Show MARE E CONSOLIDATION De La Mar Nevada and the I April Fool Negotiating CONSOLIDATION IN VIEW The Two Great Properties Combined Would Permit of More Economy and Effect Greater Results than In Working Each Separately Deal Has Been Under Consideration for Some Time The Golden GateMcr cur Combination Not Completed But Will be Tomorrow I j i That Qapt De La Mar owner of the bonanza which bears his name and the company owning the < April Fool nt DeLia De-Lia Mar Ncr have under serious consideration con-sideration at this minute the consolidation consoli-dation of those two properties that are practically sustaining n camp of 1JOO I population was revealed yesterday afternoon af-ternoon and whereas IiiS shares in tile latter had been an offering at reduced llgurcs not a pinch but was held as a tight wad vhcn the lights wore turned on last night Down from Butte thcro came on the morning train J Benton Lcggai the new president of the April Fool Mining company Frank L Sier and F M llodgcns both directors di-rectors whim Clarence K McCornick Is serving time company In a similar capacity which affords them four very sober heads with which to enter the conference with the Captains representatives repre-sentatives in this city That such an alliance has been under consideration for some time has been known to not a few notwithstanding the refusal of I Hartwlg A Cohen Ito manager for I i Capt Do La Mar to discuss It or In j have It discussed In his presence The logic upon which the alliance between be-tween the De La Mar and April Fool mines at De La Mar Nov Js proposed is the logic that Inspired the alliance between the bonanzas at Mercur Indeed In-deed the situation at De La Mar NevIs Nev-Is identical in every particular with that which presented itself at Mercur In the Nevada camp the Captain has constructed a mill that is about as near perfect as that quality can be approximated approxi-mated Through It many MILLIONS IN COLD Have and are now pouring Into his pocket It is capable and IK now handling han-dling DOOO tons of 01 c monthly The April Fool too Is equipped with a mill from which has conic n great deal of gold but Its capacity dwarfs Into Insignificance In-significance on comparison with the neighboring structure 3t has been the intention of tho April Fool company by which lie proposition was purchased for 100000 about a year ago lo enlarge en-large this plant but why incur this expense when consolidation with the De La Mar was possible That view of it presented negotiations between the two wore opened and with the April Fool crowd now in this city it looks as if there should bo no delay in constim mating the details For many moons the April Fool company has been concentrating con-centrating Its energies upon develop mont work and with it Is said most gratifying results New ore bodies I i have been opened up as greater depth j has been attained and while the basis of consolidation has not been divulged I il is said to be satisfactory to the prin ctpals The reorganization It is tin l derstond will be on a basis of 5000 000 for the consolidated domains while the alliance means as much for De La Mir Nev as does that of th bonanzas of Mercur for that camp It means a least of life and a measure of prosperity pros-perity that In no other way could bo attained It will be remembered that Capl De La Mar rejected a bid of 3100000 made him by a London crowd for his holdings at De La Mar while the April Fool it Is claimed necr had as much ore exposed as at present |