The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-08-27
il DECISION
4 BIC BENEFIT
is the View Taken in
National Copper Bank
Letter.
SITUATION
slID TO BE SATISFACTORY
pten Also Is Called to the
hal and Oil Resources of
the State.

y National Copper oank' IN lts
4. financial letter, calls attention
4 immense benefits accruing to
!, tho result Of the recent re-
Il in freight rates occasioned by
lion of the interstate commerce
-;.siun. It points out that one of
,,,stest benefits to Utah comes
'..,on Of the reduction of the cost
<rginp in building material.
4 later also calls attention to the
srd oil resources of Utah which
NJ being developed, The enor-
amount of coal and oil in the
lie letter states. is an indica"
IA The great development work
4 soon to be done IN order to get
"a resources.
4 letter has an optimistic tone
Inference to the financial situa-
The country, it says, has been
In The throes of an extended
|stiOn, and capital may now find
a and profitable investment in
-jsritimatc enterprise. Excerpts
|the financial letter follow:
pyinc TO Utah of one and one-half
d dallars in the cost of bringing
-cditIes into the state. and an in
A in the business of our lobbers,
ksalers and manufacturers of five
ru dollars in twelve months, are
I've have right TO expect as 4
A Of the decision of the Interstate
-ffce commission, which reduces
|thsrges that railroads may make
arrying goods from Missouri points
|hsieru shipping centers.
n Lake, Ogden and Provo will now
Ne TO command the business of the
nous territory surrounding them.
4 win be warranted in sending their
ben into every corner of the inter
.iain region. No longer will the
1isy for the "back haul' from the
be coast rob them of the oppor'
b to compete on an equal basis
Fdistributors east. west and north.
X Of the greatest benefits from this
b of the commission will come to
! IN the line of building activity.
|ts! OF modern structures will be
billy reduced. while the furnish
\ Ind equipment for them will also
much less. We should not over
+ the further fact that. by the in
Ne commerce commission decision,
|hlsuadS must justify the higher
lbr the shorter haul The burden
|ipsf Of water competition ~ Is
y from the shoulders of the shipper
We consumer and placed upon the
Coal Industry Booming.
Ne Is small reason TO doubt that
MIN some day be widely known
coal industry, 1t is entirely
the truth to say that there is no
ped section Of the United States
Of producing all equal tonnage
B with Carbon and Emery coun-
There are coal deposits in ten
Pc In the state. The known work:
pea covers 1880 square miles of
1fy, and there are 1000 square
of coal area which cannot profit
oe worked by present methods,
sofkable area has been divided
snree regions, known as the Uintah.
ntheastern Utah and the Weber.
INST includes Carbon, Emery,
and Uintah counties; the sec
Beaver, Iron, Kane and Washing
',qnties, aud the third, Morgan and
als counties. A total of 11,439,~
'ons has already been taken from
districts, and safe estimate OF
mount remaining in the workable
Y Two hundred billion tons. The
output for 1910 was 2,526,o95
IONS, an increase of l46,064 tons
iSus, from thirty-two properties.
have produced during the first
months of this year 1887 ,4s2
re is annually imported into the
ABOUT 100000 tons of coal foi
Melal and railroad use Practi
'ue same amount is shipped out
Nate. and approximately 100000
ats annually manufactured into
Inc total production of coke IL
I'm fields from 1901 to January
amounts to 1,93S,09T tons
~ sS,36l .0l0, In 1909 the out
saened Isl .029 tons from 9o4
y the Sunnysidc and Castle Gate
eaIlding of the projected Eastern
;.i1 .diIlfoad into Emery county vii
My increase the production il
sRlon: Articles Of incorporation
S I'm filed, The plans have beer
~ the road a distance of sixty
s0Otlwest Of Wellington, follow
81 old "SalIna survey OF th'
u II will open up an immens'