The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-04-01
DALY-JUDGE IS
BEING SOUGHT
Story That Chief Owners Of Bonanza
Have Been Asked to
Sell.
SOLID GALENA IN CYCLONE
MARCH PRODUCTION AND DIVl-
bends LARGE.

The air is full of rumors to the eff
feet that the Daly-Judge Mining COM
pany has been asked to name a price
at which it is willing to dispose of
its Park City mines. 1t is reported
that negotia lions are being conducted
IN Los Angeles by representatives of
the would-be purchasers and John J.
DAILY, president and general manager
or the company, who. ii is claimed,
Is in a position to talk for the lead
ing shareholders of the corpora ton.
At first it was thought that the move
to acquire the mines had been made
by the representatives of Thomas r
Cole and his combination, but the con-
tentiOn now is that it is the Guggen-
helm or American Smelling interests
that are trying to land the bonanza.
1t is this talk and the splendid re-
ports that come from the property re-
gardfng developments that have been
responsible for the sharp demand for
the cOmpany's shares during. the week
and the stiff price at which the stock
Is held Secretary G. w. LambOurne
has gone on a mysterious pilgrimage
TO some seaport or another, and il is
suspected that he has Joined Mr.. DAILY
by this time.
It has been pointed out during the
last two or three days that w. NJ
Bradley, who is known to have much
10 do with the business and corporate
law affairs of the American company.
was suddenly called to Los Angeles
early in the week. and that fact coup
led with the movements of other men
identified with the Guggenheim inter-
ests. is what has changed the idea
Of the oracles concerning the identity
of the would-be purchasers.
Guggenheims Are Busy.
That anyone would acknowledge that
deal was pending for the mines Of
the company at this time is not to be
expected, but the claim is persistentIy
made that something is doing; that
the American combination has. finally
awakened to the fact that ii has got
TO move rapidly if it does not lose
about all the big lead silver mines of
this section. In one quarter it is
claimed that the plan is to gather in
the Daly-Judge, the DAILY West, Lit
tie Bell. Ontario ana DAILY, and place
them all in the hands of one big hold
ing company. the primary purpose be-
ing to forestall the prOba BILE action Of
the Cole combination in its suspected
efforts to corral, not only the bulk of
the productive territory at Park CITY.
but in other camps Of the state as
well
In the meantime everything goes to
show that representatives of the Cole
com binatiOn are everywhere. and that
they are not asleep is evidenced by
scraps Of information which crop TO
the surface every day or two in some
quarter. a mighty game is being
played these days and ii is likely to
be several months before the frame
UP has become sufficiently well defined
for the public to get an understand
ing Of just what it all means.
After the Honerine.
Nothing better serves TO illustrate
how the wires are being pulled and
what tremendous rivalry exists between
the powers that are working-to con-
troll the silver-lead output of this re-
giOn than the maneuvering that has
been going on for the Honerine- one
week ago Peter Hack of Los An
Eeles was positive he had the control
of that mine safely within his grasp
Today he does not know where he
is at" Four or five combinations have
stepped In with a purpose of outdoine
each other in the race to land that
mine ana, while 1t is practically GER
tain that a sale viii be made very
soon, who will get it is still problem
aticai.