The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1891-03-20
MONEY IN PICKLES
The Salt Pickle Company Being
Organized,
FAVOR KEEPING MONEY HERE
Ten to Twelve Million Dollars Sent Out Of the
Territory Every Year for the Seduc-
tive Cucumber Etc.

The pickle committee appointed by the
chamber OF commerce submitted the fol-
lowing report:
LAS the committee appointed at your
meeting of March ~ to take steps for the
organization of the Salt Lake Pickle COM
pany, we have the honor to report as fol-
lows.
'That the citizens of Salt Lake city be
called upon to subscribe to the capital stock
OF the Salt Lake Pickle company, which
company is to be capitalized for $50, 900.
divided into 1000 shares of S25 each. The
first issue is to be $4,000 worth of stock
and no subscription is to be binding until
SIC, 900 has been subscribed. The subscrip-
tions to stock to be paid as follows: 10 per
cent. as soon as the company is organized;
10 per cent. June 1, 1891 and 10 per cent. the
first Of each month following, if called for
by the board of directors.
"We desire to impress upon the chamber
OF commerce and the citizens of Salt Lake
city, the absolute necessity OF establishing
lines Of manufacture in our midst, which
have shown themselves to be great sue
cesses in other cities and for which the
conditions are more favorable in Salt Lake
city than at other points where these sue
cesses have been attained. The profits in
this proposed Industry have, in all cities,
been shown to be much greater than the
earnings of capital in almost any other line.
Thoroughly posted persons assert that Salt
Lake city sends away $4,000 per annum
for these very goods, which could be put
up here and this money kept at home. 1t Is
time that the people of Salt Lake city open
their eyes to the fact that several million
OF dollars are sent out of Salt Lake city
and Utah territory every year, to purchase
such products and such manufactured goods
as could easily and proftably be produced
or manufactured in this city or territory.
II such an amount Of money, estimated at
from $40, 0O0, 900 to S12, 100000 per annum,
could be kept in Salt Lake city, the benefits
could hardly be calculated. 1t requires
10, 900 laborers to produce $40, 600, 900 worth
of manufactured articles. This number of
people employed would doubts the popula-
ton Of Salt Lake city. That amount of
money kept in this territory, to say nothing
of an equivalent amount which would come
from outside localities, which would become
customers, would work a radical change in
the financial situation. Money would be
more plentiful, consequently cheaper; rail-
way projects, manufacturing enterprises,
building development and all classes Of
trades and industries would be stimulated
by this cheaper money, and the rapidity and
the pkrmanancy of Salt Sake city's growth
and prosperity infinitely augmented. In
view Of these facts, every person in Salt
Lake city who has property or other In
terests here, is urgently appealed to, to
show his faith and make an effort to in
augurating this beginning.
ut is proposed to put up, in bulk and in
bottles, in this establishment, the following
lines of goods: Mixed and plain, sweet and
sour pickles, chow chow, horse radish,
catsup, chilli sauce, Mexican hot, old Ken
lucky pickles, Worcestershire sauce, sauer
kraut, picked pigs feet, sweet mangos,
tomato soy, caulicelser, caulifower, pepper
pulp, mince meats, preserves OF all kinds,
etc, ETC.. etc. 1t is expected, as the bust
ness grows, to take up other branches, in
GLIDING canned vegetables and fruits.
I'VE suggest that active steps be taken
Immediately for securing subscriptions to
stock, and this most important industry
established here in time to take advantage
of the coming crop season; and also that
the newspapers of the city be requested to
agitate this matter vigorously, and that
they and all the banks of the city be re-
Quested to take subscriptions to the stock
Our idea in reporting as above, is that this
should be made popular movement, as we
believe that this proposed company can be
made a grand success, which will be of
great advantage in promoting other home
enterprises in the future.
practical men, the best in their line, are
willing to put in portion of the capital
needed.
sc. F. CULMER, chairman,
''W. II. SHEARMAN,
&C. E. WANTLAND,
Committee.