The White Pine news. [volume] (Ely, Nev.) 1906-1910, 1907-10-03
"Tex" Richard Cleans Up ThOus.
ands in One Days
Transactions.
GETS CORNER ON STOCK
Reported Find of Native Copper
Cause of Asccn-
sion.

Hereafter it is Lucky Tex" Rick
ard. Just G. +. Rickard is not sufii-
cient to describe the man and his
remarkable good fortune and bust
ness Judgment. Lucky Tex Is the
name that he will be known by here
after.
And as a reason for the rechristen-
ing of the broker, financier, mining
magnate, fight promoter and all
around popular and successful busi-
ness man, may be stated that Mr..
Rickard is today, a richer man than
he was last monday by $4,000.
A sum as large as this Is not made
in a day. The average man Will toll
for a lifetime without earning or Sc
securing as much money as this, but
the local broker cleaned up approxi-
mately this amount in two days.
Rickard is the promoter of the
Rickard Ely Mining company. He
has managed the affairs of that COM
pany since its Incorporation, and with
Judgment. The company is develop
ing and exploring its properties sys-
tematically. Rickard is in the clos
est touch with the conditions of the
property.
His holdings in the stock were
heavy, but a few days ago, rather,
to be explicit, on last Monday, he be-
gan to quietly buy in all of the stock
that was floating about the district,
and in other towns. In all he in
creased his holdings to $4,000
shares. The greater part of this
stock was picked up close to the %
cents mark.
Developments began to show up
yesterday. Inc buying had attract
ed a little attention. An inkling that
Rickard was trying to corner the
security got abroad late Monday
night and a few of the wise ones fol-
lowed s.nit and bought. This boost
ed the stock up a few notches.
Among those who bought heavily was
thomas Rockhill, the pioneer of pio-
neers of this district, who gave buy
ing orders to his brokers. and round
ed up $4,000 shares. This roundup
was consummated before the stock
really began to go up, and Rockhl,l
stands several thousands of dollars
to the good, as a result of his wis
dom and promptness.
Rickard succeeded in rounding out
his holdings to $4,000 shares, and
the stock was listed last night on the
local exchange. Inc demand for the
security started off at a merry clip,
and in no time at all, the stock
Jumped from Al cents, which was
the sale price of the first lot trans
ferred, to 46% cents, at which price
the last lot was sold. When the call
closed offers of AZ cents were made
for the security but none could be
had at that figure.
After Rickard had completed his
coup and had added fortune to his
already pethoric bank account, 1t
was learned from workmen employed
on the property that the churn drill
whic has been operating on the
property at distance of only few
hundred feet from the Veteran shaft
of the Cumberland Ely Copper COM
pany, had encountered big body of
NATIVE copper at a depth of little
more than one thousand feet. The
native copper body is said to be one
of the largest that has been drilled
through up to this time,
This fact gives the motive for
Rickard to engineer his killing
and convinced the dealers on change
that there was method in his mad
ness" and not madness in his meth
cd.
1t is understood that shaft will
| be started at once at the point where
| the drill uncovered the native cop
per