Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-06-22


with the value of the company's ac-
| QUESTION, and says the canals are
capable Of irrigatng 10000 more acres
OF land by being slightly cleared out.
The dam the fumes In the canal, and
the general construction, he says, are
IN admirable shape. and should last
hfty years, He gave special attention
to the farms IN the Bear River valley,
when are not Irrigated, and he states
that the contrast between the watered
and unwatered crops this season Is
very marked. He says that the COM
pany VIII go on selling lands TO the
! preferred class Of settlers especially
those who have had experience in beet
raislng.
At a meeting of the board Of drec-
! tors Of the Utah Implement company
held today, the usual quarterly dlvl-
dend OF 2R per cent on the preferred
stock was declared payable July lst
Building permitswe were issued during the
week as follows; T.. @. Nelson, 1881 east
Third South, brick double house, $1,000;
Mrs Is. Brown, corner Peach and Gem
ter streets frame store. $50, +. J.
Pascoe. J street between Second and
Third, brick cottage. 81. 500, Miss Jennie
Snyder, First street. between II and L
brick cottage, 81 500. Mrs Liz2ie y,
| playter, Fourth South between Fourth
and Firth East brick cottage, $500,
r, y. Mellett Fifth street between
and X two brick residences $4,000 ri
Guglielmlns. First South, between First
ana Second East. alterations, $1,000
Matte Gray, Tenth East betweeei
Third and Fnuth South brick cottage,
$1,000; w II Nutting, corner and
First street brick residence, $1,000;
total. $l9S50 W
The Salt Lake business situation IL
most encouraging and II the clearings
of the banks can he taken as an lndica-
ton Of the growth Of the city In imam
cial standing II Is growing at mag
nlhcent pace. The bank clearlngs, as
mentioned by the News on June goth,
for the week ending on that date,
amounted TO $4,000 or an increase Of
1893 per cent over the olearngs for the
corresponding week Of last year. Ac-
cording 10 Bradstreets report for this
week showing the Cearings at all the
principal cities of the United States
and Canada With the percentage OF in-
crease and decrease. salt Lake leads
All the other cities by at least 35.7
per cent Of Increase New York with
81 z per cent. Youngstown, o.. with Il
per cent and Sioux Falls with 51.3 per
! cent. show the three next largest per-
| centages OF Increase. In amount OF
clearlngs. Salt Lake leads all but twen-
ty-six cities in America, The amount
| Of clearlngs at Denver Seattle, Port-
/ land Los Angeles, Washington, Rlch-
mond Savannah and Hartford are all
I considerably under the Salt Lake clear
( lngs In amount Salt Lake ranks with
4 Buffalo, st. Paul, Galveston, and ST.
J Joseph, which are much larger cities
| IN amount OF clearlngs. There has
/ never been time In the history Of salt
/ Lake when money was 90 plentiful as
/ now nor when those OF moderate In
1 come were spending their money so
/ freely. People ere investing In real es-
( tate. stocks and paying securities and
I as q consequence much money Is In cir
! culatlon Ire development Of the state
| IL going on at more rapid pace than
/ ever before The mines and other re-
| sources Of Utah are being opened up.
/ Besides this. young and old working
/ men are acquiring homes on the INSTALL
/ ment basis and much building is going
| on. This in connection with large
! deals like the Bear River canal deal,
/ the bulish stock market and large real
estate deals have swelled the amount OF
I clearlngs 10 rs present size. II can be
/ taken as a GOOD indication Of the gen.
eral prosperity Of the people OF utah.
The one-half interest in the stock Of
] the Auerbach Dry Goods company be-
/ longing TO the T. Auerbach estate, has
been nurchasei by Samuel IT. Auer-
bach for 100000 As this sale has been
! approved the controversy between Mr.
/ Auerhach and r. G.. Wilson over the
! interest, Is al an end This controversy
arose from the fact that the executors
! OF VIM. T. Auerbach's estate advertised
| for bids for the one-half interest above
referred 10. Mr.. Wilson bid higher than
| Mr.. Auerbach and his bid was accent
| ed. However. Mr.. Auerbach tried the
! case and got decisions IN his favor
| from the Supreme court. He then bid
UP to 100000 and the executors have
accepted the bid.
Mr.. Chris Schneider Is building Ave
room modern brick cottage on Fourth
South. between Fouth and Fifth East
II is to be ready for occupancy on Sep
TENDER list
There will be no further scarcity Of
common brick this saaeon. said Messrs
Simon Bamberger and j. n. Kirk. Of
the Kirk Brick COMPANY, today The
trouble win lie In getting facing brick
OF that there Is still a decided lack
Another trouble that obtains is the
difficulty encountered in getting
enough teams with which 10 deliver
the brick that Is already burned. The
Kirk company finished burning 100.
O0O common and 800 000 facing brcl
this week. and have been delivering thu
same the past two DAYS As an indica
ton ~ the great demand for brick I
Is only necessary 10 say that this com
pany has been turning ont 30 1000 a day
for the mast two months. and In add
ton 10 this heavy turnout has Just pu
In two more LARGE kilns which will h,
ready to draw BIZ lore the present sup
ply Is exhausted
The Enterprise Brick comnanv hai
iuet finished burning 100000 brick
which viii be ready for delivering oil
Monday next This concern also ha'
two more kilns ready TO be Cred, Will,
the Salt Lake Pressed Rr'1 c0toanl
Is burning an immense kiln containing
one million brick, which II expects e
begin delivering in the near future
From the above Il will be readily seer
that there win be plenty OF common
brick on the market for the remainde
Of the building season at least
George Ward has sold his interest II
the Palace Meat Market 10 his part
ner Thomas !. Nlpper. who IN future
will conduct the business. Mr.. War
felt compelled to retire from actiy'
/ htsa