Show V t AT OLD CO COMSTOCK 1 I L. L Statement That Appeals to t Many Ini In- In 11 i in lit TimEs This Li Locality l' l V Local Interests in th on omi th time Iho old lid Comstock Lode Lodo and anti those In Inthe time the Comstock Tunnel company arc alc finding much lo tu stimulate them In Imi a circular which has hRS Just reached reachel them anti and which was wa compiled b by Fran kiln in d. d president of oC the lie latter later In his add address i ess to the time shareholders Pros Pros- 1 dent Leonard says S 'S Time The active trading In the time shares share of 01 time the Comstock Tunnel company amounting to about shares upon the time New cw 1 York ork stock exchange e. e an and about cw shares thares upon the time Consolidated stock lock exchange the l' l past t week has resulted ulc In aU a u U vast I number of or Inquiries loom Horn our shareholders thale- thale share share- holders throughout the thc countr country o It I. I therefore there there- fore Ion becomes necessary at mot ll tills this lm to lo submit the lime statement to lo you ou ami will wi undoubtedly f faim th I iy answer uarl nearly hearty aU all I of or the time In Inquiries ulric made malc t By ly referring to our Circular letter leter to the time shareholders holl dated a ted Sept Semi Sept 1 J JO IWo io nt at the time time of time the annual meet g. you ou will wi notice that we reported provision pro for the time expenditure of or raO O h by ly min In ing companies proportionately In permanent permit perma nent repairs and amid Improvements to your properly Time The water tight drain wJ u a capacity of or 8 gallons of or water per minute min mm- ute ule ha has now been completed for lor nearly V. V one mile anile the time tunnels and amid time the d have la e been purchased ID ac an arc V upon the ground for lor or nearl nearly nil all 11 of time the balance of or the lie seine same which u arc being In Installed In iii V stalled taU at as a fat faLL fatt I a ns az men and anc money moncy can canilo 10 ilo t. t 11 It hoh ii bo he I tha the Ibe the Corn Com stock lode 1 Is a trl true fissure vein al any ammy I g engineer will wi agree that i It R uT n below the the greatest depth at 1 11 r profitable mining m ma maj- maj be bc pu pursUed lcd V pid old 01 mIncE of oC Mexico worked f lh caude lul methods r reached their lowest el nl yore worn closed as rf worked orl cd out hut but no now by br the time alJo adoption lon o of mo modern er the they t are arc wonderful dl l' l nay nays Yf s 's h c The Comstock Io lo la c. c with wih Its ita l than an any spot oi at ot time the Rm same j Ji l country countr ln mind and hl in lii II time the the ri hRH not yet yc been mires pron- 1101 V peeled to lo army any extent below helow time the tie Sutro r V level 1 V 0 We c lh believe c that UIt jie hc hc lloc inco to look hook for forI I ui I Is un l l e slOt where they V lan have hare been taken out outI I he past The TIme ol old l Com h pumping ni a ld Jast steam r hi lii use and hl high h ch charges 5 for freight t and ami reduction of oC ores pt preVented Ju success successful ce tel ful OperatIons 10 lower loster cr thab thal- thal W f feo feet on the toc COnItO an and the s wem shut hul V down o n. Torn Today with wih electric iK l f V un and avala available a at ott one third of- of ot Q cost ot or T. with wih seven Ic en of tITe tie shafts V already dread equipped with electric hoists with C aton b bv by means of lec- lec t hul blowers n anti and r fan fan- fans nod h modem mOller plants on 01 the ground it I It Is Ig t to mine mimic at least to time the 31 foot level leve at a less les cost per pcr ton than thal l ie I V VI VV V I In the tho few d feet feel now a production Into Inlo time the millions has lias been shown t In she mime eCI 1 past Dast tast two t years eart We believe wo WI arc are Justified In iii oUt our V opinion that lint the lie Income of oC time the V V Tunnel company wilt will i again reach an and amid J Ia aca mas s Hint wh which ch it I enjoyed when I t t pai paid i iV Us Hi Interest acme fifteen years lar arz ago V Of lir those wih the lie proper proper- tl Ibis f f th time the Comstock In iii II palmy days das V a few now reside In thia elt city und lummi V I thal time the outlook k is rs so Iridescent cell will wi t exceedingly b to to ti them V |