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Show COPPERED THE COPPER. Jersey Decision Received With Joy Rumor of Another An-other Big Merger Premature Funerals. For better or for worse the Utah Copper company com-pany and the Boston Consolidated company, both of Bingham, Utah, are united. It was In vain that the arch villain appeared at the last moment mo-ment and attempted to forbid the bans. The protest pro-test was overruled and the happy couple, to defeat de-feat further machinations of the enemy, endowed each oilier with their worldly goods and received the paternal blessings of Father Untermeyer, at a quarter of a million per bless. Let us hope that this match, brought about after so many years of coquetry and misunderstandings, will justify the conclusion, "and they live happily ever after." af-ter." News of the outcome of the injunction suit instituted by Col. E. A. Wall to prevent the ratification rati-fication of the merger by the stockholders of the Utah Copper company reached Salt Lake on Wednesday Wed-nesday afternoon. It caused general satisfaction, although It had been expected ever since the grounds upon which the action was predicated had become known. It was estimated that a consolidation con-solidation consisting- of the Utah Copper, Boston Consolidated and Nevada Consolidated would control con-trol about 11 per cent, of the copper output of the United States. The allegation that unified ownership of one-ninth of the copper supply threatened the existence of a free market seemed so absurd that no one expected a court of law to give it serious consideration. And the New Jersey court did not. In making its ruling, the court laid down the principle that any violation of the Sherman anti-trust law must be prosecuted by the government alone, and that the only relief re-lief individual stockholders could seek would be through a suit for damages. No more weight was given by the judges to the contention that the rights of individual shareholders were invaded by the proposed merger. Col. Wall must realize by this time that his eastern campaign was a blunder even a boomerang. boom-erang. Not only did he fail to prevent the merger of the companies, but he went on record with the sworn statement that he believed the shares of the Utah Copper company to be worth $190 each, while in another suit he is asking a receiver for the company on the ground that its mine is threatened with exhaustion and its treasury with insolvency. The insincerity of the injunction suit was exposed by the demonstration that Col. Wall was not a bona fide stockholder in Utah Copper, having purchased a few shares merely for the purpose of bringing the suit, and that the second plaintiff, Charles A. Graham, was a dummy hired by Wall for $1000 to pose as the owner of shares really owned by Wall. None of Col. Wall's operations oper-ations against Utah Copper and its management has been successful, but this New Jersey affair Is the greatest fiasco of the lot. Everyone who has an opinion as to the relative rela-tive merits of the Utah Copper and the Nevada Consolidated is sure of an audience slnco the proposal has been made to exchange one share of Utah for two and one-quarter shares of Nevada. Ne-vada. Most of the interviews of this character have appeared in the daily papers, but not all. The following important statement is made by Mike Vermicelli, chief powder monkey of the Utah Copper; "Texa da Rick," you know him? Getta da beeg fight for Salt Lake. Heem no taka de fight to Nevada. Smarta da man Texa da Rick. Heem know Utah mucha good; Nevada not-ta not-ta so good, or he taka da fight to Ely. Deesa Utah Copper companee neara da fight. Who wanta paya da much for Nevada Consolidazione ' when all da Italiano an' Greeka men stoppa work, walka to da Salt Lake to see da beeg fight? How Nevada Consolidazione maka da copper then?" Copper shares, in common with all the other stocks listed on the eastern exchanges, have suffered suf-fered from the drastic liquidation of the last week. The Rock Island fluke of two weeks ago and the Hocking Valley Coal contre temps of last week, with their ensuing failures, started the decline. de-cline. In a twinkling the gains of months were swept away and the building up process had to begin all over again. Utah, however, is fully consoled con-soled for this misfortune by the improvement in the local mining stock market. Prices here have always benefited by the disasters of eastern speculators, spec-ulators, and there is evidence that the rule will hold good in 1910 as in other years. The funerals of the Tintics now seem to have been premature. Colorado, Sioux and Iron Blossom are very active corpses. One can scarcely expect the Utah issues is-sues to leap to boom levels after such a long period pe-riod of depression, but there is reason to expect a general, though halting and irregular, advance. The outsiders are coming into the market in increasing in-creasing numbers, but they are nervous, and will seek cover at the slightest appearance of danger, causing sudden reactions at unexpected times. . Still vague and shadowy, but definite enougn to form an interesting topic of discussion, is the rumor that Kearns and Keith, the Silver King Coalition magnates; August Heinze, the Godbe brothers and Vogelstein & Co., of New York and Germany, are working on a scheme that contemplates contem-plates the formation of one of the biggest mining mergers in the-history of the country. The properties prop-erties mentioned in this connection are the Silver Sil-ver King, Park City; Prince Consolidated, Pioche; Consolidated Pioche, Pioche; Tintic smelter, Silver Sil-ver City; Bingham-Butte Consolidated, Bingham; Western Utah Copper, Clifton; Bingham Amalga-Heinze Amalga-Heinze properties at Butte. Some of the advantages advan-tages to be gained from such a gigantic combination, combina-tion, according to the gossipers, are independeni smelting facilities, reduction of the high salaried officers, a commanding position in the silver-lead market (not a trust, of course, but more "economies"), "econo-mies"), and the possible diversion of the San Pedro railroad, in which Mr. Kearns is a large owner, to Pioche. The man to put through this Napoleonic scheme is quite busy, just now, in being tried for his banking methods. When his trial is over the details of the project may be formulated. Not a little of the increasing confidence in the, Tintic shares is due to the admirable showing made by last week's ore shipments. The Colorado Colo-rado was credited with 1050 tons, Iron Blossom with 1300 and Sioux with 850. Such figures augur well for the maintenance of a respectable dividend, divi-dend, and, what is more important, the prosecution prosecu-tion of development work on an adequate scale. The same cause that has strengthened the East Tintic companies has operated against Grand Central. Cen-tral. Tl' t company marketed only 100 tons last week. A has been in what was heralded as a mammoth shoot of shipping ore since last August. Au-gust. From time to time pretentious claims have been made in its behalf, which have not been sustained sus-tained by output or earnings |