Show GUGGENHEIM ISSUES ANNUAL STATEMENT U President of Exploration Company Company Com Cori- pany Says Dividends Are Assured New cw York Feb 20 DanIel O. Daniel helm heim president of the Guggenheim Exploration Exploration Ex Ex- Ex- Ex company to today ny Issued Issue a statement to stockholders that for the year ended eude December 31 1 there thereas was as an arm Increase of or 41 In assets which no now ion reach the tIme total of at The company has n a surplus of ot I. I which Is a decrease of ot It I owns of or Ely Cumberland El Copper stock of or Nevada Ne Consolidated S 1261 83 of or Esperanza U. U 3 83 of or Utah Copper of ot Yukon Gold G d and miscellaneous making a total of or All Al these hose stocks are fre carrl carried nt it cost but butt ut It t is not stated whether the time present price Is above e abo or below elo cost cost We c believe beleve sal said President ent Gu cm- cm helm that lint the stockholders have havo havo eVer every reason cason to feel teel gratified with this statement statement state state- ment neat considering that none none- non of ot tho the with wih the time exception of Es- Es has imas been on 01 a dividend ent paying masis Our engineers believe belove the de development development de- de and an equipment of ot the tho Utah Copper opper company Ne a Nevada a Consol Consolidated tle hc tic Cum Ely Cumberland Ely erland-Ely and ant tho the Yukon Sold Gold company compan have progressed so farS far tar faris taras lends is as S to assure asuro tile the earnings of oC |