Show Sit CLTfl < III < X1ZATIO > S formation rt a 8i3OOOOOO Trntt Null Lnhe In I CHICAGO Starch 2A local taper asserts that the big smelting i ofanluton of the United States han formed a trust with a capital off 5000000 I includes all but lie of the large organizations In the country Among the compaullSln It are the Omaha Grant Smelting and Ittfininz Company Omaha and Denver Kansas City Smelting and Kefiuin Company Kansas CIY Pennsylvania Lead Company Mansfield Ia Chicago Smelting and Refining Company Aurora Smelting and Helming Com pony Aurora Illinois Globe Smelting and liefinlng Company Denver K BalbackCo Newark New Jersey Pueblo Smelting and JIY Refining Company Gold Smelting Company Philadelphia Smelting and Ketinlng Company Pueblo Colo Arkansas Valley Smelting Germany Lcadville Colo American Ameri-can Smelting and Refining Company Com-pany Iadville Colo Mauville < C pn Leadvllle San Juan Smelting Company Durango Cole Hanauer Smelter Salt Lake Mingo Furnace Company Salt Like Gcrmaula Lead Company Salt Lake Helena and IilvItigstonSmeltingand Jl ° Cn lug Company Helena Mont ron Una Smelting Company Great Falls Mont El PawSmelter TA Paso Texas TiE 11KST CONKERESCE between th heads of the companies was held at Omaha last November The object of the meeting was bald to b to devise rt way for protecting the smelters from the Lead Trust Various ways of organization were discussed IUt nothing definite was determined on at that mcetinz but Barn Omaha was elected president presi-dent and Get of Pueblo secretary I was shown that the trust would make a profit annually of about J4000000 A only six companies were represented rep-resented at this meeting it was determined de-termined t confer with the other manufacturers and have another meeting later This was held at Chicago February irth and then it wits determined t organize a company com-pany to be known a the United States Smtltlng and Refining Company Com-pany panyO the capital stock 15000000 will be common to b used for joy ment for the fixed pro rtie3 that go Into the new organization and 10003000 will b preferred for the purchase of ore and such personal property as may be necessary to have To form a Inking fund a quarter of a million of the profits will b laid aside annually lor two ean and each year thereafter half million mil-lion will be added to the fund Itlsaserted that the necessary stock has been subscribed and final articles of incorporation will soon be fed in the different States and TerritorIes Thechief object of the smelters it is saul is U place their interests beyond control of the lead trust |