Show AND GOLDEN GATE it now begins to look as if there would be a consolidation of the mercur and golden gate properties at mercur in camp floyd mining district As a matter of fact it is learned that an agreement has been reached by the interested parties and that the papers have been signed subject to ratification by the stockholders of the mercur company a special meeting 0 having havin r been called to convene in this city on the in order that the project may be accepted or rejected if the consolidation is a new organization will be perfected under the name of the consolidated mercur gold mines with a capitalization of divided into shares shar 1 es of a par value of 5 each shares of which will be placed in the treasury of the company while shares will go to he delamar crowd shares to be divided among former mercur stockholders the gold belt water companas comp anys holdings are included in the deal and possibly the mercur companas comp anys interest in in the salt lake mercur railroad if the consolidation is effected final cleanups at both mil mills Is will be made before the first of july when the new company as reorganized will assume control of these two great wealth producers the deal has been in contemplation for several months it is a most important transaction and will certainly give a greater impetus to mining affairs in this great gold camp |