Show -- ynfur111 Tht Sail UP AND DOW N THE STREET Tribune Sat unlay April 19’5 1R il Chief' Duchesne Farmer Market Tallies Plateau Uranium Boom Partner in Chief of Dairymen Eifhili-DaFit’seriKt Piu'Iipmu the establishment the formed Friday was Spurs Union Activity Utah president Ex-Fil- Re-eleele- m there- Axn FRE d a - - lli-La- ml U-Fir- or Hnn-- m FU By Robert V Bcrni"rfk Tribune Business Editor Colorado Plateau uranium hoom has attracted more than stock promoters miners oilmen airplane pilots and cafe operators Lnknown to most people in the area is the fact that the E nued Steelworkers of America tourist-prospector- s (CIO is waging an organization campaign up and down the Four Corners region The American Federation of Labor and the L nited Clitic Vorkers of America each has organized some of the older nulls on the Colorado segment of the Plateau One mill has an independent union But the steelworkers who represent most of the underground miners in Ctali hae moed to jtain membership m mines nulls and sampling' stations George Haycock representative of the steelworkers says that uranium mining 'hasn't settled down” enough for establishment of a wage pattern But the union doesn't want wages m uranium hooked to either underground patterns or the copper industry in the West he said lead-zin- sub-distri- ct lead-zin- “We look toward scales of between other benefits” he said and $17 c day with $20 a Merrill Now Furnished itzgeralil (VSni an(j (is trihuting lassoeiation O tin1! s icnumed directors were Russel! Wall llotipr t’ltv and Eugene Face Wansinp Ed ward Sorensen Oaklev and Mr Fitzgerald are holde rectors Ih Louis R Cuttis Salt Lake Citv was reappoin’ed as soeiation general manaeei 'l'lie dan men are mat kim the 16th anmversatv ep v v J h Huulri A A I W tnd 20 Kail IS t Ills 55 427 2:i iso ofi 65 02 Stock 1 4 25 45 1 Mi HU Hh V 4 44 64 72 150 14 56 46 85 1V7 C'ommoditiri oiUme3o int 262400 20 Hail I 4 1 04 IH 37 40 Komi 10 (i!Mdk Hails (i till ‘Jnl 10 Public I Ills Industrial4 10 145200 Mh 10 15 ITUs 57 Mammoth Dow Jones 65 jt 01 III ( ( 1)6 01 MrirrittChdOman StM VICO 10 U-O- Underwriting re Kibbe & Co- - Salt Lake City reports completion of largest securities underwritings in the uranium stock Sales in 1CKN Nows Spurg UOre Trading Brokers put the spurs to Magnolia Lead and Oil Co stock on Salt Lake Stock Exchange Friday with reports (confirmed by officials of the company) that uranium properties are being acquired and that an underwriting is pending Several hundred thousand shares changed hands The properties are in Utah Wyoming Colorado and Arizona the Shift Boss The current enthusiasm over projected atomic electric power plants has served to give some the notion that coal and other By petitive fuels but rather in sound management leadership ‘‘T1IROUG1I management research and laboratory research bituminous coal may prove to fossil fuels face a hopeless be the most practical fuel in -- Battle in the future Others the of electric development differ with this line of thought power in many areas for years A notable example of this in to come Along with more efthe category of informed people ficient means of processing is Clifford F Hood president of preparing and transporting coal US Steel Corp for use as fuel the development of broader fharkets for On April 13 in an address byproducts of coal combustion before Bituminous Research may prove to be an advanInc he said in part: tageous factor in the use of coal ‘‘Our vast reserves of coal representing at the moment what many believe to be our most plentiful source of energy will be of little value unless coal can also remain the most economical source of energy The methods of achieving this goal do not lie in the devices of government subsidy or gov? ernment regulation of com- - as a commercial U-Fir- fuel” Ships Ore m Pennell Uranium Corp Friday reported it had shipped its first commercial grade ore to the Monticello San Juan County mill operated for the Atomic Energy Commission by the Galigher Co Salt Lake City 02 03 I4‘j 16 17 07 7 01 04 16 lintel nml (Mil OIL itth'Miiv Mndivm 02 I Mul MnOtl Mtimmulh M till 14 4H O 04 g 07 MminKe Smith'd Smidim ou in 05 Ot0 M(obl Slmiv Still lllos 20 IK 10 t 05 OH lllll Sales m 10' EK THE (’OU NT Eli lsuc :i on o lot t on 02'-07- llovs 51 49 I lfi 74 tiiil)vnam 1H1 k ticiUds :i 31 ns i 319 67' 214 52' 14 m 215 97 S tenEl i 70 47WI 11 22'- AmZine Anaconda ltifi 63 36 7Ht4 ArmcoStl ArmourCo 60 lVd 21 29’ s AsDryGds 21 14712 Atchison AtlHef Va IVv W teiiHi ec 30 h tienTA It tidPacP 25 tiiiltcfcrt tliddcn tmodrch tnodvar llirishxS HavesMu llcrdMr HJlandP Mmatake Itnushd K IlmseSnd IllCentrl lndltvon Blaw Knx Hocm 2'B tx 19 41 ts 3 11 II 1 111'- 44 is r 111 llIvthcM 74' 211 25's 45's Remit in Rep 4s n lies ei eC lies n nil ItichOii Its IDtch 1 1 V 47 41' 9 llvdenl 'h Hilt milt HethSt 7H 30 S 611' 411 Itavmiii-- 192 20 W 1 i i j J‘j Oil i 11 701 t 40 4 1 11 7 Slli'Wls SI Insld StllegisP 41 15 35 37 13 70' 42 30 V tliumAc tlulfthl HeatF da Ms 12 59 53 trvhnnd 24 Pure! ill lladiot or 25 till 29 62 tlracW R titNorltv ItndxAvn BenLoan Hcnauet 67 1'uhSM I’ullmaii Bioa i 25 43‘-- s 33 47t( 35 41 11 1 lb-- ' i -- nn 41's 14 15' 34 41's 3 29 73 21 i 25 62 17 57' if Va MdtAK Jnlllaiv Still lilt al tntNckel IntShnc IntTAT islt rt nal JeffLkeS JohnsMn i Buddt o -Burlnan I Hurrahs ButteCp talpcka StdOillml SldthlNI SIMOIlOh Stffrf'hni Slerll'rg SlneA Wh Sldbkr-- JnsAlsh allhcnZ JoyMfii Sunravt) SnshnMn SwiftAt o Kant'tvS Kelaevll Canllry Cani’ac CaseJI CatrpIlT Celaneae Celotex CerdePc Certantd ChncVA hesAO KernCnty hresgeCo Kroger Lehman ChMSI’P do pf Lockheed TdeW AO T i in k It M Loews T do pf ChRIAP do pf Chrysler CITFin CitiesSrv OlmxMl Cluettl’b ioneSC Lorlllnrd LouANsh MackTrk Kennedt Colof Air 10H 24 'L t raiisiim TWAIrL Trlt ont 201 h( ntF DnBAP MagCop lint'rbde Magnavx Martint LnPcific at i v uma 99'A 900 39 V-- CURB -- 1 IH 01 05 'll 10 01 'VI Vs - t h: 1111 228 9" 27V1 it 211 814't 3D V 3‘g MinMAM Minnl'AL ComSolv CmwFdis' t onst op ConEdis Containr ContBak Contt an ContMot ( ontthl CornPrd CraneCo CrownZ CudahyP CurtiaiW Mnntl’w MontW rd ' Motorola Murray KatHiar Natt'shR do pf DthPAL Vanarilm Walgren Walwort WamBr WestAL WestnP WeatnUn WstABk WestlnE WheelStt WllsonCo Natt'line Natllairv NatDistill 15 424 Nattvps NatLead NatSteFI NatSup CuUer-- Nehitp DeccaR Deer NwmtMn NYArHk NVCASL NigMoPw DenARG DetKdis DianaStr Dreaserln DuPont DuqLt 14Vx 3180000 shares 195 Umlm 1 lil9 week In 15 April (I P— Live- 400 atiPPly comprised ble 2113-l- 10 (HH) at SALES EGG MARKET 2Wc I OS ANGELES lilt Live AGO Produce 3 trucks board price poultry Market steady No Chicaao poultry rhimges today cheese: Single daisies and longhorna 36'- - 37 ' a pound processed load 34Vi-3- 6 Swiss Butter- grade A 43-4- K C 39-4- f lHVs 15 (L'P— Dairy Total American bond aaleg Friday $130000 41-4- Dec OATS— May well-know- 8 - — r:irn beef small price steady Mostly butchers ( attic- - to 50 een's off Steady sales 15 April No 2 (APV-Wh- yellow I YORK 3 101 1471151) 4 91 106 123 It 2 106 lv 8 IO3T4 65 113' f 1 87V VI ' 15 (AP)— Spot' nonferrous melal prices Friday: Coppeg- - i 36 cents s pound Connecticut Valley Iead 15 cents a pound New Ycrk"'' Zmr 12 cents a pound east St Louts1 it Tin 91-’ cents a pound New York 1 Settlement 3438?' Copper prices: unr 115 lead 15 and silver April LOCAL BANK CLEARINGS CASH GRAIN CHICAGO None Corn: No 3 1 4UVy No 1 79' Soybeans' No METAL PRICES eat' 81 181V ' FRIDAY'S QUOTATIONS Thursday's bank debiU 21931317 00 Same day Uat year 174282169 00 Knrtay'a clearings 20751397 88 Same day last year 140394T336 Week's clearing 71800539 19 Same week last year 7291U3129 ' COMPANY - 1 1 1 44 43 4 bjf bank) Beal estate owned other aaseta 137 71S other than bank “i:::!:":: TOTAL ASSETS 700 1599822 $4775709729 TOTAL LIABILITIES (not Including subordinated tion shown below' CAPITAL ACCOUNTS obliga- eBpttil Surplus Undivided ? New Uranium Manual & Repart an Canaalidatad Uranium URANIUM STOCKS Appreg Spencer Standard Stardud Sterling Sun" Tempi Mt Teasi - to date 298435500 1933 to date $10256000 Time Trans Wit Ubava Ula Upatq Uran Chf Uran Ca Uran Kim Uran Svc Uranus U U S S Llfh Uran Ut Eram Uf Var Utlda Walters West St Whit Cn Whit lock Wild Cat World Yank Ur Val Cat lull ) NEW Hogs -- Uneven) few - irregular CHICAGO Wheat - About Corn Closed feeding Oats changes dts- - ' Our stock has wide acceptance We will consider taking a lew uranium companies In with us on merger or stock purchase basis Write Box L56 this paper t well governments firm and liquidation Bonds— Higher - f AP)— ZION'S SAVINGS BANK 228781957 61 dot- trlbuled Cotton hedging 11 strength Demand deposit of Individuals partnerships and corporation $ 111853994 Time deposits of Individuals partnerships and corpoiatlons 41221898 73 of United States Deposits Government (Including postal savings) 1500 00 lie posits of States and political subdivisions 225000 00 Other deposits (certified and officers' checks etc) 31800257 TOTAL DEPOSITS $4288294128 Other liabilities 21425053 producing uranium company Is n April 36-3- 8 V NEED MANAGEMENT? A Y()RK Murks — Higher - 1294115 Market pounds steady 93 and 92 score 57 a pound 90 aeore 544 89 score 54 U caiTots 90 score 55V 89 score 54 hggs 23578 rases Market steadv to firm While laige extras 70 pet cnt A and ovei 40 a dozen) while laige ex 9 per cent A and over and tras mixed laige rxtias 39 mediums and standaids 17‘n current receipts 38Vj dirties 38 (hecks 35‘n Potatoes' Arrivals 112 track 342 total CS shipments 326 Supplies moderate demand slow market dull and weak New stork Supplies light demand mod erale market about steady Track sales 1 A (1(H) tbs) I S wished with 2 inch minimum unless stated: Idaho Russets 25 to 30 per cent and larger 5 75 6 00 Utility 535 Street galea Idaho 600-25 Husaels Onions: Supplies light demand (low market very dull Track sales: None Street sales (50 lbs) US I unless slated: Generally food qaulity Idaho and Ore- July and larger gon Spanish Sept DOES YOUR URANIUM COMPANY For ifitorviow phono n Iho obov 1955 NEW SL PRODUCE Eggs (prices by loose dosen): Gride --- s 41 medium 41 B — 43: A Urge large 38 Cheese: Mild loaf 18 mild longhorns I 38 mild triplets 37 Butler: 93 score 67 92 score 5 9s ’ score 64 AA Attends Institute Sales $1000 Close- - Chg 31 90 I) NYCnt 8 NYNHH 27 73 Vi total NY bond kales Friday $3870000 Markets in Brief 80-5- FRIDAY'S QUOTATIONS KtOiilnd UP 214s Ashley Valley Kuultv Oil hnglish till liiathelm Petroleum 'Morgan (las ami till' Oil Incorporated Three Slates Nal Cas 1'lah Oil Refining Utah Southern OU t ie llovalty Seneca Oil Gate: No 2 heavy white heavy sample red 764 Eggs— Wholesale uniandled producer 2 yellow track country grade for size 40 per rent Grade A A station Illinois origin) 2 47VT large 39 40 medium 34 36 gmall 29 30 nominalBarley Malting choice 140 Candled to’ retailers for distributor's 157 feed 1 04 1 18 Plant delivered 1 rent higher (cartons 3 cents higher)Grade AA extia large WOOL MARKET A A A A laige 45 4H Arden E Dresser vice presimedium 39 41 grade A extra large 45 47 A large NEW YORK April 15 (AP) — Wool dent of Boise Payette Lumber - — A medium grade A small top amt wool futures were easy Fri29 30 grade B large 38 40 Co Salt Lake City is particiday In alow dealings futures closed 5 of t cent to Prlcet to consumers in cartons — 1 0Wool cent lower May 1465 July 1435b pating in the 27th institute on -AA Urge 51 6T AA medium-415- 4 Grad 136 March 6b: July 133 0b industrial relations now“under grade A Urge 45 55 A medium Certificated wind spot 149 On A small 37 46 Wool tops futures closed 2 to 9 way at Belleair Fla The instiLive poultry— Brollris 27 29 fryers of a cent lower Msv 182 3 July 177 9 tute is sponsored by the Na3133 roasters 33 35 fiyris caponettes Oct 176 3b Dec 174 4 March 172 4b 39 35 37 roaster 169 36 hens 3b caponettes July tional Association of Manufac- -' 17 19 21 19 cross hens hens Orlifualed type wool light spot tops 185 5n b Rid n Nominal turers heavy type 24 26 Butter- - Prices to retallei grade AA K1 PORT OF CONDITION OF 64'f 68 gtade A 64' 88 glade B 62 64 & TRUST Receipts Butter 114348 cheese 104 156 eggs 9 409 poultiy 34890 OF SALT LAKE CITY ' in the State of ttah at the rlove of business on — April 11 195J - - ASSETS GRAIN FUTURES CHMI t balances with other banks reservo balance Including CHICAGO April 15 LP) — Grain fu- wild cuKh Items tn proems of collection $ 247968051 lures United State Government obligations direct and WHEAT - Open 2248624300 guaranteed Obligations of States and political subdivision S 02042574 May Other bonds notes and debentures : 92 442 000 DO July 1 94 Corporate stocks (Including no stock of Federal Reaerro Bank)! i Sept 1500 Loans 1 and discounts (Including no 97 Dec 18 312 725 82- -'' Bank premises owned $100 furnitureoverdrafts) CORN — and fixture S100 1 44 (Bank premises owned are subject to no Hen not assumed May New York Bond Market Sinclair SoP 4'Y Or 4Vk Oil! LIABILITIES IO6M1 Asked Bid - 15 (UPf— April April market CHICAGO MERCANTILE to date 4 Mi Industrials and Utilities 17 25 18 25 Sheep none nominal good ami choice wonted slaughter lambs quotaht ta 300-36- Worthngt ValeAT YastSAT Zenith OhioKd OhioOil Total NY stock aalea Friday ( Wool wo NorfAW NAmAvn NPaciflc NrthrpA DnmeM DouitlasA DnwCh 4 166 2 45Vi! 38 44 in 2 293s 205 21 Shee- p- Katlmalert salable 50 Small lots Light slaughter spring 65 72 lbs selling at 22 00 DENVER April 15 (AP V'RDA) Cattle UK) IniTiidea 3 loads led sleets bought to srrive sll classes nominal ( alves 25 nominally steadv (Ml Hogs laigclv nominal a few rhoiee 2'K) 270 Ih barrows and gilts trueked-l- 1000-130- 60-8- IMissnt p Dlonsanto Con MatG off FIRMS QUOTATIONS 'A 00-1- 5 PRODUCE MARKET 14 4 44 914s 9 54' 6 171V 6 51 29'A riopt tJn'I a nk (M IH largely of ranch and dairy type rows odd hulls trading glow few galea about steadv one package mostly rnmmerv rial heifers 1800 one load commercial rows 15 75 few useful heifer types to 10 00 00 bulk utility cows 13 comprised largely of dairy types tanodd bulls ners and rutteri unsold Calves — Salable non Hogs — Salable Si): steadv: one lot choice 2 and 3 254 lb barrows snd gills 19 50 one lot 1700 Sheep— Salable none 1000 at 22c hentucky-UtaHot) at OOC Gold Chain 1000 al 6Vc Park City Con 20(H) at 18c 57 It 1 2741- W 53V t 1 Vs 8 54 43V I FRIDAY'S QUOTATIONS (Ml 17 Hogs — Katimated salable 75 Maiknt 25 higher on butchers Sows staved 25 Cholre butchers 190 240 lbs higher 11150-125 Weights 240 280 lbs 18 (Kid head choice lightweight sows sold at 15 50 15 75 Most atiwa over 350 Ilia aclllng I mm 15 (HI down hast Standard 4 Midl’ntP Minnllnv f'oltjas t omt rd ( 4 B!fc! 8' - i 441s 49 L'nOlt al SLSF ENGINEERS 2- FRIDAY'S LN VESTMENT 18 IH) Cattle-Sala- 6500 at 30c 10(H) at 15c 819ti2529 NORTH SALT LAKE April 15 (t'DA l'SI)A Cattle- - hslimated salable 2IHI calves 25 Not enough ntferrd mi rrgu-- i lar market to teal prices Odd head atrlctlv chnlcr veal sold at 24 00 Few medium to good feeder helfera 16 50 LOt ANGELES stock illislnn tn date 1BS5 Livestock Market 21 25 17 V v'- - 1 50 Texast’o TxtllfPd TexGlfSl TexUtll Thrmoid ThmpPr McKAH MerrCAS MiamiCop t olBrdA 13V SvIvKIPd ennt p MdntvrP CocaOol 162 T LtlKGIaaa LMcNAL LiggAMy LionOil ChANW Bkt itvt'nn 2000 at lBc- I'k himulil IjUOtl a) 111 1000 at 14c I’k Premier 2000 at 5c Piute I r 500 al 27c c Intlkclr lntllusM BrxtIMv 4(k Prince 2000 at 7'-Pumper 83HHI at 4c SwatiM-- a llHHI at 18c TarBaby 1000 at IHc 4000 it 18c 2000 at 19c 1IHK) at 1'V Ttiit'ent 1000 at 3Vc 41HH) at 3Vc 10(H) at 3Vc TinStd 20(H) at SI 10 6(H) at St 15 100 at SI 20 500 at SI 15 SOO at SI II) W Alloys 2000 al 4Vc 2 IKK) at 5c 16 0(H) al 5Wc 3000 al 6c 2000 al 6Vc 1H0IHI al 7r 10000 at 8c 10000 al 7 c West Toledo 1000 at 15'- - c 40(H) Inspirtp BoraWar HdaptHs BriaasM SALES 1 000 al 7c BrislolSlI Bullion 1000 at Hi SI 75 500 al 11 75 500 t aidift tent Std 1 000 al 9c 1000 al 9 Bt 80 t hlef t on Ptil 300 nmstoek t'r A till 6000 at 1 non at 18e 1000 at 18c Clavton 500 at 32c 1000 at $1 40 2 0(H) t mi Kureka $1 35 300 at SI 35 t mil 500 al 29 hast Std 600 at 24c 500 at 23c h Utah 1000 at 219 hmp Miles 3000 al 4Mic (old ( I 4000 al lti0'-- c 500 at 38c Unwell 3500 at 3000 al 6c 1ml Uucen 5000 at IH-jhcnncltcc 1000 at IHc 1700 at 02'iC 6200 at 0c 1 (Hill at 90c llMi ill 90c Lakeside tUHIO at lilc 1 eonora 6000 al 4c 17000 al 10c 3 000 al Mag Ur 271HHI al lie 1000 at 20(H) al 10Vc ) 1 12c 45IHI at 2000 al 12'fjC at ltc 11HH) at 129C lOOtK) at lie 4000 al 13c 5000 at 11 Vic 51HHI at 14c 17000 at 14c 30000 al 13‘-- j Nev Tah 5(H) at 46c 8JMMI al 46c 1500 at 10's Phillips coming (o Soil loko City Monday April 18 and Tuesday April 19 with information about the largest development program in Lockheed's history 1 Z ti m a PGAE infrviwrs Of H2' m 0 I' j -1 "locDttitd :i j ruflol Wilhcrl lllislon ankt on ('Jose ItWK 2T to :i7i 20 do old rw 67 'HID Wllinno shares fiola Amci lean slcok sales Tiilal ' mlciH'k laht on I l I 22 All oAm Am Alt I AHiiU’ar Amt an Bucv-Er- cud anal 1 W W lose (’hg ( e Sw utiM'a 'I ii Halit 1 1m col Tmstd Admit it AirRedct AllfthlStl C Chief of US Steel Confident Over Coal Power Future u ACFTnd P Kibbe president said three million dollars was raised Atlastp AvcoMfft on sale of White Canyon Mining Co shares to the public The HldLllam llalt&O do pf underwriting group included his firm and Joseph McManus & Rathlron Co Houston Tex Some 260 dealers participated in the HeaunitM White Canyon headed by F A Sitton Dove Creek Colo will use monies raised for development of a mine between Hite and Blanding southwest of Monticello and for other purposes 65 U SilKW ol xilxhidd 04i Sdsiuul 03 lii't QUOTATIONS Sales in 100s Close Chg A The underwriters received 18 per cent of the money raised from the public whi)e members of the selling group got 11 per cent of that 55 i s Rut lto ilnn 21 Aw 35 UH) i QUOTATIONS Pi mi I'l ospi 25 71 4h '00 41 tOO FRIDAY'S A Viscose S3 Million ir omhUUl 5(k 4 iio Did hnO u Lis tun iiLh ado HO olHoxall urn h St- 51 6(Hl Avro Mfs McNeill Ltbb hrvtlei F L Jacobs AmTob field o AlliedStr AlliWhal have been I’mtcl TEN LEADING STOCKS engaged in negotiations with international Smelting & Refining Co on a program for joint development of the Eureka district Amt yan Am Lorn properties AMAKdv But Stacie McIntyre Mammoth leaser says the discussions AmMotal Mots have not been resolved Mammoth leasers shipped fluxing ores Am A ltd ASS to American Smelting & Refining Co’s Garfield copped smelter AmSmelt AStlKds during 1954 AmTiT A P one of the On 10O 22 0( hi 0il a j AUiedCh and Gold Chain mining companies FRIDAY'S 07 101 Huls 41 dc- - American Slock Lxehange FRIDAYS QUOTATIONS 16 2 00 I Nalmnw ide MJIx Fvihnw ori ( 74 42 rs sa nv ( new high for the period says the Bureau of Labor Statistics It compares with 236000 units for a like period in 1954 n ' Mon bale W 1 is I miMmn ton i reserves at estimated icp'd V io industry other benefits i o High it Sail Lake Slock Market Member of Nw York Stovk o i e 1 Monolith Portland Midwest lndav asked that bidding i eupened tot at'amie Wv n alumna experimental phint Joseph 1 I m'lght a direetoi and geneiil imiiisel tor Mono lull told a House government av ei ic ’I lines eombmei operations suhi ommittee that his was done ho firm would lee ot 50 stocks made a Inch otlei siihsiant 11 nime than lot t he li (i 2111)20 best level the SI 2(H) 01 It) o let etl hv the since Oel Hi 102!) and t losci al Cement Co ot Denver (17 at i!H7 lid up point s ork Slock Market C The steelworkers admit they’re having little success with employes of Utex Uranium Co (Charles A Steen's Mi Vtda nunc) where miners receive $20 a day room and board and si!irTn i ) j all-tun- e ' id t ini P sxt w proc-M- r e low-grad- Company Asks milk operative producers Bidding Tr ruled (AS&R-op-rrated- PANEL DECISIONS are part of the pattern reflecting efforts to avoid strikes and disturbances in a critical I‘orn DOW JONES AVER AGES Organization efforts also are being made at Ilomestake’s Little Beaver mine AFC-labo- r N Set 1 imi " nou tours service partment store sales last week”' W YORK— Anaconda Cop - l -rose 8 per cent aboye a year Mining Co has discovered earlier For the year the sales 'i ork pei ct'ssiv e session o! t hi a new me body at its Butte through April 9 were up 7 per Slock Lxehange and for the Mmu pioperties that may cent second dav the evv i oi k '1 lines pi ove to he a major industrial aveiaeg open cto mine it was anCMC Sets Record new peak nounc'd nday — General Motors' w DETROIT Inch lio tieen gl ovv oltinie 'I lie firm also said that still slowlv to continued mg tl'C amdhei enlargement of its Corp’s retail sales of new cars ami hit :tlt!ilhon sh u t's t he ant' X M uranium mill Is this year to April 10 set a new largest since Me eh Jo ami com scheduled tm completion the record of 1003821 or 452 per jlm 001 shaics last (piaitei of tins year The pared with more than like 1954 period cent Tlnit sdav Jaekpih mine east of Grants The gains w ('I e hioid toi lias “sewnal million tons” of tilth o the I i!irj aded to aminn m e in i even es lies Coimtnietion Rises w ei e highei mo vit'ie low i" AFC snvx the DC— HousWASHINGTON the tine e list'll mu hanged and 1251 of the details u'led I here were 117 new 'nulls ami ing starts in first three months rc- a national mine magazine otdv eight new low s of this year spurted to 295000— ot milk from 1100 producers ariitok Fleas-anGrove was named a direc lot of tbc ’co- ot V YORK nnl la -- Stocks Kridav tot the hi h sue-Nn- dollars The daily processes 1(1000 gallons N I Ni'w mil fi lion at mg house Hotel 1 15 allev milk producers Sales last year totaled n's o i business owner-presiden- ) The steelworkers recently lost Colo mill of the Vanadium Corp for no union at all An election involving the steelworkers was being completed Friday at the Moab sampler winch American Smelting & Refining Co operates for the Atomic Energy Commission i Appeals on wage negotiations at the sampler and milffruri by the Galigher Col at Monticrllo owned by the AEC are up for review before a commission panel a t Fd-war- d c Dairymen at the r Loup HOLLYWOOD — B is one ownof the seven Mayor ers of the Big Reef Cranium Co in Ctali a sourer close to the retired movie magnate said Friday The companv was organized about two months ago and has filed claims in every countv of Ctah this associate said Maver’s associates were identified h the associate ns Hellei San Francisco head ot Pacific Intermountain t Express Benjamin Sw ig of the Fairmount Ho tel San Francisco Clarence Brown Beterlv HilL Him di-- I rector Ben K lerei San Fran-ndersou () cisco attorney Salt Fake City mining engineer R and driller and Month Salt Lake Citv geolngts (Mr Haycock said the basic miners rate in the districts of Utah was around $14 35 a shift The union has asked the National Labor for determination of a bargaining unit at the Homestake Mining Co A hearing on the matter will be held in Salt Ljtke City Wednesday lead-zin- pi esx t s(i(-iu('i- kamas - of 1M9 hv in group— ot New Ore Body Found By Anaconda Copper v No 4—37 ixchanga Plata— I L Sxchang Sldg— SLCw Utah— $430971917$ $Jk500000 00 500000 00 ni18590551 profit TOTAL CAPITAL ACCOUNTS $ TOTAL LIABILITIES AND CAPITAL ACCOUNTS Thtu hunlr’a $sinltnl rntiRiut nt Common stock with total par value of $1500 000Q0 $47757097 29 463990331 Pz MEMORANDA pi edged" or SMlgned'ta secure llabintlea'aml'Tor "other purpoxes STATE OF UTAH County of Balt Lake William T Patrick being first duly sworn according to law depose and says that he la Cashier of the above named bank and that that above and foregoing report contains a full true and correct statement of th condition of the said bank at the close of business on the 11 tn day of April 1955 WHXIAM T PATRICK Correct Attest: HERBERT A 8NOW GEO J CANNON FRANK B BOWERS Axv--t Directors Subscribed (Beal) and aworn to befor t me this 14th day of April CLYDE D FURNER 1955 Notary Public Residing at Salt Lake Citv Utah My Commission expire Nov 2 1958 STATE OF UTAH Office of the Bank Commissioner 1 I Louis 8 Leatham Bank Commissioner of th State of Ctah do hereby certify that th foregoing la a true and correct copy of the state' meat of the above named company filed in my office on April 15 1935 LOUIS S LEATHAM ' Bank ComuUaalonar i £ f ay J) I |