Deseret Evening News | 1909-12-04 | Page 6 | The Copper Consolidation

TinS Im COPPER COSO Conservative Assured Says High 11 h Boston Authority A leading leadinG Boston authority on Pa COI cop ier ver Is 15 quoted as follows tolo by b tho the Fl El 11 News ew regarding the tile proposed copper coppel consolidation Tile The seine same management under whoso financial guidance the tho United States Stales Steel Corporation has ha turned 3 of Jr earnings hack back Into Inlo the tho property which has hus stood tood sponsor for foi 01 the tho In Harvester corporation and an the he United Dry DI Goods com pan both bothof of or which companies have been placed upon tho tile market the tile last year car without a n dollar loller dolar of oC capital for fOl any an thing except tangible assets with wih no allowance for tOI good will wi Is hardly likely mel to back a project which would rob nob ob it of or the prestige pr It has obtained by b Its Is ultraconservative management of those An Any comparison between the flota pool pooi tion ton of ot Amalgamated with wih features Its Is flot blind with wih the he present project is 15 ridiculous on au ho tho face of or It I It I should hould be borne bornen bore in n mind that whereas Amalgamated was waa formed at II a R time Ume when only tho the fewest people In n this country knew anything nn thing about tho the copper mining business the hio he value of ot ore Jn In n tho the ground and nd actual and probable cost COlt COltof of production at II the present time there here are a great number of at men who wIle have save been making a most thorough study of this industry and It I Is o quito safe safo to say s that tho the basis of any nn new securities Issued will wi be carefully scrutinized and amI their intrinsic mOIe accurately l determined than al almost almost most any nn railroad 01 or other invest nent ment on oil the tho list