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Show May 2$, 1171 OIL & MINING JOURNAL PAGE 7 000 Vocdd Gffloay Continued from Page 4 - Dear Mr. Blackburn: What does O.W. mean when it appears in the place of a stock quotation? V J.D. FINANCIAL LOANS FOR FOR SALE $ to $10,000,000 for business, any income property, commercial, industrial, new construction. Also $500,000 & up on first. $150,000 & up on seconds, land too. Write NEMO P.O. Box 2833 Huntridge Station Las Vegas, Nevada 89104. 50,000 INCORPORATE IN NEVADA, Do business anywhere. Resume upon request. No liability and for finance after guidance incorporating at no cost. L.O. Goodman, 304 Princeton St, Las Vegas, Nev. 89107 CONCENTRATING EQUIPMENT All new impact mill $1 595 up.' New t or concentrating tables-we- up. Before you dry-$19- 5 Tel: (916) Dorado Minerals 5205 Green V Alley Engineering. Rd., Placerville, Calif. 95667. Closed Saturdays. "invest"-investigat- 622-166- e. El 0. MAYHEW 1000 Core Rig. mounted on R190 International truck with 700 of new 2-3- 8 Drill Pipe, 358 GD Air compressor and 4x6 mud pump. Phone W.E. Chapman, (806) 495-346Box 97. Post, Texas 0, STOCK BROKERS and INVESTORS Interested in making money? Why not in saving money? Buy your new car, furniture, even food at wholesale prices. All brand names. reputable 16-year-o- ld No company. 359-30- 79. LEASE OPERATOR Open pit Scheelite, three miles from proposed mill. Write P.O. Box 11156, Salt Lake City, detailed information. LISTED BUY STOCK. LETTERED R, obligation. For Sale: 10,000 Shares Utah WANTED WILT. PLACER GOLD Recover 82 gold without with our leased crushing beneficiator. $330.00month. TUNG-COP.O. Box 5347 Oxnard, Calif. 93030 Large fund. Purchase and transfer 7 days. T C K Corp. P.O. Box 2833 Huntridge Station Las Vegas, Nev. 89104. PLACER All types and forms of previous metals concentrates. Also Bismuth & & & Nuclear Mining Stock. Send bids to "Larry" Rtl Box 239C, Vernal, Utah. Prosperous business located in Price, Utah. The only one of its kind. Repairing Mine ventilating curtains & vent tubing. Wife must sell due to death of owner-contac- Stanley. V. t Litizzetti, 178 So. Main, Helper, Gardner Denver, May hew, 1967 Model 1500 Drill Rig, 38 foot Mast WFJ 800 Compressor, Hydraulic Pulldown, Hydraulic A'r Clutches, Water Jacks, Injection, 1966 International, 200 Cummins. Shiprock Box Grand Limited, 428, Colorado. Junction, Telephone 242-050- FOR SALE 3" to 9" for Hard Rock, low pressure air drilling. Phone (303) 675-223Bi-C- o. 7, Rangely, Colo., Rental; Inc. FOR SALE or LEASE East-We- st Traders, P. O. Box 2244, Salt HELP WANTED TO SELL Lake City, Utah. 84110 SECURITIES Male or Female, Full ors Part Time, Must be of Fa sale or lease one onyx legal agevand available now and marble quary. Good excessible Call Mr. throughout the summer. roads. Make offer. 298-14Q- 4 or Schooling and Training provided Williams at 484-330- 1 or write Mr. J. B. to qualified people. Earnings Willaims 1445 West Russett Unlimited. Please call 225-031- 1 Orem, Utah, for appointment 9 Ave. Salt Lake City, Utah 841 19 AM. .to 5 P.M. Nearly $900 million advance royalty paid Alaska for privilege for of $12,00G core-drillin- g leasing oil land I $20,000 proven Uranium-Coppe- r yearly minimum advance royalty property. will lease 393 patented acres of Good Assays. Percentage of in property negotiable. Write mining property in Colorado's Lightning Mining Carp. P. O. Gilpin County, a gold & silver area, a. the Congo Chief Silver Box 5311, Las Vegas Nevada 89102 or PHONE John C. Mine in Caribou, Colorado Write Congo Chief Mining Co., " Maurice Box 309, Nederland, Colorado "Need 80466. Cable Tool Star71 Drilling rig on two-to- n Chev truck. Runs beautifully. Plenty bits, bailers tools. See it at John W. Moore's, Cisco, Utah, or contact E.J. Card, 420 S. 560 E. Orem, Utah (801) 225-23- 59. Do You Want Your Stock Transferred NOW? copper. A non-metall- ic wproduction units and a brand name nationally distributed product Write Nemo Co., P.O. Box 2833, Huntridge Station, Las Vegas, Nevada 89104. contact him. Years ago I bought some Modem Minerals and have lost track of it. Can you bring me up to date? Name withheld on request. Dear Sir: Recent quotations list Modem Minerals as 5c bid and 8c ask. Consideration is being given to a reverse split on the basis of one new share for each ten shares presently held. I believe this will be accomplished before the end of this month. You may be asked to turn in your old certificates for new. If you did not get a notice of the recent stockholders meeting, write the company at 1003 Deseret Building, Salt Lake City 84111. Dear Mr. Blackburn: It b difficult to get information on Penny Stocks except thru your column. I hate to bother you. Can you direct me to any other source? Wayne Shephered Manhattan Transfer Dear Mr. Shepherd: In the April Penny Stock Reporter there was interesting reports on Cardiodymrmcs, New Products, and Continental Dynamics (all three you have interest in). Why not write them for a trial subscription? Penny Stock Reporter, 608 N. Guadalupe, Redondo Beach, California. 359-551- 1 Transfer sgsnti for: CLASSIC EBONY WYCO Brokoro. Undorvzrhora. G Mining Companion Wo Undorstand Your floods Printing & Mailing facilities for v Shareholder Reports Prospectuses . Stock Certificates Buy, Sell Orders, Etc. ' GEIGERS' Scintillators, geophysical and geochemical instrumentation-sales- , rontals, GISCO Inc. 900 Broadway, Denver, Colo. 8020J. repairs. Tel: (303) 325 8914 Dear Sir: kind in your estate that has greatly increased in value over the years, you have a capital gains situation if the property is sold during life. That is, a tax must be paid on the gain over your cost basis. Under the present law, if this same property is held until death, your gain is cancelled because the property takes on a new basis equal to its then value, and there is no tax if sold by your heirs for the same amount as its new basis. In other words, it may be said, that death cancels capital gains up to the propertys then Yes. If you hold property of any Now here is the tax trap: Many married couples in their zeal to avoid probate, changed the community property nature of their property by placing it in joint tenancy. If this is done the Internal Revenue Service may permit an advanced basis only as to one-haon the death of the first spouse, which means that the surviving if the spouse must pay a capital gains tax on the other property is sold. If the property is held as community property, both halves will get an advanced basis and there is no capital gains tax if the survivor must sett at the new basis value. This is distinclty a disadvantage ofjoint tenancies. But thats not all.... If the property is depredably property and is held as community and the whole gets a new or advanced basis, then the present depredative schedules are wiped clean and the survivor will be permitted to depredate on new schedules on the new basis. Whata blessing to the survivor who must now file a of this separate ihcome tax return. Remember, only one-haadvantage if the property is held in joint tenancy. lf one-hal- f, Financial Statements ' Dear Mr. Blackburn: Is there an income tax disadvantage in joint tenancy? Name withheld on request. value. . lf PRINTING , & LITHO seeks merger with listed company. Five developed mines. Antimony, silver, rare earths, er Dear Mr. Blackburn: 870-3755.- CONGLOMERATE Over-the-Count- 0. TORC-HAMM- ERS for our listing. MINING Dear Sir: This designation will never appear in the quotation lists of the New York Stock Exchange. It applies to O.T.G stocks and is often found in the pink sheets which are the guides to market-maker- s in the securities business. The letters OW stand for Offer Wanted. A dealer in that particular issue is attempting to generate interest in the stock. He wants someone to call in and offer to buy the stock or offer to sell it at any price. As soon as the dealer gets the offer he will Ust it behind his name in the pink sheets so that interested parties can Utah For Sale or Lease. WANTED Cadmium. United Refining Purchaser, leasor or Smelting Co., a subsidiary of working agreement Au, Ag, Diversified Industries Inc., P. 0. U 308 and W Box 220, Franklin Park, III. Pd, Zi, Send Prospects. enquiry letter 60131. SALE-EQUIPM- ENT 9A70 SOUTH 2700 WEST - 487-07- 69 or 298-37- 03 THOUGHT FOR THE WEEK: It b not the easy life that makes us strong. TTS YOUR MONEY appeals weakly in the Rocky Mountaia Oil ft Mining Journal If you have a question, write: Richard Blackburn, La Vps SUN PT0. Box 4275, La Vugs, Nov. 81106 |