Show MAY DAY EXPECTS TO BEGIN PROFIT EARLY ERLY NEXT YEAR YAR Some pome Idea Idea of what hat May Ia a Day Is j making making ma ma- king 11 from om its Is zinc product can be learned lerne from a statement to the effect that on October 1 the company compan had an overdraft of of and on November o erber 1 1 the campany company com cam p pany p had discharged this debt and had a a a surplus of or on oil hand hand- After paying all operating expense expense the company compan made better beter than OO a day This is I more than will Mill be made this month for the ther wi r reason aon that the company compan- had an accumulation mu aton o of zinc ore on an its Is stock tock pile pie which was shipped out with wih the regular p production from torn the mine This surplus h having been bee worked off or tho the management wilt will dep depend nd upon the output from underground underground under under- ground Wl workings in the future future gound The Tho management eStimates 8 th the earnings earnings earn earn- ings In the future will wi be he at the rate of ot a month or ot about 1 1 cents a share On this basis tho the company should c earn rn about 4 cents a share sharo quarterly and for tor this reason the big Interests Interest In tn Inthe Inthe the company compan aro are of ot the opinion that dividends div will wi be inaugurated Inaugurated short shortly after the tho first of the tho ye year 1 It Is unde understood tood that the stock will wi go on a n quarterly divIdend dividend dividend div div- basis and that tho the disbursements will wi be as large an amount as the tho com corn company company pany patty can reasonably spare par from tho the earn eam- ear ear- earIn In ings s. s Tho The zinc oro ore deposits In this property have been found underlying the lead led ores They are not nor as a continuous as the lead leadore ore and are arc In pockets Zinc In com cam commercial mercial mercal quantities ha has been found In theold tho the old working from a depth of ot to 60 BOO feet from the surface surface AH All Al tho the ore oie is from an area area ext extending from the Yankee Consolidated across the property to the God side lines Jnes No recent estimates estimates ett- ett esti esti- mates nates of tho the tonnage have been made but one of the officials says sais there thre is I enough ore In sight to Insure net returns re re- re returns returns turns to the amount of or the present market market mar mar- mar mar- ket price of the tho stock At 1 IS cents a ashare ashare share this would call cal for net profits of ot and it is understood that somo romo om estimate tho the profits in sight at cose close to |