Salt Lake Herald | 1903-04-21 | Page 1 | Salt Lake is Aroused to Greatest Activity

1 SALT LAKE SAKE IS AROUSED 1 TO GREATEST ACTIVITY t I People Eager to Take Advantage of Rites e s 6 Offered Off red Through Building of Clark Road Roa I Capital 1 Ready Reidy to Start Iron Industry When W TrI Trus 11 Are Arc Arranged Arca Real Estate Market B BaiE 1 tt tt t tt ti t 11 t f Aa u toot soon aa as details detain of mode and nd coat It of transportation can be settled seed t tt I t qty J n Ja my y associates and I will begin the work w lk of putting puW g a areal titan Mast furnace forme and fill mill in Utah As II soon OD as the San Ban Pedro real to M t f fand completed d we e stall ahn e to be he in a position oa to furnish Bessemer pig tier t tt t and steel atol I rails tsila t t t at PUt Ura prices Colonel Colo S 8 B BI tf rt MI I hays hare tIa never seen the future hat look so 80 bright t for fer Salt BaIt Lake L I t t t have been Meta here and that is Ia thirty chitty year Tears I look to see lee the Ute city d Is tn t sise within the ue next eXt ten years raW W 8 S McCornick t tt r I t tt V ALT LAKE has baa been beeD stirred from S one ODe end 8 to the other Ift by the tile an announcement that Senator tor Clark has baa bought the Oregon Short Lines Liaa south of ot the city dt slid and will UI extend to Los 1 Angeles at once Real estate was aa more mon active yesterday titan tJan It has been for t r years Colonel 8 S B Milner KilDer made the tile announcement no that he be and nd his bIa east eastern eastern t tern ern associates are preparing 1 to found t d the tile iron industry duet I iu lu Utah as u soon aa u the necessary traffic arrangements can be beA mailA mail made madeA A feeling of buoyancy of greater con and nd of energy e was Infused into the citizens The he doubters were wen forced to te seek k secluded spots pota for nobody would tolerate any aD The Th peo people people people were awakened to the necessity t of activity in taking advantage of off this tb golden opportunity to make Salt Lake treat great t A special meeting mee of ot the board of governors of ot the Commercial club was war w called for this evening to discuss the best but method to improve the tile opportunity offered er o d to advertise the city ctt and nd state tad and bring in I outside capital ca for forthe forthe the tile development of the ue resources The question of raising a special pedal fund of to to advertise the city and bring brt in manufacturing industries was w discussed by a number of leasing lea tine yesterday the tile money moDey to be used by Ity the Commercial club to establish e establish tab lish llah a special bureau bur for this purpose Want No He Fictitious Boom 1300 Anything tending to create a fictitious boom and aDd to inflate Innate values value val was w deprecated depre deprecated deprecated generally but the tile sentiment was wu widespread In la favor of doing do something to bring in Id Irr manufacturers and nd add to the producing wealth The general aeral good pod feeling was waa w in increased increased creased yesterday by b the advance of of silver aUver to 0 i 10 cents an ounce once and aDd copper to 14 1 cents ta a pound Colonel Milner who controls large de deposits deposits posits PG te of ot iron and coal stated yesterday that capital ca feat to s ready to put PU t tup up iron and aDd steel works wora la is Utah Ute as soon aa as the tile transportation ua question could be bein in br manufacturers and sane i men mb largely Interested in iron tron ore production tion The TM syndicate baa has the iron troll and the coal l I IL is waiting to arrange for tor forthe forthe the tile carrying of the iron ore on and the coke to the tile site of ot the tile plant and aDd of the finished Anises an product to the market As as u thus this can ean be done they tb will be begin ben begin gin n the construction of ot a blast furnace at some come point yet etto to be settled upon with a tail ran mill in connection The building ot or the blast blut furnace m means ns that pig pic iron will be furnished at Pittsburg prices to other manufacturers ers en Any Dy concern that makes products of ot Iron or steel will wilt be furnished with cheap raw materia The cheap fuel f 1 is Ia close aoe at t hand band and the natural re result resu su Bull sult will be the establishment of iron and aad steel I works worb covering the various branches b of the Industry The Salt Lake valley has baa so 80 many ny natural fa ta faculties facilities for tor manufacturing that it is expected the bulk of the factories will willbe willbe willbe be established in this thle vicinity Real state Estate On 0 the t Boom Real estate yesterday Peo Pee People People pie who had bad been beeD figuring for tor some sometime sometime time on buying hastened in to te close the deals Sometimes they were sue suc successful but often otten the owners owne raised rallied the prices The principal effect e of the announcement about the new road was to cause a boosting of ot prices price which in innumerous innumerous I numerous instances kept buyers buera and sellers sellen apart part On OD the other hand band real I estate elate men had bad a steady tead stream tree of in qu yesterday for tor prospective buyers buy en ers having from m 11 to U to in invest invest vest ve t A large barge number er of ot small deals deale were closed and some of ot moderate size Ise Notices were sent out yesterday tenia by Assistant Secretary Falter Harris HarrIll call calling callI callini ing ini I a special meeting of the board of I governors gov of the Commercial C club for this evening veal Ift to te discuss discs the situation and to formulate plans P to advertise Salt Lake more extensively and to o bring new DeW Industries I rte here hen There was U suck such sue a sentiment sent nt among the members that it would be advisable to strike while iron i hot that the meeting of ot the tile board of ot governors was ryas called lied The club i Is at t present t sending leading aad out booklets booklet and taking other steps step to adver advertise advertise tise Utah Uta said Mr Harris Banta The TIM den nite announcement about the h ha changed the situation however ho and acrI a athe at atthe t the meeting t tonight t a new Ste plan pisit of lit 55 paIn will probably probe y be out outTo ut To Rne Big f loads Fonda A special publicity and na pro proto f funi to be raised among D q the thereal men real HUt estate o nt nd a awas was waa favorably discussed a seat yesterday coda r by b wa i number r of men Mt n The fund wesIA lie a ex d expended expended under the le direction of the Cent mercial Hub club it wa was suggested and would ad give Ive that organisation greater than it possesses pe while relying en ion attest fees fee t and rind du dues dutS a ulnae alone alo I t am heartily in favor of rat rail raila and anda a fund said Senator Simon Baa and I will contribute my share if It I cap can ca know that it will be property properly expended If 11 it is expended judiciously It tt ought t tc tt t bring brio millions million of dollars Into the state I t m in favor of getting fua industries Indu here ht re said Mayer MaW tetra Thompson the same subject But we dont don t want to encourage eft e a let lot letof lotof letof of speculators to come COlD or peeDIe who art simply looking for tor work What we aee n here is capital and manufacturing W We dont want ant a boom Were Just Juat getting over the experience of ISM 1110 1 and we w dos I want any aD more of 01 it An Art Wants Wanted W When the boom In Ia I flattened w John C Lynch these people that be become come In ia as boomers boomer left It and we has hac nothing to show abow for what they tai had don Hama except excess a lot of second nd mortgages What Salt Lake Lab needs neede is 18 manufacturing lads indus industries t tries that at have bae pay rolls roUa and something and add apay to o the wealth 0 W We have cheap cowl coal co I and aDd favor we e ought to have hav factories ea and Im in fax faor or of oC going alter an anIt them Suit It Lake is Iii bound to POw grow o w new that elms the San Pedro railroad is Ia finally Bally assured and we have ban the practical certainty here that the Moffat road roud will build In la INN ft mId W v a 8 S McCormick Toe TI coming of 0 the Ute railroad means DWana the deelo development p pt of the country and with this thle Safe daft Lake must grow w It la is the natural center cepter and aM 4 the acL distributing point There are are aN outer other fac r factors factors tors which tend rend to make the future tare bright There T re la is plenty plent of snow ow in to the We mountain mountains and the agricultural prospect are good The TM price pricer of ot metals metal are AN Im Improving proving provine and eastern casters are areto areto beginning to recognise tIR the substantial character of mining in Utah On this point till Os out wt pur sur and aDd the dividends da selves Veil On the whole I 1 have neve sardy seem the Tutu ro a ooh I ee t fur for Salt Lake bee ems 7 I look see the site siM u In thee he rte years at ata t ta Ts ch a population of the Ot OtReal City Real estate men generally favored fa the ide idea Ide of establishing a fund fuad for advertis sag ing the city bringing in la outside capital 1 and industries I and establishing est I the tile growth crowth OB on 0 a firm basis I 1 believe bel ve that such h a 1 fund would do doa a great creat deal of good said Aid Glen Olea Miller Wiley president resident of the Home Hoe Investment Sav Savings lap lags company I say that with the ha pro proviso viso 1110 that It is III judiciously JUdi expended ett The Commercial club is to the should bould handle such a propaganda pro sad and a bureau could be established hea under r the tile general direction of Mr Harris Harri competent person to look especially after this this work work 1 I would would he be ready read y to contrib contribute ute under those tho e Conditions If It the money was w spent eat by an adver advertising expert and spent right ri t It U would bring brine millions Il Ulon of dollars in hers her n said aaM J Donnan Reavis On the other hand It would be absolutely wasted If W it t spent by bybe y n man who knew kw hta ht Such advertising acher be dens eone alone aloes systematic lines linea and should be followed up carefully It would be six months montha be lie before before fore results would begin to come In ID but bul when they did cUd tome come they would be tin inv manse mene if the work was w properly done dona donaThe The thing to do in the first place pa to M U k get out a handsomely illustrate JI boat boF on Salt Bait Lake City telling actual facts Cacti about its it resources and its ita future f Theo Then Thena Theoa a series n of articles on this Irne De to In lead leading log ing magazines shies and aDd In ne at th tM great centers of population would w at attract attract t tract wide attention The Theby suggestion that by sending the te name and address a hand build handsomely comely illustrated booklet could be se secured a cured would enable getting into to earn corre correspondence with people getting i interests an anthis ami this tJ could be followed up successfully of the tile West heat If Clark will keep this road lade pendent said Id Walter O G Tattle It it wit wil mean a wonderful thing for this t soon coun country I try tl It will mean m that t this th state win will be become come the Pennsylvania of the west Piss Thi principal trouble U is now that people Ie wit try to boost real estate too high as then ideas Idd of th future of the tb city grow Real estate prices a are art high b insect now as a rule said SKid A Rich L more ready sales sale will be bt made and prop property p perty erty arty eventually will increase in ta value The prediction tion was freely mate made yester yMer yesterday day that the city would have haft from me meto to population in ten years yearn Tata feeling leads real estate met men to te leek leak f fan r rap an sit busy time from t now on a 5