Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-02-25
MIMS-SUTRO CO., INC.


at the conclusion OF our market letCer
last week you will notice thai we
predicted a Reaction in all stocks
which is bound to come whenever the
advance has been as rapid as IT was
last week. Not that we think that
stocks are going to keep on going
lower but that it is a healthy sign to
see re. actions take place in a boom
ing market, especially as all these
stocks have merit and in time will no
boubt sell a great deal higher than
what they are selling for today.
Tonopah Common as we predicted
declined. We are pretty well posted
on this stock and felt certain that no
dividend would be declared at the
meeting held on the 23rd of this
month. The stock was offered to us
At a slightly lower price than the
market, but at the present time, we
do not advise the purchase of this
high priced stock as there are plenty
of other chances both here and IN
Goldfield where the money can be
used to better advantage.
Montana Tonopah is firm at 50. 90.
Some of the most prominent stock
holders in this Company are now in
San Francisco and we look for quite
a raise in this stock in the near fu-
ture as the shipments are certainly
wonderful, some carloads going as
high as $40, 600. 1t is n of the best
purchases in the Tonopah market to-
day.
Belmont has been in strong de.
mand, large blocks being bid for IRON
the east and no stock obtainable,
This stock will also sell higher in the
near future. Buy 1t with all con
fdence.
Midway has held strong in the face
Of large offerings, 1t is firm at $l.l D
and when once the news is out that
the shipments will continue regularly
we look to see this stock sell much
higher as the territory embraced by
this company as far as ground is
concerned is exceedingly large, and
we believe the famous Mcdonald
ledge runs all through it.
Tonopah Extension suffered some
what as have all the high priced is.
sues. 1t is offered at - 10 anc
81 80 is bid. We believe that Tx
tensions weakness is due to Me.
Namara's strength. The suit about
TO be tried has been postponed as We
learn it, by request Of the McNamari
people. There is some kind Of Il dea
on foot between these two companies
the bottom of which we Eau not geI
at, suffice 1t to say that some Of tn,
best mining men on the coast pre-
diet an easy victory for the Nc
Mama a people while those in contrC
of the Extension are equally san
puine. Time will tell. What "
know though, is that the Extensio
IS a wonderful property and tina
selling for s. II share is probably nc
near what it is worth. At leas
those in control think so.
Mcnamara sold up as high as 20
in San Francisco this week on TT
mors Of some sort OF "a compromise
These things will come up. Comprt
misses will be talked about but il
triusically we believe that ON
Capitalization OF 500, 900 shares NJ,
Namara selling around zoe is e.
tremely cheap, in fact, one OF Il
cheapest stocks in the camp.
will easily sell for 81 90.
The Ohio Tonopah has RESUME
operations and the extremely stror
board OF directors that are nc
directing the affairs OF this pro
prtv give promise OF some a
tivity in this stock. AT the price
Is 0 selling for, it certainly loo
cheap to us.
Golden Anchor has been very fir
as all stocks have re acted, this
sympathy has also gone down to 6
at which price it holds firm
Tonopah Great Western is al
selling around DC in camp We
End has sold as high as Acc aud
firm at that. We predict high
prices for all these stocks on 7
west side.
North Star on rumors OF a 60
strike has sold up as high as 10 {
In fact, 80 would have been paid Il
Saturday for IT.. We firmly belle
North Star is well worth the mon'
but the specializing public must ia
into consideration that large blot
OF this stock were bought at20 q
25c during the life of the suit brout
to settle title. Naturally these p
pie take profits and the market
constantly supplied with this st'
az advancing prices. We, howsv
firmly believe that il will eventut
sell much higher.
Tonopah Gold Mountain is anot
stock that has been in big dema
Large blocks have changed hands
Is aud 10 cents and the demand
still strong, This is n OF
cheapest stocks in the district
we firmly believe that it will e
30c within the next 60 days.
Goldfield stocks in some instat
have proven their metal having
very much higher than ever bei'
Or course there are at Goldl
stocks that meet with the same