Show COALITION Of OfEl El YS Guggenheims Fix Basis of Ex Exchange Exchange Exchange change at 31 3 14 1 4 Shares for One OneAt At the annual annu I meeting of shareholders of the Nevada Consolidated company to tobe tob tobe be b held Nov 2 the shareholders accord according accordIng according ing to the call cl just issued are to vote vot for forthe forth forthe the th issuing of 40 shares of new stock to be offered in exchange for the 10 shares of the Cumberland Ely company upon the basis of one share of Nevada Nevada Consolidated stock for three and one quarter shares share of Cumberland Ely EI It I Is declared declare that this action acton is recommended nde to the shareholders rs by the unanimous vote vot of the board bard of directors director Many conferences were held to bring this about abut says the Boston News Bu Bureau Bureau Bureau reau and the action acton was accepted by large minority interests only onh when it I was shown that the Guggenheim interests were In such control of Cumberland Ely that no other outcome was possible and Cumberland Ely stockholders might have been ben worse wor off had the Guggenheim in interests teresta been defeated in their plans and remained in the management with shares of stock stok It I is claimed that Nevada Consoli Consolidated Consol dated datt stock will vIll wl now be made to sell sll at ata ata ata a a price pric stok which when the above plan goes ge through will 11 permit Cumberland Ely stockholders to get a higher price than the present prent quotations for their stock though with wih Nevada Consolidated at 24 24 a 8 3 exchange basis bis places a value of stock 73 per share upon Cumberland Ely |