The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-04-21
nIns-surRo co.'s LETTER.
GoLDFIELD, NEv., April q,

cline, due TO resident nolders OF ono
pah throwing their stocks on the mar
ket, in order to realize and leave the
camp. This was caused by the sickness
which was prevalent in Tonopah during
the past week or ten days, and which
occasioned almost a panic among the
over-timid, who gave credence to the
report that a plague infected the town,
which report was absolutely without
foundation.
1t is a peculiar fact that, although
there have beenquite a number OF deaths
in Tonopah during the past week or so,
the fatalities have been confined To men,
women and children being almost abso-
lutely free from any sickness. We have
been reliably informed that the cause OF
the sickness and deaths has been traced
to the consumption of whisky which was
~'doctored" with wood alcohol. How
ever, as the town was crowded with
eastern people, the feeling verged al
most on that of a panic and there was a
wild stampede to get out OF town, which
resulted in heavy selling and a conse-
quent decline all along the line.
This state of affairs existed only Tor a
few DAYS of the week, and the full line
OF stocks are now N the recovery, and
many of them have regained their form
er quotations and display the same re-
markable strength and firmness which
have characterized them in the past 80
DAYS, and which is warranted by the
property conditions. n cool-heaued
investors, who awaited themselves OF
this foolish panic, have made fortunes
by buying up the stocks which were
thrown on the market SO recklessly.
We take this opportunity to say that
the general health of Goldfield is re-
markably good, the town being singu-
larly free from all sickness, and the
authorities are strictly enforcing modern
sanitary regulations. GOldtield is some
% miles distant from Tonopah, at not
quite so high an elevation, has a far SUI
perior climate, and the health condi-
tons, as above stated, are of the best.
Tokop Consolidated. Shipping ore has
been encountered on this property dur
ing the past week, and the company adj
wise that they are now in position to
ship 10 to 20 tons a week of high grade
ore, which can be handled at the mills
here in Goldfield, necessitating a haul
of only about 40 miles. Thus our pre-
dictions with regard to this property
have been more than verified, and it
Will De Ttdully SecH tldG tIllS COUultIOI
warrants a much higher figure for the
stock of this company. Investors who
took this on when we first offered it at
15c, and who have followed our advice
and held the stock, Notwithstanding the
tempting offers of profits, are to be con
graduated upon their good judgment.
Tokop Gold Mining Company.-As we
have many times stated, the property of
~: ,I,,ino +bo+ f Al. Tzlz-
Consolidated. The values and showings
are practically identical, and there is no
reason why the stock of this company
should not repeat the experience of To-
kop Consolidated. We believe that this
stock offers an unprecedented opportu-
nifty to investors, and as the available
stock at l5c will last but a short time,
we call upon our clients to wire us i'm
mediately, upon receipt OF this letter.
and have such stock as they desire re-
served for them. Work is progressing
rapidly and we expect to have the pleas
ure of announcing, any day, that they
have struck a large body of shipping ore
and will commence hauling to the mills
here in Goldfield, which will naturally
cause this stock to take a sharp advance.
Every stroke of the pick and every blaet
on this property increases its value
many fold.
Hearst-Jaggers.-The heavy demand
for this stock continues, and it is only a
question OF a short time when all of the
first issue, which we took over, will be
subscribed and the advance in price
which is warranted by the property con-
ditions today-will take place. Those
of our clients who are ov%er-cautious or
neglectful will have cause to regret their
delay. "a
Diamondfeld. This stock suffered
considerably from indiscriminate selling
orders, as mentioned in the opening
paragraph of our letter. N~otwithstand-
ing the fact that there were some $4,000
shares thrown on the market during the
early days of the week, this volume was
instantly absorbed, and the week shows
decline Of only a few points, with an
immediate rally, the present quotations
being we'll maintained, with indications
of considerable strength.
Bullfrog Properties; Original Bullfrog
about the same as last week.
We consider this a splendid property
and advise clients to hold their stock.
Nonpareil NEUTRALITY-SUSPICIOUS.
Reynolds has been in the Bullfrog
country during the past week, person
ally supervising the work On this prop
erty and the Cyclops. We are advised
that good values have been encountered
and work will be pushed vigorously. We
reiterate hat this stock will repeat the
history of Original Bullfrog, and the
property conditions at this time warrant
a figure far in excess of the present quo
tation. When we first offered this stock
we explained that we had taken on the
company only after the most careful in
v~estigatiOn, our engineers spending some
time in the Bullfrog country and thor
oughly examining all propositions pre-
sented. 1t is our belief that this will
prove to be a tirst-class property, and
our clients cannot possibly go wrong in
taking it on at Zoe.
Active work is continuing with I'M
abated vigor on the property OF the Cy-
clops. AS We have previously stated,
the conditions on this property are al
most identical with those of the Nonpa-
reil. The Bullfrog district has produced
some marvelously rich properties which
have made fortunes for the investors
therein. We have no reason to doubt
that both the Cyclops and Nonpareil