OCR Text |
Show ? November 20, 1953 The Western Mineral Survey, Salt Lake City, Utah Salt Lake Stock Exchange Lilted Stoeke Big mu Oil St Msg. iBonuii zBrlstol Silver K . wWnlltow . Central Std. . . (Chief Con. (Clayton Silver , Colorado Con. Colb. Rexall ; - ........... ' .07 .13 (Combined Uetali xComet Coaln xCommonwlth Lead (Cons. Eureka Creccent Eagle Oil (Croff Oil Crown Point (Dragon E. Crown Point xEait Standard Coaln ' E. Tin. xEait Utah (Empire Minei Eureka Bullion xEureka Lilly Con. Eureka Hines (Eureka Standard Gold Chain (Grand Deposit Great Weitern Born Silver -- . .15 .15 u7 04b .01 01 .04 .05 .15 ............. ............ .06 .06 .16 ........ 5.atl5, 4. 15. 2, Kentucky Utah 1000 at Leonora 1000 at Miners Gold 3000 at 2, N slidriver 500 at 52. Nev.-TOU A Mng. 2000 at New Park 300 at 82. 400 at 8L 2. New Quincy 1200 at 5, 2000 2000 at 7. North Std. 2000 at 1000 at 45. OU Securities Park C. Con. 1000 at 3. Prince Con. 1000 at 5. at 2. prosper OU A Mng. 20001.75. Rico Argentine 50 at 8U. Shield 5000 at 4. Un. Park City 200 at 1.15. . Western Alloys 4000 at 2. West Toledo 3000 at 10. Wilbert 1000 at 2. WUllston B. OU 2000 at 22, ; - 1. , - (Howell Indian Queen (Kennebec ............ ........... 06 (Kentucky-Uta- h Keystone Lakeiide Uonarcb ' (Leonora (Little MayMinei (Million Magnolia jV i..- ...... .01 ... ... 01 30 .03 .02 .50 .02 Lead St Oil A Mng. OU Majestic (Mammoth Miller HU1 xMlneri Gold (Mono Keariarge . Jioieow Mt. States Dev. . . . . (Mountain Vlwv xN alldriver (NevTah OU A Mng. (New Park . . (Hew Quincy North Lily . (No. standard .02 .03 .02 .31 .02 ............... .03 .60 .03 02 (Park Bingham (Park City Con. Park Nelson . . 03 .17 03 02 1.60 05 32 .04 .01 00 Plutui (Prince Con. (Prosper OU A Mng. (Rico Argentine xRoyston Coaln Slver King West xSUver Shield (SUver Standard Sioux Mines .04 .25 .05 .02 1.90 .06 .35 .04 .02 .01 , 5. ,1. 16. 2. at. 1. at 10. FRIDAY, NOVEMBER 18, 1958 RALES Comet Coaln. 500 at 7. Dragon Con. 300 at 84.' Indian Queen 2000 at 1. Madison Mines 1000 at 30. 1000 at 31 Mag. Lead A OU 2000 at Mt. Btates Deyj 3000 at 3 New Park 100 at 85. North Lily 100 at 36. OU Securities 100 at 47. OU A Mng. 10000 at 2. Prosper Trans-U- n. Oil 3000 at 7. United Park City 700 at 1.25. Western Alloys 1000 at 2. operating companies) SALES Bonansa OU 3000 at 3. Bristol 811 5000 at 4. BuUlon 3000 at .. Cardiff 100 at 35. Colorado 2000 at 1. Comb. Metals 85 at 12. Comet CoaTn. 1000 at 5. 6. - Croff 0112000 at 15. Dragon Con. 500 at West 3. 1. 10. WUllston B. OU 1500 at 24. CURB SALES Cardiff 456 at 35 1 Dragon Con. 1000 at 84. 3000 OU Lead A at Mag. East Standard 1000 at Madison Mines 500 at 32. 1000 at 33. Tlntlc Standard 100 at 65 West Toledo 3000 at 10. WUllston B.- OU 1500 at 22. 4.3. a Lilly 1000 at 3. Madison Mines 2000 at 31. MaJ. OU A Mng. 1000 at 3, 500 at Miners Gold 9000 at 2. Nev.-Ta- h OU A Mng. 2000 at 5.-Ne- w Park 500 at 78. New Quincy 1000 8 2QOO at 10. at 00 Toledo-85- I - Eastern Stocks North Sta nr ad 10000 at Park Prem. 500 at 3. Prosper OU A Mng. 4000 at 2. These quotations furnished SIL Shield 9000 at 4. Hogle A Company, SUver Std. 2000 at Salt Lake City, Utah. Sioux Mines 6000 at L AR American 8meltlng ' . Tlntlc Central 3000 at Anaconda Copper Tin tic Lead 100 at 4, 400 It Homestake Mining Tlntlc Std. 200 at 67. 300 International Nickel Ut. Wyo. Con. OU 1000 at 23; J200 at IN UD Phelps Dodge 22. 500 at 23. UTAP Utah Power A Light Ut. Id. Bug. Utah Con. 2000 Victor Con. West Toledo 2000 at 10. . 1. SJ.'A. at.. afsi WUllston B. OU 1500 at 21. 6500 500 at 22, 2000 20. . at at 21. $28 31 34 37 34 33 Unlisted Stocks These quotations furnished by MerrUl Lynch, Pearce, Fenner A Beane, 23 East CURB SALES Second South St., Balt Lake City, Utah. Bid Asked Bristol SU 5000 at 3. NaUdrlver 500 at 55. First Sec. Coro. Class A 821.50 . New Quincy 1757 at 10. Mountain Fuel 19.75 18.00 Plumbio 1500 at Utah Fire Clay , Prince Con. 2100 at 5. 23.00 Utah Oil Refining OU 2. 12.50 A Mng 5000 at Utah Southern OU Prosper Z. C. M. L Tlntlc Std 75 at 65. 700 at 66. 50.00 OU West Toledo 1500 at 10. , 8.25 Equity WUllston R, 011200 at 22. 5500 at 20. Justhelm Sale Western States Ref. .ASST BuUlon lc. Del. 3. sold asst. pd. on Utana Basin OU ASST. West Toledo lc, DeL Morgan OU sold asst. pd. on Ute Rotate' Sale DIV Rico Argentine 5c, Payable Ddc. English Oil .33 21st to Stockholders of record Dec. 7th. Ashley Valley DIV. Clayton SUver 2c, Payable Dfe6 Tllntah-Wy- o. 2131.1 of record Nov. 15th to stockholders U, 8. Uranium Corp. . 3. . . 11-2-- Cayias Brokerage Company A Stock Member of the Salt Lake Exchange SALT LAKE STOCK EXCHANGE BLDG. SUITE NO. 29-- 39 EXCHANGE PLACE Salt Lake. City, Utah Phone Orders Executed On All Exchanges Information On Utah 03 and Mining Companies Famished Free Upon Request UV6 .10 " .10V6 ' .07 02 3.92 . .10 2.40 .13 .11 .11 .09 .02 4.00 .10 , Mohawk Nabob Polaris vincing arguments from domestic Silver Mtn. 07 producers that a 50 per cent boost in tariff was a minimum requirement to protect the domestic lead-zin-c industry from dumping ' of cheap foreign metals on U. S. markets. Spokesmen for, the Ca: nadian metal mining industry also appeared to oppose any such tariff Unlisted Stocks increases, contending that the Bunker Hill 13.05: present situation in the U. S. in- Callahan 1.35 dustry was not due to tariff con- Homestake .........34.00 cessions bu rather to New ...28.00 .... created by uneconomic pro- Pend World 4.75 . . 4.45 Oreille duction fostered by the actions of 1.05 .94 . various governments by economic Sidney 00 .01 Whitewater assistance, stockpiling and similar BOARD SALES Registered acts of policy. The hearing was 500 at Independence 500 at concluded on November 6 and in; 4000 at 5000. at terested parties were given to NoA 1000 at 10, 1000 at 10, Metro vember 17 to file briefs of their 1000 at 10., arguments. The commission's reSunset Min. 2000 at to 31. be port is ready by March. Sunshine 100 at 7.10, 100 at 7.10 Meanwhile a new shadow apUnlisted. peared over the copper market as Bunker Hilt-1- 00 at 13.25, 100 a negotiations between the U. S. 13.20. and Chile regarding the possible INTERSESSION Registered purchase of Chile's copper surplus, Clayton-2- 00 at , 27. reportedly between 100,000 and Mines-49- 3 100 at at 1.25, Day 150,000 tons, by the U. S. for its 1.30. strategic stockpile were broken off Golconda 2000 at 18. when Chile found unacceptable Grandview 7100 at 22, 1000 at some U. S. conditions for the pur100 at 22, 5000 at 24. chase. If this amount of metal 24, 150 at 7.30. Heda were to be marketed through regFri. 200 at 2.25, 500 at Lucky' ular market channels in western 2.28. countriesw-an- d (Mean officials Met. M. & L 1000 at 11, 2000 have given assurance that it will at 12. not go elsewhere it would doubt-edlesslMetro A 1000 at 11. have a serious impact on Mineral 1000 su. Bowl y, price. Lead 1316c., N. Y. (f.a.s. Gulf Mt at 7, 1000 at 7. at 3.95, 500 at 3.90. 7,Polaris 100 at 500 ll-12- c) buying continues on a buying basis with numerous requests for immediate delivery indicating very low stocks in the hands of consumers. If this cautious buying persists, some domestic sellers say they will find it hard to meet any sudden upsurge in demands later on. Reasons cited are. these: stocks in the hands of smelters have been reduced; domestic mine production is off; foreign lead, principally Mexican, is finding mbre favorable markets in Europe; U. S. imports are falling . off considerably. Lead sales for thj week totaled Lead hand-to-mou- th Sunshine ; . at 7.33, 30 at 7.33. at 48, 1000 at 50, 4500 at 49. 100 Sun Con. 1000 1500 at 48 Unlisted Bunker Hill 35 at 13.30, 100 at 13.00, 35 13.50. at 13.50, 25 at 13.45, 25 at MARKETS The following aro from Information quotations obtained from various brokers. The securities are neither listed nor admitted for trading prtvllegoe any national seenrltiee ambitus. Stocks Bid Asked Zin?V Copper Domestic average 29.688c., refy. There has been little change in the copper market in the past week. Tbe domestic price rose slightly but this does not indicate a stronger market There has been no letup in the strike situation. ....I ......1.52 ....: SU Buckle SU Chieftain SU Crescent SU Ddlar A . SUDdlarB .188. 1 SUver Ridge SU Syndicate Thomas Cons Utica Vindicator Vulcan Vulcan Ex. .85 LOO .01 .13 .15 .02 .16 ...2.52 '2.65 ...- .20 V - .30 New Orebody Indicated Eiierka, Nev. i-- At ' NEV. Recent dia-EUREKA, mond drilling in the Adams Hill section of the Nevada property of Eureka Corp., has indicated a new orebody of excellent grade. The new ore lies a mile or more north of the Fad shaft workings and was located at a depth of about 900 ft, somewhat above the horizon where the Fad workings encountered ex-- , treme water problems. Eureka is controlled by Ventures Ltd., and associates. Although aU details are not yet available, preliminary "results in the new section suggests a gross grade of around $100 per ton in . lead, zinc, gold and sUver over thickness of 5 ft This grade is greater than that secured from the drilling conducted some years ago in the Fad shaft area. Drill-in-g is continuing in the Adams Hill sector and further details are anticipated. Officials are reported-qui- te pleased with Abe . tee, said that his group is considering holding hearings in Salt Lake City in November to investigate the uranium situation in Utah. 90 one pound. .05 Sen. Malone' of Nev.', chairman of the Senate Mineral subcommit- f-- 10c., E. St Louis (f.a.s Gulf 9c.) The U. S. market remained rather quiet with no apparent move away from the 10c price for Pjime Western zinc which has" been' in effect since September 'll. Many in the industry .look for increases in stocks fo more than 142,000 reported at the end of last month. The' spot zinc price on the London Metal exchange was 7516 bid at the pound from the preceding day. The previous day it was off .02 .05 .13 .09 .15 .12 ' .05 .04 .06 .02 ' .00 .00 .11 .0856 .01 .01 .05 .03 ' .02 02 .04 .02 .04 .02 .03 .04 1.65 J .64 .54 .00 .01 .01 .00 ' .10 .08 .02 'l.02 01 .01 ' .95 .85 1.00 , .08 ,14 .01 Utah Uranium London lead pric&j for the Wednesday morning sesfcon were 9516 . i 12-1- OVER-THE-COUNT- 4,460. for November delivery, and for forward sales. . s .............. Nancy Lee Nev. Stewart Ottawa .., Paramount Pilto SU. Plainview Reeves MacD Sheep Creek Signal 3,3. 3, a Lucky Fr. Ex. Mascot Mines Merger Met Pine Cr. Mineral King . ; 3. ((Indicates 2.25 s a Lookout Mtn. . .04, - . Toledo-4- 00 Hypotheek Idaho Md. -- 4. 6. 15. 4. 4, West -- lead-zin- 3, - , Golconda . 3. 2.3. , -- us over-sup-p- ly Cres. Eg. OU 1000 at Croff OU 1500. at 17. 500 at at 82. 100 at 83. Dragon 500 1000 at 5. East Utshr Eureka Lilly 3000 at Great Western 600 at 10. Horn Silver 100 at 5.Howell 1000 at 21. Leonora 8000 at-3- . Little May 3000 at 2; 182 at Madison Mines 2000 at 33. MaJ. OU A Mg. 1000 at Mammoth 100 at 55. Miners Gold 1000 at Mt. States Dev. 2000 at New Park 1600 at 80, 500 at 78. Park Konold 1000 at 2. Plumbic 3000 at 4. at 2. Prosper OU A Mng. 1500 SIL Shield 12000 at 4. . Tlntlc Central 1000 at Tlntlc Lead 100 at g. ' Tlntlc Std. 1000 at 65. Trans.-U- n. OU 1300 at CURB SALES Dragon 500 at 83, 500 at 84. East Standard 6500 at East Utah 1500 at Mag. Ld. A OU 900 at 4. Mono Kearsarge 1000 at OU Securities 500 at 45. Prosper OU A Mng. 3000 at 2. SiL Shield 2000 at 4. Yankee Con. 1000 at 2. e e e a e e non-ferro- i i Ugh Eurprise 1.35 .03 .18 1.25 02 16 23 7.10 .03 . .09 Vi ties were unchanged last week, ac- Grandview cording to E. & M. J. Metal and Heda Minerals Markets, as producers and consumers alike watched, de- Independence Jack, Waite velopments in the Washington Lucky Fri. c situation learings on the Met. H. & L. and the negotiations with Chile Metro B over dispostion of her surplus cop- Metro A per. Mineral Mt Officials of the U. S. tariff com- New Hilarity mission in1 Washington heard con- SALES Chief Con. 200 at 60. Com'wealth Lead 1000 . or major .ii -- Business was quiet on the doMines mestic metals market and prices Pay, Gladstone commodi- NOVEMBER 16, 1958 . Park Premier (Plumbic Mines 2 WUllston B. MONDAY, REGISTERED STOCKS Bid Asked Gold Syn .03 Butte High 28 25 ligh Aurora Clayton ..-0- 6. .04 Spokane Stock Exchange - CUES SALES Bullion 1000 at Cardiff 700 at 35. New Park 1000 at 78. Mng 2000 at 2. Prosper on A OU 2500 at 22. i. a)' 5. at 5, ah ......... i 6.3. 6, - .... a (Cardiff TUESDAY, NOV. 17, 1952 SALES Bonansa OU A Mng. 1000 at 4. Bristol SiL 7000at 4, 667 at 1000 at Bullion 200 at , 800 at 35. .Cardiff ' Chief Con. 100 at 60. 100 at 58. at 26, 200 at 25. Clayton 811.80001000 at 1. Colorado Cres. Eagle 0112000 at 500 Croff OU 2500 at 16, 2100 8L Dragon Con. 2100 at 80, 3700 at 700 at 82. East Std. 1000 at at East Utah-5- 00 1100 at 3. Eureka Lilly 2000 at Howell 1000 at 2L . i ind. Queen 5000 at 6. Metal Market Quiet - Prices ( H. E. HAVENOR & CO. 529 NEWHOUSE BUILDING, SALT LAKE CITY, UTAH Member Salt Lake Stock Exchange Information Furnished on Utah Companies Orders Executed on AU' Exchanges Telephone J. A. HOGLE & CO. Member Salt Lake-Spokane-Ne- w York Stock Exchanges WE SPECIALIZE IN MINING STOCKS Loans Made on Listed Mining Securities 132 Main St. 2380 Washington Blvd. SALT LAKE CITY OGDEN 523 West Sprague Ave., SPOKANE ,10 o j a |