OCR Text |
Show April 25, 1947 The Western Mineral Survey, Salt Lake City, Utah S. L, Stock Exchange Quotations FRIDAY, APRIL 25, 1947 Big Hill Bingham Metal . Bonanza Mining .. xBrlstol Silver . . Bullion Cardiff Central Std a (Nominal quotations furnished by Richard C. Badger Company, 310 Kearns Building, 8alt Laks City, Utah.) Asked Bid 2.50 2.48 Silver Byndlcats 4.12ft 4.62ft Equity Oil Madison Mines .04ft .05 ft 103X0 OPERATING Clayton Silver 200 at 51. Cons. Eureka 500 at 17. East Std. 1000 at 6. East Utah 400 at 76. Lakeside Mon. 500 at 10. Little May 1000 at 4. r - 900 at Shield 1000 Park at 5 ft. Bid Amalgamated Sugar Com.. 9.50 Amalgamated Sugar Pfd.. 9.60 First Sec. Corp. Class A.. 54.00 Mountain Fuel .....14.75 Utah Oil Refining ......14.75 4ft. 17. Grand Deposit, 1000 at Lakeside Mon., 5000 at (These quotations furnished by J. A. Hogle Company, 132 South Main Street, Balt Lake City, Utah.) AC Anaconda Copper 36ft 5. 10. Ohio Copper, 500 at Park City Con., 4200 at 44. Silver Std., 1000 at 4ft; 1000 Yankee. 1000 at 5ft. Asked 9.75 9.90 56.00 15.25 15X5 at 5ft. Sales OPERATING 14. NON-OPERATI- at 4ft. income of the American people at the start of March, 1947, was $1.06, or 6 cents more on the operating' Bristol Silver 2000 at 11. than a year earlier, acdollar Colorado 1000 at 6. cording to Investors Syndicate Cons. Eureka 1000 at 17. in a study of what people earn East Standard 1000 at 6. Eureka Lilly 400 at 37; 100 at 38; 400 and spend, made public here at 36. today. Horn Silver 200 at 35. ' New Park 400 at 1.80. ' "The typical American famNorth Lily 600 at 72; 400 at 73. ily in February, the Investors Park City Con. 1000 at 45. Silver Std 1000 at 4ft. Syndicate monthly study exSilver Shield 2000 at 5ft; 500Q at 5ft. plains, continued to receive a Tintic Lead 500 at 32. cash income, actually $1.28 high WEDNESDAY, APRIL 22, 1947 b . ..... xMoscow xMt. City Copper . xMountain View . xNevada Metals .. Naildrlver .... NON-OPERATI- Bullion 1000 at 3ft. Crown Point 4000 at 5. Silver K West 300 at 60. South Standard 1000 at 9. xlndicatlng operating companies. . . .... . BALES . TUESDAY, APRIL 22, 1947 OPERATING Eureka Bullion 1000 at 18ft, 1000 at 18. Eureka Lilly 400 at 40. Grand Deposit 1000 at 5. Howell 500 at 13ft. Moscow 1000 at 4ft. xPark Utah Pioche Bristol Plumbic Mines xPlutus xPrince Con. . xProsper Mng. xRlco Argentine Royston Coaln. . xBllver King Coal'n. Silver King West xBllver Shield xSilver standard Sioux Mines ........ .... New Majestic 23,000 at 6. New Park 700 at 1.89. North Lily 200 at 73. Ohio Copper 1500 . at 14, 500 Prosper Mining 3000 at 7. Elimination Of Price Aids Asked NEW YORK, N. Y. Elimina- a . , o. - WANTED Utah-Wy- non-ferro- NON-OPERATI- Crescent Eagle, 500 at Pioche Bristol. 1000 at 3. Sioux Mines, 2000 at 4. Royston Coalition,' 1000 at 6ft. South Standard, 2000 at 8ft; 1000 West Toledo, 1000 at 4. June INDUSTRIAL PAINTING Property for ' Your Equipment and Buildings For a Nominal Cost J.H. DAVIS . LEASE SOME SILVER Jobs Insure the Life of Phone, Write or Wire 1750 Park St. Salt Lake City PHONE 74554 30, Asserting that it is imperative that the countrys labor laws be at drastically revised, Mr. Stannard said that strokes of a widespread nature such as occurred during 1946 severely retard progress and endanger the future. Flotation Bulletin Complete Equipment, For Spray or Brush Period. 5-Y- One Man Owner. Unincumbered Near Salt Lake City A-- 1 Road to Market. 8 Patented Claims. Timber and Water. Write LEAD OWNER Care of WESTERN 22-2- 4 MINERAL SURVEY East 1st South Salt Lake City, Utah Tss mash saaw fsr sarfaes axsmlxoMea at property fsr perhaps msath yet. PLEASE NOTE: district of Okla-loxn- a, Missouri and Kansas produced nearly 25,000,000 tons of zinc and lead concentrates worth more than $1,000,000,000 during the past century, Dr. R. R Sayers, 22X0 Utah Power Light Com. 21.00 director of the Bureau of Mines, ...100.00 103.00 Z. C. M. L in releasing a sta(Furnished by Edward L. Burton Sc reported today the productive on tistical report Company, April 24. 1947, 160 South Main Street, Salt Lake City.) of the region. output Source Major One of the nations leading producers of lead and zinc, the te District in past years AP American Smelting 54 HM Homestake Mining 41ft generally led other areas in an- -' IN International Nickel 30ft KC Kennecott Copper 43ft nual zinc production and ranked 47 JO St. Joseph Lead third or fourth in lead production, the report states. Discovery of lead near Joplin, Mo., in 1848 first aroused interest in the reproducgion, but large-sca- le tion did not get underway until 1871- when zinc mining began near Granby, Mo. The annual varied output from 1907-19for every $1 of cash received in from 23 to 66 per cent of the naFebruary, 1946, but as consumtional total, and from 5 to ers they had to pay higher prices 18 per ziip cent of the national lead for most living essentials. Their total. About 7000 men are norcash outgo of $1.21 in February mally employed in the mines and was 21 cents on the dollar high- mills. . er than in February, 1946. ,As a result the higher cash incomes Cite Production were not translated into wider a century of Covering nearly 1850-194zinc-le5, the jublic purchasing power. mining, tons reveals that 20,755,020 report Wages Other Income Lead of zinc concentrates and 3,334,-0- 57 The average wage earner in tons of lead concentrates i'ebruary, 1947, found in his pay valued altogether at $1,110,058,-58- 1 were produced in the Tri-Sta- te envelope $1.35 for every $1 in same a he month District during these years. year earlier. . . . Other income, that is, the In terms of recoverable metals, cash payments received by farm- 10.609,408 tons of zinc and tons of lead worth ers, unincorporated businesses, such as individual and partnerwere mined. The bigships, and from royalties, was gest annual output was in 1926 $1.27 in February, 1947, comwhen 423,800 tons of recoverpared with $1 in the same month able zinc and 102,117 tons of re in 1946. coverable lead were produced "Salary checks in. February 54.7 per cent and 14.9 per cent were drawn for $1.23, compared of the national total. with $1 in February, 1946. .. . . As in many other industries, Investment income In February, production slumped during' the 1947, was $1.13, ' compared with depression of the early . thirties, $1 a year ago. . . . Total cash in- but increased prior to the outcome was $1.28 in February, break of World War IT.. In 1941 1947, compared with $1 in Febthe year the United States de1946. war the District pro- - . clared ruary, The average American con- duced 258,837 tons of recover- sumer in February had to spend able zinc and 41.080 tons of re$1.21 for living, essentials, comcoverable lead. Since then, propared with $1 in February, 1946 duction has gradually decreased. and real income in February, In ' 1945 according to Bureau 1947, of $1.06, compared with $1 figures 139.274 tons of recovera year ago. able zinc and 23.556 tons of recoverable lead were mined How Real Income Is Figured 22.7 and 6.1 per cent of the naReal' income, In this 'Inves- tional total. tors Syndicate study, is measured by a doubly - weighted Price Increases The average price of lead and scale, with income from wages, salaries, investments and the zinc concentrates from the Tri-Sla- te from unincorporated District has fluctuated conprofits business and farms on the one siderably during the past censide, and the prices of goods and tury, the report also discloses. services which everybody must In the early days from 1870 to buy on the other side. In this 1879 lead concentrates brought study, Mr. and Mrs, American $49.43 per ton and zinc concenPublic are presumed to share the trates $11.00 per ton. In 1917, nations cash income from all prices jumped to $100.85 per sources and spend their money ton for lead concentrates and according to a typical budget, $67.57 per ton for zinc concenTheir "real income, or buying trates. A peak price year was power, is their actual ability to 1925 when lead concentrates purchase regularly needed goods --sold for $117.21 per ton and zinc and services. oprentrates for $51.28 per ton. In Real income is not a mere 1932, prices dropped to a new subtraction of cash income from low. but again. increased, as each cash outgo, which woulc World War II brought further be an index of savings rather demands for. lead and zinc. By than "real income, but an aver 1945, the price for lead concenage relative figure of income anc trates had risen to $124.65 per outgo designed to show how the ton snd for zinc concentrates to cost of living affects the adjust- $109.60 per ton an all-tied dollar income. high. The Tri-Sta- te .02 Tri-Sta- - 45 ad - ... NON-OPERATI- 9ft 00ft , . LAWINSKY 140 Russ St., San Francisco J5 7X5 ,121 tion of metal subsidies and price supports of all kinds and a dras........ at 14. tic revision of the nations labor laws are urged by E. T. Stan-nar- d, Sliver Shield 2000 at 5ft. Tintic Lead 1000 at 31ft, 1000 at president, of Kennecott Bo. Standard . . . 31. Corp. His recommendaSwansea Con. . Copper Tintic Standard 100 at 2X0. vTar Baby are contained in the comtions A3 .03 , Tintic Central . . . annual report covering . . . J1 panys Jt 12. Lead at xTlntio Magnolia Lead 500 2.15 8.07ft 1946 operations. Nelson 500 at 12. xTlntic Standard Park .06 .05 Union Chief . . Royston Coalition 1000 at 7, 1000 at .04 Mr. Stannard said that the re.02 Utah Con. 6ft. .10 .09 xUtah-WyCon. Oil .... of most remaining price moval 1000 at 4ft. Tar Baby .04 A3 Victor Con x Indicates operating companies. controls following the 1946 elecA3ft .03 XWestem Alloys V .04 A3ft tions had done much to promote West Toledo MONDAY, APRIL 21, 1947 .05 M xWilbert of raw materials and production OPERATING manufactured goods. 5000 at 5ft. Colorado, Combined, Metals, 500 at 26. "Now Congress should elimiEast Utah, 100 at 82. Eureka Lilly, 600 at 38; 1200 at 39; nate subsidies and price supports of all kinds, thereby returning 1000 at 40. New Park, 500 at 1.75; 200 at 1X0. oiir economy fully to the law of Ohio Copper, 500 at 15. Park City Con., 100 at 45; 1500 at 46. supply and demand. Such a polSilver Shield, 2000 at 6. real icy would include the removal of estate, Inactive stocks, o. us Oil, 3000 at 9. the premium price plan on. other investments. Cash or which under metals, Bullion, 3000 at 3ft. ' existing law is due to expire on Cardiff. 1000 at 10. trade. 1947. 17. e 1.26 American Income Rises But Is Offset by Higher Costs The "real MINNEAPOLIS NG Crescent Eagle Oil. 2000 at 17. Magnolia Lead, 1000 at 6. Utah Con., 1000 at 2ft. Unlisted Utah Power ft Light 18 at 21X0. xlndlcates operating companies. Keystone xLakeside Monarch xLeonora xLittle May Magnolia Lead .... xMammoth Miller Hill xMlners Gold ... Missouri Monarch . Sunshine Con. Silver DOUnr A Silver Dollar B Park City, Utah Utah Southern Oil Mercur Dome Bingham Development Arlsona Antler Industrial Stocks V 1.80.-Silve- at Ore Output Tops Billion AO THURSDAY, APRIL 24, 1947 ...... . Tri-Sta- te 1.15 69.00 21X0 Crown Point 1000 .at 4ft. Oreat Western 1000 at 7 ft. Magnolia Lead 1000 at 5ft; 2000 Royston Coaln. 2000 at 6ft. Bloux Mines 1000 at 4. xlndlcaSes operating companies. XEat Standard Park ' .... ...21X0 ..100.00 ......... 500 at 10.. Crescent Eagle 1500 E. Tintic Coalition .... xEait Utah Empire Mine . . . xEureka Bullion xEureka Lily Con. 'Eureka Mine . . Eureka SUndard Gold Chain Great Western ... xGrand Deposit . xHorn Silver xHowell Indian Queen .... Kennebec Majestic xNorth Lily xOhlo Copper Park Bingham Park Konold Park Nelson Park Premier 10.00 Cardiff Crescent Eagle Oil Croff Crown Point xCons. Eureka . . . xDragon E. Crown Point . xNew xNew ...9.70 Vh Bingham Metals 1000. at ...... Kentucky-Uta- .07 4.25 11.75 jon ' NON-OPERATI- Con. s... xChlef xClayton Silver . . xColorado Con. . . Colb. Rezall xComblned Metal xComet Coalition . . A6 ... xsft ... 3.65 ... 11.12 ...AO 1.07ft ........ ... . . .64.00 New .... ... xTankee Con Zuma xUtah Id. Bug Com. xUtah Id. Bug. PId. Unlisted Stocks xAmalg. 8ug. Pfd. . Con. Wag. ft Mach. xNat Tun ft Mines xUtah Fire Clay xUtah PftL Com. Z. C. M. L Sales Issuance of a new technical publication, "Mineral Dressing Notes (Number 15) has been announced. by American Cyana-m- id Company. The bulletin contains a new feature in the. form of tables giving pertinent data on the best use of reagents, recommended point of addition, amounts required, list of minerals amenable to flotation, etc., in convenient tabular form. The green color of emeralds is due to small quantities of chromium in the jewels. When this same chromium is added ti steel along with nickel, the re sultant alloy is a hard, strong nt nickel metal, chrome steel, often used In gears and axles. - . -- - . me URE, PETT & MORRIS STOCKS COMMODITIES 'Salt Lake Stock BONDS MEMBERS . AW Chicago Board Trade LACrrY. 13 EAST WD 8a UTAH Exchange Chicago Mercantile Exchange DMO rALLS. IDAHO 411 B STREET wear-resista- GOLD MINE FOR SALE J. A. HOGLE & CO Members Sail Lake-Ne- PRIVATE a IN Stock Exchaagoe MINING STOCKS wires to all markets tmn 113 MAIN ST. etna. Ogdox Opportunity for Individual or group lo acquit half lntorMl in 1 gold mines for $37,500. Control avlablo. No debts or stock issuo. Location, Nevada. Ono mlno has good production record, plans reopening. Smeltsrs have offered to buy outright Two miles off main highway. Fine climate. Good transportation. Bax Write PORTER CHASE. P. 324, Salt Lake City. Tork w WB SPECIALIZE H. E. HAVENOR & CO. 619 NEWHOUSE BUILDING, SALT LAKE CITY, UTAH BALI LA KB STOCK EXCHANGE FURNISHED ON UTAH COMPANIES ORDERS EXECUTED ON ALL EXCHANGES MEMBER nrOBMATlON Telephone 57 |