, 1898-12-29
THE RUDEFEHA SOLD.
SYNDICATE OF DENVER CAPITAL
lists BUY ONE-FOURTH
INTEREST.
Consideration Given as $35 900 and
Means Rapid Development Of This
Promising property-Most Impor-
TAM Deal Yet Made in the Battle
Lake District.

The Rawlins Republican of Deem
Der 2S gives the following news which,
coming from this source, may be relied
on and Shows the situation in mining
matters in that coming great copper
camp which will make the history Of
Wyoming for the next few years:
Messrs. George Ferris and Robert
Deal yesterday purchased the quarter
interest of Ed Haggarty in the famous
Rudefeha copper mine at Battle Lake,
the consideration being s35. 900.
Some weeks ago Messrs. Campbell
and Hurd, representing a syndicate OF
Denver capitalists secured an option on
Messrs. Deal and Haggerty's half in
terest in the mime, and they arrived
here last Saturday for the purpose Of
completing the deal. Since h option
was given the development OF the mine
has been so satisfactory THAT Mr.. Deal
regretted selling his interest. So when
a misunderstanding arose between the
two parties regarding the taking up of
the option, he declared the deal off so
far as he was concerned. Mr.. Haggerty
was willing to dispose of his interest,
so his partners purchased it, paying
$35, 900 therefore. 1t is confidemtially
believed that this mine will sell for half
a million dollars before another year.
They will continue the development
of the property and the shipment of
ore as rapidly as possible. New ma
chinery will be added as fast as it can
be used to advantage.
The sale of this quarter interest in
the Rudefeha mine is Of the greatest
significance to the Battle Lake district,
because it demonstrates to the outside
world that a really valuable mine has
been opened UP there, and 1t is not
reasonable to suppose this is the only
lead that will be discovered in that
region. In fact, there are several other
mines now being developed THAT give
promise of becoming Just as great pro-
ducers of high grade copper ore as the
Rudefeha.
Mr.. Haggerty is to be congratulated
on his good fortune, for it was he who
was the original discoverer Of this val
liable mine. A few months g he was
employed as a sheep herder by ]. M.
Rumsey. Last summer Messrs. Rum
sey, Deal and Ferris grub staked Hag-
gerty and sent him out prospecting in
the Sandstone and Battle Lake section.
The result was the discovery Of this
valuable mine. Last fall Mr.. Ferris
purchased Mr.. Rumsey's interest.
Thirty-five Thousand dollars is a nice
start in life for a young man, and to
make that amount in a single year Is
but a repetition Of the old STORY when
the goddess Of fortune smiles ON the
miner. Mr.. Haggerty's good fortune
awaits hundreds Of other men who will
go into the mining district Of Carbon
county and thoroughly prospect the
country.
MI. Haggerty will take z we'll earn
ed vacation this winter and pay a visit
to his old home in England.
UnqusstionaDly the coming summer
will witness great development Of the
mineral IL OF the southern part
Of Carbon county. Already Colorado
and eastern capital is seeking invest
merit in that district. 1t is no longer a
~prospector's hope. but shipping mines
have been developed, and the owners
have the smelter certificates to show
that some of the richest copper mines
in the west have been discovered in
the Battle Lake and Grand Encamp-
ment districts.