Of course, we returned the draft unpaid. But that didn't end the
incident. My partner, Mr. Sullivan, took it upon himself to wire his
sentiments to Weir Brothers & Company, as follows: "You are so crooked
that if you swallowed a ten-penny nail and vomited, it would come out a
corkscrew." That was "Larry's" homely way of expressing his opinion.
Goldfield's year of wind and dust had brightened into the glow of
Summer. The still breath of August was diffused through the thin mild
air of the high altitude. This thin air, which nearly two years before
had prompted a camp wit to comment on the birth of my news bureau to
the effect that "the high elevation was ideal for the concoction of the
visionary stuff that dreams are made of," appeared unprophetic. There
was plenty of concrete evidence of the yellow metal to be seen.
Production from the mines was increasing daily and money from
speculators was pouring into the camp from every direction.
A mining-stock boom of gigantic proportions was brewing. Mohawk of
Goldfield, which was incorporated for 1,000,000 shares of the par value
of $1 each, and which in the early days went begging at 10 cents a
share, was now selling around $2 a share on the San Francisco Stock
Exchange, the Goldfield Stock Exchange and the New York Curb. Other
Goldfields had advanced in proportion. Combination Fraction was up from
25 cents to $1.15. Silver Pick, which was promoted at 15 cents a share,
was selling at 50 cents. Jumbo Extension advanced from 15 to 60. Red
Top, which was offered in large blocks at 8 cents per share two years
before, was selling at $1. Jumbo advanced from 25 cents to $1.25.
Atlanta moved up from 12 to 40. Fifty others, representing prospects,
enjoyed proportionate advances.
The Sullivan stocks were right in the swim. Jumping Jack was in hot
demand on the San Francisco Stock Exchange and New York Curb at 45
cents, Stray Dog at 70 cents, Indian Camp at 80 cents, and Eagle's Nest
at 50 cents. Subscribers to Indian Camp could cash in at a profit of
more than 200 per cent.
The country gave indications of going "Goldfield crazy." My Goldfield
publicity bureau was working overtime. James Hopper, the noted fiction
writer and magazinist, ably assisted by Harry Hedrick and other
competent mining reporters, was "on the job" and doing yeoman service.
The news-columns of the daily papers of the country teemed with stories
of the Goldfield excitement.
People began to flock into the camp in droves. The town was a scene of
bustle and life. Motley groups assembled at every corner and discussed
the great production being made from the Mohawk and the terrific market
advances being chronicled by mining stocks representing all sorts and
descriptions of Goldfield properties. Whenever Hayes and Monnette,
owners of the Mohawk lease, appeared on the streets, they were followed
by a mixed throng of the riffraff of the camp, who hailed them,
open-mouthed, as wonders.
Public-domain text, read in full here on John Shaqi.
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