Show BOSTON ArID AND UTAH r IS T TAUD Eastern advices adriel's are re to the effect that the thc proposition to al amalgamate lal amate the Utah Copper and Boston Consolidated properties prop properties at Bin Bingham ham is still bein being con con- While no official action on the subject has has' ever been undertaken by br either esber company some informal sparring spar spar- c y rm ring was done between some somo of the I 0 lar largo large e interests in in each company So far Car as ns can be learned the ori original inal proposal pro pro- J J. to exchange Boston Consolidated hares for Utah Copper on a basis of 1 three Boston shares for one of Utah was ws immediately turned down by the ty nr Boston Doston Consolidated Lar Large e En English lish holders were advised to refuse this proposition by the 7 shareholders in this countr country and later 4 s the Boston crowd said that they were cere 1 t- t twilling willing to take up a 1 deal on the basis O of two shares of Bo Boston ton for lor one of 4 1 Utah j Favored Exchange This was in turn refused by Utah Copper and then some sonic of the Utah people appeared to be in favor of makin making an exchange e at the rate of two and one-half one shares for one oth oth- In ng has bas been done officially on this Inter later proposal With the Boston Consolidated reduction I tion plant at Garfield Gareld running at capacity capacity ca ca- ca tons of ore are ben bein being treated re tec daily and on this output alone e it is estimated that the company is isS is It S making makin better than each month In addition to this a good tonna tonnage e isS is S bein being mined rained and marketed from the sulphide deposits and within the year rear the company should be showing a net Det profit approximating over a millionS million S dollars annually The future of the property is indeed bri bright ht as its operating oper oper- S atin can be carried on at a a. lower expense expense ex ex- ex pense each month as aa the development de work at the two mines is advanced rt n seems ems highly probable that the directors di directors di di- S rectors of Boston Consolidated will soon take some action on the matter of enlar enlarging in its ita mill capacity Originally S nally it was the idea of President Samuel Sam Sam- uel Newhouse house to have ha a a. ton mill mill- r t desi designed ed Some of the plans for this 1 work have already been completed andi and i with the tracks and other improvements improve 5 ments on the mill in sight i ht it is is estimated estiS estimated estimated esti esti- mated that the ton addition to S the reduction works proposed could beI be installed at a much less expenditure S. S I than the cost of the first units now in iJ S IJ commission S Increase Mill Capacity 55 Should the mill milt capacity be doubled it would necessitate some more financing financing in ing and with the large capitalists now heavily interested in the property itis it itis itis is claimed that it would be an ea easy euy matter matter matter mat mat- ter to raise the tho money that will be re reo re- re S In any event ent it is is almost an assured fact that tho the mill mm capacity of both companies will win eventually be increased Utah Copper interests have taken up upS this proposition several times and it S has finally been decided to let the matter matter mat mat- Boston BOlSton ter go 0 over until next year will need to have a lor large e mill to getS get et S its cost of operation reduced and the same principle applies to the Utah S Copper Should both companies doubleS double'S double S 'S the mill capacity it would mean that S 1800 18 tons of ore would be treated daily dally at the Garfield mills NEVADA STOCKS James A. A Pollock lie Co bankers and andS S brokers 6 West Second South street fur fur- l. l utah the received over their S private wire I BId I Asked S GoldfieldS Goldfield Goldfield- S Sandstorm 08 S. S Mountain I 4 b Columbia Extension x r 21 g 22 22 Kendall 04 Booth 13 Bull l 08 5 Blue Adams em 01 gI 07 02 g S S Silver Pick 18 5 i Blue Bell 02 03 St St. Ives 10 Lone Star 04 S Kendall Extension 09 S Atlanta 15 1 17 Gt Bend e 08 Red d Top di Extension i i g Florence ld B. B B. B Con 03 64 4 Goldfield Daisy Dals 22 23 Combination Fraction 65 6 66 Great Bend Extension 01 Ot Gt Bend Annex 02 5 10 11 S Portland 02 04 01 Crackerjack Ot 01 02 02 Francis Mohawk 06 S Red Hed hills 08 08 09 S Yellow Tiger 08 Grandma 02 03 03 Goldfield Consolidated S Triangle 02 Comstock Comstock- Ophir 1171 I Gould Giuld and Curry 31 32 I Consolidated Virginia Savage 55 55 56 Hate and Norcross 57 59 Yellow Jacket iio S fletcher Belcher 77 89 Confidence S Sierra Nevada 63 53 54 54 Exchequer 45 46 Union 57 58 Chollar r 30 31 I Potosi S Tonopah Tonopah- Tonopah Nevada Montana Tonopah 78 Tonopah Tono ah Extension 60 S MacNamara 34 35 S Midway l 20 22 S Tonopah Belmont elmont 89 S S Tonopah North orth Star 04 04 L t it Wet West End Consolidated 33 Rescue 03 03 JIb nb Butler 11 1 Bullfrog Bullfrog- National t B Bank x Amethyst g t tB Bonnie Clare 06 Mayflower Consolidated is isS S Montgomery olt Mt 03 M 04 S Homestake ConsolIdated 02 02 Tramp Consolidated S 05 Manhattan Manhattan- Manhattan Consolidated 03 04 0 Dexter 5 Mustang oi 01 0 5 PIne Nut Nut oi oi S Other districts districts- Nevada Ne Hills 80 S Silver Peak 60 50 S Eagles Eagle s Nest 04 0 S Round Mountain 6 S S Rawhide Queen 2 S Rawhide Coalition 2 21 22 |