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Show BIG MINING DEAL IS CLOSED IN ELY . . A great mining deal has Just been consummated con-summated in Ely by H. O. Snyder, and E. J. Raddats. It involves the payment of more than $300,000 and gives the capi- J tallsts Snyder and Raddats represent control con-trol of all the mineral ground under the Lane"City townslte. It took. more than two months of hard work and thousands of miles of travel to close the deal. Some of the . owners of fractional interests are no longer in Ely and to gain possession of all the territory desired it was necessary to see them and come to an nnderstanding with them. It ia understood that the mineral acquired ac-quired was bought, not by the claim, but by the acre, the average price being $1000 an acre in cash and 1000 shares of stock In the Ely Standard Copper company, which Is to develop the ground. |