Gilpin observer., 1904-07-21
THE GILPIN
IRAANAY SOLD
THE COLORADO g. SOUTHERN
NOW CONTROLS AND WILL
OPERATE IT.
The Road to Be Extended to Many
More Mines and a Reduction
of Freight Charges.

The announcement yesterday OF the
cooperation OF the Colorado e. Southern
and Colorado & Northwestern railroads,
for the purpose of developing the min
ing districts OF Gilpin county and Ell
dora, carried with it the news OF the pur-
chase of the property OF the Gilpin
County Tramway company by the Colo
RADIO g. Southern, which connects the
mines of Central City, Russell gulch and
Idaho Springs.
Extensive plans for the development
OF the mines in these two districts have
beon prepared and are to be at once car
ried out by these two roads-plans that,
when matured, will give stimulus to
mining in those districts beyond the
fondest hopes Of the mining men. lead
ing to the development Of every mine in
the two districts that hitherto have been
without railroad facilities and the mar
ketiug Of an additional 400 IONS Of ore
daily from Eldora.
The Colorado & Southern will par
TALLY re-equip the Gilpin Trsmway com.
pany and add to it's twenty five miles OF
track some ten or fifteen miles more,
running to the mines north OF Central
City and connecting every producing
mine OF the district by complete net
work Of trans and railways. leading di-
rsctly to the Southern lines and down to
the smelters at Denver. The Northwest
-ern, headed by Colonel Dick, is partic;-
pating in the plans. and the Southern
will haul its ores from Boulder, the two
roads giving hope and encouragement to
the districts that will mean their own
complete development and great stimu-
lus to the Denver smelling industries.
President Frank Trumbull of the Colo.
RADIO Il Southern made the announce
ment OF the purchase Of the Gilpin
Tramway property at the Offices Of his
road yesterday. The consideration is
understood to be about sl50.OOO.
Beginning next week the Southern
will place an engineering corps in the
field, with instructions to go ahead as
rapidly as possible making surveys for
the northward extensions of the line.
Every mine north OF Central City, that
produces will be reached. The policy OF
the two roads contemplates three steps
to help the district. They are:
The reduction Of ore rates, which has
already been announced; the purchase
and extension OF the lines Of the tram
way; the rapid completion Of the Colo
RADIO & Northern to Eldora, and the CO.
operation Of Colonel Dicks road with
the Southern in marketing the ores from
that district.
The deal for the purchase OF the Gil
pin Tramway property has been pend
ing for some time. and was consummated
through Attorney e. L. Reginnetter of
Idaho Springs yesterday. The road is
valuable and paying property, having
twenty-five miles of track, ten engines,
100 cars and other equipment. 1t at
present handles over 5000 tons OF ore
every month, butit now reaches only the
more prominent mines near the two
cities.
Last week President Trumball Col.
onel Dick and Dennis Sheedy took a
trip over the Eldora road, driving from
mine to nine and investigating the con.
ditions Of the properties, the quality of
the ores and the possibilities for devel-
opment. All three we're much pleased
with the prospects. and the determiLa-
tion was formed to aid the district in
every possible way.
1t is estimated that when the Eldora
extension Of the Northwestern is finish.
ed the increased output from that dis
rrict will average at least 400 tons day.
Tho mines are already opening in antici
patton OF the aid to be given by the com.
ing OF the road, and the mines that have
been far away from railroad, north OF
Central City, will now be in a position
TO market their ores at much less cost at
the smelters at Denver. The wagon
haul from these mines TO the railroad
has been tho most costly part Of their
expense Of production, and this will be
largely eliminated Denver News.
FURNITURE. sTOyEa AND CARpErs