Show GOOD EXHIBIT tito ali chicago silver colo coin lany estr a rise lift arte port of 1 tho he Pir reform dec from juno 1874 to juno 1815 1875 there were loss of chicago oro end and tons talks or of ore ora smelted smelter bt at tho the works or tho the company anil and the P profits realized ironi from tho the years work to lo loa ad I 1 d 53 against 13 ad for or the on fifteen an DolLy with the V biow low of increasing the llie value of tho the property pro porty mr god godbe bo came over to 0 o kallanj in april latt ail to lo urge upon tho the directors tho the imbor tancia of the and queen of tte the billj mines from bibic 11 ho he had bal bought in a little over tho the previous four oar about 1500 tona tain of oro all at a cost of 00 on lii lie retain to uti utah mr goblo succeeded after protracted no botia lions in ia asklov for purchasing the entire property the ad of this thia purchase was wag soon BOOB manifested cd tho the net profit which latiok the year fc ending kaoo last iida hid amounted to a reported or about J per month man the iti creased in july to and were in august aagodt in ilk september ber sa and in october these profits boboth er cr iiii those oo cc hind at the amo ot of ilia iho bos and ilia sum cum sent by tuo the enable 1 sit mr godbe to lo pay off tho the cost or of the ho mine OD cia tho the irth or of october and at the coil cod of the mouth bo be mado his first remittance ol at from corn tin ilia exceed ol of profile in lando hand accompanied I 1 danied by the he assur assurance anco ilia hit t the future monthly remittances from pronta were not to fall below jf 2500 A telegram was waa received on tho the ath instant g another remittance ofa 0 ca 1 very favorable far orail from froia the mine coutin coutinho con linao to bo be received the developments are ara stated to bo be very satisfactory ind tn ing the largo quantity ot of oro tons tona in in august tons in september nod and SG tons tod in october november re turoa brda not lot ot to lo hinl extra cod B glues wo we took possession 0 at the iho property mr gobbo reports there aro are alfill thousands thon sand ol of tons loss in sight eight the vein well defined about three feet abbel on either cither s side do an aal I 1 the ore 0 of gool goob qu alkY tho the following idea nan extract irom from the ilia nta at the office of tho the complot in in ln on within bithia the last taw few days we wa have received a report from captain bolwyn 11 N who appears to have practical ol of raining mining and who haa bit were averal years in utah his op opinion luion as embodied inthis ro port is ia most favorable as regards tho the mine already tons tona havo have been extracted no ile that goes fidei on oa to say eay that wo we may reasonably to take out tons moro more fro thoai M aroun ground I 1 alre already ady proved from the wor alone mr a civil engineer elated that ho be bid bad recently visited the mino mine and was very huoh struck with tho the energy and aad ability by mr godbe in the management ile he a night at the I 1 he smelting smelling Sm elting works and another at the iho mine nod and could ia lis hn opinion opio ioa the be works seemed to 0 o bo be and carried out lio ile saw tho the vendors or of thio th 0 mine alo apo aco seemed to bo be el at night forward mon what had loon itt ed about the mino mine lo 10 considered t ti be below the milk lie ho thought lie he property i a good one mr said that mr gobbo led hail done dodo his bis best to roeum them for the disappointment ori binally y fe felt it lie under understood stool that the queen ol of the iho hills ills an abil flavilla mino mine might lave late been held by him personally but ho he the of the shareholders to a lii own mr then proposed tho the following resolution ti to n which wels seconded by mr tobb and carried unanimously Resol resolve vl that tho the thanks of the iho company com pOT are arc duo dae 0 a tho manager rai Dager mr W y S godbe godac for the sprig bt nom and energy ho he has baa shown in in tho the purchase of queen of the hill bud and rvarilla ri rj arilla mine to lor r the be company at so sa low a prim and fot for lid hil general conduct ol of tho the of the company wo understand from mr gobbo that he ha pays out tor for fuel labor freight etc eta about a mouth tho the smelter is how hair running two tiro slacks and will trill continue ru lanino during tho entire year chicago shares creag ore C with a 4 strong upward tendency |