Arizona weekly journal-miner., 1898-11-30
WATERWORKS
 BONDS ARE SURELY SOLD
The Final Closing of the water works proposition so Ong to Face
 Prescott.
The Bonds are Being Engraved and Work Will be Inaugurated
 at Once.
GOOD OUTLOOK AHEAD.

One of the most encouraging s1gDs for the future Of Prescott, in so far as its material development goes, and giving to the city a desir- able outlook in the construction of homes and business houses, as well as a sanitary condition that in itself will be perfect, is the good news to reach us from New York City yes terday. It was the receipt of a great many telegrams stating that the United States Mortgage and Trust Company had closed the pur- chase of the SI50,000 of bonds re- gently authorized for issuance in a special city election called for that purpose, and known as the water works and sewage bonds. The tele- grams also stated that the bonds were being engraved and would reach Prescott inside of three weeks for certi6cation and approval by the city council of Prescott.
 This is one of the best indications oi Prescott's future prosperity that las reached us in many years, and nothing should be more scceptably welcomed than the tIdings above mentioned. It gives to the city above every thing else, feeling ol stability and security to its property interests and encourages the home seeker instead of dispelling him. IL creat es immunity from epldemIcs iu the future that have prevailed IL the past. It gives to the city's ap- pearance a regard for its thorough- fares instea of played out reck- l, ssness. It will encourage verdure instead of causing one to behold, everlastingly, desolation. More than this 1t shows that Pres colt is alive, and at last recognizes aud faces approvingly the logic con tained ''in long felt want"
 Acting in accordance with the re- ceipt of these telegrams and the closing of the question from 6nan- cial standpoint, the city council will meet Monday to officially ratify the sale of these bonds.
 What disposition the city will make of the problem of a practical nature that faces the city, if the sale of these bonds is approved by them, We know not. The question submitted to the voters of the city some time ago called for a joint proposition on the water question. First was authority to expe nd out of the $l50.000, a sun not to exceed 5000 to prospect for water with on Goose Flat, and in the event of a supply at that point not being ob- tainable for the purposes specified in the act. then the question of storage reservoir, located on Potts or AsIs :, rreek, to cost in the neigh borho f Sl10,000, was to be in augurat .. We suppose, however, that a reservoir or any similar pro ject, if at all any, will be discre- tionary with our city council. At present the city officials are explor- ing Granite creek north of Prescott, and it is said that so far as the work has gone, success is being met with. The matter will probably be gen erally discussed by the council and business men of the community, if the sale is approved, and the plan of improvement carried out in accord ance with the sentiment as express ed in mass meeting some time ago. The bonds issued by the city and now reported by telegraph as sold, weDt at par. The purchaser IS syn picate of the wealthiest and most in iuential in the Union