| Show AMERICAN M AND O BINGHAM 1 b M CON I Negotiations for an Exchange of Ores Oes Have Been Concluded He Uc Two Companies NO HO COPPER PLANT FOR MURRAY The Time heal Deal Probably Means the Aban Abandonment of or This Project I fling JIIn haUl ham Con Comi May Enlarge It now looks as It If time the American Henning company will stIll not go 0 to the tho expense of oC building n a copper plant nt at 11 1 Murray Sometime ago the lime News published a story to tho effect that tho time of oC the American and Consolidated had been In conference In III Now York and that thu t among the tho matters discussed ed was that of ot an 1111 exchange of or ores The company hUll hud previously announced Its III Intention to erect lend lead stacks amid enter tho time ouen JOIl market for tor lead leall ores ored ore In III com corn competition petition with tho Lime American On 01 the tho theother theother other hand the time American Itself III In n mm position that In order oreter to take inko care of the constantly volume of ot topper copper ores ore coming cominS from time the ramps entails tho time point had been when It wan absolutely necessary loury to do clo to increase Its III facilities for tor tain care caro of oC this Accordingly toe tnt di dl directors il rectors at ut a mm meeting held 1111 In New York less than th Il a 1 year ago uIo set aside a mu I tumid of oC for tor the tire lite of ot the tho local man management for tor or construction purposes Matters muter after ft n while ne no negotiations were micro opened with tho lung ham Con Comm and during tho the recent rec lIt visit of ot Gen Manager r Duncan to time the Atlantic seaboard they were WIIO brought to a Li consummation ton The con can contract tract had entered Into stipulates that the company Is lt i to tOut till n over time the theore ore OrB secured on tho the contracts with osith time tilt Mines Smelters corpora corporation lieu tion which owns the tho Cactus mine In Heaver Beaver county count and time the Utah Copper Coppel company at ut In return for tor thus this the time Is to 10 turn over limo tho th lead lenil ores orell of ot Its mines as well otell as us that received front from other sources The h Cactus contracts extends over a 1 period ot or 10 years and that of or tho time Utah Copper ft tCo joven and undo a halt hail years That the arrangement entered Into between the th two companies Is of oC Im lam Immense mense menso advantage to tho American AmerIcium there Is III not lIot time the slightest liGhtest doubt The Time latter hitter has Imas found It necessary n on n a number of occasions to call til upon the tle t me for tor certain k dl dt 04 ores The Tho n like likewise wise 80 go so O these are matters mutters which have havo helped to bring about the tho It Is probable that flint In III order to tako take care caro of ot tho tIme business coming to It through the tho American tho the will be bu required to build additions to Its ItH present plant which In III a I measure will make mallo up imp for rI tho the disappointment In tho the American not carrying earr out Its 1111 original plans Ul Lug lOA t muei tl Well ut or time the Salt Dan DanAh Ah 1 v uk tU ills Ilia UI il Uw CUt Co dl lt l IU U V ul IH H U 1 Umma U 1 t 1 ot O tulU lUIU lui tuE Limo inu inua UI U a ut III II L i luia limb Iud lud u nl luV y U IO iU sil 1 u IJ pl Vim I i Vl VI UI i ut t iano amama 10 rut 1 ill II I I c U u 1 eu I z I VIA n amm Ii u 11 i t u Limo tuo tl mu 10 Mr 1 11 ul Ut lime Ulu 11 lUl mom VimO in mit II limO cu UI 01 0 u tutu mote I |
