Pine Bluff daily graphic., 1915-07-22
CHERRY STREET
 BONDS ARE SOLD
 FOR D0NOS OF $50
Continued from Page 1.)

twenty years, were sold to Judge Gould Tuesday, for par and bonus of $10O. purchaser also to pay all costs attached to the issuance of the bonds. Yesterday the commissioners of the Cherry street district sold to Judge Gould an issue of $35,900 twenty-year six per cent bonds, the price being par and bonus of $50, the district to pay incidental costs. As in the case of the Laurel street issue, the bids for the bonds were of the open class, it being literally an auction sale. Bidding was spirited in both cases, the bidders for the Cher ry street bonds yesterday being Judge Gould, D. B. and F. B. Bloom, w. c. Hudson and the Simmons Ma tional bank The Bloom firm bid par and bonus of $31, being just $19 in actual money below the win ming bid
 The contract for laying the pave ment was awarded by the commits sioners to the Kaw Paving company of Kansas City for $4S,76S.40. The bid was somewhat lower than had been anticipated, and the commissioners felt highly elated yesterday, at hav- ing received good bids on both the bonds and the work
 The Cherry street paving district includes Cherry street from Fifth avenue. to Twenty-fourth avenue, distance of 19 city blocks. The work to be done will be approximately IT, 570 square yards of pavement, with five inch concrete base and tWO- inch asphaltic surface; 10,150 square yards of vertical fibre brick to go between the street car tracks; B. GOO lineal feet of concrete curb and gutter; AS cubic yards of concrete in culvcrts; and 5000 feet of storm sewer
 Signs of Prosperity.
 Bankers and business men gener- ally look upon the awarding of the two contracts and the sale of the Tuesday as plain demonstration of the fact that prosperity prevails in Pine Bluff.
 In the two districts,'a a total of AZ city blocks is to be paved with as- phaltic concrete, there being P blocks in the Laurel street district, 19 blocks in the Cherry street district, and one block, in Tenth avenue be- tween Main and Pine streets. This latter block was filled in by the city and property owners while the state street paving was being put down, and is now fully settled, ready for the pavement to be laid, the expense to be borne by the owners of abutting property.
 The two bond issues aggregate, in face value, $75,900. and the bonds were sold for $76,325. A total of $93, 16S.40 is to be expended in the work. Both districts have received aid from the county, County Judge c. M. Phil pot having promised to give the Laurel street district $1C,000. and the Cherry street district s1S,000 in sev- eral payments, out of the road taxes paid by city property owners. These gifts from the county road funds will reduce considerably the load to be carried by the interested property owners. the county paying $2S,O0O out of $93,OOo, or nearly one-third of the total cost.
 The work is to be started about August 1 and the Kaw Paving com pany intends to prosecute the work on both contracts, to the end that both jobs may be completed before the advent of the winter season.
 Car Company Helps.
 The street car company will help materially in paving Cherry street. having agreed 10 double track Ns line from Sixth avenue to Sixteenth ave nue, to pay the cost of the paving with brick between its trScks. and donating $5,00O in cash toward the expense of paving the street, in ad-