Show The Salt 10 D TICKER POW-JONE- S Sm - i sort it ted rr-- i NEW YORK May help for copper fabricators pinched by the shortage of the red J hietaF was’ promised this week as the government nounerd It will divert 10000 A By 14-M- ore ‘Caul inn Urged BOSTON — Those New Eng— Phileo PHILADELPHIA commercial banks which inland net first Corp’s quarter have been easing terms on consumer loans are "strongly IF YOU HAVE LOW CRADE urged" to use greater caution Ut (In in a letter sent to all hanks in INDIAN CREEK URANIUM the first district by J A Erick&0IL CORP and son president of the Federal -- FAIRWAY URANIUM Reserve Rank f Roston hW fhttatoif iipgroJ- "Sdme” banks in 'the district y Rrcii tan hnfit y Ur Mr Erickson said have been relnfrmtln writ t I Diikon laxing down payments and exSalt til) S IStk tending maturities on time lit Utah City lk sales ' nolthor tit Oitrlb consensus is that the worst of the shortage ha? been seen It was noted In the trade that fabricators have stopped paying premium prices for nearby metal London made ncw again this week The Rhodesian Selection Trust announced that for the next 30 days it would sell copper at 35 cents a pound —a figure below both Iindon nietal exchange quotations and the US price of 38 cents The announcement unsettled the London market for a time but hy the end of the week prices were climbing again Major metals prices: Coppar— id cent 31 39 90 mk fnraign V 14 lad— 19 rent cnli — 12 NO URANIUM CORPORATION M Ioul rnU rent n (j Public Offering— 7500000 Shares Non-assessab- le Per Share Par Value — “V rCommon Stock Offering prf— URANIUM MART Principal Underwriters 403 South State Street Salt Lake City Utah Dial MAIL TWX 43 COUPON Nw pound York Et SI pound York a rent pound ihtppini point pifti 21 90 rnU Antimony — 31 07 rant pound raied (la (ban rarlnad total Now Vork: hulk 2H 90 rent rarlota produrr’a plnnt Mannee ora— 7 80 rent a Ion Ion unll (22 4 poundai India ora r I f I1 S porta duty antra’' On loni larm 7 ft rontracts from olhar aourpaa cent nominal Karromanianaaa — $100 a nat Inn ahlpptnf point NUkel— 64 90 ranta a pound alartrn-Ivtlralhodaa Port Colborne tint US duty Inrludad Platinum —176170 an ounra Mlver-- 89 79 ranla an ounra Naw Yoiki 77 2 panca London Tin— 01 90 ranta a pound Naw York Qulikallyar-r670- 7 a 7$ $110 flaak poundai Naw Ypik Tunuten ora— $11 90 $32 ft (on nlt (20 pound!) duty txtr 12 90 Nw -- SU-S- 6 Please send Offering Circular on Greenfire lot N Address State URANIUM CORPORATION cus-ye- ar w'cll-foundr- y Grand County and Emery County AN OFFfRINO REVIEWING THE WEEK'S STOCK MARKET Mr Marlin MavdJc Rijlit ‘Slrecl’ Finds STOCKBROKERS-UNDERWRITE- 165 inclined to believe that if of-- i ‘"I know he ain't disturbed’ fermgs became heavier on the sa'd the horseman ‘But you the averages rouid ijusf keep raising that "taker and NEW YORK May 14— Stock decline get to the point where he of the first have any more moncy t0 prices this week on the lightest challenge the lows volume this year sustained the quarter 'bet’” largest losses in ahout two WALL S T R F F T F R S now Something of this sort our months Some technicians were contends may be observer think that last winter they may in Wall Street taking place have underestimated William 4 Until Jan when margins Mct hesney Martin Jr chair-man of the Federal Reserve were raised to 60 per cent an Board and his power over the investor wanting to buy 100 stock maikct At that time they shares of a stock selling at 100 his sug- - had to put up only $5000 Now generally gostion that an increase in mar-- tjat stock is selling at say 150 gins from 60 to 70 per cent on1 If he takes the profit and pays top of the January advance his broker he has $10000 left Monday Tuesday and Wednesday Only from 50 to 60 per cent would do Set aside even $2500 for taxes and he still has $7500 much to cut the volume of CLOSE-OU- T OF NEW WEBSTER However if the investor wants vol-'thc market apd buy fact the that Discussing ume has been dwindling stead- - another stock selling at $110— ilv since the reserve board with margins running at 70 per raided margins last month one cent — he doesn't have enough To Moke Way for New Models veteran observer remarked: money Model 101 Was $36ff5-N- ow OTHER THINGS being equal "IT REMINDS me of the time the Illinois Legislature it is beginning to appear that when Model 116 Was $18450-N- ow was fixing to increase the state's the rise in security prices in 'take' on mutuel betting One the last year or so has made it Model 205 Was $22SOO-N- ow old operator from Washington easier to sell Conversely the Many Still In Original Nothing was down in Springfield rise in margin requirements is Park Wilii-Ga- y Alsa Used WeWar Irvik Sever A the increase vigorous- - making it a little harder to get protesting W Seerdrs Some i lw a ly Said country lawyer: ‘You iback into the market The that everybody that goes ume of trading seems to reflect out to the race track takes $10 this Some Wall Streeters fear that along and expects to come back with $100 lie's not disturbed if it continues to be easier to 158 SOCIAL HALL AVE by thefact that the state's ‘take’ sell than to buy the prices of goes up from 10 to 124 per stocks may begin to go one way some day— and it won't be up cent ' John G Forrest New York Times Writer By FOR I GUSS URANIUM RHONE Gaiger Counter is original in ijs achievements It is used for assaying samples of ore for probing drill holes up to 1000 fU for grid map work for prospecting from a car or jeep and for prospecting from the air It has six scales is rugged simple to operate ruggedly constructed and is field proven Reel is 1000 s250 J ’ 00 Published weekly with the aim of helping you increase your profits and cut down losses by information on imporfurnishing tant new developments URANIUM WEEK IN REVIEW gives you a summary of the week's uranium news as well as pertinent comments on prices and outlook and includes a con- I ROTTER I ContUmon I URANIUM I Salt Labe City Phone Utah 4 84-11- cy nd m v CORPORATION S'o't Nnrii Mv Pnw-Jon- e 14-T- cirtular 111 to SWEDES j Addreit S‘a' Zone City I TffUphon URANIUM CORPORATION (A UTAH CORRORATION) Offers to the Public 300000 SHARES Common Capital Stock w at PER SHARE $' PAR VALUE NON-ASSESSAB- rtm he LE IIMpid q (& Underwriter Salt Laki City Utah 408 Beason Building Dial OFFERING CIRCULAR ON MAJESTIC SEND Nm i AE4ru -- csr Salat May B IHattad Only by Service NEW YORK— Public Service L'o of Colorado has filed with $EC a registration statement covering its proposed offering at 303000 additional shares of common Maamt j J at tha OHtring Clrtalot v?jdk£) URANIUM mvs® COMPANY Offering 25000000 Shares I Common Stock Stockholders of Propartias: 125 mining claims located in Crooks Gap ara of Framont County and Sweatwater County Wyoming Congress Uranium Corp Tho (Jrt Uttar to to(khl4rt will bo moil4 goon Ownort who hovo ttock not yot In thoif nan or roqvottofi to hovo atock IrtailtmE to corroct nam 1 tho Information company will thm r(h 408 DAKUN6 ti ( Proposed Offering I j Addrtx ! City Utah re-ent- AMociottd rr following tublo gi operating rraulta In mator In and th lalral nrrk togrthar with comparison ol finanrr linn wun iht pirrrdmg weak and a jaar ago Latrat Wk Prav Wk Yaar Ago 6 96 7 Steal prod c'V of cap) i 70 0 740 9 19 i ai loading 710117 6470X4 freight Mi 164 382 378967 freight 317 SG4 224 917 nto prod iunit 211796 191706 8 700000 8 600000 Soft coal prod ttoni 6 R2HCHX1 t Hide oil prod ihblm 6 4 ft Jon 672V 200 6 320 800 $498 74 (XXI Kncinerimg awaid $380J‘S (X0 $144 049 000 96 6 09 2 l’aier piod c of cap ' 03 7 r of cap ' 97 0 1’aper board prod 67 0 '60 11 041 760 11 966600 Stock salra ighares’ 10 007 689 Bond sale (par alue' 17802 100 $19063 0(8) $16909 VOO Bus failures inumber' 237 212 206 W bolesale no 4 1104 prices iBls Index' 1110 9 586 OOO OOO Klee power prod ikwhi 9 690 OOO OOO 438000000 18 822 860 OOO Bank elearlng 21938944 000 1S916191300 99 981 000 000 IVmand deposit 96 969 000 000 000 940470) 22 607 (100 000 Business losns 22 949 000 000 22 149000000 763 000000 Vxeea resell es 476 000 OOO 710000000 21 671 000 OOO 21 671 000 000 Treasury gold atock 21 970 000000 ft OOO OOO Brokers loan 2 069 000 OOO 1 761 000 000 292199000000 Money in etrrulatton 29764000000 29 juOOOoloOO I CO Nomo 33 Salt lak 1 lk BEYHOLDS CO ‘1479 So Main INVESTMENT UTAH CO 3rd South flvau MOAB ALRINI te S12 Atlas BM- - Salt City Uth to on your mailing list to rcolv your wooltly “URANIUM J RImm WEEK IN REVIEW ondoritond tool no ckorg will bo mod City V COST densation of recent company reports Order yours today without cost Indicator Reel tachometer with 500 ft cable and probe v ites Yon to Receive up-to-da- ft of cable and has foo- tage UTAH SU 471 URANIUM WEEK IN REVIEW light in weight takes up to a minimum of space will accommodate to LAKE CITY Their Original 29 850 up MEDNICK BLDG UTAH SU-1- I Nam B NFVV VORK TELETYPE WITHOUT UC-- 3 DC-- 3 SALT 9S 1m PROSPECTING The Basic I loit IAS Last Week in Finance INVESTMENT CO 111 ATLAS BUIIDINO Tltyp 22-56- 07 poo-poohe- d o Uranium Stock Brokers SAIT LAKE CITY BROADWAY RHONI 1 UC-- 3 FROM RS MOAB OFFICE— ARCHES ZCIII Audio Visual Dept -- EAST Rhon wt TAPE RECORDER SALE 150 Social Hall Ave Utah MAT B( OBTAINED CIRCULAR GUSS & MEDIIICII CO vol-kno- Th tmumt gran® ng I a MODEL ij V i V) vJ $20000 $9950 $15000 Name City y 1 ELECTRIC EKO TAPES FOR YOUR OFFERING CIRCULAR n X’ 4000Q0(r c Utah Corporation) (A pound daltvarad nominal Nawr (nil j -- ffr - Walter Sondrup & Co Zinc to buy nor aollcltation to toll tho ttock bo low i auch otforlno It inodo only by moon of tho offorlno circular rrdnl' V Aluminum— 21 20 Hr 1 j Ioul Tkli s Unl11 Pn)mot Income Lex cl Slaxs - Topa o J appointments of other officials Fpcdftl to The Tribun family for thref generations Mr Peck's grand- IIuno- May uClvde W to key positions at the mill father crossed the plains in a covered wagon operaHis grandmother emigrated to Utah in company Vassar Saturday was appointed which recently began with hand rart pioneers His father spent most assistant geneial superintend-o- f tions his short life pushing tram ears over tracks jpnt of the rocentiy expanded They include Walter E Harinto mines In the Tlnlic area near Eureka deled ris chief plant engineer Verne of 1) S Peck was horn in Salt Lake City Jan Neb CS W Thorpe chief accountant— Not only does Mr Peek believe in the Rxiom 23 1909 to Richard Carl and Margaret Saunders Western Steel division Utah Don M Northwood super He attended Tintic High School in Eu-- I Steel Corp He has lived it For he began his career with Peck fnf4-j The ’’executive Is a native of’visor of industrial rclaildfis It the huge transportation nrm a4 a bus' driver leka then at the age 07177 became art LDS in UP lhe ransit addfr sipnary serving two years Kan and has had near-- L Carlson Jr supervisor of untl1 oday hc 'ur'Ty oycra- P ly 20 years experience in the ’plant protection and safety tions of three of the most immal'rlal c°"tro1 rp'pondenfe !h' 43 courw cn(!"y‘ "1dusry' 18 portant of National’s at0d foreman O S Stark malntc ?n'01' from Brigham Young wholly owned subsidiaries Western operations Berkeley to his On return nance superintendent and John "I took the bus driver job versily Calif in ‘‘For he enrolled dasses Utah he Rexplains Basich general foreman- gratefully" M Thomas genera! plant at the Provo college but the it was 1934 and the depressuperintendent also announced large diameter mill sion years had made men depression required him to learn to be grateful for emgive up studies and help his of kind" any family ployment VVAW V vVvyry WAV V V VV In 1932 he married Mar-- J ‘‘As I drove my daily bus route I told myself that a garet Ilabermehl in Salt Lake! successful man is a happy City The job as bus driver sj followed in 1934 Four boys man I decided to make the one just completing a four- best of my job hoping that BROKERS sucwould year hitch in the US Navy gain good work i Active Trading in and a girl are the pride of! cess for me and my family ” the Pctk home at 1233 La-- ' That his work as a bus J OIL MINING and URANIUM STOCKS Von Dr driver was recognized is evivi 1911 Liihhlii'd denced by an awafd given "Public relations" are the' T of one was i him in 1941 He most Important pait of Mr Suite No 1 Stock Exchange Bldg Dial: the first three American bus Pock’s business he explains Salt Lake City Utah and he has projected this operators to win a National Safety Award phase into the communities ' M ‘A VVV in which his managerial to do This prize a des-irI SAr stock1 WKE MEM?tR duties take him well at his Job and a happy He is a member of threci disposition which pleased patrons added up to the "op- Rotary Clubs active in traffic planning groups a Champortunity that came" Mr NEW ISSUE NEW ISSUE Cfk w mad( a RUp0rviSor ber of Commerce supporter SHARES and dispatcher for the Utah Wheels have been in three cities and has been foreUo Light and Traction grnmcant Jn history of his family acthc in MIA and Roy Scout runner of ihe present transit projects in his church "The public is what makes our business” he system in Salt Lake City Positions as chief supervisor and later super-- dcclaros And It is onIy riRht that we try intendent followed when National purchased 0 pontnbutp lo hpm ny ay possible just the old traction firm COMMON STOCK In 1950 Mr Peek was selected to manage as tbpY contribute to us" "We welcome complaints from our the Sacramento Calif city transit system A1 PER OFFERING later’ he went to Spokane as manager of'tomers" he says “A complaint PRICE SHARE the National City Lines subsidiary there Man-masuggest a way in which we can improve agement of Salt Lake City Lines followed in our service to the public and it is one way that The buitness of the corporation is the explora1953 and he later was named to his present post a customer can take an active part In our busi-a- s tion of Uranium mining property ness— which after all is devoted to serving regional manager The corporation holds diversified acreage In “Wheels” have been a mainstay in the Peck him or her" "Prepare for opportunities that may come by doing the best Job possible— no matter what position you may hold today" The philosophy is that of Darrel Saunders Perk regional1 manager for National City Lines In Salt Lake City Spokane Wash and Lincoln lr - US Stcfcl Names Executive For Expanded Pipe Plant More Than a ‘Wheel’ D S Peck Fabricators come was about the aame as in Kaiser 1954 despite a 15 per cent dePHILADELPHIA Steel Corp sales for the fiscal cline in sales Salod for the Initial period of year ending June 30 will likely be "a shade under" the 128 1955 totaled $9(1825 0(H) commillion dollars in 1954 accor- pared with $113777000 for the “ ding lo Alw'ood'AusUmvice presi- 1954 interim' said' ‘James it Carmine president dent and treasurer For nine months ended March 31 sales of 88 million dollars Reducing Debt dol99 million with compared YOI1K— Pennsylvania NEW lars in the year-agperiod Railroad which cut its debt by 83 million dollars in the past $700 Million two years and its fixed charges WASHINGTON— The tightensome $2500000 expects to make ing money market will force a further reduction this year the treasury to pay out about icc presiDavid C Revan 700 million dollars in cash to said in of finance dent charge complete its refunding of 3 9 mind fact in have ‘‘we that the million dollars worth of secuone of the contributing factors rities coming due May 17 in puttiog our stock bark on an investment basis Is to get Subfririicft? No! more condebt down to our CLEVELAND MISS -Sa- m-ucl servative level ” C Waugh assistant secretary of state for economic afIncrease Account fairs has dashed cold water on the idea of federal export subFORT WORTH— Plans for Insidies for cotton creasing capital account of the In a talk to the Delta Council First National Rank of Fort Mr Waugh avoided flatly op- Worth and offering of an addiposing export subsidies— but he tional 100000 shares of Mink said any such efforts to promote will he submitted to holders at cut rate sales of US cotton a special meeting June 7 offi-abroad would collide with US cials announced foreign policy aims Dow-Jon- e Tribune Sunday May 15 1955 IIUSIMCSS rOKTKAIT Help Assured To Copper Kaiser Slcel Says Sales ‘Slightly Off for Year Lk BUILDING UNITED UTAH URANIUM BROKERAGE CO Underwriters 524 Beason Building Salt Loka City Utah Offering Price Par Value fer Share Rln fl inrf m Nam 22-58- n Wind Rivor a St N City Horinj circular Ph TWX:SU nE Stwt 51 66 Urnium — C - |