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Show BRAN' NEW GAMP IN LA SAL COUNTRY Special (o Tho Tribune SAS1N, La Sal Mountains, May IS. Radium Is the- name of the new town now helng started on the Grand river near tho old town of Riehardeon. Tho promoters annuunco that Inside of sixty days thoy will have a good supply of water on the ground, the surveys made for streets, and a number of bulldJngy In course of erection. erec-tion. Tho company backing thjs enterprise enter-prise is composed of N. W. Blfithon of Denver, Colo.. F. E. DuMoulIn of Jolict, 111., C. r. Schumacher of Lendvllle, and Gldo IX; Propper of Basin, Utah. Mr. DuMoulIn returned from Denver today fully equipped with all the necessary nec-essary prov!alonn for going ahead with the enterprise. They have taken up more than 600 acres of ground' at what was formerly known as the Beer Bot-ton Bot-ton about two miles below the old Riehardeon Rieh-ardeon place. These gentlemen have also located fourteen mining olaims near the famous Welsh-Lofftus property, proper-ty, upon which they will at once begin active development, as well as having quite a tract of oil land In tho Richardson Richard-son Basin. A substantial .hotel Is to be erected a bank started, a newspaper established and numerous? other business ventures will be among the permanent business enterprises. The newspaper will lie christened "Raidlum," and in every re-epect re-epect the new city will have the famous new substance of radium attached to Its prospective future. It is also a forerunner of the coming of the Grand Valley, Colorado River & South Pacific railroad, and may be called a railroad town as well as being tho commercial trading point of all this country. Messrs. DuMoulIn. Blelhen and Schumacher Schu-macher are men of unlimited capital and have come to this country to stay. They will also bo largely interested In mining in the La Sal mountains, having hav-ing already taken hold of the Iowa property prop-erty at Baein, and as soon as practicable practica-ble will start extensive operations here. They are qulto enthusiastic over tho showing at the Welsh-Lofftus uranium-radium uranium-radium mine, and frankly state that it Is the most remarkable mining property prop-erty they ever saw. The big boilers, engines and other machinery ma-chinery for the placer plant at Dewey is now on the road from Cisco and no time will be lost In getting it in opora-tion. opora-tion. Hamlin-Brooks company have about a mile of very rich gold bearing gravel along tho Grand river and they .are going at It In a business manner now to take out big pay. Perry D. Jones has a force of mon at work putting down an oil well aboui. five miles west of Cisco, and at last accounts had reached a depth of 1S00 feet with very flno indications of oil ahead of them. Several companies are preparing o put down wells In the vicinity vi-cinity of Cisco. All of the country from CIbco to the Grand River crossing, a distance of thirteen miles, has been located lo-cated by oil operators. i Charles W. Haskell, chief engineer of the Grand Valley, Colorado River & South Paclfio railroad of Grand Junction Junc-tion has been ordered to prepare himself him-self for notice at any time to start work of the survey down tho Grand river to tho head of the Colorado. Ho will be at Radium this we?k to do the preliminary work for the townslto company and to survey the radium mining claims. |
