| Show MONTANA MEN NOW NO CONTROL SMELTER Secure Voting Control and Opton Option For Purchase of Major MajorIty Iy Ity of Stock OPTION RUNS FIFTEEN YEARS IIII e tI tul t if Or II lii 1111 I i I Im itt N Nearly If m members t itO tb the Ot Mining at a meeting U I held at t n Moot I leet week 0 W Idl a resolution ceilIng upon all the mem cl al t b her t l send d tI the orse of th the Montana lol mines i th th the At 2 J It also Ia at tl the Ing that t the II 11 lr per cent emt o of th the stock In tI the Ur at Ponderay Id Ida now It In se cr crow can an b be tak taken Up b by the Ia tl thIn ny tm time within 1 11 years Th The I as now I haa the voting of th the tOk In th the smelter Thomas L L ha has bo been elected of tie the E E A char ml mail of th the special Th The followIng extracts front the ce port of et I hey P F B Linderman tel tell of oftie tie the rendItIon o of the Montana mInIng buln II in relatIon to the smelters JI owne by the le trI WIT WITH SMELTER We upon Ind your eJI executive In April 10 1014 entered Into a contract wih with the Idaho smeltIng RefIning company where whereby b by they aqui a voting o of the stock tok of thIs the C eon trl ot of which bY thu contract h bee pad to them tm pet ct of the stock tok ot of this corporation J bait been pl placed In se row crow at a price pr which c can b be tab up b by tb the Montan Montana MinIng ny tima 11 1 The plant of the Idaho AeU Smelt I lug RefinIng el III company mpa W wee taken over or a at ont once rh plant was wa and nd improvement mad looking to an n In Inc increase c crease o of It smeltIng ocly capacity Al All thi w wee dune done cost 0 to ll this as sedation tl Ample have b been n 11 lat Ampe 14 In accordance with th the terms of thi contract by the rh Idaho Smelt Smelting ing Refining company to make me prompt upon all 1 ores lo to to them f fot On Oto October I 15 1 1201 th the smelter wa blown In 10 IAn Long before thIs and nd short shortly ly Iy after 1 the conclusion ot of the between th the company an and te the Montana MinIng In anU pation of thIs action tle the American lon RefIning reduced It rate on tb the smelting tUng of or ore ab about 1 pr I COMMEND ACIO ACTION X OF CO COMMIT UT Wt IVe I and endorse the action of our committee In making th thie with the Idaho ald and we late then Md and the members or of the Montana Mining associatIon ton upon the thelt lt great reduction In Im rat retest that thIs ot of our executive commIttee hat ba brought abt about W vi ur urge the members of thu and operators no I generally throughout the district trib tributary to U It that the future If of tl thIs smelter ow now ud under tim the control ot of thin assocIatIon IAtO II in dependent the patronage e given It Ild and tt that IL II Jn can only b be In It I U tie Ly by th th and ot of On ore In qt aeu adequate to MP keep It itt at I Its 01 0 TUG TUE lt 1 Herbert A president tnt ala alan owner of th the or ti the clock tok of Ih the h tt l roon 1810 r t oJ owned th the Ponderay i ll plant submitted a lu 11 yOUr 1 w we taken under r advIsement Mr Ir Ti Titus D Da David vid M of Butt an fm from the staff t sif ot Senator I blk lask were nt to make a thorough detaIled of U the itt at th the plant A Apet pet il 1 commIttee WA was 1 detaIled fm the Imra members tf of t is committee to 10 examine Int Into th the and financIal al Sit f Ib the Idab Hela III lug Th These rul resulted in an ran ement beIng made on tl th dl day or of Apri April whenby whereby your control of the and th the plant The h WL with Mr I Andar Ander and nd ti the Idaho SmeltIng elin 1 tny was u entered Into IAto only after dUr the meet t thorough investIgation and nd upon tb the advice or of Competent Coment engi peers nera buln busIness mel melt at attIM tIM ad alec Ia 1 many member ot of ottha tha thi fe The It If I It b be 1 so tr o of con on whIch w war Irn Imposed d Oi on the pr party whereby II In coI lIon or of U 1 th the voting control of the ok of Ih the Idaho BeAn II log company mp va vested In the Mon Montana tDa tana Mining oln through I committee 0 It for a period o ot otIS Ii IS y years also 1 c 8 purchase opUn option ou oa the control at the aoe stuck to for a ao peeled o of Owe 18 r ala also th lbs namIng of Iv member of 01 tl the b board of directors out of 01 a tl total o of seven and d 1 the ela 0 of a fo tOT tb the ce pen ROY ROYALTY rn 1011 ritE IF rUE PLANT nh loll on m U UI tIc I lul eu I ii a 11 I tho the ole Olee It II lii th the I I 1111 th Ih 11 lul of the 11 ot b be Ir I ks I h ha l I Iel tot lIt 0 o tI tie uS tuil cel 1 of t t hIck fir II purpose be termed a a Jall or of 11 per It cent added tId to the actual coat of treatment for tIM the u use of tile the plant The matter maUn or of pro the moo moM nry for II the operatIon of the plant was tA be taken eats care of Gf by Mr Ir Anderson and him ha seen the accepting tit no In the matter malter whatever SAN CISCO Jams Jam A I Co banker banken anti furnish the following receIved over their thet Ime wire th this afternoon bid Mexican 1710 Gould Carry Con COli Ya Va Ke 1010 Hale 1 II 10 Jacket MUll Belch XI It e 7 Sierra Nevada Neada U JD bequer SO 30 uk asked llon 24 15 15 Challenge 10 J 19 10 asked ked TonopAh Nevada bi bid Montana Ie bId 38 18 bid Mid Midway 22 21 Belmont Tonopah North Star 34 End ift on ons w 30 bid JIm ull II Hi U 12 bid Cot Co Mt It Vernal 10 asked Ullie null Adam non OIlier PIck J 2 M May Queen Ik Black Butte Ext I 3 asked Blue Ulue 2 a asked Dixie S bId St Iv I iO 11 17 Blak Rook Book Ii Lono 1110 star tar Oro Or Atlanta Ol 01 Bend Red Top Zt t 40 florence Ii 11 B 11 Con COli Gold held Delay IIa Comb lIt t Bend Ext jj asked akeel Ot lIt Bend nd a 3 bid Kanon 20 hid J 5 salted 0 F Mohawk lIell Roil nett 1 L DIllon DIllen 1 blot bitt T TIr 1719 Orand I on n Triangle Z 24 r O 0 U D II hid bid 11 Florence Ext bId Bar 1 1640 38 10 Mont I 2 asked National 2401 08 Bonnie dare Clare Cons CORIO G 17 pter 1 Uk asked Mt 9 90 18 1 Cons Tramp Con Colts leen 11 Manh nil 5 Dexter 2 lut OK 2 II 1 I 1 uk Rut tRio falo I 1 uk asked Standard 1 caked Mn end eral Hm 4 OThER DISTRICTS Fairview f aga 30 10 naked Novada Hlll 80 asked K Neet S G bid tone 1402 13 Hound Mountain 86 bid flaw naw hid hide Queen Quen 6 36 bId RawhIde Coall tion 41 4 bid C CLOSE i lame Jm A Pollock Co bankers anti furnish the following over their private wIre tills thIs afternoon 15 U 11 I L 1 I Da VII 1 Daly aliU Chemung 1 Globe 5 bid d tl l U tic Cra 66 68 t I tent Cent 49 It Nat H 7 13 1314 lIlack 3 Cum Cun Et Ely I 11 Dom Doin Cop Con 18 16 asked GIroux 8 6 12 1 la R Rne U Nov Utah 1318 16 2 Raven Yukon aN Rh lul S II 11 Adventure a Atlantic 17 C A IH C 74 fl D W 1 Cent t 10 la Salle MexIco COli Cm COlia a Nevada Nd Con COli Old Dm 1353 a Parrot foIl nOli I Ia Trinity 1116 Utah ron Con Tenn Cop ColI 4 40 41 WI VInona non 5 Ski Ii 7 Wyandotte I 3 3 Corbin 1 mal Royale IH U S SJ SP J P Itt n Il S 8 Com Coin do pt ui 4 Ray CUll Con 1118 All Ax AI Comi B 2 e C U n 00 p Range 14 P 11 Granby 11 asked Uch 1 X Mua v Mohawk HUll Huh 7 ft 30 10 bud bid Mate ta e 11 ell Shannon Gp Cop 13 Iah Copper H Tarn ar k as oat Wul Wolverine Wd tad lun on Hi 1 tit filS Butte lutte 12 11 2 m lake 21 2044 M 01 I I OIL I K New tSO A Pollock fo Ca bankers anti 1 brokers furnish the following received Nd over their wire t title Stock ton 1011 toi t 14 14 io But Butte Coalition 4 I M 11 1115 1 a Arli Arl 1084 I on 30 10 13 74 71 H 74 uni EI Ia 71 5 IT DaI Ily ut I 1044 10 lOt 20 I 30 Dav Del II I Ii 16 44 futa Hail Butte Butt 12 11 u ll lIroux I II 11 7 IMi law htMl 0 1 23 Jill lilO Mv Nevada 11 II 2344 61 Nevada Utah j 14 14 I tJ mil 2176 iii North 1444 T Mil 1430 ll 1144 16 I II 5 alt vow U I 1 I 3 Smelter tel 40 41 U lii I in IU co or n TIts taU hi posted a of r I nta per for lor rh bok will low chiac en Ute lb lh It 11 Ia 1 t i 1 that o will fellow with i 1 lIt I It Ii h ha n I in N New York or II that tb A Anaconda Iset it Ita flu N 1 th Ib Hutta and the aIll III tot r In 10 spIte or f Ih tI III e Ilter a at 10 ocota M 1 Ii w hs Iii A d other VS 11 Iii at full rull y here seen med with Ih hi Mines mea lIy by u tk Kirla on r sUe u lit rk it II around th aM Z 1 ot tI the I 11 u wu WO Os tit rO fe I lOr 4 work wUl wUI V 0 delS 15 Ii t the X 0 0 lb I 1602 led level 1 OS feet At I the fI I II O direct I re yesterday Ih the old war wel re is All as roll George W Morgan Int th harie JJ Y vice tin managing U n UI I Clerk treasurer IC 21 Philips hll score on tary The latter hee and hi will be appointed at the tha nut neit March 16 11 hR ha been em the Isle date eel t tot tor the stockholder to vote on increasing t tbs vf of th the wID At 1 the annual meeting ot of Ue the Omaha company pany tit at terme lYe war practIcally agreed upon for tor the taking over or of th the group roup of claim salmI which adjoin the companY property In the dietrict Tile Tb to drive a tout oot tunnel which will out ut at t I lead three known led tI The of the t company are arl A O 0 dent Huene T Woolley vice preal L I L 1 Simmon secretary anti and treasurer Th The with Charles CharI McCarthy S 8 U Woolley ne and BlId J 1 W V compoe the dIrectorate |
