OCR Text |
Show February 15. 1955 The Western Mineral Survey, Salt Lake City. Utah MINING SMIGHTS ClrenUtlon Drpt K. 1st Boath Entered m second due matter at Salt Lake City, Utah, nnder Act of March 3, 1879. Subscription rates: 85.00 for two yean; for one year. Please mention Western Mineral Surrey when wrltiny to adrertlsers. Adver-tisin- r rates on application. $3.00 L, M. The Formosa or situation, whatever it was that stimulated London metals market, failed Publisher the to more than ripple the surface ESI tec DIANNE THOMAS . 1. QUINLAN FRANCIS JENKINS Feature Editor of the Spokane Stock Exchange. Adr. Manager Bunker Hill and Pend Oreille Contrlbntlng Editor HILL showed about the only response and that was slight. No large copper producers are traded on the local exchange, but copper is an important byproduct of the silver production by Sunshine, Polaris, Vulcan Silver, Silver Syndicate, Silver Dollar, and indirectly, Bunker Hill. All the news of the development of the Intermountain Section, published by The Western Mineral Surrey. In the Western AU news appearing Mineral Surrey la obtained from sources bellered to be reliable bnt no responsibility Is assumed for accuracy of Top priority will be given legislation aimed at helping lead and zinc producers. That was the encouraging word from the nations capitol. The promise came from Senator Murray chairman of both the senate interior committee and its mining subcommittee. Stockpiling wont reopen the smaller zinc-lea- d mines, he said. He said the time has come for the mining industry to propose legislation which would help the higher-cos- t mines without penalizing the consumers and running counter to the Administrations policy on tariffs and import quotas. "In past sessions of congress, Murray has introduced bills to subsidize small mining operations. there If anyone questions that zinc-leathe in is a depression mining industry, let him look at 1954 production figures for the great producing state of Idaho. Its zinc production was the smallest in 15 years; its lead output down 9 per cent from 1953. Natural Gas may bring about lower oosts for the industry in Santa Fe Has SEC OK. For 7 States Stock of Santa Fe Uranium Company, cleared with the SEC and underwritten by Coombs & Company has now also cleared the Alberta, (Canada) Securities Commission, for sale in that Canadian Province. (D-Mont- .), Officials of Santa Fe now believe their company will have the best distribution of any company underwritten in Salt Lake City. Santa Fe has recently been cleared for sale New Mexico, Colorado, Utah, Missouri, Nevada and Washington, D. C. Sale of Santa Fes initial issue was recently completed. In d Trading on the local is expected to get started in two weeks, officials announced. over-the-count- in Edition Spokesman Review will have charts covering range of Ilighland-Supris- e has applied mining share prices for the past for a 50 per cent government several years . . . loan on a proposed $139,552 lead-zin- c Bunker Hill declared a regular exploration project at its recently acquired Deer Trail and quarterly dividend of 25c a share, F.D.R. properties in Custer March 1 to stock of recthe Spokane area. Pacific North- county, Idaho. Officials are con- paable ord February 7. The disbursement west Pipeline Corporation an- fident the loan will be approved. will total $327,000 and bring total nounced plans to pipe natural gas Sunday, Jan. 30th Progress dividends to nearly $76,000,000. from Canada to the Coeur dAlene and Metaline mining districts and to Trail, B. C., home of the Cominco metallurgical LIFE plants. This offering is made at $30.00 per share. (Note: Minimum Block, $300.00.) Offering circulars may be obtained by filling out the American Smelting & Refining declared a regular quarterly divcoupon below or by contacting the following underwriters: idend of 50c a share, payable FRED J. BACON, JR., Salt Lake City, Utah February 28 to shareholders on the books as of February 4. LEONARD M. OLSON, Salt Lake City, Utah lead-zin- SURVEY Church St Fh. 44(4. Ilarry B. Miller er, INS. STOCK OFFERING Vindicator Buckles east Mullan of in the Project Coeur dAlenes was estimated 180 feet from its main objective getting underneath the adit levels best mineral showing at a depth of 750 feet. Drifting now is under way on a fissure vein cut at the 210-fopoint in crosscut northerly on a 280-folevel. The vein the new 750-focontained some sulphides. Silver TODAY! WESTERN SECURITIES 343 So. Stale in Salt Lake City 203 Howell Building iu Ogden Pkoae 21 PRone 08 ISSUER Sylvan Life Insurance Company 410 UTAH SAVINGS & TRUST BLDG.. Salt Lake City, Utah ot ot NAME ADDRESS CITY AND STATE Western Silver - Lead and a Square Deal, which is a subsidiary, have a 50 per cent interest in the Phoenix Gol-cond- property adjacent to Amuranium Corporation ground in Utahs Big Indian district, site f a $147,000 uranium exploration project approved this week by the Defense Minerals Exploration NED J. BOWMAN COMPANY BROKERAGE FIRM Ad- ministration. Mascot Mines and Sidney began drilling the sand flat claims in Grand County, Utah. Mascot also will carry on a limited development program at its Little We Specialize Uranium Underwriting In 10 West 2nd South Phone Salt Lake City, Utah 5-53- 81 TWX299 ik Due to increased interest and activity in the Beaver Mesa Area where MINERAL MOUNTAIN MININS CO. properties are located, the sale of stock has been limited to of15,000,000 shares in the present public THIS fering. The issue is expected to close WEEK. If you are interested in obtaining Ic shares in this company, PHONE OR WRITE DEAN F. EGBERT, Salt Lake City, Utah MILLARD H. MICHAELSON, Ogden, Utah ot LAST CHANCE! URANIUM CORPORATION PUBLIC OFFERING 15,000,000 SHARES PER SHARE OFFERING PRICE This is not to be construed as an offering of these securities far sale. Tim offer is made only by means of the Offering Circular. To bona fide residents of the State of Utah mm a mmmm. m. 345 SOUTH STATE STREET SALT LAKE 53 Offering Circular Now Available Describing WYOMING URANIUM CORPORATION A Utah Corporation in the business of exploring OFFERING for PRICE: PUBLIC OFFERING: uranium 3c PER SHARE 9,166,167 SHARES Mining claims and state leases are located in the Crooks Gap area in Fremont County. Wyoming Fill in and Mail Coupon Today JAMES E. REED 425 JUDGE BLDG. Send Wyoming Circular to: COMPANY SALT LAKE CITY, UTAH CITY, UTAH TWX-SU-4- rpLEASE SEND ME A COPY OF THE OFFERING CIRCULAR 65 ON BAGGS. Name Address State. City I. Available At The Following Stockrbokers: EARL URANIUM MART CUHIN-IKIR- INC. Y. 39 Echange PI. CROMER J. KNUDS0N & CO. 450 S. Main St. - 22-55- 43 BROKERAGE CO. 39 Exchange PI. CHRISTOPHER & NICHOLS BROKERAGE CO. 340 So. State St - 22-35- G. FLEGAL 26 W. Broadway - Atlas Building I. ARTHUR PETT WESTERN SECURITIES 343 S. State St. - Beason Bldg. CO. CO. 25 & CO. COOMBS INVETMENT Atlas Bldg. INVESTMENT 326 E. So. Tmpl. MELVIN VAN BLERK0M & CO, POTTER J. E. CALL & CO. 146 So Main St - 408 . State St. - MID CONTINENT SECURITIES 346 S. State St. - D0XET NAME THREE c mine Pittsburgh Idahos Coeur dAlenes. WESTERN MINERAL m PAGE CO. 95 R0CKT MOUNTAIN SECURITIES or OGDEN Hotel Ben Lomond, Ogden STRATFORD L. WENDELBOE & CO. Phillips Petroleum Atlas Bldg. Bldg. 74 H. WAYNE STEAD CO. 343 S. State St. 56 WESTERN SECURITIES Ogden, Ut., Ogden 08 |