Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1906-10-13
ABOUT The
STOCK MARKET
Impressions of Local BrOkerS---A
Boom is Expected

matter OF vital importance 10
the public of this city is the market
situation. IN order to that our
patrons may have an opportunity of
knowing how the existing conditions
are interpreted by the local brokers
Bonanza representative called at
the several stock offices and elected
the following information:
Mr.. Henderson of Kenneth Dom
nellan: "Tonopah securities are, in
my judgment, showing good strength
as evidenced by the recent high
i prices in the leaders. This advance
is sure to carry with it the other
stocks. There is no doubt in my
mind but the heavy buying of Green
water securities is responsible for
the sluggishness of the market for
a while back, asthere was considera-
BILE liquidation in Tonopah, Bullfrog
and Goldfield stocks, the prices re-
ceived being Immediately reinvested
in Greenwater securities. The heavy
slump in copper in New York last
Tuesday had the effect of creating
considerable concern, and since that
time gold stocks have held the
market. There is one thing that is
{ always pleasant to a broker, and
that is to see the local market
sympathize with the East. 1t is a
healthy sign, and this fact has been
very marked during the past week
am confident that this winter will
see the greatest boom in Southern
Nevada securities ever before W.T.
messed.
P. j. Cadogan; 81 am most opti-
mistic and have been studying the
game very carefully Stocks are
just beginning to go up, but before
the winter is over you will see
prices at figure higher than any
one dare dream of. The whole fact
is that the Greenwater craze has
thoroughly unsettled the market an
people have been throwing their
: Tonopah, Goldfield and Bullfroe
= holdings over board in order to
realize so that they could invest in
= copper stocks. / think the rush is
y now over and the market is already
: much healthier. When the Midway
), and Montana mills get working and
y the one at Millers is going. look
. to see the leaders go way up
That is sure to come, you will see
Tonopah Mining Company stock sci.
: ling at 40 before six months are out
= Mr. Sheldon of Dulfer & Sheldon
| can pretty near tell you my opinion
:, of the market in ten words. The
" reason of the depreciation in loca
securities is due to the fact that
Greenwater stocks are in such de
mand. | consider this as a matter
of moment only. The mines in this
section are in such good shape tha
! the near future will see the securi
- - ties at their proper figure. In fact
| look for boom at any time now.
Don c. Aldridge of d. G. Aid
!, , ridge & Co.: During the early par
: of the week there were heavy selling
" orders on Tonopah, Goldfield anC
: Bullfrog stocks, while we had an,
= number of buying orders for Green
water securities Later on, how
. ever the demand for Greenwate
fell off and the wise ones begal
giving orders to take to the limi
y on all Nevada stocks offered, bu
= not to bid Thus indicating tina
they were taking advantage of tn
" stump to pick up punches good m
=, cheap without exciting any grea
market. The local people are file
y up on Greenwaters, but the East g
> after these copper stocks like wome
to bargain counter
~ Mr., Lawson of Naylor & Lawson
Il have not much to say on tn
question but l firmly believe ths
- we are on the eve of boom, tn
:, greatest we have ever seen"
:, H. e. Epstein of H. E. Epstei
!. = and Company: You will see a bi
y Improvement in the market in da
~ or two. The Tonopah leaders al
~ strong, and there is steady d.
- mand. Greenwater stocks hay
- caused considerable liquidation
y 20 gold securities, but the copper slum
- in New York this week has cause
-, a falling off in buying orders. I'll
market has been more or less st
IN ''0'' W 'iie' anu 'ie s'
ling of large blocks of Southei