Show REASONS FOR ADVANCE IN Y The shares of the com corn company company pany pony yesterday In a market otherwise weak for the mining stocks advanced on heavy trading to says MS last Thursdays Boston Boton News Bureau Bureau There Thero are three thre good reasons to account for the rise 1 IThe The removal from the market of the block of shares held In the treasury of the Nevada Con Consolidated Consolidated company com pan 2 The anxiety of the th Guggenheims to resist any an further en encroachment encroachment encroachments In the Ely EI camp on the part port of the Interests who have Just secured the Giroux property 3 The steady secre improvement in the cost COt of oC mining and smelting operations at the property pro We Ve mad made the statement a week Ck or more ago that the shares shan of or Ely stock remaining out nut of th the MOO O shares In the tho treasury of the Nevada Con Consolidated Consolidated Copper company had bad b been cn tn re removed n removed moved moed from the market This statement was a trifle premature but bt foreshadowed the consummation of or negotiations pending at that time The statement can en now be definitely made that the 1000 shares above aboe referred to have hae b brn been n taken care car of and that a strong syndicate of men af affiliated hunted with affairs has taken them over oer It I Is quite quie natural that the should be spurred on to greater activities now that the Interests have hae broken Into their lr domain and an secured ron con control on trl of the Giroux Groux property and it is quite possible po that the tl entrance of or these men In the Ely Eb camp amp will 11 result rul In a more mor aggressive policy poley on the part of the Gug Gu and In the development of the th properties and Nevada evda Consolidated We are informed that It is If it costing tw company today under 8 cents centa per Jr pound to make its It copper and that this cost Includes every Item of ex expenses expense expenses pense even to the refining and selling ing of the product twelve hundred tons per day da of oC ore orl arc now being shipped to the concen coneen concentrator I and the copper recovery rever is entirely up to expectations The company is iH open opening op n nIng ing up some good ore to the west st and ami in m fact fac Is t extending go both east el and west the thc th limits of Its Is ore f bodies boIe |