Show t N G Al BY U. U UTAH T TAH AH Colonel Charles P. P 1 Tasker a well wel known financier and oil expert has lias 01 ar as a- a rived lived in Salt Sal Lake after having passed ever l months making examinations of Utah oil 01 fields felds particularly those thole of the San Rafael district While in the field Colonel Tasker met Dr Emery Emer tle of the United States tates geological sure survey who re recently re- re e cent cent- left lef for Washington in order to complete his report to the government on the oil oi of Emery Emer county and arid vie vis i 1 a large largo part of the thE territory with vR- vR him Dr Di DI Emery stated according to I Colonel Tasker that in his opinion it i would not be many years yean before Utah tah was one of the te greatest oil 01 producers In the tho United States Tile The process of extracting ex ex- ex- ex oil oi front from flOI the shale Is yet in its is Infancy and anc Colonel Tasker predicts that many plants wilt will wi spring up all ni over the state within a few tow years For FOI no iio 10 well WEl defined reason except per per- haps the effect of the tue excess profits tax Utah Copper has declined to below 80 SO a ashare share bhare despite the wonderful potential showing at the property and the tho fact that cent Il-cent cent copper offers great geat possibilities for earnings taking tang Into consideration the enormous Enormous ore ole reserves the company h has blocked out In noel and the tite fact tact that cost of treatment of the ores is yearly yearl growing less with wih the hor ln v gowIng nf f th th I I I company's plant It is stated i it t 1 that th thI the I calculation that the excess profits tax I will wi cost the tho company 8 8 a share or 12 l which has commonly been ac accepted accepted accepted ac- ac bystock brokers greatly gEaly exceeds Exceeds the estimated amount moun of the tile tax fixed by the officials of or the company after consultation consultation con con- with attorneys and statisticians Until these reports are ac tabulated Jiow- Jiow ever ever and the new tax lax ta has been passed upon by the jurists the company deems it unwise to make malic any definite tion ton as to tho the amount of the tax ta It I is said that the amount will wi not exceed I or 54 4 a share There was posted on 01 the Ule exchange to today to- to 10 d day y the regular quarterly dividend of thelbert the tho Wilbert lbert Mining company of cent 1 a share which was wag declared at at a a. meeting of the board of ot directors yesterday Inclusive of the present dividend n the e d distribution In i 1917 r is or 5 cents n a share and 1 makes a a total dividend end disbursement of I Some disappointment was expressed ex ex- pressed by the stockholders and brokers broker b by reason of the fact that the dividend was a cut from the tho last quarterly distribution distribution dis dis- when wIlen U it I was wa announced announced announced an an- that the quarterly dividend would be kept at itt 2 cents a share However How ever it is stated that the company is in excellent financial lal con condition and that the work at the mine and the mill mi Is going on satisfactorily The Tho destruction b by fire re last night of I I the potash plant of ot the tho Mineral Pro Products company y at Marysville will i give a s setback setback set set- I b back at to t the production rn of potash or on n the grun ground but lut will wi not Interfere wIth lIlt the shipments of alunite containing toe iTie raw product to the coast as contemplated b by Dr Payne layne and his associates who sho are arenow ar now tow on the ground making an al inspection of their property which Is contiguous to that owned by the Mineral Products compan com cons pan pany said aid a Salt RaU Lake Ike man mail who Is in interested interested interested in- in in the district district While the total loss Is ve very great and Ind the destruction of the plant chant will wl delay matters maters some some- what I 1 have no doubt that upon the arrival arival of Mr fr Chappell Chappel president of the Products company who is expected from the East Est today orders will wi be immediately immediate immediate- l ly 13 given ghen to start rebuilding the factory The stock piles pies of ore that have l been en accumulating at Lovendahl belonging to the Cardiff Cardl Mining company of the tho Little TAttie TAt Lit 11 tie tle te Cottonwood district are ale gradually being being be be- ing reduced by the operation of an ore loader which h has a capacity it I Is stated of tons a day While the smelter embargo embargo embargo em em- bargo was on these stock piles pies accumulated kited but hut now ores both from these piles and from th the mines minIs are going forward forward forward for for- pie ward to the smelter With Ith th the return of the settlement sheets it is looked for that the directors will wl declare another dividend as the last disbursement was made August 1 of 2 25 cents a snare mare and the company Is il reported to have built buil up upa upa a a good cash reserve The er discovery of in the tle Consolidated has been ores of or the Emma announced by the management and the tiie I matter of saving tho the values thus encountered encountered mater is now being taken up UI by the company's president William Barret RIdgeley former comptroller of ot I I ury Un and J. J J. J Beeson Beeson geological expert exper and the engineer for the Emma Emma It I Is Ig stated elated that the o occurs in th the I I I I same came o ores that are now being I d I Id to the e smelter el ta and treated df for le lead and silver only but bitt tests are being made maae In siver order to ascertain if the cannot cannot cannot can can- I not be he treated by the smelters In such suds sucha and valuable min mineral mm- mm a way that this rare min min-j I oral eral era can be he saved The Tile difference between the lead market mar mar- ket in Salt Sal Lake Lako and the quotation for tor forthe forthe the spot metal in New Now York is 25 a hundred and local metal dealers denIer anticipate anticipate antici antici- pate that the local market will wi fall fal be below below below be- be low 6 the first part of next week This Thil compares with a high of 11 1 to 12 for the black metal during the year Many mine mitts owners who have opened up their properties properties prop prop- ertes owing to the high price Irce of lead lear are keenly disappointed at the drop In price which now makes it I difficult for tor any am one except high grade graie Jrade to be lie mined mine at a profit Both lead and spelter after i having increased in price more more than per cent have receded to a price nearing Hearing the mark marle at which they started on their upward career With the dividend distribution made by bJ bythe bythe the Iron Blossom of 5 S cents a 1 share it is announced by the company that this will wl of ot the ivine bring th the total distribution to Lo and for the tle year to I H It I WI was s stated tola today hv bv a man close coso to t the interests that the persistent rumors that th the company compau had bad come to the end of Its reserves were absurd I I am ama ama and have a stockholder in the company recently a gone to the mine he said and amI andI amII and andI I recent believe from what I h i that the mine can continue paying dividends from the theore theore ore s now In sight for years yearl to come The cutting of the dividend from 10 cents to 5 was merely merel good business policy in these days df's of excess profits tax low Prices of ot metals as al compared with those that obtained earl early this year and the Ule high cost of ot labor and materials Dr Dragon Dregon go Consolidated another of the so- so called caled Knight properties ice les also has made Its dividend Jend distribution amounting to Tintic Standard 11 wald 1 a I dividend amounting to lo or 2 cents a share If I brokers brokes on the local board who Wll are c ar turning gradually to oil 01 need excitement the following news from Casper may maybe maybe maybe be of ot Interest If I market conditions have havo gotten on your yom nerves nerve go 10 to Worl Wor- Wor l land nd goten in the heart of the II Hidden 1 Dome district In Wyoming says a n report but district If you go there deport yourself with circumspection and dont don't go footing fooling nS foo around nutting up an any location on 01 oil 01 claims unless you lou have a happy disregard for dan danger er an and can cin shoot straight preferably preferably from the hip There ThereIn In is II a discrepancy in the Ule official survey of the district and locations are all al mixed up up Therefore ThereforE the man in possession adorns hi his p person with wih galling gatling gUng guns gns and holds possession of the property b by force fore of arms ars There are sal said to be twenty armed camps on the Hidden Dome Dense alone to which it is safest to malts male under the white fa flag of ot truce Worland people are now organizing against outsiders out out- elders siders and the he jail jai is II full fun of ot men who have trespassed e sf on holdings g claimed by other r p |