| Show I LOCAL BANKERS ON MOFFAT BONDS BONOS What They Tink Think Regarding Issue To General Public t I U Ti P S p LABOR TROUBLES SmI Ii Itee or II ii or of The Tho placing or of the bondS and stock of the Denver Northwestern and Ia cHic on the cn Tuesday esda so n as to enable time the sl 1 men to get In on the ground loor floor hn t considerable Interest through throughout out the thc country countr there have hale been several In guides In Salt Lake regarding time tho pt pro po llon there have ns as yet et been een 10 no for bonds bondi rt nt least n no through the thc Salt Lake banks Aftel IntervIewIng a number of at time the leading bankers of oC Sal Salt Inke tolay today but One ante was Ins found who asserted that lie ho would The Tho rest of the declined to be on time the sub subJect clamming as their that while the enterprise would undoubted undoubtedly ly be n a great thin for Salt Lake all and generally they timey had not luve t gated the mater matter thoroughly or worl worlIn cr crin In n a position to be quoted upon I It Most cf of those scott admitted time the pro ro lon hail oi all the tho el elen ments of a aI I but nt at the sarre list t lS as yet et there were other channels hero for tor the tho Investment nt ot of mone money that would bring bring better rates of Interest Jun n effort was also made to get soma lon ron time the prominent pron rail nol now In Snit Salt Luke have hae bad experience In tle time of From reasons however they declined to this cu curs s time the mater matter In an nay or form Corm Frank nox president ot of the Na National Jank hank of time the was tc tIc olty only banker who would talk un cit the Ibo wih any 11 lii course of n a very interesting conler conversa conversation n ton tion lie be said aI I tul fully Intend to take some rome of time the bonds of at time tho Moffat road for tor time the mattson that I believe that thul they are I a Investment I believe eleo that when th the road II is buit built that the local wi furnish the interest to sty ot of the through business 01 thin wil vili be ba handled especially when simen the tc Clark rall road Is completed lA A glance nt at the map what tiLe the Ile lute 10 do for HII LaO Iak I St Is the shortest lne lIne by fil mu that can bo be hult built through train D Den n nver ver var and In additIon I It parses through acme tomo ot of time tho heat hest country Take Ver mini nod that district fur tur In Instance tance Tim TimIs Is where time mooney t Is In eastern Utah Then TIen the opening of Iw time reset reser iii only n a matter of time nail ith th I It will com aim Immense ot of business le live stock the tho and oIlier minerals IRonle Ild I hi factors when I it comes to lt This I is only In iii utah In tim Ih lime PISEt passos S through sonic of time the best undeveloped country itt In the WI west t Coming to the tho Issue of Mr Ir nox sold said I do not understand time the Is asked or expected lo to take these bonds bond rhe flie ray ny I under understand understand stand I it Is that t time Is given the chance chanco to get In on tIme tle round hoot and m toy candid opinion b h ht t that at time the II Ia going to respond In InI ina I a manner that wil sill IJ be surprising i It 1 Is early yet to forecast what wi will lump pen but who sho COll prime time the s syndicate believe In Ing in time the bonds al all over so 80 that 11 nil classes will 1 b be represented am and inter In time the lew new road that lenns means se so much for Cor The for tor the tho bonds WIll vUi undoubtedly be e drawn froni two those who vho wi will Invest In and Colorado Olt out or of nn and tl to v that they time the road and wi help It along antI and tho ti omi of oC th the CSt eos who think time propositIon is ha a goJ Investment Time Thc road as rl yet has bias not asked for Cor anything Thorl has been no disposition holn to follow the 1101 polIcy so PO much In vogue oman among sumac some railroads h n they are entering new I m moran nn time ro re request quest of oC the citIzens to io raie 1 a helVY bonus onus or grant valuable franchises on and teed deed Ilg big pieces or of nR as an Induce for time to Ihl fote to tD their city The Maffat r rat road II is not ask log Ing something Cr or I It Is not nol noleen even een asking time people to to their bonds I It is IR givIng 1111 them thema a to subscribe If they want to ROil by this mone money wi will be reached throughout time the country that could not ha be h by any cate In the pro prospectus there thero I is a very ery liberal allowance on the mileage and ost of oC construction Ind and I fUl fully be leve hove that tIme the estimate II O rR Is a broad brand brandone I one 1 It I Is n a le legitimate en o nail on one I believe that vill lie liea helee wil Ie It a god good Investment investment rok at time the Io Silo tocks stocks or even Union Pacific Ther There was ns n a time o when they were to all intents nt and pur purposes poses worth COn h nothing Now ow the common stock Is worth more titan the preferred As s I lore I It Ume Ule 0 bonds of the road are to be 1 sold fold l at 9 O They rhey x a 4 per percent percent cent Interest at par Then ni nm n a bonus each ench burer of oC 1000 0 bond gets et pre are erred and S 0 common stock wi wIll undoubtedly PR pity good Ivl d nt samoa Fomo day and wi be ot of value on en the stock market Yes It Is a legitimate enterprise one that should 0 be helped along by the residents ot of Utah to whom the building of this real means so mitch As I Mid before I 1 shall most assuredly Jet get some Fome of those bon bonds and ond I believe that there ne are plenty of oilier r people In this state who also look on tie the In light of n a good timing Mr Ir Knox wn was then Whether h In his hlA opInion the road would Lo be built providing the re response In buit the direction or of purchasing the bonds now MW offered oL for Cor sale p dl tint not come up WI V to IU u tho at tiU oL p WI V IU u tiU expectations of at the promoter promoters of the enterprise Hs Ills answer ms 01 To sup pope popo that til the tim tion company compan which was Q recently In for the purpose of o building the lne line through h frol from Denver Demer to Salt Lake Is to take Is Its pay In stocks Sni and bonds for tor time work done Ilone rind the tho equip meat ment of oC 1111 roiling stock provided h i hard I ly probable unless Mr Ir lia mAde some Fame provision for time the ot of the securities This hos been ben done and you 01 wi tili tind that the syn yn behind the proposition is h ready to take toh the ond If tie time public falls tais to snap them up Te The same am question was put to an other prominent banker here who de dined to 10 have his nania used II lie said Id A mon man or of the caliber of DC Dave Moffat II is nt not going to r rush b IntI late latea I a bit but enl enterprise like time the buIlding or of the and Salt tAke Lake rad road with out first having for tor the wih ij of at the arne me I 1 belIeve leve that his Ida idea In givIng time the public I a chAnce 11 to subscribe for tor the hoMe s is h to get the Iet smal small holders interested in the ton 11 all or eve the countr I believe e tt that the row road I Is a go 0 ad will iU be tl bult 1 no matter what the tho public does In him time the themi mi matter Ier thc thai COI comm 11 pany I sets get Is Its rights of way n nod oth other l It wil be 1 a valuable 10 how however ever Dave Moffat Is not tIme tho mi man to take tako the money mind not lbs up to his I If the lees not buy time the necessary number of bons bonsI bonds I beleve believe that has made ni nit nr at for the disposing or of them |
