Show S' S I M I N I N G the News New Quotations Camps From and All on on S T 0 CK K- K KS S From Prices With toe the Leading Leadin Flashed Latest M A R. R K E T TS' TS St t.- t. I MERGER PLANS AR ARE I BEING mm WORKED OUT OT OUTI I II I WITH DELIBERATION r 1 j i Plans for a R. merger of the great copper copper copper cop- cop per producing mines of the United States are aie being belm w worked out slowly and ald deliberately ly by br J. J P. P Morgan Co according S to tho iho Mining Financial News The delay det dei de- de i lay ay In Announcing o n g the plans 1 I Is caused t by Iy t the f fear of the Pt promoters Or of f the h merger merger mer mer- ger er that they ma may po possibly come into luto I conflict with the trust anti-trust laws Were It not for tor the decision recently handed I down clown by the United States circuit court for fcc the Missouri district the new copI cop- cop J er combine b would OU now be doing business lne Morgan l rg C Co who however are proceeding upon the plan that a false I step at tho the very formation of the merger merger mer met ger would be fatal talal and that firm which i 1 is charged the financial responsibility I of the whole hole matter is disposed to the tha belief that It may be better to postpone post post- i i pone on the merger for a a. time rather than to put together ether a great corporation producing producing pro pro- pounds of copper annually an an- nual and leave tho the new corporation subject to later attacks In the courts c The he work n now w being done toward the mer merger er is the very important work of i appraising ing the properties that are to bet be betaken taken In v An announcement regarding t th importance of oC this tills work wade has la lately tely be beet beell H made in the following language In the case cage of oC tho Anaconda the Amalgamated Copper company owns ab about 55 per cent of or the stock while the re remainder is in the hands of oC the public lUbliC A will Abid be made for the property aft aft- ev The a minority thorough appraisal stockholders I t e e's has s 's been will made share t equally with fi the Amalgamated which controls the stock It- It It may be some some- weeks wEeks or even months before the copper P merger i Is put beJ il 1 cel celek ek I IS Wl through k The ree Mining I Financial a hews I is given to 0 u understand t that the house of S Morgan 6 a Co ge will Mn not ot ott go al ahead d with t the definite plans until it knows Imos what hat de decision decision de- de defnie the United States supreme court will make In the cases against the American il Tobacco company compan and the Standard Oil company Then again It ItIs itis I Is suggested Oi that at the moment the money market may not be able to handle the financing of such a vast ast project as the te copper merger |