Show SALT LAKERS IN BULLFROG goldfield news yesterday was held at the office of the N campany the first annual stockholders L meeting of the bullfrog gold bar mining company seven hundred and fifty five 1 1 A thousand housand shares were represented at the 1 mie meeting eting and the business done was chiefly discussion and acceptance of the managers report aport and a consideration of the policy for he e conduct of the mine the new directorate is composed of dr E D woodruff of salt alt lake city J R davis J P loftus kenneth M jackson and N P reinhart Reinhar fc with mr loftus as president and mr davis vice president president and general manager john S alcook cook is treasurer of the corporation and W IA sherman secretary H G mayor mayer assistant secretary manager davis report given in great derail bail shows that during the years operation in drifts shafts and crosscuts cross cuts there has been 2355 feet of development work done the V lowest it point reached being the working r shaft having a total depth of feet the great reat ledge at the foot point has been entirely crosscut and partially crosscut at the 50 foot point the total crosscutting amounting 0 1 ng to feet and in addition feet of drifting in this amount of development ore bodies have been blocked out and ready for mining having an actual gross value of 2 the report of the president shows that this development work has veen been done at a cost of the total expenditures on th the property including a splendid equipment of machinery amounting to 55 the cash balance balanc e in the treasury is 28 to which an amount bount the treasury stock at its present marl ket value makes the present re sont total treasury available for the business this splendid showing whereby the employment of has in a single year resulted in opening a body of yealth joi cf nearly 2 is 13 undoubtedly vit hout a parallel in the recent history of gold mining and is certainly a splendid tribute to the worth of nevadas gold fields and to the men who have accomplished it it is probable that the present existing pool which expires september 15 will be indefinitely continued |