The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-04-14
nInS-SUTRO co.'s LETTER.
GoLpFIELp. New. April IA, 1905

1here mas Deen a Sllgnt ueCllne III TIE
volume of trading in the active stocks
during the past week, with an increased
volume of buying orders for the lower
priced stocks of merit. We are glad to
see that investors are following our adj
vice and taking on these meritorious
first issues of different companies which
we have recommended, and we are sat-
isfied that the results of these invest
ments will be highly pleasing.
There has been a slight decline in a
few of the Goldfeld and Tonopah stocks,
which was expected and predicted by us
last week, the same being due to the
natural reaction following the heavy adj
vances made in these stocks during the
past two or three weeks.
The entire line of meritorlous stocks
shows greater stability and a decidedly
firmer tone
Tokop Consolidated The splendid
showings mentioned last week continue.
The stock is held very close at 10. We
advise holding, as the property condi-
tions warrant a much higher figure.
Hearst Jaggers continues in heavy
demand at 15c, and at this figure is one
of the best buys. Work on the prop
ertv is progressing very satisfactorily,
and we anticipate being in position in a
short time to give good news concern
ing this property.
Bullfrog Properties-Nonpareil Bull
frog is in heavy demand at Zoe, and we
: repeat that this is an exceptional oppor-
tunity for investors. A large force OF
men was dispatched to this property
yesterday, fully equipped, which will
accelerate the development, and we be-
lieve that the results of this work will
cause the stock to take a heavy advance
in the neal future.
Work on the Cyclops Bullfrog prop
erty is also going on nicely and will con-
tinue to be pushed vigorously.
1t will be recalled that we advised
buying both of these stocks two weeks
ago, when, as fiscal agents for the COM
panies, We first offered them. At that
time we predicted for them the same
history that has attended Original Bull
frog, which we placed at 9 and Zoe, as
late as the middle of last December. and
which has since touched SOC on the San
Francisco Exchange. These properties
were only taken on by us after a most
thorough investigation by u engineers.
who spent some time in the Bullfrog
country, and we have no reason to alter
our opinion of them, as expressed in our
last letter.
Diamondfeld-As we predicted last
week, there was a slight reaction in this
stock, but it Immediately recovered and
stands today 1Oc above last weeks quo
t%ations. We advised buying this stock
last December, when it was &c. and at
that time predicted that the property
conditions warranted a much higher
figure. AS usual. our advice was cor
rect and those of our clients who fol-
lowed our predictions have reaped the
benefits. In our opinion, DiamOndtield
will be one of the greatest, if not the
greatest. producer in the Goldfeld dis
trict, and the stock, from an investment
standpoint, on merit, is worth $3.50 a
share.
Original Bullfrog continues about the
same as last week. having recovered
from a slight reaction predicted by us
in our last letter, which occurred the
early part of the week. We again adj
wise holding this stock, as it is a SPLEEN
did property and warrants a price con-
siderably higher than present quota
tions.
Black Butte maintains the strength
mentioned last week and is in good de-
mand. We look to see this stock go
higher.
Old Gold Mountain is in heavy de-
mand, demonstrating that investors are
beginning to realize the unprecedented
opportunity offered in this stock. This
is one of the best properties in its dis
trict, and the management is composed
of repre- Q tative men It the state, as
surfing an honest and economical admin
istration of the company's affairs and
thorough and intelligent development.
kawich Gold Mining Company of
Nevada-This splendid property con
tinues to improve, each day being pro-
ductive of showings of Increased rich
ness, and more Than full Hing the pre-
dictions we made when we first offered
this to our clients at ljc a share. We
advise holding this stock, by all means,
as the pr perry conditions today war
rant IL price far in excess OF the present
figure. Notwithstanding the protit-tak-
ing OF many of those who took this on at
the low price above mentioned, the
stock continues str, n around -
and Sic.
Tokop Gold Mining Company-An-
other outfit was despatched to this
property during the week, and the
work, which is progressing with great
activity, is productive OF splendid re-
suits. This is IL property that should
not be overlooked, as it offers an oppor-
tunitv to the investor that does not
come every day. 1t is only due to our
foresight in taking on II large block Of
this stock when the company was first
formed that we are in a position to offer
it at the present low figure. While the
property conditions warrant a much
higher price, we will continue to give
our clients the benefit of our foresight
and judgment, and as long as this block
lasts it can be had at l5c per share.
However, there is only a small guam
tity available, ard it would be wise to
telegraph your orders and have the
stock reserved for YOU. The Tokop
Gold Mining company's property end
lines and adjoins that Of the Tokop Con-
solidatei and the showings are practi-
cally identical.
Red Top-We have ALWAYS claimed
that this is a %meritorious mining prop
erty, but We have also stated that GER
tain facts connected with the manage
ment, known to the ~"insiders," con-