New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-06-06

Investment in securities, etc. repres ssattI
mining plants reduction works ref fImbes
sas5 % Pssi: sa ''' s@@s Ss
Ioa1 to wssoe Copper Company srnelter
Cash and cash assets 270e.'Se
49,, ., ............ s164:s8o 5e2
CAPITA agsh9rt5s e issue e, Si.S h sasrf
outstanding sos ss g S9g
1iTdend % 2s payable May 20 1902 80 sci 1SSSS7s
fe asp amount sn1 set aside for payment
OF Dividend No IS May %. 1905 1.S5sS7e s94zIlz
,,o,., r.bp,,,es .s1e4, $780, 5e2
Accompanying the balance sheet was a state-
n,ent authorized by the board of directors which
after reviewing the career of the company from us
go,izat,on IN April 1899: referring to the Itga-
ton In Montana where the situation is SAID 10 oe
much improved. and giving list of the properties
owned by the Amalgamated Copper Company con-
tinues:
The principal asset OF the Gompaes sboVe men
toned of copper mines the value OF d, heir prodc
tiveness The mines look well at the PTesenl
time as any period Of the COMPANY ot q
long productive life before them
Exclusive Of the said Goppe of tnber
the assets of the r eSmPa xoPks mills
ways real estate, buildings, copper ana SAiy ias
are Of very great value exeeedn in the opinion
Of experts n whom the ofeTs h IA fbe COMPANY
Tbe cempany' directly or Indirectly. employs in
Montana 1900 men. and expends annualS ioi
The companies owned wholly or in part 6Sy the ne
Arnalgamated company produced in lse4 Eolcov,VH "
amount from custom ores) OF this amount the
Amalgamated company received the peneI tro6t ~
the total production of the United states;
uctuation in the price received for e me s Pe0s
Der pound (the highest and lowest prices during
the last five years. means difference to G0PPe5
COMPANY of 50 100000 in annual net earnings, or
cent on the capital stock Al me p pns
ton OF the metal market are more satisfactory ats
than at any inc since the early part OF 1901 c,o
stock, which has recently advanced several points
on the expectation of the issuance of report and
after The publication of the statement, which was
not favorable as had been looked for and closed
at SIS. a net decline of 112 points
Thomas W. Lawson yesterday afternoon resumed
his telegraphic news service from Boston, sending
in few thoughts addressed Ito Amalgamated
stockholders" His dispatch was in part follows:
1 will probably be in the American and European
press OF tomorrow tell you just what this Anal
gamated statement means Summed up briefly, 1t
means that the Amalgamated company owns to-day
% Td It oe GU from Marcus Day Haggn and
and Butte and Boston properties. for which it is
sued its stock, SIS 900 600. less 600 worth
Rogers and his associates so loaded with Anal
gaInated and so anxious to create market for it
tha ney put into tneir asset eS1un debt against
pany, of which they own the whole, and which is
S54. 10000. and which has always been carried at
100000 and which consists of nothing but the
new smeter which the 100000 represents and a
again: 1t means that the Amalgamated company is
JUST wnat II was when its present owners, the men
VINO concocted this statement, sold every share of
stock they owned, short and dropped it to So
per snare the same property less one hundred and
out and sold.