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Show RMLRI1 FOR DEEP CREEK IS ASSURED FACT Line Has Been Financed and Construction Work Will Begin at an Early Date. BENEFITS TO UTAH WILL BE IMMENSE Traffic Arrangements Already Al-ready Made With Western West-ern Pacific; To Incorporate Incor-porate at Once. Within a few days, probably early tbis week, articles of incorporation of the Deep Creek Railroad company, a Utah corporation, will be filed here. This company will have a capital of $450,000, with which it is intended to build, a line from "Wendover, which is 119 miles west of Salt Lake on the Western Pacific, southward to Gold Hill, forty-five miles distant. It is planned, also, to let the contract con-tract for the construction possibly this week, and, according to excellent information, infor-mation, the contract will require the completion of construction of the road within seventy days of the signing of the contract, so that the road may be in operation by January 1, 1917. Information coming from San Francisco, Fran-cisco, where are located the head offices of-fices of the Western Pacific, is to the effect that the Deep Creek railroad has already completed freight and terminal arrangements with the Western Pacific, Pa-cific, which obviously will be much interested in-terested in the new line aa an important feeder. Big Benefit to Utah. Just how great a benefit the Deep Creek railroad which it is now safe to pronounce an absolute certainty will be to Salt Lake and Utah would bo difficult dif-ficult to state. The Western Utah Copper Cop-per company has 100,000 tons of ore blocked out that runs more than 12 per cent copper, besides carrying values in silver. The Bamberger brothers, Ernest Er-nest and Clarence, also have considerable consider-able interests, with two properties in shape for steady shipment. From one of these properties they are now hauling ore running 15 per cent copper, besides gold values, to Wendover, for shipment by rail to the smelter. .T. P. Gardner owns much mining property, including the Polar Slar and the Great Monster the latter on Dutch mountain, thirty-five miles from Wendover Wend-over and directly ou the rnute of the new line. The Calaveras, owned by the Western Utah Copper company, also is sufficiently developed to be ready for production. Mines Ready to Ship. Altogether, it is understood, twenty-seven twenty-seven properties in that district have been examined, all of which can ship pay ore as soou as a railroad is constructed con-structed that will give them an outlet. It was through the efforts of Duncan MaeVicbie, who is a large owner in the Western Utah t 'op per company, that the road has practically been financed, alt of the $4.10,000 that was required", excepting about $00,000. having already al-ready been pledged. This remaining amount, it is expected, will bo raised, probably today. Mr. MacYU'liie returned on Saturday from San Francisco, where he made the freight and terminal arrangements with the Western Pacific officials. He admitted vesterdav that the negotiations negotia-tions for the new line were progressing well and promised success, but declined to make any further statement or announcement an-nouncement until final action bad been taken. However, the information came to The Tribune in Mich form that its accuracy cannot be doubted. All in Common Stock. 'The capital of the railroad will be all in common stock; no preferred stock-will stock-will .he issued, and uo bonds. Jt is expected ex-pected that the tonnage, hoth that in sight and that which will be quickly developed, will pay the pntire cost of the construction and equipment within a few years. In addition to f h"1 mineral territory which will be opened, there am at least SO, Ond nrrps ot fertile, irrigable, la nd in Deep Creek and adjacent valleys that will be opened bvrfhe new line. Altogether, Alto-gether, it is believed firmly that t lie Deep ("reek railroad will prove an immediate, imme-diate, tremendous benefit to Salt Lake and Utah. |