Show GETTING ETTIN A LINE UNE ON HEINZE'S BIG DI PLANS PUNS Eastern Interests Learn of Mergers Mergers Mer Met gers gets to Make United Copper Great Great COUNTS MUCH UCH ON OHIO Will Wil Outstrip Properties Heinze Sold to Amalgamated People Now Nev lW York August 2 As As r details come lo tu l light ht concerning time the tops stops taken by J. J F. F Augustus Heinze to effect a reaching far ral mining milling and smelting combination the financial centera a owing growing belief that the Iho United Copper company will wi be bethe bethe bethe the parent body of Limo Iho entro coal coal- lion lon Mr Is the president ni nt of this comp 1 company which Is capitalized at al and for some time line ho hc has been leen developing plans which promise to o give it I a position of oC more Importance Importance Import Import- ance ance- ance In time the mining world even than that hat of or the Amalgamated Copper Coppel com coin lany There is reason to believe now lan that hat Mr tIr Jelm intends to lo unite unie tho the larb large arge number of or big revenue rc log ng mines which he alrea already controls together with wih several se erl other properties In n the tue l States Mexico and und Canada Canalla for Cor ci which negotiations now arc are pending lending and in III addition to provide sufficient concentrating and smelting plants to make his Int interests rc ts entirely independent of all al others l Even ven some important railroad Is un- un to lo be be un under er con consideration as asa asa asi a i u useful feature of or the lime entire entro lioIO 1101 ilion I lon What hat United Copper Ot Oun 01 0 ii- ii 1 Already the United Copper co com com- t- t jany possesses through h Mr Mi Ir vai various arious ious moves far more valuable properly than the tue public has imas had to lo bele believe For some time It Itha ha has las owned very en lar large e Interests In the group of or copper mines mine In the No sham Bin camp of U Utah Ulah ah in the Ding Bing- han Consolidated or of the same camp In n D Davis Davis-Daly and the Butte Bulte Bute CoaH ion t othe 0 o oj the Butte Bulto uto camp cams In iii tho Stewart mine lol of the Coeur lAlene rind dud a half hal i in iii some acres aCl'S of or valuable mineral and timber limber lands in hi British Columbia Other Othel Intel In- In tel crests ar arc known lo to exist In lii Nevada rc and ant Mexico q In addition to lo this Mr I Heinze now Is s known to lo been back of the thc reent re- re cent ent Incorporation of the time Minds Smelting company of or Maine for fOl 10 and ant of or the time Silver King Co- Co Coalton lilion alton Mines cl company of Utah Ulah for Sc C. C Ul he lie will wi be lC president of acl In these moves cs he lie heIs hes lieis the Is s believed to lo acted for fOl United Copper corhan company which owns lar large arge e blocks blocs of of- of stoc In each cach of or these new companies The Tue Miners Miners' Singling company compan which will vili wi be the end of the he big combination already read has se secured secured secured se- se cured title tte to lo a bite sie of cC some 2000 acres for a smelter smeller to lo b bp le located two ml miles s west of 01 the old lcM Ga bathing beach on the south end cud of the Great Salt Lake This will wi be o C Se to the Sal Garfield Garfeld of tile Iho tho merle n Smelting Refining g company which Is s refining to monthly The le poun pounds s of copper lh co has as excellent railroad facilities It Its I is s saId Id the smeller will co cot cost t from to alt will wi tent real cr and lead as well wel as cop cop- per ler ores ures A year will wi bu he required o to complete Its Is construction In lit and alil lall Park CI City The Ohio Cop Copper company of Mah MaIi o u was formed to lo tal take lake c over o cr the Ohio group at while the King Coalition Coalton was organized 10 lo perfect per per- feet feel the merger of tho tile Heinze Keith Keith- I Kearns I McGregor and other properties properties proper proper- ties In Park CI City Cily This his latter Killer lateL compan company com corn les puny pan has no connection with wih the tho Silver Sit Sil SI- SI ver cr I King ing Consolidated which now noW Is passing through a receivership and a a reorganization The Th Heinse com company pan 1 in Park City Includes working properties prop prop- erts ert's which dy have paid upwards upwards upwards up up- wards of In dividends and may be o extended to lo take tal e in the Iho Ontario On On- tario larlo Daly Daly Ct Dal Daly J Judge Judge and and Dal Daly mh s. s all al of known value which have paid to date another 3 to their thel owners Reports of or a definite character in indicate In- In that the Ohio mines alone will vili wi far outstrip as copper producers all al the mines mimics that Heinze sold a little more moie than a year eal ago ao to to Lu tIme the Amalgamate Amal Amal- people und which now form Conn the Butte Dute Coalition Coalton com corn l pany ny Work Vork Is being push pushed cd on tho tue ton mill mi al at t the Ohio and nd limb lit bt s should bo he rea ready y by No No- vember It I will wi treat 2000 tons a ata ta day Jh The Ilie second section should be ready by hy 1 May a Can Calm al Produce Copper Cheaply The Ohio ores concentrate fifteen tons Ions to lo one mal making a prad product ct of over O 20 0 per ncr percent C edit cent tl in copper corpel and the cost cout o t tor of or t tile the c process Is less les than fifty Iy cents a ton The ores calt cail be mined and put Into the time mill mi for seventy live cents a n ton tori tut Under such conditions the Ohio S should make mako Its Is copper for less than thanS S six tx cents a i pound and with the first tf section of Its Is concentrating plant should produce pounds a year ar The he mill 11 complete next year ear should th give a of or pounds annually i n Tho ho mines mine will wi vIi I yield of or daily as soon scott ns as toils lon ore ai fully opened up by the completion of or orthe the tIme long bug tunnel now being built buit to tap tup time the ore bo bodies lc at a depth of 1100 feet feel With the maturing of Mr lr Heinze's plans niami for fOL conol consolidating these c va vast t In- In lel crests IR there Is probability that tho tim ll Copper company vill wi lal take lake e Us its Is place a as time the greatest muting mining combination tion of or America The tun and other oilier leading spirits spiris of oC the time present tires pres resent res- res ent emit smeller trw trust t are arc watching the Heinze smelter operations intent Intently as from this source serious S com competition S d. d expected lct 1 Vs s r t A t. t 0 I Ir f |