Salt Lake Herald-Republican | 1915-09-05 | Page 26 | The Story of a Builder

The Story of a Builder Si Sixteen years ago property that is now tho the famous Cardiff mine was pretty much virgin soil Had it not been for F. F i TV Yo Price it is probable that the treasures of the Cardiff would still be hidden under mall many feet of ground F. F TV r V Price was eras was one of the Iho first to h hear ar nn and heed the call can t stop slop I slop in III Utah Twenty seven years jears ago Price came to Utah Telling of his experiences he ho that he be received little says s encouragement from those an ui anthe the east enst who vho claimed to be familiar with ith conditions in ill the Bee Hive Hi state Shortly after his arrival Price became interested in the possibilities possibilities possibilities pos pos- of development dc of mineral resources That the tho state was a treasure house of mineral wealth was generally generall known but at that time me there were difficulties to be overcome which discouraged ged investors ill and promoters For about nine years ears Price dabbled more or less in small mining propositions acquiring acquiring- a general knowledge of tho the state and a l wide experience in the handling of mining property About sixteen years ago with some associates he lie obtained the tho Cardiff property which has since proved prO to be bo one of the most valuable silver lend properties in inthe inthe inthe the country Today Cardiff stock is regarded as one of the best investments in inthe inthe I Ithe the long list of mining ventures It came into its own only after years I 1 of severance hard work and courage on the part of Price and his Ins associates The Cardiff property is really the tho Bingham of the silver silver- I lead industry The Tiie ore although high grade compared to some that thatis is 15 rained mined at nt a profit in Utah is far inferior to the famous old Comstock Comsto k I M which in in spots ran nearly two thousand dollars to the ton The an average of the Cardiff is about thirty dollars but experts sa say that before the supply of ore is finall finally exhausted tho the Cardiff production will have ha exceeded the wonderful record of or the tho Virginia Cit City property F. F TV V. Price is still a n large stockholder in in the company but as he says now th that t it is a staple industry he is content to let others manage manago man man- n ago age e the details while hile he turns his attention to developing new property t tOne One Ono of his recent ventures is the Price ice Mining company compan lie llo is president and general manager of this org organization which controls the tho Clara M 1 group lOUp of mining mining- plo properties These properties aro are all patented and include Montreal l Hill Development work has hns already been started A is driven and anti will ill be installed tunnel being bring a n. compressor within a n. short time York Work on the bunk house which will Mill be 00 a 11 two story wooden structure capable of or accommodating about twenty five men was b begun gun yesterday I Pries is also president and general manager of the Demijohn Consolidated Consolidated Con Con- Mining company of Pioche X Nov Nev C I Although most of his time timo has hns been devoted tle to clop dc developing n. n the I resources o of the state and incidentally making a fortune for himself Price for six t ix years cal S served ser Utah as IS commissioner in ill state stale bureau of I statistics He lie was a a. deputy commissioner whew when tho the bureau was first formed l and mill through h his efforts did lid much Hutchi to bring it up to its present ent state of efficiency