Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-09-02
MIMS-SUTRO CO., inc.
Market Letter and Weekly Review
Of Stocks in the Districts.
ToNoPAH. New, Sept. 2, 1905.

TonOpah Extension. we thlnh at inc
nresent time that all meritorious stocks
on the list are buys.
Tonopah Of Nevada during the week
has advanced and today sells for $l4.25
hid. AS we have often stated, it is a
good buy at anything under $1,000.
Tonopah Extension has increased its
shipments. as we predicted it would,
andR has advanced materially and to
day sells around $500. This is a
stock in which a purchaser can make no
mistake, as within a short time it will
certainly become one Of the big div
idend payers of Tonopah. We advise
its purchase.
Montana Tonopah still hoyers around
$40 bid. We do not look for much
activity in this particular stock until
after the annual stockholders meeting,
regarding which we gave u clients
particulars, but at the conclusion of
this event, we look for a sharp advance.
Tonopah Midway remains very firm
around $1.67 ~, being an advance of
10 cents on the week. We have con-
stantly advised the purchase of this
stock, and look for it to go much higher
very shortly.
Belmont, which we advised the pur-
chase of last week, has advanced and
now sells at 81. 6 bid. Reports re-
garding the property makes us very
bullish on this particular stock and we
advise our clients to buy it now, as
they will surely reap a handsome profit
on the same in the next ninety days.
Golden Anchor has receded and now
sells around SO cents bid, at which price
it is a bargain. 1t is under the same
management as Tonopah Extension, and
we look to see this stock selling above
the dollar mark very shortly. BUY 1T.
West End quickly recovered from the
inexplicable slump which it took last
week, and sold this week as high as
$1.121-2 cents, or IN advance of 171-2
cents. They are o hosting ore pre-
paratory to shipping. One of our firm
a few days since visited this property
and was astonished at the wonderful
progress being made, and at the
amount of high grade ore which is be-
ing sorted in the ore house. We want
our clients to remember that it has
been our constant advice to buy this
particular stock. We reiterate once
BUY WEST END.
Star although making daily
s of high grade ore has re-
coded ana today sells for Sc cents
"a tn only conceivable reason
Ill - put forth for the low
price of this stosF k is that an appeal has
hoon taLan ! - Supreme Court in re-
gard to the location Oh 'he property
The present company has already won
two decisions on the SANE sun one
of the decisions being haiN uo"n "
United States District JUGS hawiey'
one of the most eminens mimi
Jurists of the United States, anu IL II
our candid opinion that this Ias' ap,
peal is the work of some of a "be9tris
click of brokers Of San FranvSiSeo
who are short on this sttcN'
When the mine was nothing but :
prospect it sold as high as 70 cents, anc
now after developing it into one of the
large shippers of the camp sells as low
as Sc cents, when in our opinion il
should sell around the dollar mark,
The financial condition of the company
We know to be excellent. We advise
the purchase of North Star and think
it a positive bargain.
The strikes of which we spoke last
week in the McKane Company anC
West Tonopah, have been verified
Those companies as we explained il
our last weeks letter adjoin the Mon.
arch Pittsburg Extension Mining Com
pany, for which we are fiscal agents
The treasury stock of this company i
now selling rapidly, and we advise al
our clients to take on a small block o
this stock before this allotment has al
been sold, for if it becomes necessary +
sell another $1,000 shares for develop
ment purposes, it will be put out at
much higher figure. Buy it now.
Goldfeld stocks during the past wee
have shown considerable strength
trading being particularly brisk i
Jumbo, Goldheld Mining, Red Top an
May Queen.
The Railroad which is expected int
Goldfeld by the 18th inst, will infus
new confidence into Goldfeld stock.
and we look for much strength in a
the properties of this district at tn
time Of its completion.
Diamondfield is now selling for 8
cents ex-dividend &c virtually maxim
the price Of the stock 40 cents. In az
dition to this the holder Of the stoc
receives % "a MOI, Govt .11.A