Salt Lake Herald | 1894-09-19 | Page 3 | Utah's Splendid Standing

UTAHS SPLENDID STANDING Her Securities AOTT lieiiigr Eagerly Sought For Utah securities are prime favorites in the eastern financial centres just now said C H Kibie special examiner ex-aminer of loans for the Mortgage Trust Company of Pennsylvania one of the great corporations which has been steadily putting money into the future state of Utah Mr Kibie has just arrived ar-rived from the home office in Philadelphia Philadel-phia and will be in the city several days making his headquarters at the office of Conway Donnellan local agents of the company He is here for the purpose of inspecting the securities held by his company on loans this being be-ing his annual inspection tour In I further conversation the gentleman stated that the tide of eastern capital I in search for Investment would undoubtedly i un-doubtedly roll toward the future state i for at present the securities of this territory are looked upon as first class in every eastern market I would be no trick at all to dispose of 200000 worth of the better class daily in Philadelphia alone There is plenty of idle money in the east now and the rates of interest are extremely low It will be impossible for it all lo find investment in-vestment there and the holders must turn their attention toward the west Of all of the states and territories which are inviting outside capital none offer better inducements than does Utah and the latters securities are way and ahead of those of many of the other commonwealths