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Show The Weilern Mineul Page 8 MINING HI LUES (Continued from Page 7) subsidiary plans to construct and operate a $3,000,000 uranium processing plant and ore buying station at Ford, Wash., about 20 miles northwest of Spokane. The mill site is 20 miles from the companys Midnite uranium mine in the Spokane Indian Reservation. 1NG CORPORATION A SECOND URANIUM PRO-CESSIN- G PLANT with Vitro, the parent company, is also on the planning boards, observers report. The new projected $800,-00- 0 plant would upgrade local autunite ores prior to shipment to Salt Lake for final treatment. JACK WAITE officials, after visiting the firms mine in northern Idaho, said it is being run very efficiently by American Smelting & Refining Company. About 25 men are emlead-silv- ployed. er They expect the Washington State Supreme Court to hand down a decision in October regarding validity of proxies filed by a New York stockholders committee at the annual stockholders meeting. DENVER Over-the-Count- er O 0 o SILVER DOLLAR MINING COMPANY is expecting to net about from sale of its Sumy, Salt AEC Institutes Competitive Bids On Public Land Leases 45,000 A system of competitive bidshares of antimony mined by Sunshine Mining Company in ding for leasing uraxdum dethe Coeur dAlene district's Sil- posits on withdrawn public lands ver Belt. The antimony concen- and other areas under Atomic trates are being trucked to Brad- Energy Commission control has ley Mining Companys antimony been made effective by the Commission. refinery at Stibnite, Idaho. The Commissions decision to Silver Dollar has staked claims the former system of neits replace adjoining recently acquired Mesa west uranium gotiating all leases with a leasproperty Fry of Blanding, Utah. Preliminary ing method based on competitive drilling results are reported en- bidding was announced last December (AEC Release No. 747, couraging. GOLD SYNDICATE made a dated December 21, 1955). The dedl with a Conrad, Montana, new method became effective firm to explore its uranium pros- with publication in the Federal of a pects in Montana and Wyoming. Register on July 16, 1956, ' detailed Regulation prescribing ANOTHER TRUCKLOAD of GLADSTONE ore came through procedures. Extensive leasing of Commission-coSpokane on its way to the ntrolled lands is not conBunker Hill smelter.- Mining of the high grade lead ore from a templated now. The uranium denew chimney has proceeded to posits on the affected lands represent a reserve to be drawn on a depth of 35 feet. A SUMMER LABOR SHORT- as needed. AGE is handicapping production With ore production from priat Sunshine operations. June vately owned properties now at output was 14,276 tons of ore, a high level, it is unlikely that compared with 15,472 tons in the many deposits included in the same months of last year. First reserve' will be offered for lease - half production totaled 104,912 tons, vs 113,438 in the first six months of 1955. 'Watch for Important News from the East Silver Belt of the Coeur dAenes. Lucky Friday is the focal point now but could Fri spread to Silver et al. . . Poliowing are bid and uked quotation for uranium stock. Transaction in these stock! 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 Ibid) and sold to the buyer (asked). Dealer figures, on which these prices are based have been expanded to Include the cost of transacting the sale to give the figures shown In this list. Because the list Is compiled In advance, some changes wlU naturally occur between compilation and publication. For this reason, these are to be taken only as a guide. Prices Indicated are taken from a consensus of dealers In Denver. Tour dealer will be able to provide you with exact bid and asked figures at the time listed tSeeks of your trade. xBtnner Mining Ex-Hunt- er Mtn-Luck- Creek-Vindicat- or y in the near future. Lands affected include those originally purchased by the Manhattan Engineer District and subsequently transferred to the Commission, and public withdrawn from mineral entry at the Commissions request for exploration purposes. : ; ........ Acme -- 4 Capitol ...: xBonansa Oil ft Mug. xBrlstol Silver xBulllon Mining xColb. Bexall x Combined Metals cAmalg. Sugar- Pfdl. (Utah Fire Clay Utah P ft L Com. .. Dallas xDragon E. Crown ' Eureka Bullion . Holly xEureka Standard Gold Chain (Grand Deposit ... Little JStar Lost . Creek .... ...T 10.00 26.00 ... 54.00 38.00 East Standard Eureka Bullion 4000 2500 at at 14; 3000 6 . Producers Radorock Ranger Republic Rex Naildrlver North (North Oil Lily U. N. .... BerrUlum . Upetco Uranium Industries Standard (South -Sundance Oil Cons Eureka , at 1000 6000. at 414 . ah . Con . . . . Oil (United Park City Utah Con. xUtah-Idah- o . . Pref. xUtah Wyo Cons. Oil . Baggs Beacon Beaver Mesa Big Bend Big Horn Big Indian Big Plney Black Hawk Bleak Uranium Blue Lisard Bonn Basin Br. Wst Am Buckeye Clamity C Carbon Cataract f' .oj jq . . . .65 4.2S J3 -- Coogo Consol Ur. Congress Circle Cliff Congress Circle Cliff 04 V4 i0 .05 .0)4 W .13 .03 .12 .03 .12 .15 02 4 n 'nett n Col-U-M- ex 13(4 Comanche Crestline El Dorado Empress Gem Or. Yellowstone Hercules Homestead .: Horse Canyon Intl Metal imperial. Jewel Justhelm Kane Crk Kalbab Hnapp Uberty Lightning .. .- r 3.00 3.25 13 .14 1.8714 2.00 0014 , .0074 .0014 .0014 .00 .0074 02 .03 , .0014 .0074 0014 .0074 4)3 .0414 0014 Al 0314 .00414 03 .04 10 .12 .0014 .0074 0614 .07 ' .0114 .02 . 0014 Al 0414 AS 0094 .0074 .0014 .0074 0214 .0214 .0014 Al . Marble Canyon Mayday Mineral Mt. Moab King Moab Uranium Mont. Wst Monte Carlo Mor G ft O Mt. Mesa Mt. Valley ML Peale Pathfinder "Pennell jMheco Producers Radlore Rddorock ' Republic Rocket Min 95 Royal Sahara ' ' - Trans West Tri-Sta- te va o Ula U. N. BeryL va Opetco Utan. Corp. Utan. Ind UTan. King Uran. Bv Uranus U. 8. Uran. Walters White Can Whitelock Wyom .02 01 0074 0014 8714 ' 08 ; ; Yellow Cat Yellow Wing York Ur. -,75 ..0074 105 Al .1514 Seagull Shamrock Bhumway Silver Buckle Vlnta-Wy- , 0174 .18 Tlmco Macd ....... Cn-- Thunderbolt Mt. ny Ur. Sundown Temple Mt. Texas ..... .... Chm. ME Lie Chief ton U. Sun- Signal Silver Bowl Silver Buckle Silver Chieftain Golconda 1000 at 24 1000 at 24 Silver Crescent Jack Waite Silver Dollar A Luck Fri 100 at 4.30 Unlisted Silver Dollar B Bunker Hill 100 at 17.50; 200 at 17.90 Silver Ridge Markets Silver Syndicate The following quotations are compiled Sunset Mines from Information received from various Talisman ............... Thomas Cons brokers and believed to be correst. Asked Vindicator Bid Steeks .10 0714 American Silver Vulcan 0114 .0214 Whltedelf Atlas 0214 .0314 Tak Shoshone Akurlte Over-the-Cean- Bankers Bspco Strat Met Sheep- - Creek . . . American American Duchess Arrow Atlas ..I Atomic R Spencer Standard Stardust Sterling Mines Reeves aico Olympic - East Standard 2000 at 14; 1000 at 14 0111000 at 7 Park Nelson 1000 at 7 Silver Standard 3000 at 314; 2000 at 314 NSv-T- 'oi Ol Jato 214 Curb Sales 1500 at ..90 Nancy Lee National Uranium Ner Stewart New Era North Star Ottawa Paramount Pilot Silver Flalnvlew Tlntlc Lead : (Tlntlc Standard xTrans-Unlo- n n Utah Consolidated Nabob So. Iron Blossom Swansea 1414 Trans-Unio- at 314; Mohawk Standard 500 7.00 Merger Met Pine Cr Mineral King Pend Oreille 100 at 4.43 Intersesslen Registered ... at Tlntlc Tlntlc Abajo Alpha Ur. Alpine Mayflower. Lucky Fri. Ex Mascot Mines ft Mng. . Argentine Rnvstnn Coaln Silver King West Union Uranium Unlv. O ft U at 514; 1. 3000 at 314 Lead 100 at 414 Standard 1000 at 1.00 0112000 at 614 Lookout . ................ Standard-20- 00 Gold Bond Golden Mess Gold Syn (Rico Ula Silver as af Jaly 26, lgsg Quotations Mo 500 High Aurora High Surprise Hunter Creek Lincoln Park Premier (Piute Uran. Corp. xPlutus (Prince Con. Shawano 30.00 54.50 41.00 Silver Giant Dahl Uranium Dawn Uranium Daybreak UTan.' Park Bingham Rlmrock . Sabre Pinli San Juan 1000 at 7 Plutus 500 at 25 Prosper 011500 at 6 Rico Argentine 238 at Royston 1000 at 5 CDA CDA Moscow Mt. states Dev (Mountain View U 514 at 7 at 5; Blsmark Caledonia Callahan Con (Miners Gold h 2000 Big Creek Apex Big Smoke Uran Silver (Indian Queen (Wev.-T- OU-45- 00 Con. Horn i h Park Konold Unlisted Uranium Little Star Spokane Stock Exchange (Mamdlla Uran. ft Oil (Majestic Oil ft Mng. .. Mtn. Top . New Mar .. Nev.-Ta- . Park;.-Kelso- -8 Bristol Silver 3500 at 26 Bullion i Monarch 500 at 42 Cardiff 200 at 2.25 Colb. Rexall 600 at 40; 1800 at 41 Coni. Eureka 800 at 9214; 200 at 9214; 300 at 95 Croff 011-1- 000 at 814 Keystone x Leonora (Little May Uoab Mines , 2000 at 1 Grand Deposit Indian Queen 2000 at 3 Magnolia tJran. 8000 at 314 Magnolia Uran 3000 at 3 . Miners Gold 7000 at 914 Naildrlver 100 at 16 . rintic Central .. Dio d Point k Eureka Lilly Lisbon Valley (Colo.) - at :- . - Oils Knapp Liberty O ft U 03, .07: Sales East Tlntlc Coaln Frontier I .02 .03 .13 .05 .26 Stocks (Indicates operating companies. Comet Coaln xCommonwealth Lead .. xComstock UTan. ft Oil (Cons. Eureka x Crescent Eagle Oil .... xCroff Oil Consolidated . - (Z C M .0114 .03 V4 .12 .03 .25 .02 .06 . Unlisted Con. xChief Con. Pfd xChlef Con. Warrants xClayton Silver xColorado Con. Colotah Comerdal Mlo (Yankee Con xZuma Ur. ft Oil x Chief Cataract Coronado Crown Victor Con. (Western Alloys . . (West Toledo Wilbert xWilllston Basin Oil (Cardiff Central Std. Big Flney O and U For such deposits as are offered for lease, invitations to bid will be publicly posted and published. Copies will be mailed to persons who ask the Commissions Grand Junction (Colorado) Operations Office, in writing, that their names be placed on a mailing list maintained for that purpose. Leases will be awarded to the acceptable bidder offering the highest cash bonus by sealed bid. Before any lease is awarded the Commission may require high bidders to submit information relating to such matters as organization and finanThe Commission resources. cial reserves the right to reject bids. In exceptional circumstances, where it appears that the best interest of the Government will be served, leases may continue to be negotiated rather than submitted to competitive bidding. An example would be a situation where a Commission-controlledeposit could be economically mined only from the underground workings of an adjoining privately owned mine; Competitive bidding in such a ease would be impracticable. Extensions of; existing lease, too, may be handled by negotiation, particularly, where the lessee has developed ore reserves at his own . expense.. Details of the new leasing method are contained in the new 10 CFR (Code of Regulation Federal - Regulations) Part 60, Section 60.8. . Salt Lake Stock Exchange Atlas . . . Balboq.Mlhlng July 27. 1956 Lake City. Utah - .1714 A2 A114 .0074 1.00 .07 .02 .8714 .01 .06 A114 0414 .0074 13 .14 0114 A174 .0314 A4 0014 .0074 0014 .0074 0074 Al 0014 Al .06 A7 .0114 . .02 .01 .02 0514 .06 0014 Al 0214 .0314 03 .0314 0514 .06 0214 .04 .05 A6 .0014 ' .0074 0014 .0074 0214 .0314 01 .0114 63 .68 0014 .0074 15 .17 0074 .0114 0014 .0074 0214 .0314 Cromer Brokerage Co. Member Sell Lake Steel Ex. Sell Lake City, Utak Salle Ho. 4 - 38 Exckaage Place Reports on Big Piney, May Day, Sent Tree on Beqaeit |