Show THE DALTON LARK Not the Old Option but Farnsworth Takes Part For 300000 the management of the Dalton Lark Mining company has contracted to convey to Philo T Farnsworth Farns-worth and his locul associates about ten months later a large portion of the companys Bingham domain the agree mcnl of course subject to the approval appro-val of the shareholders who are notl llcd to gather in special session on February Feb-ruary 5th next Just who have associated asso-ciated themselves with Mr Farnsworth could not be ascertained although a number of prominent names have been mentioned Manager Schenck who has represented represent-ed the shareholders thus far In the transaction confirmed the report of the agreement and said the sale Included the Dalton Lark Brooklyn Lead Mine Wasatch and ten other claims embraced em-braced within the companys possessions posses-sions the company itself retaining no less than an even dozen locations In one of which not a small amount of highgrade ore Is exposed The proceeds pro-ceeds of the sale are to be pro rated among the shareholders of the company com-pany each share after the indebtedness indebted-ness has been cleaned up to draw down about 11 cents That the transaction will elicit the approval of the shareholders share-holders President Schenck has no doubt whatever The company he says has a total of twentyseven claims and with the territory that Is retained will contluuu to do business at the ola stand the ground to be opened up and operations to continue as In the past That Mr Farnsworth has been laborIng labor-Ing upon which now appears to have been practically accomplished for sometime some-time has been known to not a few and that the dicker was not closed immediately imme-diately I the copper crowd withdrew was due only to a refusal on the part of the Dalton Lark management to cut up and dispose or a portion of its domain It was while negotiations between the company and the Coflln crowd were pending that Mr Farnsworth entered the locality and shelling out 30000 took the Antelope group from Ilory MacDonald and his associates AH a representative of the Coffin syndicate he acquired thorough knowledge of the Dalton Larks ore bodies and when the latters option was relinquished his bid for a portion of the ground was made With this end the Antelope group consisting of four claims tho purchaser acquires a very powerful proposition and one that under his energetic en-ergetic management should be made one of the most Productive in Bingham Bing-ham To accomplish this pumps of adequate capacity only are needed The ore chutes that have been nicely opened up and are as well defined lH any In the camp For several weeks the company com-pany has been Increasing the output and everything Is In Improved condition condi-tion The sale of iCOOOO shares of Dalton Lark stockthat had been hypothecated by Mr Schenck as security for a loan of 20000 did not take place an scheduled sched-uled 11 t the eniniiH1 to the McCornlck block yesterday On the contrary the note that had bfon rxecuted favor of C A Coflln and upon which 000 Interest In-terest had accumulated was discharged and the deck cleared for the more Important Im-portant transaction that was to be I closed at n later hour In the day It wan rapidly approaching the hour for I the hammer to rise however when Mr Schenck and his associates presented themselves In the offices or Mr C O I AVhittemore and counting out the mom > y the note was taken up And It I all ended well |