History of Nevada; . elegraph line fromReno to Virginia Citj along the railroad was com-menced. In 1874 steel rails were laid between Car-son and Virginia, necessitated because of the largeamount of business, thirty-six trains per day beingrequired to carry tho passengers and freight. COST OP CONSTRUCTION. In Dan Do Quillos book, known as the Big Bonan-za, page 228, it is recorded that the cost of tho road,ready for rolling-stock, from Virginia City to Carson,a distance of twenty-one miles, was 81,,000—or883,333 per mile. September 25, 1873, H. R, Mighelsstates in an article in tho Carson
History of Nevada; . elegraph line fromReno to Virginia Citj along the railroad was com-menced. In 1874 steel rails were laid between Car-son and Virginia, necessitated because of the largeamount of business, thirty-six trains per day beingrequired to carry tho passengers and freight. COST OP CONSTRUCTION. In Dan Do Quillos book, known as the Big Bonan-za, page 228, it is recorded that the cost of tho road,ready for rolling-stock, from Virginia City to Carson,a distance of twenty-one miles, was 81,,000—or883,333 per mile. September 25, 1873, H. R, Mighelsstates in an article in tho Carson Ap]>eitl, written inthe interest of tho Virginia and Truckee Companj-,that the cost of constructing tho entire road from Virginia City to Reno, had been $ 2, Rolling-stock 509,500 Car shops Real *estate, right of way, etc Total cost of assets $3,379,500 Making the cost per mile for construction, 852,107. UJ ou N i 1 —1 hi U E 1 ^; ^ <c; <: s; h! \ ?-» ! s: S 1 / 3 ? 1 14? 1^-^. > li3> crT _lCDUJ N< o q:< CO Sf ^^f V .M RAILROADS. 281 In 1880 the report made to the State by that com-pany as their assets, earnings, etc., was as follows:— REPORT TO THE ST.\TE IN 1880. Expended for construction, etc $ 3,715,873 23 Rolling-stock 712,278 84 Real estate 200,998 21 Teams 34,047 84 Wood 39,844 85 Stockon 146,994 28 Totalcost of assets in 1880 $4,856,042 25 Transportation receipts, 1880 1,124,300 32 Operating , 1880 674,553 38 Net earnings in 1880 $449,746 94 Length of road in miles ..52j^^ Cost per mile to construct road $71,185 00 Cost per mile for other assets, including equipments 21,842 00 Total cost per mile 893,027 00 Per cent, of net profit upon this cost per mile, 9 (-J^ ASSISTANCE RECEIVED. Ormsby County Bonds 8200,000 00 Storey County Bonds 300,000 00 Comstock Mining Companies 387,383 53 Total 8887,383 53 E(iual to 817,065 per mile for the entire length ofthe road. To obtain this assistance inducements were set
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Keywords: ., bookcentury1800, bookdecade1880, bookidhistoryofnev, bookyear1881
