Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-06-10
TONOPAH TO HAVE
A STOCK EXCHANGE
Foreman and jackson Back OF
the Enterprise Which In
SupeS Success.

Tonopah is to have a stock ex-
change in the near future, thanks
to the enterprise and foresight Of
the well-known brokerage firm of
Foreman and Jackson. These gentle
men have secured Offices adjoining
the Tonopah Club on the south and |
have made arrangements with the |
proprietors of the club, whereby there
will be a call daily in the club rooms
of all Tonopah, Goldfeld, Bullfrog
and in fact, all southwestern Nevada
stocks.
1t is a private enterprise and as
Mr.. Forman stated in conversation
with Bonanza representative, "ev-
cry man will be his own broker.
This is a step that will be greatly
appreciated by the specializing pub
lie Of Tonopah The proposed ex-
change will give them chance to
buy and sell stocks in their home
town without depending upon quota
tions from San Francisco.
The firm of Foreman and Jackson
is composed of S. D. Foreman and
Clyde Jackson, two of Tonopah's
best-known young men, who enjoy
! the good will and esteem of the peo-
pie Of the camp.
KaWich.
A large party of brokers will leave
here this morning for trip to the
great Kawich district They will he
the guests of the people of that
booming town. The trip will be made
in automobiles and will be free of
expense to the excursionists. This is
another step toward advertising that
great section and shows the public
spiritness of the citizens, who are
subscribing generously to the fund
which is being raised for the purpose
of entertaining their guests in most
lavish fashion.
Two days are to be consumed I
making the trip and inspecting the
mines. 1t is the idea of the Kawi i
people TO let the world know the true
condition of the various properties
in that section and as many mine
= as can be inspected during the sta.
O, the visitors will be examined. Jus
" now many machines will leave TO
nopah has not been decided upon, a
=" il has not been learned how man
will take advantage of the trip.
VIII Make Shipping Mine.
=, The directors of the Belmont Exten
n sion Mining Company, which was re
Gently organized in this city, are PR
:, paring to operate the property
once and If time and money can q
n it, they will make shipping NH
"a out of it in short order. The con
40 pany which is an exceptionally stror
one. owns the North Star, Dipper al
Ralston claims, which adjoin the ri'
Belmont mine on the east. III
company is capitalized at 100000
and there are 100000 shares
treasury stock The officers of {
Belmont Extension, are John NJ
:. Kane, president; George S. Nike
- yice-president: j. H. Forman, seer
y tary and treasurer and these wi
= George Wingtield and S. d. Form
constitute the board of directo
Forman and Jackson are fiscal agel
and limited amount of the ste
=. will be sold by them at 20 cents
~ share.
OIL The Kankakee.
or Col Taylor, Manager and one
ion the owners of the Kankakee mine
Igh Gold Reef, reports the uncoveri
,ah of an 1S-inch seam of tale in fl
foot ledge in the mine yesterd
vas which Mr.. Fletcher and other pro-
in nent mining men say is exactly !
ons the rich tale found in the Jun
ana mine at Goldfield. An assay is Il
by being made. The Kankakee is 10
hat ing extra fine and no doubt will 81
rks become a producing mine. Anot
strike was made on the CRIMES pr
Dad erty, which adjoins the Kankal
red this week, ledge full Of free
art, being encountered. Gold Reef
nifty great future.
be Tonopah Home.
seS' The new hoist that recently arr
here for the Tonopah Home mine
been placed in position under the
ner- pervision of superintendent Al )
an and is now working like clock-w
froo The shaft is down l3O feet and a
sod strike on the Home is now on
matter of a short time,