The summer of 1881 proved a splendid market for the drover. Demand far exceeded supply and prices soared upward, while she stuff commanded a premium of three to five dollars a head over steers of the same age. Pan-Handle and north Texas cattle topped the market, their quality easily classifying them above Mexican, coast, and southern breeding. Herds were sold and cleared out for their destination almost as fast as they arrived; the Old West wanted the cattle and had the range and to spare, all of which was a tempered wind to the Texas drover. I spent several months in Dodge, shaping up our herds as they arrived, and sending the majority of them on to Ogalalla. The cows were the last to arrive on the Arkansas, and they sold like pies to hungry boys, while all the remainder of my individual stock went on to the Platte and were handled by our segundo and my active partner. Near the middle of the summer I closed up our affairs at Dodge, and, taking the assistant bookkeeper with me, moved up to Ogalalla. Shortly after my arrival there, it was necessary to send a member of the firm to Miles City, on the Yellowstone River in Montana, and the mission fell to me. Major Hunter had sold twenty thousand threes for delivery at that point, and the cattle were already en route to their destination on my arrival. I took train and stage and met the herds on the Yellowstone.

On my return to Ogalalla the season was drawing to a feverish close. All our cattle were sold, the only delay being in deliveries and settlements. Several of our herds were received on the Platte, but, as it happened, nearly all our sales were effected with new cattle companies, and they had too much confidence in the ability of the Texas outfits to deliver to assume the risk themselves. Everything was fish to our net, and if a buyer had insisted on our delivering in Canada, I think Major Hunter would have met the request had the price been satisfactory. We had the outfits and horses, and our men were plainsmen and were at home as long as they could see the north star. Edwards attended a delivery on the Crazy Woman in Wyoming, Major Hunter made a trip for a similar purpose to the Niobrara in Nebraska, and various trail foremen represented the firm at minor deliveries. All trail business was closed before the middle of September, the bookkeepers made up their final statements, and we shook hands all round and broke the necks of a few bottles.

But the climax of the year’s profits came from the beef ranch in the Outlet. The Eastern markets were clamoring for well-fatted Western stock, and we sent out train after train of double wintered beeves that paid one hundred per cent profit on every year we had held them. The single wintered cattle paid nearly as well, and in making ample room for the through steers we shipped out eighteen thousand head from our holdings on the Eagle Chief. The splendid profits from maturing beeves on Northern ranges naturally made us anxious to start the new company. We were doing fairly well as a firm and personally, and with our mastery of the business it was but natural that we should enlarge rather than restrict our operations. There had been no decrease of the foreign capital, principally Scotch and English, for investment in ranges and cattle in the West during the summer just past, and it was contrary to the policy of Hunter, Anthony & Co. to take a backward step. The frenzy for organizing cattle companies was on with a fury, and half-breed Indians and squaw-men, with rights on reservations, were in demand as partners in business or as managers of cattle syndicates.

An amusing situation developed during the summer of 1881 at Dodge. The Texas drovers formed a social club and rented and furnished quarters, which immediately became the rendezvous of the wayfaring mavericks. Cigars and refreshments were added, social games introduced, and in burlesque of the general craze of organizing stock companies to engage in cattle ranching, our club adopted the name of The Juan-Jinglero Cattle Company, Limited. The capital stock was placed at five million, full-paid and non-assessable, with John T. Lytle as treasurer, E.G. Head as secretary, Jess Pressnall as attorney, Captain E.G. Millet as fiscal agent for placing the stock, and a dozen leading drovers as vice-presidents, while the presidency fell to me. We used the best of printed stationery, and all the papers of Kansas City and Omaha innocently took it up and gave the new cattle company the widest publicity. The promoters of the club intended it as a joke, but the prominence of its officers fooled the outside public, and applications began to pour in to secure stock in the new company. No explanation was offered, but all applications were courteously refused, on the ground that the capital was already over-subscribed. All members were freely using the club stationery, thus daily advertising us far and wide, while no end of jokes were indulged in at the expense of the burlesque company. For instance, Major Seth Mabry left word at the club to forward his mail to Kansas City, care of Armour’s Bank, as he expected to be away from Dodge for a week. No sooner had he gone than every member of the club wrote him a letter, in care of that popular bank, addressing him as first vice-president and director of The Juan-Jinglero Cattle Company. While attending to business Major Mabry was hourly honored by bankers and intimate friends desiring to secure stock in the company, to all of whom he turned a deaf ear, but kept the secret. “I told the boys,” said Major Seth on his return, “that our company was a close corporation, and unless we increased the capital stock, there was no hope of them getting in on the ground floor.”

In Dodge practical joking was carried to the extreme, both by citizens and cowmen. One night a tipsy foreman, who had just arrived over the trail, insisted on going the rounds with a party of us, and in order to shake him we entered a variety theatre, where my maudlin friend soon fell asleep in his seat. The rest of us left the theatre, and after seeing the sights I wandered back to the vaudeville, finding the performance over and my friend still sound asleep. I awoke him, never letting him know that I had been absent for hours, and after rubbing his eyes open, he said: “Reed, is it all over? No dance or concert? They give a good show here, don’t they?”

CHAPTER XIX
THE CHEYENNE AND ARAPAHOE CATTLE COMPANY

The assassination of President Garfield temporarily checked our plans in forming the new cattle company. Kirkwood of the Interior Department was disposed to be friendly to all Western enterprises, but our advices from Washington anticipated a reorganization of the cabinet under Arthur. Senator Teller was slated to succeed Kirkwood, and as there was no question about the former being fully in sympathy with everything pertaining to the West, every one interested in the pending project lent his influence in supporting the Colorado man for the Interior portfolio. Several senators and any number of representatives were subscribers to our company, and by early fall the outlook was so encouraging that we concluded at least to open negotiations for a lease on the Cheyenne and Arapahoe reservation. A friendly acquaintance was accordingly to be cultivated with the Indian agent of these tribes. George Edwards knew him personally, and, well in advance of Major Hunter and myself, dropped down to the agency and made known his errand. There were already a number of cattle being held on the reservation by squaw-men, sutlers, contractors, and other army followers stationed at Fort Reno. The latter ignored all rights of the tribes, and even collected a rental from outside cattle for grazing on the reservation, and were naturally antagonistic to any interference with their personal plans. There had been more or less friction between the Indian agent and these usurpers of the grazing privileges, and a proposition to lease a million acres at an annual rental of fifty thousand dollars at once met with the sanction of the agent. Major Hunter and I were notified of the outlook, and at the close of the beef-shipping season we took stage for the Cheyenne and Arapahoe Agency. Our segundo had thoroughly ridden over the country, the range was a desirable one, and we soon came to terms with the agent. He was looked upon as a necessary adjunct to the success of our company, a small block of stock was set aside for his account, while his usefulness in various ways would entitle his name to grace the salary list. For the present the opposition of the army followers was to be ignored, as no one gave them credit for being able to thwart our plans.

The Indian agent called the head men of the two tribes together. The powwow was held at the summer encampment of the Cheyennes, and the principal chiefs of the Arapahoes were present. A beef was barbecued at our expense, and a great deal of good tobacco was smoked. Aside from the agent, we employed a number of interpreters; the council lasted two days, and on its conclusion we held a five years’ lease, with the privilege of renewal, on a million acres of as fine grazing land as the West could boast. The agreement was signed by every chief present, and it gave us the privilege to fence our range, build shelter and stabling for our men and horses, and otherwise equip ourselves for ranching. The rental was payable semiannually in advance, to begin with the occupation of the country the following spring, and both parties to the lease were satisfied with the terms and conditions. In the territory allotted to us grazed two small stocks of cattle, one of which had comfortable winter shelters on Quartermaster Creek. Our next move was to buy both these brands and thus gain the good will of the only occupants of the range. Possession was given at once, and leaving Edwards and a few men to hold the range, the major and I returned to Kansas and reported our success to Washington.

The organization was perfected, and The Cheyenne and Arapahoe Cattle Company began operations with all the rights and privileges of an individual. One fourth of the capital stock was at once paid into the hands of the treasurer, the lease and cattle on hand were transferred to the new company, and the executive committee began operations for the future. Barbed wire by the carload was purchased sufficient to build one hundred miles of four-strand fence, and arrangements were made to have the same freighted one hundred and fifty miles inland by wagon from the railway terminal to the new ranch on Quartermaster Creek. Contracts were let to different men for cutting the posts and building the fence, and one of the old trail bosses came on from Texas and was installed as foreman of the new range. The first meeting of stockholders—for permanent organization—was awaiting the convenience of the Western contingent; and once Edwards was relieved, he and Major Hunter took my proxy and went on to the national capital. Every interest had been advanced to the farthest possible degree: surveyors would run the lines, the posts would be cut and hauled during the winter, and by the first of June the fences would be up and the range ready to receive the cattle.

I returned to Texas to find everything in a prosperous condition. The Texas and Pacific railway had built their line westward during the past summer, crossing the Colorado River sixty miles south of headquarters on the Double Mountain ranch and paralleling my Clear Fork range about half that distance below. Previous to my return, the foreman on my Western ranch shipped out four trains of sixteen hundred bulls on consignment to our regular customer in Illinois, it being the largest single shipment made from Colorado City since the railway reached that point. Thrifty little towns were springing up along the railroad, land was in demand as a result of the boom in cattle, and an air of prosperity pervaded both city and hamlet and was reflected in a general activity throughout the State. The improved herd was the pride of the Double Mountain ranch, now increased by over seven hundred half-blood heifers, while the young males were annually claimed for the improvement of the main ranch stock. For fear of in-and-in breeding, three years was the limit of use of any bulls among the improved cattle, the first importation going to the main stock, and a second consignment supplanting them at the head of the herd.