Show BINGHAM MINES aill TARE TAKE OVER THE EAGLE trade proposition is being of terea to the shareholders one cne share of bingham mines stock tor live five ot the eagle officials of the bingham mines co who already own moie than 90 per cent of tl e 0 stock in the lagie ec blue bell compoi y are now mak ing an effort to trade bingham mines stock for the remaining 10 per cent of the lagle stock and thus be ible able to retire the subsidiary company tl TI e bingham mines company con trolled t r oiled by loston capitalists Is or g iced under the laws of maine the company has ito shares of stock with a par value of 10 00 the fagle blue bell on the other hand has 1 shares of the par value of 1 the bralo tra to proposition which Is 1 I 1 ie e ing offered to the of the bagle lagle blue boll bell calls for one share of bingham Min N estock for five shares of the I 1 agle 4 blue miring comp company aily tilts this trade Is bas ed on a valuation 0 of 12 50 for the bingham mines stock and 2 50 tor for the eagle blue bell the eagle blue bell property has a dividend record of almost a million dollars of witch has been paid out during the present year the bear ear 1917 has been a banner year in the history of the eagle blue bell company and dur ing the time that the smelters were in position to take the mine mines s nor mal tonnage of ore the earnings amounted to approximately ner month men th it Is understood that there are to i 0 be no more dividends from the gagle eagle blue bell this year as a good part 0 the mine mines s earnings will be need ed to pay taxes which will be imps ed under the new now war revenue mea inea sure bingham mines company s stock now carries arries a 50 cent dividend which Is payable on the first of get oct t ober |