Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-06-17
MIMS-SUTRO CO., inc.
Market Letter and Weekly Review
Of Stocks in the Districts.

OF last WSSh OnopdH STOCKS and the
leaders among the Goldfelds have
advanced and although in some in
stances the advance has beer quite
marked it is still our opinion that
n stock bought at the present time
hat has merit will, within the next
sixty days reap the purchaser a
handsome profit. A building boom
is now in progress in this camp and
although it evidences the utmost
confidence reposed by the residents
of Tonopah and Goldfeld in the stabi-
lily of these camps it has u~ndoubted-
ly had a decided tendency to tie up
the money which would have other
wise been used in speculation.
Tonopah Mining Co, is very firm
around $500 and from a reliable
source we have the information that
an increased dividend of 35 cents
Will soon be declared. Fuller infor-
nation regarding this point will be
given in our next weeks market let
ter.
Montana has shown decided
strength and is now selling at SAYS
As we have constantly asserted, This
stock at anything under $500 is :
positive bargain.
Tonopah Midway is now strong at
$3.50. Presirent B~rougher of that
company informs us that he has
placed an order for a new steam
hoist and as soon as the same is in
place, which will be about the time
the railroad is broad gagged, the
mine will easily double its shipping
capacity and there Is no doubt that
il will be selling at that time at a
much higher figure. Buy this with
all confidence.
Tonopah Belmont is another stock
which has taken a sharp advance and
is o selling around $1.25. Our
eastern correspondents advise us that
this stock. with Jim Butler, is in
very strong demand IN the eastern
cities, and Il is our opinion that the
amalgamation OF which we spoke
some time ago win soon be con
summated.
Jim Butler has taken 4 sharp al
vance, last week selling as low as
60 cents and today being very strong
at 50 cents bid What we have said
regarding Belmont applies to this
stock and we predict that within the
next 80 days it will again be selling
far above the dollar mark.
Golden Anchor remains firm
around rs cents. Al this figure It is
a purchase.
Tonopah Extension, as in most
eases where a dividend has been de
clared and paid, has fallen on per
ceptibly. They are still making
weekly shipments and one makes no
mistake IN investing in this meritori-
Gus property.
Tonopah North Star has been the
most heavily traded in stock, during
the past week, and when operations
are again resumed there is no doubt
but that 1t will reach the highest
point that IL has yet attained.
West End We are just in receipt
of a report that Il strike of consider
able Importance has been made ON
this property, and II would not sur
prise MS in the least to sec il again
about the dollar mark in the next
few days. We reiterate, this stock
for an Investment is par excellent.
The Monarch Pittsburg Extension
Mining Company, for which we are
fiscal agents has practically installed
its new hoist and gallows, and it Is
the |concensus of opinion among min
ing men of this district thai this
mine will be "a winner. With all con
hdence purchase this stock.
Ohio Tonopah which adioins the
Mcnamara, Tonopah Extension and
the Red Rock, is now selling around
80 cents. Purchasers of this stock
at these figures will certainly reap
a handsome profit.
Tonopah Gold Mountain is now
selling very strong al 16 cents bid
and as n shipment is nov being pre-
pared which will average s240 per
ton, we see no reason why this stock
should not take a sharp advance
within the next thirty days.
The Goldfeld stocks are still in
active, with the exception of Jumbo,
Red Top, Sandstone, and Columbia
Mountain. Although these stocks
have advanced, the advance has been
so slight as to hardly heal mention
ing.
Jumbo is looking better han ever.
Tor as the company takes over the old
leases and clears away the objection,
able part of the work, which always
occurs on properties that are let to
%leasers, they are fast shaping a mine