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Show COMMERCIAL REPORT MONEY IS EASY AND PERFECT CONFI-DENCE CONFI-DENCE REIGNS SUPREME. Capitalists Visit the Natural Gas Well Who are Satisfied the Flow is Permanent Opening of the Popperton Place Railroad Business Brevities. Chamberlain & Co's., report say6: Trade reports from east and west continue to show a slow business in all domestic markets. The clearing house returns from fifty cities show a decrease of 7 per cent from the same week in 1S00, nor are some cities high and some low, but all proportionally alike, showing that the dullness is widspread and not local. Exports, however, have had a big boom. The October total of wheat, corn, etc., was $25,000,000.00, or trebcl of that of October, 1S30. Petroleum, however fell off $2,000,000.00, provisions $3,000,000.00' and cotton $7,000,000.00, which leaves us in total on these four leading articles about $4,000, 000.00, as cram last vear reached only about $0,000,000 00. Gold continues to flow to New York, and $2,000,000.00 was the total for last week. Railroad stocks were depressed by the European staples. Money at Berlin is very unsettled, and the English situation is far from satisfactory. The New York stock market acted rather like ahorse full of go held in check. It would start oft on the slightest provocation, but was held back by sheer force. The Natural Gas Well. A party of eastern capitalists went out to Lake Shore station yesterday to take a look at the natural gas well, and all of them returned re-turned with the most favorable impressions. While none of the party expressed himself as believing that a flow had been encountered yet which would be reasonably permanent, they all asrreed that the discovery had proven the existence of gas in that locality beyond any question. It might be necessary to sink several hundred feet deeper before a flow of gas would be found which would warrant the expenditure of iayir.g pipes toronvey it to the city, but all felt confident that should a well be 6unk deep enough there was no doubt of the result. re-sult. The well which was struck a few weeks ago was lighted for the benefit of the party, and it blazed iu the air to a height of fifty feet, and it was shown to have a pressure of more than a hundred pounds. An eight-inch w ell is being sunk at the present time which is fifty feet deep, and the expectation is to have it down 300 feet the depth of the old well within the next two weeks. The bottom of the old well is in a shale formation, but the new one will be continued until gas shall be encountered encoun-tered in the sandstone. Money Easy in the Kast. Sylvester Cunningham of Boston, who is one of the largest owners in the Knutsford hotel property, and who has been in the city for several days, says he does not remember the time in years when the eastern centers were so easy in money matters. Confidence in investments which received such a fchock a year ao by reason of the Baring Brothers failure, has entirely recovered and capital is again desirous to make investments. The flurry over the Maverick bank failure was of short duration and nothing could be a better thermometer ther-mometer than that of the security which prevails. When asked if nc thought some of that money could be induced to embark in western enterprises, Mr. Cunningham said he did not think it could be until spring, but by that time he thought a good business proposition would receive favorable consideration no matter where it came from. Popperton Place Street Railroad. The first car of the Popperton Place fe Fort Douglas Rapic Transit Street Railroad company left the corner of Second South and Main streets this morning. The route was on Second South to State and north on that street through Eagle gate, over the Rapid Transit road to T street, where the Popperton Place road begins. The new road will be opened for traffic within the next week. It will be superbly equipped in every respect and will follow a route which will give the most beautiful view of lake and valley imagi nable. Manufacturers Respond. Secretary Meloy of the chamber of commerce com-merce is receiving a number of responses from manufacturers to the invitation of Fred Simon to send in a list of their manufactures man-ufactures so that merchants with whom the chamber is in correspondence could he informed in-formed of the class of roods which can be purchased from home dealers. A Popperton Sale. Hon. Aaron Heims of Aspen, Colorado, closed a deal today, through Messrs. Colborn o Skinner, for three lots in Popperton Place. The price paid was $2000. Mr. Heims will, at once have plans made for an expensive modern residence. Business Brevities. ' There is nearly 20,000 tons of coal 6tored in the different coal companies yards. The past week has been the best one of the fall season for the dry goods and clothing cloth-ing men. No news has been received with more gratification in business circles than that of the opening of union 6tock yards in this city. Will Lett is still looking for store rooms for Garson, Kerngood it Co. of Denver. Wantland has a scheme for building the Deep Creek road which is for the owners of property between the city and the lake to donate one fifth of their holdings to the enterprise. en-terprise. . s |