Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-08-19
MAGILL'S MARKET LETTER
The Weeks Movement in Stocks
and work in the Mines.
rovon.p NV. Aug. 26, 1905.

INANNA ~ 49,
The fall trading has begun !
earnest. and during the past wee
va have witnessed the first real liv
movement 10 stocks that has occurrea
since the slump last spring. Actiy
trading. big sales and q general ad
vance 10 the price Of all Tonopah
nave marked the beginning Of wha
wil no doubt be y Of the creates
mining stock booms since the days Q
the famous Comstock. And the con
ditions which exist at the presen
time. and which will continue durIn!
the winter, give so much promise Q
nrosnerity and activity IN mining
sroeks. that it takes only a merl
glance to look into the future and SCI
the possibilities and opportunities u
be offered this season. The mines
WORKING in richer ore than ever
larger bodies Of ii, better plants 2
machinery installed, the railroad
broadgauged TO Tonopah, and spuI
tracks laid around to every shipping
mine in Tonopab, with not thousands.
hut millions al dollars worth OF ore on
the dumps awaiting transportation.
The great dumps taken out by the
leasers two or three years ago, ol
fair value. but not rich enough te
ship while freight rates were SO high,
can now be shipped to the smelters,
and the force Of nearly every
mine IN Tonopah doubled. Every
Indication seems 10 point to the truth
OF the prediction made by Mr.. Donald
B. Gillies, one Of the foremost mining
engineers Of the states Of Nevada
and Montana, that Tonopah would
o a greater camp than Butte,
and that within is months u daily
output would be as great as our
present monthly output. Think OF
what this would mean Millions in
dividends and stocks soaring sky
ward. What better and safer spec
ulatlon could one expect to find any
where. In addition to all these fav-
orable local conditions we must bear
in mind the general prosperity exist
ing all over the country. Over two
billion dollars 10 our savings banks,
good crops, factories and mills run
ming at their full capacity, higher
wages than ever, and all tho banks
Of the country with their deposits on
hand seeking Investment. Those who
have money will seek investment
which viii bring them the largest
returns, and they naturally turn &c
mining stocks.
With all these conditions one can
not fail to see the wonderful oppor.
tunities now presented. In another
30 or so days Tonopah and Goldfield
stocks will be twice BIS high as they
are today and you will reproach your
self for not having invested sooner.
Put your orders in now, and in a few
weeks the dividends being paid, and
the amount of gold being taken out
of the mines OF this state, will make
your stocks worth double what yot
pay for them.
A new strike has been reported
this week in the West Tonopah, anC
in consequence there is a small de
mand for Great Western, on accoun'
Of its close proximity to the strike
II there be truth in the report Of tht
strike, this means much for Tonopah
as an entirely new district, hereto
fore doubtful as to value, will b.
added to the known producing grount
OF the district,
The trouble in the Montana Tono
pah Company is a regretable affair
and If the statements made by thosr
opposed to Mr.. Knox be true, as t,
his remarks about the small stock
holder, an application OF tar ant
feathers and a ride on a fence rail t,
the outskirts Of the town would b,
a just and fitting reward for the de
votion and interest (2) he has show
in handling the affairs of those VIII
have placed their trust and con
6dence in him. In justice TO Mr.
Knox, however, | would state tina
he positively denies having made tn
statements attributed to him. SucI
affairs have a demoralizing effect d
the stock market, aud it is to b
hoped that everything will be ad
lusted in an amicable manner, an.
that instead OF a quarterly dividen.
OF o 500, 900. 90, it will be a $3.50,
600. 90, the same as the Tonopa
Company's.
Watch the market. Interes
yourself in Tonopah, Goldfeld, Bul
frog, Silver Bow and Kawich stocks
Within the next 30 days there is a
opportunity open to you to bette
your condition by investing q fe'
dollars. Don't overlook it. Z
Write for particulars. NInforms
ton %cheerfully given. Reliabilit
guaranteed.
Respectfully yours,
J. A. MAGILL.