Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1904-07-16
[. |. MimS& Co. Market Letter

The market this week has again
demonstrated that Tonopah as well
as Goldfield stocks will be in better
demand the older the camps get,
large trading followed the holidays,
thousands and thousands Of shares
of stocks changed hands on resump-
tion of business, and again proves
that all our adVices in the last few
months have turned out good, prices
of all meritorious properties have
advanced and nice turns have been
made.
Tonopah is strong and
active, the stock offered is greedily
absorbed and from those ''in the
know she'll be SO before thirty days.
Belmont has also been a good leader,
large blocks have changed hands and
stock sold up to &c and $50; 1t is
now &c and 83c, the price reacting
on realizing to take profits.
Midway is firm and in good demand.
This stock is a buy and right now at
that, the property never looked
better and is a good speculative
stock and has undoubted merit.
North Star is lowering in the
thirties, the suit OF adverse claimants
is momentarily affecting it, but that
once out of the way North Star will
do better; it is quoted around 35c.
Quite a demand has sprung up for
Rescue as well as Ray & O'Brien and
all the minor stocks. All are good
properties and are about to com
mence work on a large scale.
Goldfeld has at last attracted the
public, large blocks of Red Top and
Goldfeld Mining company are being
bought up and Jumbo stock in pool
meets ready sale.
Columbia Mountain Mining com
pany stock, we mentioned in our last
letter, has all been sold and in some
instances has been already turned at
an advance to 25c. Five cents profit
is not bad in one week! We expect
to see this stock soc. There are only
about $500 shares out, as the bal
ance was all taken by a private
syndicate who absolutely refuse to
sell one share.
The Bulls and Bears Mining com
pany stock is still to be had at 15c.
All who purchase it cannot fail to
make money. Some of its directors
are DIR. Payne of the Southern Pa
citc, Lewis Glass OF the Telephone
company, all of San Francisco, and
Mr.. Scully of Seattle. They repre-
sent capital as well rs capability and
under their direction the Bulls and
Bears Mining company stock will be
an active and good leader. Buy it.
Red Top has encountered quite a
good body of ore. 1t is good milling
ore and we have it from a reliable
source the ledge OF the Jumbo runs
through this property. 1t has been
extremely active, and were it not for
IA large block of stock which was
thrown on the market by some
shrewd SPECTATOR who bought il
cheap, it would now be selling round
25c and 30c.
In conclusion we wish to add thai
there has been placed with us stock
of the Hazel Kirk Mining company
at l2c per share. This property
lies directly south and adjoining the
great Jumbo mine and the ledge o.
that rich property has been traced
and found in the Atlanta, one of the
above mentioned company's claims
The Union Jack, the Black Bear anC
the Bismarck are included in this in
Incorporation and the directorate
composed OF Frank Billings, j. G
Butler, Jr., f. NJ. Kirk, c. H. Will
mar and S. H. Knapp are sufficienr
evidence Of its strength and relia
bility. Mr.. Knapp is IN the grount
here and is personally looking after
the destinies OF this meritoriou.
property. Buy it now and MAKE
money. T.. L. MINIS & Co.