Show OPTION ON THE ILLINOIS will probably be purchased by senator kearns and made a part of the raymond mining company the reporter learns from a thoroughly rel able source that at a meeting of 0 the illinois mining company held on june a resolution was adopted granting P J wescott private secretary and brother in law of senator reams kearns an n opt on on the entire holdings of the corn com p pany any it is 11 understood that the option call calls tor for the transfer of the ground upon the payment of a certain turn sum of money h ie is bought to amount to WO kuo her meeting of the illinois company will be held on july 2nd at wh wb ch eh t ire u the deal will be closed this informal format in on we succeeded in getting from illino s stockholders the first payment or one halt half of the purchase price it f the ground according accordi sg to the terms of the option must be made in GIX six months and the balance in one year knowing that J C sullivan Sulli manager of the raymond mining co la is in close touch with senator kerne and associated with him in several mining proposition propositions the writer interviewed him today upon the matter mr sullivan refused to either eonni eon lim m or deny the rumo but admitted that the adding of tho illinois territory to that of the raymond chich it adjoin adjoins would be in nob with the senator pol W y mr sullivan said that if inch such a deal was successfully earned carried through it would be reasonable to believe that the bay ray mond mining company would denv derive whatever benefits there were mr sul livan and senator bearns own the eon con trolling interest in the raymond and it would be an esy easy matter to merge the this two properties into one provided the raymond wymond con company ivany should need addition 1 hi I territory mr sullivan aid said that the people of the tintie dit triet do not realia reali what senator kearns is doing for th s section the fact that be he has lunic sunk a shaft to a d stance of 1500 feet in an unexplored part of the district without showing the least discouragement shows more clearly than anything else that he has absolute faith in tintic gintic notwithstanding withstanding Tot the fact that this district hai has received many serious set backs from knockers and others who think that mine mines can be made in a day senator kearn kearns hag has kept right on putting hia his money into development work it must not be thought that he is not familiar with the ground on the contrary he has studied the foundation foan dation carefully and is satisfied that he is on the main lead and that before long the moat most skeptical will be convinced mr sullivan ie is also of the same opinion and alieves that within two years lintio will be the banner in n a n district ic ir utah rasmus neilson was n nephi this week the grand central mining company has declared a dividend of 10 cents for the month of june P J fennell and J 0 sullivan visited the old colony at mammoth this morning J 0 sullivan e at the raymond ratmond pent spent lest last saturday a aa salt lake returning home the same evening salt bake lake stockholders visited the madel ne no property in east tintic gintic laet last sunday work is till still being carried on by contract joseph wae was in froin from hie his north property monday and tuesday and report reports the tuned tunnel in distance of fifty live tet feet city councilman W L croft returned sunday from his beaver county mining property he Hs bai has about closed a deal for roi the bale sale of the ground aud and on tuesday left again for that section |