| Show WI b f fT T t Mt IL Net for or Ac According cording to Annual Report J SURPLUS OF SIX MILLIONS And Over Appropriation lailo c Construction l On Stock lo k That the and Ite finIng company C Is lInol not on tilt dif difficulty In keeping pili U III JIll nee In I good order In l nult quite evident by Investigation tion Uon of ot the annual report of ot President Nuh to 10 the of or that thal cor corporation During the he fiscal year ar end Md ending ing In April 30 3 the lh net of lr company coman 1110 1 an Increase of ot 1 The th ex e committee committe from he for lor th Ihl following purr te covering expenditures for new n construction l and ami for extraordinary Improvements ami carried to lo the credit of or the met metal metal al stock account The rhe executive committee thought It wine willo In view of 01 the large Increase In surplus account to further decrease Ile th bok bt value nf or In processes of or treatment thus thul rIving giving an additional to In absorb fluctuation In market quotations During the year eAr dividends at III tho Iho rate of 01 Hi per cent quarterly Wife were started on the common stock Sneaking of ot tho years re l Inn Nuh says A further In the stock of 01 the tha United States Zinc haa haR been made during the past year The fhe production of 0 zinc Inu oren orell in II the state of ot Colorado luis hll Increased very 1 largely during the last Jaal few fow yearn Th M ores to ft a considerable extent have been to 10 Germany to tw The Tho works warieR of 01 tho zinc com puny pany at nt Pueblo Colorado which nine erected for lor tho purpose of ot smelt Ing such OM ut III a point convenient o 0 that of 01 production have hao only hen been completed during dUrin the pa hut are already being operated nt a 1 II prom profit The rhe Income account compare m RI fol tol lows los Ap Apr 1901 OJ K Ordinary repairs ant and ta H and general n es deduction H Net Nt 7 m T lote fund y Aft ill and nf metal mOl III stock elo k 0 count l net nt In III eom SOO Dividend pfd stock W Dividend I Ivl nd com stock 00 Total II Surplus for tor year ar J J W Surplus pre et Total surplus |
