Lead Daily Call from Lead, South Dakota • Page 10

r. v- 10. Lead Daily Call, Deadwood Pioneer-Times, Tuesday, November 2, 1976 HMC announces net loss of over $2 million ODOQI a Revenues from gold sales decreased by approximately $14 million through September 30, 1976 compared with the same period in 1975. The principal reason for the decline in gold earnings was the decrease in gold prices. The average price realised through September 30, 1976 was $124.35 per ounce compared with $169.19 per ounce during the comparable period of 1975.

The London closing price of gold on October 27, 1976 was $117.85 per ounce. Revenues from the sale of lead and zinc increased during the first nine months of 1976 by approximately $9 million over the same period in 1975. Income before taxes from lead and sine was $17,401,000 through September 30, compared with $13,069,000 in the first nine months of 1975. This increase resulted principally from higher sales volume of both lead and zinc. Lead and sine contributed approximately 65 percent of the Company's operating income before taxes during the first three quarters of 1976.

Revenues from the sale of Editors' Note During the course of keeping the many recipes in order for the First Annual Recipe Edition the folder containing the recipes for the Appetizer category was lost. Would the authors of all of the recipes in the Appetiser category please re-submit your entires? GO Crazy! Hit Wild Bill Ski and Specialty 7-9 for a night of complete madness, 9 Lee Dwd. adv. TOM AMAWK Annual Stockholders Meeting Tuesday, Nov: 2, 7:30 p.m., Deadwood Rec Center, adv. DEADWOOD Lead joint Chamber of Commerce will be held' at noon at the Shamrock Drive Inn.

Program will be Deer Mountain, adv. LEAD FREE GAS IS IN AT Triple Texaco, Deadwood. Open every night until 10:00. adv. SAN FRANCISCO Home stake Mining Company's widespread mining operations showed a net income of $18,020,000 for the first nine months of 1976 as against a net income of $20,256,000 for the same nine-month 1975 period, company officials announced Tuesday.

On a per share basis (11,332,268 shares of common stock- and share equivalents outstanding) the 1976 figure is $1.59 as compared to $1.79 for 1975. Net income for the first nine months of 1976 included a second quarter after tax gain of $3 million or $.26 per share, from the sale of certain surface lands overlying coal properties in Wyoming, and a third quarter after tax write-off of $600,000 or $.05 per share, of the company's investment in. the stock of Poseidon Ltd. of Australia. Operations at the Home stake gold mine for the nine months ended Sept.

30, 1976 resulted in a loss before taxes of $523,000, compared with 'a profit before taxes of $12,975,000 in the comparable period of 1975, the report said. Charges will raise from the minimum depending on usage. A plumbing, electricians and contractors license ordinance was delayed, as was a resolution which would call for a special policing fee for the '76 committee during the Days of 76. Tabled was a resolution to retire all city employes at age 65 with the exception of library personnel. Richard Gordon Park space problems arise i i i i ttj i a Queen City Council (Continued from Page 1) permission to pull into parking spaces at the two locations for passenger pickup and unloading.

Ed Smith, 38 Burnham Street, explained to the council he has a problem of drainage into one side of his basement and suspects there is a broken city sewer main in the area. He said the odor at times becomes almost unbearable. The city engineering department has been working with him, but up to this point the problem has not been located. was the transfer of an on-sale liquor license at the Gold Bar from Charles W. Crawford to William B.

Dupree, and gave approval to all present license holders who have made new applications. 'The council tacked on a stipulation on all licenses that the establishments must close immediately on order of the mayor, sheriff or chief of police if a law enforcement problem arises that would require closure. Should a city employe live out of town? This question arose when City Engineer John Cusma ml BLACK HILLS Rod and Gun Club "Honor Student" trophy recipient for the second session of National Rifle Association safety courses was Larry Zulauf, son of Mr. and Mrs. Clifford Janke, Lead.

The session ended Oct. 28 In which Zulauf headed a class of about 30 other students headed by Instructors Dorothy Harvey, pictured and Dean Tusha. The NRA students are trained in hunting safety practices, hunting laws and gun handling. Lead Rifle Team number 2 aided in the gun handling segment of the course. (Staff Photo) uranium concentratefY were $17,883,000 through September 30, compared with $10,035,000 during the first three quarters of 1975.

Income before taxes from uranium operations was $8,568,000 through September 30, 1976 compared with $4,581,000 during the comparable period of 1975. i Uranium contributed approximately 32 percent of the company's operating income before taxes in the first nine months of 1976. Uranium prices realised in 1976 were significantly higher than in 1975. The sales do not follow a uniform pattern. A dead shark sinks to slowly that its body is almost com-' pletely dissolved by salt water before it reaches the bottom of the sea.

The only part of the shark that is impervious to the action of the salt is its teeth. lA'U JU ii V. 1 ROYS' ri- DO ONI.Vm OFF! ONE TABLE COURDURY JEANS lo orice! kl HTTTVTT7" BOOTS K) While They Last! Deadwood Aii Sale, are Final ft HUNGRY Buzzard $1.98 noon special, Chef's salad or shrimp salad. Gold St. Main, 653 Main, Deadwood.

adv. JOHN B. 24, Belle Fourche, was arrested by the highway patrol for driving while intoxicated. He was fined $175 and costs, and given a 10-day jail sentence which was suspended on payment of fine and costs and have no like violations for one year. He was also ordered to attend classes at the Northern Hills Drug and Alcohol Referral Center in Belle Fourche for an indefinite period of time.

He was ganted a work permit to drive during daylight hours. BEING held in the Lawrence County jail on a charge of grand larceny are James Turner and John Gomez, Torrington, Wyo. They were arrested following the theft of a CB radio from a pickup parked on Deadwood Main Street property in the Ingle wood area and planned construction of a home. At least two others reside outside the city limits. The council after considerable discussion agreed it was acceptable providing it did not interfere with employes getting to work, especially in time of emergency.

In an effort to help balance the city budget, the council gave first reading to an ordinance raising overtime parking meter assessments from 50 cents to $1 and $1 tickets to $2. "No parking" zone fines will remain at $5. Failure -to pay parking ticket fines could result in a $100 fine for the first offense, and a $100 fine and 30 days in jail for the second and subsequent violations. The city's dog ordinance was also amended on first reading to raise licenses for male dogs from $2 to $5 and spayed females from $5 to $7.50. Water rates are also being increased if the ordinance passes on second reading.

Minimum charge will be raised from the present $3.25 to $4 a month with a special $2 charge which will be plowed back into a fund for replacement and repairs. -a a Mrs. Mel Carr, sewing and tailoring instructor; Al Satterlee in machine shop and Mrs. McKay with typewriting can register more students. Erickson asks that anyone wishing to register for any of the courses report to the high school building in Room 26 for typing and Room 24 for shorthand, both on the first floor; machine shop and sewing in Room 126 and Room 122, respectively, on second floor.

Those wishing to register for upholstery will report to the school building in Central City which is behind Dave's Supper Club and for welding, in the shops on the ground floor of Central building which is on the corner of Addie and Wall Streets. Mrs. Ellouise Litschewski who is teaching the Adult Basic Education course has ten new registrants. The class will meet Monday and Thursday nights in the high school library. Those interested in ABE may register at any time by contracting Mrs.

Litschewski at 584-1301. All of the work in ABE is on an individual basis, with the students starting and finishing their work at their own rate of ability. The only Thing You Can't HAVE IN This Perfect World to Your 30th BIRTHDAY! MOONLIGHT MADNESS Hospitals ST. JOSEPH'S Admitted: Cyril Smith, Patricia Hines, Georgia Saw in, Dolly Leather man and Robert Enderby, all of Lead; Shoun Derby, Sandra Sissons, Jeffery Cheever, Deadwood; Sharon Bennie, Sturgis. Dismissed: Catherine Cad-man, Deadwood; Cora Wagner, John Van Der Werff, Genevieve Lorenzo, Nancy Burton, all of Lead; Mabel Sanders, Sturgis.

Births: A son to Mr. and Kenneth Leatherman, Lead. LOOKOUT MEMORIAL Dismissed: Bernice King, Spear fish; Deborah Kost, White wood. The city council will be in special session on Tuesday, Nov. 9, for the second public hearing on the proposed Housing and Urban Development project.

This meeting is primarily for individuals living in lower Deadwood where landslides occurred during and after the June 14 heavy rainfall and flood. The meeting will begin at 7:30 p.m. Finance Officer Larry Karns reminded the councilmen that city annexations and attending costs are on the horison, and the money could be used, for basic services It will be some time in November before the city knows just how much money it may receive. Finnerty said the statewide average for unemployment is 4.7 percent. In the area, unemployment figures for Deadwood show 6.4 percent; Rapid City, 5.2 percent and Belle Fourche, 5.0 percent.

Several liquor license transfer requests were discussed, and a Nov. 15 hearing date set for the public hearing. The Sting will remain where it is located, but would become the Dorsal Agate, under the ownership of Jeffery Lewis. The Tomahawk Lounge would change ownership to Wayne Musilek and Larry Burditt, now of Sturgis. The Party Store requested a transfer to Myron S.

and Shirley Moore. Also at the Nov. 15 hearing date, renewal requests will be reviewed for present liquor licenses that want to continue next year. These Two Hilarious Hits END TUESDAY NOTE: You Must Bring ID or Parents Consent to See Hit No. 2.

If you are under 17! BAWDI'immvi No. 2 A UNIVERSAL RELEASE TECHNICOLOR Hf Hit No. 1,7:00 p.m. Hit No. 2, 9:00 p.m.

Tonight and Tuesday HOMESTAKE SALE REAL ESTATE MOW PHONt SJ4-S040 BR and PAY WEEK SPECIALS! 0 AT 1X1 Hlil, 1 LADIES' uirector 01 Aauit Education courses notes room for added applications PANTS and JEANS (Continued from Page 1) day permit, and would be out by Dec. 16. However, no record of Council action on that matter could be found last night. It will be studied further and brought up again. Mayor Jim Seward was given authorization to sign a document allowing Spearfish to benefit from the Public Works Employment Act, 1976.

Larry Finnerty, Sixth District representative, explained that funds are available to cities with unemployment greater than 4.5 percent, and that Spearfish showed 4.7 percent. Money can be used to maintain basic services in the city and is similar to revenue sharing money. Variety of court charges filed Two persons were arrested for driving while intoxicated, another for issuing an insufficient funds check, another for having no valid driver's license and possession of a controlled substance, and a fifth on a bench warrant for failure to pay fine and costs on a traffic violation. Charged with DWI were Gary E. Eckhart, 24, Lead and Richard J.

Chase, 34, Belle Fourche. They were arrested by Lead and Deadwood police of-ficersandtheir bonds were set at $250. A. Collette Hodges, 20, Deadwood, was to appear in Rapid City court Tuesday on the insufficient funds check charge and Frederick W. Briscoe, 17, Whitewood, was fined $50 and costs for failure to pay a fine on a traffic violation.

Elbert K. Franklin 19, Lead, had bond of $150 set when he apppear ed in court on charges of no valid driver's license and possession of a controlled substance. FOR 0FF OJO ONE NIGHT MOONLIGHT MADNESS 1 "Harvey Erickson, director of adult education for the Lead-Deadwood School District reports that registration for the program conducted Oct 26 filled most of the classes. 1 The One course which was filled to capacity is cabinet making, taught by Leonard Hertel, for which there is now a waiting list Co lie tee William, instructor li wpuviorci vau MK6 live more registrants; John Miner ich reports he can handle nine more in the second section of welding and there is room for six more in Gregg shorthand taught by Linda McKay. Our weather I r.M I i ion Mmnaran ra rnr ih'e 24-hour period ending at 8 a.m.

today, 61; low, 27; 8 a.m., 34. Homestake Mining Company. DEADWOOD High tem perature for the 24-hour period cj. i. aiuiug at a.

in. Kuajr, vti, iun( 27; 8 a.m., 27. KDSJ Radio Station. "SPEARFISH High temperature for the 24-hour period ending at 7 a.m. today, 69; low, 7 a.m., 33.

Homestake Forest "'Products. linn mn nv 25 ONE RACK MENS SHIRTS ONE TABLE JEANS 12 pnee! 1 INDUSTRIAL DISTRISOTOHSKIP One of Sioux Foils oldest, finest established businesses. It's been a solid money maker for 37 years with gross soles of over V4 million dollors lost year. This is a once in a lifetime business opportunity. Owner retirina because of oae.

Principals only. Eaton's si AU sj Sales are NJ Final FRED ASSAM "THE BUSINESS 1 17 WEST 10th 639 Main Qgm udMnts 'zzzzzzmmm..