Show ANNUAl MEETING Of MASON VALLEY HUH VALlE CO STOCKHOlDERS Stockholders Stockholder of orthe the Mason Muon Val Valley y company are ArO being mailed notices of ot the tho annual meeting to be held eld In Au Augusta usta Me Ze April Apri 27 1914 11 Among the th matter mater atter that will wi he be considered i Is the tho ratifying of ot all al acts of the tho present board boar of ot director tore tor tor since the last annual meeting To receive rc hc and act upon the th reports s set Mt t forth I In the fourth annual report for tor the year ear ending D December cember 31 1913 2913 and to act upon i iother other reports that may oe ne presented TO fix fx the number of ot directors and elect a aboard aboard board bord of ot directors director and a lerk erk of the te company company and and to tranE transact ct any ot other business bustness busi bust ness nes that may my come como before the meeting The transfer books are to close April Apri 13 1914 and tho those who can eRn not not be present are to send Fend proxy to H. H F. F J. J Knobloch Knobloch Knob Knob- loch Joch secretary of the company Mason on Valley net profit for Cor year ar to De December De- De comber cember 21 31 totaled which added to surplus brought brough that account to Ut jh In year ended December 31 a 1 Mason I ln Valley Val Val- Val Ie Icy ley charged to profit sn and loss account 1131 for fot depreciation Inter Interest M Mon on bonds and floating sl 20 on properties ant taken n under option opton and relinquished during the year tar and for development work on t the company's ml mine as Tt Tho company smelted tons ton of or orare ore are during the year ear from the company's pro property erty and tons custom cus cus- tom torn ores From the total tons of copper matte were produced containing U pounds copper ounces ounce gold goi goll and ounces silver Development De work accomplished d during during- the year ear follows Drifting 1266 1256 feet crosscutting U 1195 1105 feet raises 21 2124 feet reet total foot feet feet Copper mate matte matto has approximate copper contents of ot 40 per cent A copper coni converting con con- i veiling plant was Jer added to the smelter during the year nat Profit and loss 1021 account of ot Mason Maon Valley Val Val- le icy ley Mines Ine company for year ended Do- Do comber 31 shows Sales Fales copper go ld d and silver 20 Cost Cont of ot metals sold old Operating profit Add rents revenue re Total Total 3 Selling commission Insurance In in- etc etc Fc Federal taxes 2111 Exploration outside property property prop prop- erty since relinquished ery Gr Gregory ranch loss 2835 Net Ne gr profit for year Interest on bonds and floating debt Balance to profit and loss JOS Costs COsta of or Mason Maon Valley for tor past year yer were as follows Purchase of ore Development DC 2069 Sloping I. I I Freight mine to smelter 1 Smelting Refining and and freight on matte Depreciation of or plant Decrease D creao in copper matte matto mato and flue fue dust on hand hant TolI Total |