Show THE DALYWEST DEAL Final Payment of 270000 to be Made Today THE MONEY IS TELEGRAPHED BankingHouse of McCornlck Co will Hand Over the Cash to tho Sellers This Transaction will Leave that Great Bonanza Under the Control of Home Talent It will j t ba a Liberal DividendPayer organization of Board of Directors and Officers will Follow Transfer The final payment in the sum of 270000 upon the Haggin Hearst holdings In the DalyWest Mining company will be made this morning by the Messrs Jacob 15 and Simon Bamberger through the bankinghouse of McCornlck Co this upon telegraphic tele-graphic instructions received by Hon W s McCornlck yesterday afternoon from the purchasers who are with their families now at Hcxlcrs hold Cincinnati O This payment that swells the total involved In Die Irans action to over 500000 eliminates entirely en-tirely the Hagglnllcarst croud and leaves the bonanza under lie control of home talent With this accomplished accom-plished by Die Messrs Bambergciv it la not difficult to determine the future policy oC the company for while it will always carry a balance sufficient to cover any contingency that may arise all In excess of that will reach the pockets of the shareholder That a reorganization of the board of directors and the selection of new olllccrs will take place at an early day was an assurance given out by Mr Simon Bamberger before his departure for Cincinnati and as wllh his brolh er he Is scheduled for a protracted Journey through the South there Is a possibility of its taking place in Cincinnati Cin-cinnati That city Itself in which the Messrs Bamberger have a large following fol-lowing wll draw down not a small portion of Die 47000 shares thai passed with the deal and will of course secure se-cure prominent representation on lie board although the presidency will as previously planned be tendered Hon R C Chambers for whose block of SOOO shares he a short time ago refused 100000 It was also intimated yesterday yester-day that ho would be given the refusal of the management as he Is as con versanl and has been from the first wllh developments of the DalyWest as Is lie with Die Ontario and Daly over which he has presided all these years And there are other things in support of tho belief Dial he will be asked to step into the saddle When the shares contained in time block will be allotted is not known but now that the undertaking under-taking has been finally closed the Messrs Bamberger who arc to be congratulated con-gratulated upon the success of it will take that matter under consideration and send out Die proper notIce |