Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1906-03-17
MANHATTAN IS
A BOOMING CAMP
Bronco Company Makes it's Final
Payment --= Many Good
Sales are Made.

Fl. A. Mccormick, the Salt Lake
banker, purchased the controlling in
forest in the Stray Dog claim from S.
d yermilyea for $500, 1000.
The third and final payment due on
the Broncho mine in June was paid on
the 9th inst. by the Directors of the
Broncho Manhattan Mining Company,
which now own absolutely, without any
indebtedness, that famous property and
50 acres of splendid ground in its inn
mediate vicinity. The directors have
already commenced operations by the
sinking of double compartment shaft
which will be equipped with fine hoist
ing plant, now on its way to the prop
erty. On two leases high grade ship
ping ore is being saved, and in a very
short time the Broncho will be one of
the great producers of Manhattan.
AS we go to press the following tele-
gram from Max Junghandel to the
BONANZA is received: "Another sale
of Manhattan property above the hun
dred thousand dollar mark has been
made, the Minerva claim, having con-
tinuation of Manhattan Consolidated
and Pine Nut ledges, being sold by
Ridge and Amigo to a syndicate headed
by Joseph B. Dabney. Will incorporate
Manhattan Minerva"
More strikes, more rich ore, more
shipments, these are daily occurrences
in Manhattan. The stocks are BOOM
ing on merit. Tonopah, Goldfeld and
Bullfrog stocks established a record for
sensational advances, but the move
ments Of the shares of the leading
properties in Manhattan district easily
eclipse anything of the kind known in
Nevada or any other country, for that
matter.
Without any exception, every fotation
from Tonopah or Goldfeld of a Man
haitian company, to date, has advanced
in price since the first offering of treas
ury shares. This may be regarded as
not short of remarkable when it is re-
called that but few Of them are more
than six weeks old, and ten weeks ago
was the earliest that any Of the stocks
were offered to the public. One Of the
notable features of the trading in Man
haitian stocks is the fact that the
bulk Of the shares has been purchased
by Goldfield and Tonopah mine opera
tors. For the most part these in.
vestors have. made fortunes in the
mines of the two older camps, and have
representatives on the ground to keer
in close touch with the developments
and progress made with every large
property in the camp.
The local brokers say it is more
difficult to buy Manhattan stocks thar
to sell them.
A good sized shipment Of ore from
the Manhattan Cowboy Mining com
pany is about ready to be loaded on tn,
wagons to be taken to Tonopah. Tn,
shipment consists Of screened dirt takel
off the surface Of the Iron King CLAIM
of the Cowboy company, being prac
tically shoveled from the ground int
the sacks. This dirt will go in tn
neighborhood Of 500 per ton in gold
This process of dry placering extend
over an area of five or six acres on tn,
Iron King claim, and as the cost Of put
ting the rich dirt into the sacks is yer
slight, a handsome profit will be mad
from this novel way of mining.
East Manhattan, situated about thre
miles east of the camp Of Manhattan,
coming to the front in good shape
There are already about rs people liv
ing at East Manhattan, and applicatio
has been made for a postohice at tina
point. There are two stores, tw
saloons and a restaurant in operation
and the outlook for another good tow
is exceedingly bright. Contract ha
already been let for five-stamp mil