Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-06-03
MINING AND REALTY.
r C. Chambers and The Pacific Mn
Ing and Trust Company.
At TnE REAL ESTATE EXCHANGE.
Mining Company for Western wyoming
Proposed Reservoir In Sanpeio.
Planting sugar Beeis.-Noles.

t,ts. His associates ia the project are
pscinc Coast capitalists, aud the papers
q San Francisco, TO which city Mr.
Chambers recently made trip, state
that In a lew days there will be hled
there the papers that will launch one
Of the wealthiest corporations ever or
ganlzed la the state. IL In well known
that for many yeArs the mining indus
Try In the west has been dropping be-
cause foreign capital could not be
occurred. This, IL 10 believed by the
prrjecios Of the scheme, Ia due
to a lack OF confidence in the rep
G,srnlatlvcs sent abroad TO negotiate
pa'cs. In many initanoes the middle
man has demanded such prices for fair
prospects a. 10 make 10 practically pro.
Hibitive. Several weeks ago some Of
inc gentlemen most heavily Interested
iu tue development Of mines through
out the coast met aud talked the ai,ua-
don over. The result OF that confer.
tnce was decision to oTgauizs cur.
p1ration 10 be- called tue Pacific Min.
irg aud Tfust company. The avowed
uuject Of the Institution 10 to deal In
mines, mining claims, water and water
dltchts and all similar enterprises.
fhu company viii not buy or sell any
mines OF ito own, -, will DO IL bust
ursa ON commission ouly. Ahr idea IL
tI put mines aud similar business on.
U.fprlsra In tho same condition ~ seal
tstate. Then persons desiring ~ buy
u sell mine can IND what they d.
l.fo ut tho new compauy'e office.
chis, II 10 claimed by the promoters %
iuU new scheme, viii greatly facilitate
Zoe development Of minea. Tho capt.
miutook Of the Pacific Mining aud
Trust company Ia $3.50, 900. Tho difoc-
20 Tor the coming year will be Irwin
g.. stump, Irving NJ. Scott, w. y.
HJad, 4. ". Lilienthal anu ID. AZ.
Burma OF San Francisco, J. II. NcT Of
fiicor county, Gal, and II. q. Cham
utrs OF Salt Lake. rhe secretary OF
uuw operation will be- VIC. Rhlslon,
WHO i at present assistant appraiser gt
Agu francisco, but VINO will no doubt
DO relieved by President Cleveland
ICON.
AT THE EXCHANGE.
Tho Real Estale Exchange meeting
today was enliyuned by a ulacussiOu Of
the advertising scheme OF MeasTf.
Rehrman aud st. George. The ex.
change members felt " endorse the
plan Of these gentlemen and 10 furnish
printed matter ~ advertise Utah, but
there was q matter Of 500 which IL Ia
necessary 10 raise to release the pictures
and get them 10 Chicago. MIR. Rehf-
man waited TO raise this amount
by subscription among tho cit.
gems, ana the exchange was willing
that this should be done, but IN It's
endorsement of tho nterprlyo did not
wleh TO be undenlUod as assuming any
financial responsibility further than
for the advertising matter. The propo-
sltion was finally referred g. tho tx.
change committee On advertising, 10
report on Monday evening.
There were number OF wants nnd
oilers ltted by the members. Among
the Offers were 1900 shares OF stock la
The Star mine at HALEY, Idaho, at
i've conts per SHARE, aud 20 shares Of
state Bank OF Utah at sllO Por share.
10 REDEEM LAND IN sANPErE.
A private letter from Falrview
citizen states there IN considerable
foundation for the fum0T TO tho effect
tHat a reservoir scheme was one OF the
future possibilities. Eastern capitAllsls
have looked into the project aud have
been looking NJ the proposed site AMI
the land 10 come under ita domain.
The site has been pronounced nrst-
class, and without doubt tns matter
viii receive considerable attention.
There are thousands and tens OF
Thousands OF acres VI vacant land In
banpete valley lacking only water 10
make II az productive as It's many
already fertile acres. On tho eastern
eide OF thu valley, especially, II would
redeem an Immense amount OF land
anu add many thrifty home 10 this
county. Tue plan is very feasible anu
we hope the matter will receive due
allontion.-R. Pleasant Pyramid.
ACREAGE IN BEETs.
Mr.. G. A. Granger and Mr. Gsorge
Austin, when they were At Spanisn |
forN this spring representing the beet
Interest among tho tanners for the |
sugar factory, says tho Lehi banner, |
made hr. bnell n kind OF bantoring ol- |
fcr that II he got thepeopls Of that city
% contract fOr 300 acres OF beets they |
would give him a new hat. Bpanisn |
Fork has gone far beyond that acreage,
reaching somewhat like 500 acres
The other DAY Mr.. Austin had bin
q, ~ the Coop. OF that city sent TO him
SOWING that he anu NJ. Granger
" Go indebted 10 that Institution Tor
rr hat purchased by Mr.. SMELL. |
au uut $500. They paid the bIl
Nrutur aud Austin are delighted
over ihu present prospects fora good
tI}nt-brtt crop this year. Never have
thr h.e,s looked NJ well at this season
90 he year. The sugar O mpany have
done all that II possibly could do 10 yet
lhe seed PUT In In good condition, IL
tlaIal no means In getting the beet OF
iu-la and machinery 10 work the land.
inc infmers have taken hold with de.
termination TO make this years crop u
paying one. They have mken great
aus TO get Their land In the beet OF
tIlm i0r the Houd, and everything Is
Noihing ehATmingly thus far, anu the
~ ntt men are IN high glee over the
tut'o1E. Ia addition 10 Mt. Granger
anu ar. Austini who are out In the inter.
~ OF the factory, there afe now two
Nhor gentlemen out among the farm.
'is' MI. Gardner north nnd Mr.. wiz.
ilcworth south. II Il TO be hopod the
Sum any aud the farmers will not bp
disappointed In their fine prosptc,s
and should they not be Lehi next M
WIZ DO ono Of the busiest town A.,
u'nh, and tho money which wifi he
~ IA circulation here through tie
lugsr and canning factories will civ,
ier boom Of the right Kind.
THREE MINERS KILLED.