Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-09-10
Proposed Merger Being Arranged
BY Several Prominent Gold
field Mining Operators.
STRAY DOG AND JUMPING JACK
To be Included IL Deal l. Concluded
--ilso Union No. o Claim Of
The Dexter.
speciaI Corresnondenc,.

Special Correspondence.
Manhattan. ,Nye Co, Ney. Sept s.
The plan Of m+ging several mining
properties into immense estates for the
sake Of economical operations has ex-
tended to Manhattan. where details
are being worked out making for the
consolidation OF the Stray Dog, Indian
Camp and Jumping Jack mines, with
the Union No. . mine Of the Dexter
estate into one corporate body Of min
efal ground II is stated here on APP
parently unauestioned authority that
the owners Of the control Of the three
first named mines have been approach
ed with an attractive offer for their
holdings and that the matter Is receive
Ing serious consideration. II Is also
said upon equally as good Information
that there has been bear movement
in Dexter for ihe express purpose OF
affording the Bianipulators an oppor-
tunlty 10 buy IN most OF the outstand-
ing stock at low figure before the
consolidation Is consImmated.
II Is pointed out by those who are
we'll Informed on the subject that such
a merger would result in the forrna-
ton OF one OF the most valuable min
ing estates In the state Of Nevada
Some time ago there was plan on
foot for the consolidation OF the Union
No. 9 with adjoining ground. but as
the controlling interests in the Dexter
could not secure control Of other prop
erty that they desired to include In
the merger the deal fell through. AT
that time a very fattering offer was
made for control OF the Stray Dog and
Indian Camp. but not enough to tempt
the owners OF these famous mining
properties to part with their holdings.
A number Of the most extensive OPP
orators OF Manhattan and Goldheld are
interested in the projected merger.
Some considerable progress has been
made and there is every prospect that
the consolidation will be contaminated
within a short time. II completed, the
CORPORATION taking over the several
properties win rank with the big min
ing concerns OF the country. in con-
known that L. VI. Sullivan, president
OF the l.. NJ. Sullivan Trust company OF
Goldheld. has conferred with George
Wingfield, one Of the heaviest stock
holders in the Dexter company, rela-
tive to the project, and has made him
an offer for his Dexter holdings.
amounting TO approximately 100000
shares. al a figure considerably over the
market.
The You-Like-It estate may also
form a part Of the consolidation. pro-
vidIng the small piece Of intervening
ground between It and the Stray Dog
can be acquired. II Is known that the
syndicate Al the head OF the merger
has considered taking In this
owing TO the discovery recent
" OF high grade ore on the As-You-
Like-It claim and the Lizard Frac-
ton, belonging TO the same corpora
ton Just what price was offered has
not been learned definitely, but IL Is
said TO have been better than % cents
per share. Development work on the
As YOu-Like-lt property Is being az
gressively prosecuted with view 10
the best possible showing be-
fore the consolidation Is perfected, so
that the grounds true value may be
determined and a fair price placed upon
the stock In the event the owners de-
eide to join the merger. With every
round Of shots the two orebodles are
showing constant Improvement, how
ever, and the owners OF the mine may
very likely decide TO operate their hold
Ings independently
As result Of the negotiations there
has been a sharp advance in Stray Dog,
Jumping Jack. and Indian Camp on the
San Francisco and New York Ex-
'hanges, due 10 an unusually heavy
buying movement Thursday, Stray
Dog sold al 50. Jumping Jack at IS. aud
indian Camp at ga gain OF from 1--WE
o eight points IN less than a fortnight.