Show REPORTED MERGER UNFOUNDED new york interests who would know of any discussion of a merger of copper companies state that the published story of talk of a consolidation of the utah copper ray consolidated chino and nevada Conson consolidated dat and chile companies is made out of whole cloth and has no foundation in fact they state that they would be conversant with any such merger plans and insist that such a proposition is not even discussed in fact it is pointed out that such a combination in all probability would conflict with federal and state statutes and could not be put through the point made that a consolidation of these companies would bring about a large surplus and give the companies a financial position which would allow them to carry the copper surplus is maintained to be ridiculous it is pointed out that the total surplus would be no larger than the individual surplus now held by the various con companies mentioned nor would the copper surplus be any greater |