Show tIN Conjecture n in II to CU u Jut Just lant It ItI I Includes Included The be financial report of ot the tho Tonopah company for the quarter ended November 30 1907 1007 gives some Indication indica Indica- Indication tion of at the a way the affairs of ot th the tho t company company com corn pany have been running The total Income Income income In- In come received from ores amounted to of ot which came from ore or shipped to tho the smelter an and from bullion bulHon recovered ere from the mill Tho rho t for tor tho quarter footed tooted up leaving net earnings earn earn- lags ings Other Income IB is put at The Tonopah and railroad yielded nothing during the quarter In InS S the tho shape of or profits Dividends declared arc are put at 20 which represent the last disbursement disburse disburse- urse- urse ment made In August The cutting of ot tho the recent dividend will of oC course appear appear appear ap ap- ap- ap pear in tn the quarterly statement end nd ing lug in February 1908 The ho surplus added to th the previous surplus Is put at 1000 or a Q total of There is much conjecture over what the company includes In Its surplus The popular idea heretofore was as that this surplus meant cash but In the recent troubles experienced b by tho the company whereby It was ol obliged lI to toU paa U the l dividend end It developed develop d that of ot l dl dividend mone money was used to pa pay off tome some obligations Incurred in constructing a n mill This showed the thc theto to b h. h an asset other than cash |