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Show PAGE TWO August 27, 1954 The Western Mines! Surrey, Salt Lake City, Utah i Holders Top Government Officials Slated Vote To Change Name Company Show In '54 Mine To Participate Plumbic Mines stockholders voted unanimously to change the Mumble ROCK DRILL Heavy Duty Drill, Generator, Blower and all necessary tools to do drilling. Total Weight 250 lbs. Performance comparable to bulky compressed air. See it demonstrated at Utah State Fair OB Washington, August More than a score of top Government officials, including 16 Senators and Representatives, are slated to participate in the 1954 Mining Show of the American Mining 20-2Julian Conover, Congress in San Francisco, September AMC Executive Vice President, has announced. The four-da-y meeting the metal and nonmetallic mining naindustry's annual forum for exchanging ideas and views on tional mining policies and mine and null operating problems will be opened with a welcoming address by Californias Governor for Materials, Office of DeGoodwin J. Knight, Others who fense Mobilization, will diswill address the opening session, cuss "Mobilization Policies in September' 20, are Senator WilRelation to Mining. liam F. Knowland "The National Legislative Scene; Participating in a Wednesday Senator Thomas H. Kuchel September 22, panel dis"The Road Ahead; and morning, cussion on Federal taxation will Felix E. Wormser, Assistant Sec- be T. Coleman Andrews, Comretary of the Interior, "National missioner of Internal Revenue; Mineral Policies. Senator Wallace F. Bennett and Representatives Representative Wingate H. E. Martin Thom (RIowa), John will deliver Lucas and Hale W. Byrnes an address entitled Needtax The panel will Boggs ed A New Look for Our Laon Gold, a followed be afterpanel by Law at a Monday bor with Silver and Policy, Monetary noon session, September 20, McCarran Senator Pat on Labor and Personnel Proband Francis Case taking lems. part. Governor J. Bracken Lee Taking part in a panel discussion of public lands problems of Utah will be featured 21, Tuesday morning, September speaker at a Strategic MinL. A. be will erals Luncheon Wednesday. Representatives 4, HOMELITE CORPORATION 7440 Highway 91 - North Salt Lake, Utah TELEPHONE 9-42- 16 Specializing in Uranium and Oil and Gas Securities (R-Calif- .), ROCKY MOUNTAIN SECURITIES Offering circulars oji Green River Oil and Uranium and Mountain Valley Uranium Companies available on request. Offers to sell and sales of Mountain Valley Stock are strictly limited to bonafice residents of the State of Utah. Dial 508 Atlas Bldg. 3-17- - 36 (R-Calif- .), (R-Utah- (D-Te- 3-43- 94. x) (R-Wis.- Salt Lake City, Utah ), (D-La.- ). (D-Nev- Professional Service for the New Investor . You ); (R-S.D- Can Place Your Confidence in Muir, Dumke & Co. .), .) A. Wesley On Thursday, September 22, Clair Engle DEwart C. Johnson, Director of Raw Jesse John J. Rhodes Materials, Atomic Energy Comand Harris Ellsworth Edward Woozley, Director, mission, will speak on the outBureau of Land Management; Ed- look for fissionable materials durward C. Crafts, Assistant Chief, ing a session on future prospects U. S. Forest Service, and several of the mineral Industries. At this mining men from Western States. same session, Marc Boyer, Deputy Minister of Mines and Tech-nivOn Tuesday afternoon SenSurveys for Canada, Ottawa ator George . W. Malone will discuss the Canadian minwill speak on "Min-ing outlook. Miller (R-Neb.- (R-Mont- .), Stocks and Bonds (R-Ore.- Hotel Newhouse, Mezzanine Floor Telephone (R-Ariz- .), (D-Calif- .), 94 ); al (R-Ne- v.) SPECIALIZING IN URANIUM SECURITIES Whitney & Company Offices at: 10 EXCHANGE PLACE Salt Lake City, Utah Phones: 06 . or TWX SU-3- 80 erals and Western Hemisphere Defense, and E. H. Weaver, Assistant Director Uranium Market Turns Active Again By BOB HERZOG 237 KOBBEB BUILDING New Mexico Albuquerque, Phones: or TWX 14 AQ Sonw mine-ownegross $2,000 a day. This is tba 1054 equivalent of the $500 a day earned by some lucky Forty-NineIn California. Uranium fclalms of standard sisa have brought aa much as $125,000. This almost rivals the richest Klondike gold claims. Many optimists think development of uranium means the end of coal, gas and oil industries. They say after 1980 no more new oil burning power plants will be built in America. rs 165 rs Reports on Royal, Pathfinder, Upetco and Mailed on Request Kentucky-Uta- h Whitelock Uranium Co. (A Mining Corporation of Utah) A turn from the summer lull in uranium over the counter stock trading, came during the week. Several penny stocks have begun to advance. As the week end approached, there are signs the market baa taken a turn. Some 6,000 mining men from all parts of the United States, representing every producing branch of the industry will attend the four-da-y meeting. During the Convention the views of the industry on national policies affecting domestic mineral extraction will be outlined in a Declaration of Policy. In conjunction with the Convention sessions a Mining Show, composed of exhibits of all types of mining equipment and supplies needed in the day to day operation of the mines; mills and other mineral processing facilities, will be held. This Exposition, held every other year, is the largest and most comprehensive o its kind held anywhere in the world. The ABC aeeka all the domestic uranium ore It can obtain. Officially the ABC cannot buy more than 1.000 tons a year from any one miner. SOIL It la committed to paying- generously for uranium ore until April, 1002. This means eight yean in which a unnlum ruah could develop beyond the moat fantastic hopes of prosper tore, miners, millen, speculators end name of the company, at a special meeting Aug, 23 it was announced recently. Without calling for proxies, 5 per cent of stockholders were present. It was announced at the meet-n- g that a reverse stock spilt ias been approved whereby Humble stockholders will receive one share of new stock for each four shares of old stock. The split up leaves 492.000 shares of the new million dollar capital, available for financial irposes. It was disclosed that the Howell Mining Company owns approximately 40 per cent of Plumbic stock, having acquired that stock some months. Howell will be in operating control. Development of the property will be coordinated with the Yellow Canary on the south and the Atherly group on the west and north, both properties now under active development by Howell Mining Company. Homelite Demonstrates Carryable Roekdrill Lynn Peterson, manager of 7 44 0 Homelite Corporation, North Salt Lake, Highway 91, Utah, is demonstrating a carry-ab- le rock drill for mining operations, which is sold direct. The drill is portable, weighs but 65 pounds and replaces the heavy air pressure. It has a portable generator that weighs 138 pounds. It is made In Germany find known as the "Bosch. Rock drill, generator, blower and tools total less than 250 pounds. The generator operates 1 hours on a gallon of fuel. The rock drill and blower usd 1500 watts. With a 2500 watt generator ample reserve is available for floodlights, electrical drills os any other universal tools or equipment. Because of its portability it is attracting attention of uranium operators in the Plateau. RAY DRILLING COMPANY, INC. Exploration Drilling Contractoxi 204 State Exchange Building 343 South State Street SALT LAKE CITY, UTAH Telephone Offering Circular Now Available Describing - Exploration Underway on Mining Properties at MONARCH . Temple Mountain, Utah Hite Utah OFFERING Common Stock The Company's at 3e per share Offering Circnlar May Be Obtained From: HAVENOR-CAYIA- S, A investors. INC Cfar specialists will be glad to furfacts and nish you figures as to production records of uranium computes. Let us assist you In choosing profitable mediums of 529 Newhouse Building Salt Lake City 1, Utah investment. URANIUM CO. Utah Corporation in the business of exploring for uranium Millionaires an investing money in southeast Utah. They hall from Dallas and Houston, Tort Worth and El Paso, and as far north aa Seattle and Vancouver. Eastern financiers In the past week have resumed active participation In acquisition of promising claims. With September In the offing, investors may anticipate an increase In daily volume of sales. The impetus Is on the up side. In the past few days several uranium mining companies have made Important strikes More may be expected as cool weather makes min, injr more attractive. O Pas Value: 3c per share. O Offering Price: 3c per share.' O Public Offering: 3,000.000 shares. O Properties adjacent to the Big Indian O O Mining District San Juan County, Utah, are owned ontrig&L Additional properties in San Jnan County, south of Moab, are on lease. Options are held on claims in the Temple Mountain Mining District. HU IN AND MAIL COUPON TODAY rjeunes E. Reed Company, 425 Judge Building, Salt Lake City 1, Utah Send Monarch Circular to 1 1 Please send a copy of the Offering Circnlar relating to Whitelock Uraninm Company to: DOXEY INVESTMENT I COMPANY I Name: I Address: ' 60 South Main St. Phone' 22-S5- Name " ; Address City -- . State -- . |