Show TREASURY OFFERING TO ELY EL Y CON HOLDERS To raise money mone with which to con continue continue prosecution of its Is development work the Ely HI Consolidated Copper com cons company company pany will wil dispose of treasury stock of which it i has shares share Before placing the stock upon the general generl mar market market ket however stockholder of or record March 1 1911 are offered the privilege of purchasing at 75 cents a a share hare one ole share of the treasury stock for every ten shares owned In notifying stock stuck stockholders stockholders holders of the time privilege President ent S SM SM M Levy says I would woul recommend the purchase pUl hase of this treasury stock The market price at this time timo is over 12 per cent above 0 the th price at which it is offered to our stork stock stockholders stok holders It I Is the intention of the man management management to sink the thu Zack shaft shaf at least another 10 feet when the systematic blocking out of the ore body bod will begin It I is likewise proposed to push work ener enor energetically in the other workings especially the Brilliant where the ore bodies bies ex cx exposed posed will wi also be systematically blocked out when we can have hae some Mme idea Ide as to the intrinsic worth of these deposits and when the market value of the stock should reach a higher level |