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Show December 5, 1982 The Western Mineral Survey, Salt Lake City; Utah Production Of Steel At Steady Rate Increasing Production is at high level in United States Steels -- plants as the second month of the fourth quarter began, following a steady rise in output since the termination of the strike on 26. July United States Steel broke all iods which will either be carproduction records in October ried forward to the fourth quarby turning out a total of 3,195, ter of 1952 or carried back to 761 net tons of steel, an increase the year 1951. of nearly 120,000 tons over the Provision for estimated Federprevious high mark of 3,076,575 al income taxes for the first nine net tons in March 1952. months of 1952 was $66,000,000, Scores of United States Stee as compared with $295,000,000 for plants and many individual shops the corresponding nine months in all sections of the country period in 1951. Revenue from sales during contributed to this production the first nine months of this record. A world record was set by the year was $2,140,501,920, in comopen hearth shop of the Nation- parison with revenue from sales al Tube plant in McKeesport, amounting to $2,592,t89,614 in Pennsylvania, where an average the corresponding period last output of 51.6 net tons of steel year. was produced per operating furnace hour during October. New peak production marks were achieved also by many of United States Steels blast furnaces, rolling mills, and shipping departments in all of its To Operate Fluorite Mine centers. steel-producin- g This output; Steel States United in October by some 300,000 tons exceeded by the entire estimated monthly output in Russian steel plants. Shipments of steel products by United States Steel during the third quarter of 1952 amounted to 4,201,810 net. tons, bringing shipments for the first tiine months of 1952 to the total of 14,506,498 net tons. This tonnage compared with the record figure of 18,344,497 net tons shipped during the first nine months of 1951 a period in which no strike occurred. record-breakin- g As Benefit New Ore Zone Industry Seen Apaches From N. M. Oil At Opened Future Bright Jicarilla Apaches, Polaris Mine Nearly living on the tribal reservation For Petroleum just east of the gas and Polaris Mining company Open-pi- t ALBUQUERQUE, V . high-grad- e petro- A bright word a and of big busy future picture oil for the industry was placed before the American Petroleum Institute here. It was sketched fry T.S. Petersen of San Francisco, president of the Standard Oil Company of Chicago, I1L California. By 1975, he said, well be driving sixty five million automore mobiles, about than jam the highways today. trucks Plus twenty-millio- n double the number now in use. That brought up the question of whether there is enough oil in prospect to meet the needs of the next 25 years. Mr. Petersen wasnt worried about supplies. He stated at the closing session of the institutes annual one-thir- d meeting: Last year we found more oil than in any other year in history five million barrels, which is more than twice as much as we produced. We started 1952 with a new record reserve barrels of crude and natural gas liquids. . . We know that oil may be found anywhere within an estimated 2,400,000 square miles of sedimentary formation. Yet all of our present reserves is scat tered over just 1 per cent of that tremendous expanse. Within 20 years atomic energy, probably in the form of large stationary power plants, may be able to compete economically with oil and coal energy! However, I believe these plants will supplement rather , than supplant present power sources. Mr. Petersen, said the 00 Cum-mirigs-Robe- rts , . - petrol-chemica-l m petro-chemic- al . . Jonhson Named further,', Administrative con-eratio- steel-makin- g 6, 54-da- y 0 M. 1000 t fluorite on from extensive deposits Crystal Mountain in Ravalli county, Mont., southeast of Darby, is being discontinued . for the winter months, beginning early in December, and will be resumed as an open-pi- t operation next 'spring, according to Glenn Hawe, superintendent Engineering comof Compton, Calif., conpany tractors who have undertaken the mining job for U.S. Stee company. The deposit, said to be the In contrast with the produc- richest in the United States, was tion rate, of 100.9 in the third located a little over a year ago quarter last year, production of by A. E. Cumley, R. D. Flightner steel ingots and castings fry and Lester Thompson, all of United States Steel for the full Darby, and has been leased on- a third quarter of 1952, in which long-terbasis to. U.S. Steel operations were at a standstill which utilizes the product at its industry, with it synfor the first 26 days of July, processing plant at Geneva, thetic chemicals, faces a bright future. averaged only 67.2 per cent of Utah. rated capacity. This is an inThere seems no limit to the the of property Development crease of 6.2 per cent over the has been in progress throughout horizon, he said. low operating rate of 61.0, per the summer and first shipments Sales will total 8,500,000 tons cent in the previous quarter, were made early in September. of chemicals in 1952, with a valwhen work stoppages in April Since then production has aver- ue of more than $1,500,000,000. and May and the strike which aged about 250 tons daily, Hawe "The petroleum industry to2 caused a drop said, and the ore has run about day produces about one quarter began on June of 42.2 per cent from the like )6 per cent calcium fluorite. It of the nations organicTOand inop1951. in Currently period years is possible that the quality might organic chemicals. In erations are running at approxi- even improve to 98 per cent, that figure will likely rise to 50 mately 106.7 per cent of rated making possible the shipment per cent. After that, the skys capacity, after having attained of acid grades, essential in' the the limit, granted sufficient de109.3 in the closing week of of hydrofluoric acid, mand and 'proper economic inproduction States Steel, le added. October. United centives. since the outbreak of the Korean plans are to complete stripwar, has added approximately ping operations so that open-pi- t 2,600,000 tons to its annual steelwork can .be started next making capacity, and approxi- Hawe stated. The company mately 2,300,000 tons of car. to at Ieast steel capacity should be -In op- - joads next sUp n has summer and by United States- Steel gtructed 6 to niiles 0f road by the end of 19o3. Thus ts facj.iitate hauling to the loading divisions will then tat at Darby7E. G. Smith of Appointment of Frank f E. have placed in operation a to- - Wallace hag the trucking con-ta- l Johnson as deputy administraof 4,900,000 additional tons ract average of about 20 tor of defense minerals exploraof ingot capacity. Some of this men, including truckers, was tion administration was anadditional capacity will be availnounced today by Under Secthis year. able before the end of this year. employed of the Interior Vernon D. Ore reserves are estimated to The profit of United States be sufficient for 10 to 12 years of retary Northrop. Steel Corporation for the third Hawe revealed. The Engaged in mining and assooperation, quarter of 1952 was reported owners receive a royalty pay- ciated, activities for the past 30 on October 28 as $30,405,472, com- ment of $7.50 a ton loaded at years, Mr. Johnson has been pared with a profit of $27,936,060 the shipping point. special assistant to the adminfor the third quarter of 1951. istrator of DMEA since its. orThe profit of United States ganization in . November, 1951, NACONDA COPPER Steel for the first nine months and has recently served as actof 1952 was reported as $96,158,-60Anaconda Copper Mining com- ing deputy administrator.-Mr- . or a return of 4.5 per cent panys net income for the first Johnson was born March on sales. In 1951, the income nine months of this year was ap- 12, 1899, in Denver, Colo. He reported for the first nine proximately 19 per cent below was graduated from the Colomonths was $134,733,557, or a the corresponding period of rado School of Mines with a dereturn of 5.2 per cent on sales. 1951, a recent company report gree in mining engineering in As a result of the adverse ef- shows. Earnings this. year were 1922. steel strike on $27,988,193 or. $3.23 a share, as fect of the He entered the federal service United States Steels operations against $34,390,752 or $3.96 a in 1935 as a mining engineer throughout the entire period share a year ago. The report does for the Bureau of Reclamation from June 2 to July 26, 52, Fed- not include the firms equity in in Colorado. In 1936 he joined eral taxes on income for the third undistributed earnings of Ana- the Reconstruction Finance. Corquarter and the nine months of conda Wire and Cable company. poration in Wlashington, and 1952 reflect a tax credit from These earnings amounted, to spent 14 years with this agency an unused excess profits tax ex- $1,989,479 this year and $1,552,-89- in connection with its activities in 1951. emption applicable to these per-in the metals and minerals field. Mining of N. Aid in DMA leum rich San Juan Basin of northwest New Mexico, recently received $300 apiece for land leases. Charles L. Graves, area director for the U. S. Bureau of Indian Affairs, said the money $288,600 came from oil and gas drilling firms .which had taken leases on the reservation in hopes of developing new fields in the area. Oregon Scene Of Chrome is of commercial opening new ore width and grade in the footwall of the big No. 3 vein on the t level of the Silver Summit mine, it was learned this 3000-foo- week. The new ore zone, indicated some time ago by diamond drilling, was intersected late last week fry a north crosscut from the main 3000 level west drift, about 70 feet north of the drift, President L. J. Randall told the Wallace Miner in response to an inquiry Monday. . By that time the structure had been followed westerly afrout 35 feet, exposing good commercial -copper ore averaging four feet in width. Whether or not the ore shoot constitutes important new ore reserves for the property remains to be determined, Randall pointed out. A considerable amount of development work will be necessary before this is known, he added. The, footwall ore appears to parallel the main west drift. It lies west of the big west ore shoot opened in the main drift last year, and about 700 feet from the west boundary line of the Silver Summit property. The main west drift has already been extended far beyond this area following a strong structure toward the Purim area, which is to be develojped under an operating agreement between Polaris, Silver Dollar Mining company, Lincoln Mining company and Hayden Hill Consolidated Mining company. On Monday the face of this Purim west drift was only about 37 feet from the Silver Summit-Puriboundary, Randall said. The face was in siderite, with no ore. Exploration of the Silver Summit vein, which lies about 950 feet south of the No. 3 vein, is continuing, it was learned. A lateral drift is being run westerly in firm ground of the hanging wall of the main structure. Crosscuts and diamond drill holes will be run at intervals to explore the vein. This procedure eliminates the need for much timbering. . silver- Development Prospecting for and developing new chrome mines continues to occupy the major attention of the Oregon mining fraternity, acording to Ore Bin, monthly publication of the Oregon state department of geology and mineral industries. v In Grant county, near John Day, two new lenses of chrome ore have been found. One, believed to be of shipping-grade- , has been opened on the Haggard-Neproperty, owned by William Gardner and Ray Summers and under lease to Bert Hays. The other was uncovered by bulldozing at the Dry Camp mine, owned1 by H. R. Elliott and leased by Art Newman and Paul Remale. In southwestern Oregon, F. I. Bristol, Ben Baker and T. T. Leonard have started producing chrome concentrates at a plant installed this summer at the Sourdough mine on Baldface Creek in Curry county. Nearby, below Sourdough Flat, Walt Freeman and LeVem Twombly are setting up a small concentrator to handle ore from the Wonder mine where shallow workings show considerable e chromite, some of which is shipping quality, the restates. port In Douglas county an occurrence of chromite of cosidera-bl- e geological interest and possibly of economic importance has been noted. O. W. Stuempges has exposed small stringers in three shallow pits on his located about five miles River from Glide. Both Little up e disseminated ore and are present in the area. The G. ML C. Mining and Milling company concentrating plant near Eagle Point in Jackson county fras been purchased by the Laughlin Engineering company of Los. Angeles and is now part of the G.M.C. division of that firm, the publication ports. , w high-grad- B-Mi- ne high-grad- Clirome Production San Luis Obispo, Calif. Chrome production has been started eight miles from Morro Bay by International Metallurgical Chrome Corp. Construction of the plant and development of deposits are said to have cost $500,000. The chromite concentrator is treating ore chiefly from the old Sweetwater property near Morro Bay, but some ore is received from the Norcross and a few smaller mines. e sid-erit- m Promotions Announced By Anaconda Announcement of promotions in the mining department of the Anaconda Copper Mining Company was made Thursday by Chester H. Steele, vice president in charge of western operations for the company. Arthur C. Bigley, who has been manager of mines since January, 1951, becomes general manager of western mining operations, the position held by Mr. Steele before he succeeded Edward S. McGlone, who was recently named executive vice president of the Anaconda company, with headquarters in New . York City. Edward I. Renouard, who has , been general superintendent of mines, becomes manager of mines, and A.. R. Sims, assistant general superintendent of mines, has been elevated to Mr. Renouards former position. , . |