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Show of bonds to build 1500 miles of rosd in New Mexico, which it eventually to become be-come a part of the great system which is to link tho City of Mexico with the Northern Pacific railroad, and of which Salt Lake is to bo the center and pivotal piv-otal point; this project is one to which Mr. Voting has given much thought and to which he has subordinated in importance impor-tance every other enterprise. t is a gigantic scheme, worthy tho brain of a king of finance, and one the consummation consum-mation of which would be of Tast and Incalculable importance not only to this city bui the entire country. THEY 1LUANT IT. All the Members of the Beal Estate Exchange Ex-change Express Themselves in Favor of Granting Bacon's Petition, PE0SPE0T8 fOE A HEW BEACH. In Anticipation of the New Road, Property Prop-erty West of the Jordan is in Better Demand. There was a good attendance at tho meeting of the real estate exchange this morning nnd the members had shaken themselves together with a firm determination to do business. All reported a better feeling in tho realty market and increased inquiry for property; prop-erty; both with a view to purchase, for speculation and immediate improvement. improve-ment. Nearly every one bad received a score of letters of inquiry and requests re-quests for information concerning opportunities, op-portunities, immediate and future prospects, pros-pects, etc. Tho principlo theino of discussion among the dealers was the proposition and petition of Mr. Bacon to the city council in reference to tho purchase of Pioneer square for depot purposes in consideration of the building by himself him-self and associates of tho Deep creek railroad. Thero was more than a unani.uous feeling in favor of the couucil granting tho petition; it was eniphatio and pronounced, all concur-ing concur-ing in tho opinion, that the council would make a very grave mistake mis-take and would fail to voice the wishes and sentiments of the people the tax payers, if they did not grant it. One member remarked that he could deliver a piece of acreage as close in as the square for less money than liacon offered. All woro united in expressing themselves that the price offered was liberal iu the extreme. The legality of tho question, as to whether the city had the right to make a deed of the propet-y for tho purposes intended was then discussed, all agreeing that the city had purchased pur-chased it some years ago, real ly as a speculation, and as it had never been dedicated for park purposes tho city had the unquestioned right to make the transfer. This decision deci-sion was concurred in so universally by men who were emphatic iu their opinions and that they knew more about law than "old Macksione," that that question may bo considered as settled. No offers or wants were booked with the exception of one request for loan of $2000. Several of the members reported an increased in-creased inquiry for lots aud acreage west of the Jordan and on the line of tne new road iu anticipation that it would be built. And Tills le leather (lood News, Too, It is authoritatively asserted in exclusive ex-clusive financial circles, and was so stated to the reporter, that John W. Young had positively secured the necessary nec-essary funds to go on with his long contemplated con-templated road connecting this city with Antelope Island. It is well known that the grade between the city and the lake is almost ready for the rails at this time, and engineers assert that tbe piling pil-ing on which the rails from the shore to the island are to be laid, presents pre-sents no difficulties which cannot be readily overcome. This part the work, however, has never been considered con-sidered as interfering with the success of the project. Midland Investment Company, The Midland Investment company of West Second South street is platting and will as soon as completed and streets are graded place on the market at0 acres within the city limits on the north sido. The property will be sold in five and ten acre lots aud make line sites for suburban residences. The company will drill for natural gas in this prop'erty, That gas is there was demonstrated some time sinco sinking a well. The matter will be thorougly investigated and if struck in sullicieut quantities will be used to light up that portion of the city. A New Ilench and Grand Hotel. It has long been a cherished wish and scheme of Mr. Young to establish a new beach, build a splendid hotel and make a popular and fashionable resort on the island, for which purpose it possesses very desirable requirements, as there is said to be an unrivalled bathing beach there and a beautiful site for a resort. The ride across tbe lake, with tho delicious de-licious and invigorating breezes putting tone and vigor iuto the system, would be a delightful recreation and would make the place popular at once. A Movement Toward Warm Springs, J. C. Lett & Son had a customer who was desirous of securing a large lot in tho vicinity of the Warm Springs if something suitable could be found. A Bundle uf Propaganda. Johnson & Brooks showed the reporter re-porter a stack of half a hundred letters and circulars which they wero mailing to prospective and inquiring purchasers for Salt Lake property. Kal Estate Transfers, Alfred L. Otwoodand wife to Ixaac C Knott, bloc is, Axbury jiai k adult. on $ 1 Jolm K Smith and wife to George H . Cook, lot, block 1, View city addition addi-tion 300 Edwin Gilmau to Elroy Scliuler, part of the HiKilaml Cmcf mii.e 6J0 JC 'l'houipMm to John M Thompson liart of ;ot U, block 61, plat C fOX) Charles D Smith et ux, to W J liato- nem. of lot s, bio 'k 57, pl.it H 10O0 W J llHtenuuto Mary D SuuUi, part of lots, block 37. j.iat, B 1000 Hyrum 1 Smith 1 1 Mury D Smith, part of lot S, block 67, plat B 1 Elvira McElroy to John A GroesbecH, part of lot D. block 19, plat A ftOCO John A Groeslieck and wile to Hyrum (iroeabeck, part of blocks, five-acre plat M 1 Hvrum Grosbeck et al to Carlton VV QVeati h et al, part of block 5, live acre pint a ' 15,000 John P Cook et tix to Gorire Naylor, i lot '4, block 17, five-acre plat A, Big Field (survey 1 rhllco Leon Holland ot al to Jasper H Vail, lots U6 and 27, block 1, LaV'eta Pla.-e 800 J M Netsou et al to J S llignihiim, lots 11. la. I.I. II, ami IS, block 3, Silver Lki Driving park 800 ChriMien Johnson and wife to Joacph lliersenger, part of sectiou 34, township town-ship $!, outh of range IE 100 George Cannon and wife to Thomas Hlcsinger, lots 5 aud 6, block 7.i'orest Dale..". 300 Georee M Cannon und wife to Marv M K Drlirgs. lota 10 and 11, block ll.t'or- est Dai tOO Edwin W Senior and wile to Karl J lireeTiwiill, lot4S. block iM, plat A.Uar- deuuty 100 Charles B Goiirlay to Frank W Hoss, part of lot 7. block 4. pUit B l Elizabeth Hooper Dunbar to Annie Hooper Came, part ot lot 4, block itl, pint B , 1 Total I sa.Wi- This as a Side Kumorv The same informant gave the further intelligence that he had heard a rumor to the -effect that John W. Young bad placed a sufficient amount |