The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-12-24
MINES AND MINING.
Dennfs Ryan. she 81. Paul Million
ssr~, and an English Syndicate
Bay the Property, the Deal Being
Closed I'm This City Yesterday-A
Description of the Minea-

That Seattle 1aS become mining center
IL astessed daily 5y tne arrival from Goa
ssgzs2S m-ung eenters az TIE pr-ncsF'&4
asofeis most o. tfeEn yzasnA owners mine
spectators. or prcepecZors wsIh fSs4r
specimens ard credentials showing the as
say OF she precious ore e @hs+r gTspsacSs-
For u-sete a week there has beer coEn.-
clIea ~ the Butler party Of mining men.
such as James j. Reilly. OF Lake Geneva.
wa. an expert wei. known on the Pacific
coast, Arthur W. Hawkes.. % Everett;
Mr. Stevens Of Spokane. q south African
Mining expert. 4. X. lockwood and A.
Sutherland. u xas s.syerton mining dls-
trick, and Others.
g>zaf a deal Of eonsideraose moment and
s.zs Ras being cons sdsres1 Sas apparent,
bar al efforts 20 get a. rns bottom % IL
were uC4eailIng. Tire gentlemen coanecE-
ri with tae deal were extremely reflceEaI.
some denying asa matter Nas under con-
sIaegatlon. Others whispering N mysterI-
Gus rones sssaE a hen 5 on. and after she
cackies taeE TIE egg"
On Tuesday nigaE conclusion " as
reached. and a transaction covering fully
s-5s SO IN fsaTd cash ard coAatsrAl money
whether ia stock or bonds 5 only known
BY the Representatives Of Dennis Ryan.
OF s.. Paul, the mining millionaire. or Mr..
Stevens. o. Spokane. VITO i believed -
represent Esng.lsh-soaakh African capital,
and oa4lerE "a the scheme.
The property sold 10 the syndicate Is the
famous Bonanza Queen group n the sli-
ver30n district. owned and controlled %
j. r. Bender, Z. y. Lockwood and Angus
Sutherland.
Mr. James J. Reilly. the mining expert.
wipo Is believed 80 represent the Dennis
Ryan branch Of the syndicate declined 70
say angling other than 70 remark mat
ne was nos az Liberty 10 TAX about pTi-
yate business. but az the proper tine
would De CAD 10 give fun particulars.
Other participants IA the deliberations o.
the conc.ays. among gheHs j. r. Bender.
one Of the owners OF the Bonanza Queen
group, declined 10 furnish 10 the press any
particulars OF the transaction. but be vas
quite w.il.ng 20 admit that the matter had
been under discussion and that a sattsfac-
tory adjustment had been reached. the
nature OF which he would not plain.
Another member OF the party had less
conscientious scrupses. and consented %
taIk upon the fop.c, providing the suppress
sion Of h.S name WAS guaranteed lie
said
After quite a session between the own
ers and the buyers Of the Bonanza Queen
group a resug has been reached the
amount involved being sz59.1t9 a large sum
beng In cash. The group has bean trans
feFred 70 Dennis Ryan. Of s.. Paul. who.
ii Is believed. represents a syndicate OF
Eastern and South African capitalists,
These mlnes, ten In numaer. are IN the
slllIaguamlsh mining district, at Silver
tor. on she Monte Crlsto road. forty mine
rniArs from Everett. They were d-scov-
cred on August 8. 1891, by Messrs. Lock
wood Bender and Sutherland. Who have
made the sale. Bender il one Of the Old
est and most proficient miners ia the
West
The main ledge. on which are the Be-
i nAnza Queen. Silver King, Silver Coin and
( S.lvertoR. crops cut IN gusch running
+ down 20 Deer creek. rs course being from
southeast 70 northwest, and some pros