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Bill's method of conducting the sale of the pinto was eminently successful as a financial operation, but there are those in the Swan Creek country who have never been able to fathom the mystery attaching to the affair. It was at the fall round-up, the beef round-up, as it is called, which this year ended at the Ashley Ranch. There were representatives from all the ranches and some cattle-men from across the line. The hospitality of the Ashley Ranch was up to its own lofty standard, and, after supper, the men were in a state of high exhilaration. The Hon. Fred and his wife, Lady Charlotte, gave themselves to the duties of their position as hosts for the day with a heartiness and grace beyond praise. After supper the men gathered round the big fire, which was piled up before the long, low shed, which stood open in front. It was a scene of such wild and picturesque interest as can only be