Show EMPIRE COPPER MILLION DOLLAR DEAL IS OFF I Great cat Co of Cor Co Co- r bait balt Had Made l Attractive Offer 0 ff t Word orl has Just been received in n this city dt that the impending deal dea wherein L the the great Mines company of ct Cobalt vas was to lo have purchased cd from froni L Utah Interests the Copper property prop prop- ert erty In Idaho has hns finally fallen L through The people had ac ac a n c corps rp of or examining tho the mine from rom to December The in- in now ow is that when President LL L. L H II IL of or the Empire went back ack to New ew York a a. short time a ago ngo o an and t that lt ho he and President J E. E P. P Earl Ear of or trie Ule ie were unable to agree asree on price and terms Morton Webber an tn engineer of Now New York Cl City was Vas in charge chare or of the tho InsPection Inspection tion work at nt tho the Empire Copper and ant this V-this ton brought him to te gait alt Lkc Lake a a. a good Goodman man many times limes In tho the three to four months devoted dc to making an elaborate report report- a Tho The Empire company compan has pharos of or 51 t par value with Inthe in inthe inthe the treasury It Il is understood that Mr Ir and associates held for transfer I under the proposed deal more moro than shares sharer There have o been a number nur- nur num num- her ber Or of or reports out on pro probable i terms On OneS One w was s that a share hare was Basked asked by tho the Utah people but bul that the Cobalt men were endeavoring to secure control lor Zor around 51 1 l a a share and would have closed the thc deal If Jt their offer offer of- of fer of or near trio figure had been accepted Another report Is that an or r of cast cash pa pay pal was L as made fair terms on the balance from the Wo mines mine's earnings arnn s. s But it Is I known that the Is amply able I to to wipe out nn any figure l ure made at the drop of the tho hat should their price have been met There Is said to hWO been beena but aroun-but but finally a deal of if Jockeying they failed to mako make a n get tret t away to together ether eth- eth er or and the thing was declared off ot The Empire Copper has paid out In dividends since Ince 1913 approximately The Tho mine has been 3 to tons toils tOiS of or ore oro a year car nil to Utah smelters The val val- nl ar an TI In copper gold old and silver The Tho has an a annual lual pro production c of tf OO to and am ama a dl dividend t I |