By Xanthus Carson
From page 19 of the September, 1976 issue of Lost Treasure
Copyright © 1976 Lost Treasure, Inc. all rights reserved
Shakespeare, New Mexico, south of today's Lordsburg, was originally named Ralston after a San Francisco millionaire with interests in the area. A roaring mining camp at one time, along in 1870 the excitement commenced to peter out.
Shakespeare would have waned and died except that, out of a clear blue sky, so it seemed, another boom flared up. Diamonds were found in the anthills of Lee's Peak near Ralston.
News of the discovery made headlines when a couple of prospectors stalked into a San Francisco bank and approached the teller's cage.
The men, dressed as though they had just come in from a rugged prospecting trip, were Phillip Arnold and W. D. Brown, who had figured prominently in the silver lode discovery in the Ralston field.