| Show THE CAMP BIBD DEAL It is Consummated The Purchase Price is 56500000 The big deal Involving the sale of the Camp Bird mine Jn Ouray county Colo has been consummated and with the payment of S300009 by British Investors In-vestors control of one mprc American bonanza will have passed over the water V wa-ter The first news that the proposition had been accepted by the London ryu dicate which was recently organized to purchase it and for which the examination exami-nation was made by Mr John Hays Hammond now In Salt Lake was re leased in this city yesterday by Mr T A RIcard who departs for New York today and where he will meet Thomas p TValsh owner of the Camp Bird To that which has been already published by The Tribune concerning the bonanza and the deal Mr Ricard said he could add nothing The figures over which Colorado reports have dif fered are announced by him at C500 000 while the personnel of the syndi cate by which the purchase Is made has already appeared throughout the country In New York Mr Walsh win arrange to turn over the property to this syndicate and that done the un dertaking Involving eo much will have been rounded out That Mr Walsh who has fi number of friends In 5lon hat now achieved one of the objects for which he entered the diggings will bc the signal for congratulation from all who know him r The Con Mercur Product The management of the Consolidated Mercur closed the month of October L with the production ond milling of 30639 tons of ore the valuation of which will not have been dctcrmlnct until the aurocyanldca hall have been reduced to gold bullion which task will bc completed about the middle of the month The total discloses that the management approximated within 01 tons an average of 1000 tons dally for the month and that the grosu earning must exceed those of September whci the proceeds of 28008 tons put through the plants reached a total oC 1G5177S7 In the meantime the management opened up ores during tIme month the 0 tonnage of which greatly exceeds that whirh was stoped while the strike in Electric tunnel has developed Into one of the most interesting In the ilstorv of the mines Samples from this source yesterday were heavily impregnated I with cinnabar always characteristic of the better quality of ore at Mercur while the general average of the new body thus far proclaims nice margin |
