Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1907-10-12
MAKES FORTUNE
IN STOCK DEAL
..TEX" RICHARD CLEANS UP
THOUSANDS in ONE DAYS
TRANSACTIONS.

ard. Just G. r. Richard is not suf-
hcient to describe the maj and his
remarkable good fortune and bust
ness Judgment. Lucky Tex Is the
name that he will be known by here
after.
And as a reason for the rechristen-
ing of the broker, %financier, mining
magnate, fight promoter and all
around popular and successful bust
ness man, may be stated that Mr..
Richard is today a richer man than
he was last Monday by $4,000.
a sum as large as this is not made
in a day. The average man will toll
for a lifetime without earning or Sc
curing as much money as this, but
the local broker cleaned up approx
mately this amount in two days.
Richard is the promoter Of the
Rickard Ely Mining company. He
has managed the affairs OF that COM
pany since its Incorporation, and with
Judgment, The company is develop
ing and exploring its properties sys-
tematically. Rickard is in the clos
est touch with the conditions Of the
property.
His holdings in the stock were
heavy, but a few days ago, rather,
to be explicit, on last Monday, he be-
gan to quietly buy in all Of the stock
that was floating about the district,
and in other towns. In all he in
creased his holdings to $4,000
shares. The greater part of this
stock was picked mp close to the p.
cent mark.
Developments began to show up
yesterday. The buying had attract
ed a little attention. An inkling that
Richard was trying to corner the
security got abroad late Monday
night and a few of the wise ones fol-
lowed suit and bought. This boost
ed the stock up a few notches.
Among those who bought heavily was
Thomas Rockhill, the pioneer Of pio-
neers OF this district, who gave buy
ing orders to his brokers, and round
ed up 5000 shares. This roundup
was consummated before the stock
really began to go up, and Rockhill
stands several thousands of dollars
to the good. as a result of his wis
dom and prompt bess,
Richard succeeded in rounding out
his holdings to $4,000 shares, and
the stock was listed last night on the
local exchange. The demand for the
security started off at a merry clip
and in no time at all, the stock
jumped from Al cents, which was this
sale price of the first lot transferred
to 46 IA cents. at which price tht
last lot was sold. When the cal
closed offers Of a. cents We're mad,
for the security but none could b,
had at that figure.
After Rickhard had completed hi
coup and had added a fortune to hi
already plethoric bank account, /
was learned from workmen employed
on the property that the churn drill
which has been operating on tn.
property at a distance OF only a fey
hundred feet from the Veteran shat
of the Cumberland Ely Copper CON
pany, had encountered a big body Q
native copper at a depth of littl
more than 1000 feet. The nativ
copper body is said to be one of tn
largest that has been drilled throug
up to this time.
This fact gives the motive fc
Richard to engineer his killing
and convinced the dealers on chang
that there was method in his mat
ness" and not madness in his metl
cd.
1t is understood that a shaft wi
be started at once at the point whel
the drill uncovered the native CO.
per.-White Pine News.