Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-02-04
wMIMS-SUTRO CO., inc.
Market Letter and Weekly Review
Of Stocks in the Districts.

The activity predicted IN our for
mer letters has been verified this
week. All Tonopah stocks have ad
vanced materially and ia our opinion
Top prices have not nearly as yet
been reached.
Tonopah Common is firmly held at
Sl2. There is as yet no particular
move in this stock, but il is not only
due. but in our estimation long over
due. This stock will sell for $50
within the next three or four months.
Montana. Tonopah has advanced to
So 40 and very little stock is chang
ing hands at those figures. We pre-.
dict SO for this stock in a very short
while.
Belmont has also gone up some Zoe
and is now Soc bid. Higher prices
for this stock are certain.
Midway touches 81 this week and
on some realizing to take profits, re-
acted to SOC. We are firmly con,
vinced Of the fact that Midway will
sell much higher as the company has
opened up a body Of high grade ore
some twelve feet III width that will
average from 500 to $1,000 per ton.
We, ourselves, saw some Of the ore
and it looks like pure silver. We
are glad to report some nice profits
and good turns for some Of our
clients.
Touopah Extension is very firm al
a. ~ LfI aun srn Ruatsa afFafp La t4tf4
buyers.
Mcnamara has also, as we pre-
dicted il would, gone up some Soc.
Considering the capitalization Of the
Mcnamara which is one Of the few
properties Incorporated for SOC, 00t
shares, this stock ought easily TO sci
for $l.25 a share. The suit on tn,
apex question has been postponed
until the 25th Of this month and ",
firmly believe that it will be settled
by compromise. However, we d,
not positively assert this, but tn
way the stock is acting, it looks as
the Extension people we're in thu
market for some OF it,. BE that as i
may, we have always advised tn
purchase Of this particular stock a
it is selling below its intrinsic meri
compared with other stocks. In fac
all the stocks on the west side are !
good demand, Golden Anchor selliu.
~ as high as soc and OHIO Touopa
selling as high as 45c. The discover
les made both in the Midway and To
Golden Anchor prove conclusivel
that the Mizpah ledge runs dow
that way and we consider Ohio Tone
pah exceptionally well located, firm
s believing that these Lodges VI
run through this property. TIL
Ohio Tonopah covers a larger are
than any one Of these companies an
the acquisition Of Mr. McKillips,
Carnegie steel representative as OF
of the directors, to which position !
was elected IA few weeks ago, adj
new blood aud strength TO this cor
pauy. We firmly believe that To
stock viii sell in TIE COS.
Tonopah Gold mountain has be,
selling around l5c. We are tho
oughly convinced that this stock
also a good purchase and ON q
showing made ought to sell veI
much higher.
North Star is another mine ab
managed and well conducted. 1t h,
advanced some 10 or 10 cents with
the last week and we believe will 5,
very much higher. Space does n
permit US to take up all of the
Tonopah stocks, but there are no
now listed on the San Francis
Stock and Exchange Board that a
not buys at the present prices. I
natural tendency in all the high
price issues is bound to reflect its
in the lower ones.
Goldfeld stocks are all in good {
maud None can make a mista