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Show THE SUPREME BULGE. Tliat s What Salt l ake Poee Through Natural i.as. "Salt Lake's natural gas strike will prove a great boon if not taken advantage of or abused. Let the city po slow in granting franchises, as it is not business to grant to any one company favor rights calculated to exclude others. The agencies calculated to make Zion a great manufacturing center should he handled with discretion." The above is clipped from Colonel Dave Day's .So'. ,Mnn published at Ouray, Colorado. Tonight the franchise of the American Natural Gas company will be called up in the city council and it is possible that a franchise which equally protect the city and its Inhabitants Inhabi-tants and also extends wide liberality to the company, will he granted. The American Natural gas company are busily engaged in drilling the big ten inch well at Lake Shore, and expect to obtain as much gas at least as it has secured from the. big spouter. Mr. J. F. Woodman, the president of the company, is in the east in the interest of the company, aud has con-trscted con-trscted for a sufficient supply of mainage and all of the latest improved machinery used In drilling for gas and oil. 11. L. Driver, treasurer of the company, has offered tax sale 8(1,000 abate of tli" company's com-pany's stock at SO cents per there, and it is all spoken for. This amount is all that will bo sold, and the money derived frym this sale is to he. expended in the sinking of other pas wells on the property of the American company. Eastern expert who arc already here are not saying much, hut are engaged in pur-chasing pur-chasing and lea-ing ga- lauds and it will not be long until derricks are hoisted all about this vicinity, and numerous gas drills are at work boring '.he earth for nature's fuel. Major R. M. Kennedy and H. W. Watson have secured by purchase or lease the title to a ereat ouantitv of lands. Thev will couiinenee operations in a short, time. Both of these gentlemen are of the opinion that the deposit of natural Lras is practieally inexhaustible. They will drill several well near Salt. Cake and at other points. They are of the opinion that the i;as belt extends from a point north of Ogden to a point some distance- south of Salt Lake, and they arc prepared to indorse their opinion by putting down gas wells. These gentlemen Will re turn to Denver tonight, but will be hack In Sail Lake and at work in a fortnight Messrs. Katrlck, Benson and Whlttemore have about completed the detail of their corporation, known as the Salt Lake lias company, and will commence operations at once. They have lands under lease, and machinery of the latest improved pattern on the ground. Th capital OI their concern is placed at 1350,0011 The Citizens lias company will Hgin operations within a few days. The officers and directors are all gentlemen of prominence promi-nence in the community and their names are a tower of strength to the new company. Two rif tin; I, est known New York capital, isls are en route to Salt Lake and will reach here In a few days. Their visit is to inspect the wells and cs fields of the American Natural ft company. Officials of this company are considering the advisability of amending their application applica-tion for a franchise so as to include an 11-luniiiiatiiiir 11-luniiiiatiiiir privilege. They claim to he alile to reduce ga hills several hundred per cent. - |