Show T M MORE f T THAN fOU FOUR MILlO The Sales of the 7 Z C C M 1 I J Ex Exceeded Exceeded This Vast Sum Stint Dur During DurIng During ing Last Year BEST PERIOD IN ITS IS HISTORY That Too In Face Pace of Many Man Adverse Mer Conditions Outlook for Next Elected Tho Time annual meeting of ot time the stockholders of ot Z C M 1 I convened nt It the time Institutions nt at 1 today loda Time The attendance was WM fair up upwards upwards wards of shares sharen of or stock were represented The Time meeting was called to order by tIme ho president and lila his hil I report was Wil read From Frol It time the following Hems heals are ro gath gatli gathered I ered erod Time Tho ho Institutions sales tiona lon and amid profits profs were welo oil nil that could reasonably be bo expected Homo Sonic quIto quite heavy losses lo es were experienced by sheep men Inn In II tIme the winter ot of 1623 and this to together gether gethmer geher with wih tho limo failure In tho time eastern i corn crop Op which curtailed tho the usual demand for tor cattle for feeding worked considerable hardships In some comae of Dm time state preventing many who heretofore had hod been prompt In settling Bottling their accounts with wih local stores tram from doing so 1 during the tha past season Time The coal conI miners strike In Winter Quarters Quartes ant was waa n a I decided decidedly ly h I disturbing feature In tim II time tho latter hattem part of ot time the your year eur These mind other oth Undo conditions made time tho year nr Just jl t past host ono omm of considerable biD perplexity In tim business lu However 1 I time tho wiles stoles have been some larger than a 1 yew ear ago articles have been parted with wih nt cit lt BO so Se I a 1 percentage above bo cost that scarcely was wan 0 the tho return enough to pay imay III fixed tec charges The general re reo suit cult of tt operatIons nevertheless Ims hUl I been Our Gum wiles sales for tor tIme the year have hac been heen this Is II about 1000 mor a n year ago n To ro railroad Mil and express companies wo we 1 pail paid pall time the sum SUI of or ond for fOl repairs during the time year the time sum o of A sum equal to 10 per pel cent on th time tho capital stock was van a ordered credited t to the tho dividend fund account to for tor the tho of two 4 per cent nm suit nn an extra 2 per pr pr cent dividend durin the current year rime Tho remainder rem of If mf th time the shown being beng used to 10 provide fo for tor changing tin the fOlt of ot our drug 1111 depart purchasing nn 11 n additional clova eloa tor tar pump slut ami alli elect Ic motors amid n i so duplex 75 7 5 K J 3 W V 1 generator II r tor Homo nl al 11 alterations amid Ind changes SI In the time shoe nm anti clothing to cost about 2500 20 etc In conclusion time the Ih president latch lut 11 time the stockholders time the general su en BI mind and nd his lila assistants M upon the time success 1 that t had bad time the opera thons toM during durin the year 1903 1003 He lIe Il also stat rl t ed ott that time th outlook for Cor time the current years year business Is fairly promising and hu hoe hI IW sass u uno no mit reason leaSol with wih the same euro cure lion lon and attention nl hm to 1 that was UI given JIen to time the business last lati year r why wh the time efforts not lol lw be 1 rewarded by ii b similar In lii II IDOl 1901 At tt t Hi th conclusion of ot rending readIng of or tho time thor report r port was wan WR received Ind approved of ot by ii h the stockholders time the election of or for Cor time the ensuIng year cr wan ovas WR proceeded with ond the tho old board swims WIH reelected as follows President K I h Stimuli Smith siro pros George secretor secretary T P O Webber treasurer tro urr A W V orison Carlson Directors J T 1 leant J n It Winder H 11 P T Farnsworth l J H U 1 Parties BareR John Henry Smith F 1 M I Ly 14 Lyman I man Ambon H Ii I Lund Iund William H n Mc Me McI Intyre I Reed Smoot T I 0 I Webber |