Show THE REDWING MEETING at the annual meeting 11 of the stockholders of the redwing mining 1 company of bingham 11 which was held in this city cay last week of the shares of the stock of the association issued were represented and the result of the election for a new board to serve for the ensuing year was waa as follows wm H president gill S peyton vice president sam C park treasurer J J corum E mccarrick and 0 A barker F W crouch bein being appointed secretary in his report former secretary disclosed the fact that the mine was in splendid physical while the company was in excel lent le t financial condition the report showing that the total receipts of the company covering a period extending from august 1 1897 to september 1 1899 had amounted to the goodly sum of the receipts for the last eight months foot ingup to the disbursements since the incorporation of the company being represented by the sum of thus leaving a nice balance in the treasury for future operations during the period above stated it was also shown in the report that the company had produced pounds of crude ore and pounds of concentrates the yield of which in the precious metals amounted to pounds of copper pounds of lead ounces silver and ounces in gold As to the mine and its underground workings the managers report disclosed the fact that the ore body from which the bulk of the extraction had been made had been followed fora for a distance of feet the height 11 of the ore chute at the present time being 50 feet while this splendid mass of mineral has been crosscut for 60 feet without disclosing both walls of this immense deposit the entire ore body being pay dirt much of which finds its way direct to the market netting 11 the company 10 a ton while the balance is a good milling product that will net at least per ton and up to the milling milling 17 ore averaging 35 per pent cent copper and going up to 10 percent and it is further shown that the mine is now so systematically opened that a force of 70 men can be put to work on ore alone this showing is remarkable and indicates all that could be desired as to the future success of the enterprise the companas comp anys mill is now treating from to tons of ore daily and is turning out a fine grade of concentrates this capacity is being increased to tons daily and soon the volume of the output of the property will be very materially increased |