The conveyance from Star City (its locality) to Virginia City will cost seventy dollars per ton; from Virginia to San Francisco, forty dollars per ton; from thence to Liverpool, its destination, ten dollars per ton.

Their idea is that its conglomerate metals will reimburse them their cost of original extraction, the price of transportation, and the expense of reduction, and that then a ton of the raw ore will net them twelve hundred dollars.

The estimate may be extravagant.
Cut it in twain, and the product is enormous, far transcending any previous developments of our racy Territory.
A very common calculation is that many of our mines will yield five hundred dollars to the ton.

Such fecundity throws the Gould & Curry, the Ophir and the Mexican, of your neighborhood, in the darkest shadow.

I have given you the estimate of the value of a single developed mine.