Show V FINANCIAL CONDITION V OF AJAX IS STATED Manager Thomas Weir of ot the AJax who returned yesterday from the E East t said this morning that no secret had been made of ot the condition of the the- AJax jax company's treasury Before last seasons season's improvements says he there r rv v was s' s a V mortgage loan of ot bearing 10 per cent Interest and a floating Indebtedness of ot about V The company was successful In re tre mor mortgage g ge to 35 35 on an 8 S per cent basis and then it was found foun that an air coMpressor compressor and nd nd new boilers were ze re n needed ded To Install these the overdraft upon the authority of th the directors was was increased to about making tire me At Ai the December board meeting says Mr Sir the q question sti n of i. i an n assessment assessment assessment assess assess- ment w was s not considered The board will meet again In a few and 6 days and an as asI as- as I will not be necessary unless it is deci to let tie the overdraft t run runS r V V any longer V The mine said Mr Weir Is in better shape to produce copper now than thant It t has been and If copper were selling for what it did in October r w we could make makem m money e |