Show BINGHAM CON SMELTER IS NOW FOR SALE President ent James P Greaves of ot the Bingham Mines lInes company compan the company compan which has taken over oyer the Bingham Con Consolidated Consolidated and the Eagle Blue Bell has reached Boston from his recent trip of or inspection to the properties and while he h had nothing to say sa in Salt Lake he heIs heis heIs Is credited with having haTing made the follow following followIng ing lug statement on his arrival at the east eastern eastern ern era offices of ot the company t The mining equipment of Che Oie Bing Bingham Bingham Bingham ham Consolidated Mining company compan Is In InI excellent condition and operations could be resumed at an hours notice The I leasers who have hae been working on the Eagle Engle Blue Bell properties for sev several s seral eral months have hae opened up what I con consider shier sider some pretty prett fair fall ground and 1 I gave Instructions before I 1 left for the east to put as many man leasers on the property as possible not only at the Eagle Blue Bell but at the Dalton Lark In order to open up tip the property pro pert as rapidly as possible These leasers le sers work on a sliding scale basis the company com pan re receiving i from 25 2 5 to 50 ro per cent ent of the value e of the ore after smelting charges charge I When hen the property of oC the Bingham Consolidated is 15 finally turned over oer to the Bingham Mines company compan which will probably be done in the course of a cou couple couple coupIe pIe of ot weeks WE eks steps wilt will then be taken to operate the property directly by b the new company and work by b the leasers le will be terminated The Tue smelter on the property costing about and which has bas been closed down for tor some months is now no In the ti market for sale but It is unlikely that the proceeds will exceed 10 per cent of the cost I |