The Placer herald., 1860-06-23
Mining at Virginia.

Mining at Virginia.
Although, for some tme, little has been
said in reference to mining operations at
Virginia and vicinity, we are assured that
claims are paying better than ever, AMI stca-
Oily advancing in money value, Through
The attention of friend we have been favored
with some items that prove the mines down
there giving out" well. as shown bv the ad.
vance in interests that have been bought and
cold within the last year.
As an instance, last fall Mr.. Donimick
bought the Rough and Ready claim, near
town. for $4,000, and in four months sold il
for SIC, 900, having in the mean time netted
$4,000 from its proceeds making in all a
profit of $4,000. Mr. D. may be ca,sel
rs among the lucky men," as he arrived
from over the plains without a "shct in the
locker" not unusual to Califor-
mia sdventurers. But being true grit, and
arriving at Virginia, he went to work for
wages in the Rough u Ready and in little
while found hackers to enable him to pur-
chase the claim, and succeeded rs above
stated.
One year ago Mr.. A. J. Sonle bought a
claim adjoining Virginia, for $500, and
month since sold it for $1,000. About the
same limo Bosquit & Co., sold claim for
$1,000. which was purchased few weeks
since by Mr.. Provost for $4,000.
An interest in the Globe claim sold six
months since for sllOo, and was re sold
again on the llrh inst. for 50 900.
Below the Goble are Curtis & Co.'S
claims, long noted for their richness With
in month they have been offered $4,000
for them, but declined selling. These claims
are all adjacent 10 Virginia
At Foxs Flat, about two miles below Vir-
gina, on the Anbnrn ravine, Mr.. Fox, one Of
the pioneers Of the dgeings, was recently
offered, but refu ed. 81 900 for lis claim.
In the same neighborhool is the old Spann
claim--four interests in the Company, three
Of which changed hands short time ago at
$4,000.
In the Arabella claim, on " walkers ranch,
one fourth interest was sold three weeks ago
for $500, ard on The following day $4,000
WIS offered but refused for the same interest
These prices speak well for the richness
Of the foot,hill digsings and show more
prosperity among The miners than isgeneral-
ly found. Some of these claims are heavy
works--requring great labor in reaching
the deposits, but when found they are worth
the seeking,
We hope our friends down the ravine will
continue to prosper,-a fact that we will be
ALWAYS pleased to make known.
Report ON THE PLAcERvILLE RAILRoAr
RouTH-Wo have Just received the report
Of VIM. J. Lewis, ESQ. Chief Enginerr, or
the survey and estimate Of cost Of a Railroad
from Folsoe, TO Placervlle. The length 0
the line is reported at % IL miles-th'
cost sl,ol7,6so 81. The number of trestl,
bridges 2l, with a total length of 10;
feet. The greatest hight of any trestl,
bridge is lis feet The heaviest grade o
the road is 05 feet to the mile. The esti
mated revenue Of the road $426,O0O re
annum: the nett revenue 5235, 5,00O or IL
$40 per cent upon its cost
Upon reading the report we can come t
no other conclusion than that Railroad
between the two places must be built owe
mountains Of difficulties sin fact it is a YER,
heavy line. The engineer speaks OF it as
norton of Central Pacific Railroad, but a
competitor, in that respect, to the Sacra
mento. Placer q Nevada Railroad, rs far a
loea.el it canu.t be compared, AS may b
easily seen by The reports upon both roaIs
To cross the Sierra Nevada with q RAILROAD
bv the Pla~ereilis route, the line runs as i
were RICH: into the teeth of the mountains
while by way of Auburn and Nevada, The
line rans parallel with the mountains and a
the same time attains a high elevation thai
premises favorable crossing by the Hen
ness Pass, or some other depression, TO the
. Truekee river. As local roads the Placer
vile Railroad and the Sacramento, Placer
Nevada Railroad aie IN no wise rivals, theil
trade being draws. from entirely different
sections; l,u, for the trade of Western Utah
or as A portion of Central Pacific Line, We
alain the belt for our gossi,