Show SMELTER TRUST SCARE Moving to Head Off New Nev Con Com Conc Conce ce c ins ns S t WANTS U S COS ORES GEES I GETTING PEAT TO BUY UP TIP UPS S MUTES MINES MINESt t S Last La t Thursdays Boston News Bu Bureau Bureau Bureau reau ys y The TIle activity and strength in United States mining shares is le due to the fa favorable favorable reports report received from Salt Lake La City as to the operation of the Bingham smelter The com corn company company pany has haa been holding off oft in the build building lug ing of a smelter until the Bingham smelter had bad commenced ed operations The building of ot o a smelter for fortne forthe tile the treatment oT o Bingham ores was an experiment Such a plant can be built for t r about less les than the old form of smelter anster liler now in use in the Bingham district dt not to speak of the theS S great saving in hi operation of a plant The success BUcce s of the he experiment therefore will undoubtedly result in the thee e building of a similar plant by the United States company On this end of the line Une it was stated yesterday that the American Smelting Refining company officials have an n neye eye on the United States mines and nd directly on Managing Director Hot Hoi Holdens dens return from abroad an attempt will be made by the thc combine to con contract contract ConI tract for the ores of that property I Heralds informant said aW aid that smelters were becoming entirely too t O 5 numerous m in n this valley to suit the great corporation ratton that has now under undertaken un er taken the erection of a plane plant plantS S and it I t is believed to be suffering from froma a nervous attack at the outlook 5 With Wi th the Bingham great plant in successful operation o coupled with the tact fact that it is reaching out for ores of other companies and nd talk talking talking ing lug of increasing In its capacity to 1000 4 tons a day the combine Is 15 sufficiently S uneasy without waiting for f r another plant of the same kind Consequently it is believed that overtures are to be made to Manager Holden to treat the theS i S ores of the United States mines at such a figure that he b will feel impelled im lIed to let them go to the trust rather r than build b Ud an individual plant and at a 8 figure too that will effectually shut out any offer from the Bingham company S The smelter combine com lne Is also said to have its grappling irons out for other mines in this state and a merry war that can hardly hurt the producers is evidently now being planned with every attention to detail Important de should come within the months I |