Show ba big g deal in 1 n utah uta h properties has been closed on the instant a cash payment of was made to the thomas kearns estate in salt lake on the stated purchase price of for the large number of mining claims in grand county south of moab owned by the estate the purchasing company is the tungsten products company of boulder colorado of which W F bleecker of boulder is president the J P morgan and belmont heirs are understood to be the interests back of th the 3 big deal the properties involved are said to include more than mining claims which have locally heretofore been known as the ke kearns arns clark mines some of which are said to be patented and all of which have been owned and worked to a greater or less extent for several years for some time the deal has been pending and the initial payment made on friday last was held back pending the clearing up of titles to the satisfaction of the purchasers while the purposes of the purchasers purchaser with respect to the handling of the properties has not as yet been disclosed it is considered only reasonable to expect that operations on an extensive S scale ale will soon 1001 be undertaken for a mining transaction of this to be closed up under prevailing conditions of the financial market is certainly assuring to the mining fraternity in utah and the west |