Saratoga and How to See It by R. F. Dearborn
page 15 of 125 (12%)
page 15 of 125 (12%)
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their individual merits. Spring water property is very expensive. It
costs large sums of money to manage some of the springs. The old method of tubing, by sinking a curb, may cost several thousand dollars, and is uncertain then. Moreover, it is no small work to keep the springs in perfect repair, and in a clean and pure condition. The artesian wells cost not far from $6 per foot for the boring, and are much less expensive. Most of the springs are owned by stock companies, with a capital ranging from several hundred thousand to a million dollars. _On dit_ that the proprietors of the Geyser Spring were offered $175,000 for their fountain, and probably the Congress could not be purchased for quadruple that amount. It would not be a _very_ profitable bargain if some of the springs could be bought for a song, even, and yet there is not enough mineral water in all the springs now discovered in the Saratoga valley to supply New York alone, if artificial waters were to be abandoned. The only profit of the springs is in the sale of the water in bottles and barrels; and as the method of bottling requires great care, and is expensive, the per cent. of profit is not enormous. The use of mineral water, both as a beverage and for medicinal purposes, is increasing, and there may be "a good time coming," when these springs will bring wealth to the owner as they give health to the drinker. The Medicinal Value of the Waters. |
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