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Show V.' . &u.t?2, 194T The Western Mineral Survey, Salt Lake City, UtoK jy L Stock S. Exploration Of Lovelock Area Pushed Exchange Quotations Blaginin Metili .02 11 .84 .08 .04 1.10 Bonenxs Mining xBristol Silver xBullion xOerdllf CentrSl Btd tfChln Con. QliftoB Silver xOoloredo Con ..........I xCoablned Metsls Gomel Coeln ommonweslth Lead eacent Eagle Oil The property is the Table Mountain Copper Group and is owned by the Airlanes Gold Copier Mining Co. of which E. C. Iradshaw of .Oakland is president, Martin Judge, Jr. of San Trancisco vice president and Mrs. Bradshaw secretary-terasure- r. Eighteen claims are embraced in the group. They are situated on the east side of the East Range on a line with Dixie Val-e- y, between White Horse and Cottonwood canyons. They were oca ted. by Mr. Bradshaw before the war. Trenching and outcroppings reveal a deposit 100 feet wide and 6000 feet long, with backs of 1600 feet, judged by exposures on the mountainsides. The ore is calcopyrite and extensive assays ndicate a content of 1.65 copper, it is reported. Trances of 'old up to 40c in value and some silver are found. The ore would yield easily to flotation. The ore is a primary deposit hat has been exposed by erosion. Preliminary examinations by one of the large smelting and refining companies have been very encouraging. Drilling by the Bureau of Mines is expected to reveal conditions at depth. The owners are a closed corporation and not seekers of pub-icit- y. No stock is for sale. They .... Slrotl ?rown , Point Eureka )ragon Crown Point East Standard Tin. Coaln. xEast Utah ... ........... .04 11 Mlnea Bullion Lily Con. Mines Empire xEureka dEureka Eureka JJ .04 3 Sureka Standard Qreat Western xOrand Deposit 02 10 .01 -- xHorn Silver xHowell .... Indian Queen Kennebec 02 Kentueky-Uta- h Keystone xLakeside Monarch xLeonora xLlttle May . Magnolia Lead xMammotb Miller Hill xMlners Gold . . Missouri Monarch . xMoscow xMt. City Copper xMountaln View XNevada Metals Nalldrlver . ........ 91 xNew Park xNew Majestic xNorth LUy .04 o North Btandard xOhlo Copper Park Bingham xPark City Con Park Konold .40 Park Nelson Park Premier xPark Utah " " Utah Con Main Street, Salt. Lake City,) Bid Amalgamated Sugar Com. ..9.50 Amalgamated Sugar Pfd. ..9.50 Asked 9.75 9.75 (These quotations furnished by J. A. Hogle Company, 132 South Main Street, Salt Lake City, Utah.) 37 AC Anaconda Copper 60 AP American Smelting ng .... Bingham Development Arliona Antler 1.S0 05 ; Con. Oil courtesy of Edwin LaVlgne Wash.) Asked Bid Registered Stock 06 Butte High .52 Clayton 92 Dayrock Gladstone Golconda Grandview Heel a Idaho Silver Independence ExDiv. Jack Waite Met. M. ft L. .23 Metropolitan Metropolitan A Mineral Mt. . New Hilarity ., 5.15 Polaris Sherman 1.80 Silver Summit (Quotations ft Co., Spokane, Sunshine 9.75 1.15 .41 Sunshine Con. Tamarack United LZ Unlisted Stocks Bunker Hill Callahan McGllllvray New World Pend Oreille Sidney Wster Power 1000 1000 at Dayrock Independence 13. Met M. 10. Mineral xUtah-Idah- First See. Corp. Class A. .51.50 12.75 Mountain Fuel 13.00 Utah Oil Refining .22.25 Utah Power ft Light 93 00 Z. C. M. L OPERATING Bristol Silver, 1000 Bullion, 1000 at 6. at X ft L. Mtn-10- .02 - r 6. 92, 500 at at 1000 1000 at at 00 at 93. 14, 1000 10, at 1000 at at 43, 43, 1000 United LZ 2000 Bunker Hill 25 at 17.00, 50 at 17S0. Sidney 100 at 3.60. Waterpower 26 at 113.50. Registered 1000 at Met. B. 23. MARKETS (The following securities are neither listed nor admitted, for trading privileges on any national securities exchange.) Stack Alpine American Silver Axurite Big Creek Apex Callahan Con. . . . Caledonia C.D.A. Mines Chester Crystal Lead Douglas Golden Age Gold Bond Gold Helm Gold Mess Hopesllver High Aurora High Surprise Hunter Creek Hypotheek King Mining ... King Pine Creek Lexington Liberal King Lookout Mt Lucky Friday Lucky Friday Ex Merger Mineral King Morning Glory Monitor Nabob Nevada Ottawa Paramount Pilot Silver 6. 8. 3.at 5. 5000 Sardlff, Sliver,at200 at 51; Cons. Eureka, 3000 at 20. ft. East Utah. 600 at 48. Moscow, 1000 at 100 - Chicago Board Trade Chlcqao 50. SALT LAKE CITY, UTAH 23 EAST 2ND SO. KorsantU POCATELLO, IDAHO 234 WEST BONNEVILLE Union Chief, 20.000 J. A. HOGLE Hsafcsn OPERATING Lafca-Na- w SI -- KUSH BLDOk Ofdsa 111 MAIN Salt Lafca 3. 500 at 100- - at 7. Mb -- OPERATING Aw Orescent Missouri Rqy stan Wsst Toledo 1000 It ft. H. E. HAVENOR & CO. 19 NEWH0USI BUILDING, SALT LAKI CITY, UTAH 8gS& ORDERS business has been reduced sharply. Tiw immediate effect has been a falling off in Climaxs production and earning power. Climax Molybdenum Co. will pay its quarterly dividend of $756,000 on Sept. 30 at the rate of 30c a share. Earnings dropped last year to $1.01 a share which compared with a wartime high of $5.31 in 1942 and an average of $3.62 s inshare in the years 1939-19clusive. For the first quarter of 1947 net was equal to 24c a share on 2,520,000 shares, but second quarter results probably did not equal returns for the first three STOCK RCRANgt ON UTABjCOKPA OH ALL EgCNANCES .04 .13 ;....... 15 .16 43 02 Al 02 .04 .83 06 S9 .03 .08 A4 15' 03 .04 .22 1.95 2.12 .04 .10 .03 11 .02 ,19 months In the years 1937-8exports averaged 77 per cent of the companys total sales. In 1946, the first full postwar year, .exports were only 12 per cent of total volume. Because the use of . molybdenum abroad before the war was primarily for war preparations, peacetime applications of the metal in Europe were ignored. So there is believed to exist a fertile field for develop- ing everyday commercial applications of molybdenum in the foreign bteel industry and other fields. There is considerable hope entertained that research will find important roles for molybdenum in the fields where high temperatures are developed such as jet propulsion, gas turbines and rockets. Molybdenum is an unusual metal. Its melting point is 4750 F. it has higher strength at high temperatures than any other commercial metal except tungsten. But tungsten is more costly, is twice as heavy, and is limited in size and shape. So molybdenum got plenty of wartime attention, primarily as a substitute for tungsten in tool steel. Research in its application to peacetime uses is now under way at the lamp division of Westinghouse Electric Cora, . - at Bloomfield, N. J. . Westinghouse recently announced it has developed a new process for the metal.'. .It can. now manufacture ingots weighing 250 pounds 25 times heavier than the largest ingots made during the war. The molybdenum is produced in sheets, bars and cylinders (picture) as well as disks and tubing. Complete Mill, mounted on a steel basecapacity 25 tons per day, ordinary grinding, which consists of the following: - Jaw Crusher Cast steel 7x10 Chain and Bucket Elevator Steel Ore Bin Denver Ore Feeder Steel Scoop Box Ball Mill 36fx48M ID 30;HP. Electric Motor 1200 R.P.M. Starter and Switch Box Two Sets of Four (total 8 cells) 22"x22" Denver Sub A Flotation Cells, complete with steel launders - 15-H- P. 1200-R.P.- M. Motor with Drive-St- arter V-B- elt end Switch. Two Denver Pump$ 1 No. 6 Wilfley Table Rubber Top- with steel launders, complete with motor and drive, starter and switch. 1 Dry Reagent Feeder 1 Wet Reagent Feeder 1 Fairbanks Morse Electric Pump 1 Steel Bolls Approximately Two-To- n -3 Phase, t, Motors - Y-b- elt 220-Vol- 60-Cyc- le WESTERN MACHINERY COMPANY T4S W. 8th SOUTH ' -9 A CO, Toth Stock Kaokanqoa WE SPECIALIZE Ol MDCNa STOCK! PIIYATB WIRES 10 AU MAMETS 11. Bristol Silver 1000 at Bullion 1000 at 6. Cons. Eureka 5000 at 20. Horn Silver 500 at 33. Miners Gold 2000 at 3. Moscow 2000 at New Park 200 at 1.75. North Lily 100 at 68. Park City Con. 100 at 4I 41; 400 at 40; 100 at 39. Silver Shield 2Q0O at Tlntle Lead 500 at 32. Tlntle std. 400 at 1.52; Scdl & S3 1.58 ....; 1 TUESDAY, AUGUST 19. 1947 by-prod- uct FOR SALE Exchaaqo IDAHO TAUS, IDAHO 411 B STREET NON-OPERATI- Central Btandard, 1000 at I. Crescent Eagle, 2000 at 19. Park Bingham, 2000 at 2. xOperating Sales largest molybdenum ore reserves world, is faced with in creased competition in the U. S. from large scale production of of molybdenum as a copper mining. At the same time the firms large prewar export fh the the Golconda No 10 level to Cons! Eureka the eastward for development of Exploration operations being the Square Deal holdings at conducted by Consolidated Euredepth. ka, Nevada, are making favorExploration work at Lolo Pass able progress, according to rehas been abandoned. pent reports. Salt Lake Stock Exchange at .03 ........ Ventures wnmms 11. 5 43 Unliste- d- & MORRIS PETT USE, BONDS STOCKS COMMODITIES WEDNESDAY, AUGUST 20, 194 29 45 1.20. NON-OPERATI- Central Standard 2000 at 5. Columbus Resell 1000 at 9. Crescent Eagle 500 at 20. Unlisted Utah P. ft L. Com. 58 at 22.25. 45 .... ...... 4. 7, 7. 53.00 13.50 13A3 23.00 85.00 HM Homestake Mining IN International Nickel KS Kennecott Copper Jo St. Joseph Lead PD Phelps Dodge 6. 8. NON-OPERATI- K, N. Y. Climax Co., owner of the " . 5. 5. 7.75 3 6. 3. 7.50 .02 45 headframe has been erected. L. Victor Con E. 6, Hanley. Hecla president, has xWestem Alloys .... not indicated how deep the shaft West Toledo 53. 03 xWllbert will go. The contract with Gem xYankee Con. .... State requires only 200 feet, but Zuma o the Sugar 42. magnitude of the prepara10.15 do Pfd. indicates a deep operation tions Unlisted Stecka is intended. X Amalgamated Sugar Pfd. 9.55 Con. Wagon ft Machine. . . Hedas Rock Creek operation xNatlonal Tun. ft Mines. is a prospecting venture destinxUtah Fire Clay ed to develop the belt gome sevxUtah P. ft L. Com XZ. C. M. X. en miles east of the Polaris-Silv- er Golconda Lead In New HAT.M and Summit development OPERATING The Gol- WALLACE, Ida. 17,000 feet east of the Vulcan, Cardiff 5000 at B. Lead conda Mines has entered which is an American Smelting Cons. Eureka 1000 at 19. East Utah 300 at 41; 1000 at 48; 900 & Refining Co. undertaking. into two new ventures and has at 48. abandoned one exploration projEureka Lilly 100 at 35. Horn Sliver 1000 at 31. ect, according to the annual reNew Park 100 at 1.60; 100 at 1.57; Zuma 1000 at port just issued. 700 at 1.55. xlndlcates operating companies. North LUy 200 at 68; 200 at 68. A 25 per cent interest in GoldPrince Con. 1000 at 23. MONDAY, AUGUST 18, 1947 en Dredging Co. was obtained in Silver Shield 1000 at 8. OPERATING Tlntle Standard 100 at 1.52. return for making the initial Bullion, 2000 at Western Alloys 2000 at 3; 5000 at payment on a dragline shovel, Cardiff. 2000 at Cons. Eureka, 1000 at 21. the report says. Ibis company THURSDAY, AUGUST 21, 1947 East Utah, 500 at 46; 300 at 49. operates in the John Day region OPERATING New Majestic, 2000 at Bristol Silver 1000 at 12. New Park 100 at 1.75; 200 at 1.72. of southern Oregon. The new Bullion 3000 at Park City Con., 1000 at 41. equipment has begun operation Clayton Sliver 600 at 50. Silver Shield, 12,000 at 7; 1000 at S. with results which promise a Combined Metals 500 at 23. Tlntij Lead, 500 at 34. Eureka Lilly 100 at 35. Tlntle standard, 100 at 1.60; 200 at successful season, the report Ohio Copper 500 at 14. 400 at 1.55. adds. 1.52; Park City Con. 100 at 40, 200 at 41. Union Chief 2000 at An agreement has been enPrince Con. 500 at 23. 11,000 at Silver Shield 1000 at tered into with the Square Deal Crescent Eagle, 3000 at 20. xlndlcates operating companies. Mining Co. for the extension of xUtah-Wyoml- .30 Plainview Reeves Maed Sheep Creek Silver Bowl Silver Chieftain Silver Crescent INTERSESSION Registered Silver Dollar A Butte High 1000 at 6, 1000 at 1000 at Silver Dollar B Silver Syndicate 500 at Clayton St. Elmo Dayrock 1000 at 91 Mineral Mtn 500 at 41, 3000 at 41, Success 1000 at 41. 500 at 42, 2000 at 41. Sunset Mineral Thomas Con Sherman 1500 at Silver Summit 500 at 1.86, 500 at Utica 1.83, 500 at 1.80. Wellington Whltedelf Sunshine 100 at 9.65. Sunshine Con. 100 at 1SS, 1500 at Yak, Shoshone 0? 1.9S . at 42. Hecla 1000 WALLACE, Idaho Sherman 1000 at 43, 1000 at 43, 500 43. its Co. now at is sinking Mining 811ver Summit 300 at ISO, 100 at three compartment shaft,, known ISO, 500 at 1.80. as the Rock Creek, on the Gem Sunshine Con. 500 at 1.17, 100 at State property between Wallace 1.20, 100 at 1.15. Unliste- dand Mullan. It is completed and Bunker Hill 10 at 17S5, 10 at 17S0. to a concreted bedrock and Pend Oreille 100 at 1.95. 01 xUnlon Chief (Furnished by Edward L. Burton ft Company, August 21, 1947, 160 South Hecla Sinking New Development Shaft .... ' Jl Sun Con. Silver Dollar A Sliver Dollar B Park City, Utah Utah Southern Oil Industrial Stocks Butte High 03 Tlntle Central xTlntie Lead xTlntlc Standard 04 1.95 erly Plainview) mine in the 3.63 Rochester district, which they 113.00 )lan to develop when conditions Whitewater .01 SALES for gold mining improve. AUGUST IB, 1947 MONDAY Review Miner BOARD SALES Registered 02 o 5 Ploche Bristol Plumbic Mines xPlutus xPrlnce Con xProsper Mining xRlco Argentine Boyston Coalition . xSllver King Coalition Silver King Western . xSllver Shield xSllver Standard Sioux Mines South Iron Blossom . South Standard Swansea Con. xTar Baby ,...2.10 ....3.50 Silver Syndicate Equity Oil Madison Mines also own the Gold Wedge (form- JO Asked 2.20 3.87 JI5 Bid showings. M RexnU Colb. by (Nominal quotation! furnished Richard C. Badger Company, 310 Kearns Building, Salt Lake City, Utah.) Nevada will become the outlet to possibly one of the major copper deposits of the country if a diamond drilling development program by the U. S. Bureau of Mines, expected to begin soon, confirms present Big Hill MolytFirm Unlisted Stocks LOVELOCK FRIDAY, AUGUST 22, 1947 i Boh Uk. City It, Utah |