Show OHIO OllIO TO MEET BILLS DECLARES MAC AC Is Being Financed by One of the Strongest Concerns in inthe inthe inthe the East East Ohio Copper Is being financed h by one ono of or the tt stron strongest Jt concerns In the East said Capt Duncan I managing manag manag- CIt 11 tug ing director of ot that company yesterday yester- yester day riny Y upon coming down to his hl offices for tor tire the first time since sincO returning from rota Now ow York a week weel n ago ngo o. o The company I will be le thoroughly financed soon after I when we shall the tho fr first l of ot the year proceed with wih the work as planned Capt MacVichie h has haa been ill 11 over ever since he ht returned from the East Enst and until yesterday that lint his It I was waR not physician would consent to hl his even e talking business s He l 1 s not well wel yet rot I but hut his condition has so BO for far Improved el that h lie he expects to be ablo to put pitt In a 01 little time each ench ca lay day at his d Ohio Ohio Copper was caught rather se seriously so- so e- e b by tho the financial lurr flurry from tram the tha fact act that persons who Wit had subscribed for tor or about one half hat of Its bond Issue lastre for mill mil and other Improvements were rendered tumble to meet their obligations obliga obliga- a- a There 1 Is no doubt that tho the Ohio could have h e raised mone money to meet its is pressing needs but n as it I had a nc new proposition under wa way It was waR thought best bRt to await tho the closing of ot the tho deal by ly which all al of or Its ItH obligations would b be 10 met How tho situation was taken advantage of to start a n hear bear movement mo evidently o at the behest of or a strong interest that would like Jc to wrest t from Crom control control of of ot Ohio Copper Cop Cop- per I Is already I known no n. Some ome of the stockholders upon re reflecting re- re fleeting that tho the worst that could happen hap hap- pen en to Ohio COPP Copper would be bo that contini control con- con rol ti-ni would woul pass to Amalgamated and that hat Amalgamated is ig s displaying a a disposition disposition dis dis- position to op operate rt Its low-cost low copper COI producers t to the limit are arp realizing that hot they the have p h been lieen frightened ht without chic lue crue v Jt u e E I II |