Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-02-11
MIMS-SUTRO CO., INC.
Market Letter and Weekly Review
Of Stocks in the Districts.

to be one of extreme liveliness and
has verified our predictions in all our
former letters which goes to show
that it is the best for the specializing
public to keep in touch with a firm
like ours, who are constantly on the
ground and able to advise consci-
entiously and correctly, making
profits for all those who read our
letters.
Tonopah Common was sold in large
blocks at $500. A good demand
for this stock has sprung up and it
must sell higher.
Montana Tonopah, the purchase of
which we have been recommending
for weeks past sold as high as So. 10
10 San Francisco this week. The
public has at last taken hold of this
stock and we predict S., 90 for it be-
fore the 4th Of July. In a converse
ton which our firm had with the
new superintendent, he assured us
that he has encountered another
ledge equally as good and probably
better than the famous Mcdonald
ledge and that the stock is cheap at
the |prevailinp price. Buy 1t with all
confidence. We are ready to execute
your orders at market prices.
Belmont has already been ex-
tremely active, selling as high as SOC.
The demand for this stock win 0
be felt and we confidently expect it
to cross the dollar mark in a very
short while.
Midway; the stock that we have
been constantly recommending as a
great purchase, sold as high as one
dollar this week, and 90 the showing
made, must sell higher. A shipment
from this mine goes forth in a few
days and we confidently expect the
carload to net the company $50, 600.
The ledge that they have struck is
phenomenal aud will easily average
between $500 and $1,000, the whole
width Of twelve feet. Midway will
sell for $3.50 in a very short while.
Tonopah Extension is very firm,
sales as high as Sc. 90 being made at
Pittsburg. We ourselves, were
large buyers around So. 90 and So %.
This stock is booked for much higher
prices, as the east is buying IL in
large quantities.
Mcnamara is another stock that
is bound To do better. 1t sold up as
high as re last week, and is now
firm at Coo. As we have always
said considering the capitalization,
Mcnamara is cheap at 81. They
have a good property. The suit with
the Extension people has been post
poued and we strongly advise its
purchase. There is no doubt in our
mind but that this suit will ba com.
promised, and if not, they have a
grand chance to win what they are
contending for.
The Ohio Tonopah mining com
pany with a good treasury has re-
sumed operations, having been closed
down since April |, 1904. During
this time, the developments in the
Extension and Mcnamara have been
OF the greatest benefit TO this com
pany, demonstrating that this great
series of Lodges found IN the North
Star, Montana, Midway, Extension
and Mcnamara, extend into the
Ohio, and the work now being com.
menced on the 400 foot level is de-
signed TO open up these lodges in the
Ohio ground. The main crossing to
south on the no foot level will, by
extending, open up the Mizpah ledge.
in fact, all the stocks on the west
side command attention.
Golden Anchor has sold up as high
as 75c.
Tonopah Great Western has also
had quite a little move.
West End is in great demand and
il the stocks are ~judiciously bought
on the West Side, we believe there is
good money in them.
North Star is a good mine and has
made a good strike. Active opera
tons for developing the mine have
been made aud under the excellent
management OF Mr.. Frank Golden,
its president, we feel sure that the
stock will sell very much higher.
Tonopah Gold Mountain is another
SUCK ludl we nave CONS lily du-
vised our clients to buy. Quite a
rich ledge has been struck on the
east side and we predict much higher
prices in the neal future.
Goldfeld stocks have suffered
somewhat from the demand for the
Tonopahs, people disposing of some
OF their stocks out there to purchase
Tonopah stocks last week. The
drop in the Goldfield stocks there
fore, is easily accounted for and the
rise in Tonopah's the same.
Goldfeld mining company stock
soldup as high as SIC and on realiz.
ing, declined to 75c. This is one Of
the best purchases in Golddeld.
Jumbo still hangs around the COS
and we de rot advise any one to buy
Jumbo until the litigation is settled.
Red Top has been quite active,
selling up as high as 24c. This is
another stock, the purchase of which