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Show Anguit 3, 1956 The Western Mineral Survey. Salt Lake City, Utah Page 8 LUCKY FRIDAY totaled SILVER- - against $840,790, And it OUTLOOK of other east end about by a zinc price decline. The disbursement, which will amount to $292,250, will bring the firms total dividends to $1,461,250. Pend Oreille Mines & Metals Co. owns 59. per cent of outstanding Reeves MacDonald stock. The property is at Remac, B.C., north of the Pend Oreille operation in 75 per cent completed. Golconda northeastern Washingtons Metastands to benefit because it mills line district. Lucky Friday ore, and its Lucky Friday holdings acquired for $11,-00- 0 THE LOCAL URANIUM PICare now valued at $495,000 TURE brightened with introducor 24 34c for Golconda holders. tion of a 4 inch rotary drill into the - area, capable of reaching SPOKANE STOCK EX- depths of us to 5000 feet. The CHANGE mining issues had a $35,000 rig, capable of making fairly good week, considering the 500 feet daily,' is owned by Amerihot feather and vacation period. can. Leduc but will be available Lucky Friday set the pace, as it for use by other companies. Daydid last week. Its string of suc- break apd North Stair have alcessive new highs reached seven. contracted for its use. Sales now are around the $4.50 ready URANIUM shipDAYBREAY point. Golconda was volume ped freight car No. 100 from its leader. original Daybreak mine in the MACDONALD Mount Spokane . District and REEVES MINES, LTD., declared a divi- turned to getting other properties dend of 12c a share payable into production bonuses. Ore August 30 to shareholders of rec- shipments are scheduled to be ord August 10. American stock- started next week from the Huffholders will receive 10 58c a man lease, north of the Daybreak share because of a 15 per cent mine. Autunite showings on Kit Canadian withholding tax at the Carson ground south of the Daysource. The dividend declaration break also are being opened up. was the first since the company,., re- Returns from 11 cars shipped in sumed operations last fall after June from the Daybreak also are shutdown brought being opened up. Returns from a two-yea- r . Fortune and Princeton. is about DENVER Over-the-Count- following are bid and asked quota ti uranium stocks. Transactions In tin cks depend on a buyer or seller In ea . For this reason, these do not n. ent actual transactions. These figures resent the range In which stock can purchased from the seller (bid) and In ad- - Soft Lake Stock Exchange of dealers In Denver. Aeg. 3, 1956 Stocks 15 Mining 41.00 38.00 xlndicates operating companies. Sales Bristol Silver 1000 at 26; 1000 at 26. Bullion Mining 1000 at 4 Colorado Cons. 5000 at 2 Vi: 1000 at 2 Combined Metals 200 at 11 Cons. Eureka 1000 at 1.05; 4000 at 1.05; xBmnner Mining Big Hill xBonansa Oil ft Mng. xBrlstol Silver xBulllon Mining . at 1.10 . East Standard Tour 4000 at 13 Vi 200 at 1.00; 400 Eureka Bullion 500 at 5 Grand Deposit 1000 at 2 Miners Gold 1000 at 9 New Quincy 1000 at 7 Vi; 1000 at 7 Vi Prosper Oil 1000 at 5 Royston 1000 at 5Vi; 1000 at 5Vi Silver King West 700 at 28 Silver Standard 1000 at 3 Swansea 2000 at 13 xChlef Con xChlef Con. Pfd xChlef Con. Warrants Wednesday. I xZ C M 100 consensus xColumbus Rexall xComblned Metals Comet Coaln Tlntle Standard zComstock Uran. ft Oil xCons. Eureka at 400 at 1.00; 1.00 xDragon Curb Sales Bristol Silver 1000 at 26; 2000 at 26 Columbus Rexall 500 at 41 Cons Eureka 2400 at 1.05; 1300 at 1.10 Dragon 500 at 1.15; 500 at 1.15 xEast- Miners Gold 2000 Nev-Ta- h Oil 3000 Swansea 1000 at East Standard Utah - . . Mines xEmplre Eureka Mines 1000 at 13 Vi; at 8 Vi at 6 Vi 3000 at 13Vi 16 xlndlan Queen xKennebee Keystone xLeonora xLlttle May x Magnolia Uran. ft Oil xMaJestlc Oil ft Mng. . . Miller Hill xMlners Gold MC (Colo.) Moscow xMt. states Dev. xNev.-Ta- Oil ft Mng. h xNew Quincy Mesa Top xPark xPark xPark Park Park Bingham City Con. Konold .. Nelson . Premier xProsper Oil ft Mng. xSllver South Iron Blossom Tramaetiona Board Bale Refiltered xS undance Oil Swansea Con. 2000 at 3 Gladstone Jack Waite 600 at 23 Silver Mtn. 1000 at 24 Sunshine 200 at 8.05; 200 xTlntlc Standard xTrans-Unio- n xUnlted xUtah-Idah- o xUtah-Idah- o xUtah-Wy- o. Park at Clt Bug. Com. Bug Pfd. 8.00 at 8.00; 100 3;Stock 2000 at 3 . 17.65 17.50 Western A 2000 at Bunker Hill Unlisted Oil Unlisted Bunker Hill . Oil - 17.60 Intersession Registered Unlisted Wilbert xWllllston Basin Oil xYankee Con xZuma Ur. ft Oil ... Unlisted Stocks 10.12 & xAmalg. Bug Ha. 26 xUtah Fire Clay xUtah P ft X. Com. ... 54.37 Vi at 10 Lucky FM 100 at 4.60 Met. M ft L 648 at 7 Silver Mtn. 200 at 26 xWestem Alloys ft U two-shi- ft NORTH STAR URANIUM started diamond drilling one of their properties cornering on thtf Midnite uranium mine in the Spokane Indian reservation. A former Anaconda Company geologist' is directing the work. North Star is expected to become more active in the Mount Spokane district soon. URANIUM LEASES adjoining the Midnite mine, known as the Boyd allotments, have been formally awarded to Down Mining Co. by the Bureau of Indian Affairs and the bulk of $340,000 in leape fees distributed to heirs. Directors of the Newmont Mining Corp. subsidiary will meet in New York Tuesday to okay final" plans for construction of a uranium processing plant near the Midnite mine. Smelter Slated Clearing of 25 acres of ground to make way for a new smelter at Hayden, Ariz., is in progress for the Ray Mines Division, Ken-neco- tt Copper Corp. ' The smelter is part of a $40 million expansion program planned for Ray Mines. The program also includes extension of open pit mining at Ray. American Smelting and Refining Co. currently smelts Kenne-cott- s production in Arizona. The new smelter will be owned and operated by Kennecott. The Arizona project is designed to increase output of the Ray Division by 20,000 by 1958, Charles R. Cox, president of Kennecott, said. Western Knapp Engineering Co,. San Francisco, will construct the smelter for an undisclosed sum. Spokane Stock Exchange xQrand Deposit Star BIG SMOKE URANIUM has about 2500 tons of uraninite ore stockpiled and are using percussion drill equipment on a basis on their Indian Reservation property. FOR Ray Mines er Is compiled cars shipped in June from the Daybreak mine averaged 0.44 uranium oxide content. 11 Pend 100 Oreille at 4.35. Grandview 5000 Over-the-Coun- 10.75 .30 55.00 25 at 4.25; 500 at 4.30; Registered at 16 Vi Markets The following quotations are cbm plied from Information obtained from various brokers and believed to be correct. |