Show 1 I Mining Oil Oi and andt I II t I S Financial Notes Notes' l' l S NORTH BECK ECI Operations at the North orth Beck Deck property property property prop prop- erty are being resumed Monday after ater the tho mine mimie had bad been col closed d for a I few weeks while a geological survey was being I made Work f Is being r resumed on the e level ve of the Sacramento en shaft under the direction i f t George II 11 I. I Ryan J. Rm 1 11 TINE LINK Engineers in iS 11 t tho ho pipe PP department of ot the Midwest Refining company have Ilave been In southwestern Wyoming making maln investigations looking toward laying of oC pipe line from tha tue LaBarge oil 01 field to railhead lne It I Is understood that the layng lay lay- ng of a line lne will wi depend upon the quantity quantity quan quan- InS of crude that the tho field will wi produce daily laly A A. gauge Is IB now being taken tf cf cl the production production- and so far as can be ho learned It t is thought that It 1 will wi be sufficient to warrant the time laying of ol a tour Inch line lne It is believed that work will wi be started I I early spring Unless there er l Is a by change jy In n sr the present ella plans the he hea rail a terminus will wil be at Opal which Is said to be ten miles mie nearer than any other oilier point S MIDWEST CO Midwest Refining company Standard Oil of Indiana completed purchase of 01 retail distribution system of f Aeo Aero Oil 01 and Refining company cf ef t Lav Mont also has production In Cat Creek and Sunburst oil 01 fields feds and re refinery refinery re- re finery at Lewiston b but t these are Jre not Included in the sale fale The purchase is 18 In line with the move of Midwest Refining Refining Re Re- fining lne company wih to enter retail trade trad in n inthe inthe the Rocky mountain region It is rumored that trade trade 1 Is 1 pending for tor I taking I over by Midwest 0 oi 01 all ni Aera Aeri filling stations in Wyoming wl h are re Independent lade lade- operated by Aero Oil 01 company an n pendent firm UNITED TES STATES SMELTING NO United States Smelting Refining and an Mining company declared usual quarterly quarterly quarterly terly dividends of 87 Sh cents per share on erred and 87 cents per share hare Oil Oll common Both dividends are payable January 14 H t tJ stock of ot record January G. G Consolidated earnings of ot United States Stales Smelting Refining and Mining company for tor eleven cleven months ended November 30 30 19 1927 7 amounted to after Interest interest In Interest In- In terest and serves for tor taxes This compares compares com corn pares with net of in corresponding corresponding corresponding corre corre- wih months of ol 1926 and In 1925 1025 Reserves for tor depreciation depletion depIction and were leaving net nH for the period of ot compared compared com corn pared with reserves of ot and net of for eleven months to November No- No ember vember 30 1026 After the periods period's dividend on preferred pre pre- stock final fina net for shares of t common amounted to tr CT 25 per share against a a. share earned on common for the same period last year and In 12 1925 1025 are arc at an annual rate of ot per share shaie estimated that in completing the It is United I States Smelting Smelling profit and loss account for tor the year the December earnings and and miscellaneous annual ad adjustments ad ad- will Increase the earnings now reported wil to approximately 5 o.- o. Providing for Interest on funded debt and estimated reserves for amortization for Cor the year ear earthe reser es the tIme thet t for tor the year after aCter all al cha h t 4 are estimated at approximately 3 0 0 which Is slightly more than I 1 lend Jend requirements for Cor the year tl at II th 11 nt dividend rates PARK RK UTAH UTtIE l 1027 7 ORE Production of ot mines In In the Park Park City district during 1927 shows a a. sharp Increase increase In Increase In- In crease over 1926 1026 The total ore shipped from Crom Park City in 1927 is tons compared with tons in 1926 The mines and their shipments follow 1926 1927 Ions tons tona Ontario Park Utah Cons Cons U. U Silver King Coal Park Galena 1238 1218 Total 0 |