The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1870-07-15
HEAVY M1SrSo TRANSACTION, But \.

80 49,"
CONFERENCE.-The have the facts of a
mining Transaction, which has been I'M
der way for some time. and which came
TO a very ridiculous termination yester-
day. A party here, who has the selling
of n good mine, upon which over n thou
sand dollars in work has been done, a
fine ledge laid bare, and between two
and three thousand dollars worth of ore
displayed on the dump, has for some
time been in correspondence with Illi-
nois capitalists DESTROYS of making an
investment. Some time since, one of
their number was dispatched here to ex-
anime the mine and close mp negotia-
tions. On his arrival, he procured an
expert to make q report on the property.
The report was favorable, and was sent
to Illinois. The agent assured the miner
that the money would be ready in bank
when he received instructions from his
co-operators in answer to the report. In
the meantime the miner wore all his
old boots out, taking the capitalist
around the country and showing him our
magnificent future. All the loose change
he could raise wal dealt out with a lib
eral hand in treating his purchasing
guest with handsome but unostenta-
lions hospitality. Scarcely a day passed
in which the mine was not visited and
carefully inspected and re-inspected. At
last, on Tuesday, the parties East were
reported to have come TO a satisfactory
conclusion: and ON Wednesday the
money for the purchase was announced
to have been deposited in the bank.
Yesterday morning, bright and early,
the concluding visit was made TO the
mine. On arriving at the dump, the
capitalist again made a close examina-
ton of the property; and then, for the
first time, the question of price came up.
The miner had fixed upon $4,000 in his
own mind; but what was his disgust and
astonishment when the capitalist, after
telling him that he was fully satisfied the
mine was n good one, and agreed in
every respect with the representations,
turned abruptly to him and made the
magnificent offer of $500 for the prop
ertyl This frozen proposition fell upon
the miner like a stroke of bifurcated
lightning, and so filed him with indig-
nation that he could. not speak. Here,
he had spent n thousand dollars in
labor; and had piled mp a dump of mag
nifeent rock; had danced attendance
for several weeks on the capitalist; had,
as his friends piquantly say, worn his
last pair of boots out clear up to the legs;
had become glossy in attire, and bank
rupt in small change; had raised the
highest expectations in the breasts of his
impecunious acquaintances; had written
TO real estate agents in San Francisco to
reserve a large amount of frst-classp prop
erty for him 10 invest in-had done all
this, and for what? To receive the stu
pendous offer of 5000 for a mine which he
considered he was sacrificing at Sl5, 000l
The capitalist interpreted his look of sur
prise and indignation as one of doubt as
to his financial capacity to consummatc
the purchase, and assured him that all
they had to do was to 60 to the bank
where his check would he honored for
that amount The miner swears he saw
his capitalist afterwards invest the fabu-
lous amount Of two bits for a regal meal,
consisting of two plates of soup, and
leaving not a trace Of bread on the table
to mark the spot where he had been so
desperately eXtrayagant.
HEAVY RArNs.-Parties who arrived
here from the Diamond Range, say that
the rain yesterday morning was the
heaviest ever known in that region. The
gulches and streams draining the range
swollen above their banks, and rushed
IN torrents down the mountain gorges.
The flat at the debouchure of Pinto
Creek was all overlooked, and in some
places the water was knee deep. Wood
ruff & Ennor's stage got the benefit OF
the storm; but came through in good
season, Notwithstanding the rain and
other draw backs. The settlers from
Pinto to Pancake say that no such fall
Of rain has been Witnessed there in their
memory.
OK Tine Yesterday Beachey, Wines
& Co. s coach arrived exactly at ~ m,
the time advertised under the new ar
rangement. Those who received letters
had two hours in which to answer them
The present hours of arrival and de-
parture will prove n great accommoda-
ton to business men, rs they make the
difference of one day in favor of epis-
tolary communication.
HonsE TALK. Those irrepressible
youths, Travis, Wilson n Co., have a
saucy notice in to-day's News, about the
supposed speed of that rare bit of horse
flesh, Chamber of Commerce. The
boys have money, and they give it a
chance, always, on every conceivable
proposition.
CENTRAL CoaMrrrEE MEETING.-The
Republican County Central Committee
will hold an adjourned meeting, at the
st. Nicholas Club-room, tomorrow. Mt l
O'Clock p. m. Matters of party import.
ance viii come up, and a full attendance
is therefore desired.
HATcH a KIPLISGER have now fitted
for an active business in staging. They
have a double line of stock on their road
to Silver Park and Ely, and make regular
trips and fast time-leaving Hamilton
every Tuesday and Saturday.
LETTERS addressed as follows, are held
at the p%ostofice in this city for postage
Mrs. Anna A. CARL, Edwin Burnham,
Fretz Sterk.