Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-06-06
BUSINESS And MINES.
The Movement for Early CLOSING OIL
Stores on Thursday afternoon.
GENERAL BUSINESS OUTLOOK.
Reward for the 1lniic Dyramiters.-'
Work at the Rob Rpy-General
Miblug Notes.

AAt tuEEtHtl0n luhL lNt htOTeh VI tUih
city clo,o az D O'Clock ON Thursiay
afternoon, 10 give their employees a
chance 10 witness the 5altair Beach
opening, 10 meeting with genoinl
favor among this leading business
l'ms. These are, without exception,
sIgning the following petition, which
was boing taken around this alter.
noon.
"ln confederation Of tho fact that
Thursday, June s, 1893, will witneas
the formal opening Of saltnir Beach,
ihnt the owners Of SalAir have ex.
penied cloge upon quarter OF n mill
Hon dollars la contracting a resort that
viii BE- VI vast bencft to Salt Lake
CITY; that Sallair Is essentially and
entirely Salt Lake enterprise, built
aud owned by local capital; and that
20 important q cJucern should receive
the recognition aud support OF all our
oiIizeus, we, tho undersigned hereby
agree to close our places Of business q
o Pm. on Thursday, June s, to allow
ourselves and our employees 10 attend
the ceremonies ut the opening Of this
resort"
BUSINESS OUTLOOK.
at begins TO look little shpky,"
said well known business man to.
day, "ior the finances Of the country,
Ia general. Everything points to a
Tremendous crash unless something ~
done quickly 10 relieve tbs present
condition. Even iu Salt Lake people
begin TO feel uneasy, though there h
no occasion for any excitement. II
Will do the people good 10 make them
more careful In heir financial mat
tcfa. There IL oue class that must
be pressed, however, and that IL those
who are running into debt and falling
10 pay promptly. Creditors must
tighten up on that class or lose their
money. No business house can carry
al OF Ia cuGtOM-rs, or even a con.
siderable proportion OF them in these
times. IL any Try II they viii fail.
Hut there II no occasion for a panic, nor
do believe there Ia danger here. Utah
people are not 30 excitable GENERALLY ns
elsewhere, for the reason that bust.
uess has usually been conducted
on conservative principles. The
leading banks are al8l In good
condition and evidently Intend
10 remain 70, for they are exceedingly
careful now NJ TO where they make
advances. / think times will he closer
still for while, but that with ordinary
care and relrenchment we will tide
over with no great trouble"
"Hhefo Il no occasion for taking a
gloomy view VI tho situation," said
another leading tlnancler, "but We
may as well be- careful to avert disaster.
one feature that Is going 10 tighten
money matters IN Utah considerably
Ia the falling or In tile receipts Tor tho
wool crop. A. conservative esti.
mate the Territory should have re-.
ceived two million dollars, but II will
fall three quariers VI u million short.
That IL very. severe blow, aud We
cannot help but feel It severely.
II 10 unfortunate for us that
there Ia no market for wool. A sale
that was made this morning at Nophi
show how mnltere are going. one man
let bis whole clip 10 at nine
cents pound. Such condition
IA far from encouraging. II will take
some lime for Congress ~ give any
relief, even II 1t was Ia favor OF deal
ing with the silver question In ths
only way that will help Us, but the op-
position to silver Ia 90 strong even vet
that good deal OF timo win be spent
In discussion. Yet think that in Titan
we are better oil than elsewhere, aud
II people vii avoid the risks " debt as
far as possible things Will be more i'm.
proved.
AT EUREKA.
The force OF U. S. deputies at
Eureka has been increased by six now
men ana oil II quiet today. A re.
ward VI 5000 has been offered by the
town for the apprehension OF those
who blew up the houses yesterday,
Marshal Benton approhends no new
acts OF violence at present, aud went
to Ogden today.
Judge Smlth came up from Provo
today, having Issued q veuirs for a
grand Jury, which will be impaneled
on Saturday. The courts will them
proceed to an investigation OF the
whole Eureka matter, not limiting the
Inquiry merely 10 tho dynAmlting
Outrage.
THE RON RoY.
Beaver UoaiaR, 2nd: Work on the
Rob Roy - progressing smoothly,
They are working TWO shifts OF three
men each. They are sinking