| Show q rl PLAN N I TO UNITE M n N Proposed Merger Being Arranged d dBy By Several Prominent Gold Goldfield Goldfeld Goldfield field feld Mining Operators STRAY DOG AND JUMPING JACK JACKo To rh o IKI lm l If ii J Deal U Is I Concluded Also Ali I XO No n 0 P Claim 1 of ot The Tho 1 Special Correspondence Manhattan 11 Ne fy Co Ncr Nev Ne Sept Sept 8 3 The Th plan of ot several Heral mining joInIng properties Into Inlo Immense estates for tor the thc sake Mke of DC economical operations operation has hns e cx x tended to Manhattan where details ore are being worked out making for tor the lo consolidation of ot the Stray Dog Indian Camp Carp and anil Jumping Jack mines with the Union No 9 mine mile of the Dexter estate Into Inlo one corporate body of Qt min mineral mm oral eral ground It 1 Is slated amid here on ap apparently unquestioned authority that the owners of ot the control of oC the tho three first named mines have been ern approach approached ed Id with an attractive offer oter for tor their holdings and that thit the matter mate Is I reedy receiving ing serious rou consideration H It I Is II also alJo said Mid upon equally r un I as n good Information that there has been Olen a I bear movement mOment In Dexter for tor Ihl he express s purpose of affording the manipulator an opportunity opportunity to buy bu In most of or the outstanding lug ing stock at a I low figure t ure before beCore the consolidation Is II consummated It Is II pointed out by those tho e who are arevell I well vell Informed on Oi the subject that hat such mich michu sucha Ich Icha a u merger would result r ull In II the forma formation Cora lieu tion of oC one OM of oC the most mo t valuable luale min mining mm lon log ing estates In II it the stats of ot Nevada Neada Home Some time iliac ago ao there was wa n ii plan on Of toot foot for tor the consolidation on of ot the Union i iNo No 9 with wih adjoining ground but bul as 81 the controlling Interests In the Dexter could not lot secure ure control of oC other prop property pop property erty crt that they tile desired to tn Include In Inthe Inthe the merger the deal fell t 1 through At that a very nattering flattering offer oler was sas made ronde for tor control of ot the Stray Stra Dog and Indian Camp but not ilot enough to tempt the owners of ot these famous mining mIni 11 properties owner to part with wih their holdings A number of ot the tho most moat extensive lve op Ope operators of oC Manhattan and are interested In the projected merger Some considerable con herble progress has ha been ben made lade and there them Is I every eer prospect that the consolidation will be consummated wi within a short hort time If 1 completed the 1 corporation taking laking over the several i properties will wi rank with the big bl min mill mining millIng ing big concerns concern of ot the country In con connection cn connection with the proposed d merger It Is I known that I L M I Sullivan of ot the U Ii I M I Sullivan Trust Tret company of has hl conferred with George WIngfield one of oC the heaviest stock toek stockholders stockholders holders holder in the e Dexter Deter company com rela relative live tive to tho r project and has hits p nude made him himan an to offer for tr his Dexter holdings holding c to approxImately shares har s at t u i figure considerably over Oer tho the market marel The e estate may ma also nl form torm a part of ot the tho consolidation pro providing providing viding the small Imal piece of ot Intervening ground around between It and the tho Stray Dog can be acquired It I Is I known knoll that the at It the head hrad of oC the merger movement has considered con taking In this property owing to the discovery recent recently reent ly lv of at high grade ore on the You claim and the 1110 Izzard Frac Fraction FractIon I tion ton belonging to the same corpora corporation corpor tion lon Just what nhat hat price pric was 11 offered oferd has hu hunot not been learned leare definitely but It I is II said Mid to have hae been better than 2 23 cents per share Development work ork on the theAl Al property properly Is II being ag aggressively al prosecuted with wih a 1 view vIe to making makInI the best possible J showing be before b before fore tor the consolidation Is perfected so 10 that Ihal the grounds rond true tre value alue may m ma b b be determined determine and a fair price pie placed upon the stock Mock In the event the owners de decide d dedde cide dd to Join the merger With every er round rund of oC shots the two Are showing constant Improvement how bow however ever eer and the owners of ot the mine may very lery likely decide to 10 operate op rato their hold holdIngs Ings logs Independently As a result of ot the negotiations negotiation there has hag ba been a 1 sharp hf advance In Stray SImy Dog Dg Jumping Jack Jark and Indian Camp on the San Francisco and New Nt Y k Es E changes ehn el due to an unusually hea buying movement Thursday Thuda Stray Dog Dl sold Mid at SO 60 S Jumping Jack at 45 U 4 nod Indian Camp at gain of oC from five to eight tIght points In less les than a fortnight |
