Show NEVADA CON SURE TO 60 GO IN INAND BOSTON AND UTAH UT An MERGER was vas Ever ll since ince tho time announcement made that the merger agreement between p Utah h Copper and and Boston Consolidated I h had d b been n perfected there has line been much 1 ns as to what hat will be the outcome out out- como come of or the deal between Nevada Con Con- and Utah Copper There has hiss b been Opposition among shareholders of or Nevada lc Con Consolidated to the proposal to exchange ex h A 21 2 shares shareR of or their for Cot one on share l of or Utah Copper and of late lato nt all tho thi r reports p rt from tho the east allt tend to show shor that th l tint c consent of ot a majority of ot tho time Nevada Nevada Ne Ne- e. e shareholder will not h be given hen vada rM Nevada Interests I cs It Tt 1 s claimed b by c e of oC e of oC that th a t thi thoA t h y have h ave expended d e d upwards u p w a In constructing the thov Steptoe smelter and reduction plant building the theN railroad and equipping Nevada N Northern tho properties of nt the company compan for tor production production pro pro- This larg aIt outlay of or cash and the present showing In the great pit AndIn andIn And In tho Star Stal Pointer shaft sharI are are- regarded than the amount as AI far tar more valuable valuable- the tho Utah Copper 1 la is willing to allow them In lii rate of or exchange Thus Thug the thc objection now Interposed by quite a largo large number I of oC shareholder In III spite pilI of or these hes protests from tho the Philadelphia and New New ew York shareholders and th the tho eastern reports report that there is 18 no chance of a merger 3 agreement being consummated consummated con con- summated ummat d with Nevada Ne Consolidated on the basis haRI of ot exchange submitted it is isgen gen rally ll understood that a majority of oC have hRc hR practically agreed the tIme shareholders rl c to n accept tt the Utah Copper opper POP proposition It I Ito hl which expires on February r 1 15 It will take t kf until the end COd of January Januar to tu complete com corn the thc transfer of or the Boston property perty to Utah Copper and it I is claimed c by ono Is authority that after Arter this thin transfer trans who who- an fer ha has been made the matter of or taking Con Consolidated will be beon over o o eI tho the Nevada Xe gone on Into and amI brought to an early caily con- con t It dOes d e not Pot appear to bo ho clear dear to most mining men inca just what advantage d there thero Is Isi to be bo gained by consolidating proper proper- properties ties tle at al and Ely El Some Somo believe that It is 15 part of oe an extensive mer merger er that I Is on foot toot b by the J Jackling and Guggenheim Interests If t I Itt tt this lR bo true It will probably bo ho a question question ques ques- I tion of ot a short time until Ray Consoli Consoli- dated Gila and Chino are oro taken n up by bythe b the mammoth company compan- that Is Ig formed b by bythe bythe the controlling interests In Utah Copper Still others arc are o of the opinion that the thc crowd have ha havethe havethe T Penrose Jackling arranged In the thc best organization ever cr mining and that the Guggenheims Guggenheim copper coppel and associates arc anxious to avail U themselves Cs of this splendid administration tra rate it is II a foregone one conclusion conclusion con con- tion At tt an any will bo be boa boa Consolidated th that t Nevada Nc a apart part of or tho the new ne concern conc rn |