Show TRYING TO DOWN HEINZE Such Is the Belief In Local Mining and Brokerage Circles The sentiment 1 In local mining circles now Is that there Is a tremendous struggle struggle gle on between the Amalgamated and Standard Oil interests and F Augustus Heinze the object of the former being to absolutely crush the latter and figurative figuratively ly Jv y throw him over the back fence of New ew Yorks financial and speculative stronghold It is III pointed out that there has luts been the bitterest kind of ot feeling against Heinze since he so cleverly floor floored floored floored ed the trust crowd crowt in Butte that when Heinze went to New York bought a bank j and undertook to divert dhert the moneys mone s con controlled controlled trolled and produced as a result of the j operation of his own and ant other mines not I unfriendly to him and his following H H Rogers and the rest of the push felt that his audacity was adding insult to Injury to Co they set about maturing a plan to kill him ilm ort oft It looks to operators here as though it was decided to first paralyze the copper ropper metal market and ant thus close th the doors against the wealth that might roll roU 4 Into Mr New York bank and andI I provide him with the means to enlarge his own influence in the mining and smelting world of ot copper as against the stand stant and deliver methods of ot the Amalga Amalgamated Amalgamated Amalgamated mated company t That the game the Amalga Amalgamated Amalgamated I mated company compan a pretty penny is s sI I sho in the announcement yesterday I that Amalgamated directors had hat met I cut Its Ha dividend in half Where the stock has been paying pa 8 per cent It is now on in a basis of 4 1 per cent and the stock Is Felling well under 50 O a mark which a alow afew low few if weeks ago was pegged as the limit of its decline from last spring Yesterday Yest morning n a wire from Butte told of ot the closing of oC the doors of ot the i State Savings bank the big Heinze Institution I reported to be he carrying accounts i amounting to more than As the news came It was construed as meaning that the bank had been forced to the wall At a little after aCter 3 the local of offices offices of ot Mr Heinze received a telephone message from R A auditor of ot the M O 0 P and all other Heinze busi busl business ness ICS enterprises of Butte Dutt to the effect that the banks doors had been voluntarily closed not through any weakness on the theart theart art of the institution but as a means of protecting Interests of ot all the depositors against a run which It was feared might I l le be e precipitated by the report from New NewYork NewYork NewYork York that Mr Ir brothers broker brokerage age ege company had been b en forced to suspend Mr lr Carnochan stated that the bank would open Its doors again within a week |