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Show November 4. 1955 Tie Western Mlnertl Surer. Salt Lake City. Utah Temple Mt. Ships Ore From Mona Croff Invests Zinc Imports Peril U.S. Industrial Metals In Uranium HERRES OPINES Most of the asets of Croff Oil efforts by Corp. are now invested in uraForeign zinc is taking over the United States market in spite of determined it was disclosed western senators and congressmen to obtain legislative relief for American mines. The feu nium properties, D. Nebeker, comoday by W. polthe done to government is will condition this that until continue change something Temple Mountain Uranium prevails pany president. Croff has been drilling on two Corp., which is shipping regularly icy according to Otto Herres, chairman. National Lead and Zinc Committee. has completed its eighth shipment mining properties on the TenHerres pointed out that imports from the Mona properties near derfoot Hesa, east of Gateway, Nephi, Utah, the ore averaging of zinc metal rose during the Colo., under the supervision of 54 per cent lead, nine ounces month of August to 16,538 tons M. J. McGrath, who was the first of silver and seven per cent zinc, and zinc content of imported ores manager of the Vitro plant in it was announced by a spokesman and concentrates increased to Salt Lake City. total 41,599 tons, for an over-al- l for the company. Croff has also done some drill-nof 58,137 tons. United States mine on the Black Mamma" Ore is running $130 to $140 per production by comparison, acclaims in the Tenderfoot Mesa. ton with shipments anticipated cording to Herres was 42,500 tons. This gives promise of an addi-ionat 25 to 30 tons a week from 300,000 tons of good grade He pointed out that for the first Mona, officials said. feet thick, and assay-n-g of ore 3 eight months of 1955, zinc Imcom .45 per cent, and 1.7 per cent Company machinery is ports totaled 412,883 tons, as of vanadium, regarded as good. pletely enclosed for winter oper- against 393,461 tons, but U. S. ation and water lines are in con- mine production from January Stock of Croff is quoted about dition so that the mining program through August totaled only .20c to .22c a share on the Salt 0 may move ahead without weather tons. jake City stock exchange. interference. In an address before the AmerThe company is realizing a con- ican Mining Congress recently at tinuous and sizeable profit from Las Vegas, Herres dwelt upon by imports. If his investigations its uranium property on t he several important phases of the indicate imports are impairing lease at La Sal. situation. Ills topic was "Stockmaintenance of the mobilization Truck loads average .45 per cent piling and Government Mineral base in a particular case, such with a few assaying .60 per cent. Programs." as lead and zinc, he will report Spokesmen said the company has to the President, who then, is He spoke in part as follows: a substantial treasury balanc virtually directed by the law to "Since October, a year ago, the which is augmented each montn. take action to adjust Imports. Officials reported approximate- price of lead has advanced OTTO HERRES only government action can limit imports s To be sure, the Trade ly 700 tons of ore shipped each cent a pound and zinc 1 Inores are taking over a larger Act also contains an escents. But much of the small gain plies have taken their toll. month from the lease to the processing mill of of two cents, which amounts to dustrial raw materials are up proportion of U. S. smelter pro- cape clause to protect workers Vanadium Corp. of America In seven per cent of the combined some 12 per cent, the price of duction at the expense of the na- against injury from excessive Colorado. The uranium averages price of the metals produced from aluminum has advanced 2.2 cents tion's mines. imports. Bnt how mnch protecc cents. 13 tion did the escape danse afford a pound and copper the mining of complex $40 per ton, officials said. Although temporarily helpful miners after they the lead-cinThe company is negotiating for ores, has been wiped out by highex- to the Industry it is becoming incosts and the wage nigher followed Administration advice additional property in er costs. creasingly evident that Govern- to invoke that provision of the Another round of wage in- pense of social security responIdaho, where preliminary explorment mass the assumed sibilities stockpile purchases of lead law and by crease and rising prices for sup- ations have been conducted. gained a unanimous reczinc are are not accomplishing ommendation and industries being producing of the Tariff Comlassed on to the consumer the intended purpose of adequate- mission for their relief? None ly benefiting U. S. mines. Do- whatever! hrough increased prices. mestic mine production remains lead-zinBut the mines, forced at The State Department, thus far, depression lows while foreign ;o compete in world markets on e basis and producers have prospered under has been succesful in blocking a virtually the program." d to meet the prices of every avenue of legislative relief foil the mines in the form of is It evident that U. 8. plainly production, like the consumer, a flexible are finding only trouble from stockpiling encourages the expantariff, or an excise tax that would be suspended whenthe inflationary spiral and the sion of foreign production, and ever In the absence of restrictions, it prices of lead and zinc are cheapening of the dollar. "Until the channels of trade brings us added imports to the sufficient to permit the Amerifor the industry were distorted by extent that it Increases prices to can Industry to survive. But in government controls and foreign a more adequate level. Thus it the end, these are the paths that aid policies during the Korean defeats its purpose of providing must be followed. Other roads lead eventually to emergency, this country took relief for our mines. Nor is it a kindness to com- Government controls and to regof its sine from about pel the foreign consumer with ulation of production and prices foreign producers. For 12 years prior to 1952, U.S. his lower purchasing power to through socialistic devices and mine production averaged over pay higher prices for his needs possibly steps already are being 600,000 tons a year and imports because our stockpiling, in the taken by Washington in that dionly half that amount. But now absence of tariff restrictions, rection. The industry if it is to domestic mine output has been raises world prices in greater avoid these booby-trapmust reduced to 42,000 tons a month proportion than our own. look to Congress for its protecThe Trade Agreements Act as tion. And the people must send while imports in ores and metal have risen to 50,000 tons a month. amended this year gives the De- legislative to representatives Last year imports were 605,000 fense Mobilizer the authority anc Washington who believe in this tons and in 1953 were 748,000 responsibility to investigate anc nation and not globalism, and to determine whether the na in a government that is American tons. Excessive Imports of foreign tional security is being impaired in its responsibilities." By O. D. Quinlan g al 340,-70- Stocks-Gramic- h Agee-ment- Stocks-Gramlic- h lead-zin- e lead-silv- er c free-trad- low-value- one-thir- d s, $149.50 (Dimensions 5x5x7 Model 101 Ins.)' DEER HUNTER'S SPECIAL GAMMA-O-METE- R The newest, most sensitive, and sturdiest counter for discovering radioactivity. Every model absolutely guaranteed to outperform any other counter of equal price. Prospect from auto or airplane. Over 1000 now in use. Other models at $239, $495, and $795. 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