Show INJUNCTIbN DENIED Court Decides in Favor of Amalgamated Amalga-mated Copper Combine Newark N J June ViceChan ccllor Stevens today brought the suit of Calvin O Gcer and the C H Venner company against the Amalgamated Copper company to a sudden ending by denying the application of the complainants com-plainants for an Injunction to restrain the absorbing of the Butte Boston and Boston Montana companies by the Amalgamated company Isaac S Taylorof counsel for the complainants gave notice that he would appeal and the ViceChancellor therefore granted a temporary stay until Thursday next at G p m Meanwhllle the Intqrestea parties In the case must file a bond for 520000 each to cover any possible damage When the case was called today much lime was spent In presenting schedules showing the quoted prices oC the stocks of the companies between April 13th and June 12th This finished fin-ished Mr C Albert Lamb of counsel for the complainants tried hard to get In a certified copy of the report of the Butte < fc Boston company showing the assets and liabilities of the company at the close of last fiscal year but Linda bury for the defense objected claimIng claim-Ing It was too late He was sustained The report which ho wanted to get In was signed by Henry E Rogers as president and William G Rockefeller as secretary They arc two of the dl rcctors who have resigned At this point the ViceChancellor announced an-nounced that he proposed to shorten the discussion by eliminating arguments argu-ments on all phases that have been passed on by the VJceChancollor Ho added that the one question is whether the transaction of the Amalgamated company is Illegal because of the fact that Directors of the companjr owned stock In the company to be absorbed and whether the price It is proposed to pay for the stock In said companies Is excessive Mining stocks fluctuated somewhat he paid and arc dependent on so many various conditions that one cannot say what Is an absolute indl catlon of Its value therefore he would refuse to permit arguments as to the relative values of the stocks The corporation cor-poration he said gives the company the right to purchase or acquire stocks of other companies but not at excessive exces-sive prices Ho then ordered counsel to confine themselves strictly to the one question of the price to be paid After an hours argument he suddenly Interrupter counsel by declaring there was no use of wasting lime He then denied the UjipllcaUon Upon notice of appeal to the Court of Errors made by counsel for complainants complain-ants a temporary stay until G p m Tuesday was granted The Lower Mammoths Riches Accompanied by 1 a consignment 6f ore In which not a little of as rich silver ore as was ever encountered pi Tin lie is included Superintendent Ball of the Lower Mammoth came In from Tlntle yesterday The latest develop ments in the west fissure according to the visitor promise to make It as productive as any portion of the com panys territory A week ago a font of lead ore was uncovered In thin fissure while on Thursday It hail opened Into a full breast of ore running well up in silver with about G percent per-cent eopner The lot of high grade now at the sampler and that will be sold 03 sOon as the controls arc obtained prom ISOH a nlcasnnt fliirnvlr > fur Hin t virAn liolder Superntendcnt Ball Is entitled to most lavish praise for the results accomplished ac-complished by him at the mine hue the shareholders are making his visit an uttreeable ono Sacramento3 Sulpnides Increase The bodies ol goldboarlng sulphides al the Sacramento continue to Increase with every t4hliU said Manager Me Conaughy who came In from that Mercur property yesterday and underground under-ground Lila proposition never looked as well as at present The output at present consists of about 120 tons daily evenly divided betwen the two classes of ore of which the mine la productive while the earnings arc fully up to expectations ex-pectations The roaster is behaving very satisfactory while daily Improving Improv-ing its work and conditions generally Compare with those of any period In the career of the properly J D Heifer who accompanied Messrs Both well and McConaughy through the mine expressed ex-pressed his astonishment at the magnitude mag-nitude of the ore bodies of which 119 had not made an Inventory for a lone time I Reports Prom New Strike at Reno Calvin R Johnson for several years Identified with the mines of Blngham han reached Reno Nov on bin return from the Pacific coast and la inqulrng continued on page 7 t ivE TO PARK VALLEY C I g I Continued from page C 1r Into the now strikes that arc being t recorded at the Nevada cttmp In a letter from there Mr Johnson reports rE the opening of Home very large bodies with every evidence that the mineral bearing belt Is one of the most productive pro-ductive In the West The ores are found In the porphyry and along a big r dyke Among the Salt Lakers who 1 I have obtained a foothold In the cainp dre A El Bemis and Messrs Taylor and McCoollonff Mr Johnson IB most L favorably Impressed with the showing1 r which has been made at the camp while the smelter returns on shipments forwarded to Selby at San Francisco show a splendid margin Mr Johnson i will remain at the camp several days before returning to Salt Lake In the hope of tying up a group to commend to his friends here |