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line of the Illinois Central Railroad, about one mile north of La Salle. This is the first shaft that has yet been sunk in the La Salle coal basin, west of the Little Vermillion. The first, or upper workable bed of coal was reached at the depth of 198 feet. The company is expecting to be able to mine and hoist not less than 100 tons per day, or 30,000 tons a year. There are at present in the La Salle coal basin, about twenty, or even more, shafts open and being opened. The number of men employed in and about these works, is about 300. The amount of coal taken out is about 600 tons per week, of which about 450 tons are sent off by the Illinois Central Railroad, wbile the remainder is sold at the banks for home consumption. The price for which the coal is delivered at La Salle is four dollars per ton. The price paid for mining is five cents per bushel, and about 27 bushels make up a ton. Where mining is carried on upon leased land, one cent per bushel, or twenty-five cents, per ton, is paid to the land owner, as a bank-rent, or “royalty.” · The price of transportation on the railroad, from La Salle to Mendota, is 75 cents per ton; to Amboy, $1; to Dixon, $1 35; to Polo, $1 65; to Forreston, $1 75; to Freeport, $2; to Eleroy, $2 25; to Lena, $2 25; to Warren, $2 75; to Apple River, $3; to Galena, $3; to Dunleith, $3 50.

As the land owners, who lease lands to practical miners, receive a royalty' of twenty-five cents per ton, for the coal taken out, the revenues thus obtained, alone yield $1,200 to the acre.

The La Salle Basin, being the northern limit of the coal in this State, the market to be supplied must, for centuries to come, continue as great as the supply which can be furnished. Chicago will also afford a constant demand. Erie coal sells in that city at $8 per ton; while La Salle coal, adding the cost of transportation, which by canal would not exceed one dollar per ton, can be sold at $5, and even less.

The Peru Coal Mining Company has been organized for some time, and intend to commence the work of sinking their shaft immediately.

The Chicago and Danville Coal Mining Company. The deposit of the said company is at Danville, in Vermillion County. The Great Western Railroad, which passes through Danville, crosses this field from east to west. They have made arrangements for working these mines extensively, with a view to supply the country along the line

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line of the Illinois Central Railroad, about one mile north of La Salle. This is the first shaft that bas yet been sunk in the La Salle coal basin, west of the Little Vermillion. The first, or upper workable bed of coal was reached at the depth of 198 feet. The company is expecting to be able to mine and hoist not less than 100 tons per day, or 30,000 tons a year. There are at present in the La Salle coal basin, about twenty, or even more, shafts open and being opened. The number of men employed in and about these works, is about 300. The amount of coal taken out is about 600 tons per week, of which about 450 tons are sent off by the Illinois Central Railroad, wbile the remainder is sold at the banks for home consumption. The price for which the coal is delivered at La Salle is four dollars per ton. The price paid for mining is five cents per bushel, and about 27 bushels make up a ton. Where mining is carried on upon leased land, one cent per bushel, or twenty-five cents per ton, is paid to the land owner, as a bank-rent, or “royalty.” · The price of transportation on the railroad, from La Salle to Mendota, is 75 cents per ton; to Amboy, $1; to Dixon, $1 35; to Polo, $1 65; to Forreston, $1 75; to Freeport, $2; to Eleroy, $2 25; to Lena, $2 25; to Warren, $2 75; to Apple River, $3; to Galena, $3; to Dunleith, $3 50.

As the land owners, who lease lands to practical miners, receive a “royalty' of twenty-five cents per ton, for the coal taken out, the revenues thus obtained, alone yield $4,200 to the acre.

The La Salle Basin, being the northern limit of the coal in this State, the market to be supplied must, for centuries to come, continue as great as the supply which can be furnished. Chicago will also afford a constant demand. Erie coal sells in that city at $8 per ton; while La Salle coal, adding the cost of transportation, which by canal would not exceed one dollar per ton, can be sold at $5, and even less.

The Peru Coal Mining Company has been organized for some time, and intend to commence the work of sinking their shaft immediately.

The Chicago and Danville Coal Mining Company. The deposit of the said company is at Danville, in Vermillion County. The Great Western Railroad, which passes through Danville, crosses this field from east to west. They have made arrangements for working these mines extensively, with a view to supply the country along the line

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