OCR Text |
Show fmwmi findj Considerable Excitement Over Some Coal Deposits Discovered in Slate Canyon. . jEAL ESTATE AND SUSINESS. He Call Meeting of the Exchange Two Gentlemen from Laramie Start in Business Here. There is considerable excitement at Frovo over a find of anthracite coal in Slate canyon. Mr. Joseph A. Harris located the carboniferous deposits and is confident that b.e bag struck a good thing' , ,. . . . The newly discover mine is only four miles from Prove, Mr. Harris says-that says-that they are now working a twelve-inch twelve-inch vein, which is widening out as they ptocoed into the mountain. It promises to develop into quite a thick vein, but even if it does not grow larger than it Is where they are now workingit.it will still prove profitable, owing to the high grade of the coal and its close proximity prox-imity to the city. ' "You can say that we will furnish Utah county with anthraciie coal,' 'said Mr. Harris. "We expect to push- the business. I can not yet say at what price we will be able to deliver the coal, but you can safely say that if the vein continues good, there will be a material mater-ial reduction in the price of anthracite coal." The Beat Estate Exchange, The call meeting of the real estate exchange this morning was well attended. at-tended. Considerable time was spent in the discussion of the outlook for the winter trade, and the unanimous verdict ver-dict was that the sqles wanld during the present month mount up to figures never before reached in this city. Money is flowing in from the east and a number of important deals are on foot which promise to add much to the prosperity of the city. This morning Woodruff offered a lOx 10, being lot 1 in block 107, plat D. Davis & Stringer offered 5x10 on Second Sec-ond Sjuth, between Second and Third West. Desky & Co. offered two acres, being the south portion of lot 44, in Glendale Park. ' Came from Laramie. Messrs. Ford Barclay and U. U. His-key His-key arrived in the city last evening from Laramie, Wyo., and will establish estab-lish a branch office of the Pacific investment invest-ment company here. They commence business today. J. W. Donuellan. formerly for-merly cashier of the Laramie national bank, and who occupies a similar position posi-tion with the Commercial national bank of Salt Lake, is treasurer of the Pacific company. It is the intention to ultimately have the Pacific investment company's office in the Commercial bank building. They have an extensive exten-sive loan business already established at Salt Lake, and by the present arrangements ar-rangements they intend to extend their operations. Messrs. Barclay and His-key His-key are pleasant gentlemen and know bow to transact business agreeably. The Regular Meeting Tonight The regular monthly meeting of the teal estate exchange will be held to-light, to-light, and all members are urged to be present, as several matters of importance import-ance will come up. Among these matters mat-ters the most important is the settlement settle-ment of the question of what shall be 'lone with those who are behind in their dues. The Church Farm Leased. Receiver Lawrence has leased the cburch farm for the coming year to F- A. Mitchell at $300 per month. This as the highest bid received. Real Estate Motes and Personals. The real estate transfers yesterday mounted to only $8355. The Eagle Cracker company of this , with a capital of $25,000, has filed articles of incorporation with Secretary Sells. The chamber of commerce has an injury in-jury from a Chicago man who wants to Ret mineral wax deposits, and asks have a sample of 100 pounds of the be9t quality sent by express. |