Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-11-09
W. N, Donaldson Of Capital News
Arranging PreIImlnaries Here
WILL ALSO START A BANK
Old-Time Newspsperinan Talks In
An Interesting strain Regarding the
Outlook for Growth Of His state.

w. N. Donaldson. business manager
OF the Capital News Printing company
at Boise, Idaho, Is in town on business
connected with the establishment Of
mining exchange in the Idaho capital,
upon the same lines as those which are
in vogue in Salt Lake City His visit
TO Salt Lake at the same time Is In
the interest Of the Capital Loan x saw
ings company, which has just been or
ganized in Boise with capitalization
of S500,000 Mr.. Donaldson expects TO
have the mining exchange in full oper-
alton by the 18th of this month The
financial institution will open its doors
January LIST.
W. N. Donaldson Is an old time news
paperman, who prior to his coming to
Idaho hac been with Hearst for eight
years on the Pacific coast, is endowed
by nature with a stature OF heculean
proportions and genial smile He is
accompanied on this trip by Mrs. Don
aldson, and after attending 10 his du-
ties and taking In the sights Of the
Utah metropolis, he hopes TO be able to
tear loose from his many friends here
and return to Idaho tomorrow.
In addition to the many enterprises
with which he Is connected and has
successfully operated, the Boise Capital
News ranks among the former This
paper was started on January Ii OF this
year. and such has been the progress Of
this evening daily that Il is said 10 sur
pass In circulation any other newspaper
published In the state of Idaho. 1t is
live sheet, which gives the news and
publishes no plate matter,
NEW MINING EXCHANGE.
In speaking Of his visit to Salt Lake
City, he said this morning: II have
not visited Salt Lake since 1892, and
am surprised at the progress and de-
relopment which is to be seen on all
sides. The proposition OF starting II
mining exchange in Boise, has oeen UNI
der discussion for some time past.
Things have now come to focus and
we will in all probability start up about
the 18th OF this month. In order to get
thoroughly posted have come nown to
Salt Lake TO look into the manner IN
which the Salt Lake mining exchange
is operated OF course we viii begin in
small way, with probably only half a
dozen stocks listed. for the people have
70 he educated up to mining stocks
there But | do not think II Will be
very long before we include the Utah
stocks In our call, and win receive quo
tations from Salt Lake by private wire.
We also are in great need of a loan
and savings bank in Boise, as there Is
a great field for q financial institution
along the lines of those which have
been so successfully operated in Salt
Lake. The Capital Loan and Savings
company will occupy a handsome new
building in Boise about January l."
BUILDING IN BOISE.
Continuing he said: 1--WE all think
there is a great future before Boise
During the past year there has been
new life instilled there and prospects
generally have llyened up. At the
present time buildings in course OF con-
struction there would perhaps aggre-
sate 100000. Among those buildings
which are being projected are the
Union block, the government building,
the Union Warehouse which will be oc-
cupied by seven big firms, and forty
residences. A syndicate of Chicago
capitalists is figuring on erecting six
story steel building in Boise next
spring. Rents are nigh and houses are
hard to obtain"
Coming down TO the mining pros
poets In Idaho. Mr. Donaldson was en-
thusiastic regarding the outlook in
Thunder Mountain district. Every
body that comes out OF there" he said
| tells the same story. Even the cooks
IN the camps bring good reports Of the
rich mineral wealth of that region. We
expect the pack trains and parties who