Show GIROUX CON SELLS BLOCK OF tREASURY STOCK The recent offer of shares of stock in Sn the Giroux Consolidated Mines com corn company company pany which was offered on the eastern market at a share has been gobbled up tip by the stockholders of that organization says the Ely Mining Expos tor torIn In order to raise funds for placing its water rights in proper trim for tor future use and to expend money on the townsite of ot Kimberley this issuance ot or stock Block was made necessary and the stock holders were vere ere given the opportunity to buy the stock at the above price and with the above results Although the smelter is ready for tor op operation operation operation a delay is being caused on account of the of or the concentrator tor torIn In the meantime the company is furnish furnishing furnishIng furnishing ing the American Smelting Refining RennIn company at Garfield in the neighborhood of worth of 15 per cent copper ore monthly The Giroux GIrou takes precedence over the other big corporations as hs being the only present producer in Ely its splendid splendid splendid did grades of topper ore permitting the management to forward such rock direct to the smelters The heavy stockholders In the Giroux Consolidated Cons who have been connected with that corporation since Joseph L rOo t Giroux first entered this district nine years ago have evinced the utmost con confidence cond d ce in the future of or this property by byne ne zIe purchase of stock at 75 a share when it is at present quoted on the New NewYork York exchange around the 36 6 mark The Expositor is further informed by a representative of the company of New ew York which has the contract for constructing the concentrator that the plant will be turned over to the Giroux company October O tober 1 It will be completed before that time but will b be given a trial run so that all possible de may mo be remedied This plant would have been beer completed ere ore now and turned over to the mining company September 1 had it not been for the delay delar in the ar arrival arrival arrival rival on the ground of DC material It has hasa a daily dally capacity of tons |