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covered but before sufficient time had elapsed for cargoes to arrive from a distance, when money was plenty and prices had advanced in some instances a thousand per cent, the trick was to get goods, not to sell them. The two chief rival firms were Charles L. Ross, and Howard & Melius, each of which kept a well-manned boat ready on the instant to shoot out to- ward the Golden Gate, on the approach of any mer- chant vessel, so as to forestall competitors in securing stock. To this end a sharp lookout was kept, as we may easily imagine, and every means adopted at once to catch the first view of the incoming vessels and blind the eyes of the others to the welcome sight. It happened one opaque, misty morning that the fog lifted for a moment only, just long enough for Ross' sentinel to see looming seaward a magnificent brig whose white sails in the vision seemed to fill the whole ocean. Ross and his crew were soon afloat, pulling hard in that direction. So was the rival boat, for the watchers had been watched, and such movements w^ere well understood. The advantage, however, was with R(jss, who beside having the start, knew where the vessel lay  ; and by puJling stoutly out of course and then escaping them in the fog, he threw his com- petitors ofi:' the scent, found the brig, crawled up the sides to the deck, and as coolly as possible after the fancy of Yankee traders, saluted the captain and opened negotiations. "What ye got?" demanded Ross. "Waal," the captain began, "there's some woolen shirts, a hundred and fifty or two hundred

dozen " "Stop a moment," exclaimed Ross who

plainly heard the sound of oars approaching every moment nearer, "what'll you take for everything on board?" " Oh, I guess you are joking," simpered the skipper. "No, I am not joking," said Ross, drawing from his pocket a handful of yellow gold. "What advance on your invoices will you take for all the merchandise in your ship?" The skipper pondered, not failing to notice the rapidly increasing noise of