Show HA HAVE VE AM BOUGHT ONTARIO I Information n forni in Report From New York Is Not Con Con- firmed Here NEGOTIATIONS CARRIED ON Ono Ommo to Be Desired Acquisition Hon Greatly to Hound Houll Out Dal- Dal eL Daly c t Estate stae No confirmation could be obtained in this this' et city yesterday esl of time tho I rep report lt which camo caine from New York Yen that Jacob Jacob Ja Jacob Ja cob E. E Bamberger acting for the Daly- Daly Vest est Mining company compan of which ho hois is president had closed ed lie tho deal for Cor th the th purchase of oC the tho Ontario and Dal Daly mines at Park Cf City It IL I is known that such tich a deal has hM been pending for some seine sometime time but i if it I has been closed those most niost interested d at this end have not been been notified Ernest manager of the Daly West Daly was out of he tho city Manager Manager- C. C L. L Rood flood Rooe of oC the Ontario an and Dal Daly saId It I is Js true truo tl that t negotiations of this character have been pending tot for some sometime sometime time but if Jf they have been consummated mated I do not know I it It an and I would be notified had anything anything definite taken place According According to lo the story which has s ha been set afloat the lie Daly- Daly West Daly-West cst has long long de desired Jred to acquire the ground of its neighbors the Ontario and the Daly and ad this desire has recently been Leen greatly great great- ly Iy intensified by a n big strike in its Is own territory close close to the boun boundary alY line of or the Daly with no doubt or tho the ore oro body Iod extending Into the latter's laUer's ground However this ma may be bc there Is no doubt that the acquisition which It I is said to have havo made would woud round out tho the estate estate es es- es- es tate lute of ot the West Daly in a manner that I I would provo pro o desirable f Iu In man many re respects Tho Tho Ontario's 1 great great- drain drin tun tun- Un- Un nel Inel ne alone Is no doubt worth to the the tho D West Daly-West l- l tho the p pi ice e paid ald for fOI the entre entire en en- entire en- en tre tire property while while- tho the independence of action acton to be gained In development along along vigorous lines Jnes would woul be a con consummation consummation cn summation devoutly to be desired l T ioki HC Reasonable The price paid f for Thi r th according to the New ew York stor story is 15 at the rate of oC 5 3 5 a hare tom for Ontario and about 3 3 a u share for Cor Dal Daly which would make mako OOOO for COl or the tho former Cormer n and d for the thc latter Tho The Ontario has paid nearly 15 1 In dividends dividends- the the- Dal Daly more than but It Is known that OIt both are capable of yielding a n great t I deal more The Day Daly went out of oC commission commission com coin I mission for tor some time following the slump In silver and the Ontario was was' operated along along lines of oC retrenchment which made profits out of oC the thc que- que ques ques- tion ton Manager Rood flood recently secured the adoption of or liberal a more policy and was in Iii the way of placing placing the mines mimics 00 0 more on a pa paying basis when thc in of or the drain tunnel and tho ho n flooding of the mine gave him hima a temporary setback Tho The overcoming of or this is now In iii sight however how ever and ant If the Dal West Daly-West Vest has ha succeeded succeeded suc sue or 01 does succeed in acquiring the tho properties It will wi have havo an estate which will vilI give the wi s great opportunities for Cor making a n mine that will viII wi be one of or Utah's wonders |