Ch. II pg. 106-127 Summary

Mac, Oren, and John Grady are at a horse auction. They have an old rivalry with a man called Wolfenbarger and they try to out do him and get the better horses. They buy several, Mac relying heavily on John Grady's advice.

Back at the ranch, Mac contemplates how long the drought has been going on, how much of his ranch he has already been forced to sell and his dead wife Margaret.

The cowboys meet at Maud's saloon to drink, play shuffleboard, and gamble. John Grady takes Billy aside and tells him about "the girl and about the White Lake and about Eduardo." He tells Billy he wants to marry Magdelena. Billy tells him he is crazy and John Grady says he cannot help it. He tells Billy he is planning to give Eduardo two thousand...