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Show Pare The Western Mineral Survey 4 Friday, May DENVER 17, 1957 Salt Lake Stock Exchange Uranium Stocks The following list of uranium stocks are of companies currently producin' uranium and listed as shippers to the Atomic Energy Commission and companies cab-ne- t which, while not listed as shippers by A EC, have an income In other mineral fields uose CALLAHAN ZINC-LEAand subits VULCAN SILVER-LEAsidiary expanded their already extensive Coeur dAlene Mining Region holdings in a major deal with URANIUM MINES, INC. . . Through their recently formed exploration and develop ground adjoining on the west the Silver Mountain and Princeton properties now under deep development by Hecla and Bunker Hill. . . The ground covers 200 mining claims 'along six miles immediately north of the ore making Osburn fault. The two-mil- e property extends across the Idaho border into Montanas Mineral country and takes in the old Silver Cable opermine from which early-daD D telegrams to the president, officers and Congressmen urging continuation of the barter measure program as a slop-gauntil permanent controls on zinc-ea- d imports can be established. Failure to do so, they predicted, would bring on further price declines in the metals and more mine closures and unemployment They expressed confidence growing demand for lead and zinc will balance supply within a few p years. SLAB ZINC stocks as of April stood at 105,599 tons, the largest in more than two years. And this despite the fact that 75,561 tons went into the government ators extracted about $1,000,000 stockpile in the first four months worth of ore near the surface. . . of 1957. Production is at a new Preliminary exploration is to get high. underway within 30 days and ultimate expenditures may reach THE URANIUM OUTLOOK, at more than $1,000,000. Pinnnacle was bullish. A Washington, least, and Uranium Mines would split D. C., investment service publish.. . Vulcan owns any profit 50-5a described as ed decidedly report the rich Galena mine in the optimistic on for ura market the districts Silver Belt, now pro- nium. It talked of an insatiable ducing at depth under the very peacetime demand. capable management of American Smelting & Refining Co. BUNKER HILL. . , First quarter net income $567,863 or 35c which SILVER MOUNTAINS first ob- is 5c per share above dividend jective has been narrowed down requirements vs $812,930 Or 50c to 450 feet. The exploration cross- in the same period a year ago. . . cut being driven from the bottom The company is doing geophysiof the 2000 foot shaft has been cal work at the famed old survey pushed 950 feet. This project is Bonanza lead mine near Colville, to the expectation Stevens County, Wash., under a stage. purchase option. SUNSHINE declared a quarterDAY MINES continued strong in the face of general weakness ly dividend of 10 cents a share, stocks at the Spokane payable June 29 to stockholders in lead-zin- c Stock Exchange. A sample of of record May 31. The 148,882 high-grad- e ore from the new 50( disbursement will bring total pay level strike was on display and ments to $35,181,973. . . Charge-off- s of more than $210,000 for it loked real good. Grapevine reabandonments sfnd ore the said Wallace exploration, from ports machine development costs nonrecurring the is so heavy mucking r booka in resulted loads. cant take full loss of $42,977 despite keeping gross operating income of $813,' ADMINISTRATIONS THE is 7louu nuuivuv e ,ao 400 at 1.15; 400 at 1.20 . Colb. Rex. 12950 at .19ft; 400 at .20; 8000 at .19 ft Comet 3000 at .08; 100 at .07 Comm. Lead 1000 at .02ft Comstock 200 at .17 Cr. Eagle 5000 at .05ft Croff 5000 at .08 Dragon 300 at 1.00.11 East Utah 200 at East Std. 4000 at .14ft; 500 at .14; 500 at .15; 1000 at .14ft; 9000 at .14 Eureka Mines 1000 at .03 Or. Deposit 1000 at .02; 4000 at .02ft Gr. Western 2000 at .08 ft Horn Silver 1200 at .03 Ind. Queen 7000 at .01ft Mtn. 8tatea 10000 at .02 ft New Park 200 at 1.25 Park Konld 2000 at .03 ft Piute 750 at .05 3000 at .19ft; 2000 at .19; 4000 h at .19; 2000 at .19; 3000 at .19ft; 2000 at .19ft; 500 at .18; 8000 at .19ft; 8000 at .18ft; 11000 at .19 Prince 1000 at .05 Prosper 1000 at .06 ft Sllv. King Wat 1000 at .19 Royston 5000 at .04 Sllv. Std. 2000 at .04 Tin. Lead 2000 at .04 West Toledo 1000 at .11 West. Alloys 3000 at .02 ft Wllllston 500 at .19 Curb Sales Bull. Mon. 500 at .30 Colb. Rexall 18000 at 19; 1500 at .19ft Dragon 400 at 1.00 Horn Silver 1000 at .03 2000 at .19; 500 at .19 ft h New Park 100 at 1.25 North Lily 200 at .50 Tin. Std. 100 at .77 ft Cardiff y 0. Nev.-Ta- fast-gettin- g Nev-Ta- Home Building Slow . New home construction in Utah in January, February and March continued the decline that overtook home building industry last first-quarte- long range minerals program now is scheduled to reach Congress within, the next few days. A cabinet officer expressed confidence it would receive the approval of the mining industry. . . It can come none too soon federal barter program has been temporarily suspended sent zinc down 1 cent a cents a pound, lead 1 a cent pound pound and copper 'Agriculture department officials said the barter program, under which surplus farm products are exchanged for surplus foreign minerals and other strategic materials, is under review to determine if it should be continued discontinued or greatly curtailed. Spokane area mine operators sent URANIUM QUOTES May Approx. 553. HOMESTAKE MINING CO. has been selected by a New York in vestment advisor as his number one selection on the big board. Its defensive characteristics cou pled with the excellent opportun ity for enhancement in value are given as reasons. Their entry into the uranium field supplying fis sionable material to the new anc dynamic Nuclear Age is also an important factor. Asked Gold Cloud Great Yelst. Green River Abajo Alpine American Anticline Atlas tighten its rules for small securities offerings under $300,000. RETORTS ON ANTICLINE CARDIFF - SILVER Manada Pete Trans West Uintah Wyo Klabab Kane Creek Bapco Bear. Mesa Beehive Ur. Big Horn Big Indian Big Plney . Black Hawk Blue Lizard Calamity C. Carbon Caribou Cataract Ur. Chlefton Ur. Circle Cliff Lisbon Lucky Me Temple Mayday Mayflower Moab Ur. Mont. Wts Mt. Peale Mt. Valley U-K- an Ol Jato Pennell Plneco Col-U-M- ex Producers Comanche Congress Consol. Ur. Dynamic El Rico English Oil Federal Radorock Republic Rocket Royal Sahara Shamrock Gem TWX SU-1- 80 4 Mommy cowU net see owT shield. -- Hie WIND I HuttHe WiNOshidd. . Mines and farms Is Mines and farms are not found, they're made. A mine is while farm a made by exploration and development, ostab-lishin- g made by soil cultivation and planting. Tho risk of mines and growing crops Is undertaken because miners and farmers have hope of a profitable market; the farmer at harvest time, the miner when It's time to sell the minerals he digs from tho ground. UTAH MINING ASSOCIATION "from tho oarth come, on 'abundant O&M Ula U. N. Beryl AMBROSIA va Upetco Utah-Id- a products of enterprise Ufo tor all" Mt. Exp Uran King Ur Mines Ine U. 8. Pet U. B. Uran Utah West Walters Whltelock Wyoming Yellow Cat Yellow ,Clr York Ur. CROMER BROKERAGE CO. Suite JASPER Sllv. Buck. Knapp Int. Metal Jolly Jack Bans 3-- -- STANDARD Spencer Standard Sterling Strategic Mt. Sunburst Sundown Pet. Bun Uran. Swastika Thnderblt U Ounslte Homestead S The Security & Exchange Commission scrapped two plans to 13, 1957 Bid Know How 1 6oT JiurT . Tue WiWlHieLh wiyeR-- didNt WORK. Salt Lake Stock Exchange Building. 39 Exchange Place Salt Lake City, Utah Telephone EL year. Statistics released this week by the Bureau of Economic and Business Research at the Universof ity of Utah showed the totalconnew homes authorized for struction in the first quarter of 1957 fell 23 per cent below the total in the same quarter last year. For the Utah construction industry as a whole, the month of March, by contrast, was the bigOsgest March in recent history, direcmond L. Hairline, Bureau tor, said. The first quarter of the year showed 1.283 new homes authorized for construction in Utah, compared with 1,678 in the same quarter of 1956, Mr. Harline said. LAKE URANIUM MAP Authentic detailing of ore bodies and propSections in fabulous erty ownership covering over 200 Ambrosia Lake Uranium District of McKinley County, New Mexico. Wall size Map 36 x 42". $10.00 each. up-to-da- te ALAMEDA MAP COMPANY Box 1665 Albuquerque, N. M. Vs M InT CL |