Show SIXTh ANNUAL REPORT Of ElF NEVADA MILLS HillS IS' IS ISSUED S The sixth annual report of or the Nevada I Hills lIls Mining company has just been compiled and is being forwarded to the stockholders The report covers the year ear ending December 21 1 1915 1916 and add shows a a. production during the year ear of tons Ions of ore In addition to which the com company's pan mill treated 1418 tons of tailings The total gross value o of this product was of ot per ton The net profit realized from the years year's operations operation was or cents I per ton Convertible assets asset at the close of the year ear amounted to approximately close President George report Is Isa a as follows I IsA managers manager's A summary u of or the general report brings the conclusion that while I this property may operate at a small profit for several months to come Its life is very limited and It may be necessary necessary necessary 1 sary at any time to shut down the plant If It the price of silver should deems seri sen seriously if some mishap should occur serl-I serl to the plant that tha t the possible earnings I would not make it worth while to re repair repair re- re re-I re pair or because of some other unforeseen unforeseen I seen occurrence of this kind When the I company stops operating on its own account account ac ac- ac- ac count it is very likely that a number of leases a will be let I If persons n can be lie gI op found U who are willing g to take a chance n on trying to to find additional ore As As' Aslon lon long as it will not be bo a great while before the tl e company compan is ready read to be liquidated it Is thought by the management management management manage manage- ment useless ueless to attempt to pay a small dividend out of or the cash balance but instead to collect Interest on the amounts loaned out to help defray expenses ex cx and after all alt the assets asset are turned into ready cash make one final distribution to the stockholders The status Of ot the board of directors the amount of capital stock issued d the personnel of the officers etc remains the same as Indicated In the tha report of last year |