Show r 1 MINE b DI y p. p w. w G S MAY DAY MY COMPANY I ANNUAL MEETING Reports ts Presented Show That It rear Yeal Has Been Prosperous One NEW DIRE DIRECTORS S CHOSEN ft Dividends Dividend to Amount of 64 t S Were Paid and Outlook Ou Hook y r r. r i J Is Js Bright rh The annual meeting of o the ray Iny Day i. i company held 4 and Yesterday Yesterday- C the new board or of tore ton chosen S. S comprIses John Dern m W W. v. v t James Chipman Chipma M M. p. p V Braffet 1111 and 1 x N. N S. S c. c v ot or v Mount Pleasant former Directors n. n 1 F. F Caland Cal Cal- icy and D. D L. L ul p retiring Th There e c. Wore Were represented e at the meeting s out or of a total of or t lh The IT- IT 1 rC reports presented Panted show If th the thc C ear I ba that S 5 lm iI Cl ft n Prosperous Prosperous- or on Villi on c better Possibilities I r coming jear year or During the yelp year ar for endS the Haren si n j HI six IX dividends s w ero p d making a It total of S 'S C Tho The total number of oZ cars caes cas shipped was t bringing bringing- and md 15 ot of con con- bringIng brining Total lec re- re 4 c were 1 t there re are l I on hand hunel In his report to the tho stockholders of ot 5 conditions at the tho mine C C. C C. 1 0 tl the tho superintendent Deferred to the jo Il condItions opting a a. year ago aJo when frS the mine wa was being operated un under cr 1 disadvantages largely to the t. t i contract with tho iho smelter under which f It Jt was vas only po possible to ship high grade t. t v aros res This retarded development and t. t S prevented re the opening of ot the large arge t v bodies los Q of lo low grade ore The uso use of 4 the tho mill had hall been gotten without dc- dc I I S s Jay ht and connections were made to toS greatly the cost of ot mining b by consolidation with the Undo Sam it t At Al that time j there appeared to bo o two channels wf of ore In the thc Uncle Samone Sam i hv v ono one opened u ui Ul several eral years ago ngo and the Vie ore followed follos e ed to the foot toot level leveland W and ana the other considerably to tho the east cast Subsequent t work In the May Ma Day demonstrated dem dem- cm- cm that there were really two I channels but ut chat they came together In h the May Diy next to the Yankee k j. j side sille line On tho Yankee line thoro there S. S has been almost alm continuous ore for tor 5 over feet up and down which as ns asU U It comes north splits Into individual ual channels and chutes Tho The second ore channel opened up north nn and next the I Godiva line lIno an and there Is Js reason to I believe c will third I shortly shortt open up tip a split further east cast and deeper which I will come clear pa May 11 Da Day terri terri- ternI I to L i J 2 1 I- I etA J c oj e i l r. r to connect the t J Sam with Sam i V g i tho foot foot lo level el of ot tho the Nay May Dl Day l. l alj almo almo al- al far tal done has ban been beenS j mo most t t. alt all the work RO so S between the and IO levels a D. little i S above the and from there thoro down downto to lo the All AU the ore oro so far taken laken had to bo bl haul hauled t to the tunnel There Is la now ow ahead about OO feet of oro ore above the level of which not 55 1 5 S a ft pound has been taken which can be bei i S run by mule trains New cw faces of or ore are been developed un unS until un un- lit 1 new places have T S t fit til work worle Is IB now being done one on sevenS seven r. r S i distinct an and separate faces all making shipping ore One Ono next the tho Yankee Yan- Yan I kee Icee ee Is entirely new Stringers have hav- been followed up which were wore hitherto S. S considered of too loo low grade trado which led lcd into fine slopes of ot ore In one below belowS S tho the 00 OO level there has been opened open ell a n aSS SS fine line faco Caco of ore one car of or which V over o ounces of ot silver sliver pel per 3 r assayed showing ahead nhen ton a 1 line fine SS S r. Mr further states that u erto little effort has been mado made to obtain ob ob- S tam tain milling ore are but but large reserves cs S have bave been blocked out for future futuro use t i S S The mine h says 9 Is now In s hape minimum of ot r to make malc production with a n S S U. U expense The Tho showing made mallo an and the prospects 5 to the stock stock- S were highly satisfactory i- i holders The mine will resume production pro pro- fe tf duct on in a a. fortnight |