Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-04-29

~ 49, 49, 0
at 10 Is a share, the Jim Butler
Extension mining company will be
called the Brougher-Jim Butler Elk
tension mining company. The own
ers of this property do not claim
that they have a mine in sight, but
the relative position Of this ground
to the Jim Butler makes it very
valuable property and the chances
are very much in its favor Of making
a producing mine as the Jim Butler
is very fine property. This prop
erty is situated on the southwest
side of the Jim Butler Consolidated.
All moneys received from the sale Of
treasury stock will be applied to the
development of the property.
We have received during the past
week very favorable reports from
the Kawich district. The Goldreed
and Kawich Gold mining company
are actively developing their prop
critics, the results Of which are very
encouraging. We are now Offering
the first allotment OF treasury stock
in the Kawich keystone. = Mr..
Oddie, President. This company's
ground is well situated and it is the
intention Of the management to com
mence active development work at
an early date. The management of
this company which is under the con
troll of Mr.. Oddie and Mr.. Keith Of
the Tonopah mining company is suf-
fcient guarantee to those who buy
this stock that they will get a run
for their money. Every indication
points towards the solving Of the
water problem in the Kawich dis
trict. A sufficient supply has been
found within four miles OF the camp
which will enable the different com
panies to make greater progress in
the development of their properties
in the near future.
The most marked decline in Gold
field has been on the Goldheld Ne
vada, Diamondfield, Sandstone,
Black Butte and Jumbo Extension.
The downward tendency of these
stocks in our opinion has in a large
measure been brought about by local
holders selling in order to buy in the
Bnllfrog District. Jumbo has suf
fesed some ten points, also Red Top.
yet Red Top has been the stronger.
The Combination and the Florence
continue to show marked strength
as development work progresses.
Mohawk, Blue Bull, Empire, Dixie
and a number of other properties are
looking exceptionally well under ac-
tive development.
A recent strike made on the Ar
COSY claim of the Kendall group from
authentic information is q very good
one, and will have a decided effect on
the price Of the stock. We wouldn't
be a bit surprised to see it reach a
higher point than ever before.
The May Queen is looking ex-
ceptionalIy well on the Zeb Kendall
lease and they are extracting very
high grade ore. The leasers on the
Kendall, Sandstorm, May Queen and
Columbia mountain are very sanguine
Of meeting their deserved reward
FOR their labors.
Reports from the Tokop and Old
, Gold Mountain districts have been
. very hattering. The Tokop Con
. solidated is extracting very high
grrde ore and it is the intention OF
: the company to push development
work and in the near future erect a
! mill on the property. Active de-
velopment work is going on, on the
Old Gold Mountain and the Tokop
!, Gold Mining Companies properties.
This district in our opinion is going
: to be one of the great producing dis
: tricts Of southwestern Nevada.
There are quite a number of mining
, men who are taking a great deal of
: interest in that district, in fact d
I number of sales are liable to be con.
summated during the coming month.
! Now is the time for persons who
: wish to invest in the lower priced
: stocks to take on some of the Tokop
? stocks where the companies have
! merit and good standing.
: During the past week we have
heard so much regarding the Bull,
frog district that We have sent our
: mining engineer into the field to
make a thorough investigation. We
have been reliably informed that
t the S~hoshone, Bullfrog Eclipse.
Steinway and Original Bulltrog are
! looking exceptionally well and from
= prospects where active development
= work is going on, the properties are
! looking very well. There has been
q during the last 30 days a great influx
: into the Bullfrog district not only
from this direction but from the Las
< Vegas and southern portion of the
state.
In conclusion we wish to say thai
we court inquiry. Our records
: stands for itself and we refer our
: clients and the investing public tc
; the Nye & Ormsby County Bank al