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Show Cheap Iron In This State Utah has the greatest known deposits of high grade iron ore in the world. The ore can be mined for 1; I cents a ton, while the United States Steel corporation pays not j less than 50 cents a ton. Coking coal and flux exist in abundance near the iron. The best exDerts in the United States estimate that, with rail- j road transportation, Bessemer . pi iron can be produced in j Utah for $4.72 to $6 a ton, according ac-cording to methods and quantity. The cost to the United States Steel corporation is $7.20 to $10 a ton and to other manufacturers it is more. Steel rails can be produced in Utah for $13 a ton. The present price in San Francisco' Fran-cisco' for Bessemer pig is $34 to $38 and for rails it is $48. The building of the Salt Lake route between Salt Lake and San Pedro harbor means that Utah iron and steel products can be laid down all along the Pacific coast at a price which will enabie the manufacturers to undersell ' all competitors there and in the The present annsal consumpt-: ion of' steel rails on the Pacific coast is 300,000 tons md cf pig , iron 480,000 tons. Even if .this should not-increase with the cheapening of the price, as it surely would, Utah manufacturers manufac-turers could supply this demand at 3 a ton for rails and Sib for pi- iron at the works and bring into the state from this source alone S17.040.000 a year, fsiaish- j in" profitable employment ior I many thousands of men. With the development of the west and , of the Orient this would increase. The cheao production of pig iron will result in the building up of plants for the manufacture of all kinds of iron and steal products, pro-ducts, the possibilities being limitless. Herald. |