Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1904-06-18

out at the top and in at the bottom.
many things can transpire pro and
o and for that reason we constantly
keep advising all our clients "SelT'
when the demand is greatest, BUY"
when no n wants them. Bear this
in mind and you cannot fail to make
money. Sales this week on the San
Francisco market have been enor
nous, thousands and thousands OF
our recognized leaders have been
traded in and the brokers have been
kept hustling all week.
The trading in Mcnamara over
Swallowed all the rest. Upwards of
$4,000 shares have been traded in.
the stock sold as high as 53c. This
is a wonderful rise and the reaction
bound to come was perfectly natural,
there is no question about it that
Mcnamara has merit, a thirty foot
ledge having been uncovered which
is a wonder and has made those in
control jubilant, Taking the situation
from a brokers as well as a specu-
lator's view, for the present SOC is
top for Mcnamara. in the near future
it may go higher, but we advise
caution at present; stock now 40c
bid.
Montana onopah has shown de-
cided strength. Sales have been
made at So l2l and 81 Is and stock
now firm at 50 10 bid. Montana
Tonopah is a stock, the merit of
which insiders know more OF than
anyone, naturally, are buying this
stock with the utmost confidence.
and the So mark for Montana. Tono-
pah will be reached before 1905. A
dividend is a very strong possibility;
when they'll declare it and for how
much we are unable TO say but it
won't be less than 10 cents and pos.
sibly more. The financial condition
OF the Montana onopah is A |. They
have plenty money in the treasury
aud Of this million share issue they
have at least l75, 900 shares still in
the treasury.
Tonopah Common IS gradually
creeping toward the $40 mark and
that price for that stock is assured
and in the near future at that. We
have bought all the stock we could
at prevailing prices and consider it
cheap at that.
Midway is surely going to advance
the work is progressing nicely and
the mine looks well 40c is the price
to-day, and what it will be in two
weeks is hard to say. We refer all
our readers to our past letters in
which we advised one and all to buy
Midway and to buy it now.
Belmont is slowly but surely ad-
%vancing; Toe and SOC will look cheap
IN a few weeks as the stock is booked
for a substantial rise.
Ray & O'Brien is looking up, stock
Is constantly changing hands and a
combination OF Ray Tonopah and Ray
d OBrien is on the taps; in that
event both stocks are a purchase for
a turn.
North Star also is becoming active
and a demand is springing up, a con
solidation is also whispered here, but
" IS not with the Tonopah company
nor with the Montana Tonopah; zoe
Is the market price at present.
There is nothing doing in Exten-
sion, but some fine morning this stock
Will again become active aud it will
be up and not down as some people
seem to think.
%Tonopah. Gold Mountain is again
becoming active and a demand for
that stock would only be natural on
the showing made on this property,
some specimens of which the writer
mas seen and which glitter with free
god. An assay was taken on some
oil the rock and it would be hard to
tell how high it would go.
IN conclusion, we will touch on
'oldheld, which will be one of the {
wonders Of the world as soon as a {
llttle more work is done. The show. {