Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1904-04-23
Ell. Minis &CO. Market Letter

o1blNlp1 IN ANo0CADi
mon and Montana-Tonopah being in
active demand and sales to the ex
tent of thousands Of shares have
changed hands through our firm.
One Of the most encouraging and at
the same time good sign, is the visit
to our mines OF Chas. Schwab, the
steel trust magnate. he with a
number OF friends visited u camp
this week and took in the surround
ings as well as inspected the various
properties. He is interested in the
principal one, the Tonopah Exten-
sion, which stock has sold as high as
LOS on the street here. Thousands
OF shares have changed hands and
the demand still continues. We kept
all our clients fully posted on this
stock and are glad to report that a
number Of them took advantage of
the rise and sold their stock, making
on an average 20 cents a share. 10
a certain extent the demand has
subsidized, the buyers evidently being
supplied with all they want, but at
that tht property is looking exceed
ingly well and at prevailing prices
a still be safely bought for a small
profit as the top in u u opinion
as vet has not been reached, we want
to inform all our readers though that
our advice at all times is to be salts
fed with reasonable profits and quick
sales as it is utterly impossible to
get all in at the bottom and out at
the top.
Sales Of Tonopah common are re-
ported at SO and Tonopah
around / 40-1.45. In our opinion
stocks will all work higher and the
assurance of 20 miles OF road being
built, and an actual fact, will do much
to infuse confidence in the minds Of
our wealthy eastern people who are
all men Of good common sense auc
knowing and feeling that actual facts
are to be relied on and not promises
Once the railroad is running int
Tonopah the influx of people ant
wealthy investors will be a benefit t.
ell our merchants, miners and mines
Belmont has gone up some tv
cents since last week, and as we ad
vised all our clients to buy are gla
to admit that neat turns have bee
made in our office. Belmont is sti
cheap and anywhere around 65,75
an absolute certainty.
One of our firm visited the Midwa
this week with A. G. Brougher an
w. j. Douglass and was showed a
through the mine, the showings al
indeed very promising. The sout
ledge going west on the 535 lev
especially, the ground just glimmeI
with sulphides carrying both go
and silver in very promising quaint
ties; in fact the progress made al
being made looks brighter al
brighter the further they go i
Midway around 40 cents is a bargai
1t won't be there long. Buy now al
buy quick.
North Star. Mr.. Golden, its pre-
ident, assured us that it is lookir
very we'll and the stock around Il
thirties cheap.
Quite a strike has been made
Jim Buffers Tonopah-G Gold Mounta
Mining company and the stock NEE
with ready sale around 20 cent
whom last week 8 cents was consi
cred a good price Look at our lie
ter of a week or so ago.
GoldfelG has had various ne
strikes. Red Top has been active
dealt in at from 10 to Is cents al
the prospects are very bright. Col
field Con. stock finds ready sale
80 cents and some has sold as high
so cents.
In conclusion we wish to sta
that all orders are executed at t
market price, a commission of on
one per cent being added for stoc'
bought and one per cent deduct
for sales, we at all times agreeing
give our customers the benefit of
our various wires.
e. L. MINIS & Co.