Show MERR MAKES Standard Central-Standard Takes Initial Steps to Close Big Deal That progress Is being mode made with wih the deal doal for tor consolidation of or Bingham Central Standard and BIngham Metal Is IE Indicated b by the tho stockholders of or tho the former company having ha hel hem nelu a meeting at which Its Is articles of in incorporation incorporation In- In corporation were amended In such a aW away away W way as to permit of the consolidation being entered Into which means that the deal Is ratified d by the I Central Standard company While both companies have largo large larGo areas area of ot mineralized ground the tho S cipal advantage to be gained by lungham lung lung- ham lam Central Standard from merging would be to gain control of ot the tho fling fling- mm Imm Metal company's foot tunnel the ho portal of which Is on tho sIde Ido of ot the range ranle Extending that tunnel underneath the Central Standard Standard Standrd Stand- Stand ard rd oro bodies Is entre entirely practicable and nd It I would cut them several hun hundred re refet fet feet below the tile lowest present workIngs work- work hugs Ings nga on the ham sl side e. e It I would woul thus mako make the tile cheapest cheapest possible out- out l lpt pt t for transporting ores from several mines of or the ham side to the tho International company's smelter in Pine canonI canyon canon It I Is regarded by mining men as ono or of f tho the most attractive e hI big projects that hat has boon beon promulgated In Bingham for or a 1 long long time Extending the tile tunel tunnel tun- tun nd nel el a total length of or only feet teet would bring It to daylight on the tho Bingham side at a point near tho the Yampa ampa mine making an for I transportation the value of or which could scarcely T e be e overestimated I |