The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1919-04-08

mine owners, and start them to looking for publicity while the looking is
good. Publicity is just a long way of spelling profit in the mining game,
rs the sands of the desert. Mining lei Of this county would in n way
detract ron the glory of the Divide. But great a the latter undoubtedly is
it is doubtful if what it has to ofer ian satate the great appetite for mining
nvestme which has suddenly sprung up. There will be, in other words,
commanded by Divide stocks at the present time, but who would like to
take a chance in som smaller mining venture-just because mining is popu-
lar right nov But to revert to the letter:
TO devote about 20 per cent of the space in each weeks market letter
to advice to buy into a line of stocks, is n o small responsibility o. the part
of any Wall Street financial and brokerage institution; and when the course
Isl so amply justified by the quick market response which registered the rise
OF Topopah Divide from around $3.50 to d high of $40 in a few weeks of
Brougher Divide from 60 cents to $262z, and of Gold Zone Divide from %
ents to Is tents sin the same period, W e feel like accepting all the bouquets
that III way and then feel like returning the favor because of the
absolute proof afforded that readers of our market publications ire Sc prone
to follow our advice"
After favoring the reader with a description of the enormous oebody
opened in the Tonopah Divide, the write goes IN to institute a comparison
with the ComTocks, which are the criterion of all subsequent mine develop
in this State. ION the Comstock," he says, "the stock of the Big
weeks from 50 tic rel $1,000 a share. Sierra Nevada shares, representing
a neighboring property, jumped within the sam time from a few dollars to
mor than $4,000, while Best & Belcher sold from SO up to about $500 a
share. For purposes Of comparison it should be borne in mind that the
Comstock companies were capitalized for 100 900 shares each, so that $1,000
for Consolidated Virginia would be equivalent to about 500 a share for
Tonopah Divide, which has an issued capitalization of a little more than
100000 shares.
1.-THE riches that have beer poured forth from the comstock, Gddhed
Leadyile, Cripple Creek, Tonopah, and other precious-metal mining districts
in the United States have been poured into the laps of men who we're for
merly poor. No milionanes to the manor born, so far as the records show
we're ever in o a single N of the good things at the beginning or at any
i'm ear the beginning. The moral here must not be misunderstood. It
is simply that the nations great riches in the precious metalso W their
being to the hazards of life and treasure of men of moderate accumulaions;
and these, history chronicles, have shown the way in every instance.
In conclusion, We briefly summarize the opinion of a prominent mining
engineer who recently visited the Divide camp in a professional capacity
and who fol- that reason cannot permit his nam to be FUSED in this connec-
ton He declared that it is entirely within the range of probability that
Tonopah. with the ground still undeveloped in the old part Of the district
and the vastm mineral treasures lying in the e Divide section, will eventu-
ally equal the record of the comstock. He recalled the fact that the Com
stock, the greatest Of III silver gold camps. had a production of abou $780,