Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-03-18
~MTMS-SUTRO CO., inc.
Market Letter and Weekly Review
Of Stocks in the Districts.

Inc SuCttsa tu"e
firm has met with in the last year IN
promoting new and m%eritorious
properties ought to be sufficient for
our readers to realize that it Is well
to keepin touch with brokers on the
ground and be guided by their re
sources to let their clients know
what is doing; especially as our
weekly market letters are published
in the best papers Of Tonopah and
Goldfeld and are based on the actual
knowledge of what is going on 10
these new camps
Tonopah stocks as we predicted,
declined all along the line, not so.
much on account of their selling too
high but on account of the actual
condition Of affairs which invites
profit taking. Whenever people can
sell at an advance stock bought at
the extremely low prices that have
prevailed in these camps within the
last year, they sell.
Speculation in stocks is an art. IL
is a practical impossibility to get u
clients in at bed rock prices. Judge
ment has got to be used in all
instances and we believe in the
great maxim of None will ever get
poor by taking a good profit.
Tonopah Common hovers around
S1l and $11. 80. While We have no
positive knowledge Of a dividend be
ing declared, we are firmly convinced
Of the fact that the showing in the
mine iustifes one. The directors Of
course are the sole judges and have
probably the interests OF all stock.
holders at heart, Within the next
60 days somethin will have to be
done to satisfy the numerous stock
holders in this company what the
immense amount Of money has been
used for that has been taken out o.
this wonderful property. Of COURSE
the stockholders elect a board O
directors, feeling convinced tina
their actions will be for the interesi
OF all and If they see tit to declare I
dividend we are firmly convinced
that it will be one that will be main
tanned for an indefinite period. There
is absolutely nothing that effects
stock so badly as to declare n o
two dividends and then quit. The
must either keep on paying them O
else not pay them at all.
Montana Tonopah has declined T.
$3.50 and on heavy buying by on
firm again e-acted to 500. Th.
dividend in this stock is also an ex
pectation. Whether it will b
realized or not is hard to say. VIVA
we have said about 'lonopah Com
mon applies to Montana. I'll
directors ought to have the interes
Of all the stock holders at heart an
if they see fit TO declare a ditiden
it certainly will be maintained il
definitely.
Both Belmont and Midway al
holding close u the 81 mark Midwa
squirting to S1.25 aid Belmont l
$l05. There is no question aboutiI
both these properties are seilin
away below their intrinsic meri.
Midway inside OF 80 days, we al
fully convinced, will sell close to III
81 mark; Belmont close to Sl.5l
The reason is plain to be seen. II
immense mount Of development b,
ing done at the lower end OF town
the sOcalled west side stocks prove
conclusively that the immense ledge
run down that way, and while BE
mont no doubt has u large amount
49,, &, eth. - A,aE,F fA,.a1 - -. In
from immense blocks Of stock thu
on any sign Of strength are throw
on the market, being again gathert
in when the stock goes to a tigul
where the people who know WIKI
the property is worth see BIT TO stan
under it. l. is unquestiouabIy
property of merit and the stoC
ought to sell a great deal highe
The Midway has eight teet OF Il
finest looking ore IN the camp al
the ore in sight to date, without al
Dragging is fully worth what Il
stock is selling for and inside of
days we predict 81 for this stock
the management is composed of Il
best people in camp.
North Star is also in line for
good raise. Talk of an appeal m Il
suit recently decided had "a tenden,
to weaken this particular stock u
we are assured from the best peOp
connected with this property that
appeal would not in the least distul
them, as the decision of the jud!
deciding the case has not to the
knowledge ever been reversed.
Mcnamara has suffered fro
manipulation. There are wLispe
Of increase of capital stock al
various other futnors that for,
weak holders to sell. We are ful
convinced that Mcnamara is seIIir
far below what it is worth, still it
a dangerous stock to deal IN as Il
insiders are manipulators aud
definite news can be had from then
Tonopah Extension and Goldt
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