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Show IS !j A Strong Firm of Stock Brokers and Mining I f jl Promoters that Has Contributed Much ! to the Development of Nevada mf f i w f Every one in the United States of school age HHi -L ' ' j has heard of the "Days of the Corastock." The Hffilf i , I ' j excitement of the palmy days upon the famous Half ' ; 'J, t Mother Lode of the Comstock is being repeated Hn I ) I sj f; in the world's greatest gold camp, Goldfleld, Hlj ': ,' and this fall more fortunes have been made In H i i, ; tj5 Nevada mining stocks than for any like period HN i ' ; v since the early '80's. And while fortunes have Hw I , : t; tr already been made and are being made daily, the Hh I ' $ 'H' Fickle Dame will continue to smile upon those ffl I ) jt ' who invest right in Southern Nevada stocks for Hi I ' ' ; some time to come. The great mining camps of flB ; t'j I the greatest mining State in the Union are in HBr . , 1 their swaddling clothes, as it were, and the de- flHn ,' jj i velopments of the next month, the next week mM ' ' f7! tomorrow may make millionaires of those who HIP fortunately took advantage of the opoprtunity and HH '; ! ; secured stocks in desirable properties. Dfl j '".y. :fj There could be no better evidence of the con- H ' ' dence with which traillc in mining stocks of No- HH ' ' 1 ' Vada's camps is regarded by the investors of this Hg ' ' , (i j State and the outside world than the fact that the Hn 't ' Jfl considerable number of brokers making these Hnjj i , , iff stocks a specialty are reaping a rich harvest for HH 1 - i $ Hi themselves and their clients. Capital does not Bi ( ' ' t w Hi soek wnProfltaul investment, and brokers who I I ul navo 110t tliat to offer wIlicu wI11 yleld a bountiful i ' ' 'I 'HKI return must seek another field of enterprise. Not B3 ' ' SI' 80 tlie brokers and promoters of Goldfleld, Tono- BHa 1 i'lff l)nn Greenwater and other ot the State's camps. Hfflf ' 1 y Their beginnings, as a rule, have been modest in Bf , the extreme, but the growth of their business has , ' ''M'- kept pace with the marvelous development of the Hw 'J f I"' districts in which they operate, and the constant- H: ' - i"!'' I! ,y increasing demand for Nevada stocks, from the ! -. ;$S jj Greeiiwnter district on the south to Fairview on t l i3 I the north, and the men, firms and corporations IB ' ' H'il which have ofllces in the mining centers, enjoy, HB i "i f; v without exception, a prosperous and expanding HH i .; , -j H 1 business, the measure of success being determined Bjj ; . ' i'i t only by the ncumen and astute business perception Hh jj v I 'I which must affect results in every field of enter- JjHj prise. In view of the above, it is indicative of the Hi , . ''-j, !; I'll j existence of business capacity of a high order in jHf i ,M the individual members of the above corpora- fH'; 1 :J ' tion that the L. M. Sullivan Trust Company have H I ' ' y attained to the distinction of occupying a place B i ' - II in the front rank of the brokerage and promotion jH i 1 I Ha firms, not only of the State, but the entire West ' .'jS, The brokerage and promotion business of this HB f11 lm': largest and most successful house was established H: ' ' 'I- mii't le8B than a year ago by L. M. Sullivan, president SHj' f wmf of the company. An extensive experience cover- HH' . lUl.f ing many years in the West proved invaluable to 19 Hr IBi Ir Sullivan In launching his business, an enter- 1' S 1 'Im ! prise which has done more than any other one IH' I T'lHlXl agency to make Nevada's great mineral wealth H' ! II ffi! known to the world. The first thing he did was to 'm inP secure the professional services of Mr. John D. B' i vfn '! Campbell, an eminent mining engineer, who i Hi1 ; "-lilH an acknowledged authority on mines and mining. IHi I ' 'ira Mr- CamPbell was connected as consulting engl- HH ll'Hw' neer with all the early successess of the L. M. Bl 1 iiS !W Sullivan Trust Company of Goldfleld, and of John Bl I iB'iv McKane's investments, as well as the extensive HI 1 sB'Sl investments of Chas. M. Schwab, the steel mag- HBi I iB fm nate' and n0 mlnm5 PrPerty Is taken on by the BSt t - iBIlE1 L" M" Sulllvan Trust Company without an ex- Bk: I ifflll haustive personal examination and the endorse- BKj mL ment of Mr. Campbell.' Jumping Jack Manhattan Mining Company. In February, 190G, the management of the Company launched its first promotion. It was the "Jumping Jack Manhattan, and was placed on the market at 30 cents a share. This was promptly prompt-ly taken up and the stock over-subscribed for. It was very shortly listed on the San Francisco Exchange and the New York Mining Exchange, and within one week from the close of the subscription sub-scription books Jumping Jack Manhattan was eagerly sought at 40 cents a share. Since then it has advanced to 54 cents, at which price it is quoted as we go to press. The properties owned by the Jumping Jack Manhattan Mining Company are the Jumping Jack claims in Manhattan, adjoining ad-joining the Stray Dog and Union No. 9. All three of these properties are shippers of high-grade ore. At the time the Jumping Jack Manhattan Mining Company purchased the Jumping Jack claim, the mine was shipping ore to the smelters and regular returns were being made to the treasury of the company. Since then the company has continued its development work and shipping and the showing show-ing thus far made substantiates the favorable report re-port made by the company's engineering corps. A vein as wide as a room In an ordinary dwelling house has boon opened up at the 150-foot level and returns gratifying assay values in milling ores. The equipment of the mine consists of a 35 h. p. gasoline hoist and the necssary houses and buildings for the conduct of the company's business. Sinking on the shaft has been vigorously vigor-ously prosecuted, and it is the Intention of the management to continue to the 300-foot level, which they hope to reach by the first of the year. From this point crosscuts will be started to again cut the vein and ascertain its width at that depth. Stray Dog Manhattan Mining Company The success of the L. M. Sullivan Trust Company's Com-pany's first promotion in the district was so marked that a second property was secured immediately, im-mediately, adjoining the Jumping Jack. This was incorporated by Vormilyea, Edwards & Stanley as the Stray Dog Manhattan Mining Company, and to secure control of this avluable property the L. M. Sullivan Trust Company paid Vermilyea, Edmunds & Stanley $160,000 cash for 320,000 shares of the stock. This stock, added to the stock of the original locators of the claims, which the L. M. Sullivan Trust Company secured at the time they bought the Jumping Jack, gave absolute abso-lute control. Stray Dog stock was fioated at 55 cents and has since sold up to 74 cents a share, that being the quotation last Thursday. The highest high-est grade yet found In Manhattan has been opened upon the Stray Dog. At the"135-foot level, a crosscut cross-cut disclosed an 8-foot vein of ore which gives the handsome average of about ?57 to the ton, with streaks running through this 8-foot vein which will run as high as ?1,000 a ton, or 50 cents a pound. Work on the Stray Dog Is being pushed with the energy characteristic of any property coming under the influence of the progressive management of the L. M. Sullivan Trust Company, Compa-ny, and every day brings forth interesting developments devel-opments as the property is further exploited and opened up. Indian amp Manhattan Mining Company. The Indian Camp Manhattan Mining Company was next on the lisf of promotions made by tho 11 L. M. Sullivan Trus- Companj'. This property ad- I joins the Union No. 9 mine of the Dexter Com- I pany and also the Little Grey, both of which I are proved mines. The Indian Camp has alway3 fl been considered a low-grade proposition of mill-ing mill-ing values only, and has proved to be such, as in fact, are most of the Manhattan properties, for Manhattan is not a high-grade camp, like Tono-pah Tono-pah or Goldfleld, but its ores are of such tremendous tremen-dous volume that the camp and district are anions the best in the State. The Indian Camp property is a typical Manhattan mine, and already immense im-mense bodies of ore have ben blocked out an! in such quantities that Indian Camp stock has i experienced the highest advance of any of the i j Sullivan flotations. It was promoted at 30 cents a share in April, just a few days previous to tho San Francisco catastrophe, and despite the fact that the San Francisco disaster had a greater effect ef-fect on Manhattan stocks than any other because of the tremendous amount of California capital invested there, Indian Camp stock is now selling around $1.05, showing a net profit of 275 per cent in six months to investors. Bullfrog Rush Mining Company Located in the Bullfrog district, with excellent surface and upper tunnel showings, and adjoining some of tne best properties of the Bullfros? district, dis-trict, are the properties acquired by tho Bullfrog Rush Mining Company, which was floated by tin L. M. Sullivan Trust Company, following their last Manhattan promotion. A large body of low-grade low-grade ore was disclosed on the higher levels of tho Bullfrog Rush property at the time the company com-pany acquired the property, but since then development de-velopment work showed that the ore had pinolied and the best values now obtained are GO aiid 70 cents a ton. The Sullivan Trust Company, ns a result, took immediate steps to notify their clients that their money would be refunded on stock of Too Bullfrog Rush Mining Company purchased through tlie Sullivan Comapny. This action on tho part or the management is unprecedented In ; tho history of the promotion business of tlie West, and has done more to establish confidence In the company and that State than any other act of a firm or corporation. Had tho mine proved up with depth, the stockholders would liave earned tremendous profits, but since It proved otherwise, tlie L. M. Sullivan Trust Company shouldered the burden and refunded tho cash at a loss exceeding more than a hundred thousand dollars. Fairvlew's Wonderful Future When one reviews tlie brief but eventful record rec-ord of the camp of Fairview, he cannot but be impressed' by the showing made by this new star in the galaxy of Nevada's many mining coups. Born practically at the time that Johnnie Hoiison of Salt Lake City bought for Salt Lake pe 'ple , the Nevada Hills property, it has In less Mian j nine months been a regular shipper for almost half a year. These shipments have not been of desultory character. Far from It. They !iave bee"n regularly maintained and each month 9 the tonnage and value of the ore increased. So M thoroughly has the worth of this new mining camp been demonstrated In this short period Hiat now tho citizens of Fairview are preparing to I W I ! ' 1 ln tuls country' and' notwithstanding bank failure W f and earthquakes, has made a success of the .'iff : i yt Nevada-California Prospecting Company, with its Jg ; many holdings in Nevada. With this bo'ird of j! (( directors investors and the public may IqqI as- ;! t . J! sured of fair treatment and a successful culmina- JI: ' I tion of the enterprise. |
