Deseret Evening News | 1904-01-12 | Page 9 | Deal Made by Columbus Con.

DEAL f L M MADE Of B BOL BY COLUMBUS OL M US CONI O I Company Operating at Alta Con Cone Concludes Concludes i to Sell no DO More Treasury Stock I AS A RESULT OF TRANSACTION Corporation in Strong Finan Financial Financial I cial Condition Over In Involved Rumor has haR been nt on the streets for or several days to tho the erred effect that tho the Columbus Consolidated had withdrawn market Ita tn treasury stock front from tho the I und Inquiry i nt al the t of oC Icon flees In the tho Commercial block this j morning resulted In u 8 1 confirmation of ot the report It U was wall learned Indirectly Unit that since I the he holding hoMing ot of the tilt recent annual meet meetIng meeting Ing of oC stockholders the tho sale of oC a I largo large block of ot treasury stock had been cf ef which places th company In tn n ti 1 decidedly strong financial condition It now hOW has hns funds funda available to 10 take up u the tho thoi few fas i I options outstanding and to built build and pay for tOI 01 the tho proposed concentrator which Is among the Improvements con contemplated contemplated for tor this year It was wait noted nute In the News New 1110 that Frank Vrank had been beon In Ann Alln for tor or tho the purpose of ot conducting nn nfl examination of oC tho mine for local nut eastern parties The Tho wile Is I the tho result of C Ills his investigation although Jocobson would not admit us III much when seen Been today toda nor would he discuss who vho tho the Intended are From Irom IL a reliable source however U It was vas wn learned that this la Is the case CISO and anI that the Iho company tins bus he be between hew tween toen anti and to ItS Ita credit w besides a constant of ot ores com coin comIng lug Ing down from the mines Negotiations lions had been pending for tor sometime C r The copper strike continues continued to hold holdout holdout out and tho the counts on making some of ot high grade ore from this tills source during I the present year ear