Show L M. M Mo SULI SULLIVAN AN TRUST COMP C ANY I. I s J V 4 j I PAID UP CAPITAL l' l r-L r ri L. L u M. M SULLIVAN SULLIVAN PRESIDENT PREDENT PRESIDENT I x I INVESTMENT I N V E ST M E N T DEPA R T M E NT T GOLDFIELD Q 0 LD F L D IN NEV EVA EVADA ADA DA LY-IY LY L INVESTMENT ESTMENT E N T DEPARTMENT DEPART M E N I r y Mining S Review w T The he General Situation The facility with which N da Nevada mining shares hare it at-it being do Ile- 11 the tlC Far Bar Francisco dK tel a abo and andt t bo h h tone tOhle of Wall nII Val Street Is perhaps per per- haps the tho moH inot remarkable fen In re lubo lu tu tob tub b bo noted In th mining share hare iare situa sIta- tion loll The Tho east cast an and middle le west vest are nrc apparently convinced convinced The Tho profits I 1 hiLt have ho e hen been made matle by hy early cOly Investors hives hives- s In tors In lii Tonopah and ami ld stocks together with th the tho sensational showing show log ing III boing luIng made In the tho tw mines at Bullfrog Bull Bull- Dul- Dul frog and Manhattan have ha e created create an nn ant t normous demand for or stocks in lii II the new lew W companies of oC merit that are being heIg be lC- ing Ig promoted from Crom mm Bullfrog and ail Manhattan Man Ian hala hattan and anti this demand fron from east enst of the tho Missouri 1 lh river Is so o overwhelming overwhelm overwhelm- o ing that It I completely overcomes o I th depressing ln effect of the calamity at nl San aim 1 n I Francisco With only rare exceptions all al of the Bullfrog companies have made modo good within a y year nr from ruin tho thin double standpoInt standpoint stand stand- point of nf mine development e and ada Hl- Hl 1 a in the tw market markl t price of stocks stoel I a and iid Manhattan a although suffering I from froni a plethora hora of or promotions Is making such a phenomenal showing shoving in Ill II Its us ls mines that within ninety lla days s 's sI It I Its mining stocks of proved worth may bo hI expected to lo repeat repeal the his his- l Pry y i in i arly ai Iy profit making of the Iho thC Goldfields and Bullfrogs Bullfrogs- frogs The ThC cautious lous c investing public I is apparently absolutely I 13 convinced that it i I Is getting a n run rini for or its Is money I in I Nedas NC The Tho ThC San Francisco exchange Board which for 0 upwards upwards up up- tp- tp wards of forty fort years has made the market quotations for fol nfl all ni the Coin Coin- Cor- Cor stocks h has q heretofore boon heen the tho scene lelH of if mo mn most t of the trading in fn Nevada Ne an mining stocks and eastern brokers have IH f been hen In the tho habit o of telegraphing t their orders to San Francisco for hI execution ex ex- The exchange was vas burned down on April Apri I and the Iho banks discontinued business making it ft Impossible Im Im- possible ihl for fO the tho brokers to go o on Notwithstanding ln time the sudden curtailment curtail cUtal ment of the these e facilities the tho transactions linus on tho the Now New lw York Mining Exchange Ex change l' l th the tho New York curb and the tho tw l l. l Jos os Angeles AngIes and Sail SailI Sai I Lake ako stock e exchanges which have ha C been in a largo large sense feeders fell feed ci CJ ers s for th the San Francisco Stock Ex- Ex change hango have hae ha c reflected no nn serious declines de de- dl- dl clines In an any of th the tho stocks and amiul such insignificant declines as us have hoe h been e made marh UI are arc currently accepted as temporary temporary tem temp matters mater only The rue Th disaster tins has however brought 1 sharply to the attention of Nevada Ne mining companies the necessity for eastern representation and several 80 or of the tho tl loading heading companies o of Bullfrog nd ohl m n j flounce that tho they thoy wUl w l Cilen open up tip p transfer trans tram fee fer offices in in Now New York orl and other otherwise other wl wise vise extend to eastern castern brokers in In their homo hOle ci city all tho the facilities that have ho e heretofore boon been leen enjoyed practically cally caly exclusive e by members of Limo Iho San Kan I Francisco Stock Exchange o Lard Board proof of Qt t the Iho the strength of or Iho he tl market marlet in l a Nevada a mining shares is found In the tho fact that when the tho San an Francisco disaster occurred theun the tho un bunks of au all al of tl time tho Nevada mining camps a ml had man many thousand dollars 01 on on deposit in lh the San Francisco banks and all al of or this money has hns been tied Hoc tod up LII Ind Indefinitely indefinitely few fow of the thc San Francisco Frau Fran Flan Flan- cisco elsen banks having resumed regular business since the the calamity Natural Naturally with so much banking capital tie tied terl up In this way wa Nevada Ne ada banks have hae hen boon compelled to cUtal curtail their time loans to some tole extent and In man many cases to to call in demand lemund loans loam amounting to tons of oC thousands o or dollars and the time w weaker holders o of stocks have o Ip in some seine cases caseN boon been leen com coin polled to throw them on the market before Ne Nevada Neada A I year ear 01 or two ago ago ro mining stocks wore we accepted at their luJe tuc worth by the eastern Investing In public this tills would have C caused a n panic now it is different different Hundreds of nf thousands of dollars are arc in iii I c hence lucre hero on the thc ground ready ludy fo fo Investment In class high clas mining se securities se- se and aul It I I Is an easy clY matter mater for Cor fh ho tIme holder of good stocks to lo receive at nt bust what they thy are Intrinsically worth however CV suddenly offered und and nd nn no matter matI In irm what size blocks Here Hereon on nn time ground investors nr are in a u polion position po- po lion lo tn I learn h by per personal onal examination examina tion the exact situation of or the tIme various properties and the outside public 1 is not lint lot without means macann through trusted agents to In learn learl th the tho exact conditions It I in i a remarkable fact fart that thal with witha wih H a very vry few fw exceptions no attempt h has boon been made by hy promoters of oC new now and Manhattan mining mining companies com coin to put al all inflated valuation on ont t their heir hC securities and the lie pu public lc In fn Info fo reven ln t n ca out of oC ten ton has boon been able to hl buy into new JW properties of morlton mArl on a L fr very ery near 1001 to cost bais basis The ril of this has been iwen that thai quick profits profits pro pro- fits fiM have lave been made rare b by investors 11 and ant speculator and In iii most cases caes 11 It I has boon po possible J l to obtain a profit roHl on the tho the il I 1 investment within a n period o of ofa a month h Every Evemy 1 company on Bonanza Moun- Moun ln in Bullfrog has experienced a u steady leady advance unc nd In time Iho mall market t value of I I Its shares Bullfrog Eclipse was wat ra put 11 in lo to U tim the public at al 15 cents per pel nan and anel Is he now selling eUng above o 1 1 Denver ln I wa was vas originally alY mire mire- a at I 25 r i U a and lul is now soiling selling above ahm Bullfrog Tramp ramp was sold said al at JO 1 O 0 cents it i Is iM nouv no In demand 1 20 Bullfrog Bot hoa Bo- Bo t a T na Mountain was put out nut to time the public at 15 cents within tIme tho J past t six ant and W tM already welling selling al at t an nn Hh n of nt i 00 per PI cent A tn en t other II hI iier of this kind html could coule be id tiled in Bullfrog In Iii Manhattan the Iho conspicuous rc- rc lct ni c-ni s 8 in his regard WOR JuanIng Juan Juan- rC 1 Ing Inz ta Taek k which was put gut quI to o lime Iho i it at t 30 cents and within I two n l 19 ray davs VS nf fit fr I th the t close hise of Inns IP loss Ims weeks was wa va on I than six ix ng ago j tl the San 1 Frd Francisco CICO Stock Exchange Wiry I I at l 10 tO cents Consolidated Con Con- so which was earlier put mit out to LU tIme thc public at tt t 25 G cents has sold as i I high W jis lai Manhattan soe DC Dexter ter nt j which was W K as put pul out to the thc public at al 21 C cents It has sold since a at above 1 rho ho L. L M. M 1 Sullivan Trust frust lust company In lii the capacity of oe fiscal agent for fo mining companies of known Il merit I I has haM IU successfully placed during during the past palt ninety ty days shares of the t stock sock of the Jumping Jack Juck Manhattan Mining liming company compan at aL 30 31 edits cenis and shares of the j Do Dog Manhattan Mining company company com corn pany at al 55 fr oa I It is now tl ing lug of an nn allotment of or ors if s treasury treas treas- lr ury shares caf of the Bullfrog Rush Huh Min ln- ln lug ing Jug company LY at tl 50 also allo OOOO shares C u of Indian Camp Manhattan company Aiming at- at SO at O cents comits Investment in Iii stock of both hoth of those these e companies I is strongly recommended W Wo Vc believe Jle e that Bullfrog Rush Hush Min Mimi ing- ing Ig company stock tock at 50 GU cents cenis per hier CI CIhal share hal and Indian Cam Camp Manhattan Mining company stock toce at nt 30 31 cents per share are an two o of time the hc best t In buys s of Iho Uw year 31 Th The Tho subscriptions for fO stock In of or those these companies will wi positive I ly close Io e about June 1 I although It I Is not hilt expected that lint the time allotments will wi last last- that lon long All Al offerings 8 arc are made mad subject to lo prior sale ale and ami those thoc wh who wl wish h to partake will viii wi find it I a wise vie precaution Jo to tle telegraph l h the lie L. L M. M t. t Sullivan Sul nn Trust TI-st TI Company their heir reser- reser alO of shares in fn either company I Bullfrog Rush Mining Company I Our Oum Mr L L. M. M 11 Sullivan Sulvan to together with wih Mr lr r John Juhn mm I D I Cain Campbell formerly I mana manager er In n Nevada for Chas LI 11 1 Schwab and amI John McKane and several officers of nf if the he Trust company i I Bullfrog last lasteel eel week and in inspected in- in I the Bullfrog Rush Hush properly A 4 mill full ful report dictated i by hy 1 Mr lI Sullivan Sulli Sull van and anil the he result of his observations ns and Inquiries Is embodied em em- bodied in lii this Market Review He and amid a careful perusal al will wi con e convey not nol only an idea ila of IC the o of the Iho Bullfrog Bull Bull- Bul- Bul fr frog fig itu h property but ut will wi communicate com corn to the lie thinking Investor the lie ther thereal r real l pos for profit prof prof- it that an investment in In Bullfrog Hush flush Milling company shares at at the tie original flotation price of of 50 10 cents cl 11 Time Tho company Is incorporated Hh vitha a a a capital toc-k toc k of or shares of tho par nUL value alue of oC each cacho Of shares arc ale owned u by tho time t-e t treas treas- s- s tim ury Tho other million milon shar shares s are arc re tho have contributed to tf pay PY for tor the properly properly prop prop- eI erly ty arid and turn lurn It Il over U O to to the tho company fief fre r of encumbrance of or an any kind The Tho following is the directorate JOHN S S. COOK President lr President ld nt of or the tl John S S. S Cook ConIc Co Bank Banle Nov Nev ev THOMAS S S. ROBINSON 1 I Vice President Director of oC the Jumbo Mining Compan Com Coin Nev pan pany L. L M. M SULLIVAN V AN Tr TI Treasurer PJ President of or the I 1 1 M. M J Sullivan Sulivan Trust Company Nov Nev I GEORGE GEOUGE M. M L BROWN Secretary lION HON JOHN SPARKS Director Governor of or the Iho State of Nevada J. J J D. D CAMP CAMPBELL ELL evula Director Consulting I lug Engineer fd formerly m erly Engineer Engi Engi- EngI- EngI I neer rI for 01 Schwab and amid McKane P PROF 1 GILBERT E E. lAILEY BAILEY E. E it M 1 IO Ph D D. Engineer In Charge The rue company owns own outright four ruIning mining claims or 01 SO 80 ac acres s on oui Bonanza Mountain In th the tho Bullfrog mining district dis Us- ls- ls trl t. t situated within half hal a mile mie of the lie town of Rhyolite The claims are arc tw ne known elo as the Rush Rush No 1 I In Inde Index In- In 1 de dex ro No 1 1 1 and Keystone I They hey ad adjoin adjoin ad- ad ar- ar join those o of the Bullfrog Denver Mines Minos Company and amI the Peerless Mining Company on the tho north They Dr are bounded on tho time east cast by tho lie property prop prop- erty lt of or the time D m Mountain Golf Gold Mining Company Por upwards of if a year yar the Rush Hush Group of rif claims had enjoyed the lie reputation rep rep- of oC being boing of oC the greatest undeveloped properties In In the Iho district Tic The price put upon these claims by bytho byth th time tho original locators was far fa in excess ex cx- x- x cess of that put upon ullon any other prop- prop In Inn the district the district the the Montgomery alone excepted Development e work worl was commenced fn on the tine Rush February of Ir this year Since then one of or the tho the greatest ore ie hodl bodies over ever opened up In Iii Nevada No alla has hat boon been disclosed clo fd rime Tho following statement nt by L. L L. L M M. Sullivan President President dent of the tho L. L M. M 11 Sullivan Sulvan Trust Company Com Corn pany written alter his recent examInation examination exam exam- of oC the time property is 11 a comprehensive compre compre- om pre pre- review low J of what is now transpiring trans trans- tran- tran on OU tine the ground ground- Development h. Work 11 to a May 11 1st lung i I HI Unfit tiei h 1111 n Mining i iii Co Cu Work Commenced Feb Ib 7 7 Number of Minors Miners Employed Nl 35 to jO 10 J Consulting on En Engineer lne In Char Charge Cliare e l Prof of Gilbert E. E B Bailey Thum rino Superintendent Samuel Boston loston Number jf feet foo of Tunnel Work Dono Ione fot 1055 1066 feet Number ot or Re Foot Feet t of Crosscuts v v feet fee All Mi Al work oJe clone iora dor for yr the pl purpose o of exploring tin this w length an and character of ot veins eln Vl VEINS VI ln 9 Veins ru running mining Pro Pro- frt orty V VeEn lh Vein A Arm An- nI n- n I mux X v n. n Venture V Ht I. I I vr u Opened up and aHI r. r O to to run rUI through entire Rush Itushi lengthwise e for or o. o a 0 distance of v ANNEX EX X V VEIN VEIN IN T.-ced T. from J Ella EllaMay la May which adjoins into Rush No I 1 Ian P of this iris vein In in Rush No 1 I claim not yet deter deter- LiLe work wol done on VEIN Traced TIace from 1 f Bullfrog Denver Mines ground Into Inlo Keystone claim of Rush Hush I Group PelI Persistency tenc of oC this his vein on oni i Rush Hush ground riot not yet yel determined Littie Little Lit Lit- tie tle te work dOle done D DENVER EIt P H VEIN VEIN VEIN-Tue The famous anions Denver Den Den- ver em eI vein which i Is 18 opened up UI on un Bullfrog Bull flo frog log Denver Denn r Mines Company Compan ground and at rut the lime foot lev 1 is JM 10 feet el wide and ald gives c an nn a average ah assay of r ro per PI ton opened up on 01 01 Index Claim of Rush Property properly for distance o of feet Tunnels III S 'S a fluid 11 CIO Cro- cut I i TU TUNNEL NO 1 I. I Index Claim of fC if Bullfrog Rush Mining Company Compan In Iii I 10 to feet driven en along han hanging valli nil all of If f Denver Den lI vein train Iron near surf York Work V tk still In Iii cap lel rock Shows string string- ers IS JS of or ore ole with milling alues TUN TUNNEL EI NO 2 2 Index CI Claim II In foot fool feol Being driven on 01 Denver lenver Del r vein ven vennea i inear near nea surface going through h cap rock I n. eal reveals cue on of if milling value alue for foJ en entire cn- cn tire Ure length can caum be lie had almost al almost al- al most anywhere in iii this tunnel TUNNEL Er NO 3 3 Index Claim Ill In I 12 2 feet feel on aim n Denver vein following foot fool ll a wall 1 disclosing your vein ln to lo be lie 35 to ln 10 40 feet reet wide sanie same m Wih width tim |