Mail to A-Board
Huge
Crop of
Uranium Prospectors
EDITOR'S NOTE: Urniim
mining has become in the space
f a few years a 100 million dollar
American industry, growing . big
ger by the day. Uranium stock in
vestors are . confident there is an
nnlimito! horizon for this industry
which supplies the raw material
for atomic energy. For an np to
(he minute report, a United Press
correspondent visited the : "capi
tal" of the uranium' boom on the
Western slope of the Rockies.
By JAMES M. FL1NCHUM
GRAND JUNCTION. Colo. (UP
The mail sacks have been get
ting heavier at the Atomic Energy
Commission office here and this
can mean only one thing more
prospectors than ever before are
. hitting the uranium trail this sum
mer, i ' . I
"We thought 1953 tfas a big
year," an AEC spokesman said
today. "And last year, we decided
it couldn't be any bigger. But now
it looks like this summer will top
them all."- ' i
Although the snow hasn't melted
yet in the -liigh country, you can
already tell the big prospecting
season is; near. The volume of let
ters received by theGrand Junc
tion operations office of the AEC
was never greater.
Thousands ot prospectors, or
would-be prospectors, are writing !
in for information about how and
where to go to look for uranium.
The AEC is happy to oblige.
"Well do everything but point
O piawt Ull may ouu doj , j
'Dig mere, one omciai
Said.
Nationwide Affair
; The uranium boom is a nation
wide affair. From New York to
San Francisco investors are sink-1
ing cash into uranium stocks.
Bub out here on the 170,000 square
mile Colorado plateau where the !
uranium is, the boom means sink--
ing a pick into the ground.
Many of the prospectors will be
, vacationers from far corners of
' the country. Others "will be "week
end prospectors" from towns in or
near the uranium fields. A small
number will be new "profession
als." launching a fulltime: career j
with pickaxe and Geiger counter.
A few of them may- become mil
lionaires. Most of them won't. Ev
ery day scores of- prospectors
show up at the AEC's 10 acre
compound lugging ore samples to
be tested and the majority go
away disappointed.
ated a new crop of millionaires!
and revitalized little villages that ;
a few years ago were known only I
to a few Indians and sheepherd- j
ers. The plateau which covers j
parts of Colorado, New Mexico,
Arizona and Utah is alive with
activity.
Private planes fly in and out of
mining towns daily carrying wide
eyed investors and speculators.
Many of the investors are oil men.
Something about uranium mining
appeals to oil men.
More and more old Wall Street
names are becoming associated
with uranium ventures, but the jn-
! dustry seems to be dominated by
youth. The most famous uranium
millionaires, Charlie Steen and
Jack Turner, are in their mid
thirties. ,
The I n d u st ry - abounds with
youngish executives.. Arnold
Kimmes of Grand Junction is un
der 33 but he heads a consulting
firm which owns three airplanes
and is chairman of the board of
an : investment company with
headquarters in' Denver and
branches here and in Salt Lake
City.
"Last year the uranium indus
try was where the oil industry
was 60 years ago," says Kimmes,
who would pass for a oung movie
hero. "This year it's where the oil
industry was 40 years ago."
Financier Floye B. Odium has
sunk considerable' cash into -uranium
ventures such as -the Hidden
Splendor Mine and says the ura
nium horizon "seems almost un
limited to me."
Like others in the uranium busi
ness Odium bases his optimism
on peaceful application of nuclear
fission atomic power plants,
atomic ships, planes and trains
all of which will create a steady
demand for uranium whether
atomic weapons stay with us or
not. I
'Old Gray Mare'
Really Lives at
Ohio University
COLUMBUS, Ohio "The Old
Gray Mare" may be just a tune
to most people, but to Jean Bit
tenour, Ohio State University rid
ing instructor, the hag really
lives, in the barn on her family's
farm is a horse which! the law of
averages says should ! have been
carrying ghost riders jin the sky
about 15 years ago. i
Dare Me, a frisky I 34-year-old II j
mare, is somewhere between 102
and 136 years old. by human
standards, say veterinarians.
' Dare Me was one of three show
horses which have earned" Jean
50 trophies, more than 600 ribbons
and enough -money to pay for her
schooling at Ohio State,
the horses," she says,
educated me."
"I taught
and they
Jet Age Outdoes
Crosstown Ride
MINNEAPOLIS UrV-A jet pilot
at an Illinois airbase called home
and told his parents to meet him
at Wold-Chamberlain Field.- Mr.
and Mrs. Edward Grubb hopped
in their car and drove the 10 miles
from Minneapolis out toj the field.
ANTIQUES FOR WALLS -
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