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Show Page I The Western Mineral Survey, Salt Lake City, Utah Inly Meader Of Tex. Unlisted Uranium MINING HI LITES VULCAN To Build N.M. Copper Plant New Mexico Bureau The Meader Corp. of San Antonio, Tex., has announced plans to build a $200,000 copper leaching plant at Scholle, N.M. A company spokesman said that a survey crew has set up headquarters and construction is expected to be completed in about eight weeks. He said they expect the plant to produce about 200 tons of ore a day from three mines leased by the firm in the area. The company believes there is enough copper in the three mines to operate the plant at least eight years. The ore is to be shipped to smelters in El Paso, Tex. MINING HI LITES North Star Uranium moved drilling equipment to Spokane Indian Reservation holdings lying just east of Newmonts Midnite . mine. DENVER Over-the-Count- Following are bid and asked quotation for uranium stocks. Transactions In these stocks depend on a buyer or seller In each case. For this reason, these do not represent actual transactions. These figures represent the range In which stock can be purchased from the seller (bid) end sold to the buyer (asked). Dealer figures, on which these prices are based here been expanded to Include the cost of transacting the sale to give the figures shown In this list. Because the list Is compiled hindrance, some changes will naturally occur between compilation and publication. For this reason, these are to be taken only as a guide. Prices Indicated ere teken from e consensus of dealers in Denver. Tour dealer will be eble to proride you with exact bid end eiked figures et the time of your trade. Mining Colotah Commercial Commonwealth Consolidated Conorado Crown . Delias Denrer Oolden Edgemont Federal Fremont Frontier Four Corners Green Fire Green Hirer Seagull Bhawno 4-- Reports on Exchange Place 39 ' Reports Available on Comstock. Lisbon and Znma 3.50 .18 .14 .40 .25 2.12 ft 35 15 1.62 ft 00ft . 8an Juan .75 16 12 (Colo) .01ft .13 .09 37ft .62ft 02 04 05 .03 .05 ft .10 04ft .05ft 13 .18 .03ft .05 11 30 .14 .35 4.25 4.75 02 .09 .03 .12 1.15 .08 ".90 05 .... Shlprock Pick Ula 3.25 8.25 2.75 7.50 05 16 . 75 05 01 1.00 07ft I.. Union Uranium Universal U ft O Uhlted West. Min U. N. Beryllium - Utaco Upetco Uranium Industries White Canyon Wyoming Tellow Queen secretary-treasure- and r rector. Regular shipments are being made from the mine, he said; Gem also has properties in southern. Utah on which a development program is being George Taylor, vice president, is now at the Utah location. Utah Southern Oils uranium division is continuing regular shipments from their properties near Cameron, Ariz. Ore shipments are now going to the Rare Metals ore buying mill at Tuba City. New buying schedules are being discussed with Rare Met- als. hs rs Gold Cloud Uranium Co. stock is holding steady on' .the ; Salt Lake boards .The company is -- working uranium properties in the Kane Creek, Utah area and is rumored to have a. good producer. The company also has .05 03 00ft 05 1.25 00ft 09 03 04 73 20 Vi 16 Monday, July 9, 1956 ,01ft ft .04ft - .19 1.00 .09 .01ft 1.25 .09 .07 .04 .01 .06 1.75 .01 .11 .04 .06 .83 .23ft .20 Asked .02 .28 1.75 .05 .21 .19 1.62 03ft 19 ft 16 ft 9.15 8.50 03ft .02ft .05 .03 3.55 22 Jack Waite Met M ft L 3.65 .25 07ft 03ft Metro A Metro B Mineral Mt .09 .07 .01ft 00ft 04ft 01ft New Hilarity Polaris Silver Mtn .06 .03 1.75 .25 1.57 .23 8.10 8.40 51ft ' .60 .02ft 01ft 37.75 03ft 38.50 .05 .04 .02 Unlisted tSoeke Hill Callahan Homestake New World Pend Oreille Sidney Polaris Bid 01ft 25 Clayton Day Mines Gladstone Golconda Grandview Hecla Indep. A Indep. B Lucky Friday .09 .65 1.43 1.75 Stocks Registered Butte High Bunker .04ft 03ft Standard Sterling Strategic Metals Tension Drilling y, di- - ' .10 08 .03ft 50 1.25 1.25 Bhumway awaiting word from their John Day chrome mine at John Day, Ore. according to Rudy Nowat-ne- Royston Coalition this week received word that two wells are now being located in the Uintah Basin on company property. The Thindij, July 13 ,1956 R.A. Glenny, land, according to The Information llated below 1 derived as reliable, not secretary, was leased to Contin- from sources regarded believed to be correct.- but guaranteed, ental Oil Co. It is now being worked on a farm-ou- t by Sky Co. Oil High Sky High started on No. 1 well this, their driling week.' The second well, Glenny said, is located in the center of Royston property. Royston also holds leases to major oil companies in Montana and Jack Canyon in Utah. Sunshine Sun Con Uhlted La Water Power Western A Western B .02ft .01ft 00ft : TJCOA Suite Xe. .01ft 60 3.12ft Out West Pacific Producers Radium H1U Radorock Ranger Salt Lake City, Utah .03ft .08 .02 1.62ft Moab Mines Monterey Moreno Mt. Peale Mtn. Mesa Mtn. Top New Mar Sodak ft 01ft Republic U. Rex Rio Grande West U. Rlmrock Babre-Plno- n Corp Gem Uranium Co. is this week Spokane Stock Exchange .10 2.00 .19 .01 Vi 3.00 06 ft Mlo Dio is due soon. and .55 00ft Maydar Ex. .16 .15 .11 .06 1.50 .15 .05 .03 .06 08 .04 1.00 12 03 02 04 50 07 2.62 Lost Creek Lucky D Luckr Me Heabei Salt Lake Stock 3.12ft .01 Little Star Sllrer .18 .71 .20 15 ft U O Lisbon Lisbon Valley Cromer Brokerage Co. .78 1.62ft Holly liberty .03 Vi .06 .20 .22 13 11 Tri-Sta- te Knapp Asked 02 Vi 2.62ft ls Col-U-M- ex Colo. Bid .05 15 18 68 15 66 15 Bearer Mesa Big Plney O ft U Capitol Cataract Century Minerals COO-Mlnera- The annual progress and earnings report of White Canyon Mining Co. is to come off the press within a week or ten days, according to A. P. Kibbe Co., former underwriters of the company. Brokers indicate that White Canyon is one of the stronger stocks this week. The earnings report is expected to be good. President of White Canyon is F. A. Sitton, formerly. of Dove. Creek, Colo. property in Colorado now in the working stages. An official report D 11,1956 July Stack Acme Atlas Balboe Samuel S. Arentz, consulting geologist, Salt Lake City, has a week or 10 days to exercise an option on the Mammoth Mine near Eureka, Juab county, Utah. He is negotiating with the Mammoth Mine Co. president E. S. McIntyre. The mine is now proores ducing silicious gold-silve- r for a copper smelter at Garfield. According to the Mining World, if Arentz exercises the option, an initial expenditure of $100,000 is planned. Arentz did not tell details of the negotiations in Salt Lake Wednesday. SILVER-LEA- CALLAIIAN ZINC -- LEAD may merge, according to rumor, with Vulcan being the surviving firm and taking over Callahans listing on the New York Stock Exchange. GOLCONDA directors purchased 41,000 shares of their firms stock during the past month, according to S.E.C. records, and Henry L. Day acquired 28,443 shares of Day Mines in a trust distribution to bring his holdings to 332,650. FIRST OFFICIAL APPRAISAL of the uranium industrys growth came last week from Jesse C. Johnson, director of the Atomic Energy Commissions division of raw materials. He disclosed hitherto top. secret figures showing that since 1948 annual domestic production of uranium ore has jumped from 70,000 tons to about 3,000,000 tons and known ore reserves have risen from 1,000,000 tons (a four-montsupply under current demands) to 30,000,000 tons (a ten-yeasupply). He Plateau Colorado that predicted ores may be unable to supply the demands of atomic power plants by the end of this century. Salt Lake Stock Exchange er Wednesday, a 156 17.80 18.10 6.75 32.50 34.00 7.25 125.00 4.50 4.40 .79 1.00 Transaction! Board Bales Registered 100 at 1.58; 100 Sunshine 100 at 8.15 Western A 1000 at 3ft; at 1000 at 3ft at 17.90 Bunker Hill 100 Intersession Registered Clayton 1000 at 26 Day Mines 500 at 1.63; 1000 at 1.58 Golconda 5000 at 20; 2000 at 18ft Grandview 1000 at 15ft Lucky Friday 500 at 3.60 Mineral ML 2000 at 4ft New Hilarity 5000 at 1ft Polaris 100 at 1.58 silver Mtn. 500 at 24 Sunshine 200 at 8.15; 200 at 8.25 United Li. 2000 at 1ft Western A 4000 at 4; 5000 at 3ft Bunker Hill Unlisted 100 at 17.90 Over-the-Coun- The following quotation ' Hunter Creek 02 .21 02 05 .24 Lincoln Lookout Mt. Lucsky Frl. Ex Mascot Mines Merger Met Pine Cr . . 03ft Mineral King .00ft Mbhawk Nabob Nancy Lee 11 .04 00 ft National Uran. Nev. Stewart New Era North Star Ottawa Paramount Pilot Silver Plainview - are compiled .00ft 03ft 04 07ft 01ft 00ft 36 .39 15 .27 02 .00ft 00 ft - ,04ft Vulcan Whltedelf Vak Shoshone v 5. ;... JO .06 .05 .04ft .01ft .14 .07 '.00 0 ft .14 .03 2.30 1.55 Talisman Thomas Cons. .03 .06 .06 02ft ! JO .06 .16 . .05 02 Reeves Macd Sheep Creek Signal Sliver Bowl Silver Buckle Silver Chieftain Silver Crescent Silver Dollar A Silver Dollar B Silver Ridge Silver Syndicate Sunset Mines .03 .04ft 03ft Vindicator Markets .05ft 03 - 1.58 Unlisted from Information obtained from various brokers and believed to be correct. Asked Bid Stocks .10 07 American Silver .03 .01ft Atlas .03 .05. Axurite .16 13 Creek Apex Big .27 22ft Big Smoke Uran .15 Bismarck ..10 .08 06 . Caledonia .02 01 Callahan Con 14 .17 CDA Mines .06 .03ft CDA Silver Giant .26 .23 Dahl Uranium 13 .lb Dawn Uranium 62 .70 Daybreak Uran. .41 .39 Gold Bond 01 ,02 Golden Mess .06 .07 Gold Syn 02 .04 High Aurora 13 .15 High Surprise 6.50 .06 .02ft .01ft .03 .04 2.50 1.65 .06 .06 .08 ,02ft .01ft .45 .49 JO .35 .03 ft .00ft .01 .05 6.75 .09 ,03ft New QulncylOOO at 9 500 at 65 Lily Park Konold 3000 at 4ft Prosper Oil 1000 at 6ft Royston 7000 at 6ft; 16000 North at 6ft; 17000 at 6ft n 0111000 at 4ft; 1000 at 5; 1000 at 6; 7000 at 6; 1000 at 6 Curb Sales Bonanza 2000 at 7 Bristol Silver 1000 at 28 Colb. Rexal 2400 at 441 Cons. Eureka 200 at 95; 4800 at 1.00 Croff 0112000 at 8 Indlaq Queen 4000 at 3ft Miners Gold 2000 at 7ft h 0111000 at 6ft New Park 100 at 2.12 ft Royston 27900 at 6ft n 0112000 at 6 Trans-Unio- Nev.-Ta- . Trans-Unio- |