Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1904-06-25
E. |. Minis Co. Market Letter

lut MA hNb hHRAi hhAo 49, 49,
demonstrated that our views ex-
pressed for weeks past have proven
correct. All Tonopah stocks have
advanced, large trading in the lead
ers has induced the public up to a
few months ago, ignorant of the value
of our mines, to come in and the con-
sequence vas a big demand for our
stocks. New money is being put into
our leaders and sales on the San
Francisco Exchange are taking place
remind old timers of the boom in the
Comstock some years ago.
Montana Tonopah has been as
usual the leader, advancing to 50 80
and receding on realizing to take
profits to 81 80; this stock is worth
s. of any mans money intrinsically
and on its merits to buy it, and to
hold it is an investment, one and all
who make it will never regret.
Next in point of activity has been
Midway, the purchase of which we
kave kept on from week to week ad-
vising. This stock has gone up some
15c and sales have been made as high
as 60c. AS in all cases a reaction
must take place after a good rise,
stocks must recede but on the next
move she'll go higher than ever.
Midway is on the direct line of the
great Mcdonald ledge and in the
course of a few weeks the Midway
must run into this ledge; when they
once do, it's too late, for that reason
buy now and don't hesitate. Midway
is now between SOC and Coo.
Belmont is also doing better, sales
i are being made at TIC and 78c and as
this is another one of those stocks on
the direct line of the Mcdonald ledge
q we look for it to sell for 81 inside of
= a very short time.
e North Star is slowly but surely
{ creeping up. A consolidation Of va
{ rious properties being contemplated,
t the exact nature of which we do moi
know, but what we do know is that
d the combination on tapis must make
y North Star worth SOC and its pur
'e chase now is a sure thing to make
money.
Mcnamara is another propert,
at that not only holds up but keeps go
IS ing higher. The writer PERSONAL.
went through the mine with Mr.
OF Joseph, one of McNamara's heavies
RS holders, aud has seer rock ric
lg enough and enough of it to keep tn
I'M railroad busy for years to come
lp Mcnamara has only 500, 600 share
of all told, so its price is not at all hig
lis considering its capitalization.
'se Extension holds its own, sales a
ED 81 are frequent occurrences in CAM
1t This stock is booked for higher price
Re- in the near future.
ar A strike of no mean proportion hs
me been made in the Golden Anchoj
There is no question about its ricl
ness and as it is also in line with II
he Mcdonald ledge we would not
SEQ surprised to see it turn out to be
second Tonopah Extension. Tt
EAR stock at its present price is an A
ma gamble; it is quoted at from 35c
ION Acc.
The different consultations to tai
zen place in the near future such as Ra
,uy Tonopah and Ray & O'Brien have
tendency to create a demand for 10
/. priced stocks, which through SUI
ton consultations become benefited al
zen the natural superstition is that VIII,
one such consultations take place, ne
for capital is Forthcoming, which mea
Use development and development in t
do outlying mines is what We want; b.
be- all these stocks and money is to
Gus made beyond a question of doubt.
ing In conclusion we wish to state tn
;es- Goldfeld is looking brighter a
this brighter every day, the discover
out there are becoming marvelo
in fact to say the least, and all t
properties out there, stock of viii
the has been issued are a buy as the ri
pc and large lodges encountered all ov
ma 49, - o,inn tho vond