Show FINANCIAL PROSPECTS mr D E Sam samon gives an all excellent outline of or them una UTAH DE US CONSIDERS GOOD thousands of dollars loaned nere osden Q den a beautiful citi the future Proa iise back lack for this citie IW D E samson of the new now england loan and trost trust company 0 I 1 des DeaM moines omes iowa has been e e a in th the e cly city for several daye days ilia H company e pany is doing an immense amount of of business and have extended it to this part of the country during the present year A reporter of tun STANDARD seen secured e da a brief interview with mr samson yesterday afternoon aa as to th the present state of finances throughout the country utah especially and ogden still more BO so mr sampson was very consert conservative it ve in his statements particularly when the business of his company or the relative business done enog in ogden as compared with bait lake was broached he lie however was perfectly willing to fully eipl explain in all his ata statements t cements BO no tar far aa as he considered them consistent with his business brininess ma many questions were asked which would only prove a waste of space to introduce therefore his answers are given below ow in 0 one n a general statement the contents of which should be of in much to ogden As far aa as tho the stringency which has ban ex existed for some months in Is concerned 11 he said 1 I think it ig is a g good thing that we are held up some time in our car mad career take kansas cit city for instance it is a good city and nothing at present pr meent forseen can prevent it from continuing BO so and growing yearly bat but at one time it was ring going too fast and a ei halt waa was called salt lake and ogden were growing too fast and a stop was made that does not mean a collapse it means that a stop is made a breathing spell taken and a warning given not to boom too fast 10 lo in a general sense the present condition dit n of affairs or rather those of the 8 spring pring and summer was not so much the result of baring bros failure aa as their failure was the result of existing conditions if an equal weight sufficiently strong is brought to bear on the stringers of abridge the weakest Bt ringer is going to break so 80 it is here A want of c confidence fi dence or a peculiar financial tremor tre m conr ran through the commonwealths last fall it spread as a contagion the people put their money la in their stockings the baring bros weakened werk ened by their south american Amer Amerl iran rau in vestments were unable to endure the shock this feeling produced a and d they failed others felt the chock shock and the though a gh nearly as much money was I 1 teft e it in n the country counter as ever everybody 1 felt the effect of it t and refused to invest invent that brought about a financial crises everyone had caught the feeling of a want of confidence jast just as a men will like sheep follow each other in investments and boom things to high Confide confidence oce is now being restored I 1 crops in the european countries are short whereas as our crops are unusually large much touch of our grain will be ex exported ported Il higher lither prices than those at present paid are sure to be secured by the farmers for their products this thi s will bring according to some figures figure 13 at least back or nearly as much as 98 we lost during the stringency monel money will also return through european investments a vest ants in american securities which are site now certain to be made as confidence is being restored thus tar far generally speaking money is becoming much easier yet I 1 think it will be freer lor for the next thirty days than the next six months it is drawing toward the close of the year when all firms firma and especially large financial institutions are drawing in their resources and making a kind of settlement or financial showing eh this will of course continue the stringency after that I 1 think every everything will have assumed its level and NI all will work smoothly I 1 locally speaking I 1 can say tug this U utah tah securities we consider good we have loaned in ogden a little over ball half of the entire amount loaned in the territory some have been placed here and we are still willing to lend more our confidence in ogden is based upon ita its promise for the future ita its resources its tributary 0 agricultural gri cultural country its railway facilities and the advantages the town possesses interest has ban been met promptly r am P aly on our loans in this city an fn in fact there is quite a little circulation of money here more than one would suppose Og ogdena dens future I 1 consider assured I 1 it ins may y t take a ke a little time but it la is better t to e gr grow 0 w in that way than to boom it ab above aye what it can stand in relation to the real estate values in this city or salt lake I 1 think they are relatively higher than in dea des moines from my observations I 1 eay say that the values here and there are nearly alike chouch though des malnee baa has a population p of three to four times that of ogden 1 I think you have a most bountiful beautiful i city here your etyla style ot of architecture especially in recent structures Is fully as pleasing as any I 1 have seen in the east your streets are wide and airy though I 1 fear that when you come to paving you will find them expensive 1 I have been pleased with roy my visit here and feel that utah is a safe bode field of investment for our com company P I 1 one y when asked at what r rates loans would be made mr samson samoan replied when we enter a new field we observe b the current rates that ta in all I 1 care ire to say of it mr samson was very courte courteous ous and even yen communicative when on subjects that aaa did not tend to draw from him any ny statement as to any comparison between salt lake and ogden grave and gibson are local gents agents for this company and are pred prod ared r ll 11 to loan any amount on im improved proved 81 ft ity y property from these state ments it would seem t that hat money noney la is not so scarce as it has 1 been during the past few month |