Show Lake The Salt Up and Down the Street Wednesday March 19 1958 Tribune Salt Lake Stock Market New York Stock Market San Juan Mine Produces Bulk of Hccla’s Profits Dow-Jone- EGGS a Desea) Furnished br J A Hoele A Co Member of the New York block Exthan Velum Rovrlr flam A 10 Noon 1 pm 80 WH) 1 3 lvrtO O0 2070 OoO 2 60 60 35 91 445 446 446 443 (XM) 2)0 pm pm Halts Indue OOO 1 '040 CM) 104 104 103 104 04 OS 84 04 mil Cleea Che 447 34 Dow-Jon- es 4- 1 Anacond 81! 87 48 127! eft! 25i IIECLA ALSO operates on the adjacent "Hot Rock" claims ArmoBt ArmorC for Radorock Resources in Jttie district And the Hecla report Atchison discloses that drilling of these properties to date has developed AtlRef AtlaaCp reserves of 31210 tons of ore assaying 40 U308 This ore will AvcoMf BaldLH cross-cu- t be mined by a 2000-foo- t now being driven from the Balt&Oh Is estimated BaAhlrn Radofi to the "Hot Rock” ore body The cross-cu- t BeUAre to be about 500 feet In on Its course BndxAr Ilecla’s affiliated Polaris Mining Co (55 per cent) reported Bnguet Bett&Co net Income last year of $199236 or nine cents a share: This Bestwall BestFds comnares with a net of $334491 or 41 cents a share In 1956 BethSt Blaw-KCo Bunker Hill in The firm also owns substantial Interests Boeing Borden income of which was affected by reduction In Bunker Hill 44 43 14 18 36 6 11 21! 24 121 48 BuddCo Burlgtnl Sugar Changes Dividend Basis U-- I Directors of Sugar Co placed common stock of the firm on basis They also declared s semiannual dividend of 20 cents a share payable April 19 to stockholders of record March 3L The firm had been paying on an annual basis generally with a special dividend toward the end of the year Last year at this time U-- I Sugar paid 20 cents and a 10 cent special at year’s end lor a total of 30 cents a share In 1956 the firm paid 15 cents on common at this time and a 10 cent special or 25 cents a share The Implication of the directors resolution of course is that in placing the shares on k semiannual basis a payment ip range of 20 cents a share will be made In the last half of 1958 This is not stated directly however as the company said only It was Utah-Idah- o dividend policy estabnshIhg“a“BemIahhuaT THE AMOUNT of the declaration was not set on a semiannual basis In any event many are looking toward payment of cents annually from the firm— at least the market thought shares went up somewhat Tuesday on the Salt Lake ' Stock Exchange The Tribune also was advised the I looks toward somewhat Increased earnings not only for 1957 but during 1958 as well climate conditions and other factors being normal 40 so as U-- I U-- 1 SantcFe Uranium-Profit-Notev - d The annual report of Atchison Topeka and Santa Fe Railway Co discloses the line’s subsidiary Haystack Mountain Development Co had profits of $416919 from New Mexico uranium mining operations during 1957 The Sanfa Fe’s net last year was $61941791 versus $70213-17- 1 for ' - 1956 4- - ButteCp CalPktf Callahan Calumet CanDry CanPae CaseJI CtrplrT Celaneae Celotex CerodeP Crtn-t- Vk ShxronS 4 M 33 ShellOU ShellTm ShellrMf SlnclairO SkellyO SoconyM SoCalEd SouthnCo South Pc SouthRy SporryR StdBmd StdOCal StdOInd StdONJ BtdOllO - H H Vi Vi H Vi Vi IntHarv IntNickl - IntPapr - IntShoe IntTAH hlCCoal -H JntM an JoneaAL JoyMfg Ye KaisAiu KanCSo H KelaeyH - d ChnBelt ChncVgt ChesAO CMbPP dopfd - Ye JV H Vi StuffrC SIrlD IiH V 07 It3 IBS 18S 30 49 H 4 84 H 88 30 89 34 33 16S 3H 3BH 37 H 33 H 1BH 46 H 3 4VS 3 B3S March May Itro? HAMILTON FUNDS ' r f fSl rat 4t per share DUTMo DomeM Douglas DowCh Dreaserl DuPont DuqLt EastAirL Faatman EatonMf EAuto L FlPaoNG EmerEl EmerRd iron scuritli profit Over the Counter Tuesday’s Quotations 7 43 Vi 3 S3 2 47 from V Apr! 30 Y)5t fa sn danMdan of reewd Aptt I 1953 oi SAY M BOYACK HAS Mmybyg WeFrict H y hthr Pabst Fight Won By Alunagcmcnt a the fight butter 317000 "Proxies in hand and firm pledges from large stockholdIDAHO FALLS (APUSDAV — ers have given management into offerings mode rats moderate wire inquiry alow firm cmh track4 more than 51 per cent of the Potato Market rn“To'oy 'outstanding per cent 4 40-- 6V 70 cent Including extra Is 4 65-- 4 7Si per bakers too few to quote: prices to growers trading from bulk per ewt UP V— Butter— at growers cellars to be washed park CHICAGO March IS bails U S 1 moitlp 3 or 4 oi Irregular: 14540(10 Ibg D7 and 92 scorn out min alia A a few IH or 4 ns min 54V 90 acort 06H 88 arnra MVi 3 60-- 00: moaUr around 4 00 3s 3 80--carlo ta 90 scor 17 48 near MVi 00 Potatoes (eld)— Total US shipments 401 0 stock ” said Harris Produce Market Since 1C99 of Securities Investment Quality Edward L Burlon & Co EstsblubU 1899 160 S Mata Sail lAi City Dud ELgia 32914 Utah I 2 64 13 28 32 41 Metal Prices 117k - 11 30 H- IHI- W 7 - H 49 H- i- 17 431 17 H- I- H NEW YORK March K (AR) — Spot nonfrrrmii metal price Tueadari Capper 23-1- 8 cento a pound Connecticut Valley Lead 13 cento a pound New York Zinc 10 cento a pound Eaat St Louia Tin 8 centa a pound New York Foreign silver 847 cento per troy ounce New York 1H1 SHI-J1- 61 41- - 650000 shares to 1956 date H 13 gine 10 Wool Market -7 llfll 26 H 761 6H 4 361 I ToUl American etock sales Tuesday lead 24 07 88 638 Copper V 31 31 H II 3H- 141 lettlemeai Prlcei 9 6H 4 SI 16 H NEW YORK March 1 (API— Wool tops and wool futures declined Tuee day on commission house seiimx Wool futures closed 1 $ to 1 5 cents March 120 (IB May 121 5B July 121 120 8B Dee 130 3B March 118 8pctday 119 OB July 118 0B Certificated wool spot 121 (IN Wool tops futures closed 8 of cent to 1 8 Cents lower May 161 2B July 181 OB Oct 184 8 Dec 154 OH March 183 8B May 143 oh July 183 lA Certificated pot wool tope 151 ON B Bid N Nominal 7k 8200473 New York Pond Market Tuesday’s Quotations Call me vp BUY A FORD - There’s a 0imo vhon profit lias no place in fho picture WALTER LARSON AM 3850 000 1904 to date $262 406 800 ToUl NY bond sal eg Toetday Total American bond eales Tuesday $50000) 105$ to date ft4775000 1 fellow ” quotable' U 1JOO 1 ft— aw eff ice gpeca Utilities and Janitorial lervite 0 Ceavoniont parkin vailabl Completely air ganditianad N) Informotian Call (chert A fetenee ' Aveiloble Win ef PACIFIC NATIONAL LIFE 411 L Seotk Temple that iin't I get the In America kiwsjicvwj'i a managed ii’andou investment 80 common for income fund holds over stocks selected m is tim to think al sponsored health plan there is a return of more than 90 out of very benefits as provided by the hospitals and doctors of Utah Shield Because it IS u dollar 30'J-- E doctor-hospit- al hospitals and doctors Across the natiqp one out of every three people or members in Utah there are more than 157000 members Give your employees the y?aMa wonderful feeling of security that comes to memShield group plans bers of Blue sponsored by - let without obligation profitable to G e let your Blue Cross-Blu- e NON-PROFIplain to you how MANAGEMENT CORPORATION bool non-prof- it non-prof- ” Cross-Blu- amlliotV the only i in service Cross-Blu- e mor benefits Shield get more for their money Blue the Members of Cross-Blue Blue is the Shield health And remember program in at less cost I only income Utah and growth possibilities Choice of lump sum or monthly investments Send for free information T Shield representat c con be lastingly m 1 your company I —A r— If f o IN HEALTH Addreit C © PARTNERS Noam 24Vj EqjI Slo fo v JPS e- founded on profits Mr Employer but when sudden illness strikes about “mark up” Your concern is "Will my employees ond the core without a financial burden?" needed hospital-medic- business BluCros-Bl- Fleeie send proipertvs New-N- Ow Your 21 Cash Grain EM Ml IB SOi Salable 4 500 wonlnel slaueh ANGEXPS March IS (UP ter iambs steady to 23 fnod fSMNS V— Eggs— W holes uncandled and choice 22 25 shorn lambs steal?) to producer graded for sue 40 per cent food and choice No 1 mostly fall — grade AA large 42 H AA medium 40-4- 0 pelts 33 5022 75 H AA gmall 33Hi candled to retail-erfob distributor plants (delivered 1H cents higher) A A extra large BOH-5H A extra large 49H 87 H AA large 48H-44- H A large 41 H B Urge 37H-79AA medium 42H44H A medium 38H40Vi A small 31U-33In cartons to mnaumera AA large 84-4A Urge 49-5AA medium 81-6A medium 46 87 A small 47-4- 7 ailCAGO Mach 13 (A’i-T- he Poultry — Kryera (at ranch) 27 27 present management of the era 27 29 tat fry Caponettea ranch) hens croea 17 18 Pabst Brewing Co claimed viclight type hrni 18-1- 4 Butter— Prices to retailers grade AA 7 71 A 47 49 B 44-4- 4 proxy tory Tuesday night In blew-er- y Receipt— Eggs 10104 poultry 420-00- 0 for control of I OS 20 eildie 4 Sheet— Salobie iO few wood 81 shorn feeder lambs considered Steady at 31 50 others srnrc OMAHA March 18 — Ho— babbit 7 5(h: market 25 50 bilher US 13 190 240 lbs 31 25 21 75 mostly No 14 31 75 22 35 Cattle — fUUblc 1 500 ealves 73 steers weighing around 10 0 lbs end heavier and most beUrrs s’ rein x to 23 cws choice steers 27 higher £j! 1800 utility and commercisf firm 1b 21 104 60 Mrniwr i market Mlnlny Tuesday’s Quotations Vi 4423A tok Wto Oty A not fully short load mixed grmts K)l 240 lb barrows nd loc!!yfed considered 50 higher than 9mry Mon avows day at 2100t no early pole estahlished SL Produce V D-- guiGsaihsya MANAGEMENT CORPORATION itockiri 3Ubti 325 56 prlve ejs:::zss area vritie profile 24 00 Hossr-Sala- arrivals 90 track 414 Supplies liberal! demand light: mar ket unsettled Track aalet 104 Ibe U S onlraa Eggs (prices br loose doxenlt stated): Idaho Ruiaeta U S extra 1 6 IS AA 47 A large 41 medium Street aalea— Idaho Ruaaata Including 41 Grade B lar 34 U S extra 1 9 BO? bakers U S 1 Cbeeaei Mild loaf 41 mild longhorn 354 75 few 17 M mild triplets 41 Potatoes (new)— Sunnites light de- dllButton 93 score Til 93 score 49 mand moderate market eteady M scort 47 78 paStreet aalea— Burlap BOa 3 per! 3 2 5 3 70 U I commercial 75A 8 80 US IB burlan paper 3 003 Onlona— Suppllea mrxierate demand moderate market iteady Track aalea— Idaho Yellow 8pan4h Mini in US 1 Duality and larger 4 35 Monday's Txesftay bank debits $28 418 679 00 and larger 3 90 U 8 8 34 24B 19ft 00 Sams day last year 47 Street sales— Idaho Yellow Spanish Tuesdays clearings 2)2h?56 80-88 4 36762014 03 Sams day last year and larger H 32 67 21' 37 TO? LOCATION per shar 1 UF- I OX ANGFIE8 1ft Msrcb !4Vi FSMNS) — Cattle— Sfllsbie 700 small 10 1 17H showlnff slaughter stceis xnvi helfost 1 18H kst active than mentlyj not cdoukIi IndlcaU trssmi 115 Vi sold early to bulls Stockers srarce about steady bulk and feeders scarce untested utility cows 18 50215U few mixrtl canners 22 00 ulilitjr mart roTnmmial and cutters 14 8 V) few utility n4 commercial boil 2l 00 2tO t a) ves — Salable 2a slsuxhter calves rather alow few standauf and food4 793 H American Stock Exchange SERIES " Inconre 1 3 Vi& i from ordinary 114 no market 1 1 " 8 per share 10 from ordinary inconw I 1BH 1S lio'i 1 147 13H Vi nof 10 Snybeiani— fZnna 114H nominaL H-- H H 301 i 7 35 DetFHia 46 H SERIES n lrt individuals Karce 30-- 4 o CHICAGO March 13 (UF) — Caxh grain close 14 heat— None: Com — 1 yellow 1 I8V I yellow 117H-118111V 118 4 3 yellow 5 yellow S7H-10- S yellow 96H-11- 4sample yellow Onto— 1 heavy white 74 74 tit 3 white INC 14H 1 18 I 17 1 1 14H 1 16’ 1 17V 3 XUH 3 22 V 1 01 1 94 t0 Acres (QUARTERLY DIVIDEND 14 Vi 17 Va 1 V I d - I Dec Oats 92 8SV 3 00 H 196 3 til Vi J4H 1 1 Investment e r t 2i 4 CO 4 1 3 3 V 14 2H J7H 93 iiH 1 00-- VITRO URANIUM’S contract for processing of uranium ©res and sales of concentrates to the Atomic EnergrCommfsslon extend to March 31 1962 The report notes the affiliated Vitro Minerals Co last year claims in the Gas Hills District acquired a large number of of Wyoming bringing total claims owned or under option to more than 200 in this area A total of 247000 feet of exploratory Lake-baseexploration firm drilling was conducted by the Salt In 1957 AoofW 1 3 8 ’ ' 34 34 1957 8825 hn’n 'fd 11 ' 0 V©lt?r and UHk CrtKes ulnAt stesnv few (S(oit Vfaters 2r medium to gw4 slot k sirer roives 2" 22 iSnluble 1(H) butcher hoxs W Iwrmwi buiN vmxed US 4 2d22 q and xDta ly 1 3 gisde thnte No la 2)00 few 2 1 aerxde i'xv of 32 Iba 21 50-- 00 very 21R-4-w lb of feted about steady) few fertnxs 17 00 16 00 test of &heep— Salable nonet Bank Gearings Salt Lake operating division al Vitro Corporation of America is engaged in an intense study concerning diversification into lines other than uranium reduction A part of the survey covers possible use of additional circuits t the Salt Lake plant not devoted to uranium processing for employment in beneficiation of other metals or materials The Tribune learned if Annual report of Vitro Corporation of America discloses: gtduyhiff 5) 00-- Clark Eq CocaCla Colgate CoioFAI ColBdA ColGaa ComCrd ComSolv ComEdia ConsCop ConFdia ContBak ContCan CntMot ContOll CooperB Com Prd CraneCo CrownZ Crucible Cudahy Curtisa Cutler H DeccaR Deere DelAHd DlLcAW DAF O lease sale herer Tuesday for a Leases of $15193793 in bonus SANTA FE NM March 18 total '(A’)— A total of 8825 acres was payments and first year rentals leased by the State Land 6fJ There were 21 sealed bids and fice at its monthly oil and gas 16 oral bids offered at the sale 93 87 1 July Sept —— “ SALT Ilnnunt 7000 at 4 Viet 3 000 at 4 He Firms OOO 4ct 3008 at 4Ve 3 at 4Vcj 8000 at 8000 at 4 Tuesday’s Quotations Bullion 1000 at 4c CardiM 100 at 1 80 SOO at I B5 100 at 1 Mi 100 at 1 80i BOO at 1 80 300 1 Bid Ask ad at 1 40i 400 at 1 40 300 at 1 40 ’ I 8 64 4 31 Colorado 3 OOO t 3 Vic Affiliated fund V 1 4 14 000 at Am Bualnea 3 91 '4 Cumblnad Mctalx — — 4 77 1000 at to Atnmle Dev 4 37 Commonwealth 14 71 15 91 I und Comstock lOoO at 10c roaton fd 1984 Consolidstnd 3 urnka 1 V)0 at 976 II 10 12 00 17 73 14 01 Canadian fund lne Draton 300 at 81 He 100 at 100 8 24 Cnmwlth Invest E Crown Point 1000 at Be tInver“731 1 H0 at 6t 4003 ft rnrrflcd fcs4 Standard-2 74 3 63 Dividend Shirei 6c! 11 000 at 6 Vie 33 10 03 Qreyfua fund Eureka Lilly 3000 at te 11 74 30 79 Grand Dapoait 1000 at 3c I 0000 at Eaton ds Howard Pal Howard Stic 14 93 30 21 faton 3 He 440 4 41 Electronics In -Kennebec BOO at 93c 12 97 M fund S II 000 3c fidelity at 000 at Oil lc Majestic Fncl Ind fund 3 87 334 10OU at BHc: 1000 at Sc 8 01 7 37 Mono Kaaraaraa SOO at 37 cl 1 000 at founders MU 90 2 tr 18 17 fundamental 37cj 0 OOO at 38ci 313 at 37c 10000 at Com Stock fund 44 11 64 10 3 000 1000 1300 at at 38c 3 Bel 3c: — HC7 4 fd 400 Hamilton 37 7 at 38c i 000 at 38cj 13000 at 3Uci Hamilton fd H DA 394 4 BOO at 38c Incoma 144 IT Incoip Moscow 1000 at le 7 01 1 5 Incorp In vl B 1 Naildriver 1000 at lie C 09 1ft 14 27 Keystone f Nelson 1000 at 14ct 3000 at Park 34 49 23 40 do T B3 Do 14c 300D at 14 Vic IS 67 18 10 do FBI-— Prince Con 1000 at IVie 70 67 FBI (7 84 Rnyaton BOOO at 3'ici 8000 at 3 Ha K 1 do I 64 10000 at 3Hci 35000 at 3Hci 100U0 K 8" 61 10 70 do at 3hc 13 07 do 14 34 Silver Shield 1000 at Hoi 4000 at do 9 63 10 83 Sic 11 45 10 49 do PS3 7 16 do ra-- 4 183 63 10 67 Kevstone of Can 8 00 Knickerbocker fund 0 13 11 03 Mas Invest Tr 10 19 — 43 Maaa Invest Or S io lr- 60 Mutual lnv Fund 44' NEW YORK March II AP— Nation-WidSec 19 70 14 31 Stock— hower inausiriaia lead de- N Sec Pfd Stk lerlaa 7 30 194 cline do Incomt 804 181 Bonds— Easy i BOvernmanta and cordo Stock 4 64 183 decline 14 14 03 Pioneer Fund 13 porates Cotton— Hmhars Ntw Orlaana and Puritan Fd 8 23 5 70 12 79 Putnam (Geo! fund 11 40 local covering Putnam Growth 10 47 34 Chicate Telev Electronic! il IT 10 30 Wheat— Hither light demand 10 34 03 United Accum fd Corn—Mixed: light trade United Continental 7 8 31 Oats— Lower light trade 8 70 81 United Income fund Soybeans— Lower liquidation 29 10 IS Science fund United 8 Hoes—3B to 50 cents higher 44 4 90 Value Line Inc fd 4 Cattle— Slaughter steers strong to $1 Wellington fund 13 03 11 94 higher Jte 1 30UH ? Com-- - 3 8 1 L)ec CitiexS g Ot-e- July bept dopfd ChRIAP Chryaler CITFin studies were conducted looking toward diversi"During fication of the uranium company’s activities These studies will be continued and intensified in the coming years" V treat- -? March May 84 36 S IBS 80S 10 46 H StonodrW Stud P good 1 46 H 43 March II (APj— llllh Low Clore CHICAGO t CANW Vitro Plans ‘Diversification’ - Vitro Uranium - Burriha w lovk Um rvnn in u y 1 iirA Jb ni (Hrain Futures e ti HiltnHot Y HoffEl HollndF Hmestke HonoOil HaehldF HoweSd Ya IdahoP IdealCm IllCentrl Y InRayon H InsnCop Intrlkelr IntBusM - Er Bucy H 7 — Cottle? 10 hnioiy fnfiUfclt C"W o ct aftMioitnl it ) lower market irw efter f(m 2 11 17 cxHk i yo jivX Monday ut litv r i ddirl dlU&o tartiio md cm wr 00 down to H HOD rarmeji few ch me 6n)5iU lb )cmiirg Hock I su ers 3 21 C alves— SdlhMf clp'invjo Markets in Drief V H HercJd HevdnN n BortWrn t Greyhnd Grom Ar GulfOil 7 - ‘ V GtNIOrt GtWSuf 391 221 i23 New lows GracWR GlNRy GravanR H") hibh etunUafil 24 502 28 25- hih New 1 markrl ?fhl 1144 Number securities traded Advances Pec net Unchanged Minh OGDEN (Ceata ' 5 Vel Lew Kirk By Robert W Bernlck 4 81 It 4 M 40 bonds Ind 09 20ft 448 84 44 I 41 447 4 - 85' 18 95 4 09 10 hteh trade rails 4 300 104 91 101 60 104 15 - 68 Rails Tribune Business Editor 80 57 10 second grade rails 06 S 2nd 73 18 72 62 71 05 -- 10 bula Ilecla Mining Co made three II 13 - 32 10 public utilities 38 87 of Its net profits be- Comp Soft 700 1 63 65 1 50 75 1M quarters — 70 14 71 4 11 industrials 10 41 155 Index futures fore Income taxes last year from Its Interests In the Radon Commodity Uranium mine In Big Indian District of San Juan County Utah Standard & Poor’s Closing 500 Stock Index w'1' -- Annual report of the Couer d'Alene lead- - w? 11 Cl Net Chg HI Law High IMS Law "Silver zinc pioducer Bhowed Tuesday fhat net j NSW YORK March 18 tAPP— Standard and Poor 500 stock Index 42 70 17 67 73 44 44 38 14 45 before 45 425 Industrials taxes was $1004777 for 1937 profit 20 57 32 50 04 32 31 24 31 22 60 25 Railroads The report also stated that ‘net 87 01 30 04 19 34 22 34 50 34 34 50 Utilities operating 39 60 09 15 57 41 25 42 ' 4189 42 000 to Stocks Ilecla from the Radon after deduc- t profit tlons for depreciation depletion and amortla- - ( - tion was $722503 last Ten Leading Stocks year This compares with I — 4 Beth Steel 23200 38 Service like net from Radon pf $660952 for 1956L V — — 22400 554 Volume Close Chg Gen Dynamic S 2 :Heclat actual net profit for 1957 was $786 U Hoffman 21000 515 4 4 LorlUard 80700 3 1 14 U S Tobacco 21000 14’ Lukens SU 27300 74 699 In 1956 the mining firm reported ret I Btd Oil N J 18800 504 - 4 profit United Sutea Steal 27000 5848 ' - V Gan Motor 18400 351 unch of $904997 The differences in income are at- - I Polaroid 25100 84 trlbuted of course to the lead zinc price sltua- - tV tion which worsened steadily during 1957 Tuesday’s Quotations Mr Bernlck ftalee in IGOcfCloati Chff Sales in lQOai£loaChg Ch Sales In Close 100t Ilecla also reported a significant Increase In high grade FrieRR 122! 7 10) 43 Uranium reserves at the Utah property It operates for Rado-roc- k ACrind r 151 32U 20f 8 Admiral 7 37!- FairbkY 221 54H Resources Inc Salt Lake City Airbed fil 8!v-9Fldfc AA 901 36W F ’ 14) 7HS H Family 1 161 12 'During 1957 a total of 62143 tons of ore wore mined from flAiimdC cjtreVR v 3rd r FeddreQ 761 47 Mi AliiedSt 11! 42 FlltrolC 991 21 nC h the Radon assaying 85 per cent U308 of which 15536 tons were Alii 0 Ye Fireston 451 70 ALCOA 1 FoodMa for the account of Ilecla II 31 AmalSu FordMt 311 18 "Total ore reserves of the Radon as of Dec 31 3957 are AmArln FreeptS 641 15 AmBrdP FruehT estimated at 423230 tons assaying 725 U308 of which Hecla AmCan fill 42 GenAcpt 871 42 AmCyan owns 25 per cent of 105807 tons" In preceding reports we have AmDiat H GenBak JW 5 27 V GenDyn 91 12 stated that approximately 30000 tons of ore assaying 75 U308 AmAFP GenElec 611 3ft AmM&F GenFda had been indicated by drilling h 811 20 AmMet Gen Mot 71! 8 Hecla president L J Randall Wallace Idaho said "develop- AmMot w GenReF 431 14 AmR&9 GenTAR H ment work completed during 1957 on the ore body made it pos- AmSmit 29! 43 V GaPae 3! 81 AmSFde Vt sible to make a more accurate estimate of ore reserves And we AmTAT GldgMB 48 171 w Gliddeit 79 21! were very pleasantly surprised at the Increase over that pre- AmTob -Goodrch k 331 28 AmVixco Goodver Indicated from 21 11 AmZine viously drilling operations" V Total LivesloeL MarlLrt Chicago Mcrcanlile Exchange Tuesday’s Quotations Averages s 23 M W Mh l 4 A fc- - ato A e ak ftnl South Salt lot Ct7y |