Show Deal Has lleen Closing g fot Vast Pas I Six Months I Financial cla 1 for Senator Clark On Saturday evening official con COIl of 01 t the he sale lc of at the Oregon Orgon rt Line and other appurtenances t J with ith the system south of or Salt Lake Laki t I tho thio San Pedro Los Ios Angeles Salt fair att Liki lk tame lUne to Salt Lake direct b W V A Clarh Clarl president ct ci th 01 j P e cs link In a II big Illg fatal MaJ i system In a short dia J aIh i h hy by A Underwood In ratio lor i t I I to 10 0 the Copper King KIllS the clos cbs ins Ing in UI up rr rf f tta deal jea was sas announced It Is i r v in i order for Cor Halt bike real Salute u K oar hoar several notches the tho reel roel tiu tf cf f tanh to set sot apart n a ay lay liay y of bration and limo tho hopes hOlies of or the Dma DI lIk a k miners to be realized 1 after tiny yams allI That u n a deal has been Under way fiT the pst ts six months has hils been pat lant tnt at to 10 tho tia renders of oC the Ihu News New for tor letral ural months month past The Tha deal deat was to El aJi Intents and an purposes closed some fonio tuno ugo but hut there here were minor matters to w if ti L leaned up lip before all an an MUni m nt waa IM All ob have havo been overcome and now no wi ji that Is for tor the tho directors of ot tt tb 5 San Pedio P IO to go 10 through the tho form r Cf the sale sille nt at n a social special meet it JS to 10 o bo ailed In the tho near future when the will be turned over to the tho thon San n Pedro and active construction from both ends of ot the line aim TILlINg IN TWO YEARS lark announces trains alIt bo Lr b running Los Angeles ha MII n two 1110 lar from date lIate Others fa in lar with tho the situation aver liver that the them thena na Is conserva m Uve fe m tn i his hi estimate unil am that 18 IS months nr th he PP gp s the this Nevada dc lies des IM lr tnt Ill be 11 closed up ups s l to say fa the ne elation Callon following the te Is great and tho the the cc who were wont to call I San 1 Project the Hot not Air I ROute i ute UI now conspicuous by their They have utterly vanished INEST ROADBED isi 1st on n has hu bc been n printed regard f E r Ih rf road lOnd te bed 1 ot of te the ter n r r rUt pe p Ir now l 1 being constructed In Inar ar rr This will be continued right I Uh to Salt Lake Concrete cul clIl I II wI bridges heavy steel laid on ont tt tA t h Plates with Joints to tot toI st t r am rock ballast will be hie the I r fr Very fr toot foot of ot the tho permanent a ar It 11 IE III that there will b bH w be wI H mt I Ir In i 1 I 1 like east eastA kc It In l the Hc west well t and few like A t MOMENTOUS IE TOUR It he the Inside history of ot the truB le that tha t lass has been Leen waged for tor over two could lint but be made malle public It would toad road like a II romance roman Senator Clark storied started out oUI with the time avowed pur purpose pose of 01 building n a 1 blab IIno through from Crom Los Ios Angeles to Salt Sail Lake K E II 11 horn man and George J undertook to say that he lie should not unless some pome or nr were made malic that would lw be of or material to them Every move moore mnnIe was sas stubbornly contested and all Kinds hinds of ot obstacles were placed d In III the ray uny Arguments Were etc ere used threats made but hUI through It all the promoters of ot the Salt Route Houte Kept on de do determined I to 10 keep koch their promises es and build the time road roal III In spite of all alt Wall street I I HI W H H H H l H H H H I I H IH H H Hj T j T T j r rI 1 I 1 X I It t t I c j cj t I T Tt T t 1 k T Lk j 4 t 1 f tn I T TT 1 t X T 1 T 1 I It q qt qI I If Ij j t I t t t X XI i a t I it itis r rT T is T y X t tT T Y tF T Y I 4 h hf f i It J Jj JV I Iy j t y V y 1 X Lt f a ad XI I f d 1 1 I 4 4 J L II I t I SENATOR SENA TOR W 7 A CLARK and the tho Interests which strove to hold the monopoly over the time territory to be Invaded HAnm srm r rIt It Is probable that Harriman would have havo succeeded but ut for fur the fact that the tilt promoters of the time new ne road wore were In a n unique position they did Jill not have to go on to the money mone mart and float Jowls bonds for or their inroad they the stood I prepared to bui bui I overy er foot of the tho line lino out of their n n pockets and ask no favors momo anyone Thus TItus It was von that harriman for Cor once was up again t an un opponent who could light fight him with some Kome assurance of ot ulti ultimate mate mimic success In the time face of ot this situation Clark an all i have hOe patched up their differ differences differences I and rind one of ot the early results of at 1 tho the transaction will be the tho erection of ot u a I handsome union depot In Salt Snit Lake at atthe atthe the foot of oC South Temple street which will viii be used uMed Jointly by b the Oregon Olegon Short Line and tho the San Pedro Los Ios AMol s Sill Knit Lake Lako roads to accommodate te time the crowds of ot tourists that will ere tre long pa s through this city on their 11 ny to and from the tho winter vinter of oC southern California This big building It Is ls promised pl will be n a credit to 10 the city ROSY nosy FOR Fon SALT RAIT LAKE Salt Lake also Is bound to grow and progress with leaps heaps and anal hounds bounds under the time stimulus of U the th advent of a I new transcontinental line Shops will vill be he built capitalists will Invest their money mane hero hore and a ft big Influx of oC permanent res ros resIdents residents will lIi follow In Its woke wake Hut Emit the time building of oC the San Han Pedro rond road means much more Inane to the State Stale of Utah nt cit I large It means that Utah will trill become the Pennsylvania lenn of or the west With th I building of ot tile the railroad the th mountains ot of Iron Iroll ore near Cedar City will be lip honeycombed by b an aimy alm of oC miners Experts I who have visited Iron county are the authority rH for the time statement that the ore can OlIn bo be mined 1 at n II cost of or orl 15 16 l cents a ton lUle time the United States Steel corporation pays 80 60 cents centA a aton I Iton aton ton The experts also aver that hint t with the transportation afforded a nl ell that the limo best HOil mer pig IIII iron nn an n be tie produced 1 from 3 to Jt 34 t a ton cheaper while steel teel rails mils ran can un be produced In Utah tush for 13 11 I a aIon aton aton ton Ion t the Iho present price Jn to San Francisco of oC f IS a n ton With big roll roil roilIng Inn Ing mills In Southern Utah the time Ban San Pedro will 1 lit P In n a position to ship time tho product til Ii the Orient via viii hl Son Pedro harbor and undersell all competitors to tomy toU my U nothing of at supplying the western market with rails I 1110 STEEL PLANT An eastern castern expert who ho baa ima been look book lookIng tag Ing over the time ground hot hll prepared time the th following figures for the erection etl of an nn Immense steel plant In Iron county lie Jle that on an all outlay anita of oC that a 1 of oC not less lei than 20 ir cent cont annually would bo ho forthcoming with a probable profit on steel te t l 1 rails of oC over M 10 O per cent clint The Time profits from time the big III coal deposits lire Are not flat Included d TIll TJi Time report In tn brief Is II na ns follows COST OF 01 IRON mo PLANT motto 42 23 Otto Hoffmann byproduct coke ovens nt at each Mch Four l our blast furnaces each Rail hail mill comprising works blooming mill mobil and roll roil mill capacity 2000 1000 tons dolly dally 0 Electric nt railroad for or 01 assem assembling em bling materials 0 Opening ore Ol properties OOOO Cost Coat of or and water waterpower power laboratory machine shops houses for tor men amen etc ete Cost of oC ore property 0 Cost of coal property Working capital 2 Opening up UI coal property Total otah T It If beehive ovens were built at nt coal coat coalmines coalmines mines the time investment would be bo 1600 lees tess I COST OF MAKING MAKINO PIG LIO IN UTAH Based Basell on all malting coke at nt coal mines moines In lit beehive ovens 2000 POunds of coke Freight on Ore delivered at plant 1 24 tons at al 70 76 cents tOI oi limestone at nt CO GO cents 30 0 Labor incidentals sal repairs renewals and replacements liCO Total 50 Cost ot of making mulling pig Iron lion In III Utah bused based on making coke cole ut lit works with byproduct ovens Cost of coal coni at mines per ler ton K liS Freight on camo caine 1 0 One Ona and tons Ions coal oal at al 15 1 Oj Cost of oC coking 40 O Total cost of at coke 24 Loss Lotis credit for tor ammonia tar and feet Ceol of ot gas yen per ton of ot coal SO K KNot Not cost of ot coke Tubs This effects effect a n saving of on the this coke for tor each tOIl ton of pig bringing the Ihl thi coSt com co l of or production down downto to a ton tOil I Figuring the tIle cost of pig Illg at nt G 6 however there Is la nn ama enormous I profit In selling stilling It direct or 01 manufactured 1 tuned Into utile mils ns cia follows I Cost COlt of oC rails rail based on pig Iron at fG 6 and 7 1 for conversion Into rails 13 ent selling fico nt Ut works 33 IS Profit per ton 15 5 Six hundred thousand tons of ot rails at 15 16 per ton Ion profit OFFICIAL REPORTS ON mONo IRON IRONA A recent report on the tho Iron moines mine anal the time condition relative to 10 prospective In iii Utah Is an oc follows The lion lieu In Iron county Utah Ulah are situated In Iron Mountain and amid all Iron Springs districts which aro about twenty two southeast of oC the tho Oregon Short ShOTt Line railroad The Time deposits del cover an area arta fifteen IWeen miles s long lone Ion hr by h about three nilka wide the ore showing on the surface nt at three different points The ore arc U is principally d It soft an 11 ted led 11 brown hematite which can ClIn be lie easily by II steam shovel shoel except where blowouts occur which are arc hard hanl anal magnetic Hundreds of ot acres aeres will require only anI one line to three feet of at stripping R n II Jl Dear of oC the time of 01 Winston Bros flroa ft t Dear Duluth sill esti estimates 11 mates that list ore eon cnn be stripped mined and put on cars ears for or IS 15 cents ir ier short ton There re tre apparently three separate veins elna the being SW fret feet be lit between tWeen walls second about MO 00 feet cot and aM the third about MO t feet The Tho Inmost vein has bins hUl been ben developed along olon th time strike for about 1 feet the time vein eln for about 10 feet tt and nd the vein rein eln for Cor about 0 feet Ceel Time The development work worl has bg his Men been gene by hy pile shafts shafto hero thiro being InS about 1600 15 of or them There are Gre also 11 numerous trenches and tunnels The Flu hl deepest 11 rest shaft IH is 1 11 feet flet About has hns been len expended In thuc work The ore or occurs occur between lime and gran granIte granIte Ite it iron Irn experts eXl who have hae lao made examination of the these e H state that It I Is Ii 1 the th largest v showing of ot Iron ore ort In the time world The ionna 5 In tight sight Is HO so great prat that It I II very ory Of dif difficult ll to state silte what It I Is Ie but hut the Ihl arl ari al owl OUR experts have made estimates snag rang Ing Ing Ilg from to short tons tanH They The usa also all stated that the P oa 0 of ot the tIme deM deposit lt were vere from SOO SO to short lort tons lOls About 05 65 per er cent of this ore orE Is bal hal balance once ance nHe being basic bo lo Hy fly ly the two ores ons the percentage of ot Bessemer would be b much Increased The rhe ore orl runs run an average of ot about CO GO per ler r cent cont metallic Iron Irn The he average In Ii silica I Is about 7 j per lr ent The fhe limo lime limestone stone slone adjacent to 10 the time Iron ha has hf alt all al proper fluxing nace work necessary III In fur tur furnace COAL MEASURES The Time coal measures In Carbon coon conn cOln ty t produce a n coke which Is equal Iqual to the article artcle both a al as regards analysts analysis and strength necessary to cur car curry carry r rr ry r furnace burden bunIon This coal oal Is about aboul 1 miles from tram the time Iron on tho tue Rio 1110 Io Granule Grande Western railroad The Time Iron 1101 fields are lre mils II A from Salt Lake City CI and m by h Clark lark survoy from Crol San Pedro harbor which la is I the time Pacific coast terminus of oC tho the Clark road roal Experts figure fure that thai pig Iron can cnn be manufactured In Utah Ulah for JC SG 6 a n ton Ion and ant that steel rails ris can be he mode made mlle for or 13 n a aion ton ion The Colorado Fuel Iron 11 com II nt at Pueblo Cole Colo Is IA the only emily olly pig lg Iron and emial steel manufacturer west of or tho time Mississippi 1 river and Its II cost COlt per pcr ton tonU tonis U is 1 hi ax as nil all ni the raw Il material ate ame Re hauled I from considerable Arizona New Wyoming etc ete to point 1 of manufacture which Is IR M 10 1400 K mile ma trout from the Pacific coast caRt and anal malice mile farther from the time coast conat than tho time Utah Plait Iron Ir n Thin company om QI rould not compete with an Iron and a 11 steel It 1 plant In for the Pacific coast coant and ant Ori Orl Oriental Iron and nod steel 1111 business Pig Ilg Ill iron sells In II Suit Salt Lake City at atiS atUS US iS to 43 12 2 a II ton and In Semi San P Fm at lit lit Ut to 38 Steel rails mils In Halt talt Lake are lre 16 6 and In San Sn Francisco 15 8 Tho Time annual consumption of rails rais on the Pacific rOast const COlt Is II about 30 tons and amid of pig Ill Iron tons The Time consumption tion would be much Increased ll If Iron 1101 products could he be obtained from Crom Utah cheaper ce r This Thin hll Iron hell field developed will wi eventually control the Pacific coast lut and Oriental Iron Iroll f If it I properly pro rl mA mn The Orient Is I the time future glent for many of or our factored which h hIrn Iron Irn and steel steal AI I are nr the Ihl principal There TheN are no other known Iron Irn In the time west that are at of extent to o be he considered aa as time the basis hul for developing nn film Iron and steel atel enterprise wet wa ROOM DOOM noo 1 FOR FOi MINING INDUSTRY CapitalIsts Capitalist have long lala hud haul their ee eye on 01 southern Utah aa as 8 a profitable field flold feld for Cor Investment Now ow that the railroad h is misused thin thimi lone long section of or orthe the lime state oUte tte will wi KO If 0 forward by leapi lespa I pi and bounds hound Not only oDI as a n coal toa Iron Irn and agricultural pursuit will wi this thin hold goo but bUI time the tb mining will 1 re reo Jo rolv in n Impetus In lul that will 1 bring brn wealth Into 1110 the tim th state tnt The Tue branch to Deep Dp Creek ns as ni out outlined lined 1 In i the Ne News I recently 1 K I t suit BUlt While and amul the hundred of mining prospects In sou south th thorn luth orn Nevada evida will wi nil all ni become big bie producers ers era that will IU 1 give II employment to an army of miners mIner smelter handl hands and men KAHLY lUY CONTRACTS O I It jt Is 18 promised fi that contracts on eon Con on will I be he b let at an aim II early date data da tl within M days l Mc Me McCartney Cartney and col eo 01 lift left on Thurs Thursday Thul Thursday day Ilay for t Nevada where wh they th hue have gone to rush rUih the tho loathe to hl to the survey Irs aad aDd everything oe to 10 show how that dirt will 1 begin to fly lly fi 3 In the near ner future from both ends nd ml of oC time the line lino 1 no MILLIONS NOW NO READY Senator Sentor Thomas ittes ItA tel that IIa In dish U Ia now new IW available for forthe Or the work mind and tint that nearly half a I as much 1 I of ot Is t in to feeders be b spent p nt later lator lato bem b the construction F For ill all al of tt tb Utah Is I Indebted to W A Clark Clrk of Montana Monta and T TK TJ K J In whose hinds binds waa wu |