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Show UNION PACIFISMS , r.IOUNTAIK OF IRON ORE thought 'to have' located the moat valuable val-uable properties In th two Statea. Reports Re-ports by Union Pacific officiala. however, r that the or discovered at Boulder tiJg ia a hematite, la easily worked and contains only one-tenth pf 1 pec cent of phosphorus and runs o ,71 per cent In The opening of the old rolling mills at Laramie wllf mean that 'Hammao. will b aT competitor of the C. TJ JT L for th steel trade of th Weat.v i The Union Paaiflc experts are reported to have discovered a large body of higb-f higb-f grade iron or In tha vicinity of Red i ButteSj fOTTteerr mile? aotitt pf Laramie. ' which" will ba'uaed by the Union Paclflo ia making steel rills" when" it 'opens "its .. rolling mills at Laramie. .: A few weeks ajro a New Tork dispatch . sal4 that tha. Union Pacino would expend j a large lum of money In fitting up a steel j ' - plant at Laramia, which would enable it ; to supply lta own rails and structural steel. That th road Intend to take such action seems probable from the fact ' that tha company Thaa located Iron pre f .of great value at Red Buttes.'on a spur t . i from Boulder ridge, three mUe? from, an old track of tha company. " Th C-F. c L engineer have prospect-? prospect-? ed over nearly the whola of Wyoming k and 'Colorado for Iron ' ore, and ' wera |