The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-12-06
Lodges Greater Than GoldfieId.

That there are ore bins and lodges here
greater than Goldfield ever presented is
iterated and reiterated here day after day
by people who have gone through all the
ups and downs of that renowned camp.
That the real conditions arc being with
held from the public at large by certain
interests is a conclusion forced upon any
disinterested person with a knowledge of
what is here.
There is but one stock of this great dis
trict listed on any mining exchange in
America-that alone in Salt Lake City
With a half hundred other stocks traded
in daily, many of which have yielded mil
lions in dividends, what could reasona bly,
be expected as to the value making power,
in the one locality. of single non-divi-
dend paying stock from a comparatively
new camp. Those who know of these
things have made uncomplimentary refer
ence to Salt Lake mining men as a whole
When it was cited that Salt Lake City
was the greatest natural mining center
and that the real development on some of
the greatest mines in the world was done
by Salt Lake men, the argument stopped
What pity these big men can't look
across the state line into Nevada and add
more laurels and prizes to those already
won.
Hint to Salt Lake Merchants.
AS to Salt Lake merchants. you are a
little slow. You'll likely let this trade
seek sea level; that's it's natural course
to pull IL your way. A little instance hap
pening only yesterday viii serve as an H.
iustration- mine operator here wanted
ore cars and rails. Local merchants got
80 for the car and So cents for S-pound
rails. Not satisfied with these prices, the
operator wrote Salt Lake firm for quo
tations. The ore car f. o. b. Salt Lake
City was quoted at s32J 30 and steel "a cents
per pound Freight TO Lovelock, the near
est railroad station. was SLOT on the steel
rails and the cars less than s. each With
the charge for the wagon haul from Love
lock to this district the steel can be put
in here for less than cents and a saving
of probably 20 per cent on the same grade
of cars effected. But the trade goes where
1t has formed habit of going unless il
is pulled away or the advantages of other
markets are made known.
Chance for Men With Money.
Twenty years ago the man that pro-
posed to operate street cars In Salt Lake
City and Ogden by the water power then
going to waste in Ogden canyon was
and was Stunned by those who could have
helped themselves and him by listening
to his plan. He was living in advance OF
those whose business is only to figure in
terest as it falls due.
Today the same man suggests the So
curing OF rights of way and making of
surveys from both the Western Pacific
and the Southern Pacific main lines of
railways into the Seven Troughs district
An electric railway could be operated on
easy grades from both lines. An immense
water power. some sixty miles distant
can be developed for operating both lines
OF railway Additional power is needed
in half dozen fair-sized towns for light
ing and power purposes There will he
a hundred mines wanting light, power
to run their hoists, mills and interl,rban
car service between the different proner-
ties. The man that comes in here now
rer
contract within the next six n,onthS
enough power TO warrant commencing
work early in the spring
The cheapest coal here for making steam
power today is 80 per ton Water rates
and everything else on which railroad
rates and power for machinery has bear
ing are correspondingly high
What chance for men with nnoneyl