OCR Text |
Show UTAH COPPER PASSES 10 THE GUGGENHE1MS Directors Having Put Sanction Upon Purchase the Property Prop-erty Changes Hands. rresldent Daniel Guj-genhelm of the Guggenheim Gug-genheim Exploration company haj Issued an offlelnl statement from his New York cfllre confirming the recently reported purehas. ef j the L'lah Copper company. Tho deal has been completed and the Guggenheim are now In actual control of tho Hah Copper, the dl- ! rectors of both companies having ratified the ' purchase. John Itnys Hammond general manager of tho Guggenheim Kxplorstlon company, has boen apiolnte,l mnnnglng director of the Utah 'opper OOmpeJiy, end It Is expected that tho , nen controlling fon-e of the oompaay win . pitX led with the progmmme of Improvement I nn.l enlargement of the 1'tah company mappei I OUt by the former owners. The end desired Im a greatiy Im-reased output, and. with tho completion Of the fneliuies now under way. tho property la expected to more than fulllll t . qulr. ments. |