| Show um er u. MILliON HAlF FOR CEDAR PUT PLAN PL N SAYS WilSON Yesterday word ca came a that the General General Gen Oen- eral Steam Corporation owners owner of ex extensive extensive ex- ex Iron and coal cool properties In Iron and Washington counties hs hat been successful In raising one-half one million dollars to be used d in carrying out what is known as the company's Cedar dar Plan The report was confirmed confirmed con con- firmed by y a telephone conversation from Mr LeRoy A. A Wilson Vice dent and General manager of the company company com corra- pany to toT T R. R Collier local representative represent represent- The so called Cedar dar plan of the General Steam Corporation calls calls' for forthe forthe forthe the erection of ot power plants iron reducing re reducing reducing re- re works roller mills foundries and In and near Cedar City According to Mr Wilson work will commence within a few weeks on the first unit of this plan This will call for the co completion of a power plant in the local canyon having a capacity of more than Kilowatts and the erection of a IL reducing furnace for making sponge Iron with a capacity of tons per day In addition a will be built having ha a capacity capaci capaci- ty of 50 to tons of castings per day diY The General Genera Steam Corporation has patented highly efficient methods for reducing iron ore by the low temper- temper titre ture process It U La claimed by officials of the company that they can produce produce- finished steel t for r the price usually re received received received re- re for pig iron With an advantage advantage advantage tage in freight rates of from 9 to 18 per ton over Pittsburg and Eastern mills the company will wUl concentrate on Pacific Coast and Oriental markets for tor Its products It is estimated that several hundred men will be needed in the operation of the first units of ot this system |
