WESTERN STANDARD CORPORATION 205 SOUTH BROADWAY RIVERTON, WYOMING 82501 1-307-856-9288 September 7, 2001 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 re: Comment Letter, dated August 28, 2001 10QSB for March 31, 2001 File No. 0-3802 Gentry: Enclosed please find a response to your Comment Letter dated August 28, 2001, for the 10QSB for March 31, 2001. Sincerely, /s/ Stanford E. Clark Stanford E. Clark, President Western Standard Corporation SEC:sjs Western Standard Corporation 10QSB/A for March 31, 2001 The following amendments to Form 10QSB for the quarter ended March 31, 2001 are in addition to the Form 10QSB previously filed and in response to SEC Comment Letter dated August 28, 2001. Page 8, 303(b)2 - Management's Discussion and Analysis or Plan of Operation Results of Operations Total revenues increased from $2,283,311 at March 31, 2000 to $2,298,457 at March 31, 2001, for an increase of $15,145. This increase came mostly from: Rental of 301 less rooms rented in 2001 than in 2000, at $.80 lower average daily rate ($ 241) Beverage sales increased $ 4,691 Ski Area sales increased $ 26,675 Shop rents and miscellaneous revenue increased $ 280 Food sales were down ($ 17,360) Power Company patronage refund $ 897 The change in operating expenses of $2,520,926 in 2001 over $2,453,878 in 2000 amounted to $67,048. This increase mostly came from the Snow King Resort: Room department $ 87,107 Food department ($ 283) Beverage department ($ 6,335) Ski Area ($ 45,161) Slide department ($ 1,663) Condominium department $ 23,280 Other expenses ($ 9,911) Administrative and general expenses ($ 3,256) Marketing department $ 24,468 Maintenance department ($ 8,033) Energy $ 11,423 Management fees ($ 2,054) General 11. SFAS 143 is not expected to have an impact on further financial statements. /s/ Stanford E. Clark, President Western Standard Corporation