Show FAST ST INDUSTRY IN UTAH IRON IRONI L I CONTEMPlATED I Deposits to Be Worked by Steel Corporation Corpora- Corpora I tion Which Increases Capital to Salt Lake City will become the thc PUts PIUs of ot the West cst and Utah will become come U le of ot the tho greatest manufacturing a ats s in the Union Unions is s a n result of or the of ot the Immense Iron de- de of ot Iron county count now In prospect Incidentally an assurance of ot the of ot a material amount of ot oton on ore will mean the Immediate con- con ruction of oC a n railroad that not only onh Ill tap the Iron fields of ot southern tah tab but will bo lo extended Into the virgin forests In tho the world and andi i to the tho Grand canyon canon of the tho Colo- Colo do 40 thus Increasing Salt Lake Lako City's eminence as n. n transportation center oth th for tor freight and tourist travel These prospects and the tho assurance of ot 1 i Increasing demand for Iron and steel in the tho West Vest as a n. result of or the of ot general business l Os es s were factors which resulted in the of ot the tho Utah Steel corpora corpora- on sn voting to increase the tho capital ock from to TAH PROJECT PROJECTS The Tho entire project including the con- con ruction of ot tho the railroad it is Js declared upon the tho financial support of ot 10 1 e people of ot Utah It Is stated by of ot the tho company that Eastern and manufacturing Interests ivo yo declared their Intention of ot Invest- Invest IS' IS g heavily In tho the enterprise provided tah capital and the tho people generally r the state display a a. material interest 1 the tho venture It is ts said that the tho flotation of ot the capital stock Issue lesue or the of or Jt Its success success will mean th construction of or a to the tho company's plant at al Ud Id vale and the construction of ot a no ranch anch line Uno of ot the tho Salt Lake Route om Lund to the tho iron fields a R. die die- taco nce of ot about two twenty miles with 10 0 o prospect of or a still further extension I a 1 described Following today's meeting of or the officials of ot the company compan pressed confidence that the plans of or 10 e company would be successfully cared cared cared car car- ed out and will result in bringing ero sro within a n very er short time a a. number r steel using concerns D o QUADRUPLE CAPACITY According to General Manager l M. M S S. S o the tho addition to toO 10 0 O plant will mean an output of ot na ns of or steel a n month as compared Ith the tho present capacity of or tons month The Tho company began besan opera- opera one ins six years ears ago with a capital of ot while the capacity of ot the tho plant as only tons a n. month I It Is stated that tho the plant which has haslen hassen len sen running Intermittently during the tho er od of ot dullness will vill start up next eek reek with a sufficient number of or orera orrs or- or ers era rs to keep tho the plant Ilant bus busy for several at least General Sales Manager H. H G. G Parcell more moro orders were received u the present week than during ny ay week for tor man many months which fact tact 0 1 attributed to the tho general improve improve- ent in business conditions now in ogress regress ogress |