Show CON COMMENT CO EN American merlen Is II I Trying to Oct lot Con Control Irni of Stock StockA A letter sent lent out by a Boston brok brokerage brokerage firm which was received In yes yesterdays Os late Into mail mails has hlL the following to say Sll about Consolidated Tho The great rat Improvement which has taken place In tn the value of the tho com corn ore oro bodies through the pur purchase chase cha of the he Eagle Blue hell Dell and oth other other other er acquisitions acquisition and the fact that the thu American Smelting ft Refining com corn company company pany Is keenly desirous of securing tho the control of Me tetO t le Bingham company and thus eliminate competition which has hasten b been ten en Increasingly In evidence In tho the camp during the last three or four years makes the compan s po 10 position Bilion a very ery strong one The American Smelting Kenning interests have made nude propositions to the company looking toward the tha securing of a 1 stock tock control but their figures havn to date duto not sufficiently rep rup represented resented what the people be beHove behove Hove to be b the actual value of ot their property Tho The smelters company anti and the people however are now In close working eo o much so 10 that arrangements will shortly be he perfected whereby the American Smelt Smelting SmeltIng SmeltIng ing Refining Henning company will abandon Its project of bf erecting e Ung a cop copper copper copper per smelter In Utah anti and the company will abandon n andon the th erection of or ofa orn ofa I a n lead smelter Under these thele arrange arrangements arrangements ments tho the two companies will exchange American Smelting lin nin lining ing lag company to secure the lend of tho the company and the Honor Honer Honorine honorIns Ins ine company anti and the com toni company pony pany to secure the tho copper smelting con contracts contracts contracts tracts of the American Smelting lie fining company In view of the Improvement of at the position of ot the tho It Is possible that the tho J convertible bonds re recently recently authorized by the tho board of ot diree directors directors tors tore will VIII not be Issued for sonic some time Although the company has hn notes out company Is In no urgent need of ot funds and Is borrowing Its money mOlley at a n cost co t cheaper titan than would be the case were wore the bonds Issued ed to the tho public |