Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-05-18
LOANS AND REALTY.
More Eastern Capitalists Retaining
From Leaning Honey in The West.
REAL ESTATE EXCHANGE MUSIC.
Sunday Concerts aud Street sprinkiing,
aud Silver Letter
Wanted.

Il. II. Rollins & Sons, Of New
York, Boston md Denver, are
among the leading capitalists OF the
country. More than q million dollars
Of their money Is now iu Utah, loaned
on bonds. Besidcy this, vast amounts
are placed In Montana, Oregon, anu
other western states.
Today Il was stated that their repre-.
sentativts in this city had received q
letter directing them not to nego-
tiate any more loans or purchase
more bonds In the West, as ia
tile present. condition OF financial
Affairs east the firm would not under
take any more bushes, OF that kind
Than II now had on hand.
Following upon the announcement
10 tue same eject, by the New York
Lille Insurance 60 npany, ~ noted in
tht NLWs lew Gays ngo, such n
policy 10 this VIII cause a still further
depression OF tho financial situation
mere, ny the restriction u public en-
terprises.
REAL ESTATE EXCHANGE.
The Real Estate Exchange this
morning transacted the usual amount
OF ousiueHs, and tho memheIs exhibited
determination to make matters Lively
u IL was possible. Al the meeting
last evening the chairmen OF the COM
mit'ees were not present, 70 no report.
were maze. Several schemes for get
Ting more members were suggest.d,
one was that HtockbTokers be- invited
u Join ~ honorary members, Others
Were 10 get yet outside business men
into tue exchange IA contributory
members. J. II. Whalon suggested as
pan iJt raising money to defray
expon,es Tor advertising that sucn
membera as have property from which
they are enabled to realize deeu such
property 10 tho Real Estate Exchange
for IA sinking tund.
Fred Trimmer moved that tho Real
Estate Exchange send resolution 10
the cry Council asking that ali the
streets within the epfinklinS district
be spfinkled every Sunday. He called
attention 10 the gusty condition Of the
htreels. Tourists ~ weliasrcsidrnis here,
he salui are out slyht.seulug on Sunday
nnu The streets are IN very baJ c1ndi.
lion. Iho city paid n bill for Sphinx.
ling ast year ol $4,000, anu the adii.
llOh OF one dny eacu week would not
increase the EXPENSE materially; also,
that q committee Oi three bs appointed
TO present the resolution TO the csuncil
and urge them to nciion. MIR.
COnklln favored the proposltl n, as
tue latohag classes have only the one
day Ia the week in which to take re-
creation anu the streets should be
sprinkled ON that day as we'll MS any
othuF. MI. Wantiaud suggested that
II might bp well 10 have a p.titiou
slgn.u by the business men 10 back up
the resolution. Mr.. Conkiin appointed
an the committee Fred Trimmer, J. II.
Watts ana l.. II. Mayne.
Mr.. Wantland moved that the COM
mitlee just appointed be authorized to
nnd out what the cost would DO 10
secure band to give concerto each
sunday afternoon at Liberty park. The
motion was carried.
MIR. Conklin asked the expression Of
the meeting regarding tue changing of
the time OF tho weekly meetings TO the
evening. The regular weekly meetitg
OF Tie Exchange was set for each
Monuny evening at S O'Clock.
MIR. Wantiand suggested that SlOO
he raised anu put up ms n prize for the
best letter on silver, anu numu,r OF
these DO printed rs circulars for use 10
members going east, and they dis-
tribute them to eastern membeIs, The
matter was laid over 10 the next meet.
Ing. The meeting then adjourned nj
next Monday evening.