Show A COMMENDABLE INNOVATION All Al Mining ining Companies Should Emu Emulate Eu Eulate t late the te Con Cn Mercur The record which is being bing made by bythe bythe bythe the Consolidated Gold Mines lInes company and its is frank method of issuing issuing issuing ing a monthly statement of oC its is opera operations oper t lions tons to its Is shareholders and the pub public lie lic lc is I a matter mater of ot 01 such general and fa favorable fai i orble comment in mining circles that I as ns one well el known mining man express expressed j jg ed it yesterday i It I is a pity pit that that the management of nil all 01 producing and I mines of the state dont adopt the same I plan Nothing would redound more mOle to k the itlie benefit of the Industry or go farther in creating a feeling of confidence I among investors than tan a monthly or I 3 even quarterly quarter statement showing the I production profits expenditures re reserves reserves reserves serves or even of these companies and ad if they were not so no selfish I believe beleve they would adopt the plan Though the month lacks lackE a few days I c l closing the information was given Li out at the Consolidated Mercur offices 1 yesterday that the months run rn would i be represented in the treatment of not I 2 less le than tons of ore with wih the values and extraction equal to the aver average average age ae The disclosures of f new ne oxidized oxidize ore bodies in the Electric tunnel As Assistant A Assistant Manager Dern stated were proving up well wel and though no word had Imd come from Superintendent Ed Edwards Edwards Edvards wards during the past pat few fe days das he had Iad no doubt that the strike would add materially to the already magnificent cent blocked out out Equally Jy as interesting must have been l recent developments in Iii the thE Grand Cen Central trl but oWing to the policy of ot the management ment nothing concerning the mines condition rarely gets get beyond I i the confines of the directors chamber while statements of its Is financial con condition diton and methods of doing business are not obtainable by b even the share shareholders shareholders shareholders holders without they the go and make a a aI I personal pr nal inspection of the books boks of ot the company I he illustration is given not because hauHe anyone doubts either eiter the honesty or ability of the management management but for Cor the purpose purse of showing what a convenience It I would be and how much it I would tend to stimulate faith not only in the property but in the whole district where it i is situated could the th management be induced to part with wih the Information The Consolidated Mercur has set an example that ill cli 1 companies should and ad certainly could afford to follow |