Albuquerque weekly citizen. (Albuquerque, N.M.) 1891-19??, 1906-12-22
ARALGAMATED COPPER
GOBBLES UP GREEN
Green's Agent Says That
Traders Can't Figure Out
where ITO Is AZ"
CAUSE OF LACK or TRADE
As a Signal That Battle Is Over.
Ryan and Green Eniold
Each Other.

In connection with the Greece Can.
anea deal. Dusy a Overlook have re-
eelved The following over their spu
clal wire.
Tom Doe. agent at Bisbco. ARR.
SAYS Az a meeting of the direclou
OF the Greene Consolidated today The
directors hy vote of no 90 : sold 90
Ryan a Cole the zoe. 900 shares uf fall
paid Cuuanra Central stock owned b.
The Greene company for $1,000 or
at the rate of $50 n share
Tom Dec Ia reply o. a query al tp
why the seeming large difference boa
lht quotations un 0ruenu and the nov
Greene Cunanca stock. says. "Oniy
way ! can account for t is that there
Is a larger Boating supply Of Greene
than OF the ncw stock
There has not been much trading ln
Greene stock this mOraing FOR tho rca.
son that tho average trader could NOT
figure out where be- was a. hc-
cording 20 the reported terms of the
consolidation the holder cf ono share
uf Greene would receive one nnd
half shares in tho new company
Greene was quoted around S3f while
the mock of the new Cananea Greene
company was aeliiHE I'D so. which
would make q share uf Greene az tho
ratio announced. worth $3.50. yet DO
could be- bought iu the market at f3i.
% looked "tul cOud' tn the traders
and bat few 10 any iooh the present
of $500 q share. which was seeming
ly thOro Tor the mpu who bought o.
share of Greene and sold one off
Greene Cananoa
The announcement OF the merger
between the Greene Consolidated
company OF Cananca and the Cmanen
Central company came Ga a aurpri2 b.
go ulshoe people. as Col Greene has
said .n many published statements
that be- would remain 90 tue head 81
tha company as long AZ q lasted
The present merger shows that ~
last the Amalgnmaied Copper com.
pany has secured control of Greenc's
mtutUats. although he has fought thoW
90 staudstill for the past three
years
The Amalgamsied company. which
Us the trust controlled by the stand
ard Oil company. has done everything
ln hs power within the past twenty
four months 60 secure control oi che
Greene properties az Cananca. but
Col Greene has had Sufficient money
ana backing 90 hold control of tne
miuos for himself AMI associates uutu
the urpsDrt time
% ls cyidgnt from all reports that
the battle rs now ended and that Col
Greene and the men who were aasucl-
atod vita Atm have sold their largDst
irtHrcats M price cummcnsuratf
7 with the value of the property an0
only hold O. 9uriion uf the uncontrolled
I interest 10 ihe big new Cananoa com.
pany.
The presence OF John D. Ryan
name ln the dcal s sufficient to show
| thar the Amn'gamatrd has secured
control of che Greene and Cananoa
/ Central az ho d. thc chief consulting
I engineer uf the AmalgamatCd and b.
/ likewise the geonral manager
Thomas r. Cole. who represents
} She Canaucl Central interests and
! who le NOW prosidcrt az the new com
pauy. o. ,he leading operator in all of
the Calumet ArIzpni intereiiH and
I from all reports is hacked up by The
7 United States steel corporation
with these interests behind th,
merger. there is NO question lmt whoi
the shares VIII go higher and the pro
duCtiOn of the mines Will ho Increased
90 great extent
superintendent patls1n said ihit
| morning that the Dcnn'Arizona was
looking better than over and that they
were still 10 ore in the driit,
There's nothing 10 good for Is sore
ID.