Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-06-24
BUSTER SALE
is CONFIRMED
5. ". Smith Here EnrOute
to San Francisco to
Pass Tile

;. W. Smith, discoyerer and locator
OF the Buster mine, in the Elk City
district, was an arrival this morning
en- route to San Francisco, where the
details of the sale of the Buster mine
to Fred Bradley and associates will be
closed up.
As told by The Teller last yeek, the
Buster mine will pass into the hands
OF Mr.. Bradley and associates on July
l, and only the formal transfer of the
money and deeds remains to be per-
fected.
When asked for the terms of the
transfer Mr.. Smith stated that this
was confidential matter between
himself and the Bradley people, and
nothing could be said at this time. He
stated, however, that The Teller was
practically correct
L believe 1 have brought the best
people into the district that could be
secured" said Mr.. Smith, while dis
cussing the sale today, land there is
no one who knows better than myself
what it will mean to the entire district.
! All of the plans for immediate ac-
ton by the Bradley people have been
completed, and as soon as the word
| comes back from San Francisco that
the deal has been made the move to
install machinery and make other i'm
provements will be made at once.
THE management of the Bradley in
| ic in Il.
Thorn, and all details relative to the
equipment needed have been perfected.
Mr.. Thorn has also been in CORE
spondence with the manufacturers of
stamp mills, and while it is probable
that new machinery cannot be manu-
featured under six months, it is ex-
pected that the necessary mill ma
chinery can be picked up in the mar
ket and transported into the district
during July and August"
The final examinations of the prop
erty were made by ]. H. Mckenzie of
San Francisco, and all details have
been arranged for the transfer of pa
pers as soon as Mr.. Smith reaches
San Francisco.
The taking over of the Buster mine
by the Bradley people is by far the
most important development in the
mining history Of central Idaho, and
insures the active development of
many propert es in Elk and bordering
districts. The question of chance with
the Buster has passed. That was why
Mr.. Bradley spent $4,000 in the prop
erty before making the purchase, and
is now ready to install machinery, mill
the ore and extract the values.
The working of one producing mine
develop promising prospects, and with
in a short time it is assured large
numbers of men will be engaged in
development work on many Of the Elk
City properties.
The coming of Mr.. Bradley and as
sociates will mean more to the district
than the opening of the mines. II is
/ quite probable that the extension of
the Northern Pacific from Sites will
be the next move of that railroad COM
pany in central Idaho territory.
It is definitely known the railway
company has already secured data
relative to the tonnage Of the country
to be tapped by the extension of the
road up the South Fork, and parties
in close touch with the construction
department have advised that no in
vestments be made on the basis of the
present terminus Of the road, as it is
quite probable the extension will be
made within a short time in the event
the Bradley people enter the Elk dis
trict.