Show 4 Mining Matters i oI I H HII I H H H METAL l PRICES i j 1 STILL STABLE STA LE There was no change chango last week in the price quotations for copper lead and zinc according to the weekly market re report re- re report report port of or ENGINEERING AND MINING JOURNAL The publication reports that buying Interest In major non-ferrous non metals for this month and next was fairly active while zinc continued to sell at 9 4 3 cents and 10 cents Lead was In fair de- de demand demand de de- demand mand and copper was firm because of a possible squeeze in February metal Tin was lowered one half cent by the on January 9 to 77 cents per pound In commenting upon copper the artl- artl article I cle states that domestic demand for January and February delivery was quite active and the undertone of the market continued firm Nervousness over the I price outlook for next month was reflect reflected ed in reduced offerings of scrap Sales now on the books of producers for forJan Jan fOX Jan January uary copper Involve tons February February February ary business to date totals tons On January 5 some tons of cop cop- copper copper copper per was sold to Italy The f fas AS equivalent ent on part of this transaction was somewhat lower than the going market Sales of lead for tor the week totaled 5 tons All of or this tonnage was taken by consumers and the weeks week's total was viewed as satisfactory under prevailing conditions The undertone of or the mar mar- market market market ket was steady to firm depending on the Inclination of the seller Quota Quota- Quotations Quotations were maintained at 12 cents NewYork New NewYork NewYork York and 1180 cents St. St Louis As AB for zinc the publication says that offerings at 9 4 3 cents largely by one seller kept the price from rising to the 10 30 cent level The average for tor the week was cents per pound East St St. Louis against cents in the week that ended January NOW LOCATED IN THE TilE WALKER BANK ANK BUILDING The New Park Mining Company with Company with withIn In the next few days days will will move from Its offices In the Judge building to a suite on the ninth floor of the Walker Bank and Trust Co building W. W H H. H. H Cran- Cran Cranmer Cranmer Cranmer mer president said this week SHIPMENTS IE T New Park tons 1077 Park Utah tons tons Total tons 1792 STOCK SALES THURSDAY East Utah 1000 at 12 1000 at at 1000 at 14 1000 at at NEW YORK EXCHANGE New Park at Park Utah 1200 at Silver SUver King at FRIDAY East Utah at at at New Park at c. c Park City Cons 1000 at Park Utah at NEW HEW YORK EXCHANGE Park Utah at Silver SUver King GOO at SATURDAY East Utah 1600 at Hc at c. Park City Cons 1200 at I Park Nelson 1000 at NEW YORK EXCHANGE Park Utah at Silver King at MONDAY New Quincy 1000 at New Park at NEW YORK EXCHANGE New Park at Park Utah at Silver SUver King 1000 at TUESDAY Bonanza at 4 3 c I Central Standard 1000 at 3 1000 at 3 c. c I Columbus Rexall at Commonwealth at 3 Vic i Comet 1000 at Crescent Eagle Oil at East Standard at East Utah at at Empire Mines 1000 at 2 3 L Eureka r.-Eureka ureka 1000 at at 18 1 c Indian Queen at l' l I Kennebec 2000 at ICV c. c Kentucky Utah at 2 I Little Little May at l lc I Mountain States Development at v Nevada Metals at I New 1000 at North Lily LUy at North Standard I Pioche Bristol 1000 at Prosper 1000 at lc Silver Shield 1000 at I Tintic Central at I Tintic Standard at Union Chief 2000 at I Continued on Page Five |