OCR Text |
Show ANNOUNCE PLANS TO OPENJP MINE Ni:W CONCKHN TO HTAHT Ol'KK- jH A1IONN IN THIS COUNTY. H Crjutnl Cont Contiiniiy Complete Ar- H rnugeiiients For Work Near Helper H Dcelnn.il to Ik) One or the Clrrat- LAfl est Fields In the Hlnle Will llev glu Glxrntlon In ICarly Spring. OODKN. Jnn 9 Plans for the H early development of what Is doctored H to be one of tho greatest eonl fields or H the stntn were announced here today H when officers of thn Costal Coal H oompnny completed final arrange- H ments for starting Improvement work H as soon ns weather will permit In the H spring Tho field to be developed H Includes four hundred nnd forty ncre H of eonl land In the Castle Onto district H and the tract Is situated between the H Cnst Onto nnd Spring Cnn)on prop H rrtles. nhoul two miles from Helper. H Aerordlng to the officers of the H compnn). most of whom nre Ogden H nnd Morgan men. arrangements have H been completed for disposing of ft H hundred nnd flft) thousand dollnrs H worth nr bonds to ICnslern capitalists, H this mono to be expended In (level- H oping tho property It Is planned to H complete thn mining equipment In H seven months nnd put coal on the H mnrket next rail It wns announced H todn) that W M Hostpah of Suit 1 Irftke Clt) nnd other engineers had H Just completed n new survey of the H patented claims purchased from thn H government four )cnrs ago nt n cost H of nbout slxt) thousand dollars. H Tho officers of tho company nro H W I Norton, Ogden, President; C. It. H Ousting, Ogden, vice president, Joseph 1 Williams, Ogden, second vice pros!- B dent, C M Croft, Morgan, secretary; Frank Filigree. Coalville, treasurer. 1 These with O S llelner nnd Oeorge H Tnggart of Morgan and II P. Crltch- H low nnd Dcvld Tracy of Ogden com- 1 prise tho directorate, Messrs. Nor- ton, Tracy, Crltchlow nnd Gosling H were thn original locators of tho coal property four )eara ago. They paid H tho government about sixty thousand H dollars in cash for tho tract. Tho average prlecp&ld won a hundred nnd H fifty dollars nn ncre, nnd It Is ettl- H mated that the property contains M from twenty to forty million tons of H It Is estimated that virtually the H entire hundred nnd fifty thousand gH dollar to be raised by bonding will bo H expended In tho development of the property One of the principal lm- H provements will be nn electric tram 2.C9 miles In length and the longest tram or Its kind In the state. The H equipment throughout will be the most modern apparatus known to coal mining. The coal I easy of nc- cess, necordlng to the officer of the company, every pound of which will be transported down hill to n branch linn or the Denver and Hlo Grande "We have been working constantly H on this proposition for tho past four H )enrs nnd tho time now seems nt hand 1 when wo will have this eonl on the market," sn)s Norton "Kver thing H Is arranged to start vvork on the B equipment curly next spring. There seems to bo no reason wh) we cannot H get thn coal on tho market next fall, H Tho itiallt) of tho coal, which we- H consider to lm the best grade In Utalii 1 should find It n ready market." .jrf - |