Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-04-29
j. j. DAILY RET|RES;
HEALTH IS POOR
DAILY Judge Mining Company Must
Find New President and
Manager.
ANNUAL REPORT is READY.
Financial History and Progress or De
relopment ~ Property Included
In officials Statements.

In officials Statements.
within a day Oh SO he DAILY Judge
wild distribute its annual report and a
cali for a stockholders meeting to he
held within few days John J. D4Iy.
president and manager of the conn
Parry, with surrender both Offices and
this VIII niece ssitate the election OF at
least one officer and probably two at
the meeting. MIR. DAILY VIII step cut
absolutely as his health Will not per
NIT him to pursue active mining amy
longer He has been active In the
mining world for the past 40 years
and during this dime he placed III.
DAILY DAILY West and DAILY Judge on
The dividend paving list. MIR, DAILY
tried TO quit mine-managIug Il yea
ago, but yielding TO the entreatles Of
OF his assOciates he retained the man
asement OF the DAILY Judge with tho
explicit undCrstanding that he be al
lowed To retire In year There
probably 40 mining man better known
throughout the west His connectGot
with any venture is assurance 10
doubtful Investors Forty years ago
he started mining, starting as a miner
III" Climbed Through various positions
such as shift-boss foreman SuDetIn
tepaent' finally assuming charge
the 'DaIYs, with the DAILY Judge as
his last acoomp lishment He spent his
carly days in Nevada and the south
ern camps OF Utah, drifting 10 Park
city in 1850 The DAILY Mining com.
PGuy was his first venture In PARK
City The Daily West followed and
few Years ago the Daily judge wa
rounded UP In shape. All three prop
gTties arc known throughout the
In view of the tact that Mr. DAILY
sewers his connection with the noInc
snortiy Ne has added couple OF ~
graphs 10 the mines annual renort
covering developments since the first
OF the year. The years development
ana financial history are covered by
President DAILY and G. w. Iambot,rnc
secretary and treasurer. Pararr,nha
from statements or both officials fol-
lew;
DEVELOPMENT DONE,
During the year approximately ~
500 feet Of development work has
Deen done which consists of 300 feet
OF drifts. saO feet OF raises ana a en-
foot wlnzc, THIS is exclusive ~ NE
bodies The drifting was done mostly
On tne l.5OO foot level, where a strong
Snoo1 was opened showing a widrh o9
from 10 10 80 feet by $50 fee I'm
isengtn- This ore is practically free
~ from ENC, but high in iron, rnaEing
~ a. vT.F ueslrahie ore for the sTneltere
VS. wcll as for oonceu tratton A good
narl OF the crude ore shipped during
w! we year came from this stope, and as
mere are ore bodies very similar In
character opened on the 1,30O and
LfpV loot levels directly above we
e",1 reasonably expect to find good
STOPPING ground between these Levels
AInSnFEav lad
the l,2Oo level, the ore bodies nav
greatly improved In both Quality ara
quantity as the work advances vsestnr-
~ toward Bonanza fiat The orr, bodl-
"a "a, sile taS OF the stope now measures
tullg oV Zee. the greater part of which
n,,S. "lll'lhs grade but out OF which
pu..e tonnage of shipping ora a.
sorted This GRE shoot Is o5ennd 1
Places Tor several hundred feet so,.h-
west from the point where II IL now
pSils mined, and as the oTa has va
tlea from 10 % % feet in width ana
i5 80 70 90 feet in height. II can
LNRdlly he seen that this shoot ne arc
Nlll afford stopping ground for n lnpo.
time to come. '"'ls
The ore bodies on the |. 400 level
dto producing ore OF an excellent
&h't'liy, as are those on the 500 Level
ne l% amount Of shipping grade q,
Wv. ~ ~, varies widely in the different
iT.O
lhoS ny concentrating ore. Others nra7
u"el'is li,69er4ily OF shipping grade
BIG FINDS ARE DUE.
While the past year bas hoAn .-oa.
one as respects the DEVELOPMENT Of
new ground. and while the Known ore
Duulss nave been called upon for but
traction OF the tonnage exnorad I
consider that we are but now enterrg
mat portion of the companv,s ,-nss
acreage that win prove the best ana
most productive or all. The possbIIs-
tles OF VIVA is termed the Bonan2a
nat region become more and rnore ~
parent as we reach our m f5ot VI
tee'ion' and the results being attained
bS otheT away TO the sOuthpest fror,
the limits Of DaIy-Judge ground On ~
elnphasl2e my long-malntained nnipfor
OF the mineral riches of our southwest
territory. N''
This region should and Will he de-
Neloped with as much speed as is CON
siHt'"l WIN good mining and the COM
pI'le opening ana development of rhgt
PORTION OF an the ground between tbc
i'oVo Jewel and the surface
ORE PRODUCED.
Al the beginning ot the year The
company had an indebtedness 1f t9SN.
9lOSS' represented IN 100000 worth ~,
uu's iLHllNS ponds and AN overdraft
az the bank Of t2La7G.6s Though h
watts woll along In tho year bsfore ,bs
mlIl was brought up to the ro0ulrSJ
WORKING capacity, IL win be socn from,
the financial exhibit that the voar
clossd With 9lI Indebtedness dlachnrg-
ed ana "A cash balance I'm the treasury.
on 1889 Q3e-j1 The net earnings or tho
yenr We're 85oOol5o5. or BI.e per cent
of itc gross earnings,
During The year g33ls toms at ore
were mined or this 19ol was OF a
bhippins grade, being one TO every
l,s6 tons or s"cond-class or milling ore.
The amount Of crude ore treated I'm
me nam was 6s8H IONS. which was re-
uNGe1 y. VI S5S tons ot lead concentrates
ana $500 tons of Iron and zinc mlad.
lhBs, showing one ton N concentrates
produced lrom each 49, tons OF crude
ore IHo average amount vi ore treat.
cd per gay mas been 1876 TONS. the re-
and value Of product being vary snt-