Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-08-05
MAGILL'S MARKET LETTER
The Weeks Movement in Stocks
and work in the Mines.
ToNoPAn, New, August 8, 1905.

week brings new features of the
mining industry, larger and richer
bodies OF r are being uncovered
daily. new and larger plants of
machinery are being installed, the
%broadgauging of the railroad is near
ing completion, the new railroad from
Tonopah to Goldfield will be COM
pleted within 30 days, insming cheap
transportation charges on ores, hun
dreds OF thousands Of dollars Of rich
milling ore is on the dumps awaiting
shipment, the treasures Of most OF
the companies are well stocked with
cash, and handsome dividends are
being declared regularly; in fact
conditions prevailing at the present
time could not be more favorable, and
it is only the season OF the year, and
the stringency Of the money market
that keeps prices down. And prices
nav continue to decline for the next
30 days, but one thing is certain,
they will rise, and / advise those who
intend to invest in Tonopah, Gold.
field and southern Nevada mining
stocks to make their investments
now. Read this letter 80 days hence
and see If my advice is not good.
You cannot make a mistake by in.
yesting at the present time.
The town of Tonopah is assuming
proportions of a city. A waterworks
with mains throughout the town has
been installed, a sewerage system is
o being placed throughout the
principal streets OF the town, there
are a number Of handsome three
story stone buildings in course Of con
struction, large ore houses and per-
manent structures are being erected
at the mines, the population is in
creasing daily, and it takes only a
moments thought TO ~conYince your
self that such large Investments
would not be made If the mines were
not OF proved value. IL is needless
to say any more about the mines Of
Tonopah and Goldfeld districts. They
are here, easy Of access and open to
the inspection Of the public, and IN
them there is ore Of such richness
that the value Of it can easily be de.
termined by any person Of ordinary
intelligence.
The new strike at Manhattan is
attracting wide attention, and sew
era Of Tonopah's most prominent
mining men have become heavily
Interested in this new and wonderful
district. This camp lies about 60
miles northeast Of Tonopah, in the
Toquina range OF mountains, and ac-
cording to the assays the ore uncoy.
cred is exceedingly rich.
Silver Bow, Kawich. Ida, Tokop
and Gold Mountain, all adjacent to
Tonopah and Goldheld are again
being opened up after an idleness Of
Is OF twenty years, aud some of the
old mines are proving Of great value.
advise the purchase Of cheap stocks
IN these districts. With improved
shipping facilities it. will take but a
Few months to put the mines of these
districts upon q paying basis, aud
these stocks will rise IN price as did
the Ionopah and Goldfeld stocks.
A mine az Silver Peak, after lying
IDLE for years, las been opened up,
anil placed upon IL, and is grinding
out large quantities Of gold each
week They have ore enough ia
sight to keep this mill running Tor 30
years. Think u the handsome divi.
dends aud steady income this means
to those who purchased blocks of this
stock at a small figure. At Tokop
the same thing IS true. aud stock IN
one 81 the companies there is now
selling at Sl.d7, which was placed ON
The market at a few cents. At Ida
the old Florida mine, worked 30
years ago, has been re opened, and a
hive stamp mill is nov handling 10
Ions Of ore a day, that will average
wv per ton, and they have thousands
oil tons Of ore in sight The property
was purchased from an old timer
who has been at Ida for thirty five
years, and after standing idle for
over 10 years, hr accepted Slj, 600
Tor u. The mine could not be bought
now Tor iaIf a million.
tf NA'Fi.f'H r. fNIN'A lNlIII
IKE the above, aud you can get ia by
placing a small amount Of money with
me for investment. Your chances OF
losing are very small, and your
chances Of gain very large. am on
lhe ground with ~ eye on every turn
lhat IS made in these new mining dis
tricts. Let me invest 4 few dollars
Tor YOU aud see if YOU don't make
money, Watch the market. litter
est Yourself IN Tonopah, Goldheld and
southern Nevada stocks. They otier
tne greatest opportunity in the
world TO small investors, and by get
thg ~ early your returns will he
larger.
Write me, Information |cheeriulIy
gwen, aud reliability guaranteed.
j. A. MAGIGI"
Box 80, Tonopah. New.