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Show INSPIRATION COPPZR TO ERECT 5000-TON CQMAT1NC Hilt Whli plans have not beerr completed ; for the Inspiration mill plant. W. H. AW- ridge, consulting engineer of the com panv, says that they are preparing to conatruct a SO-ton concentrator oeer the I mine In Arizona. Mr. Alii ridge makee t plain In an Interview that there will be no merger of in tercets with the Miami company and that Ounn-Thompaoq and their associates are eo well pleased with the Inspiration that they can see no advantage ad-vantage In consolidating these properties proper-ties on the proposition made to them by the Miami company. He takes a hopeful hope-ful view of the copper situation, believing believ-ing that conditions have been adjusted so that there will be a demand for alt the new copper that is to be produced, with reference to th deal with Miami he said : "A suggestion was mail by the Miami people to the effect that Jotnt milling : arrangements might be perfected by , i whlrh the power plants and an en-1 larged concentrator would be owned by I the Miami and the Inspiration companies. ; The Inspiration Copper company advised the Miami that it did not consider a Joint ownership to be In the best interests inter-ests of the Inspiration. . . : ' "But ihr Inspiration ," TveTTe vTn f TM afl J consolidation of the two properties would, permit of very considerable economies In, : numerous ways, and that a consolidation : In other respects would be of material , advantage Co the stockholders of both companies, suggested that the Inspire-tlon Inspire-tlon company was prepared to discuss a consolidation. 8everal Informal conferences con-ferences were held between representatives representa-tives of the two companies, but no agreement agree-ment was reached between them. "The Inspiration company, thereupon, decided to proceed Immediately with the construction of Its works, the company already having; secured ample water for concentration on a large scale. The Initial capacity or the concentrator will be 6000 tona dally. Some of the last churn drill results at the Inspiration have been very favorable and It la expected ex-pected that the preeent devAYped tonnage, ton-nage, which la now about 34.000. ooo tons, will be Increased materially (Turing the next few months." |