The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-11-18
TO DEVELOP UTAH
STEEL RESOURCES
$4,000 900 CONCERN PLANS TO
BUILD MODERN PLANTS AND TO
OPEN STATES IRON DEPOSITS
Salt Lake Man Concludes Negot atoms
In which Substantial Industrial
Organizations Unite in
Huge Project


San Francisco. Cal.-Utah, the Pitts.
burg OF the west.
The gateway OF the west opened to
a new cru of development and indus.
trail activity.
All this, and more looms today as
reality through the announcement
in San Francisco of the con-
Summation of plans for $25,O00,OO0
merger TO develop the rich iron de.
posits of Utah and launch a gigantic
program of iron and steel production
In Utah, California and Oregon.
Into this mammoth financial and
business amalgamation have been
drawn the Utah Coal X Coke company
of Sunnyside, Utah the Columbia Iron
Steel company, with plants at Pitts
burg, Cal, and Portland, Ore. the
Southern California Steel company of
Los Angles and several rich iron prop
critics in the Iron Springs mining dis
triet in Iron county, Utah.
Included in the plans formulated by
those affecting the merger are these
enormous projects:
Construction of 5C0-ton blast furn-
ace.
Construction of a large by-products
coke plant.
Development of the Utah Coke &
Coal companys properties.
Building of railroad from the Den
yer & Rio Grande Western Sunnyside
branch to the properties, distance of
four and six-tenths miles.
Development Of the rich iron de-
posits In Iron county, Utah.
Construction of twenty-five miles of
railroad from the station of Lund on
the Los Angeles and Salt Lake route
to connect the iron deposits with the
main line of the railroad.
Taking over Of several large lime
stone deposits near Salt Lake
Further development of the three
plants of the Columbia Steel company
md the Southern California Steel COM
pany.
development Of large steel plant
ut or near Salt Lake.
| The blast furnace and steel plant
! will be located probably on Utah lake
Behind this announced program Of
construction and development lies
plan calculated to open the west, from
SIS Lake to the Pacfc, to an era of
unprecedented business ard industrial
prosperity.
In word, in the rich and undeveI-
)ped iron deposits Of Utah there are
calculated TO be 300.000,000 tons of iron
IRE in the Iron Springs district alone
which are to be transformed into iron
md steel and manufactured into pro-
lucts Of every description for sale and
use on the Pacific slope and adjacent
states of the west.
And from this will follow, in the
opinion of those behind the gigantic
project, and era of new industries in
The west; new manufactures using the
ron and steel produce manufactured
! for the first time from pig iron produc-
ed in the west.
How great will be the resultant COM
nercial development, growth of trade,
expansion Of industries, employment
IF skilled labor and increased popua-
/ lion is more than the men of big bus.-
ness behind this latest project can
| presage.
The father of the project is Salt
Lake man, L. f. Rains, president of
the Carbon Fuel company and other
corporations of Salt Lake.
Several years ago Mr.. Rains con
ceived the idea of merger that would
make possible laying open the rich
iron deposits of Utah and the develop.
mont of iron and steel product manu-
featuring In the west He set to work,
alone first Two years ago his work
became intensive. He consulted others
and laid out his plans. Little by little
he saw the idea grow and develop.
A week or so ago he came to San
Francisco to conclude the deal with
his associates. There were confer
ences each day at which the myriad OF
details incident to the plan were con
sidercd and discussed by experts
Sunday all obstacles were swept aside
and Mr.. Rains, his dream fulfilled, sal
modestly in the lobby of the Bellevue
hotel telling his friends what he was
going to do for Utah.
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