| Show ABOSD ON THE BECK Option Given on the Control at 20 a Share < MERCOR ROAD BLOCKADED INTERFERES WITH THE OPERATION OPERA-TION OF THE MEBCUB MILL The Sunbeam Meeting Decides to Let the Bond Lapse on the Juab Lawrence Ground Mercur Fears a Coal Famine The Blockade on the Road Interfering With Traffic Traf-fic Bingham Bulletin Notes Fine Body of Carbonates Uncovered Uncov-ered in the Fortune Mineral Surveys Sur-veys Ordered Claim Owners Who Want Titles to Their Ground The Ellis Concentrator Articles of Incorporation Filed With the County ClerkThe Ontario Drain TunnelWork Suspended on Account Ac-count of Water Ore and Bullion Silver and Lead Mining Notes and Personals The report was circulated on the streets yesterday afternoon and semi officially verified that an eastern syndicate syn-dicate represented by a Salt Lake firm of mining promoters had secured Ian Ian I-an option on John Becks stock in the I BullionBeck mine at Tintic which represents a controlling interest in the property and that the purchase price calls for the payment of about 20 a share I has been rumored for some time that an effort was being made to tie up the Beck interest I this had been done a few months ago it Is more than likely that the bond would have called for a much less sum than the price now asked as it has only been within the last few weeks that the company ha made such a showing as i now does and the fact that a dividend divi-dend of 1 a share has just been declared de-clared and paid with a mountain of ore now in sight adds much to the value of the property The BullionBeck Is one of the bonanza bo-nanza propositions of the state and there is reason to believe that the mine will pay dividends for many years to come THE SACRAMENTO I was also learned on good authority author-ity that Captain J R DeLamar was making an examination of the Sacramento Sacra-mento mine at Mercur A week or two ago Mr Clement Mr DeLamarsJ expert made a casual look through the property but yesterday I armed with an order for admittance Ito ito i-to the mine Mr Clement made his reappearance re-appearance and is now engaged in I dthi f making a more thorough examination of the property which without doubt is the only producer in the camp which can show a breast of ore 100 i feet in height every bit of which I can be profitably iedit Captain DeLamar has not obtained I a option or bond on the Sacramento and it is not known what his intentions inten-tions are regarding this dividend payer but it is believed that he would like very much to add it to his other acquisitions ac-quisitions in the camp and there Is nc denying the fact on account of its value and location that it would make I a valuable addition to his Mercur holdings I was also stated that the I captain had the GeyserMarion in his minds eye but this rumor lacks official of-ficial confirmation I Up to last nignt there was nothing new regarding the Mercur deal but it is expected that within the next few I ject days light will be thrown on the sub I |
