Show BIG MINING DEAL Number of Cdeur dAleno Properties Taken In Spokane Wash Aug HA B Campbell a millionaire Coour dAlene mine owner has received a telegram from New York Informing him that the sale of the Standard mine to the Federal Fed-eral Mining and Smelting company anew a-new 30000000 corporation backed by the Rockefellers and Goulds has been completed The price paid for the Standard Is about 3000000 The Federal Fed-eral company will also take over tho Mammoth mine and the Empire State Idaho group In the Coeur dAlcnea The Issued capital of the Federal company will be 320000 half common and half 7 per cent preferred The re ury maining 10000000 will be in the treas uryTho Tho deal also Includes the Everett smeller and the Monte Crlsto mine and railroad The erection of large smelters at Spokane la under consideration John A Finch or A B Campbell of the Standard and Charles Sweeny of the Empire State company all of Spokane will probably be on tho directory The deal Is largely cash and partly for stock In the new company The Coeur dAlene mines Included in e the deal made profits last year of 1000000 |