Show A NEW ASPHALT COMPANY price advocate the intermountain asphalt company company is the name of a corporation organized under the laws of the state of south dakota a few days ago to operate in the carbon carboniferous regions of utah the capital stock is divided into shares of 5 each the officers are as follows president W H innes boise ida vice president R W salt lake secretary nels forsberg salt lake treasurer truman schenck salt lake these with A G mahan of salt lake form the directorate R M pope of vernal is also connected with the enterprise the new company has acquired acres of land near the head waters of willow illow pr creek eek grand county where it is stated that there are in sight tons of asphaltum which can be mined at a minimum mum cost A contract has been let to A T davis of berkeley cal for a ton refinery which is to be erected by the early part of august As soon as the refinery is ready raining mining will begin the production at first will be 50 tons a day all of which will be shipped to the boston company the promoters say that the entire cost of mining refining hauling and freight to boston will be 1750 a ton the market price there is 40 a ton |