davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
Real Estate and Business Notes.

A. r. Derge listed yesterday 5x5, at
$500.
j. M. Kennedy. of Beck, Stephen & Ken
nedy, leaves for Butte tonight.
Beck, Stephan & Kennedy sold the Sill
yer Palace restaurant for $4,000.
Louis F. Kullak put in want at the ex-
change yesterday to loan SIS, COO for five
years at s per cent.
Beck, Stephan & Kennedy and E. d.
Carcrow & Co. sold nineteen lots in North
Boulevard addition, consideration, s5,700.
The Bank of Salt Lake will be in their
new quarters Monday, and Blazer, Hooker
& Co. will occupy the premises vacated by
them.
Fin Brooks and Frank Beatie win soon
open a first-class confectionery and ice
cream parlor, Immediately south of the
state bank.
"We are not working as many men as
we did, said Chas. G. Upham OF the Rapid
Transit. ''We first got out of ties, and then
out of rails 1t takes forever to get them
here
G. W. Englehardt, of ST. Louis, is in the
city and expects ere long to get up 'SalJ
Lake illustrator on an extensive scale.
He has now men at work at Denver and
Pueblo.
Members hereafter joining the real estate
exchange will be put through an initiation
of riding barebacked on a stuffed moose.
Mr.. j. A. Fritcshe is the first applicant to
do the honors.
Harvey Harley planlsed down big
round silver dollar to see the Wild West.
''There was neither horse. dog, COW, sheep
nor man to be seen when I went in,n said
Hardy. "After while they lariated sick
horse and the show was over"
Dieter, Johnson s. Co. report the sale of
tAirty six lots in block 80, plat c, to John
Van Pelt, Of Omaha for $500. These
lots are near Fifth North and the Rio
Grande Western, and the sale is said to be
a manufacturing enterprise
Blazer 81 Hooker will remove from over
Roberts g. Nelden's drug store to room
vacated by the Bank of Salt Lake No 3,
West Second South. Mr. A. H. Patterson
from Ford Collins, Colo, has been added
to the firm which Will be Blazer, Hooker
& 90
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
Trade in the East.

All the ordinary business indications liz
New York grow more favorable. While
speculation in some lines is active, possibly
nearing the point of danger, ii is undeni-
able that the volume of legitimate business
is, on the whole. greater than it Las been
at this season in any previous year. The
passage of the tariff bill by the House gives
increased hopes of higher prices and larger
trade in some branches, but does net yet
affect most markets at all, the action OF the
Senate being uncertain. Discussion on the
silver bill gives no clear indication yet OF
the probable outcome, but the general con-
fdence. that in some way great enlarge
ment of currency is coming continues IN
abated, and while some regard the ultimate
results with apprehension, there are few
who realize that the measure might take
such form as to disturb the finances speedily.
Even these rest in faith that the sense of
responsibility Will check unwise action.
Money IS comparatively easy, and CONNER
cial credits undisturbed.
The volume of business at New York has
been swelled by heavy speculation, and at
Boston sales of stock are three times those
Of last year. But bank clearings at Bos-
ton, Philadelphia and Chicago are % per
cent larger than year ago, while the ag-
gregate at all other points outside of New
York is % per cent. above last years. The
railroad earnings still tell the same story:
for May the partial reports show an in
crease of nearly Is per cent. in spite of
considerable cutting of rates. The foreign
trade shows less change, and-y is heavy;
exports from New York in May thus far
are Il per cent. larger than year ago, and
imports at the same place per cent. larger.
In all these comparisons it is to be remem-
bered that last years movement was about
the largest ever recorded.
The reports from other cities are more
encouraging than usual. AT Boston, very
fair business is reported, with money easy.
AT Philadelphia business is of fair volume
at low prices, and money is plenty and
cheap. AT Chicago the movement of grain
and meats exceed last years; the dry
goods trade is good, though not up to last
wears st. Louis reports favorably as to
nearly all lines of trade, with money in
Agood demand. At Milwaukee and St. Paul
trade is good. At Omaha and Kansas City
1t is up to the average, with some dulneSS
at Detroit because of cool weather. But
at these and all other reporting points this
week collections are fair, the money mar
kets are undisturbed, and there is apparent
much confidence in the immediate CONNER
cial future 1t may be noted that labor
strikes arc nowhere mentioned as causing
disturbance in trade.s
In the speculative markets there has
been much activity insstocks, with some re-
action followed by a stronger tone. sales
reaching 2,9O0, 900 shares. The sugar trust
was broken, but resisted on Thursday a
further attack so fierce that lis, 600 shares
were sold Wheat has been stronger, rising
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
0gden's Stock Yards.

The following article appeared in the
Omaha World Herald: 1.-The big stock
yards deal at Ogden, Utah, in which
Omaha and Sioux City parties were in
terested and in which they were to invest
about twenty million dollars, has fallen
through. The deal was well along but it
was greatly magnifed by Mr.. Mayne, and
his statements were made before the mat
ter was in condition to be made public. An
investigation into the matter by repre-
sentatives of the Sioux City parties inter
ested have developed the fact that Mr..
Mayne's representations were in large
measure such as could not be substan-
tiated. A. S. Garrettson said to-day that
the Sioux City and Omaha men who went
into the pool to buy some two thousand
and two hundred acres of land did not con-
clude their purchase, as the contracts and
property which Mayne had were not found
to be es represented, and Mr.. Wood, of
Omaha, who represented the syndicate,
advised his associates against accepting it.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
STRUCK OIL.
Professor White Announces Big Find in
North Salt Lake.

Professor White Announces Big Find in
North Salt Lake.
The predictions that vast quantities of
oil aud gas exist north of this city have
been verified by Professor White striking
good oil wei in North Salt Lake. The
daily output of this big strike has not been
learned; as the well has not yet been drilled
deep enoughin the sand, though the indi-
cations are promising for a big producer.
Some of the best wells in the oil country
do not show up until they are shott, and
when Professor White will treal his
discovery to 100 pounds of nitro glyce-
rine there is no telling what will
develop. The exact depth at which the
drill touched the grease was not learned,
though it is believed that it was at $50 feet
below the surface. There are several wild
caters ready to enter this field,
and prospecting for oil will soon
be as general as driving for
water. As soon as developments swar-
rant THE HERALD will open an oil and gas
column, furnishing all the data of the ex-
plorations going on in the territory
" Flowing wells u and ''big gassers /" are
now in order
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
In American Fork District.

The Treasure Consolidated Gold and
Silver Mining company are making prepar-
ations to put large force of men at work
on their property very soon. Mr.. James
Chapman, the president of the company,
states that the stock is being taken very
fast, and the 10000 shares, which they are
selling at nominal price for working cap
ital, will soon be gone. In conversation on
tue train few days ago with gentleman
from San Francisco, Mr.. Chapman Incl
IDENTIFY mentioned the company, when the
gentleman said ne would take from 1000 to
5000 shares. This shows in what light
capt. lists look upon Utah mining property.
The Treasure company owns four good
claims adjoining the famous Millar mine,
and have over $50 feet of work done on one
mine alone, with good ore in sight; but
they do not wish to work the ore in sight
at present, as they wish to push the main
tunnel in 300 feet further to tap the main
ore body, and for this purpose alone are
they selling the stock. These mines have
shipped ore every season, but this season
they will come into more prominence.-In
deoeudenf
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
FINANCE AND MINING
Lead Shows a Strong Upward
Tendency, but Silver Declines.
BIG STRIKES In UINTAH COUNTY
Marble Quarries at Leyan-Salt
Lakers in Idaho.

The week Just closed has been very
satisfactory to all concerned, and although
the holiday interrupted some lines of bust
ness, it had an enlivening effect upon
others. There are no complaints heard
from those in business; these come from
those who are anxious to get into business,
and find it utterly impossible to do so, be-
cause of the lack of stores, notwithstand-
ing the fact that the building boom is at its
height. The great trouble is that the
greater portion of tho stores are leased
before they are erected, and in some cases,
before even a pick has been stuck IN the
ground by way of excavation.
The realty market continues quiet, and
there IS no complaint on this score save by
the wildcat dealers and the man who
thought he would become rich out of a 2x2
rods on a bleak mountain sale.
Several new and important business en-
terprises have been started during the
week just closed. One of these is NAM
much to relieve the present pressure on
the brick market, and enable buildings now
under way and in contemplation to be
rushed to completion much more rapidly.
The mining stock market is quiet, and
of other stocks but little has been heard.
The lead and silver markets have stimu-
lated mining activity, and unless there is a
retrograde movement very soon. many a
mine that has been unheard of for years
will again pour it's treasures into this city.
From nearly all sections of Utah come
the reports that crop prospects were never
better, and the abundance of water this
year gives assurance that the sanguine ex-
pectations will be fulfilled
The wool clip is above the average, but
it is being held at such prices that manu-
facturers are holding off. ''Wool," said
one big dealer yesterday, sis higher here
than it is in the east, and under this condi-
ton of affairs, of course, we are disin-
clined to purchase
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
Salt Lakers in Idaho.

Amos Howe, Francis Armstrong, Isador
Morris and H. c. Harrison, who own an
eight-tenths interest in the Cana
No. 1 and Fraction mines, have
been in HALEY since Monday.
They visited their property Tuesday,
and have concluded to sink a shaft 500
feet in order to ascertain how much and
what kind of ore they have. If the show
ing is sufficient to justify it (and there is
little doubt to the contrary, they will erect
mill on Wood river at Haley to reduce
the ore.
These men are abundantly able to de-
velop this property as it should be and put
up the necessary machinery. They evince
a disposition to work the mine for all there
is in it.
Other parties have been examining other
properties on the gold belt with view of
purchasing, and it is confidently expected
that several sales will be made in the near
future. 1t is among the probabilities that
railroad will some time be built from
Haley to the gold belt, and mills erected
on the river for the reduction of the gold
belt ore. -Ne,rs- Miner.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
witciler Jones and His Millions.

j. Witcher Jones, the Californian mil
lionaire, arrived in the city yesterday and
brought his family and his millions with
him. He proposes to make this city his
future home. As Mr.. Jones is on the ground
floor with a waterworks proposition it is not
at all likely that he is going to allow the
McCornick-Dool faction to run away with
the soft snap just because they happen to
reside here. Now that Mr. Jones is citi-
zen his money will probably be just as good
and count for as much, though the extent
of his ''pull'' on the city council may fall
short of the powerful syndicate that has
been organized on the iniuent ial plan. The
waterworks war is fairly inaugurated
and the fur will begin to fly. City council
men will be IN great demand and ''boodle"
charges will soon be in order.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
The Marble Hines of Leyan.

Mr.. Jennings, of Levan, called at this
Office with some lovely specimens of marble
from the marble mines at Pigeon Creek
canon, about mile ard a half from Leyan
We have noticed these mines before, and
the samples of marble shown US confirm
all we have before stated. This natural
branch railway line being run to them
They are now four miles from the main line
of the Union Pacific.
Should this road be built, the necessary
machinery will be erected In the cafon for
the working of the mines. There is water
and enough room for me establishment of
some fine marble works. A party of gen
tlemen from San Francisco have come out
to see the mines, sample of the marble
having previously been sent them.-En-
07LiTgr.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
RAPID TRANSIT BETWEEN SALT LAKE
CITY AND BRIGHTON.

Our street car line is now being built,
and is to be finished in 80 days, we there
fore, offer to the public lots in this growing
suburb, Brighton, for a limited time only,
in installments OF 81 per week or S. per
month without interest We will give
to every buyer Of lots in Brigton written
guarantee that this car line shall be in full
operation on or before the first day of De-
cember or to refund all money paid us with
interest. Our main Offices are located at
Brighton, where you will find courteous
clerks to show you all over the grounds
The train leaves the Utah g. Nevada rail-
way every day at 1 O'clock p. N. for Brigh-
ton, returning to Salt Lake city at
O'Clock. Fare for che round trip Is cents.
Branch Office at A and As Culmer block,
where full particulars can be had on ap-
plication. EDWIN w. SENIOR,
Manager.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
NEWS FROM THE MINES.

At the office of Mr.. Hanauer, the week
was reported as a very good one.
The Improvement in the Park city roads
have increased the output from that famous
camp.
Tintic is heading the list as big ore pro-
Queer, and her shipments are daily in
creasing.
Bingham was heard from, as usual; the
Cottonwoods are very quiet; and Stockton
is hardly up to what one might reasonably
expect, under existing circumstances.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
FOR OUR TAXPAYERS
An Inkling as to What the
Total Assessment Will Be.
MIR. FOX GIVES SOME FIGURES.
The Rate at Which Main Street and Other
Business Property Has Been
Assessed.

What will be the assessed valuation of the
PROPERTY of Salt Lake city this year.
This is question that great many peo-
pie are asking Just now, and HERALD re-
porter yesterday endeavored to obtain an
answer to it. He did not succeed alto
gether, but he did manage to obtain some
interesting facts.
COUNTY ASSESSOR FOX
was first called upon, and when asked if'he
had completed his assessInent, he replied:
81 am not quite through, but l shall be by
O'Clock Monday afternoon, and if 1 am
allowed till then shall turn in my rolls to
the county court"
''What will the total be-" inquired the
reporter. ~
II am not prepared; to answer that Just
now replied MIR. Fox. "Last year it was
| twenty one millions"
r"This year viii show quite an increase
over last suggested the reporter.
Eyes; have just totaled the bank as
sessments aud they foot up over two and
a half millions. last year they footed up
only one Million
GLOW is business property assessed as
compared with last yaar!'
| ut is just about doubled on Main
street From the Deseret bank corner
to the Wasatch corner, the property
is assessor at s., 300 per front foot, 165 feet
| deep. The Deseret bank corner, Cunning
toms, the Emporium, the Godbe corner,
| Walker Brothers, Smiths drug store cor
ner, the Wasatch and White house corners
are ali assessed on that basis, with an add
ton Of 25 per cent. for being corner prop
erty. North of the Deseret bank to South
| Temple street the assessment is about $500
per front footn
| How have you assessed property on
First and Second South from First East to
West Temple?n
From 5000 to $500 per front footn
GLOW is it on First East and West Tenn
plea"
''F'rom $500 to S400 foot"
''Now, can't you give an idea ofsthe total
assessment!
| II could, but wouldn't like tor
"What policy have you pursued with
reference to assessing improvements
| ''1 have assessed them at the lowest pos
sible rates, because | don't think people
who want to improve ought to be dis
couraged by q heavy assessment"
| The reporter next called upon
CITY ASSESSOR cLUTE,
who stated that his assessment on business
property was just the same as that of Mr.
Fox. Mr.. Clute is well along with his
work, but be has until July to complete it.
A large tract of land half mile south of
city limits, at 81 $50 per acre.
| DE WITT B. Lowe s. Co.,
&c w. Second South.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
THE RAPID TRANSIT

Buy Lot and VIII Erect New Electrie
Power Plant.
The Rapid Transit Electric Street Rail-
way company for some time has been look
ing up an available site for their electric
power plant, and yesterday secured Sx1O
rods from w. H. Cotton on the corner Of
Seventh South and the Union Pacific right
of way. Upon this lot they will erect
building suitable for storing and operating
electric dynamos and the other machinery
necessary for propelling the cars over the
system Of street railways which they are
now constructing.
Charles E Upman, the superintendent
of the company, leaves for the west in
few days to purchase the necessary equip
ment for the electric power plant and If
teen new motor cars.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
The Tintic District.

The Tintic district, in which are situated
the great Bullion-Becls, Eureka Hill, Nam
moth, and other famous properties, is ex-
citing considerable interest here. Quite a
number of Salt Lake mining men have
lately visited the various camps, and all
have returned more than delighted with
the present status and future outlook of
the camp. There is every reason to believe
that several large deals are on the tapis ;
that considerable Salt Lake money will
soon be invested in Eureka. There is no
more promising camp in the west to-day.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
AnCTIGN. Auction.

On Tuesday, June Bird, at II a. m, No.
232 South Eighth East ST., marble top bed
room sets, springs and bedding, easy chairs,
exuention tables. center tables, dining
chairs, carpets, cook and heating stoves,
hanging lamps, silverWare and crockery,
kitchen utensils, paintings, tools, ETC., etc.
ANDREWS & REINsEEIER,
Auctionaers.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
ROCK QUARRY TO LEASE.

We have a frst-class rock quarry to
lease, from which shipments are now being
made. Lease will include derricks and all
necessary macl inery. Ouarryin excellent
condition and the market for rock first
class For full particulars apply to j. Boil
ton & Co., room D aft building.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
THE WEEKS SALES.
They Reach Nearly Half a
Million Dollars.
BIG TRANSACTIONS YESTERDAY.
Some Very Important Transfers Made by
Heavy Dealers-General Re-
atty Notes.
BIG TRANSACTIONS YESTERDAY
The real estate sales of the week, by
Total

There is no accounting for the immense
sales of yesterday unless 1t be attributed
to the article in yesterdays HERALD pre-
dieting that the bottom had been reached
and that the men who had been holding off
for lower market had concluded that no
such decline was to take place.
1t has been several weeks since the sales
exceeded the two hundred thousand dollar
limit, and yesterdays record is in line with
the temper of the market which is daily
growing better.
Yesterdays transfers are worth study
ing, as they contain several big sales; the
highest, $4,000, as the consideration for
Central Park. The large sale of Chelsey
and Fifth West, is also good one, while
Mcintyre to Mcintosh is worthy of in
Snectinn n. -
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01

Some nice-looking quartz from the bot
tom of the Solid Muldoon shaft was
hoisted Tuesday. 1t will probably assay
high.
Colonel T. P. Murray, of the Murray
Hill Mining company, which has bond on
this and other claims. the property of Cap
tain H. Deprezin, came down Monday, and
is jubilant over the appearance of the pros
city for assay.
The shaft is being sunk rapidly, and the
operators feel confident that they are very
close to large body of ore.
We expect great things Of the Solid
Muldoon.-Chief.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
Lead and Silver.

Lead has been quite active in the Salt
Lake market, and prices have had an up
ward tendency. Opening at 1920 on Mon
day, on Wednesday it reached $3.50, but
fell back to S4.25, at which figure it closed
last evening.
Silver's tendency has been downward.
Yesterdays quotation, S1.O1I.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
SALT LAKERS RETURN.
j. W. Neff ana W. j. Harvey yeryWell Salts
fed

w. j. Harvey, general manager, and j.
w. Neff, assistant manager and treasurer
of the Salt Lake Abstract, Guarantee and
Loan company. formerly Harvey, Neff &
Co, returned from Denver Yesterday
after spending week at the Colorado me-
tropolis. To THE HERALD reporter they
expressed themselves as very well salts
fed with Salt Lake. During their alb
selce they had every opportunity of ascer-
tanning the condition of business and after
comparison of the prospects of both cities
they are more enthusiastic than ever over
the business outlook at this city. At Den
Yer they met a great many people and the
topic of conversation always turned to the
chances for investment in Salt Lake realty.
Salt Lake and Salt Lake investments"
said Mr.. Neff, continue to be in every
ones mouth, and we could have passed all
our time answering inquiries as to the
chances. = We told all our honest opinion
that Salt Lake was the place of places for
investors in almost every field, and to our
friends we said come on, and get in before
the next spurt-which must come DIS sure
rs the sun rises. We feel no nervousness
about Salt Lake and her future Our
money is here, and where our treasure is,
our fifth Is, y0p may rely upon itn
As hott Ntessrs. Harvey and Neff were
among tbe-first to open an abstract Office
in this city they are Thoroughly corversant
with the advance ia values and Of the for
tunes being made ont of its real estate,
that their opinionis one OF interest. They
have gained an enviable reputation for the
character of the business they transact aud
the correctness Of the titles they,pass upon
and their hold on a lion s share of the bust
ness OF the city promises to continue, as
as they are now, recognized as one of the
sond institutions of tho town.
We have the finest residence property on
East Rench fnl, e..in
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-01
We have the finest residence property on
East Bench for sale.
De WITT B. LOWE & Co.
FOR SALE.

By the Midland Investment Company. III
Main Street.
5 lots in Inglewood, 165x16O feet, half
cash; s., 500.
Corner 9th E. and I'd S., 1O11lx115I feet,
b use; $4,000.
Corner 4th E. and I'd S., 511Sx711S rods, fine
house: SOS, 600.
Corner 4th w. and I'd S., 165x99 feet, 1925
per foot.
20 acres in blocks and Z, five-acre plat
G; $4,000.
24O acres within the city limits. See this.
Nothing like it on the market.