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Show GOOD COilTiJ PJfcident Holbrook Submits Reports of Manager and )WS DEVELOPMENT Less Mas Been Made in fceniiL New Ore Bodies fad in Improvements. Kstnt Holbrook of the Victoria Ejat.i Minii ' Mir t'.Wto the stockholder the follow-torts follow-torts of the mamcr the Sr for th vear en. line Decern JKl911. and for the first quarter current year: MANAGER'S REPORT, fetor :a Consolidated Mining com-BaV com-BaV tfiD"ali7--"'' 1 70-1,000 shares of of lo cents per chare. .".00.000 "Ijjare issued and ?00:000 .ire in the feBLwIonnunt of the Victoria w;is iF carried on through the dmnd Sr Brine hul of ore be. K Isolated, necessitating tramming Efc jonc d i k t board Hk-4-... nn -f. onetilnc the ilrMrhaft on tn- nrtn f-i,J" " T11" Hn. Actual work Rgon In June, 1010. and wan oom-Rply oom-Rply within the last Pitt of It'll. Hh va." like opci Ins i mine, imin.cV.ct purposes. Th old shaft Hgui.1 out retlml rred for a dls-Ef dls-Ef 31 g feel, sunk from the 550 to i K foot level, and stations cut on , ja 100, If 00 and 1200 foot levels, left i t three impart mont shaft i Stow in first class worklnic condl-Hbevtls condl-Hbevtls have been extended for U K100J feet, with upraises of 160 ft wir.sea of 7" feet throughout B the management reports good Hogs recently erected insist of house, blacksmith shop and other finis The r'-'-'-! mlnery In- :PVtt & compressor and a holBtlng pith a cspncltv of ls-io feel sptember, if'io. th. --f dlroc- fljErchaJied th- uflake r. .perty. f H&cy then, and -In now. consider (1 purclif.;' ri.-e paid was Ko the development which was ijPBto on the north "Ide. neces- t th isolation of . re bodies from Send Centra; workings; the addl-..rfjBmt addl-..rfjBmt of machinery timbering fu: the general expense Involved In Bally opening ii the mine anew; Wf as for the Indebtedness Involved tM purchase r. f I'll- .--j 'ov. -llnK-o prop- n) to all thr-M tlh.'--. It tie rami; .nijHuy for the . irivo Its VHr t0.0W.OO, whk ) cover ..f thu Bn Incurred by all of tho -h.-.-.-o This amount Is the outstanding Hjdn(8 of the eompn IMS be observed from the report, of fit qtiartrr of thr. present vear fte i? now treasury $16.- B"Whlch wonlc ti..- actual ln- Jr rhls statement till! rnliu t" I-- ;.r-'ii,- hir ai taB prnft at in-'5.--ii! u.ii- r.ij.- prnm-IIPBWni prnm-IIPBWni even br-' .-! In the Immediate IMa The shipping rapacity Is gettlnc dally with Mir- v ti:n tb.e good PprABd the r.f.ci ir.p: -;p of promls- Ates of cm I I J. C. SULLIVAN Manager. ! Ore Report, 1911. iBf ore mine-: 25? ; laSSsE11! H'J,4(tu (.0 IgBJI Charfes ... 19.3 47.97 SBSbSRSttib to company 42.646 .47 RIB. J I".. 40o. 60 fMteancial Statement, 1911. K5yah ' SfVoOO 00 IcilJUtnentP $102,810.02 Wfft January 1, 1911 J 20.591.66 Btcq notes and overdraft 1 ;V44.42 Li p'ensft " 78.888.28 1,877.47 5.657 l EE 4.386.23 I arayage 2.S04.10 2.944.62 I ? 38.188. 9S alance Dec. 31..... 732.78 $102,sio 02 :penses Include the salaiiee ol M secret Hry. office supplies. t of marketing the, ore. Ore Report. month? ending March Si, a mined 2.147.91' cnar 113.038.80 8 company . . 26,869 0 Lnaneiai Statement. l' months ending March ft ury I, 1912 $ 7II.T8 1 26,869.10 E ttoi.M 1. on. iivht.' VtV. lv. il id drayage 888. 8S vVi 600 . 00 MlftOce, March 81,., 16. I It i E K- ''l'':'X.' Tt-;.".Mirer.SS |