Show AN AGE OF consolidations throughout the industrial and mining world this is an age of consolidations and especially is this the case in the mining camps of the west where gigantic mergers are the order of the day in ill some localities sentiment is largely against these consolidations as a one mine camp is not always to the best interests of a district or camp but from a financial view from the standpoint of economy where the object is the greatest profit for the labor and money employed the practice of consolidation is looked upon with evident satisfaction by the investor and those who hope to reap benefits from mining operation regardless of the influence of such mergers may have upon mining camps where their interests are centered in utah consolidation is daily growing in favor and the practice is being extended into our leading mining camps park city takes the lead in this respect closely followed by bingham and eureka and it is believed that such combinations will result in a greater output of ore a decided increase in dividend payments and a greater economy in operation it is often the case that two separate but adjoining mines can be worked to much greater advantage if consolidated than if they maintained operation under different managements in many instances one plant of machinery would suffice for the operation of two 01 more adjoining properties thus reduce s the expense as far as management I 1 is berned and the expense of maintaining t h or more plants of machinery reduction in works and a dual system of mine mille operation it takes immense capital to handle ti li consolidations but the man who puts up tte th money the investor who stands bahi behind 11 d the promoter knows that such consolidations Q are based on properties of known and actual merit and that the best talent obtainable will be employed to make a success of a proposition which worked independently by two companies could not much more than pay operating expenses let alone the distribution trib ution of regular dividends |