Show ANOTHER DEAL IN IRON colorado fuel airon I 1 ran company com pan pay C tyma fv hs h imn on an the reservation the latest move of the colorado fuel airon iron company is the purchase by that organization of the immense and valuable de deposits of iron ore situated near the western boundary line of the former uintah indian reservation reser vatson since the opening of the rese reservation ovation a number of eastern capitalists and mining magnates have been looking after this gigantic proposition but the C F 1 I company succeeded eucce eded in landing the much coveted prize this accomplishment is due largely to the ability of their hustling local representative mr E H wilson he closed the deal a few days ago witha gen aleman from by name of judson who held a power of attorney attorn ty from the actual owneta and patentees of the tbt patented claims besides an option on ahe the entire group we are unable to certain the number of patented mn claims involved in the deal but we w are able to state on the authority of mr wilson that the property purchased included five patented claims the consideration for which the ownership of the property passed to the colorado fuel iron company was the property Is situated on the main divide tho north for 0 0 D du 4 chesne and provo rivers haerb the country where it is situated la is known ss as 1 soapstone ap basin and la is about 35 85 miles milea distant an t irom from park city j it t discovered a great agrest many years tego ego the first development work on it was waa performed by hr air cummings of heber hebec city ile he also hauled a few loads of the ore to the smelters shelters sm elters in m salt lake vailey during the early eighties over tons of the ore w i used by the park city are arn eltera elters for fluxing flexing flu xing and seven mining claims of it were pa patented dented by E r t ferry of that place thi the ore is a red he hematite of the same flame character as aa the deposit on the dyer hill the ore delivered at park city la Is said eaid to have averaged over fifty per cent iron one of the stockholders of th the compary who visited vernal beffi e th the deal was closed made statement that this particular kind of iron ore la Is the moat valuable in the world and the C F 1 I company are in the tha market for all they can find of it |