Salt Lake Telegram | 1911-04-08 | Page 8 | Mining News from All Camps and Quotations on Stocks with Latest Prices Flashed from Leading Markets

f News From All With the Latest MINING IN G the Ibe Quotations Camps Camp and on STOCKS From Prices Leading Flashed Flashed M L I J NEW INTERESTS ARE AR SINO SEEKING CONTROL Of oi PRINCE PRINC MI is ES J l made mado Since tho the announcement was wa as that tho the Prince Consolidated and Ohio Ohio- K Kentucky Mining companies would In Insist in in- slat upon a a. final payment from the tho Amalgamated Amal Amol- Pioche company by Ma May 1 or else the proposed merger would be at nt an end It Is learned that thoro thero have been several proposals made for the consolidation consolidation consoli consoli- dation of ot theo companies s. s Ono One who Is Interested In those mining minim properties prop prop- ertle says that he has been approached b by no less than four tour different crowds who wished to make mako a big Investment In that camp As soon as It became me known that there was WI liable lable to be bo a n hitch In In Inthe the deal that thatIs Is bein being engineered by Ernest R. R Wooley Wooler a n. number of promoters got busy The deal h has 1 been discussed In the east to toa a n. considerable extent and or tho the first timo tho the lists capitalists of ot New ew York and Bo Boston ton were ere given g some Idea Iden of ot tho the value alue of the or orn oro deposits that havo have b been en I developed liberally In the tho district On a day or two after the statements given to the public b by both sides aides some Boston people were notified and the they will have havo a n representative In tho te city before the time expires for the p pUrpose pur purpose pUr- pUr r- r pose pONe of ot going oln over tho the situation with Ith representatives representatives rep rep- of or tho the and Ohio com corn panics This This' Boston man comes from some of tho the old line lino bond hond houses of that city which aro are branching out In the mining business The They have already alread made mone money for their clients In western copper properties and the they can an see what they consider a a. good opportunity to make mone money In tho the silver lead prop prop- ert lea In tho meantime Ernest R. R Woolley Is Isel el very buS busy In his effort to get all aU In Interests In- In l to together ether In time to consummate the deal before Detoro the time limit expires Fred R. R Woolley has gone cast to bring about early action and some omo of ot tho the as associates all as- of Woolley In this city claim that ho he will wilt ultimately close up the deal as he ho announced upon his last visit to the city It Is further announced that some somo of the local smelting Interests aro are willing will- will In ing to take tako over over these properties There is a great deal of or lead ore In sl sight ht In inthe tho the Prince and Ohio ground round and the smelters are experiencing n such auh u h sharp competition that they are almost compelled com corn pellE to actually own all or a large largo In Interest Interest interest In- In terest In the mines in order to be reasonably rea rca sure of getting the ore needed to supply their furnaces