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Show April 21, 1969 Page 7 OIL & MINING JOURNAL Park City Mines elects president. Anaconda and ASARCO hold about 30 per cent of the outstanding shares of United Park City. Other changes: Harold J. Steele, executive vice president of First Security Bank of Utah N.A. was elected a diriMtur. S.N. Cornwall, Salt Lake City mining attorney and a former director, was renamed a dir- uary 1965, who has resigned his posts to return to his practice as consulting engineer with headquarters in Salt Lake City. Also resigning is James Ivers Sr., a director of the company ector. . dren suggests that their parents embarked on the sea MacDonald, Silver King Coalition Mines Co. in 1916 and served as president and general manager of Silver King Coalition prior to its merger with Park Utah Consolidated Mines Co. in 1953 to create United Park City Mines Co. The company further announced that K.D. Loughrldge, general manager of the Western Smelting Department of American Smelting and Refining Co. and a director of United Park of matrimony his brokers account, 500.000 shares of stock that I definitely know of. Lake said he thinks the broker shorted the market and sold several hundred thousand shares besides that. tion to show how clean his lily white hands weren't. He claimed he didnt know the company was defunct. This, of course, was a lie. Id told icky and ran to the SEC. ..screamthe salesman everything about he was that all ing canceling the company. trades and wanted an investiga demand for electric power. The Economics Committee of ' coal mining. Sealed bids must be received by May 1 at 2 p.m. when they will be opened in Room 8103 of the Salt L ake City Federal Building, according to Robert D. Nielson, BLM state director for Utah. The offered lands are approximately four miles west of Wattis, Carbon County, in section 17 of lets The way the government does if the federal boys things Income tax rethe simplify turn just one more time, nobody will understand it! Its true the moon doesnt look very attractive close up, but its the only satellite we have. Frustration is thinking about the trillions of miles in outer space while looking for a place to park. Its The best TV acting youll ever see is a $2,000-a-weannouncer telling you how to save 10 cents on a box of ek soap! When a man no longer com- plains about his brides cooking, it means shes learned better or he has. bigger boom than gold or oil is likely to occur when a prospector discovers a A lode of tourists. the National Coal Association has forecast consumption of U.S. bituminous coal at a record 644 million tons in 1973, nearly 13 per cent above the projected 1969 consumption, the report stated. While prophets of gloom are telling us that the values that made America great are on the decline, the sun breaks through with a report that peanut butter consumption is higher than ever. ever et back to normal, our kids will just have to make the best of it. If things Everyone seems to be moonlighting. Retired Army officers are supplementing their $7,000 a year with $30,000-a-ye- ar defense plant jobs. Bids due on coal leases Bids have been called for by the U.S. Bureau of L and Management to determine lease of 240 acres in Carbon County, Utah for Now see you disobey THAT! a tough decision for the young husband down the block if he doesnt shave off his beard hell lose his job, and if he does hes afraid they wont honor his student pass at the movies. This broker stood to lose many thousands of dollars when the stock doubled in price, said The broker became panLake. bon County, Utah, and a sales office in Salt Lake City, reported that the future of the industry is keyed to the increasing all you please. a The father of a college student wonders why these campus protestors dont ever raid the treasurers office. Sees bright coal future The best years are still ahead for coal, states the North American Coal Corp. in its annual report. The firms, which has mining properties at Castle Gate, Car without paddle. SEC lifts Crestline ban (From Page 1) after a hard day All with her right, kids, do anything at Teacher The behavior of some chil- Other directors are J.E.A. mining engineer for American Smelting and Refining; Howard L. Edwards, assistant general counsel for The Anaconda Co., and James E. Hogle, general partner of Goodbody and Co. and prominent mining executive. Mr. Wilson has been a member of the board of United Park City Mines since 1967 when he returned to Utah from Washington, He served in Washington D.C, for eight years as chairman of the Lead and Zinc Producers Committee. or its predecessors for 53 years. He was elected a director of Clark L. Wilson Named Mine President Sourdough City Mines, was elected a vice Clark L. Wilson, Salt Lake City, has been elected president and general manager of United Park City Mines Co., it has been announced by the firm. Mr. Wilson is also resident manager for The Anaconda Co. He succeeds James Ivers Jr. president and director since Jan- Township 15 South, Range 8 East. In addition to the amount of his bid, the successful high bidder will pay costs of publishing the official notice of the lease offer, the usual rental for use of the land, and royalties on coal mined. Desparation is a man so fat that he shaves before weighing himself. A friend says a statistical rundown shows that a man in his bracket finances the government for one second with his Income taxes. He wonders if he couldnt just keep the dough and let the government knock off for a second. Being able to spell is a lot like being able to cook, both are good for the ego, but its getting harder to find anybody who appreciates it. Utah coal off to Orient More than 80,000 tons of coal will be hauled from a Utah mine to the Pacific Coast for shipment to the Far East during the next few weeks, the Denver & Rio Grande Western Railroad has announced. The Rio Grande and the Union Pacific railroads have joined to provide new unit train movement of the coal from Kaiser Steel Corp.s Sunnyside Mine in Carbon County, Utah, to San dro, Calif. Pe- Kaiser has said that the first shipment of 46,000 tons to Japan will be the largest single -- vessel shipment of coal from a western United States port. The Rio Grande said the move is a concerted effort by the railroads and Kaiser to develop a long-ter- m Far East market for westrn coal. J he announcement said such , The trains will operate over Rio Grande track from Sunnyside to Provo, Utah, then via Union Pacific to San Pedro. Each railroad will provide cars and Union Pacific will furnish power Two complete trains will be turnused, each on a four-da- y cat exploration well about 12 miles south of here. Previous drilling by the com BARRACO -- & COMPANY East Broadway Salt Lake City, Utah 841 123 Tel. (801) 521-33- TWX 20 1 1 910-925-58- 32 around schedule. ber formation, Mr. Quigley said. A drilling rig presently is being moved into the site located The well will be deepened to at Section 9, Township 6 South, 9,250 feet. 250 feet into the We Range 22 East. pany penetrated to 6,194 feet, according to W. Don Quigley, consulting geologist. (1) Tri State Inc. (2) Bjg Indian Uranium units. Toledo to deepen wildcat VERNAL, Utah Toledo Mining Co. has completed plans for deepening Napoleon No. 2, a wild- We Specialize in over the countert Intermountain area, MINING STOCKS. We have information on the following stocks: a market is expected to bring new jobs and economic growth to Carbon County. CLAIMS ' EXCHANGE Sell, lease or option properties to individuals or major companies. Contact: K. D. MINERALS COMPANY P. O. Box 11211 Salt Lake City, Utah 84111 Subscribe to our monthly publication of listings at $5.00 a year. Send us yours to be published at no charge . |