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Show i' NATURAL (IAS 1.0031S. ACTIVE PREPARATIONS BE1NC MADE TO DEVELOP THE FIELDS. "Eastern Capitalist and Kxperls Arrive Dully to Investigate the Find- Several Companies Heln Formed Cltl.ena (a Company la Very l'opular, K , Great activity Is manifested on all aides looking to the, development of the natural (gas deposits. Already a number of eastern capitalists and experts aro in the. city, and many more havo announced their intention of visiting Salt Lake after the holidays. Business men throughout the city are keenly alive to tho Importance of the matter and the many advantages ' reaped from a proper and speedy development of the natural gas supply. The movement Inaugurated by Ihe meeting of citizens out of which grew the Citizen' lias company has proven oue of great popularity and the subscription committee are meeting with great encouragement. Nearly every one approached lakes stock in the new or-ganlzation or-ganlzation and in less than an hour yesterday yester-day on one block C. K. Wantliind and another an-other geutlemau secured subscriptions aggregating ag-gregating several thousand shares. It is the desire of tho committee having the. matter In charge to encourage small subscriptions as it is desirous of having all classes of citizens become shareholders in the concern. It Is not tho intention that it shall be monopolized bv capitalists, and the greater number of individual stockholders that aro secured the more satisfactory will it be to the promoters of tint new company, who desire that it shall lie in every sense a c itizens company. '1 his company will hold a meeting at the. Knutsford tomorrow night. Several gentlemen, men of large means, residents of this city, and a few non-resi-dents, are carefully i'uvestigatiag the subject and have associated with them experts of acknowledged ability whose reports aro highly enthusiastic. Within u few days they will urganize and put machinery at work. Two other companies have nearly com. jileted the details of their organization and it is safe to prophesy that in less than a month numerous derricks will be seen all over tho vicinity industriously cm. ployed in drilling gui wells. The American Amer-ican Natural Clas company Is not resting and work on lis new big well bo prosecuted rapidly, and Manager 8cb.ttii.dtt is willing to wager that it will tap u big supply of natural gas. Several well know n gas men from tho eastern fields visited the gas wells at Lake Shore this afternoon to look over the ground and see for themselves ' the condition of things. The following is extracted from a letter received today by (leo. 1'. I'cnhale from James J. Grogan of I'ittsburgh, l'a. "I have recently visted all the i,a:ero cities and have just returned to Pittsburg. 1 heard talk shout Suit Lake's natural gas at San Francisco. Oraaha and Chicago. In Sail Franelneo they said . it was the genuine article, but at Omaha they said it wai1 boeev by the way the fellow that talks about boa gas with l&o pound pressure n u temler- 1 foot anil doesn't know what he is talking about. ' At t lib -ago I met a gentleman that had seen the Salt Lake well and there Is no doubt In bis mind but w hat the ell i on the belt. If the supply continues, Salt l.nku will bo tha largest city in the west. Manufacturer usinircoul connot coni-' coni-' Jiete with tho.-o using natural gi;s fur fuel.'' |