The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-07-18
is NEARING COMPLETION
Utah's Salt Palace Will Be a
Beauty.
MONEY NEEDED AT ONCE
But No Truth in the Foolish Reports
That the Project Has Been ADAM
doned Workingmen Are
Buying Stock.

Since the salt palace project was first
suggested by the business and other
patriotic and enterprising men of Salt
Lake City several months ago, the peo-
pie of the entire Northwest have antici-
pated novel sight as well as a very
interesting one. The palace, according
to reports from Zion, is rapidly near
ing completion. 1t appears that the ex-
ecutive committee on construction has
been disappointed by several persons
who promised to contribute money for
the construction of the novel palace.
Word of this fact spread over the city
and it took on the color of a report
that the palace would never material
ize. In contradicting this report the
Herald says:
There is no truth in the foolish re-
port published by a contemporary that
the salt palace may never material
ize, for there will be one of the most
magnificent expositions the west has
seen, if hard and intelligent work will
make such a show.
I'VE need money, said President
Nelden of the board of directors, and
we need it at once The people of Salt
Lake have not taken as much interest
in the matter as they might have done.
For instance, the professional and min
ing men have done nothing at all COM
mensurate with their means. Only two
brokers of the large number here have
subscribed. They are r. L. Colborn
and H. S. Joseph. / don't see why
these brokers won't buy stock in the
enterprise. Why, they might float $l0,-
900 worth of it on the exchange and
get rid of ii in a week. Professional
men have done nothing at all; they
don't seem to understand that the salt
palace will not only be of vast benefit
to the city, but that their stock would
be a good investment They will buy
wildcat mining stock and lose money
nine times out of 10, but they leave
alone a safe investment.
1.-The Retail Clerks association
promised to aid us. but it has not done
so. 1t subscribed $500; not cent of the
amount has been paid in.
persons who have subscribed for
stock pay up very slowly. The money
comes in driblets; they put our COL
lectors off from day to day and week
to week The other day Jacob Moritz
and l went out and in a few hours got
more than 81 700, but l cannot leave my
business to collect the money. l am
giving all the time ! can to the work,
as are the other directors.
The workingmen down at the
grounds have more appreciation of the
with their wages.
This scheme is a safe investment
and it will be made to pay dividends
by at least next year. Would it be I'M
reasonable for 100000 admissions to be
taken during two months. less than
1000 per day? That would be $4,000.
Our receipts from concessions and per-
centages on privileges will increase the
amount The other night we netted
5000 from the bicycle races alone.
There is $4,000 worth of stock SUP
scribed for and unpaid. We want that
money at once. In addition we want to
sell SIS, 900 more of stock. 1t is only 81
per share. Let people keep their money
out of wildcat stocks and put it in a
safe investment
AT the bicycle races on Thursday
night Bartholomew trained horses
will give an exhibition within the
track. The performance is known over
the world and is considered probably
the best exhibition of the kind travel
ing. There are II men, band and II
horses"