Salt Lake Herald-Republican | 1909-11-21 | Page 7 | Mines Included in Big Copper Merger

MINES INCLUDED IN BG BIG COPPE MERGER Would Control Output of Pounds Progress x Made in Deal Negotiations looking toward a a merger of copper properties have progressed far farenough farenough farenough enough to t warrant the te statement that thai the transaction will wi be completed before the close clos of the te year ear An official an announcement announcement announcement by the first firt of next month mont would not be surprising says the Wai Val t Journal It U is 8 now flOW certain cerain that the Amalga Amalgamated mated and ad Guggenheim prop properties prop properties ertes and perhaps other companies will willbe wi willbe be included In the tha merger The United Unite Metals b Selling company and ad International Smelting Refining Reining company will wi per perhaps pr haps Imps b b subsidiaries of the consolida consolidation tion The combination in the event of ofa ofa ofa ton a merger as described derbe would Include the following mines mIne mins Amalgamated Anaconda Boston Montana Parrot Part Butte Bute Boston Vasho Calumet Arizona Arzona Superior Pitts burg Utah Consolidated Utah Cop Copper Cop Copper per Pit North Butt But Butt ButU Butt Coalition Ne Nevada Nevada Nevada vada Norh Consolidated Cumberland Ely Greene Cananea Giroux United Metals Selling company and International Smelting Refining company The mer merger merger merger ger may ma Include the Inter Interests Interest ests Ray Bay Consolidated and other mines mine est but no definite statement in this respect can be b made madeA madeA A S R Not Included The merger of the Amalgamated Copper company Interests and United Metals Selling company would give the consolidated company control of some something something thing ng more mor than pounds of cop copper cop copper per er output yearly It Is not the tie Intention Intention tion of the banking baking interests Interest now work workIng workIng Ing lug ton out the merger plans to Include the American Smelting Refining company Conferences bearing upon the copper merger are being held this week week but ac no according a cording to well wel Informed interests interest no of official coring statement Is likely to bo be made in inthe Inte inthe the near future notwithstanding that ne negotiations te are ar being pushed forward as rapidly as possible The statement Is made that the capitalization at if o the con consolidated company is likely to be b nearer than 1000 All Al OO the copper are now work workIng lug Ing In harmony In an effort efort to effect a consolidation Ig realizing that should the plan fall fail tal the copper Industry would be thrown town Into a state of demoralization from tram which It I would not recover In years One of the objects of the merged com corn company company pany would be to regulate the Industry Eumer Bumer satisfactorily to producer as well wel as con