Show fp F and Down t the e Street p anc Lead Firm President i Opposes Stockpiling Robert RobeTt brt W. W V. V Demik Its It's ts t's no Ito news that lead consuming lead fairies ste are staunchly opposed to further hike in the price of oC the tc precious metal ut ut Joseph A. A Martino Martno of t the te f National et d Co tells brokers MerrilS Merrill Merril Merri S Pierce Fenner Beane he hea opposed to government go a s I for or national defense g 1 1565 i ec p i lY after the recently of- of tl 1 boost to 21 c a pound com com- Kd fit with ith the tc fixed wartime price jc ic a pound Mr Ir Martino I. I i lead prices pries are much too j 1 according to Investors r. r prices will wi adjust them them- r tad ki in i a reasonable length of off l ith the general level lc of f siness e Mr Martino Martno reasons f f. f To 0 Keep p Metal Higher The scarcity j however will rill wi tp the metal higher longer 7 brokers' brokers publication says I resident ident Martino is not rIot coni conS conof con- con i of t the logic of government S He thinks the supply ing fled d In the te western wester hemisphere tS o. o ij stockpiles strategically un- un r pite this view of of the firm firmI I and distributes the thel ted Led paints the commerce de- de l pit of the te United States is paring hg to continue discussions f building reserves of Cf the metal metal it i army and navy munitions rd the brokers say hopes hopesy te r y tons of lead by June the te civilian chilan market through trough clon r Prices Go Up Lip r. r Martino Martno counters with the ement ent that tat prices of his proe pro pro- pro prot e a e gone up mostly bes bethe bethe be- be t s ot the Increase in cost of of rh ps a 8 spur to solution of problem Utah th mining ob- ob tt say is the much debated 1 lUl premium legis- legis before congress It I alms aims at raging exploration and pro pro- lion ion lon of oC three tree of the tightest ats on the te market lead copper inc zinc To Open Quarters ormal opening of the thc new ma rl r of oC the Breinholt Co ing lg equipment firm is sched- sched for Saturday at 1400 Sn S. S n n st. st st fie le le company is housed in a foot foot jO foot o story one stor story structure built buit at an esti- esti est est- cost of The com com- f previously was wa located at tate late st. st st Oil Oi Expert to Speak en l it M. M Ruby internationally Jus US petroleum consultant of uha una la B Beach ach Cal and arid Salt Sal Lake will il address addres the Utah Uth Geo- Geo I Geo-I 1 al 1 society Friday at 8 pm p.m. ic e Newhouse hotel hotel partner in the firm of Hoover ice Ruby the geologist is of the pioneers in the te search Al l 1 in Ip Utah i also is a member of the pe- pe um urn i ad advisory ory board of the ed States navy j Eliminate Meals Air Lines Friday aniced aniced an- an iced elimination of free Is I s' s in al all its flights and a reduction in s. s e C. C Drinkwater president presidente it e firm said the meals 1 an unnecessary frill fri which ng the first 10 months of the te teI I I operation in 1948 cost 10 ic lenew new tariff will wi be effective 1 1 1949 or as soon thereafter he civil civi aeronautics board will lit rit i Mr 1 Drinkwater said wi e added adde Western Wester Air Lines Linest Line hot t trying to start tart a rate t with i ith h com competing companies A To Undergo Test tt dd J fo o. o 1 Frost Byrd U ural l Gas as Co Inc wildcat SE SEi i E 23 San Juan Jua Utah will wi undergo a test the Paradox l formation as a tor te the Dove Creek Colorado overy Byrd Dallas Texas Dalas gent of Frost Byrd said geol- geol I I ogy of Redd No 1 was so similar to the tc disc discovery very well wel 20 miles mies to the east it was hoped commercial production could be obtained Inthe in inte inthe the te Utah Uth wildcat at from to feet in the te same Paradox horizon That well wel ell was vas bottomed at feet following foll wing an unproductive test of the Mississippian formation below the Paradox at feet feet The Dove Creek Driscoll Driscol No 1 11 discovery well wel in Montezuma county Colorado flowed an estimated estimated esti esti- 1 mated a ted barrels of 68 degree degree degreer g gravity r a v I t Y oil oi condensate daily daiy through a choke Receive Fuel The first shipment of smokeless fuel Tuel has been received by the Mays Maya Fuel Fel Co from the Records Coal I Processing Corp Cor near Price it was announced Friday Receipt of the bags of fuel was witnessed sed by a delegation of Salt Lake and E. E L. L Baker Balter of the Salt Lake City Chamber Chamber Cham Cham- ber her of Commerce smoke abatement abatement abatement abate abate- ment committee A Mays Maya Fuel Co official said acceptance of the new fuel on the part lart of the public would determine whether it would find extensive distribution in this area The fuel is known as char and ad is produced through a carbonization carbonization car car- of Utah bituminous coal oal |