Salt Lake Telegram | 1925-10-08 | Page 10 | Nation Turning towards Utah because of Its Rich Lead Mines

Nation Turning Towards Utah Because of Its Rich Lead Mines Lewis II 86 Merritt prominent mining man with headquarters In Detroit Mich declared here Thursday that Utah's tremendously tre tre- rich silver lead mines are beginning be beginning be- be ginning to be tile the talk of the East People Peo FeO pie lit the East East East-by by that 1 I me n In the tha thickly populated centers of the tue country coun coun- try try are are beginning to realize Utah's pre pre- position as 58 a producer of silver lead ores The three districts of the state state state- Park Pant City and without a rival rUal anywhere for mineral wealth Lead Is the foremost metal to day Wherever manufacturing is 15 going on people are arc realizing this and and- Utah seems to have the only large per permanent pee manent deposits of Importance and the only place where new deposits are being found S Mr Merritt Is In Salt Lake en route to the Moscow mine near Milford where a new flew ore strike has baa be- be ben been n made He is In Interested interested in- in in this property he lie states STILt and generally makes a trip once a year to visit it He lie said that he Iso has heard so much talk in the East on Utah's Vials's silver silver- lead mines maine that lie intends this trip to visit the big producing mines of City anti Mr Er Merrill predicts predict that the Eastern investors are Just beginning to realize the rich returns from Utah's lead sliver stocks and pro pre predicts dicta that it will ili not be long ions until the paying dividend stocks In Utah mInes mine will be selling at much higher prices when strong Eastern buying takes place He lie says the country is on the crest of ofa a mining boom that Is good for from three to five years antI and that so far as ashe ashe he Is able to discern Utah Is the most favorable section of the country to profit by this LIBERTY BONDS i 1 r. r M. M NEW 2 YORK Oct S. S Liberties 1 I p. p m. m Liberty 3 second 4 45 a. a l second 4 4 third 1017 1011 fourth 1023 1025 States government 30 10 Slates government 4 43 1067