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cox, Q,Lb., <br />mdition • i :iu mi <br />•ear the ~ aiditinn <br />ill ) <br />:nt cum <br />...... : ~.~ ,ra <br />"'.$ i ~ ' <br />:,.rr.~ <br />r~- ,. <br />ml lief, i,.. .,,,..~,.. <br />nq,s. <br />'r-curcr~.. <br />Tllc rri,airs mentioned on the L.ee shah house x~ere called for b}• a long period of hear and tear <br />u~ I,t. ;hc• s::ncnse damage done in the Ikcember storm preciouslc mentioned. It is not necessan• to <br />v~ ;i..l; ;lit... ~ •grendnures bare been made frith a t•ietc ni permanent improcentent and, tchat is more to <br />N. mint. p'. -::;Intent reduction in the e~pettsc of operating Iltl' 711tH 1'. T11C (,Cilrfai ~1ana~Cf a1Ll nri'adI <br />~,.t, cice:; :i.cse carious expenditures most careful consideration, and already the}- hate shrncn a <br />rrWteri.l r t''=' '"min top expenses to the Company, besides greatly facilitating the handlin,~ ui nee Le the <br />r... - <br />\_ .:;,:,,] at the head of this rclwrt. ,m January t st lee had ~ t sets of lessees tcurking, besides the <br />«,~.F„n ~.; ;.cn}~ account. I hate not considered it adt•isable to set out the ore conditions on the cari- <br />~,~, i,.ase. ! r::rcm of the fact that from day to day, otcing to the slatted nature of the ore dclasiU, the <br />;~ao.ifi:r:• ;~ -~•~' materiallc, and tchat might he rote on ianuar~- tst tcould nut hr true at the date of roar <br />~, ~ n. 1, therefore. consider it sutiicient to sac in a eneral tcay that com pions un the <br />,;.,,;,. ;~-,•.- ,.s tcell as on Company accoum. are of a must encouragigg character, more especially <br />}.,~i,.~ ] ~;1;: a the promising development on Cumpan}• tcork on the ninth lcccl of the I{mpire and the <br />;:-, „,:: >~ ,riah un the I~lnndike Leasing Cuntl,;up•s te•rritorc. <br />\I ' .~'~_ahrrs and Simttxns, tclw are L•trge rmph~trrn ~~i l:dw,r un the prulxrtc, are loin}; es- <br />r:ii:•;e ll~.~ri:.:r~~l by the impruced conditions vudrr tchich thr}• are m,tt tcurking, there i. eccry promise <br />;C;c '.i:ir i<:;.,~~ ~,+ill hr prnductice of good results to the Cump:utc amt that the mill trill ;,ice us' better <br />re:;cn>. <br />i:: c:<,-~::USi~~n. 1 desire to state that I hate rercice~l. not onl~• inrtn the officers ui the Cnmp:uly <br />;~,:; ~•-~;;. ,f.•. c»ee•s, but also from the employer. ~~i the Company, more especially the cn;;incrrs, ntnst <br />;;~i.'i:~;;; r ~ ~ -:~u~rtt, and to thrnt considerable credit Hurst br;;itrn i~~r rile ~reatlc intprntrd plrcsical cun- <br />~ici ~:~: ,,::ir: ; ••q~rrtc at this date. Considrrin~ the small ,umnmt Ut 11IItl' 111;II R'C 1GN'C haul in tchich to <br />•taia tfic.e ~ , •~ n~entrnt s, the stockholders of tllc Gnnpanc h:n~e erect nas,m to be nt~~rr than satidicd. <br />heslx-ctiullc ~ubmitud. <br />CL.V:F r;. \ll"fC1U{LL. 1{. V. <br />Sllp~ rinlrndrnl. <br />;~pcnded hereto is a list ui the lea~c~ in opcrati~~u at ihi~ ~l:ne, tu;;cther tcitil a rr.mrn,~ ni <br />U~.lring this muttth the shipmrnt~ fnmt the mine t. ill Ll• in the nri;;hb~,rh~Nnl ~~i (.5 cars. <br />_.. , <br />