Show NEW STEEL PLANT IN INS S ALBERTA PROJECTED S WINNIPEG Man June 13 St. Bt Paul capitalists are about to establish a steel S. S plant and smelter n near ar Co Copley Cowley lcy Alberta Kelso capitalists have ha turned over Immense Im im- im manse mense coal and Iron deposits ne near r CowS Cowley Cow Cow- S ley Ie to tho the syndicate and tho the latter have havo haveS S taken an option of iron deposits for USO The ore Is n adapted for tho the manufacture of steel S. S Tho The St. St Paul capitalists ha have also abo se secured secured se- se cu cured d a a. charter for a n. railway from Butte to Calgary This Thill lino Uno has luia been located and contracts will be let this month The Tho syndicates syndicate's chief object Is the develop development S ment mont of or Iron and coal A bonus given to existing Canadian steel industries by the tho Dominion government ends this year and new ne companies can enter the field without without with with- S out this handicap to contend with |