| Show I CRIS REPORT HAS Hs BEEN ISSUED I It Net Earnings of Company Last 1 Year Exceeded Seventy Z Eight Thousand Dollars i WHAT THE SMELTERS GOT Ii ft lI d l WIC Sime Sum for t W 1 Ii eIgI I I 1 II ri Iii linns nt Il L Mine MineA r I I A V corl tin the operation Of o i th the i ug company in il j i i tho tio im imi In Ini i tIo tc district thc th year el llari hal W been l Jilt JulIo to tho if that The Tho Thenet 1 u rn lt j ret net fol ol 1 during lulng iho period amount tho the proceeds proceed r cd ed cc to representing t from tons toita of or o 01 Shipped I to 10 tho uw ie I The rite companies Mero s eio j paid MI Ul for fOI treatment churs tho tIit railroad received 11 tot Lol freights nod and was WUI paid lull out f for 01 labor lalor On Deo Iee 10 1900 1006 I OG flays the Iho report leport time tho present took look chargo r ot or tho the affairs of u the company Owing to tho th financial condition of oC o tho Iho com company I pany pa imy nt nl thin time dividends were vero Ws continued d It II t being hell deemed a also to IiI expend greater along ulong llio thim lines of oC and development work Ore Oro extraction Wil con comi COl bluntly shut I 13 until tnt LI I about No Nov 1 1807 tJ 07 When r tIme thu low ov price of o and tho the on nit the purt 1111 arL of the smelting com coin panics to 10 accept ores orom 1 Induced tho the man al to work on 01 the tho account until such time iia I im the thu price ot of metals me In II would g warrant game Baltic dimce ore O ox traction hUH lias lieen entIrely in 11 Tie Uio no handi I 1 of who work the tho narrow scams I f or r OLe on Ott 01 a tL royalty ls which ik 1 ranges hoot from om 20 o tier per cent cont celi to 10 KO GO per cent cOli cOlie e the tho company thereby netting 0 able ablo revenue During time the latter hitter purl part of the Iho your y hr considerable ore JEC wan 11 laken out Olt from flOI tho tiro i i love level I of or tim tho S LIy ground Limo tho present grudo running be between le lei i tween IS im per 1111 iR cent cont und aini 20 O per 01 cent eOll cop copper CO per 1111 by the thu carload lot A was mink Hunk luik CO O 0 feet Cle below licIn Ild level and Ihl III mIm In ore oro Is 15 still In II pi ogress Tho The pos II S Si i hll o oC opening thin 1 on the tho 2 t level hUlI be lie A largo large it ot of ore oe Is Jim also aIo Ilso avail available nII t able Ihlo on 01 tie the level 1011 mind and will wil bo be i a n t 1 source of or I with Improved smelter 1 i conditions It I being a 1 desirable On the S level feet feel of oC 7 i drifting and II hI and GI feet Cool of ot otH H i was vms Wil untie done A Is II Zt 0 feet leOt r Hl below the HY py ZOO leVet f at u ci point near neul the tho south end line hue ot of o the tho alm DIlu the year ell lO 1 feet teel Id ot of o und and Ind drifting was WIS rim y from frol the tho 20 station with tho purpose t i of cutting the ohi nl stapes and 1111 ore oro ort if C on Jim 01 and amil ld above the tho level level r Conditions Co I I on 01 thu Iho t level leve and 1111 lie tho fact that no work vork liaR has been Iwon done on eu Oi teo below the Iho 00 level In thin vl vi 1 ti ly I until mW on til the past year emmr I fully ul war var 11 t ranis 11 I t this his work voik During the Iho year YlI high hf ugh h hJ J 11 reilo urn ire I mt mined in limed Just belos elo this his i near It a ear ol the thu and also allo mu Io from m juu tz body 1013 hO extending through tho time q level M 0 feet lt to 10 time tho north ot of time the t leaving no doubt douht of ot ihie possibIlIty CO fuw it with further development do nt at lt depth doplh Tho The work vork on time tho level lovel or of tho the has bus IlS not lint been to 10 a out cut ii under IOl tho limo old oll ore 11 shoots or em the j tl to lo tho the north no 11 h hJ J Tho closes with wih a o I recommendation r dation rl hue tho oll to lo ron Ion cF development lichen below time the 1000 level where II ro tho the now developments at nl rt In other othar properties have 1110 showed high K g ratio ore oie |
