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Show CON. COPPERMINES OF NEVADA SOLD Ry order of Judge C. J. M K.idden of the district court the property of tho Consolidated Coppertnines company com-pany has boon sold at public auction and was purchased, aceordlng to the Nevada Mining Press, by Howard D. Smith, representing the reorganization reorganiza-tion committee for $2,000,000 The sale was subsequently confirmed con-firmed by tho court. Under tho , court's order the property remains under a first lien in favor of the j Rankers Trust company of New York li the sum of $135,000. The Sale or, the property. Including all assets of the corporation, is the linal slop !n the plans to reorganize the company and to liquidate its large indebtedness. indebted-ness. Provision having been mado to pay 1 off the debt to the Bankers Trust and other creditors, the property Is to be transfi rred to the new Coppermines company, organized recently in the east and with a capital of $S,000.-000- It Is announced that after all debts are paid the company will start its new operations with a treasury balance of $1,250,000. Robert Marsh. Jr.. who prior to the war was superintendent of mines for, the Nevada Consolidated Copper company, com-pany, has assumed charge of th Cop- ! permines property as manager and m assembling a large force of miners Development work in the mines will I bo started at once, said Mr Marsh, and will be conducted on a broad scale. KORLICN I HANfiE. NEW YORK Sept 19. Foreign exchange, firmer; Great Britain, demand. de-mand. 4.42 hi: cables, 4.42'4; 60-day bills on banks. 4 40. Trance demand ' 57; cables. 7 62. Ilalv. demand. 4.20; cables, 4 20 '? Belgium, demand, 7.19; cables, 7.20. Germany, demand, .06 13-16; j cables. .06 74- Holland, demand. 33.66, cables 88.73. Norway, demand, 1 7 10. Sweden. demand, 26.40; cables. 2C.30. Switzerland, demand M.69. Spain, demand, 15 16. Greece, demand, 2.07 Poland, demand, .Oljg-Czecho-SIovakla, demand. 3. IB. Argentine, demand. 35.62. Brazil, demand. 12.12 Montreal, 99 15-18. NEW YORK SrC.AR. NEW YORK. Sept. 1 9 The raw j sugar market was unchanged early: today at 3c for Cubas. cost and freight, equal to 4 61c for centrifugal. Sales. 19.350 bags of Cuban in port. Raw sugar futures declined 5 to 9 points under commission house selling sell-ing and then rallied on covering and outside buying. At midday prices) wero only 1 to 2 points net lower. The market for refined sugar was unchanged at 6.26o for fine granulat-ed. granulat-ed. No improvement was noted in tho demand. Refined futures nominal. Sugar futures closed steady; ap- i proxlmato sales, 51.350 Ions. Oct., 2.96; Dec. 3 11; March, 2.9T. May, 3.06. |