Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-05-27

Jim Butler Extension mining com.
pany. The location is excellent, and
with the strong directorate that
this company shows up it ought to
be one Of the beat low price stocks
in Tonopah.
II Goldfield stocks last week, in
our opinion we're purchases, they
are certainly on the bargain counter
today. The leading Goldfeld stocks
have suffered declines entirely un.
warranted.
The Combination and Florence
mines r looking splendid.
Jumbo is selling around Is cents.
Work has been resumed on this
property and We confidently expect
quite a movement in this stocks
within the next thirty days.
Goldtield Mining holds around so
to So cents, and should be bought.
Diamondfeld is still under pressure
We cannot account for the decline in
this stock. The Quartzite lease has
some 40 men at work and they are
sacking and shipping ore. There is
some kind of a Bear movement in
this stock which mystifies every one.
If the stock was worth 50 cents 30
or 40 days aga, at the figure it is to.
day selling for, viz. 30 cents, it GER
tainly ought to be the biggest kind
Of a buy.
Sandstone is also extremely cheap.
The Desert Rose lease on the May
Queen is looking better than ever
On the Zeb Kendall leases Nos. |
and 2, they struck a few days ago,
ore about l8 inches IN width that will
average close on to $3.50 per ton.
The mine never looked better. Yes
terday, May Gath, at a special
directors meeting held, the May
Queen pool was dissolved. 1t may
create a selling movement in this
stock and il it sells below 20 cents,
do not hesitate to buy it, as in our
estimation it ought to sell for 40 cts.
on the showing now in the mine.
Columbia Mountain, we believe will
turn out TO be a big winner. II they
are striking ore on all the leases in
all the properties surrounding Co
lumbia mountain, ore that is con-
sidered by the best mining experts,
shipping ore, it only stands to reason
that in the course Of 80 days Colum-
bia mountain will strike a body oil
ore that will surprise one and all.
1t Is in the heart Of the district and
covers more territory than any
other property.
Black Butte is going to do better.
From information that we have had
of late from one in control, we car
confidently expect TO see Black Butte
selling for 80 cents inside OF so days.
What deal there is on IS another
mystery. 1t is hard to find out any.
thing. The best indication thai
something is on foot is a raise o.
some 10 cents in the stock during
the last week.
Red Top, Goldfield Dominion ant
Goldheld Joshua and all the stock.
listed on the San Francisco Stool
and Exchange Board in the GoldfelC
district, are the biggest kind of buys
at present prichs.
As TO the other camps, such a,
Bullfrog and Kawich, we hear ex
%cellent reports.
The Kawich keystone mining com,
pany is now working and the stock
at Ii cents is selling very fast. We
are the fiscal agents for this company
and feel certain that with such mer
as the Hon. T, l.. Oddie and +. A
Keith at the head of the company
the stock ought to sell a great dea
higher.
The strike reported on the Gold
reed mining company claim is sup
posed to be very good. Details arr
lacking,
Much development work is being
done at Bullfrog and we will have {
strong demand for the better elias.
of Bullfrog stocks,
We have omitted mentioning /
large number Of low price stocks
because we want this letter to beal
principally on the market leaders
Information will be cheerfully fur
nished regarding any company in thu
district.
in conclusion we wish to say thai
we court inquiry, Our record stand
for itself aud we refer all our clientt
to the Nye and Ormsby County Banl
Tonopah.
Our Goldtield branch has been dis
posed Of, and all business will b
transacted direct with our Tonopa'
Office.
We quote the different stocks a
follows:
BID ASKED
Tonopah M. Co. OF NevadaI3 20 IS 50
Montana onopa .,""oa.., 3 10 " 3 ID
Tonopah Extension .....,..,.". 4 10 5 IL
BELMONT. ~ %
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