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Show 7 ; v Tin1-. ii:i:p i:ki:k no vV For several daj a rumor has Veen in ipiiet circulation that an adrsiYe has been matle in the Deep Creek roa)l project pro-ject that was of tho greatest importance. impor-tance. It linully resolred itself Into the assertion that two-thirds of the I... nils had been tnkon iu London. This has caused a fooling of confidence more marked than anything that has been observed in Salt Laka for a long I time; ami the best of it is Ihjtt there is ; very good ground for the report that has gono forth. The parties interested in tho enterprise enter-prise had permitted tfm impression to b'i epread that they had dropped the project. Mr. Bacon and lls-associatei, ! knowing that financial ll-rangcmentH were uncertain in the nncttleit oudi-i oudi-i Hon of tho money market, choso to per- mit this iii press, on to take hold of the ' public mind rather than to holdout hope which might not be realized. Tiik Timkh, however, knows that the I project never has been drnpped. Tho j parties in interest have been using their utmost endeavors to tarry it through and thcro is no d ibt that they I now feci encouraged to believe that they will succeed. They decline to talk about the matter for the reason, as nearly as can be gained, that their ow n information is too meagre to bate any statement upon. Current runjor has it that a cablegram was received during the past week that the bonds would bo taken. It is asserted that similar news ha3 reached another banking bank-ing house in tho city, but thiss denied by thoso lii authority. 1 While it may h premature .to state that the building of tho road is fiesured, Tiik Tivks feels warranted in drawiug the conclusion that the situation is of j tho most hopeful character. Instead of j havir.g bueu dropped, as popularly believed, be-lieved, '.hp project is being pi'ijid and j is in a fuiror way to go through than at i any time in mouths past. There is no rensin why it should lose ground, as the money market is daily caii.ing strength and the general conditions of business are such as to encourage investment. in-vestment. If tiio bondB have actually been subscribed for. the scheme may be regarded us a go; while if the uf-gotio-tiations havo only progressed :o tho point of leading the agents to fed con-tidout con-tidout that tho subscription will bo made, we may feci assured that there is nothing in the situation likely to upset or retard the work. i |