Litte Bell 11 40 OO 00 Mammoth OO Miller Il 1 10 May Ja Da Day 0 0 MIneral Flat O 05 Moscow losco O 04 Utah Michigan Ulah f 1 New Quincy er O Neva ca OO 01 oi 01 OrigInal Bannack O Old Crater OO 00 Ohio Copper Coppel 83 85 90 O Bristol OO 20 O 30 Prince 5 ss Paloma 00 OO 01 Paloma Extension 01 l Price Irice Mining O 04 Provo PIO o 0 03 Rico Argentine OH 0 Reeds Peal 02 WellIngton 17 Rochester Mines ines Sells els 10 10 11 Syndicate S OO 01 01 Siver Silver King Coalition 70 Seven Sc cn Troughs 01 01 0 03 S. S T. T Coalition Coalton 10 i Silver ICing Con 70 r Sioux Consolidated O 05 Swansea Consolidated 0 1 South 71 71 76 Silver Shield 18 SIer South Hecla Ex li Silver cr 81 Tungsten 04 OO Secret 01 South Parle j 07 Tecoma Can O Or r Texan 1 e. e 12 1 Tar Bal Baby 0 OU on Tintic Central 03 03 Tintic Stan Standard 1421 art 14 Tintic Drain Tunnel 1 United Ol 02 Uncle Sam 01 01 01 Utah Consolidated Ou O Union Chief Chic 03 04 02 Whirlwind 1 hl win d Con Can 0 I Wilbert 08 09 Vet Toledo 09 iq 1 09 Walker alter Mining 1721 7 Yankee ce Consolidated On 11 06 06 Vuna ZUla 1 A 16 I OPE OPENING J G SAES SALES Alta la Consolidated ate at nl Hc 1000 at American Consolidated Copper 00 at Big nJ Cottonwood 1000 at c. c Columbus Rexall GOO COO at 9 c. c Dragon on 10 1100 at 2 c. c Demijohn boo 1000 at Jc c. c Eureka lureka Bullon Bullion ta a Cc Ce Iron Bo Blossom om at nt Lehl Lehi Tintic 1000 at t H N Nv w 10 boO lOuO O at nt 9 c. c Prince 1000 at 53 Silver Siver King ICing Consolidated at r ShieldS Shield 00 at nt ISle lic South Houth Extension 2000 at He lc Tintic Standard at United at al c. c at l lie c. c VIlbert lbert bOO at Jl Sc c. c Walker OO at 70 CLOSING SALES Alta AHa Tunnel COO 00 at nt Ille lc BI Big Cottonwood l 1500 O sit at lie Hc heaver Beaver Ben er Copper 1000 at Jc c. c Columbus R COO at c. c Dragon Drason 50 at c. c Leonora Lonora 1000 at lie 1 Miller ller 11 1000 at Sc Sc OO at 7 Tic c. c New 2000 at c. c Prince Conol Consolidated n t e SOO at l Sic Me tc Srn Syndicate 1000 1001 at 1 Ic Reeds Peak leak 00 at c. c Tintic Standard nt at 14 1421 United OO at c. c Whirlwind 1000 at He lie SOO at t lie He WalkerS Walker alcer 00 at le lc Total shares Boll sold selling a value I ue j IHO IW OX eVus CISt Th The Ml following on 1 DC quotation were ern oYeI 11 0 Bros BrO private wire wire- 11 1 I T I lAik I IM I Bine lIC M 1 1 I 9 ca M X N. 11 rih 1 r C. C I 73 7 X Ncr 1 v U 11 1 1 f I- I C. C f. f Ar ArII rIGo k 1 0 lr I hew IW Cor Cr 1167 1112 1673 c. c A c I II L. L 43 43 Xi I 44 Ohio Cop op 41 53 I 16 f st Cop ro ItO 1 0 rO I P k 1931 1973 Clif hI hr Co 1 2 1 I s. s utah I 1 14 4 17 Dohi nol Doh- AV W 1 I 9 M I 19 9 i 73 75 I LM I 10 04 1 i L 2 23 i 1 c t II 1111 Ill 2 ZM I p 5 ir 1 1 v. v t I it ro I ino I. I i n Ulc 9 9 M 53 i 11 1 S lIne Mm II Val xi 1 i t 30 0 00 i 1 GO WIn 11 Sn III 1 11 i ro t I I 20 0 I 29 Met I 21 REVER BEAVER MINES OPEN NEW ORE Copper Mountain i Copper Ranch and Others S r o Improvements Beaver county count mining has displayed dis played considerable erable I activity tho the past winter and mr Is coming coIning Into the thc spring with ith wih possible Increased operations Inman in ii inmany man many of at the dl districts of the state and particularly in the Lao Lako o dis district ls- ls his his- about a ozen miles to the northwest northwest northwest north north- west of or lford according to A. A J. J McMullen c ulen who is now connected with wih thc the lea lease e on ott tho the Copper Mountain mine In lii the same vicinity the tho Beaver lea ci Cop Copper Is Js continuing its Is work worle on the tho Ol level where It I I Is sinking sinkIng sink sink- Ing InS a on Oil al ore The he Copper Ranch Hanch four miles mies to the south Is op opening a anew new lod body of OC ore on the thc IO level level At Al the thc Copper Mountain a a big iron- iron copper vein eln Is IH being developed on the level leel In places It I Is 27 feet wide Four carloads f of oC ore arc have havu ha e been shipped d drom from rom this deposit since January rl cl Another Is 1 for The ore Ole has curried carried an an excess excess oc 40 per pel cent Iron and the copper content has hns averaged av a a- a 35 to 4 per pel cent Is the thc report The rho Iron ore are has been demonstrated for tor 40 feet along Its is strike to the west west Recently a a wInz was started from tho o I level el and Is now down about ten feet It is going down I On the limestone limo lime stone wall vall wal side The IH is Ii show show- In log ing some manganese One r recent cent sampling sam earn pling pIng showed ved per cent copper and 50 GO POP per cent Iron hon excess s. s It is d declared clare There Is another tope slope opened U up in tho the property front from frol which three carloads car car- loads of or ores have ha e ul been n shipped since November Xo 1 1 61 Gal Gallons OiS Oil Oi to Ton of j Shale Found in in il Uinta I From rom Provo Pro came caine word yesterday that tt tests t made male there on oil oi shale clinic from Argyle tan canyon on In lit Duchesne county pro pro- sixty one one Jalon gallons of oC oil 01 to thu ton and ancl Kyune Spanish Fork canyon canon shale cl fifty eight hl gallons The rho proper proper- tc tics trout from which the tue shale was WOM taken are ale owned by hy Provo that In 1 Pro o men Argyle Argyle Ar Ar- gyle glo canyon by John D. D Boyd lloyd et tt a al and that at Kyune 1 b by X N. E. E E Seamount and others s. Thirty eight Ight hundred acres of ot the thc Kyune property has ha been heen bonded for or a sale salu to Denver and und Salt Lake capitalists who expect to erect a n plant for or tho the extraction of oC the oil al 1 OIK CLOSE The Tl nero yes yes- e. e oyer l Broc r prIvate te wits I III II I Act Act- 1 I 1 Alo i t oi 1 3 Iron nIo Oi 4 30 o Art I s 8 Sto so J Jer r. r Vr I 67 1 73 Id 1 l 1321 M E Cop B. B 31 6 JI Ilir Jim Jim 30 o 1 Ie I Chief t 1 23 I 7 HI Cot 01 03 Mw hr lii i eon Coo r. Ar I 1 2064 O I CD Con Cap 5 i 60 lse 10 00 p. p 1 J Jer f. f 1 I r C. C Ato ero i n lied o n 6 Cru Gold 50 GOO 5 M 1 l 1 23 CUIs S o o sub b. b Boat D. D Daly 30 1 Ton 1 JI lly Cnn Cn o 6 OS Toh Tob Mm ln 3 l 16 I I ii C. C Con 5 25 3 Iu E I 50 Ed I Ilk lk E. E o. o I. I Ci 11 S. S N. N 1400 O. O it I. I Oil 01 i Uli Il V. V Corn Com 62 Gi 67 I II If Sound tM U u n Ml U. U 25 J I 75 H. H or of 11 UI 4 I I nn Oil 01 Thi Th yes Tn Hal lr wire I I I nio Alan AUD 1 13 lIpe 5 M 09 IT 21 Hore Borne c w 0 So Ilp 1180 HI Y o I I Si S. S Is IA Oil 01 Z 31 Sa SR la Ia 53 IO 10 to 60 5 O. O or of Ca I IjO I 49 IS S. S O. O of oC lad Inc w Z U Crecent nt ZO 20 I 11 34 O. O ot or I 4 13 4 ISO O ro i O. O o oJ 1 31 1 30 rk J eo to s. s O. O tiO 30 Gah buena 11 I 1 IU I S. S O. O or of 2 X T J referred l illS 1 S. S O. O or of X N. 1 so Ill III Ilp Pipe 1 10 Is S. S O. O of oC 0 I 3 2 Nat I n 13 1 SR 5 10 H 1 Tran S Taul g o Xo Pipe lp I 10 ltd 8 43 53 o Ohio Oil 01 7 13 27 30 Prairie Prairie 1475 t l 5 n 93 1104 10 SAN X CI eO QUoTATIONS I Th The quola quotations ton 11 ye- ye t B r lh Uro wite I f I ld 1 A L. L I hid I A Ask I. I I 11 1 1 12 Ii talt 04 03 0 Il C. C i 10 11 I I I it itoh BuH O 02 03 OJ e 1 n. n 1 O. O D. D O I. I t. t p 01 i C. C 02 06 07 c BailY 03 11 1 0 1 1 H. H 11 1 n. n 01 1 01 1 n. n ClO ou to I I. I Star Stor Cl CI 05 0 Union i i Mercer 03 O 01 jI Coil h Jo hey 10 11 S. S Pick Ilc Ot 04 03 0 11 10 Quern Queen 02 1 i Y V TI r 01 T holier 60 o 1 I 01 t C 1 J 07 0 C 09 |