Inter-Mountain Republican | 1908-01-25 | Page 5 | Knight Interests to Take over Swansea

KNIGHT INTERESTS TO TAKE OVER SWANSEA SANSE Will Wi Provide Water and Fluxing Ores For the New Smelter The Til recent bidding for or stock stoc of ut th the Swansea Swansea Mining company is Js duo to the Knight Interests having a n deal on to for tor the purchase of ot tho the property became an Jul a accepted tact fact yesterday around the Stock exchange Tho rho Hw Swansea la Is f an nn old old- old old-j d- d le e producer dividend payer but I J lt hae has been 1110 for or yearn year on I tt pu t of or a U now dow of oC water wafer h v- v lri L i encountered at ut the foot root 1 an unusual thing to i encounter In the tho district t and ana anar r tit tt h l como valuable lo tit at Il this l beI be- u- u I I j the Knights need It I for their new smelter I IsIde Aside sIde from the tho water there here are said to be lH of ot excellent e fluxing ore left in n the tho Swansea orl workings and I II I- I the combination is i one n that appeals to I S the Knight Interests Tho mine orle work work- I Ings lags are arc less lees than a half bai mile from the UH I I new smelter r J It I appears not unlikely el that tho the unS un- un S watering of ot the Swansea by th the also like likeS 5 S Knights would perform a a. S service for tor tho the South Swan Swansea sea which S when the mines became flooded refused reused to te Join the Swansea in III 11 providing a aS S pumping plant for tor both properties l Until recently Swan Swansea sea stock h ha has s been leen going beg begging ing at nt 20 cents a share but yesterday It I W was 8 In III demand at nt 6 65 55 cents cents- It I la is reported unofficially that tha I the price to be paid pall for tor the property ts is 11 In tho the neighborhood of which would be 1 a n share for Cor the stock