Show SMELTER DEAL DEALIS DEALIS IS CLOSED UP Papers Are Passed That Give Heinze Control of the Ma Majestic Majestic jestic Plant at Milford It I comes from an absolutely trustworthy source that the final papers have passed and that F A Heinze Heinz and whoever may maybe mayb maybe be b associated asso with him has secured se a alease alease alease secure lease and bond bend on the Majestic smelter at Milford and that the plant wilt will willbe wi be bE placed In trim for tor operation during the next few tew months there is no longer a question of or doubt A Boston dispatch of ot ofa ota ofa a day or two ago conveyed the same in information information formation but it was wa Impossible to get the matter authenticated until yesterday Before the crash erash came cm and before F A Heinze was caught In the disastrous finan financial cial cia typhoon he had planned the building of a great independent smelting industry In this state stat He had hd gone so ar a as to tomake tomake tomake make contracts with the Silver King Coal Coalition Coalition Iton company and other producers of or the state for tor the handling of or the product of ot their mines After the financial panic came on It became necessary to slow down Ion on the smelter building proposition for the time being Then It was that in looking over the field for prospective business that Mr 11 Heinzs engineers bumped into the smelter at Milford Miford a plant that was built buit and designed for the handling of both copper cooper and lead ores ar After noting the great progress that Wits was S being bIng made mide In n the development of the th mines of Beaver coun county county county ty and after taking the measure of or and other districts that could properly be b counted as tributary it is said the sug suggestion suggestion was made to Mr 11 Heinze that a quick start could be mado made by securing the Majestic smelter which is located a couple of or hundred miles mies south of this city ct on the line of the Salt Lake Route It I is said that the plant was thoroughly I gone over oer by H 11 C Bellinger the expert for Mr 11 Heinze and that a report was as made explaining what would need to be done to bring the plant up to date That was not a great deal nor would It I involve a a great outlay outa of at money mone so 80 negotiations looking to the securing of at the works were entered enter d The business might have all been fixed up long ago had bad It I not been for the Internal troubles of the Majestic company compan Itself IteI These straightened out the matter mater of ot securing the smelter on favorable terms it I is un was soon arranged Now the news comes come straight that the papers papel have ha finally passed and that Mr Heinze and his associates lare are getting setting ready for tor or busi busl business business ness Whether the securing of at this smelter In which to handle the Silver Siver King and oth other other othor er or ores for tor which Mr 11 Heinze has con will finally result in the la wi enlarge enlargement enlarge enlargement ment of at the plant or whether the original original nal nat scheme to built buit works at another point will wU be carried through remains to be seen but there is I a strong probability that Milford center during will 1 be b the tIle mae made next a couple great geat of smelting years ears The works already there are practically new The copper furnaces were used by bJ the old company compan only a short time while the lead furac was never blown blo In at all More ore detailed information concerning al tOI th most important undertaking may be e In the near future |