Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-08-12
MIMS-SUTRO CO., INC.
Market Letter and Weekly Review
Of Stocks in the Districts.
Tonopah, New. Aug. 10. 1905

railroad will be tandar,
gagged and running into Tonopah b,
the 18th inst, and that by he 5tl
Of September it will be running int,
Goldfeld, prepared to handle al
shipments offered.
Tonopah of Nevada has advanced
very materially and is now s145O
bid. AT anything under $4,000 This
stock is cheap.
Montana Tonopah today sells very
firm at $S.O5 bid ex. dividend. The
mine never was in better shane. ana
we advise the purchase of this stock
at the price at which 1t is selling
West End still hovers around
$l.lO. We have always advised tho
purchase of this stock, and we think
it still a buy today.
Tonopah Midway has shown decid-
ed strength during the past week and
today sells at $1.52h. They are
working full shifts again and we look
Tor this stock to materially advance
within the next thirty DAYS.
Belmont, after baing thoroueblv
inspected by Mr.. Brock, president Of
the company, who is now here. has
advanced under heavy buying orders.
until It today sells at s1.25 bid. We
have always advised the purchase of
Belmont, and we take this time r.
say hat any client of ours who has
closely followed our market letter
cannot have helped reaping banj.
some profits.
Jim Butler, we advise the purchase
Of NOW. The Valley View ledge
which runs directly through this
property, is showing wonderful
values, and In u estimation Jim
Butler should sell as high as Belmont
II not higher. BUY 1T.
Golden Anchor which we last week
advised the purchase of around TX
cents, today they are asking 9S cents
for. It is still a buy.
North Star is now a regular shin.
per The ore that has been shipped
mas all u much higher than 5000 ,
to the ton, and we have reports Of q
further strike which assays $1,000
upon the report Of this strike the {
stock has advanced to 60 cents bl1
at which price II Is greediIy bongbt
W. We advise the purchase of
North Star, and have every conf
oehee that within ninety DAYS II viii :
ne selling for a dollar. BUY 1T.
Ohio, today, sells at 32 cents Mt !
which price IT should be bought. The {
superintendent of the Monarch pitts $
ourg Extension Mining Company re-
ports that they are now through the !
wash n into the red rock. This ID 4
one OF the best indications that could q
occur in the particular mart il
VI the district. The red rock which i
lney nave encountered Is the same ,
formation that the Red Rock Mining y
encountered before making !.
10 Slrike, md from which II derived Il
y name, The Red Rock stock Is n
closely held by the meKana- q,
syndicate and cannot he s,
'ought at any price. We have con
ihually advised our clients TO take ON G
small block OF stock of the Mon g
tch Pittsburg Extension Mining "
onpany' and as soon as the strike is i,
lade' which will very shortly oc. 90
ur' they viii regret not having TAX III
= our advice. as the stock will as Of
nredly sell at so cents or higher at
ny il now. sh
stocks this week have re-
AIMED very steady, showing slight
down the line. We ~reiter- ne
% 'ne statement we made last week &c
AT the Goldfield stocks are bargains de
the present prices. WI
pl~amondheld is, today, selling AZ W
cents bid, and It looks as though HHi
e lohg looked for rise in this par III,
'uiar stock has about materialized. his
= nave constantly advised our hol
'ehls that DiamondHeld was the rul
o Investment in the Goldheld dis TN
,et' 1t is still a bargain at the
ice. thf
Ca
"ay queen. another stock which
nave always advised the purchase
uas slightly improved and is today
liis at 20 cents a share. We pre- Me-
: 81 cents for May Queen in the day
= near future. It is a purchase scia
W. fro,
9a'uStorm this week held It's an lart
~ meeting and elected officers for Pile
I company for the ensuing year. the
'ue meeting Mr.. Wingneld, the It l
manager, reported that the 5Oc
perry was never In better condi- stol
: ana the showings from some Of
leOApS Wprn oJn,o,t --