Show JT N News w. w F. F A O HP 7 O th the Latest m A 7 A M INING I St I N I N G mass's the te Camps Cam aid 8 OD STOCKS S TO C K Fro S Pe Fra flashed L MARKET M A R K E c UTAH ilIAD COPPER TO 10 c M SAVE SA VI BIG BIC BG MONEY NONY IN ITS RAILROAD j IS I t r 4 Wille While the Utah Copper company compan will wi expend a large Jargo amount of money in n S building building- its is own ra railroad from the tho mine mineto to the mills mis and smelter at Garfield Garfeld i it S will wi perfect a 1 bi big t savings in its transportation trans 5 which will nill wil flay fay for lor tho the road within four years Th The account of this thi line and the splendid financial condition S of Jf the company is' is given in the following 5 1 S. S statement from the Do Boston ton News Xe s Bureau BuS Bu reau S In Tn conjunction with wih the enlargement enlargementS mill from froma S of the tho Utah Copper company's mil o a capacity of tons d daily daiy ib to tons ton daily ai and tho the Boston Consolidated mill mi from 2700 OO tons tons daily dai to tons S daily daiy or u total aggregate tonnage of S S OO tons the question is receiving the tho attention of the executive committee commit commit- tee tM as l to the method of transporting that amount of ore are from toni the mines nunes to toS I j. j I the mis mills The present branch lino Itne lne of S S tho the tho Denver Rio Grande Granlo was as only built for the purpose of handling some somo I 5 buit tons a n du day and has had bad peat dif dif- dif I S to meet the rapidly ly increasing production of or Utah Copper the tho past I year S Engineers of the Utah Uth COP Copper er company com corn have o been heen making sur I pany recently 2 veys voYs to ascertain the practicability ot of r having the company build a railroad of I Ir I S its own from the mine to the mill mil and S have liae 1 finally 11 J located ono one which will wi be 4 S only olly s seventeen miles long lone as compared S with twenty twenty en e mi miles nilles of the tho Denver 4 I Rio no Ro Grande and will wi have an nit even cn 2 S per tIer cent down own grade the entire entre distance from the tho mine to the null mill Ji which will wi i permit of or n a very low loW C cost t. t of operation This will wil include tho the building of a anum num number his ber ler of short tunnels aggregating colS col col- S di about a mile mie in length S The Utah th Copper company compan at present time is lending mon money monon on the street time and has some of cash copper and receivables on hm hand Tho Tim construction construe construe- tion lion of such a n railroad as above e proposed proposed pro pro- poe posed would cost in the neighborhood of S. S and in c connection wi he final decision to build this railroad 5 h which should give i an additional profit to to the tho Utah Uth Copper company of some sonic or a year it i is not S unlikely that the question on ra may come before the board of the Utah people SS S within a a short time tinie as to whether or not this railroad shall be built buit out of present pres S. S cut cat cash assets or whether such railway railwayS S may sell sel an n issue issue of DC bonds when built buit S. S the Utah company reserving in its is present presentS ent of cash assets for working S capital in connection with wih the large u e amount of copper which it will wi haveS have S steadily in process |