Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-08-28
BUSINESSAND MINDS.
The Local Financial SHal,iOl I,
Steadily Improving.
$4,000 SILVER one FOUND.


and Busiucs. No,cs.
The BEGINNING u this week finds
the local financial situation with
much bother outlook than has been the
case Tor many weeks past. Money
matters are getting easier, ami the
cuuJut has set Va Tor better
conditioned business locally, ct least
Notwithstanding the fact that the
Hou'o o. Representative shows such
u decided majority OF anti.silycf rop.
rCaoutalives, Tue demands on the
banks have bcon less numerous aud
eNacllnr, ami the feeling OF confidence
in financial circles lie corrcsponuiugly
increased.
! The existence OF such n favorable
stale " utlaim Is due largely to the
patience AMI thoughtiuln,ss ~ the
people here, who have carefully
avoided anything Of npauicky fcullng
in money ua,iers. They have wisely
luuutd the even tenor ui their way,
seeking 10 throw In their mile flr tie
general good rather than, by letting a
feeling Of oulGshuess well upporm3sb
/ prccipinto an excitement. The
business mun of the community are
warm IN their commouda,ion Of the
people generally Tor tho conservative
coursc lncy have IurauoJ. OF course
the woods are not pasted by yet, but u
I tbu prcfani condition OF caro- aud
| patience uo maintained, the way out be
uuuubliuclcd aud within compare
/ lively easy reaching distance.
BUSINESS FAILURES ~ rRuyo.
rw0lusiuess ustablishmentsi Provo
closed their doors THE morning. In
/ neither Case h the amount Involved
/ very Jorge, Ouc OF the iailurrB WAS
that OF Julius Jensen, ieweigr VINO
/ named Joseph Jensen n4 assignee.
! luu atsuts c3nsist " about S5luU worth
90 stock aud n piece Of rrni estate 30
which thur1 lisa $500 mortgage. The
| ltbiliiivH aggregate aoOut 5000
The ether parry TO 80 out OF business
| was WIN. Nichols, plumbing anu
| hardware merchant who has been Ia
] "N7AA'NH NUM- RIA l'NtHs AA' hAH a
| branch store nt Spuugyillc, which also
goes down. W. n. ChamberIaln is
named as Assignee. The assets anu
| liabilities arc Tot given. but VIII
prooibly exceed those Of the Jensen
failure.
s2),oOo ORE.
A wonderfully rich strike u ore n
reported In the SuaiOnm ditiTici, 100
niles west OF Boise, Idaho, by Jack
| HeudVrOu, AMI "A small ruipmcnt Of
the ore has been forwarded u this city
| Tor testing. yhe strike is in John
i,nrly's o. X. mine. The lodge H. said
/ 10 bu four feet WIDE, carrying guauti-
ties Of aim ~ solid ruby anu native
siivcr II IT, the biggcs. leIge OF ruuy
silver, MIR. Heudofson says, that has
ever icon discovered. The owner Of
the Mountain King mine ufslyed some
OF the rock, anu % went S2I, OOJ To the
! ton. When Mr henderson ioit, pine
tons % the ruby silver had been taken
OUT Mine's are rushing into the dit
trict to make localions.
SUING FOR A MILLION.
Suit tor a million dollar- has Leen
planted IN the district court nj Viz.
ginin CITY, Nevada, by :, Longabaugh,
owner OF the Succ0r mine, In Gold
Hill district, 'uinat the owners Of the
Justice and Silver iill minep. The
plMntlu alleges that Tor several years
the Silver Hiiland Justicc mine opera.
tors have been stealing ore from the
| succub by means OF underground
workings which were run from tho
Justice bhuiJ under the SuuClr, un.
known 10 the operators Of the latter.
The amount OF ore said 10 have beoI
stolen h valued at sl,OOO,O 900.
COAL IN CACHE.
News c0m,s from Franklin, Idaho,
that u coal mine haas been at last die.
covered in Cache valley. The quality
II the material is yet to bs tested, hut
there In no doubt OF its being coal.
The quantity Is believed 10 be
abundant, IL was reached ia a tun.
mel nearly $50 feet In the mountain.
rnE WOOL GROWERS.
The wool gtowers Of this locality
are feeling little better Just at this
Time than they uid a lew weeks ago.
Tue sheep everywhere are reported rs
In excellent condition, ami the mutton
and wool markets snow "A tendency
81 " AAA AAAA ~ fAAAANAhH aus ~ "a INtAtA
10 continue aud reach over into next
season unless thUre should BET change
in the tarT law. This latter feature
10 giving tho shgepJwners some auX-
ioty At present, aud they are taking
steps 10 protect, u possible, their utter,
esis In this regard. The Utah Wool
GFOwers' association Will send dele.
gate TO take part IN the proceedings of
the convention named Ia the following
call:
On the 2sth aud Goth days OF Sep.
TENDER, 1893, at Assembly nail, on the |
Rt0uuus OF the Worlds Columbian !
Exposition, al Chicago, mass meet. |
ing OF the wU1lgfOwefs, wOOl-dealers, |
the cotton lantuts, the farmers anu |
members Of grange organizations in |
the United states, viii be- held To lie. |
vice means 10 promote tho interests Of |
the PEOPLE engaged IN the industries
mentioned,
Every county aud township having
sheep should boz represented. We arc
threatened with tree wool. 1t will
ruin luu American wool Industry. IL
VIII drive men engaged In producing
wool aud mislus sheep Into tho pr0.
Gurtl0u %! wheat anu yther iBrm pro.