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II ~ Prom the orgauiration of the Company to the present time it hae been <br />~ the policy of the mnaaagement to conduct the affairs in au economigal and buei- <br />iF~~, <br />~ ~i voss-like way. It is proposed that this polioy be adhered to even mm•e i~ig- <br />~ ~• idly than heretofore. All plans for the future made during the past year hnve <br />i <br />~'j had that evd in view. The large shaft, the new maohium••y and bnildiugs hnve <br />al] been planned with view to an ewnomicnl wm•king of the property. <br />Iti <br />Ali Ill C011C1nm011~ I wish tin congratulate the Stockholders upon the reuuarl.- <br />able enhancement iu the value of their stock daring the gnat ye:u•, and the <br />very fuvmnhln outlnol: for the fatnre. I drink every- one will concede that the <br />S~~ I{ ducelopmeuts made upon the Auchurii4Lehmd properties during the last trvalve <br />months hate not been eyunled by that upon uuy other property in the Cripple <br />`~ <br />d ~ ~ Creek District. 'phe l:n•ge bodies of ore in eight, and the improved facilities <br />fur mining, wtun•aut the belief that the Company will soon be in slmpe to puy <br />regulm• monthly dividends. <br />Very rr~spectfu]lyr <br />Sj IR~IPTG IiOWBERT~ <br />.,. Pretf'idr~tt. <br />Gm,eanuu Smuxos, (:or.o., '1/n,ry ]slG, 78.90. <br />