Show MAY DAY MINE IN FINE SHAPE Begins New Year With a Treas Treasury Treasury ury Reserve of Healthy Hea thy Dimensions NEW CROWD IS IN CONTROL MINE IS NOW IN SHAPE TO TOMAKE TOMAKE TOMAKE MAKE MONEY A fine showing was made at the annual meeting of the May Jay Day Da Mining Ih ng company yesterday esterday and while the control was passed into entirely new hands the re retiring retiring retiring tiring officials have every cery reason to feel feet proud of the record made during the year ear For many months stock In the company has been finding its way Into the hands of r 1 interests Identified w with the directorate dud and the result of the elec election i tion might have been foretold weeks ago The board as elected at the meeting and organized later In the day da Is as follows John Dern president and manager maniger B U BF BF F Carte Caffey W C McCornick nick treasurer D L Fulop and M 1 P 1 Braffett Gus Reeves was named as sec see secretary and the offices of the thc company will now flow be moved moed to the Dooly building The financial statement rendered by Secretary John Campbell showed that the year ear opened with cash in bank amounting 1 to S Receipts from sales of ore etc were making malting a total of oC 79 Disbursements totaled up to leaving a balance on hand of In addition to this it was shown that eight carloads of ore shipped and stilt still unsettled for or were worth approximately matel while the unpaid operating expenses of March would amount to about 1000 so that as a matter of fact the new crowd takes hold of ot the proposition proposition proposition with approximately to the good after all bills are paid luid One year ago everybody body was certain that the mine could not run sixty days without an assessment and whilo a vast ast amount of development work was ivas being done and matters looked squeamish for fora a time Manager J E g 1 Darmer ably as lS assisted slated by b Superintendent II 11 M J Eakin pulled the proposition through and placed the mlle mite whore where it Is today toda in admittedly admitted I better shape sha than it has been for many years ears Manager report shows that some extensive bodies of fine ore have han been opened up ore that has Ims been and is isnow Isnow Isnow now netting nutting the company more than 8 1 I IM M a carload while other oIlier known bodies are on the eve ce of being tapped in some someo of o the workinGS Attention Is also directed to the large bodies of milling ore that are arc exposed in the thc mine to the lease that has been given the Cactus Ore company compan for the treatment of the dump and such mill ores as are arc mined during the life of the lease It explains that the I company mentioned has remodeled the theold theold theold old May Day mill and Introduced a dry dr process of concentration that appears to be making a fine saving and an which should result in the lode grade ores of the mine affording a fine source of revenue to the May lIay Day Da company in the future Manager Darmer Darner pays a high compliment compliment ment to Superintendent H M Id Eakin thanks his board of directors for or the thc loyal 1081 support given him and bespeaks their hearty support of the new adminis In conclusion lon says sas Manager Darm Dam ers report I 1 will say sa that having been more or less familiar with the mines condition for the past fifteen years ears I believe that it Is in better condition has more moie numerous and larger lar er ore bod both ies In j sight ight with a greater reater tonnage of shipping ore exposed and with better prospects for their continuance than at an time In the history of the property |