Show guggenheims AND UTAH COPPER with the purchase in boston of shares of the utah copper company by the copper company it is believed that the control of the great utah company has practically passed into the hands of the guggenheims says the salt lake herald republican it was admitted that tile the guggenheim interests had controlled a trifle more than of the for more than a year while the acquisition is said to give the guggenheims but a little more than shares of the capital stock of the company it was pointed out that this stock would be voted as a block while other stockholders might not vote as a unit it would therefore put the balance of power into the hands of those who secured the stock on the boston market recently provided the remainder of the stock is not voted solid and this is not considered likely as a large part of the remaining shares is widely scattered H B tooker private secretary of col D C jackling vice president and general manager of utah copper said 1 I do not think that the other stockholders have anything to fear from the deal which the dispatches say was made while it may mean that a block of shares will be voted solid and perhaps would mean the control of an election the small stockholder would have nothing to fear tile the company is making money and tile the stockholders are getting their dividends the utah copper company was organized with a capital stock of the shares having a par value of 10 each while there is nothing in the dispatches to indicate at what price tile the shares were sold in boston it is tile the opinion of well posted mining men that the price was between and per share |