| Show Up p and Down the Street S. S I. I Mart Notes Hike In Trade for 1952 By Robert W. W Bernick activity A substantial increase in fly ity was vas recorded by the Salt Lake Stock Exchange during durin February it was as reported Saturday Emery Ellis ElIis assistant secretary secre tary lary noted that some shares changed hands last month carrying a dollar value alue of j I Trading during January of this i year ear amounted to shares valued at To date in 1952 some shares valued i I at have c traded I Among the leaders in activity 1 and price change during the month were Groff Mining lining Co Royston Coalition Silver Standard Standard Stand Stand- ard Dragon Consolidated Mines Iines k I Magnolia l Lead and Oil Plumbic Humble Mines Iines South Standard and New Park Mining l REFINERY REFINER ADDITION A expansion program Js Is planned for the Jensen Uintah County Utah refinery of oC the Utah Cooperative To ro be undertaken over a four- four year ear period the program calls cals for erection of catalytic cracking facilities increasing crude oil run runt at t the facility from froni about per month to monthly Financing is yet to be arranged The association also revealed at a meeting here herc Saturday that it holds some acres of land under oil oi and gas lease in seven Utah counties Limited exploration for fOl petroleum petrol petrol- eum um is projected over the next I four foul years with wih aim im that the i I group can be assured of I per day of oC oil oi from its is own prop prop- prop ertes j A test well wel in which the cooperative co co- cooperative co- co operative association participated with the Production wih Idaho Rangely tion ton Co was as drilled li recently to toa of 2000 feet at Han a depth Rangely Rangel cly Field But nut despite a 3 show sho of oil oi it i was not converted to commercial commercial commer commer- cia cial production PLACER HEARINGS I Hearings were scheduled to Ic open Saturday at Boise Ida on application of oC S. S K Atkinson a mining engineer to recover worth of minerals from fromi i the bed of the Snake River I Mr Atkinson a placer operator operator opera opera- tor toi- wants to dredge silt sil of oC several several sev sev- eral cral p proposed 1 l 10 a 0 p o 0 S sed C d hydroelectric plants of the thc Idaho Power Co His operations would take 18 years ears to complete and cost 95 POWER PO EXPANSION The Thc Idaho Power Co will wj spend between and I in the next four years for additional electrical generating facilities it Satur Satur- i was as reported day According to T. T E Roach president pres- pres ident dent of the utility the thc firms firm's 1952 construction program is estimated cst esti- esti mated at Of that amount will wi be expended expended ex ex- for completion of the C. C J J Strike hydroelectric hydroelectric- plant at G r ran a n ii d v i e C CV w V in southwestern Idaho To ro meet estimated demand for 1954 the firm has made preliminary preliminary nary surveys for two additional hydroelectric plant sites on the Snake River Ri er in southwestern Idaho The summary was presented by 11 Mr Roach to a meeting of the New York Society of oC Security |
