The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-08-12
BUSINESS AND TRADE.


the west side OF the valley, Is an event
In tho progress OF mining in this State.
Tho fires were lighted for tho lrst time
during the past week 1t Will not be long
now until the big plant Is in operation,
and the hugo tonnage from Bingham will.
by the high line railroad, be dumped
where gravity VIII put 1t where 1t will
do the most good. Other plants there
will follow along In duo course. until
Garfield Will bo one OF the most mag
niflcent centers OF ore reduction In tho
world, 1t may be added that tho older
plants In the main valley tnoue OF them.
however, at all old, but all modern and
up-to -dato) are doing excellent work In
handling the huge tonnage OF ores which
comes from Utah's mines. The ore pro-
ductiou Of the State Will receive an i'm
portant accession from the calls made
by the new works at Garfield. The smelt-
ers In the main valley will continue their
thorough work as usual, and the mines
are so we'll developed and the ore bodies
SO extensively opened, that there is no
question whatever but that the supply
Will be ample for all purposes for an In
definite time In the future.
In the meantime, by reason OF the
opening up Of the West country through
the construction OF the Western Pacific
and the Nevada Northern, Salt Lakers
are taking an important hand in the de-
velopment OF Ely mining district, In
eastern Nevada. There can be no ques-
ton but that in and about Ely there Will
arise mining center of productive activ-
ity which will be q close rival to Butte
and Anaconda, ic indeed it does not e1-
ceed the product Of those great camps
The commercial hand OF Salt Lakers In
the development OF that region is already
abundantly manifest, and 1t will be per-
haps the most important single factor OF
any in the opening and development Of
that mining region. Salt Lake City WILL
OF course, be the center Of supply for all
purposes. From here will come the food
the forage, the machinery, and here will
be marketed the ore and the bullion
shipped. The opening of that great and
rich country will be an immediate and
powerful stimulus to the business and
wealth of Salt Lake City
The Western Pacific railroad is now hn-
ished more than fourteen miles into
Tooele county, and track-laying is being
pushed as rapidly as men can be had to
do the work, Grading is finished almost,
II not entirely, to the State line, and
early In the fall. no doubt, connection
VIII be made by this road with the Ne
vada Northern. which early In septem-
Der will reach Ely. The two roads will
form an easy communication between the
great mines Of that region and this city,
and each will work to the others ad-
vantage.
The agricultural operations of the sea-
son throughout the State are certain to
show results In value above those of any
former year, The crops are abundant In
quantity and nrst-class in quality. Water
has been ample throughout the season
for all irrigation purposes, and every
form of crop, from root crops to fruit, is
showing the very best of results. The
grain yield Is heavy, and will probably be-
better than ever known before in this
State, at prices that pay extremely we'll
for the work done and interest on the
land upon which the grain is raised. The
sugar beet crop. though not as large In
acreage as In some former years, is bet
ter in development and in Its saccharine
quality than ever before, The sugar fac
tories will certainly have an unpre-
cedented run on tho fine beets that will
be offered.
Business In this city is active and
strong. The collections are good; money
is abundant for all legitimate purposes.
and to spare; the bank clearances are
above those Of the same period last year,
and have averaged high above for the
whole of the present year. The real
estate market Is optimistic, sales are
good. prices we'll held and realized upon.
There is constant succession OF good
sales and occasionally a very large one,
Every one realizes that Investment I'm
Salt Lake realty is not only safe, but is
absolutely certain to prove a good invest |
ment. The building operations of the
city are In full activity, as much so as |
ING hlen prices OF material and labor will |
admit. The restriction of activity wher
ever there is restriction is for scarcity
and high price In these.
In the country at large business is at
the very highest possible hood. The Gov
ernment crop report. just published
demonstrates that the grain yield Will
be well up to, IL 1t does not surpass. the
record year, with quality everywhere un-
surpassed Fall trade has opened strong
ly. industry Is employed to a greater ex-
tent than ever before known. and there
are fewer industrial disturbances. Labor
Is scarce everywhere, and in uctive do
mand. Jobbing and wholesaling ara
noted as especially active Railway
earnings in July were IL per cent larger
than In July. 1905, Foreign commerce
n New York for the week shows a gain
IF 81 222 o0A In