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Show 4 HIE UTAH STAlfcSiiAN, FEBRUARY 28, 1929. Real Estate Forms Small Part Of Wyoming Grants Large Estates, U.S. Actuary Reports Refunding Of Student Fares Estate Under $50,000 Sh ow Thirty-nin- e Per Cent Real Property While Those Into Millions Hare But One Per Cent. Reaching estates with an Kurly aggregate value la excess ef st- Uvu.UW.vOI paae annually by death w the United btatoa, U waa elated February If, by the Oovernment Actuary, Joseph B. Mccey according fo an article In the United Biatea Daily, Theae cautes, ae ahown by Citato tax returna filed with the Bureau of Internal Revenue, are looated in every cute in the union. Bora than halt of them, with an aggregate value of about U par cent of the tout, are reported each year from five atatea, Rr. y 400.000 Mc-co- aaid. Addreealng the annual truet conference of tne truet company American Bankere' Aaaocis-Uoin New York, Mr, McCoy declared that the value of eataua la reduced an average of IT per cent by varioue taxea and admlnletra-liv- e axpenaea before dietrlbutlon la div-laio- n, n, effected. Mr. McCoy called attention to the forma of the aetatee, atating that on the average about If per cent of their value la In real eatate. Thia proportion, however, according to Mr, McCoy, la greater aa the value of the eatate la lean, and declinea aa the value of the groaa eatate Increases. The average value of real eatate, he aald, included in eatatea of a total value below fSO.OUO la about SO per cant, whereaa In aeverul inatancea of eatatea having a gross value of 10,6(10,00 or more, the average real aetata held waa only 1 per cent of tbo total. i; Tha full text of hie addreae fol-lev- The great aourre of reliable Internal commercial and financial atatiatlca la the Bureau of Internal Revenue, Treasury Department. Tha numerous war taxea tha administration of which waa entrusted to title Bureau, have resulted- In addition to tho collection of hllUona of dollars In revenue, in tha collection of buslneee atatiatlca that art of incalculable value. Those so far tabulated and publiehed have but scratched the surface of those on flic. The former Include the distribution of Income aa to number, locality, and income cones, both ns to corporations and Individuals, together with business aa to number class, prosperity, inrome. and as to corporation Investment. Items of interest are contained in tha returns made under the Federal aetata tax laws Number and Detailt Of Returna Preeentmd Thia Information, ao far aa available, glvei tha number and details of returna filed annually on account of decedenta whoea death took place aubaaquant to (September I, 111, and prior to December II, HIT, a period of over 1 W A-- VRIUG OE C86B ?If? of 11818 10, oou or more; whan taking place after that date, tha value amounted to 100,000 nr more earh. Returns filed subsequent to December M, 1057, have not aa yet been tabulated or made public. These atatiatlca divided the returns Into those with no net eatate, and those with taxable net eatatea The taxeble returns are divided, by value. Into 20 sones. tha first or lowest Including net taxable estates of leea than 10,000. and tha highest with net taxable estates of 10.000.000 and over. Bines tha beginning of thia law to December It, HIT, aome 111. 000,00 returna have bean mads for total groaa eatatea valued at about I2l.k00.00f.000. on account of resident Uacedenta, and about t valued 11.000 Krone estates about 100,000,000 on aecount of exdecedenta. Due to deductions thia emptions and waa reduced to s total eatala gross net taxable estate valued at nearly $1. 20,000.000 for resident decedents and 200.000.000 fof returned The (otal tax waa ' about 110,000, 000 by resident dceedonts and 112,000,000 by Theae atatiatlca ahow that for resident decedents there were re about 10.104 turns averaging deatha a year. Involving an annual of 12,29,-000,00value average property F.-o1022 to 1121 tho annual number of returns did not vary materially. Tha year 1027. however. show a falling off In the number of return of over ,000 resident decedents Two factors entering Into the 102 Revenue Law caused this: First, tha Inert sea or 80.000 190 per cent In the specific exemption from thoof tax: tha tho extension second, and. time In which to file tha return and pay the tax. Although the number of returns filed during 1127 wa much below, the average value of the grow estate waa much above the average for tha entire period. The number of returns decreased about 10 per cant while th average grots eatate Increaaed fully II 1 per cent In value. This can only mean thnt prosperity waa reflstaed In tha fortunes nf theta dying. Figures Are Given on Amounts of Estates A study of the value of tha total estate that raally passes to the heira may be of Interest. The groat eatate of all resident decorieiUi returned during 117 waa Tha deductlona made to rover the coat of dying, and liquidation of Indebtedness, amounted to some 520,000.000. Funeral and administrative expenses amounted to nearly I1l0.l00.000. Out of a total tax returned of almost 101.000 004 J the federal government receive Inta than 141,000.000. together with of nearly 7 roof of the jievment 911.100.000 in death taxea to tha Btatoa. ate. Under prior law the credit for death taxes paid to the states, etc., was a maximum of 29 tax. per cant of tha groaa federalmaxithis hut tinder tha till act of 10 cent mum ta Increased to par aald tax. In addition there was ntar-l- v 211.444.044 spent In liquidating thia Indebtedness of these decadents. This show that th total ef resident decedenta fer whom returns were filed amounted ta appmxthaltle 14 per rent of th entire value returned, and th cost efdiinV.'whicli tociudes'jeath tax- amounted to nt (Continued Prom Page 1) the apportionment of fundi from aa. funeral and administration ax- - with a value of a little leu than the extra ena cent tax. The compenaea, to auout 7 per cent addt- of the value returned, mittee finally agreed, and the tlonal, or the value of the eatate came next, with about two houeee concurred' upon the to all ham collectively waa reduced Pennsylvania h of of the total number of following .bneie tf dietrlbutlon about IT per cent. valued returna. at leae than one- - the fund to the countlee; Aetiudy of the form In which the ninth of the entire eatate. Illlnola to cent according per Thirty wealta of thaae decadents waa held came third, with about one-- area, thirty per cant according to the time of their deata. la very eleventh of the total number, but taxable valuation, and rent to rural population. intonating. .Of aU of the returna the value of theae eatatea waa In 1,17, the average percent 'eeeded by the valuee returned by The proposal to hava tha cltlaa age of the total in the form of real California and aleo by Maaeachu-eatat- e participate in tha extra tax waa waa a trifle over II per cant. lHtte defeated In th Senate. The amaller the eatate, the greater For Saratoga Springs. The fact la that theae five atatea the proportion ao held. Where the In tha closing hours also tha legreepenaibie for a trlf.e over (r. islature one half of the total number of psassga of some 10 per cent waa In turna. and with conalderably over the Housecompleted bill proposing an approof (41,000 for use during per cent of the priation total value returned. Every elate tha ensuing two years In developIn the Union, In addition to the ment o tho Baratoga Hot Spring DletUct of Columbia and Hawaii, or Carbon county. Full approval waa aleo given the waa here represented. Park The tax is due and payable one House Bill Introduced by dewhich appropriates 12.000 county after the death of the year cedent. the for usa of tha University ef WyoIf for any reaaon eommlaaloner of Internal revenue ming board of trustees for railroad hard-chistup fare refunding of Wyoming bellevee that It would be a for the tax to be paid on due dent! who are obliged to spend date, ha can extend the time of more than (10 for round trip transnot to exeeed five yaara portation from their rome town to fayment beglna to run, In caae of Laramie and return. Old Ago Pension Bill, cxtenalon. aix montha after the anTha old ago pension bill intro cent due date, at per per num. The 1IJT returna ahow that duoed by Senator Gibson of Bwaet over TO per cent of the total re- 'Voter county pasted tho House turna were filed before due, while without u dissenting vote aa the the amount ao returned waa over legislature neared the end. 10 per cent of the total value. Only A last minute attempt of opponabout I per cent of the total re- ent of Wyoming ratification ef 1 more than turna were filed the Six States Colorado rivar comyaara after death. pact failed In the Houaa after It' Aa to the mortality among milhad met with success is th Seneatataa returaed was nearly 1 per record ahowa that ate. Falling to atcurt repeal or the lionaire!, rant 412 I 07 returna of net eatatea, or the ratification. Senator of bonds of all kinds About one-- 1 rnM- valued each in Natrona county, lntr saucedFroyd a Joint fourth of theae holding, were Unft- - of jlVoOU.OOO mad wera Memorial which would ask Con' ed Htates bonde: another the last five gress to delay the starting ef conwere State, municipal, county and during 1(27, to During were struction on the Boi.,der dam until returns 1121, years prior similar tax fre bonds and the re- made by 1.201 eatatee that were the four upper basin state had mainder included miaooUaneoua taxed on the basil of over a compaat which would bonds of all kinds. Eight per cent while 1.777 returna completed each, apportion their ahart of the value of grow eatatea of ware madt for groaa eatate, valued of water the of the Green and lew than 140,000 wa In tha foym of each In excess of 41.OUO.OUO. Of Colorado between them. rivers bonds. This percentage Increased course all of these latter decedents to mllllon-dollCaqipbell eatatea ware wera not mllllonarlea. aa tha debts county's proposal until reached with ever 17 per oent. This of some would reduce the value of hava a proposed road from Glllett waa reduced to about 10 per cent their aetata lelow the 11.000.000 to Midwest designated aa a part of for net estates of 10,000.000 and mark. However, it la evident that tha next stats highway syatera met with ever. approval both In th mllllonarlee die each year, Houa tha where it waa Introduced and The percentage of the total grow many some three per cent of In possibly tha Senata, estate held In the form of caah on the total number In the United Senata File. Lost hand or on deposit. In mortgage or States. A small sensation crept into the In notw, averaged over 11 per cent. In addition to resident decedenta. Senate Seventeen per cent of the value of during 1027, returns w.rt filed covduring the final days of the session when It became knewn estates not in excsss of 10,000 was ering the estates of 1,247 that Senate Fils 14, Introduced by In 'thia form. This percentage decedenta. with a grow value Senator Rohan of Gillette and steadily decreased until th hold- of about 27,000.000, with a net ings of net eatatea lu excess of loss of about I2i.7ll.60ll of their passed in both houeee bad disapbetween the or mors ware a trifle less eatatea located within tha United peared somewhere office. than I par cent. Stales. From the 711,000 in Senata and tha Governor's Insurance Forms About Three Fer tax went to the federal govern- An Investigation followed but failtha bill which was Dent. ment, together with proof of some- ed to unearth make it more difficult Insurance formed a little lew thing over 07,000 In death taxea designated t new for countlee to ba formed. A than t per cent of th total of all paid to tho states. estate, but naturally deeraa4 aa From tho foregoing wo have a copy of tho bill wee made, however, tha aetata Increased. Thow in ex record for 1127 of th returna of and after being signed waa sent to cew ef 10.000000 held lea than a 10.700 estates passing by death, tho governors office where it has since been signed. third of 1 per cent Insurance. with a grow value of about Cusnmlasloncr of Education. Th only other Item of ImporFuneral and adminTha Senate on th final day ef tance which went to make up tha istration expanse to amounted value of theae eatatea waa in the about Theae two the season killed House Bill 250 111.000,900, form of jointly owned property. All Items are separated in the returns which would place th state comproperty, whether real aetata, per- made to tha bureau, but not in missioner of education undar the sonal, bank accounts, ate., in which tho published r porta. An amount direction of the superintendent of at th time ef hla death tha exactly equal to this waa publio Instruction Instead ef under .7T almost left in charitable, publio and sim- control of the atat board of educaintaralthar Joint tenant or as a tenant by tha ilar bequests, that wera exempt tion Of particular Interest to both entirety, must ka returned under from taxation. In addition to all this heading. In fact, tho burden th foregoing thee return con- newspaper editor and lawyers was is upon the executor to prove that tain tho distribution by sex. age. bill paaaad lata in tha session marital relation and vocation, by which provides that when affadav-It- s anything Ices than th value of tho Inentire property to held can be zones, for resident decedents. ef legal publication ara filed cluded In tha eatate of the deceAddllonal to the eatatea above with the clerk ef tha court the dent. about iz It that clerk be paid tha cost of publicaprobable analyzed Thia Item does not Include prop- 1.000 persona with grow eatatea tion and that this sum b at once erty In which the decedent held an between 10.000 aad 100,004 died remitted to the newspaper In which internet must be Included tinder Its during tha year 1027. This would the legal publication was mad. appropriate form of property, aa mean that eatatea valued at a trialao must be any Internet In a fle leas than pass MEADE AGREES WITH partnership. About 714 per cent of annually, at tha present time, by BLOCKING COLUMBIA BILL total holdings of all the grots ea- - death within the United States that WASHINGTON Reclamation ware could be administered with profit tatea returned during 107 ex under this heading. Nat estates both to the heirs and to tho trust Commissioner Meade todayLeath-erwovalued at less than 10,000 held organisations of the country by tbe pressed to Representative resentment that th army a'lout I per cent of their total In Utter. under authorisation To these must be added some engineer thia form of property, while those last annualsession to study stream individuaU 1 over 114.000 held given valued at 10,000,000 ai)d dying over II per cent. The above ac- ly, with amaller eatatea that are lubjvrt to flood, ar entering on counts for over I per cant of the also sdmlnleterad. valued at over tho study and survey of reclama1.640,000.000. This means that tion possibilities, especially on the total value of tbe eatatea Tba distribution of tho return a grand total of soma 400.000 ca- Columbia river, Washington, and states foil ttles with a total value of about declared that auch studies by the for ratal tak, by army engineers would bo an enroughly their order of rank In pop- IS.l 10.009,000 arc now pawing Or tha total number ef annually, by death, and being ad- croachment upon hla prerogative ulation. United within tha and a wane of government (unde. returna filed during 1027, about ministered He entirely agreed with Repreh were from New Tork, Statessentative Leatherweod, who recently blocked a bill authorising new surreys by the interior department of tha Columbia basin ndi-tedne- 0. Published every Friday In Silt Lake City 81.00 a year. 111 Atlaa Block. The Material and the Editor one-tent- Gail Martin, for nlna yaara mining editor ef th Salt Lake Tribune la editor of th Wootorn Mineral Survey. Mr. Msrtm'i long sojourn with Tho Tribuns which ho datorminad voluntarily last fall, to com to th Western Mineral Survey netted him experience which i not enjoyed by any other mining editor in tho atat a Utah. Mr. Martin's prestige In mining newspaper circles can ba attest-- d by the fact that ha Is Utah correspondent for the Nevada Mining Press tha Mining Joumad. and tha Enginoaring and Mining Journal, dptclal articles written by Mr. Martin hav appeared In th Literary Digest, tha Compressed Air Magaalna, th Mining Contra Journal and other publications In th March laaua of tho Survey will b found: 1. Exclusive etory of tht building ef the great English channel tunnel, a Project that hi stimulated th Iraagiii- for atlon of atatasnitn and engineers more than a century. g-1st concernleal Information I. ing dividends paid by Utah mining industry and outlook for year. I. Effect ef copper's rif to II cants on th industry. 4. All tho nawa concerning ment projects carried on by Utah oil GAIL MARTIN companies in Utah and other alates I. Latest Information on Idaho oil activity. 0. Chief Cun. latret strike. 7, Current development at 7'ark City and Tlnlic. 1. What's going at th old Moscow silver mine at Milford. in I. Interesting editorials peersonal notes and data on at de "u ' 1- -J ! one-four- spee-flcall- ar nt - ona-elxt- Uintah Basin Stockmen Tell project, because such surveys ar already In contemplation under an Dire Need For Regulated Grazing appropriation of army engineers. 0. 12,141,-460.00- WESTERN ..MINERAL SURVEY one-four- th non-reside- 1-- Read Your Utah Mining News in the (From Vernal Express) In answer to endorsements wired to our representative! and senators at Washington on tho Colton public domain bill, th following answer waa received, "Night letter received, hearings are being held cn Colton gracing bill this week. 1 am doing all 1 can to sscur its COD-TOearly enactment. DON U. D. C." vide Thia bill will pro- a relief to Uintah county's be- fast diminishing grazing area, ing literally grubbed to the earth from unregulated grazing by tran-lestockmen who disregard all ethics of tha public domain or the future welfare of our rich graslng Undo A local sheepman, it was reported, leased a considerable area of ehela lend for hie winter range in the vlclplly at Whit River. When he waa ready to use the forage he drove hla herds to tho land only to find It occupied by herd belonging to the roving nomad, who refused to make way for the rightful owner of tha range. Being without recourse, the pioneer and local stockman forfeited the ihorey paid for th graslng on th land and was forced to go elsewhere and teek feed. Choice areas have bean surrounded by tha roving herda and grised off aa far aa It waa powlbla, even to bordering a tresspass on sheepman's property. Speaking of this condition and tha acriousncea of It tha following atatementa bqv beta given by our prominent stockmen:4 "Within tha past years I hava not seen th rang In such a depleted condition ae It Is today, Thera are sheep being fed hay and corn because of tha shortage of winter range. Bom of our best winter range Is being summered by eheepmrn who arc coming Into our rouniry and who have n Interest, property or residence here. If this condition continues a good many of tho sheepmen of our roun ty will be forced to go out of bus!- nt ners or go to other ranges.'' John Bennion ''Unless something la don this year to regulate graslng on our winter range there will b no for axe remaining for our local herds. The range le being simply grubbed down to th ground by ovcrgraslng. This la attributed to over slocking of th range, with no regulation or any thought ef conserving for future use. This Is not only a matter ef concern to tho sheepmen hut to the entire basin." Ernest Eaton. There will be no grazing land left in the county unleia there la something done to regulate our public domain. Thera are so many traneienta coming In who own no real estate and pay no taxes only on their nhftp that local and more enterprising sheepmen are - going to be put out of business.- Our local range men have taken the earnings from tbrlr flocks and pur' chaaed grazing binds for their pro' lection, besides having to pay heavy taxea on tha land, and now they arc being grazed off by trim slant hards." Wilson Murray. "Within tha last two yaara more than 0 par. cent of our' winter range haa been mad useless by over grazing by transient hard. Unless something la' done lnth way of Immediate relief tha aheap Industry In Uintah county will be demoralised, making a reduction of our flocks necessary. Tha lose caused by this condition la comparatively small to tha individual stockman aa compared to tha loss suffered by tha county when herda will have to he removed to other graslng areas." HallerX Wltbeck. Binra 1104, whan started In tha sheep business, there haa not been a mar serious matter than the rang problem at th present lime. Tha stockmen of this county Indushave built up a try. plnneerrd towns and eettlc-mrnlmads possible good schools, To roads and attractive reatdi-nces- . hava tha rang which they have protected fer almeit a Ufa time pro-paro- us s, 4I,0 for tho CITY PARK IMPROVEMENT SUBJECT FOR DISCUSSION. Contemplated Improvements cf Lindsey's gardens, which recently waa made a city park, will b discussed Wednesday nlgnt nt a meeting of the North Bencn Improvement league. Th meeting was called by Albert Merrill, . league chairman. It will b held at the home of 'Valter C. Hurd. 777 Seventh avenue. Determined to make a thorough campaign of tho Argyllshire district of Bcotland In hla race fur parliament, Basil Murray, Liberal candidal will use a seaplane In order to speedily reach any of tlio 40 Islands. "A cat may look at a king. It la aald. but my client was arrested as a suspected person while easing at tha Frenrh president." declared tha counsel for th defense In an espionage case at Old Ballsy, London, recently. tr Germans arc building two (eel ships that will ba long, 21 feet more than the longest ship now afloat, tha British liner Maejstlc. Women of tha exclusive West End of london have become ad enthusiastic ever poker that many luxurious clubs ar bring opened where play goes on from cerly afternoon until five and six o'clock In th morning. pas-seng- lit taken away by outsider, who hav no Interest whatever in th growth or permanoncy of our country, it not In the realms of Justice." J. It. Reader, "For 10 years X have hern engaged In tha sheep business In Uintah county, 1 hava seen the herda Increase until at tba present time our lends ran there ar more thah fer. ' If the present oupply fd condition la not remedied we will be killing (lie hen that lavs th aohtan egg by ueing our lands In auch a wasteful manner, and feeding off to the very root our gras-- 1 ijif land." H. L. Green. I More Than Million Acres Of Government Lend Filed on in Gem State. TOCATELLO, Idaho, Fab. JO. Eastern Idaho, it le evident, will experience a real oil play" during ih coming months Snow and culd weather I breaking, which will permit unhampered of at least five wells nowoperation etaritd, and perlupe three more which will ba etarted In th early aprlpg. A aurvty of th field now tha following facta as to drilling operation: Tha Standard Oil Co., of California, 000 feet teat, near Rlri in tha Idaho Falls district, la down below t.000 feet; no official information is given out, how. ever, the scouts report favorable oil and gaa showings. Well du for completion this summer. Th rrig la surrounded by snow sever-- I deep at th Tha 0rn1 Teton present. OH Company, drilling on location 40 miles northwest f Idaho Falla recently spud, ded in and ta reported to ba making rapid progress despite the cold weather. This well extremely Is near old well drilled two year t- - where a shallow oil sand Is eld to have been gone through also where an enormuua gat flow wa struck, Tha gaa aflr and burned down tbe caught first rig. st Tha operation in Gray Lake district about 40 mile east ef Blackfoot, la shut down waiting for weather to dear M reported down below SPi 000 feet. die-clo- mining. represented In Eastern Idaho, whore It la claimed that more than 20 ol anticline hava bean located by geologist. Change In Mining Law Is Advocated By National Body WASHINGTON, D. C. Pending tabulation tt permit polenta to 110 acre tracts of land containing minerals at depth without showing a mineral discovery os required by tho present law, but requiring compliance with other provisions of the mining laws has been endorsed by the American Mining Congress. Representative Lewis Douglas of Arizona. Is tha author of tho leglalation which has psand tha Houm and la pending before th Senate Publio Lands Committee. In endoning the hill at a hearing before the committee on behalf of th American Mining Congress, M. W. Kreigh. chief of Ha mineral land division, said tha legUlatlon would revive and stimulate prospecting and remove the handicaps which hava been created by th homootead law undor which prospectors have been from larga areas. Mr. Kriexh aald: The present taw requires actual discovery of minerals in place In order to provo a patent for s lode claim. Thlo law waa aura riant ao long as discoveries ware made of outcrops on the surface. Jt na i I dls-cov- ! Transaction! and latest Stock and Mining Exchangs II. Metal market news 10. Review Current Mining Given Survey Weekly Radio Feature Mid-We- lit Unwaterlng of th Beaver drawn property In the Star district Mar Milford has bean acaompUshad. Th new alactrio pump. Installed before tha holiday, handled 2(0 gallons a minute. Fifty gal-Ioa minute la all th watar that i flowing into tha mine, accord-.ing to tha report to Salt Leka hsadauwter, by Superintendent F. C. Mitchell, who gives tha following description of present conditions at tho mlno. "Within th last thirty days, a vln waa opened up an ;Sur.l2i 'ha 400 foot level lying batwaaa a quartan foot wail and a porphyry hanging wait At tha point of ry th ora was eighteen ineb- -, thick and carried values of 021.00 to (40.00 per ton. This vein hao been followed on Salt Lake horidevelopment zontally a distance of about eighty feet and the or la tho faca Is bow four feet wldo. "Th oxtant of th or below and above and straight ahead, haa not yet beep determined. At a point about rixty.flv foot bolow this discovery, it la estimated that hi vein will Join with what il railed tha Wins vein a vein which hao been explored os tho 400 foot leva! a distance of about Xrat along tho atrlka and on which a wins twenty feet deep has been sunk, which opened up a vein of or four foot wide and twenty-flv- a feat long. "In tbo bottom of tho wins a solid piece of oxidised ore, weighing approximately 1000 pounds, was taken out. This sample nor-ri104 ounces of Oliver, 41 per drain tunnel waa driven from Kent-le- y, th present town founded by cent lead, and 14.00 in gold. A the Park-Uta- h enterprise, and tha aample of tho oulphlda or lying Park-Uta- h immediately beneath tha plaoa of strongly mineralised flsaun wai cut, no ozplomlon wu pro referred to, entered 114 ouncei Perk-Uten ; done, eltbourh the rich ,JLvri P? cent lead, depoelt ley'leee then a ha!C mile I a?0 On tha (00 foot level, zbi Incheast In tha daaplsed territory that es of lead silver ore has bean cut. today has coma' into Ha own and to now pointed to aa tha next big Shipments will btzin just os soon aa tha roads ara in condition for camp In Utah. hauling. Tha wont winter In forty Park Utah Lesda Way. yeara baa bean esporianced In this It also noteworthy that it wa action and drifts of snow from six Georg Lambourno and associates to tight feat deep hava blockaded ha road between tha mine and 9,t3r tl,B railroad, four miles distant." tha mine, Park Utah beyond tho limits that .. , were supposed to mark tba pro- -: SiStiSd ductlva area in Park CUy. By tha M organisation of a company fully uL "A"4. snS? w.Wlth d2E proxram of C5r.7.1onm.nrP inter-mounta- ;t Cm Well Active. The Gem State Petroleum company of Pocstalio, which has been drilling on tha Arbon Valley structure of Power county for over four years, U drilling now deapit tho fact that enow la over eight feet deep In that vicinity. Coal, food and other supplies for the camp, hava been carried about eight miles ef tho distance on alads This company claims to hava drilled through over 700 feet of oil a hale, showing both oil and gas The Norton Gag A Oil Company of Pocatello, drilling a deep teat on the Manh valley structure of Bannock county la lowering earing In their well which la reported to ho down below 110 feat. A number of gas and oil showings are reported. Th first gaa which was reported at about 1100 feet la claimed to hav Been struck at abost feet also more showing of oil. Water wells In th locality of this teat have shown gaa for th last 4 yaara. Much Work Planned. Under the name of tha Downey land and Petroleum Company a syndicate ef oil man from Callfor nls ara aald to hava secured block of 100 acres situated In the lower part of th Marsh valley tructurs The water wells west of Downey have ahown gae for yean according to the farmers living In that section. Records In th land office at Blackfoot ahow that mors than a million acres of government lend was filed on bjr mineral permits during last year, gome of this land has bean taken over by the big oil companies for future development. Nearly all of the big. national operating oil firms are Company Conducting 400 Level on Operations Star District Mine. Eventi Presented in Summary ed (Every Sunday noon tha Western Mineral Survey broadcasts over KSL a review of mining and oil developments In tba intermountaln country. Tho following la a sample of tha service afforded followers of mining news) Park City has held tha canter of the stag during tha weak Just dos- ed. A number of highly significant factors have entered Into this condition. Acquisition of a large acreage by tba Park Premier Mining company and tha announcement that tha Lamboum lntereet had organised a (1.(00,000 corporation for th purpose of developing Mines comtho Park Clty-Utpany group guarantee nativity of a aoops and Intensity that will ah wIS make tha Summit and Wasatch county area on of tha busiest camps In tha west. bourne Intonate hav further slg-- ! vmktan Exploration will not ba characterized by a rush of fortune Makers nifled their unbounded faith in mineral lined Vforth( Horn 6llvrbyath to tha Park City area, and a short sources of period ef Intense excitement folSmKrroriw,10Mll-speed- y and thf ver lowed CeaHtlon,P?nM by dlelllualonment ,ord "nee should provide soma abandonment of the coun- - c 0m pany ahed furthA r??. r,i sss'HSw1 r5 mum of money raised for promo tlon purposes will bo spent in tha ground. There will be little publicity. No matter what result re- - all been financed for long crease of its milling capacity to ITT 11000 Coalition tt mtaed SSf Tt la interesting to know that tha tons less although mada aa in year during I.lherty group to he developed from 14. operating revenue of tho Park City Utah Mines com- (200,000 more than forI5.lll.lll. 1027. Aftes pany. headed by Georg W. Lam-bou- operating exptneea, taxea xnd deas praaidant and general preciation and the payment of In dividends about 110,-01- 0 manager le to explore from great remained for th surplus acdepth claims that war among tha first to ba mined In the early days count. Genera! Mtnerer M. of Fork City. Soma ora waa derivdean ef Park City operaed from aurfaco exploration but tor, who started but ae a miner subsequent excitement canted by and haa advanced himself to a the discovery of th Daly, tha Daly position of recognised authority In West and th mln-- s making up tha tha mining operation gam, reports Silver King Coalition distracted at- that splendid progress has bean tention from tha nit aids fo the mada in putting tha famous old west aide of th district. mlno In shape for yaara of profitSo pronounced waa tha prejudice able production. In coat Park Framlcr'a development proalda when th that against th early 00a tha Ontario No. 8 gram for the East Park City district took another step forward But mine are no longer discover- when control of tbe Konold group ed In this manner. They ar now waa acquired during tha weak. This located and discovered at unheard property of about 100 acres lias, one of depths In locations whore th and a half miles southeast of eztattnc of the mineral could b Keatley. A shaft haa been sunk to 400 exported only as th reeult tf unfeet. It is underdepth of derground exploration which dls- - a ood that othor Important decisions closed geological Indications, that have been arrived births Inter- ra national Smelting atcompany con- Gil1!4 t? '5! bstn?,a!v-ionsI ranting tha development of It S iLSwa pTlt Premier and that shortly rink- ,n if mlniri ,Bra shaft, which will make discovery as deflnad by ar exnsnd'ture present Uw Impossible, and yot no UnnroKramnvoivtnx million dollars, will be prospector or operator would b j11' Justified in raising the fund and , h p.rV pl. . Incurring th expense necessary to J has eclipsed lntereet In other j open up a body of ora at great ramp ta not th only arts to be depth oelow tn surface, weurd th aeon of Intensive activity. under legal prtvisions which Inaura to him tha ownership of Mineralised district around Milattract ford share their of tho wilt do or that body when finally limelight during tho coming sum- velnped." Mr. Kreigh stated that mam- - ' mer. At the Friara Silver Lead bera of tha American Mining Con - property, with L. F. Block aa of praaidant and msnagar, operations groaa hav urged leglalation this character for several years, ara being carried on that promise and that It has received ao ob- - to reveal considerable Information on thia remarkably mineralised Jectlons to th MU. !y ,le,i fnr&,Pr&rad. rn ! S ... SvolJv 4b rT comln ojwwsrass. fT&Srss.'tsASi ESiJWsa.'iafBss Alpha shaft started xpforalloh of thi 6!d Diamond and Excelsior mines at Euraka, Nevada, la to ba resumed by Georg F. Stott 'and aisocietee Immediately on the relinquishment of tHo lease by the United States Smelting Company. This, goneratione ago. had a production of ton or eleven millions' of dolalra from a' eerie of great cavs-ilk- a slopes. By following promising leads. It to thought that thea mines can ha raatorsd to . ral production-- What minting means to Utah tha way of prosperous communities la Illustrated by tha Utah Copper company's announcement that it wilt build II more bungalows at a coat of about 1100,000 at Copperton, tha model community at tha mouth of Biogham Canyon. Dissatisfied with th living conditions afforded for employes at Bingham, th Utah Copper several yean ago started to build thi community of handsome brick homes. M a t at furnishings throughout ara mad of copper, the eternal metal that never rusts nor corordea. Last year, (7 more cottages wera built making 10 In all. Shruba and lawn hava boon planted, a park started, a ball park provided and other recreational features that ara making of thia formerly waste place an abode of beauty and comfort. In Gaudin Appointed Prof. A. M. Gaudln, at present a member of the faculty of tn University of Utah has bean appointed research professor of ora dressing at tha Montana State School of Mine, effective July 1, 1111. Thia la tha first research professorship to be enlisted at th institution. J EoRUtt: Western Mineral Survey Combination Offer: THE WESTERN MINERAL SURVEY carries all of the Utah Mining Newt, written in an interesting and authoritative manner Sample cop'es free upon request. Western Mineral Survey for One Year and World Almanac for 1929 1-- Utah Statesman for year and Worjd Almanac for 1929 All three for $1.75 111 ATLAS BLOCK. SALT LAKE CITY; UTAH $125 y |