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PROJ00116
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Last modified
11/19/2009 11:43:08 AM
Creation date
10/5/2006 11:36:26 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C153477
Contractor Name
Victor, City of
Water District
0
County
Teller
Bill Number
XB 99-999
Loan Projects - Doc Type
Feasibility Study
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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />city with sturdy brick buildings. Nearly overnight it had managed to <br />transform itself into one of the most modern mining towns in the <br />nation. As the fifth largest city in Colorado, Victor contained a <br />modern hospital, two undertakers, 35 gambling halls and saloons, eight <br />churches, one high school, an opera house, and a population of no less <br />than 18,000 people. <br /> <br />The true industrial backbone of Victor was its many mines. Specifically, <br />four mines, all located on Battle Mountain, accounted for the majority <br />of Victor's wealth. The Portland Mine, recognized as the producer of <br />over half of Battle Mountain's gold, had the biggest surface building <br />and the largest (700-man) payroll. The longest-lived mine, Ajax, did <br />not cease operations until 1962. It also had the deepest shaft in camp <br />(3,500 feet) and yielded some $20,000,000 worth of gold. The Indepen- <br />dence Mine was third ranking in the district with $28,000,000 of gold <br />production and an extraordinary eighteen miles of underground tunnels. <br />The best equipped mine, Strong, claimed a "mere" $13,000,000 worth of <br />gold. In fact, Battle Mountain was so rich with high-grade ore yields <br />that Victor's streets were literally paved with gold (albeit the lower <br />grade ore). A fifth mine, Gold Coin, merits attention as well since it <br />stood directly in the center of Victor's business district. <br /> <br />The mining industry grew until the 1920's. Between 1920 and 1930 the <br />demand for metals declined. As a result, the mining industry failed to <br />keep pace with the growth in the national economy. Ironically, the <br />gradual decl ine in mining activity served to preserve the town's <br />Victorian architectural heritage. <br /> <br />Table 2.1 presents chronological tracing of the population fluctuation of the <br />city and surrounding area. Data was made available through the Department of <br />Local Affa irs. <br /> <br />14 <br />
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