1850 American Gold Tycoon
Chapter 60: Mining Area
Early the next morning, everyone was awakened by the noise from the construction site. Google search reading
The morning in Sacramento came exceptionally early, and immigrants brought carts of construction lumber from the sawmills to build their homes in Sacramento.
The houses they built are also called lightweight buildings. Although they are not beautiful and not so strong, they can build decent houses in the shortest time.
In later generations, emerging megacities represented by San Francisco and Chicago used this kind of light architecture to meet the needs of rapid urban expansion.
In this regard, Liang Yao reached the pinnacle, adopting the modular construction concept of later generations and processing wood into shapes in the sawmill.
The builder only needs to pull these building materials back, assemble them together according to the instructions on the drawing, and then repair and strengthen them.
Of course, there are disadvantages to this. For example, wooden buildings are afraid of fire. Once a fire breaks out, it will be a catastrophic blow to the entire city. Furthermore, all the buildings are the same, and the entire city looks very monotonous and unsightly.
To this end, Liang Yao not only controlled the spacing between building groups and set up fire breaks, but also set up a total of three firefighting units in Sacramento and San Francisco to prevent fires.
As for aesthetics, the first thing that needs to be resolved now is whether there is a building or not. Efficiency is above all else. The issue of aesthetics can be put aside later.
"You also produce these building materials?"
On the way to the goldfields, Vanderbilt sensed an opportunity. This building material would be of great use in the westward expansion.
"Yes, they are all produced by my sawmill." Liang Yao thought for a while and felt that this was inaccurate, and then added, "To be precise, it is a joint venture between me and Mr. Sutter, a large local farmer. Sawmills, San Francisco and Sacramento building materials are supplied by our sawmills, stone mills and our own brickyards.”
"It seems like you are really pervasive in California."
Vanderbilt once again looked at Liang Yao with admiration. Before meeting Liang Yao, he still had the idea that Liang Yao's short-term rise in California was due to luck.
Now he has completely denied his original view. With Liang Yao's ability, he can find business opportunities to make a fortune even in New York and become a well-known rich man.
"How long does it take to build a building?" Vanderbilt asked.
"If there is no shortage of money, it can be built within a month." Liang Yao replied.
"You still have those industries in California and we want to visit them."
Vanderbilt's fellow villager Van Daze also had a deep respect for this young man and couldn't wait to visit Liang Yao's other properties in California.
"Business secrets, sir." Liang Yao smiled.
Fan Daze was a little disappointed when he heard this, but Liang Yao's next words made him energetic again.
"But I am happy to share my trade secrets with you. Let's go and take a look at the gold mining area first."
The largest gold mining area of Xiangshan Gold Mining Company is on the dry riverbed of the American River. Miners wearing canvas overalls are either blasting the bedrock at the bottom of the riverbed for mining, going down to the mine to collect ore soil, or washing the ore trough. No one is idle while washing and sifting for gold.
"Brother Yao, go this way. There is a blasting area on the left. It's not safe."
Deng Wenqi, who had his braids cut off, was much more energetic than before. He was in charge of the mining area on the American River bed.
Liang Yao's ability to entrust him with such an important matter was a sign of great trust in him, and he was extremely proud of it.
Just as he was talking, a deafening explosion sounded not far away, and everyone couldn't help but cover their ears.
"I haven't seen you for a long time, and you've become a lot worse. The conditions in Sacheng are more difficult, and it's also hard on you." Liang Yao said with concern.
After Liang Yao moved to San Francisco, many Deng brothers followed him to San Francisco, while few Deng brothers stayed in Sacramento.
"It's not bitter, it's not bitter." Deng Wenkang shook his head quickly, "It was still winter when we first came to Sacheng. A few of us squeezed into a shack and got through it. Now this little hardship is nothing. No matter how hard it is, look It’s so sweet just to look at the golden gold. I never dreamed that we would be here today.”
Deng Wenkang's words came from the bottom of his heart. He originally came to California just to make a living. He is very satisfied with what he has achieved today.
"Speaking of gold, how much gold can this mining area produce every day?"
When asking about gold production, Liang Yao switched to English to talk to Deng Wenkang.
Deng Wenkang is not stupid. Liang Yao asks about the gold production every day. He naturally knows the gold production in the American River mining area.
Asking about gold production in the foreign devil's terms in front of the foreign devils is nothing more than talking to those foreign devils.
"It's hard to say. The amount of gold produced depends on the gold content of the soil being mined that day." Deng Wenkang replied.
"Just tell me how much gold was mined yesterday."
"7 ounces!"
Deng Wenkang said a number with zeros and whole numbers without hesitation.
"Very good." Liang Yao nodded with satisfaction.
He knew the gold production volume of the American River Mine very well. Yesterday's actual gold production volume was 1,037 ounces, which was not even half of what Deng Wenkang said.
The total gold output from all the mining areas of Xiangshan Gold Mining Company is only 1,780 ounces, far less than the amount Deng Wenkang said.
Of course, it is not impossible to achieve this output, as long as he piles manpower into the mining area. Anyway, he occupies the richest mining area in Sacramento and makes money no matter how hard he digs.
It’s just that he encouraged Chinese immigrants to reclaim land and did not pile all the young and strong labor force in the mining areas.
"Are you sure you are talking about daily output and not monthly output?"
"More than 2,100 ounces of gold a day, does that mean you can earn more than $65,000 a day?"
"Oh my God! You can become a millionaire in just half a month!"
These relatives and friends of Vanderbilt are all wealthy people in New York. Even when they heard this number, they all felt unbelievable and almost jumped up.
"The bill can't be settled like this, gentlemen. I have to pay the miners' wages, explosives also need to be spent, and there are many other expenses.
Moreover, one mining area will soon be exhausted, and we will have to look for new mining areas. Take the American River Mine, for example. Its overall output is declining. "
Liang Yaoyun said calmly.
The daily output of more than 2,100 ounces of gold made Vanderbilt, a capital tycoon, excited.
Even if there is some water in this figure, after deducting other expenses, Vanderbilt believes that the gold flowing into Liang Yao's pocket every day is still very considerable.
What's more, Liang Yao also has other industries in California, and it is not impossible to earn US$50,000 or 60,000 per day.
"This is just picking up money!"
Vanderbilt suppressed his excitement and said that there was far more gold in California than he imagined.
"So I am not a millionaire worthy of the name, but a millionaire who picked up money directly. I am very watery and there is a big gap between me and you." Liang Yao said.
Since there was no state government in California in 1850, there is no very accurate figure for how much gold was mined in California in 1850.
However, there are data from 1851. In 1851, the gold production in the United States was 77 tons, of which 71 tons came from California. If converted into ounces, it would be more than 2.3 million troy ounces.
The gold production in California alone accounted for half of the world's gold production that year (about 45%). It is not surprising to pick up a few millionaires in a place where gold is everywhere.
Even in the near future, rich gold reserves were discovered in the New Gold Mountains of Australia, that is, in the Melbourne area.
However, its output was inferior to that of California, and the British Empire was unable to shake the United States' position as the world's largest gold producer until South Africa, which was not a martial artist, also discovered gold.
South Africa's gold production is even more heavyweight, with annual production calculated directly in hundreds of tons.
But in terms of influence, the gold rush in South Africa was far inferior to the gold rush in California.
The same is true for gold. Gold dug out in South Africa never belongs to South Africa, but gold dug out in the United States belongs to the United States.
Perhaps this is the tragedy of being a colony and a weak country.
Liang Yao's words actually made these rich people feel a lot better. Otherwise, his half-life efforts would not be as good as someone else's one or two months of gold hunting here. Thinking about it makes them mentally unbalanced.
After they finished walking around the mining area, Liang Yao had already prepared a bigger surprise for them, and he extended an invitation to these rich people.
"Gentlemen, I sincerely invite you to visit the vault of my bank. I wonder if you are interested?"
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