The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-08-27

agricultural country as well as permit
the development of the coal and iron
deposits of that region.
Conditions Are Ideal
Conditions in the Utah coal fields are
said to be ideal. Because Of u careful
and efficient system of inspection there
has been small number Of accidents,
and only fifteen deaths from accidental
injuries were sustained III 1910 Only
one of these was from a premature
dents TO men employed was 4.3S For
the last five years there have been
practically no labor difficulties, no
lockouts, and these does not appear to
be any unpleasant feeling existing be-
tween the operators and their en-
ployees,
comparison of copper and oil fig.
ures, and their production In the
United States for the past ten years;
shows great similarity in the two in
dustries They stand on parity as
try as whole, Copper has done much
for Utah in the past quarter Of a cen
tury, and we predict that oil will per
form its full share of duty in the future
development of the state. Engineers
and prospectors are Of the opinion that
the oil fields of Utah extend from
Uintah county on the northeast, south
ward through Grand county into San
Juan county, and in belt extending
through Emery. Wayne. Garfield, Kane
and Washington counties, with deposits
also in Juab, Carbon and Sanpete
counties. Development work was car.
ried on to some extent in 1900 and
1901, and then little was accomplished
until 1907, when rather extensive eXs
ploitations were attempted in Wash.
ington county. Work has progressed
throughout the known oil area since
that time, and 1T is well established
that there is an abundance of oil, but,
with the exception of those IN Grand,
Uintah and San Juan counties, the
strata of oil-bearing sands lie so far
beneath the surface that many pro
moters have become discouraged. II
will require largo capital to develop
these fields. Before September 10
eight new outfits are expected to be at
work in San Juan county.
Oil Fields Look Good
Reports are encouraging with refer
ence to the development of the oil fields
near Spring valley, Uintah county,
Wyoming, which will find an outlet for
their products in Salt Lake. These
fields were discovered eight years ago
nv Union Pacific operatives. They were
allowed to lie inactive until last Octo-
her. when several wells were brought
in and good flows obtained. Ihere are
now twenty-three producing wells IN
the district. Leases have been mace
and contracts let for the drllllng Oh at
least thirty-fve moro wells before the
end of the present season. The oil pro-
duced ND to date in the Spring valley
region is Of high grade. 1t will hnd a
ready market. A pipeline IS pelng
nroiected from these folds to Salt Lake,
n drop in altitude of 1000 feet and
distance of l30 miles. AZ.
While we are thus basking in the
sunlight of a future prosperity and
Growth for our own commonwealth and
fine intermountain region, we giadly
note the improved tone OF business
throughout the country. with tTane
balanceD in our favor Of hair oliilou
dollars for the fiscal year just ended, az
excess of 1912, 100000 over iast year,
cron situation which cannot De con
str,ed otherwise than as favorable; IN
oreasod earnings and activity IN steer
md continued rise in the volume OF
bnnk deposits, we are justified IN the
statement that the business conditions
NJ the country are on fundamentail
sound basis. The best Judgment or mer
wbo are familiar with basic pr!nclple:
10 that far safer state or aHalrs nov
nrexails ~ Val" than for several years past, a:
~ is practically void of both specui;a
L. !: and initiation. This will surely
1--we L,Gm results far more lasting and more
benr6cial than the unnatural and arts
fetal boom conditions which we SO o.
ten unwisely desire. Inc Mme5'jn' .ing IN,
nusinra CUISINES tronble in advance, has beer
penu,gS pnSrom@S the throes of an extended h9ni
tnIG"s" aat;op II is our honest Judgment tia
cao;fa can;tai may now find safe and profit
oI,Ie Investment in any legitimate enter
prise.