Salt Lake Telegram | 1902-02-19 | Page 2 | Syndicate in Control of Local Fluxing Ores

SYNDICATE IN CONTROL OF LOCAL FLUXING ORES Mines of Utah Idaho and Colorado Said to Be Affected Affected Affected Af Af- Af- Af by the Deal DENVER VER 19 Advices r from outside sources outside Cob Colo Feb Advices received from froni sources and borne out by Information Information obtained In Denver indicate that the Guggenheim Exploration Exploration I ration atlo 1 cOl pany has has' secured control of the output of ot lead fluxing fluxing- ores ores of t tri the e country ry and is in a position to dictate prices for this indispensable element lement i ithe Jl In Inthe r the smelting of precious m metals als r One by by one one during the past few months the Guggenheim Exploration company ny has baa secured d control of the leading lead fluxing mines in the the San Sai SanJuan SanJuan Juan and Lake Lak county districts of Colorado fi fife e m mines n s. s of Z the the Coeur O lr d' d district in Idaho and In The Utah district t. t and has effected a combination with the Whitney Ryan-Whitney interests to control the South Missouri l fields To do this several hundreds of thousands of dollars have been spent by the Guggenheim Gugenheim Exploration company with the millions which have been invested in the endeavor to to control l the ordinary lead product