Show LEA rIt n I A ATho N Tho Iho Takes Toku Over Ocr ihu thu United II COlli A New Nel York dispatch pays says The pro protracted protracted i negotiation for lor n a merger of ot tho the National Lend company and tho the United Load Lead company hive tive hll vo been boen sue suc ees tully concluded according to the tho lie statements In lii today The rite former company will absorb the tho he latter the details to be curried carried out In Inthe Inthe inthe the fall fail The agreement reached today will vili be he subject to ratification by directors non stockholders of the companies but It Is understood that dominant Interests In both bolh proportion properties have their heir approval of ot the preliminary agreement Bo So tar far as 1111 nut CHII be learned the thir schema provIdes for tor nn an Increase III In capital stock of ot the Iho National Lend company for tor the he purpose of at absorption Tho The present capItal of at the tho Nn Nil Lend Lenil company Is la The Tha I he United Lend Lead has hils not nol dill die distributed any toek although Its IK capital Is be with a II bond Issue of 01 9 Tho Tim matter was settled nt nl a 1 confer conference conference ence once between Daniel Guggenheim rep 1111 representing representing resenting the tho United I company and L A Cole president o of 01 the Nation ul oh Lead Lend company Another question considered was ovna the tho supplying of raw material to the thie Na Nn National Lead company on Oil terms that hiLt would be bt satisfactory to the lend lead com 1011 company patty pany and to Li the he American Smelting company nit the new neY company y will buy raw Ill IV material tram from rein the smelting com corn company pany In tho the shape of ot pig lend aggregating gating from torn t to tons toM a n year |