Vernal Express | 1955-02-17 | Page 78 | Continental Claims It's First on U. S. Exchange

continental claims its first on U so S continental uranium inc which claims to be the first independent uranium ran luin mining organization to have its stock listed on a major american exchange has reported that tons of commercial trade grade ore was sold during the first four months of the firms operations pe rations gerald gidwitz chairman of the company reported that much ore came from one of the fastest developing ve and most substantial exploration ration and mining operations horation Vo la utah he further said that soundness oi of the companas comp anys man argement properties and financing was demonstrated to in december when the american stock ex exi change listed continentals Continent als stock final construction and furnishing details the report continued have been completed at the companas comp anys new field offices at south ath st grand junction these facilities provide efficient working accommodations comm ovations for the organizations staff of mining engineers geologists and general arve assistants mr mir gidwitz together with ray mond G sullivan of grand junction organized the western mines development co in 1951 that irm firm being the forerunner 0 of continental 0 tin uranium company executive offices are in a chicago joined with mr gidwitz antz in the management of the firm are re his brothers willard Wil lardi president ind and joseph vice president mr sullivan lul livan is also a vice president BOARD chairman of continental uranium gerald gidwitz reported at years end that his firm had sold from its utah operations tons of commercial grade ore mr gidwitz also holds the chairmanship of helene curtis industries inc and is 13 president or director of more than a dozen other corporations including lanzit corrugated box co of chicago of which he is one of the principal stockholders and bartex oil co of which he Is chairman of the board