Show STEEL MILL PROPOSED To Be Erected on West Side East of Jordan River WILL WORK UTAH IRON ORE Eastern Syndicate of Great Wealth Is Said to Bo Backing the Project Utilize Ore From Iron County and West of Salt Lako for Manufacture of Steel Bails and Other Articles Plans Are Being Made for a Modern Mod-ern Plant Names of Promoters Not Divulged I The erection upon Borne west side tract of a large modern steel plant seems to be a project that Is nearing fruition For many years it has been talked of and has been one of the goals which the commercial Interests of the city have been striving for It was learned yesterday that the matter Is now being moru seriously considered than ever before and behind the project pro-ject Is a wealthy Eastern svndloato The plan is to erect on the west side a modern plant for the manufacture of steel the vast Iron ore deposits west and south of Salt Lake to be utilized It has been demonstrated that the ore of Iron county Is equal to any for manufacturing man-ufacturing purposes and that a plant at Salt Lake would soon find a market J for Its wares the local demand for steel rails and track material bridge material and other articles of steel be lug large enough even at the present time to kcqp such a plant busy to say nothing of the demand of the future on the Pacific coast and In the new possessions In the Pacific The Tribunes informant states that a definite announcement of the com I panys plans will be forthcoming with c j In two months It Is a wellknown fact that John W Gates the Colorado Fuel and Iron company the Pleasant Valley Coal company the San Pedro j road the Walker brothers Senator I Kearns the Mormon church and other local parties have large holdings of coal and Iron lands In this State but who forms the new syndicate Is news which has so far not been divulged |