Deseret Evening News | 1901-04-16 | Page 6 | Big Mining Consolidation

BIO BIG MINING CONSOLIDATION DATION New Naw April Apri Tribune It I ran can be e announced on 1 the best of ot authority that all ni th ar nr arrangements have havu he ban n made rne for tor the Re Requisition 1 of ot the stock of oJ the tho Dotton DOllon Montana Copper and Sliver Siver company the th Huto Boston Do ton Mining Miling corn com bytho Copper com company pany of ot tho deal have havo the air nil of ot Wall il street tot for SOy eov oral lays but It was WIS not until Inte that o ot the project be known The fht proposition now made Illde IH If that of or the Dutte Quie l ton du do posit with wih the authorized trustees 15 of ot tho Iho outstanding shares Those f shull are of the par val value ue II of ot W 0 and Mill wi be e exchanged for Amalgamated stork or paid l ald for Cor In at nt 9 0 If the th deal KO goel S through Ten len days daYH tram from April ANI willbe wll e allowed In I which to carry out the tho plan In the tho case of the Hoston oe ton Montana Montanan n I deposit of Is 10 outstanding of ot u 1 out of lt a I total of par value of 25 5 each ach IO IOto to he exchanged for Amalgamated or for Cor In cash If tho deal dell Id a accomplished within ten days There In hi a I belief belet muonG those Informed on tho copper COPIer situation that tho plans are only pre lIre preliminary to a much laler expansion of ot 1 the Amalgamated company which to take in III eventually the tho rich wIne mines of ot northern Michigan and Arizona us lS well wellan wel an those of ot Montana This would ilvo the tho company a I practical control of nf the copper In II this country with the exception of the tho holding In Hute W WA WA A Clarke his sons arc ur believed to tobe tobe be In II the new lieI deal