Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-09-23
HAGILL'S MARKET LETTER
49,. weeks Movement in Stocks
and work in the Mines.
Nev.. Sept. 23d. 1905.

ToNOPAH, New, Sept. Z3d,
while there have been no remarkable
l,,onces in the past weeks quotations,
'Io tome of the market is regarded as
,.;nr 6rmer than for months, and
,ransfers in mining securities aggregate
large volume Of business. Ohio APP
.aors 10 be in demand the last few
Javs. Mcnamara is several points
bigber than last week at this time.
Midway has suffered a slight decline,
M no doubt this is only temporary,
and the investor in mining securities
,bo1ld not hesitate to pick up Midway
an 4 decline, it being an absolutely
sofe investment. The differences in
Montana's management have been
settled by the reelection Of Mr.. Knox
"a the presidency, and the election Of a
hoard Of directors which is ii complete
harmony with his ideas Of management
and policy. These d~issensions over
.one. the stock of this company will
he more highly esteemed than w
One Of the most important items to
interest Tonopah investors is the de
velopment Of value bearing porphyry
in the West Tonopah property. This
nroperty lies from one to one and a half
miles northwest Of Tonopah. The min
inc area Of this vicinity is thus greatly
increased, and the result is that many
of the low-priced stocks, heretofore
considered as purely speculative, are
now in good demand.
Jumbo has had a slight decline, to be
expected after its sudden bulge, and a
symptom Of a healthy market. 1t is
universally conceded that this stock
will in a comparatively short time COM
mand a higher price than ever. The
merits of this property are ~unquestlon-
able. Tran sactions in Red Top have
been heavy, and it is quoted today at
55c. Black Butte has also gained sew
eral points. Goldfeld stocks all along
the line have become firmer, owing to
numerous strikes lately reported on the
various properties, and the watchfuI
Investor has many splendid chances
there now.
In the Bullfrog district Eclipse
makes the best showing, having adj.
vanced s points within a few days
The railroad to Bullfrog being now as
sured, it does not require any perspicu
ity to foresee a great activity in tn,
securities Of that d~eseryedly famous
district. A field SO promising woul,
not be long without adequate shipping
facilities.
The new districts are proving true al
the expectations Of their friends. Lon
Mountain is attracting much inquiry
and bonds are being taken on proper
critics that have bright futures. 1t
reported that in many places shippin
ore in large quantities can be take
from the surface. Manhattan's d,
%yelOpments are highly satisfactory {
those who are interested there, an
the interest in Silver Bow is increasin
fromday to day. There is a persister
rumor that the shortly forthcomin
first shipment Of ore from Kawich wi
greatly surprise local mining circles, S
accustomed to startling values.
The new camps present the best o.
portunities for investment by persons
moderate means. They are the Ton,
pah Goldields of the future, The i
vestOr can now secure stocks in a nur
Der Of the new companies organized
exploit these districts, and il he plac
his money with a little judgment, wi
the lapse of a little time he will fl
himself on the road to fortune. The
are numberless people who are now
easy street" by virtue Of small
7estments in Tonopah, Goldfield a
B%ullfrog stocks when they were fiji
put on the market, and no doubt the
be hundreds Of others in that envial
condition because they have the fo'
sight to see the opportunities now
fered.
Write me for full information, an,
will b. glad to give you an honest a
reliable opinion Of any of the stocks
feredto the investing public.
Yours respectfully,
j. A. MAGrLL
/ 7. 0. Box 1856, Tonopah, Nevada,
NoVada-(soIdiield Co.