You didn't see them on the streets and you were astonished that there was so much society in the place. You heard all languages spoken and you might imagine you were in Paris. When the band struck up it was with a quadrille. You were pleased perhaps to see the old dances--quadrilles, lanciers, schottisches, the old waltzes--danced. You see, the new kind of glides, two steps, walk arounds, fancy steps they call dancing nowadays--and perhaps it is dancing--hasn't struck Punta Arenas yet. Surely in that respect the town was behind the times. It couldn't do the hippety-hoppety steps and the slides and glides. Poor old fashioned Punta Arenas! The brilliant scenes at Mr. Braun's home were duplicated two nights later at the Governor's ball. This reception was a display in keeping with the wealth of the place. There was no vulgarity, no crudeness, no little amusing sidelights that showed that the town had just arrived in a social way. It was plain that Punta Arenas knew how to entertain. Scores of naval officers said that they never saw entertainments in Washington in better taste. After all this you began to investigate what it meant. There was one answer to the question--wool and sheep. When you hunted for statistics you got them from an official whose business it is to collect them. You found that last November the population of the place was 11,800 and of the territory 17,000. In 1889 the population of the territory was 2,500 and the town only 1,100. It was a pretty raw town then. You found that in 1906 the number of sheep in the Magellan territory was 1,873,700 and that thirty years ago it was less than 2,000. You learned that the industry was started through the Falkland Islanders, 200 miles to the eastward, where the Scotch missionaries got rich quick and were not averse to worshipping mammon to some extent. You learned that the number of tons of wool exported last year was 7,174, that the number of refrigerated sheep exported last year was 104,427 and that this year it would probably be 130,000. You learned that the imports of the town were nearly $3,000,000 a year and the exports nearly $5,000,000. You found that there was a coal mine in operation close by, producing about 12,000 tons a year, chiefly for local use. The coal is of the lignite variety and disintegrates rapidly. It is improving as the shaft sinks deeper, and the owners hope soon to have coal that they can sell to steamships. That will help Punta Arenas a good deal.