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Show uu COUNTY IS OFFERED LOW INTEREST CASH Salt Lake, Sept 4. Raymond C. Naylor, cojmty treasurer, Informed the county commission yesterday that the firm of Eyer & Co of New York had offered to purchase county promissory prom-issory notes at 4.5 per cent interest, as against 6 per cent charged by the local banks. The offer will be given serious consideration before the next batch of notes is issued. Since the first of the present year the county has been forced to meet overdrafts at the bank with promissory promis-sory notes bearing 6 per cent interest and payable December 31, after the taxes come In. ' The only other alternative alter-native was to have county warrants discounted at the banks. Another Issue of $40,000 worth of notes will be made during September. Tho New York company offers to take the entire issue at 4.5 per cent and indicates Its willingness to handle han-dle all tho notes Issued next year. |