The Carson daily appeal. [volume] (Carson City, Nev.) 1865-1870, 1868-07-21
THE VIRGINIA AND TRUCKEE RAIL
ROAD-AID FROM THE cOMsT0CK
MINING COMPANIES.

=
MINING COMPANIES.
The non action of the corporators o
the Virginia and Truckee Railroad with
regard to the grading of the same ha;
brought about the popular conclusion
that the enterprise has fallen through
or been indefn itely postponed. Thai
they have concluded proceed indie.
pendentiy of the counties, if at all, or,
at any rate to wait until the next Leg
islature shall determine whether coun-
| ty assistance is to be had, has seemed
evident and we are led to think that
when the road will be eventually built
las we have no doubt it will bel its
construction will be had as a necessity
to the Storey county mines, to say
nothing of its character as an invest
ment to the corporators. The PROPOSE
ton, advocated by this paper, that
Ormsby county had better give two
hundred thousand dollars, outright,
than that Carson and Empire Cities
should not be connected, by rail, with
the outside world, is just as sound az
ever but if the Railroad Company do
not grade the road this season, the
agreement already entered into is void !;
and if by waiting another year the road
is to be built without our help, so much
the better-we can well afford the delay.
As proof that there is something more
than mere conjecture to warrant the
belief that capital is seriously inter.
ested in the Virginia and Truckee Rail-
road, We append the following from tn e
Financial column of the San Francisco
Bulletin of the 18th inst:
The report of the President of the Savage
Mining Company, presented at the annual
meeting yesterday afternoon, contains some
important suggestions, not only in relation
to the continued prosperity Of that Company,
but of all the leading Companies having
mining claims in the Washoe District. 1t is |
-
out ore increases in proportion to the depth |
of the level whence it is secured also, that |
much of the low grade ore is not taken out at
all, because, under existing circumstances, |
it will not pay to have it milled. Hence it is !
necessary to reduce the working expenses Of I
The mines, not only to enable the Companies !
TO continue their operations with success in !
The lower levels, but also to make available |
the low grade ore which has hitherto been |
passed by. Not the least important part of
he expenses of the Virginia Mining Compa-
MES consists in the amounts paid out for
of ores and supplies. A great
saving in this respect can be made by i'm
proving the facilities for such transportation.
Accordingly, it has been proposed to con.
'truct railroad from the Virginia and Gold
Hill mines so as to connect with the Central
Pacific Railroad; indeed, Company has
Ilready been incorporated having this object
n view. To facilitate the construction of
his road, the Company solicit aid of the
Mining Companies to be benefited thereby,
he amounts subscribed by each to be re-
urned upon completion of the road by the
of freight for the respective
Companies sufficient to cover such sums.
This form of subsidy is entirely unexcep
ionable, the Mining Companies being fully
eimbursed for their temporary loans. A
lived from such a railroad. During the past
scal year, the Savage Mining Company
aid for hauling IL ,S25 tons of ore from the l
mines to the mills, 81 1925 by railroad the
anne could have been transported at S35 ,564;
Or hauling 2,620,000 feet of Timber and I
lumber from the Washoe Valley to the
nine, $4,000 was paid; by railroad this
Guild have been laid down at SlS,340; for {
auling $500 cords Of Wood, $29, 1854 was
aid by railroad the expense would have
cen Sl3,9SS; saving of s. per ton on s
! 900 tons of ore shipped to custom mills f
ould also have been made, ifthere had been =,
abroad facilities for that purpose. From l
lese several items, therefore, saving of I
yer 100000 expenses by this Company y
one, during the past year, might have been y
fected through the existence of a railroad, b
) follows:
Saved. y
auling from mine to Company's mills $50, 26l
auling ore from mine to custom mills 134, 900
anling Timber and Lumber............ 1920 q
auling Wood. ..........................-. Is. 1896
18th a railroad in operation, as proposed,