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Show 11$ DALY WEST NEWS IS IN FROM TUB EAST tf '. E. Bamberger, president or the Daly M West Mining company, has returned o 7 New York from Salt Lake. Tho Daly La WoHt company has a surplus In the nelgh- 1 U borhood of 5300,000. but dividends are not j Ikcly. to ,b.j resumed until metal condl- ) tions improve and thern Is an advance 'n the price of silver. Interested parties ,' aro still at work In a quiet wav on the i nergr of the ifeveral- Park City pro'por- I its now under Bamberger control, with ; several others in the camp. This is M jdanned to be accomplished through' the i , oiaanizatlon of n holding company, 1.1 In October, Daly West showed not H arnIl?S2. of ahout 515.000. against be- H T.w-ti .?2o;i00 and $80,000 tho previous 11 month.' The plant Is working one shift i only.'- The Daly West has. recently struck hi ii very good body of ore under the 1600 IweJ. In the shaft. Assays show 105 , uuncas of silver per ton, with no lead and ?! -lOme copper. Tho Ontario drain tunnel H s nut a. short distance from the point whc-ra.crosscuttlng from the shaft to the i ; 'mine ore body will commence. Owing to j u sudden rush of water In the shaft at i' 3eplh. sinking has been suspended tom- J rowirJiv. Boston News Bureau. |