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Show Another big mining deal has been consummated and Provo and other Utah capitalists are further enriched with the fairest of fair prospects before them of going on and on up the ladder of fortune with great big steps. Ed. Loose, S. S. Jones and Reed Smoot of Provo, David Evans of Ogden, Thomas 11. Cutler of Lehi and James Sharp and John Sharp of Salt Lake and others have parted with some of their snares of stock in the Sioux group of mines at Eureka, excluding the Utah, 80, - uuu snares in au, 10 ueorge ti. itooin-soonTBUporintendent itooin-soonTBUporintendent of the Mammoth mine and Franklin Farrell, the multimillionaire multi-millionaire of Ansonia, Connecticut for the sum of 875.000 00 and the pro-visso pro-visso that the purchasers shall within the next eix months, put up a 20 stamp mill on the property, which is admirably admira-bly located for the site of the plant. The company controls its own water rights and everything is adapted for the operation oper-ation of a mill. The property has an almost unlimited amoutt of milling ores already blocked out. It is proposed pro-posed to proceed at once with the cprrying out of the contract, and the probabilities are that before the six months are gone the new mill will be in operation The deal was completed in Salt La tie last evening and as soon as the papers had been signed and the transfers were made the old board of directors resign"d ?rd the new one was elected us follows: Franklin Farrell, S.S. Jones, Ira D. Winea, George H. Robinson and William H. Bradley. Of these Mr. Farrell ie president, presi-dent, Mr. Jones, vice-president and Mr. Robinson, general manager. Mrs. Cyrus Smith of the Third ward I who has been seriously ailing for about twelve weeks now with rheumatic fever and other troubles, is lying in a very critical condition today. |