Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-06-10
AIMS-SUTRO co., inc.
Market Letter and Weekly Review
Of Stocks in the Districts.

though a slump in all SECURITIES -
but natural during the summe
months and holidays, the decline
has been even more general than we
have anticipated, owing to the facts
giving to our clients in our past
mraket letters and once more we
wish 10 say that all leading Tonopah
and Goldfeid stocks are now pur-
chased mad that within thirty days
we predict a tremendous advance IN
all Of these stocks.
Tonopah Common has held eA-
ceedingly firm around $3.50. This
is one Of the exceptions which has
held strong against the general de-
cline.
Montana Tonopah has sold as low
as $2.70 and at this price we IA
with every confidence advise its pnf-
chase for as far as the mine is con-
cerned it has never looked better
and a purchase at this time is Sc
curing a positive bargain,
Tonopah Midway is another stock
that has reacted to $3.50 and only
cause which we can attribute this
10 is that there has been an accident
in the mine that was probably dis
torted in being sent out, This IS
another stock which We can not too
highly recommend.
Tonopah Belmont remains rather
firm at $1.15. Another shipment
Of ore is daily expected and when
this occurs the stock will nature
ally go higher.
Jim Butler within the last week
has had a strike of considerable
Importance on the Wondering Boy.
This we intimated last week in Il
letter but had no yeriication out
side of rumors. 1t has now been
verified and with a body Of ore run
ming as high as $4,000 per ton we
can not see why this stock should
not be selling shortly far above the
dollar mark. But 1t a tonee.
Golden Anchor since Il last
weeks letter has held very firm 4
large amount of work is bein gdone
on this property and we confident
" advise its purchase.
Tonopah Extension also comes
under the head of a bargain. Dur
ing the present week it has sold as
low as $500 due to no other cause
than the general reaction which has
set in. The property has never look
ed better and with strong people
who are mostly interested makes 1t
Gre of the best investments in the
camp.
Tonopah North Star upon the NJ
rival of consulting engineer Gillies
will resume work, when we predist
a considerable rise in this stock.
West End has again reacted and
is o selling around 65 cents.
This stock is extremely sensitive
BONANZA A
owing to the fact that there is but
10000 shares in the Company the
majority Of which is held by ex-
tremely strong people financially.
This stock is one of our pet invest
ments and we can not too strongly
recommend its purchase.
The Monarch Plttsburg Extension
Mining Company for which we are
fiscal agents has still a small block
of treasury stock for sale at %
cents. The Company is making
great progress with its work OF
erecting a steam hoist and gallows
and a purchase now of this stock
means from SO to 100 per cent
profit within the mex sixty days.
Ohio Tonopah has had a consid-
cradle rise owing to the fact OF the
company %uncovering a ledge of ore
averaging $4,000 per ton. We
have had our expert at this property
and upon his advice and opinion
we recommend it to our clients as
a cheap stock at its present marke.
value.
Tonopah Gold Mountain: SUPER
intendant Wilkerson upon being in
teryiewed by us reports that the
Mountain never looked better and
that the ledge which was recently
uncovered is now well defined and
in place and as soon as milling fac
ilities reach Tonopah this property
viii be a big shipper. Buy at once.
The Goldfield stocks have closed
even weaker than the Tonopahs with
the exception of Red Top, Jumbo, and
Diamondfield. A strike Of consider
able Importance has been made on
Sandstone, which should materially
advance the price at all stocks in
that immediate vicinity, ie.. Kendall.
Sandstone, May Queen, Nevada Bow.
and Goldfeld Dominion.
Jumbo has sold as low as 73 cents
and at this price it is a purchase ms