OCR Text |
Show SikejeS 1 ores ! Reports Say. the International Wants to Secure the Silver King Resources. 1IEINZE MAY HAND OVER THE CONTRACT This Would Give Company Big Advantage Over Its Smelter Smel-ter Rivals. The conviction is becoming well fixed in certain eastern circles that 7. Augustus Augus-tus Ileinzo and the Colo-Ryan syndicate to a certain extent are roachiup an understanding- bound to result in great good to mutual interests. Mr. Heinze, with his contract for tho Silver King ores, and with his Ohio Copper production produc-tion close to the logical hour, lias no small assets for the Cole-Uyan people to take into consideration, and that these things arc being considered is shown bv eastern reports to the. ofTect that the "Cole-Ryan people, or their new company the 'International Smelting and Re'fining company will havd first call on the Silver King ores at the hands of Heinze, jnsl as soon, as tho company is in shapo to receive the same. These ores are now being smelted smelt-ed at the plant of the American Smelting Smelt-ing and Refining company. Should the International company corral the Silver King ores, it will have as a starter a firm grip on the lead production pro-duction of the state, for it is well known how actively this new company is securing calls on other mines of Utah. It also demonstrates pretty conclusively conclusive-ly that tho compnny intends to become a factor in the lead as well as in the copper field. The companv is supposed prima rilv to be an adjunct to the Amalgamated Copper organization, and tho ores of the Utah Consolidated of Bingham and of the Giroux Consolidated of Ely are certain to fall within this company's hands. So U seems well settled set-tled that the influence of tho company will bo felt in a lead-smelting way. also.. No surprie is felt out. this way that the powers that be of the Amalgamated company are willing to bunk with Heinze, or vice versa. While in the past the two havi waged severe battles in Butte, it is known that there exists between be-tween Messrs. Ryan and Heinze sincero personal regard, and no matter how they might havo fought each other in the interests of their respective companies in tho past, they have not allowed the breach to so widen that connections are an impossibility when their respect) vo interests demand union as time unfolds While it may bo unfair to say that the Interna tiorinl company was born from tho inability of the Utah Consolidated Consoli-dated company and tho American Smelting Smelt-ing and Refining ocinpany to agree on a new ore contract, it is known that this disagreement had much to do with the formation of the International, and it is known al?o that tho International company is after the scalp of the American Ameri-can companv in a fashion not to be disguised. Thc first blood way drawn when tho Utah Consolidated ores wero contracted to the new company, and socond blood as well went to the International Inter-national wheu it succeeded in getting the Giroux control at Ely, something that the American company had been trying to get for the pastyoar or two. And now if the Silver King ores go from the American to the International it would appear to one on the fence as if this makes blood No. 3. Up to the present time the ores to bo marketed mar-keted by tho Ohio Copper company have not been contracted, and this ngrcoment between the Cole-Ryan mid Heinze interests in-terests points rather conclusively, that the new Tooele county smelter will get the Ohio Copper concentrates. There is a big fat bat lie wagtug in the east over western mining interests, and whilo onlv an occasional echo reaches this far in the mountains, there is no doubting the fact that the heat of the war rages over Utah propositions. proposi-tions. The disputed ground is the supremacy su-premacy in the copper and lead fields of tho state, and the west is a close listener for these echoee. New York Mining Stocks. Jumes A. Pollock & Co., ba niters and brokers. 6 West Second South street, nir-nlsh nir-nlsh the following, received over their private wire yesterday afternoon: LISTED, STOCKS. 1 I Sales.) H. t L. ICIse Ncwhousc 1.0001 m :;ij si Utah Copper 1.300 44jj 43l 44J Tcnn Copper 2.000 4-t: 4ia. 4-j NRW YORK CURB RANGE. I Soles.) H. I L. IChia Cum Ely J WOO'. 7) 731 72 Ely Con I 12c 12o 12c Dom Copper I I ( J, 8 G Gaud Sliver iv- ?,cl ri:i 1S Nevada Utah 1.000 3 ! 2i! 2 Nev Smelter U i . Mitchell i-'-V.nA J A ? Giroux Con I. 8, $ S Ktntr Edward I 100 g. 8 B Tintlc Minlnp .... . 21, o First Nat Copper ... l.oOO, 61, b. bl Boston Con 300, 111, UZ Hi Nevada Con 20.000 20 10l 20 Yukon Gold '. InO 4 Miami Copper .00 S Hi 142 Ray Con 300j 11 13; Mont Sho 15 1 gait Central i lS.OOOj ill! 40 ; ill NEW YORK CURB CLOSE. I Bid. I Asked! Butte and London ;.. !!,. ,J Cumberland Ely ' 1"-1 Giroux Consolidated : Si Ji Nevada Consolidated 13? 20 Nevada Utah 2;2 lo-" NIplBSinc , !0? 11 Newhouse 1 ;;J Tennessee Copper J- -i Utah Copper ? 44 Davis Daly , ? , Dominion Copper J-16't J Ely Central ' '-16 0-16 Ely Consolidated 1- Furnnce Creek 1 Greene G. and S. com -' Mitchell ...... i a Montgomery Shoshone i 11 Nevada Smelting , . 1 Silver Queen , Silver L'eaf . T2 Kins Edward A Foster Cobalt .r.JO 40 Cobalt Central c ;0 41 MoKlnlcy-Dan-ash 3- H;. Tlntlc Mining 2i Gibraltar El Rnyo 7? -i Mc Mac .. U U Ray Consolldatfid !! First National Copper ..... .01 M Boston Consolidated J Us 1-, Yukon Gold 41 4i North Butto Extension .... 4 0 Miami .Copper 141 112 B. S. Gns 11 U Penna-Wyominc 4 e |