| OCR Text |
Show 57 companies, resulted in this year, ties of sizable the expenditures and added to values Total expenditures the in development. Radon Mine detail examination, spent had been amounted mined ore development programs. of $496,608.00 to from of royalties received Resources, Incorporated, a in The gross in the statement they eliminated those considered the books on were share. that written off. which value in Book value abandonments income from the on March 31, 50 percent $194,818.00 figure together with When costs instances all the fiscal year charged the was to worth the costs properties shown as are on largely off to as of a result a of $2,702,572.00. capital surplus earned surplus. loss $10.75 at was totaled charged operating in stock issued for the properties written $2,507,754.00 was not These book costs of Federal nearly of during amount abandoned, their are the market properties, and capitalized entirely proper specific properties involved. retention and further exploration. based their Federal Uranium examined their properties deemed worthless Of the various on thus During subsidiary of Federal. As of made prior to assignment of that property to Radorook owned so these consisted almost 1956 of Money $34,549.00 reported of were $128,295.00. $141,870.00 proceeds part by connection with income of company in connection with exploration, offset loss net a This latter $128,295.00 |
