Show ding Financiers Vie in n Bids ids for Utah Securities a STATES STATE'S TAJ f FUTURE T R r MI IN I IS BELkE Of BONO Drainage Issue of I Sought by 8 Companies of of East and West 2000 I Acres to Be Drained A ATTESTING A the high standard standard standard stand- stand ard of Utah's Utah 8 industrial barometer and the general soundness soundness sound sound- ness of the states state's business sound sound-I future future future fu fu- fu- fu ture bonding companies of both the East and ard West are active bidders bidders bid bid- I ders for tor Utah securities This is is' is i evidenced by the fact tact that eight big companies are in Salt Lake today to bid through their representatives on ona ona ona I a drainage bond issue for tor drainage district No I of ot Da s I count county according to R. R A. A H Hart rt su supervising supervising su- su engineer for government drainage work in the Western estern states I DRAINAGE PLANNED The bonds are being sold to drain 2000 acres of waterlogged land In the vicinity of ot Woods Cross ss north of Salt Lake and will add valuable truck garden and hay land to the environs of ot this city With the selling of the bonds today bids on the the contract for forthe forthe forthe the work will will immediately be advertised advertised advertised adver adver- for in the hope that the work can be completed this year J I According to Mr Hart this Is Js one of the largest gatherings of ot bond bond- bidders that has been held in Utah notwithstanding the amount of ot bond I the proposed issue is comparatively small BIDDERS NAMED I Whitaker Co of ot St. St Louis Am Is Hanchett hanchett Han Han- chett Bond company of ot Chicago uan-I uan Wright Swan Co and Sweet Causey Causey Causey Cau Cau- sey Foster of ot Denver Freeman I 1 Swift Camp of ot San Francisco John j I Price of ot Palmer E. E company Seattle Palmer I Bond and Mortgage company and Bankers Trust company of ot Salt Lake are among the bidders Most 1 of ot the I companies have been bidders heretofore heretofore heretofore hereto hereto- fore but there are some new ones testifying to the fact that Utah drainage drainage drain drain- age bonds are considered among the giltedge securities of ot the prevailing I bond market |