Show QUARTER QUARTE R OF 0 MILLION in L IN I 1 IF W TO nm I 1 0 I 1 BE B F ju 4 SPENT S 1 P sill NT a AT is 1 M EARLY FAR tu ll 11 DATE T A rel IN OPENING J UP NEW MINE 1 ogden jan 23 development within the near future of what Is declared ono one of the richest cb coil il properties in the state was assumed yesterday in the announcement by officers of the crystal coal company the com company paril owns acres of coal lands in carben county between castle gate and storrs bonds amounting to will be sold under arrangements that h hive ave been completed the phelps Con construe tion company of idaho has been awarded the contract for installing the first mining equipment this will include one and one half miles of tram line to connect with the utah railroad the business transaction respect ing the bond sale and awarding construction st contract were consummated in the of W H reeder in the eccles building monday night at a meeting with E L phelps president and general manager of the con st ruction company be bearinger his name with tho the stockholders of the coal company at the meeting mr phelps said he lie represented idaho capitalist residing to 10 invest in good coal properties in utah to the extent of ane amount it is said wih will insure tho the development of tha the mine on a arold oro id scale sc ilo tho the identity oftie i tho has not been made known tho the condrac con trae trac calls fir equipment that will m tat tulu z an average dally daily output af GOO tona tons and the mine wine will be accepted from the construe tion company as soon as that levein production is reached it is expected that the mire mizie will be in op aeration by september 1 of this year Ac according cordIna to attorney reeder the interests represented by mr phelps have contracted for tons dally daily of the initial output of the mine tho the owners of tho the coal properties have invested approximately 1 in the projects during tho the past five years and will hold a largo large block of 1 41 the stock after the property has beba developed the owners of acre tract say that the property embraced embr acea five veins one of which is 12 feet thick it is said also that the coal Is one of tho the best beat grades to be found in the under teat test it is de blared it has to b bs 0 of especial value for storage forme of police W I 1 norton of awis this city elty is president of the t company owning the coal properties tre te other officers and are charles gosling and joseph wil wili o i 4 liams of ogden vice presidents dents Q charlea charles M cr 11 aft I 1 of morgan secretary secra frank fingl ize ce of Co alvIll treasurer ben den critchlow and a nd D S erday of ogden george taggart anda george S reiner of morgan directors |