Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-05-27
NIMS-SUTRO CO., inc.
u,rket Letter and Weekly Review
of Stocks in the Districts.

InfInHI tdcOll nIAAStl wv 1OAiOlAlNl Gl
Ornamental in bringing about this
3ocline. as we said before, are local,
INF another extremely disturbing
actor. as far as Goldfeld is con-
armed. is the failure of the Goldfeld
Rank & Trust Company which caught
nany small depositors. As Goldfield
has many people who speculate in
.tocks on a small scale it naturally
had a tendency to compel them to
5ispose Of their stocks at almost any
nrice in order to meet their daily ex.
lenses. for which the average specu-
Iator at all times has a little money
set aside in some bank, which OF
course was wiped u by the failure
If the above. mentioned bank. We
confidently expect, however, that
within 30 or 60 days, when the Tono-
nah Banking Corporation, the new
rank headed by Senator Nixon, opens
ID doors for business, there will be
pIenty Of money to loan on the better
class OF Tonopah and Goldield stocks,
and to responsible parties so as to
again create plenty of money to specu.
ate in stocks. We therefore think
The market a buy on any reaction.
By about August lst the broad
gauge will be running into Tonopah,
arger shipments will follow, and
everything taken into consideration.
the market must and will do better.
Tonopah mining company has held
rs own. The directors report Just
issued is extremely satisfactory, and
from what we know about the mine
the stock will be very much higher.
Tonopah Midway, in our opinion, is
extremely cheap. Another strike
has been made on this property and
We are more bullish than ever on
this particular stock. They are
Shipping ore regularly and a dividend
will probably be declared before the
end Of the year,
Tonopah Belmont has also been in
active demand in the East, and from
Information that we have we know
for a positive fact that one hundred
thousand shares of their treasury
stock has been sold at 81. 40 net, thus
giving the company ample funds in
the treasury to actively develop the
mine, and making it possible to pay a
dividend.
jim Butler has suffered with the
rest. We are positive that ore is
being shipped from this mine, and as
we have stated in u letters before,
the control has evidently been OBJ.
tanned by the Tonopah mining com.
pauy, and now that they have 1t do
not care where the stock goes to. On
the location and on the showing in
the mine, 1t should sell above q dollar,
Montana Tonopah holds strong
around $3,05. The mine is now in
better shape than ever before. The
company has a large cash reserve, is
making regular shipments and a diyi'
dend is only u question of time.
The same may be said Of Tonopat
Extension which is held firm at 50. 90.
TIE strong directorate and financial
backing that this company has make
it one Of the best purchases in Tono'
pah stocks that the camp affords.
In fact Golden Anchor and other
properties controlled by the Schwat
syndicate are well protected and are
always good purchases.
The treasury stock of the Montana
Pittsburg Extension mining com.
pany, which adjoins the Golden An.
Choir and Red Rock and other of the
McKane properties, is extremely
cheap at 20 cents a share. We still
have a few shares for sale at this
figure and we confidently expect tC
place one large block in very strong
hands at 30 cents. II this deal is put
through, as it has every indication
that it will, there will be no more
treasury stock TO be had. Send in
your orders and take on some Of this
exceptionally cheap stock,
West end, as we predicted, has
made quite a rise. Some very gooC
ore vas struck a few days since ant
we firmly believe this mine will be 0
shipper in a very short while.
North Star after selling as high a:
. cents again reacted to 60 cents
u looks as If North Star at this
dgure is a purchase. The location
. excellent and work is going to be
started at once. 1t is an easy stock
% trade in, as large blocks cal
readily be sold aud the support the
stock has in the open market is one
Of the best indications that the
property has merit.
1t is extremely hard to guage thu
market from week to week, but We
want to impress our clients Of this
act that We are very bullish on al
standard Tonopah and Goldtiel(
stocks.
The latest report from Tonopat
G1old Mountain is better than ever
Inc company is now employing somt
70 men and we firmly believe tina
shipments are only a question of {
rev weeks. The tunnels they havt
run show up excellent ore bodies
sOlne OF the rock assayiag as high al