The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-04-19

and with the cheapening Of the prod
uct the demand win Increase. one
project already under way for the
making If pig iron and steel rails con-
templates the maintaining OF Pittsburg
prices in order TO stimulate the demand.
What Iron Works 1Iean.
The mining and manufacturing OF
iron on even a small scale means the
employment Of several hundred men.
The development of the Industry To
any extent would bring work for many
thousands. with thousands more TO ca
ter TO their wants. IL means the build
ing up within the confines of Utah q
city which viii grow steadily until it
reaches the size of Pueblo, with over
$4,000 population. or Pittshurg. with il
hundreds of thousands. And as pros
perity comes 90 the state Salt Lake
must grow with it and be greater in
proportion.
The mining Of the iron viii begin as
soon as a branch can be built from
near Lund, on what is now the main
line of the Salt Lake route. twenty
two miles over 10 the iron mines. Colo
mel $. b. Miner has a contract to sup
ply the American Smelling e. Refining
company with 400 tons daily for Aux.
He is already making preparations to
mn this contract from his properties
at Desert Mound. He is planning to
have the railroad tracks built right into
the side of the Hill in the heart of the
iron, the ore being blasted out and sent
down from above. thereby making the
mining unusually cheap. In addition
To this, the Colorado Fuel & Iron COM
pany has a force of men at work open
ing up some Of its properties so IL can
soon begin TO ship 1000 tons or more a
day to the Pueblo works. Other enter
prises- are under way TO increase the
output greatly, manufacturing 10 in
Utah, The town of Iron City has been
laid out near the mines.
a faint idea Of the future Of the iron
and steel industry in Utah may be
gained by comparing the cost of pro-
ductiOn OF Bessemer pig. which is the
basis Of all steel products. The follow
ing figures as TO its cost per ton were
prepared, after careful investigation,
by some Of the foremost experts in the
country;
Utah. creditug by-products .......... 2
United States Steel corporation ..... 20
Birmingham, Ala .-.---.-.- ---...}S TO 90
ShenanPO and MahOHing Valleys. II So
Can't Approach Utah Figures.
Where the steel trust does not haul
it's coal and iron ore i'm its own vessels,
the cost of production runs up TO $40 a
ton. The best il can do Is 52.4S a ton
over the cost to a Utah manufacturer.
while the latter could produce IL for g.
per cent less than any independent
Pennsylvania manufacturer. The fig
ures for Utah are based on a plant OF
200 tons daily capacity. the coal and
iron mines being owned by the manu-
Idcturer. Production on a smaller
scale would increase the cost. but ii
would De stlll less than the steel
trusts minimum. The reasons for the
low cost In Utah are the unusually
cheap mining and the proximity OF
cooking coal and all the materials for
auX
IL costs the steel trust so cents 20
$3.50 ton 10 mine it's ores. 10 is esti-
mated that the Utah ore may be mined
Tor 10 cents ton by the use Of steam
shOvels.
Not long ago a prominent iron ex-
pert prepared figures on the cost OF
erecting an immense iron and steel
plant .n southern Utah. and The profits
which might be expected therefrom He
estimated that an investment Of SIS
91t10J would yield profit OF not less
tnan 20 per cent annually. with a prob
able profit Of go per cent on steel rails
alone II tho demand should reach its
prospective proportions. The profit on
coal and coke was not considered.
A synopsis Of these figures is as fol-
lows
Cost Of Iron Plant.
40 Otto Hoffman, by-prOduct
r,e eote ovens az 5000 each......$ 2125.00O
ouI uu-tuu blast furnaces, Sl,-
r g33 90 each ....:................... 100000
Ran mIll. comprising Bessemer
works. blooming mill and rail
Imlll, capacity 1900 tons daily. 100000
Electric railroad for assembling