davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-29
TIE MONETARY SITUATION.

LIE OilCAIiCt'
The money market has fallen again into that
condition of desuetude which is particularly de-
tested by large lenders The movement of cur
r.ncv from the interior has continued on n larger
scale and, although the receipts OF the treasury
have exceeded its disbursements, the accumuia:
ton of funds here has compelled lowering 81
rates for both call and Dime loans. Inc supply
of money seeking employment for long time is
far in excess of the demand, and lenders are un-
able to obtain more than IL to per cent
FOR three to six months and IL per cent for nine
months Rates for call loans ut the Stock IN
change have not fallen proportlonatey, put money
has been plentiful at TO IL per cent, ana ii
ir.e part Of the business IN the last half OF the
week was ut the lower rate The condition OF the
associated banks HIS steadily improved, and the
percentage Of surplus reserve to deposits mas risen
10 2SO4 from 2j33 three weeks ago. There
seems to be little room for doubt that money
will be superintendent through the summer, ana
until the revival Of mercantile business incident
10 the fall trade there can hardly be anything
more serious than a brief furry in Stock Exchange
rates. =,
Il il were not for the danger that as money
becomes cheap here Europe Will draw on
our reserves. Exchange on London and Paris
closed strong and IN spite Of increased exports OF
both merchandise and securities, shipment oi
something over Il million dollars gold WAS made
Yesterday. This especially noticeable because
the demand for mercantile remittanccs was light
throughout the week. II may he assumed there
fore that il was the consequence OF payments
postponed when bank reserves were AT n low ebb
Under the circumstances the refusal of the Treas
ury TO raise the official prices for Government
bonds should be warmly approved, and IA fresh
accumulation in the National Golfers may be proved
Ly.and-by TO have sound and prudent policy.
RAILROAD EAI.NINGS.
The Tribune has reported gross earnings for the
third week in April OF thirty nine companies or
systems. OF this number twenty five companies
show an increase, compared with the same week
last year, OF 81 90, GJ3, or l.o25 per cent and
fourteen companies decrease of $9367G, or 9.35
per cent The whole number gives an aggregate
gain OF $l05977. which is 3 90 per cent.
The following table divides the aggregates and the
differences OF the companies showing gains and losses:
81 week In April. lSss 1889 Differences Per cent.
90 companies e19474l0 g. lat 0o8 Inc. tl99 063 10 25
IL oompanss. Sl.00l. 27t 007 .5g5 Dee. 03.G76 93S
80 companies s294s, osI SO 06i o5s Inc s1o5o77 303
THE WEEK IN WALL STREET
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-29
ACCEPTING CALL TO PHILADELPHIA

Auburn, N Y, April IS lspeciall.-At the close Of
the service at tho First Baptist Church In this city
this morning, the Rev. Joseph X. Dixon rendered his
resignation as pastor, having accepted call 10 the
First Baptist Church Of West Philadelphia. Mr.. Dixon
Is graduate Of tho Rochester theological Seminary.
nc became the pastor OF the First Baptist Church in
ns city Immediately after his graduation six years
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-29

The Brooklyn and Baltimore teams Will play at
Brooklyn today and the Jersey City and worcester
teams at Oakland Park. Jersey City
Thomas Burns of the Brooklyn Club, Is indignant al
the stories published all over the country that Unip
Ferguson fined him heavily at Philadelphia: Turns
saws Ferguson never fined him a cent In his ilIe
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-29
TRIBUNE LOCAL OBSERVATIONS.

In the diagram continuous line shows the barometer
fluctuations Yesterday observed the United States
Ssgna service station at this city The dashes Indicate
noted ut Perry's Pharmacy Sun Building
r,pryu OFFICE April 29.-l a. m.-Ths movement in
the yesterday was upward Cloudy weather with
sbower or two bring Of inca Of rain followed by
fair and clear weather temperature ranged $40
apd go The average (57aol being 7' lower the
corresponding day year aud ~ higher than
day.
this CITY and vicinity.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-29
OIL MARK ErS.

OIL crY April Educational Transit Certificates opsaed y
sa.: highest. SO lowest S4fs closed. s4A SaleA
eB7 600 cesrances 2236000 barrels eharterA
barrels shipments 7A2oA barrels. runa Saga barrelA
PfrrsBuRa April 27Petroeum duh and NstisnA
Transit Certificates opened IS closei ~ Sth hghss.
IS: lowest saa
BRApPoRD. Penn. April Educational Transit Certthcess
opened at "a closed AZ 81 highest 81 's bwes& es<
Clearznces S62 900 bbls.
TrUsvLLR Penn. April 27-Natona, Transit ceruaceso
opened 81 8kssi highest Soi lowest, S&b closed sac
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-29
three tire months sso95sss sso4,ase si.1osses

EUROPEAN FINANCIAL MARKETS.
roypox April o7-2 o. m.-Consols. 9Sb for money and
ss II-I6 for the account Atlantic and Great Western
gage Pacific I2 Ere Ss 5iS ds ssSS1a
Mexican Central first mortgage bonds 1871; Newfofk
Central. l09.; Reading. 22s; ST. Paul Common 800 s
10 Is 9ls4 per cent
Paris advices quote per rentes at &c francs 80 cen
times aud exchange on London az 10 francs
25 confines for checks.
Bar silver is quoted at AZ 3l6d per DUN @
Spanish 49, 76aa
npcs to-day 100000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-29
INDIANS AS POLITICAL KICKERs.

Fender Neb. April 2S.-I'he irst DemOcratIc con-
vention in this recently ganized county Of Thurston
held here to-day. Most 81 the residents are
Indians, and they were out in force and showed
themselves fully able to gruuble and Kick at
results as their white brothers
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-29

The bank exchanges the New-York Clearing House
and sold the NewYork Stock Exchange Tor
the week OF three years compare follows:
Ayril 80, ,s7. April %, iSs. April 81 So
Fxcbanc 5000 SsS 225 S037 Oo3, $50 $3.50 g31 1913
n 81 sharns Lid 12o 1GH 2.2ND,e2l 3I,532
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-29
HAVANA MARX ETA

HAVANA April 2.suEarrhs pretsnsoas O. nSG' 20
last parcels In hrs banda together with speculatos ~
nued interfering compelled minority Of buyers g nos
aioof Molasses sugar regular to good polerssgcl
3e7 gold per QuntA Spanish gold. ~ Se< oS1S'. -
change has upward tendency.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-29
STOCKS ARE LANGUID.
EFFECT OF THE CELEBRATION.
TIE, LIABILITY FOR THE REDEMPTION OF
SURRENDERED NATIONAL BANK
NOTES REDUCED

Sunday, April esp m.
The United States Treasurer last week received
from customs si,5Gs,52O and from internal rev.
orue 81 GGo %: total from both sources, S7.230-
ia AGAINST s6,6oG,206 In the preceding week.
The Trcasurer's cash in vaults Increased by
s7sl ia while the deposits in Natiopal banks
were reduced by s3j0.47j. making the net gam
i, cash sl3l.o3S The principal changes in the
Treasury vaults were made By a gain OF 81 S5.l GO
cold coin and bullion and n reduction OF s3Iho3O
IN outstanding certificates: the amount Of legal
tenders WAS reduced by SlOo.l43. certificates re-
manning unchanged, while the silver balance was
larger by $3.50 772, made up by gam OF sOo@'-
3O7 coin and bullion less an imitation oil s2e3'ooo
IN outstanding certificates The liability for the
rcdemption of surrendered National bank notes
,ras reduced by s663, pa, that the increase IN
the available surplus amounted TO sl.O95,22i.
subtnei are tho results OF yesterdays statement COM
na,cd with those Of the statement OF April 70
Aprl 90 1889. April ~ 1859. DIM Fences
Gold coin and bull.
less certificates
eos sso7oO go 500 Inc s5Ca9C
u c s note less e.1oo7s5 e4css SOP Dec. lo94s
KAT hsmk notes Y2OiOJ 3l43,025 Dec. Co,ll2
Silver dollars and
tIGeates 2o,sel, $50 a7,slo7o, Inc. sss.772
Cash In Treaty. sl44, 100 341 sl44s9l oo1 Inc s'oh'
pcR% snal uauSs 1902 os7 42742lo2 Dec. s5o47S
ro,, oOe COS sIs7 033e4o Inc. s4si US
Deduct for funds
held 70 redeem
Nat blk notes.
peF sen fund sc2clo7s so5o9oe Dec oOsoG
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-29
o companies. s294s 6sI 306i. o5s Inc. s105o77 3o3
THE WEEK IN WALL STREET.

Speculation in stocks IN the past week was
languid and uninterestng. The occurrence OF the
Centennial holidays, which will cover the first hall
Of the present week n sufficient causc OF the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-29

The following were Saturdays quotations for un-
listed securities:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-29

Net nNalaDle r.,u,
BY the operations of the New York Sub-Treasury
in the week ended last night, which included the
payment Of 1921 $40, the associated banks lost
S2090275. The statement for the week reports
a gain Of Sl,352, 900 cash, which indicates much
larger movement Of money to this centre than had
been anticipated. The statement for the previous
week was made on rising averages, however. and
probably the bulk Of the average gain resulted
from this cause. The contraction of loans was
about the amount of Government bonds sold to
the Treasury, while the increase i'll deposits was
considerably less than the other changes called for
The gain in the surplus reserve was 81, 100000,
and it is now SI3,426.950. against sl6,l1 6,525
a year ago, SIS 925 in the previous year. and
sl2,025.e5O in 1886.
The changes in the corresponding week last year
as follows: Loans decreased Sl4S,300 cash
Increased S2,l5l 900, deposits Sl.l23lc0. and
surplus reserve sl,S70225. In 1897 the changes
Loans decreased 81, C0,300, cash Increased
S60j, 300. deposits S504, 700, and surplus reserve
si79,125. The changes in the week in Ssf were:
Loans decreased s3,969.400. cash 81 1871 100. de-
posts 1871 800, and surplus reserve $l46,115.
The statement compares with those OF corresponding
dates OF 1884 and 1858 as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-29

April 20 "a. April 90 SO. April 1880
Ioans s343 s55 500 s388 623, 800 s4l5,9l4 200
Lce,l. tenders . os 125 500 80 337 100 80 e75 400
Ieposts ..... 3aj 6s4 900 37G04l, 800 440,0Sl 800
Circulation li,4oooOO i,ISi,3oO 9'l-o'VVV
The following shows the relation between tho total re-
serve and tho total deposits the respective dates:
Specie .... s5e 215 300 s7G $50. 900 ss6. 922 600
Legal tenders %, To- oOv oaooil oo oooio4oo
Total reserve $50 $40 800 s0 1876 900 s12S, 5S7 400
Reserve required
against deposits. 80 921 600 9'Oloo'o 1l0,lfo4oO
Surplus . s24l0 800 Sl0116 Go5 s13,42G $50
Per cent Of deposits 25.O1 1920 2S.0i
The following Is Saturdays statement IN detail:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-29


base fills tho lower part Of the picture The young
Duke has his place in the centre Of the crosstablo
but his guests, boon companions, friends, c0urtcrs
and parasites have all nsen from their seats and lift
ng high their glasses, toast bis health with admirable
unanimity. The ambercOlored wine-champagne In
those years had yet been taught to foanfls the
long, deiicately shaped Venetian glasses. The young
man. leaning back in his armchair, looks languid and
scarcely much moved by the surrounding enthusiasm
but the faces OF the courters show description
Of nsrest and the keenest desire to do justice to the
toast They not all OF them young men. and tho
picture Is FREQ FROM the vugarity Of carouse. The
table 10 covered with tho ornaments OF dcssert-tau
wfnetlasses Of Venetian make, fruit In compoeres,
roses, crimson and pink aud yellow, arranged In a
eeauunlly modelled gold standard bonbonnicres and
DIVA dishes. the delicate color Of pums and grapes
and peaches, all relieve the white of the abledrapcry,
ana MI out do not crowd, tho foreground of the
Picture Opposite tho Duke Is an ornament of singular
oesuty-a two.masted galley with sails set and rigging
snown AL Oh puro silver, and not ornamental merely
TOT mo ship Is on wheels. and by.and.by viii make
It's circuit Of tho table, each guest dronninr in his
contribution to the wants Of Mother Church Such
"ss mo custom In the days Of Louis Quinze The
walh Of tho banQuetng hall are hung with tapestrv
rich In the coors repeated from the dresses Of tbs
guests.
Mr.. Orchards0n has produced nothing finer in d.s,,
execution and color. Next TO this picture Soma oh
disposed TO think that Mr. Frank D,ckses,
Passing Of Arthur" will attract most attention
Mr. Dcksee has treated his theme according To Tennv
son rather than tho old chronclsrs. The level ,ska
10 seen In the moonlight and the dusky barge d.rk
from stem to stern fills the front OF the picture The
body OF the King stretched full length his amor
ilfAted I'D BY tho moonshine, is laid along the gun.
vale of the boat The face is pallid, almost like
arls the heavy lids dropped ever the closed eyes,
- hair has Lost It's color and It's Life. and the
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-12-25

been negotiating for it for some months
Work was at once commenced on the First
South street line, and the first electric car
was run out about the middle of August.
The line proved, at once, to be paying
investment; hundreds of people who had
previously never bought ticket became
the most enthusiastic patrons. The
Twenty first ward branch was next
equipped, and the same success followed.
At the present time, there are about
twenty miles of street car lines in Salt
Lake; of these, eleven are electric and
nine mule power. The prospects now are
that long before next Christmas appears.
the entire twenty miles will be supplied
with electricity as the motive power, while
several branch lines will be built on which
horse cars will be run until such time as it
is deemed advisable to equip them with
electricity. The power house of the cleo
trio street railway is one of best in the
United States. and now has capacity for
about fifty cars. Another engine similar
to the one now used has been ordered and
is on the way. With that in position,
there will be more than enough power to
keep one hundred cars in motion. Salt
Lakes electric line is conceded by all to be
the best in the United States. Everything
connected with it is of the latest improved
make. As may be supposed the introduce
ton of this method of rapid transit has had
tendency to advance the prices of realty
parallel with and contiguous to the street
car lines. Real estate within two miles of
the business center is now as valuable
for residence purposes as that within
one-half mile previously was. The
preparations now being made to extend the
electric service in other directions also
tends to advance the prices of realty sit
uated near where the lines will run. The
Introduction of the electric system has had
a greater effect to advance the prices of
realty than any other one cause. However,
as will have been seen from the improve
ments, it is but one of several which have
shown to the world that we have faith in
our city and in ourselves
THE NEW HOTEL
A mammoth undertaking, brought about
by the nerve and foresight of a syndicate
of Salt Lake merchants, has been another
big cause of recent stiffening in real
estate prices. Everything within radius
of half mile from the proposed location
has taken bound, and no one is more |
pleased than THE HERALD that the nerve |
of the Salt Lake syndicate extended to ty |
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-12-25

go to the s'demnition bow-wows'' becaus,
the party which has held it so wisely TO
forty years IS to be entrusted with its car
for another term. The Peoples party il
committed to progress-but it is not break
neck progress-and that, we submit, is the
sort of progress, which will best tend to tn,
steady growth of business and the main
tenance on firm basis of our real estate
interests.
But politics aside-and it is regrettable
that an article on real estate should be
forced to notice it-real estate is boom
ing first and foremost for the big potential
reason that the city has future, and that
that future is one whose history, when il
comes to be written, will threw into the
shade all the fairy tales of the growth OF
other western towns-that the pen of rail
road litterateur ever conceived Of
This feeling of
CONFIDENCE IN THE FUTURE.
regardless of what political party domi-
mates, is one of the prevailing characters
tics of the times among real estate men,
Hitherto there has been a feeling that the
real estate furries through which we have
passed were but temporary and while there
was considerable speculation in property,
there was general lookout ahead to ''get
from UNDER" when the drop came. Now,
few. if any, think of a drop. The increas-
ing population and the sounds of prepare
tion for building and improving now every
where heard, have given solidity and
permanency to the market, and as Mr.. Law
renee, president of the chamber of com
merce, puts it in another part
of this paper, ''prices are high, but they will
be higher" All the real estate offices, no
matter where they are located, wear the
most lively appearance, and from morning
till night dealers are kept busy attending
to the wants of sellers and buyers.
THE MOST RECENT INSTANCE
of what Salt Lake values are, is found in
the auction sales of city lands, conducted by
the city authorities from the 9th to the
14th of the present month. These lands lie
on the high benches above the city; al are
covered with sage brush. and must depend
On the solution of the water problem be-
fore they receive a water supply, and they
average distance of from half a mile to
three miles from the business centre Yet
these lots brought an average of 1898,
the buyers being eager to take all chan
ces for the sake of securing dwelling sites,
the eligibility of which-with the water
problem solved-is not equaled by any
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-12-25
REASONS THEREFOR.
An Increase of Over One Hun
bred Per Cent.
THE FUTURE OUTLOOK BRIGHT.

The following table shows the amount of
the real estate sales for the years indi-
Gated:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-12-25

licenses had been issued to real estate
dealers from the City hall, and that nearly
every firm is composed of two or three
members. The following list of sub divis-
ions and additions to Salt Lake city filed
with the county recorder and the city
surveyor up to December 10, is another as
tonishing evidence of the scope and extent
of our real estate dealings. The total is
seventy-two and lots in each have been
sold and are selling, not only at home but
throughout Colorado, Idaho, Wyoming,
Nebraska, and even in Chicago, Boston
and New York. There are hundreds of
small buyers who have invested in antici-
patton of the boom
ADDITIONS AND SUBDIVISIONS.
The following additions and subdivisions
are on file with the city surveyor and
county recorder up to the time this article
is written. Several, however, have since
been filed:
Amos Addition Northeast quarter, sec
ton 81
Home Subdivision-Block 80, plat C.
Archer & Kullak Subdivision-Block 40,
plat c.
Hunters Subaivision-Block 80, plat c.
City Park Subdivision-Blocks 20, 81, %
and 20, plat c.
Ehrich's Subdivision-Block4 4, plat B.
Cobbs Addition-Southeast corner of
section H.
Whalon Addition-Section II, township l
south, l west.
Folsom's Addition-SectioG 3.
Ehrich's Subdivision-Block3 80, plat F.
Lakeview nddition-Plats A and c..
Cummings Addition-South half of block
50, plat G.
Ontario Subdivision-Part of lots Z, S, 9,
II, 16, all lot 10, block "a, tive-acre plat A.
Gives Subdivision-Block 90, plat C.
Capitol Hill Addition-Section 80, l
north, l west.
Ehrich's Subdivision-Block4 70, plat B.
Scott's Subdivision-In Kinney & Gour-
lays addition.
T. w. jennings Addition-Secti 20,
north, west.
Geneva Addition-Block "a, five-acre
plat A
Panorama Subdivision-Blocks 1S5 and
1856, plat B.
New England Addition-G Glendale park
Coates & Corum's Subdivision-BlocksI
26 and 81, Plat G.
Ehrich's Subdivision-Block4 4, plat B.
Inglewood- half lots15 and IS, lots
4 and 10, block II, tive-acre plat A.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-12-25

Walkers Subdivisicn-Lot 4, and G.
plat A.
Woodmansee Subdivision-Block l, plat
B.
Grand View Subdivision-Blocks 139, ia
and ITO, plat B.
Glendale Addition-Lots 81, IS, 80. 40,
and fractions A, B, C of block 8, Glendale
Park addition.
Fox's Subdivsion-Lot 2, block %. FIVE
acre plat A
Ontario Subdivision-Block As, five-acre
plat A.
Brooklyn Subdivision-Block "a, five
acre plat A.
Coates.& Corum's South Gale-Five- acre
plat A, block "a.
Irving Park-Northwest quarter section
3, south, west.
Desky's Second Addition to Salt Lake
Lots II, ID, IA, Is and 16, block A, five-acre
plat A.
Fox's Subdivision-North half block rs
plat C.
Capitol Heights Southeast quarter sec
ton 30, north, east.
Taylor's Subdivision-West half block
II, plat C.
Popperton Place-The old Pepper tract
near Fort Douglas.
Garden City, plat A.
Lynch & Glasmann's subdivision.
Buena Vista addition.
City View subdivision
West Salt Lake.
Garden City addition, (plat o..
Town of Ell Dorado.
Blair & Curtis subdivision
Haynes addition, plat c.
Earl D. Gray's subdivision.
West Lake.
Cone & Roberts addition.
Harlem addition.
Ontario subdivision.
Park Place.
Linden Park.
North Boulevard.
Rice & Gelders first addition.
Fox's subdivision.
Jordan Green.
Chamberlain's Choice.
Glendale addition.
Park View.
North Inglewood.
Rural Subdivision.
South Bueaa Vista
West Temgle addition
Remington Park.
West Drive subdivision.
La Veta Place
Amended Plat of Lake View.
Mason and Hamlin pianos and organs at
D. O. Calder's
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-12-25

First class business corners 165 feet Deep 81 800
First class business, inside, 165 feet deep 1,4OO
Second class business, corners 165 feet
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-12-25

The December, 1889, total is, of course,
approximated, and is based upon the trans
fers for the first thirteen days of the
month, which were 455 in number and
reached total of $1,47S,654.6l. In other
words the real estate sales for 1889 exceed
those of 1883 by 81, 4S4, 079.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-12-25
location in the entire valley. The record
of the six days sales, ending Dec. II, is as
fO1Io1uc.
Total

The following schedule of business and
residence values will convey fair idea of
the status of prices in Salt Lake at the
present time; it is compiled by Messrs
Kelsey & Gillespie.
SCHEDULE OF PRICES ON BUSINESS AND
ACREAGE PROPERTY.