Show U AU COPPES COPPE'S COPPERS COPPER'S SIE T J BOSTON MERCER I Perhaps every ever mining man In Utah has watched with wih more or less Interest the progress of ot the merger of Utah Copper and Boston Consolidated properties at Some have been laboring Under un under under un- un der the impression that such a deak dEat wa nearing Hearing consummation and and ant almost all an agreed that It i would be a good thing for all aU interests as well wel as the future development development develop develop- ment of Bingham The statement Just given by one of los the directors of Utah Lopper Copper to Ot the Boston News Bureau fol follows follows fol- fol lows There have been man many rumors as to a aj y j irrespective g t company p consolidation s and the tho Boston of the Consolidated Consolidated Consoli Consoli- Utah I dated Copper company compan I wish to state that there have havo been no ne negotiations on i r j th the part of the Utah Copper people look- look 4 1 big Inz to an amalgamation of oC these thes proper proper- i Certain Interests who have been tes 4 most most influential In the management of oC the W. W t Boston Consolidated some lm time ago apt apI ap- ap t f preached e certain n directors of t the Utah I i. i Copper p c company o at with a view wo woI to o an a amal- amal I I. I it tOI They were informed that the T Utah Copper company compan was as not seeking an i jy amalgamation and had no suggestions to 1 offer ofer in the matter mater Then the they asked Itan if It if an exchange x n no o of shares re on the basis of ISa J k- k three rc for one p would o be e Oc considered n and p JY they were Informed that If a suf sufficient L i number of their stockholders Indicated i 1 f definitely that they would like to exchange exi ex ex- i change on a tue three for one basis the Utah Uth would Copper be to people very en glad exi ex- ex i i. i v amine the proper property and estimate whether f ii j or not it was worth orth their while to take J j v b the property on su such h a a. basis t H 1 s It I was as furthermore distinctly stated to r the Boston Consolidated people that there I i would be no no commissions of an any kind I 1 shape shapE or form payable to anybody In connection connection con con- conI I J necton with wih such an 8 amalgamation that the Utah Copper company compan would simply 4 tender whatever hate number of shares were k necessary to give Jhc one for three to each 1 shareholder of the Boston Consolidated i The stock of the latter com company pan Is i c Y selling at about 16 6 Utah Copper at 51 5 i l Three times is The 2 16 i 48 8 record of S Boston Consolidated Is no dividends continual continual con con- issuing of new securities and no I. I monthly succession of net profits The record of Utah Copper is a big jY r cash working balance balance regular dividends with a most unanimous belief belef that the management is the thE best possible Every Every- one knows know what managements means mEans in ina a mine and yet et the Boston Consolidated 1 people pEoplE with wih their shares at 16 6 would like IlI to make the thE hah basis of consolidation such that the present prEsent selling values alues would r c not be at alt all al indicative of the real merits meris p. p of the properties and the tho successful management man man- I h of oC Utah considered as a l liability Instead of as HS an asset The Utah Copper company's leading stockholders ar are content to go on with their present property their present large cash ash In the thE treasury nn and 5 their present dividends and trust that the Boston Coni Consolidated Con Con- i shareholders sharEholders are equally satis- satis sats sats- fled fed to go on with their thair present Income MARKET IS WEAK AND TRADE DULL Market larket conditions showed shoved no improvement improve improve- ment at this mornings morning's session of the local ocal board The Inq inquiry for stock Is tight and save sa e for te support that Is given a few of the large lante propositions b by the Insiders the ruling prices would be chang changed d materia mate mate- ria I within a few das time During the morning shar shares s were disposed of for which the purchasers checked out In places the market gives Ilves evidence of further breaks unless some relief Is given from outside sources While the time Limo may not be close cose at hand yet et it I Is ener- ener ally aly understood that it i Is a question questIn of time until even the big Interests In the various arlous companies will wl refuse to hold the market In place The only relief for these stocks Is the Infusing of some new blood The ThE east Is expected to eventually bring about the aid that is II sought Grand Cen- Cen Sioux Consolidated and Caries be- be to the Loose syndicate have been given Iven aid In times past by eastern investors In- In and with wih some new strike or Im- Im In ore bodies s these people may again to the relief by makIng Investments investments In- In vestments In the shares The closing cosing quotations were as follows on the regular call cal I Forenoon II I Afternoon I Bid Bid Bd Asked Addle Addle s O 03 Ajax 1 34 37 3 1 33 40 Alice Alce B 11 Tun 36 16 36 34 14 36 Big g H 01 03 B 13 Amal 10 11 1 13 BI Jck 22 23 22 23 Boat Con 1 1500 1 1500 Bullock fo n. n h s sC C Bird 1 02 II 02 Carisa I 84 I. I 84 C Tails 83 05 04 O Cob Colo 04 I Col Con 1221 1225 Con Mer ler In 25 17 Cr Pt 11 12 12 1 D Judge Judge 37 37 D Canyon Canon 00 Dr Iron 38 38 D Stump Hump 07 01 Eureka EurEka 03 03 03 E B B. B 70 7 F E Net Nest 03 03 E Cr Pt I 03 E E Tin Con 03 1 63 0 E Tin De 13 12 13 E T G I 01 Emerald 10 10 Galena Galena 04 04 Godiva 2 2 25 Reef 11 1 14 1 12 15 Gd fd D Gr Cent 2526 02 06 02 07 01 mt Int Oil 01 05 06 Ibex Gold Gold 08 Sod Ind 04 05 05 Ingot Ingot 01 04 Inyo Ino Gold Gold 04 05 05 Oi Iron Bios Iron Irn K 17 18 18 18 J Bow 00 03 00 02 Keystone 24 24 27 K David David 20 40 K Vm K Vm 40 40 Lead Kg Kg 01 01 Lehl Lehi Tin Tin 02 05 02 03 Lit Li Belt Bel Lit 11 Ch 50 30 10 45 L Mam 40 42 40 43 MaJ Id 11 90 Ma Val May Day Day 25 Mu i Hill Hi OH 05 Mm Flat 06 07 Mt t L 1 15 1 13 11 15 Mt 11 L I. I Ex On 02 01 OH 02 Moscow 20 20 McKinley 03 03 Nev Brit Brt 30 50 30 0 50 Nev Ne hills His 70 8 8 70 80 Newhouse i N York 04 06 04 05 No 02 02 Ohio Cop Cop Pioche M 1 09 10 09 05 08 05 08 Prince y Con o 1 lg 1 Provo 10 09 R Ana 09 12 16 Shot hot Cli Ch I Schwab 02 02 Sev Se Tr Tr 15 ll 13 13 till SI King j gil Shield h t I 03 Sioux u Con 95 g 96 96 96 g 97 97 So Col Col 18 1 1 1 15 So I Bos 01 01 02 Swan Con OS 09 OS Swan Ex 00 OO Texan 09 10 10 Tin Com 02 02 Tin Emp 03 03 Tin 02 02 U Placer Ot U Sam 72 74 72 73 U S 64 1 Utah Con 11 12 12 Vie Con 07 On Victoria 15 I W Ut Cop Wabash 1 11 W v Nev Ne 21 28 26 27 Yan Con 15 22 15 13 23 Yer Cop 1 03 04 02 I. I FORENOON SALES AJax 1000 at He Beck Tunnel at 56 seller seler sixty days Carisa Carla at at a SIc Columbus Con at 1221 Cr Crown Point at buy buyer r sixty sity days das 1500 at lc Grand Grad Central at 2524 Iron Irn Blossom 2000 at 21 at 1271 seller seler sixty sity days das at 1271 buer buyer buy buy- er thirty days das Mineral Flat 1000 at at Uc Mountain Lake Extension 1000 at c. c Sioux Con 1100 at He at seller seler thirty days das South Columbus Con 2200 at Swansea Swansea 2000 at Victor 1000 at Western Wester Nevada Nevada at OPEN BOARD Black Jack at Crown Crow Point at East Est Crown Point 1000 at East Eat Dev 1000 at at lc He seller seler sixty days Grand Central at 2521 2526 at 50 seller seler sixty days Iron Blossom 2700 at 1271 27 i at 1271 buyer thirty days das Little Bell Bel at Mason lason Valley at 50 at 25 at 2321 2326 seller seler sixty days das at 2321 Mineral Flat at 1000 at Hc Ohio Copper at Provo 1000 at Uc Sioux Con at OSe TOTALS Regular shares board 1680 shares Total sales shares 10 AFTERNOON SALES SAS Black Jack 1000 at 1000 at buyer buer ten days das I Carisa Caria 1000 at East Tintic Dev at Iron Irn King at seller seler sixty days Mason ason Vale Valley 1100 at 2321 2325 Ohio Copper 50 80 at Prince Con Con at 1171 l' l Sioux Siou Con 2300 at 96 at buer buyer buy buy- er sixty days daI 1000 at buyer thirty days da South th Columbus at al Tintic Central pu at lOic buyer buer sut sixty days das at lOc be Uncle Sam at lOc Utah ah Con 1500 at |