Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1876-06-23
VIRGINIA AND THE MINIS.

In the mines OF tne SoWStoeh. AheH
seesa to be suffering under such sn
attack now. The price os mining
ahsres has for some weeks been grow
ing perceptibly, aye painfully. less
like the receding figures in lineal
perspective. Confidence in the ulti-
mate outcome to persons who hold
uipiss shares is evidently weakening,
else there woull be orders enough
handed TO the brokers TO check the
hesdlong course downward. The
scare. which will have the same end
ing that similar ones have had time
over, has sFideatly incorporated the
ssaa,i operators outside the limits OF
sensitive California street. In pleas
ant contrast to this shaky condition
Of things at the Bay we have evidence
or every hand displayed in Virginia
Of confidence in the permanency OF
the dividend paying mines and in the
whole lode. Those who dwell over
the bonanza and tread in their daily
pursuits upon the mos, important
portion of the grea, silver vein mani
fest no signs Of wavering faith. On
the co2trary they are expending vast
sums of money daily to rebuild a
CITY which has its sources OF support
alone in the mines. To anyone who
takes the trouble to pass along [
street over what seven months ago
WAS a waste of debris. and note the
substautial buildings that have been
erected since the fire, it must occur
that the miners themselves and those
yho derive their sasteRance from the
mining industry have no lack az con-
6deace in the durability Of our mines
and the permansnce Of the city which
derives its support entirely from
them. The people Of San Francisco
nay take this fact as the best evi
deuce ,hs; il were possible to pro
due. in favor Of the continuance of
the bonanza and the C0mstock mines
as whole. Whenever il is discov-
cred by the business men Of the |
Comstock (aGd they will know j,
very sooS after it is first found OUT
that the mines are beginning to peter, |
they will cease great OUTLAWS in the
improvement, Of city property. and
real estate will 20 down on par
aith stocks When San Francisco
stockholders know that lots in Yir- |
ginia are as high in price to-day as
they were year sgo, and that more
money is being expended in the i'm
proven.ent Of real estate than al any
time since the city was surveyed, |
they should feel content with their
Comstock shares and satisfied that |
the end of mining 10 this part Of the |
country has not vet arrived. There
is 10 city in the United States, per-
haps-surely none on this ooast-of
its size that presents So busy an APP
pearance and the, msnifests so much
healthy commercial activity as Viz
ginia. And what would Virginia I've
worth if the mines were played out
What would that magnificent hotel
now being pushed with all speed
toward completion be worth if the
fears that are manifested on Califor-
MIA street every now aud then were
we'll grounded and the Comstock
mines, as the fearful ones say, were
on their last legsl The fact that peo-
PIE go right ahead with improve
menss up here, suspecting nothing
from the rumors set aioat by stock
bears in San Francisco; expend hun
dreds of thousands of dollars in
building up the second city on the
coast, never minding whether stocks
are high or low, is all the evidence
they should want abroad of the ac-
tual condition of things here. Viz
ginis is being built up faster to-day
than any city in the world of its size.
and is also the iiyeliest. 1t is a won
derful place Of business life tina,
wonld well repay visit from San
Francisco to see. And what would
IT be but for the minesi