Show FINANCING ACCEPTED IN EAST Company Raises on Notes Makes Purchasing for Enlarging Mill Mi Although the action acton of the stock marketwise does not indicate it eastern eater authorities accent without question queston the report that Ohio Copper has completed the arrangement by which it I raises rise through the is issuing issuing issuing suing of notes secured by the com corn bonds hold held in escrow Colin CoUn Mc McIntosh McIntosh McIntosh Intosh the general man manager manager manager ager is in the east purchasing the ad additional additional machinery machiner required for dou doubling bling the capacity of the mill mi The two units unis already in operation are now treating between 1200 and 1400 tons of ore dally daily daly The monthly copper output is about pounds Costs Cost of mining and treatment have been reduced to a figure much lower than the early estimates of ot the man management ma management Concentrates from the Ohio mill mm are being shipped to the Garfield plant of ot the Guggenheims Which interests also attend to the marketing of ot the copper Just whether this arrangement will wU be made permanent has not been fully de decided decided although the American Amerian Smelting and Refining company has given the Ohio company rates which the latter later consider very ver The luau Inauguration of operations Opt at the new smelter smelter smelter ter of the International Smelting and Refining company within a comparatively tion short shor time may change the te situa situation situation ton There are now on the books of the Ohio company 2500 names whereas two years ago aga ago thre th were but a few hun bun hundred hundred dred tired From this it i would appear that control of the company Is In the street |