Spanish Fork Press | 1906-02-15 | Page 2 | Will Rival Steel Trust

WILL RIVAL STEEL TRUST Gigantic Combination of Copper Leach and Smelter Companies New York Tho Important detail of tho copper lead and smelting deal which has been developing for months became known In Wall street Saturday Satur-day It can be authoritatively stated tnat an Industrial corporation which l jyl1 iS lzo riYa time billion nnd a ball dollar United States Steel corporation I will result from the deal now pending Negotiations which have already succeeded suc-ceeded assure tho formation of a cor porntion with a minimum capitalization tionlofn tion rtstocknoftalonqd 600000000n tion of 600000000 in stock of ona class to bo underwritten at par Tho corporation will absolutely Control thq output of lead and copper ores time smelting of ores and tho selling of tha refined products