OCR Text |
Show Easterners Looking Toward Utah. Utah as a State in which profitable investments may be made is going to the front by giant strides. According to Mr. John J. Judson, who has just returned re-turned from New York, capitalists of that city are intensely interested in'Utah and the work of development de-velopment which is now under way in this State. Especially are the Easterners making inquiries with regard to the plans of the promoters of the Clark and Moffat railroads. In fact, any news of a business busi-ness nature from Utah interests Gotham men of affairs af-fairs who have money to invest. Every indication points to the fact that Easterners are at last aroused to the importance of Utah's future, and that they purpose to make heavy investments. With the Clark and Moffat roads completed and our irrigation irri-gation plans in operation, Utah .will face what promises prom-ises to be its greatest era of progress. The new railroads will open rich sections of country, .which must obtain their supplies from this city. Salt Lake therefore will be the great distributing point for this splendid mineral and agricultural country. Easterners are already aroused to the possibilities the situation affords and will dump their money into in-to Utah enterprises. The Telegram has mentioned the fact that a syndicate of Englishmen plans tojes-tablish tojes-tablish woolen mills in the State, and now a bigMn-surance bigMn-surance company which will have its offices in Salt Lake is being organized. Business conditions are unusually encouraging, and unless something unforeseen un-foreseen occurs Utah will make remarkable progress in the next two years. It is evident that these shrewd Eastern capitalists believe that a splendid future for the State is assured. |