Show i1WOOO M1iE SALES Last Chance Companys Property Prop-erty at Bingham Bought EASTERN SYNDICATE GETS IT I H Hogle is the Head of the Purchasing Pur-chasing Combination Price Stated to bo Seventyfive Thousand Dollars Dol-lars Mr D W Smith Boports the purchase of the Chainman at Ely Nov by Himself and Associates The Price Not Stated by Him But Surmised to be 8200000 The properties of the Last Chance Mining company at Blngham over which there has been so much sparring slnco the rush for Blnghnm bonanzas began has been sold to an Eastern syndicate syn-dicate of which L IT Hoglc of Chicago Chi-cago IG the head the purchasing crowd shelling out 75000 for the mines and mill The vendor Is Charles J Hodge a wealthy iron manufacturer of Houghton Hough-ton Mich who acquired all the stock of the company several years ago and who has worked It at long Intervals with Indifferent results ever since According Ac-cording to the particulars which come from Mr Hodge himself the purchasers have made a spot payment of 25000 with the remainder abundantly secured and on August 15th the ground will be formally turned over to a representative representa-tive of the purchasing syndicate by the vendor who will accompany him to camp It is understood that systematic work will commence at once and that the mill will be started up under experienced ex-perienced management The Last Chance at an early day was productive produc-tive of a large amount of highgrade ore while large volumes of lowgrade that can now bo put into commercial form with the aid of a mill were leftS left-S Some astonishment has been expressed ex-pressed at the small amount Involved In the transaction but according to testimony testi-mony given by Mr Fledge In a scrap with the heirs over his mothers estate at Plough ton Mich he has since the estate was turned over to him under the bequest taken a loss of 110000 on Boston and Montana Mining companys shares at Butte alone and a sacrifice In some direction was necessitated In the meantime creditors of the Last Chance at this end of the line have been clamoring for a settlement and as no satisfaction was given them attachments at-tachments upon the mine and mill were Instituted It Is understood now that all Ihesc will be discharged on his arrival ar-rival In August and that the purchasers purchas-ers have been made conversant wUh the situation |