This Date in Wells Fargo History Daily: This Date in History news feed. en-US Copyright 2014, Wells Fargo. All rights reserved. Fri, 24 Oct 2014 history 360 This Date in Wells Fargo History October 24, 1863. "There was nothing in the shape of a mining claim that was not salable," Comstock journalist Mark Twain declared, and "the prices rose and fell constantly." While silver veined the Nevada landscape during these flush times, the capital to develop promising mines resided in San Francisco. How could an investor get the latest information--when the telegraph lines might be tapped? Wells Fargo's Pony Express carried news between Virginia City and the Bay City within 24 hours. "Is it a mine to speculate in only, or is it a good one to hold?" a worried San Franciscan asked a Nevada friend. "Please answer by Pony, as the price here may vary."

Fri, 24 Oct 2014