The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1894-06-24
It Means a Great Deal for the
South.
ROAD TO FERGUSON.
THAT DISTRICT AND BULLIoNyILLE
TO BE CONSOLIDATED.
Sam Godbe in Town, Presu mabIy on
Business Connected with the
Deals. Which. Are Practically
CIosed-Mercur Directors Await
ing a Report-Ore and Bullion Re-
ceipts-sIining Review.

From the south comes news OF great
Importance to the entire territory. 1t
is a combination of railroad and min
ing intelligence, which but verifies the
recent reports given to the readers of
The Herald and obtained from w S.
Godbe upon his return from the coast.
The new reports are to the effect that
the recent developments in the Fergus
on district have resulted so satisfac-
torily that the forty miles of railroad
connecting Bullionville with the new
gold district, are to be built at once,
although the little system will form
but one branch of a network of lines
to be built in the near future and be
known as the Utah & Northern system.
1t will be remembered that some time
ago President Blake, of the Nevada
Southern, the road which is building
towards Utah from the station of
Blake on the Atlantic & Pacific, spent
several weeks in the country which the
road is to tap, in an endeaVor to deter
mine upon the most practicable route
to the coal fields OF Iron county. There
were two routes open for acceptance,
one I'D the Rio Virgin and the other
across country direct to Cedar, with
branches to Phoebe and into the agri-
cultural districts of southern Utah.
The determination Of the gentleman
was not made public, but, judging from
the reports received yesterday, it must
have been of such a nature that the
directors of the company decided to
push right ahead with the work of
construction and by cooperating with
other companies which have been OPP
Grating in the southern part of the ter
ritory and southeastern Nevada, build
up a great system of railways and min
ing and milling industries. 1t is under
stood the abandoned roadbed of the
Union Pacific from Milford to the Fer
guson district has been secured and
upon it the new road is to be con-
structed.
The last issue of the Phoebe Record
which reached this city last night,
gives the following account of the nego-
tiations which have been on for several
months and of which Mr. Godbe spoke
in his interview:
The operations at Ferguson district,
recently inaugurated have already led
to material changes which promise soon
to result in an improved business condi-
ton for Phoebe, and for the whole sec
ton hereabouts for that matter. 1t is
authenticity reported that a majority
of the stock of the Phoebe Consolidated
Mining & Reduction company has been
secured by the Utah & Northern COM
pany, a new organization which owns
the Nevada Southern railway, operat-
ing from Blake to the keystone mine,
and also a number of valuable mining
properties
That the Phoebe Consolidated COM
pany will be merged into the new COM
pany which will add to its property
and make it productive by building
into this vicinity on the Union Pacific
grade from Milford, and ultimately ex-
tend it's line through to connect with
stated that the road from Milford will
be built in here. before snow flies again.
The grade requires finishing in a COM
paratively few places only. This will
mean new and continued life for this
section and will undoubtedly be the
means of making numerous other rich
and valuable gold discoveries by
moderating the cost of prospecting and
rendering it feasible 10 thoroughly test
sections which heretofore have only
been skinned over Fuller particulars
Of the transfer and amalgamation and
Of the immediate plans of the company
are looked for with great interest
Matters of such magnitude move slow
ly, however and it may be sixty or
ninety days yet before anything further
is known
Samuel T. Godbe, who was so sue
cessful in his negotiations for the sale
Of the Monitor and Jim Grow gold
mines in the Ferguson district, came
up from the south yesterday. Pre-
sun1ably on business connected with
the great deals which are just being
closed. AS usual he is not outspoken
regarding business negotiations.