Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1907-06-29
ORAL COMMENT
TIE DESTINY OF TONOPAH

II there are any doubling Thomases in Tonopah Or out Of Tonopah'
40 have any fears with regard to the destiny of this camp, let him
mama. Here is the opening sentence of that interview:
III every mine in Tonopah were to peter out, an impossible thing to
contemplate, with the exception Of the Montana'Tonopah, that mine
alone would keep this camp going for the mex twenty years
Mr.. Bishop gave expression to this sentiment after an inspection OF
the Montana-Tonopah mine, the only one that he had time to examine
since reaching Tonopah. This was his first trip into this country, and
what he saw, amazed him beyond measure. He is a member of the San
Francisco Stock and Exchange board, and is besides, a practical mining
man. He has worked on the mother lode and is familiar with that great
ore ION He says that the Montana has two lodges either of which is
as great if not greater than the majority Of those of the mother lode.
The famous Utica mine, o, the mother lode supports a town of 1000 po-
pie, and he shows where the Montana-Tonopah, when running to its full
capacity will support directly between 1000 and 5000 people.
Montana-Tonopah is only ne mine in this great camp, and If all
this can be done IN her output what shall be said of the output of the
Tonopah, Midway, Belmont, Jim Butler, Tonopah Extension, and the rest
of the big properties here? There have been many who declare that the
life of Tonopah al a camp and with regard to her securities is gone for
the period of speculation has passed. Mr.. Bishop shows that the time
of speculation not only has not passed, but that the time for good
healthy speculation has not even arrived.
The properties in this camp which have not been worked at all, and
those which have been only partly developed, will now come into the
can be offered than the securities of properties along the strike of the
Montana-Tenopah ledge? What better chances could be suggested for
the development of a good mine? Who would not want to take a chance
in buying a low price stock o n the expectation of such a contingency?
The country does not offer anything better in the way of speculation.
Tonopah has the reputation for being one of the greatest camps in
the world for solid investment; and here is proof of where it is also a
camp for solid speculation. And the camp is not living on any reputa-
ton that she may have acquired She is living on her daily production,
and the people which that production supports. Anyone who knows aught
of that production knows that the prices of her securities are ridicuIously
low. We can judge of the future by only what we know Of the past.
We know what the stocks of Tonopah, which were once of a speculative
character, have done. The stock o. the Tonopah Mining company once
sold for SS 1S cents a share and others IS low as Is cents a share.
Why should there not be another Tonopah developed, another Mon
tanalTonopah, a Tonopah Extension, a Belmont, a jim Butler? There is
no reason at all why this should not be. Then why have the days of
speculation passed? When the present depression has been lifted, and
this must soon occur, W will see Tonopah take her proper place as the
viii come pouring into the camp Meanwhile, the mines of the camp will
literally support all who are here.