The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-08-05
BUSINESS AND TRADE.

BUSINESS AND TRADE.
II one wishes 10 see busy city, all he
has to do Is to come TO Salt Lake. go
about the streots, enter into the busi-
ness houses, note the bank clearances,
500 the Industrial situation where every
one desiring work gets immediate em-
ployment and good wages. and where
public improvements are being pushed at
a rate never before known In the noun
tain country.
The business statistics printed In The
Tribune yesterday morning from COM
pilations made by the State Board OF
Statistics show q gratifying increase In
the number OF business establishments
and In the quantity Of business done.
This is fairly supplemented and gauged
by the large increase IN the assessment
rolls OF the city, county, and State. The
States valuation this year is Sl46, Eli III.
The assessment Of tho oity Is almost S42.-
100000. OF the county It is s64 900, 900.
These arc substantial increases all along
the line. The assessment of tho State
last year was S1S9, ,4s6,4S7; of tho county.
S51, ,114,917.
The move for intorurban connections
Is taking on excellent form this year,
and includes a revival Of the PROPOSE
tion for the through line from Payson
to Brigham City. taking In on the route
all OF the main settlements, including
Provo, Lehi. Salt Lake, and Ogden. The
interurban line to Bingham Is still In
view. and line TO Garfield is projected.
In the railroad line, everything is
pushing along as satisfactorily as could
be desired. Tho Western Pacific Is track
laying west OF the city. and is pushing
through to connection with the Nevada
Northern at as early period as the la
Dor 1t can employ will be able to Join
the tracks. When that connection Is
made. an almost direct limo to the great
camps OF Ely, Cherry Creek, and that
rich mineral neighborhood Will be in op-
Grafton, and this limo will be the key 10
unlock the vast riches so far chained up
there and make them available for COM
mercial use. Salt Lakers have taken a
very prominent position In the develop
ment Of that mining region, and ulti-
mately this will add immeasurably to
their profit, as well as being a very
strong stop In the development OF this
whole region
The mines OF this State are producing
enormously and on an increasing scale
With the completion of the now reduc-
ton works at Garfield, on the west side
OF tho valley, the mining output of the
State will be materially increased. It
now amounts to over $50 o,ooo.o a year,
and Is one OF the nations great resources
IN new and permanent wealth. Utah's
mines stand high in the investment world
because Of their richness, the perma-
nence OF their veins, the great and con-
venient facilities for reducing the ores,
and tho conservative management which
applies every source Of wealth to its
best results,
Agrioulturally, the season Is certain
M ha heo
this mountain country. The grain crops
are unusually largo and the quality is
excellent The sugar-beet crop is not
as large In acreage as IN some former
years-but more than makes UP for this
In the quality Of the beets and In the
largeness Of yield per acre, The range,
also Is excellent, by reason Of the great
spring rains and all the range animals
are In an unusually fne condition.
In this city, business Is at food tide
for the season. collections are easy, and
all enterprises find ample money to
back them. The money accumulations
here are very large and yet there is
ample employment for all the money
available In the tremendous volume OF
tho enterprises under way and IN con-
and In tho magnitude of
the operations involved, The Govern
mont Is engaged In spending 81. 000. .O00
berry reclamation project. LARGE amounts
OF money are being spent for improving
the water supply of this city, IN paving.
and sewering, md sidewalking, md In re-
pairs. The building operations In this
city are limited only by the scarcity of
building material, especially brick, the
orders for brick having completely over
topped the capacity Of the brick D roduo-
Ing YARDS, but the brick makers now
hA,
Will be able soon to Ill all orders
promptly,
The realty market In this oity IA
strong, and good sales are constantly
reported, This !s certainly a season of
Improvement, OF advancing values. and of
tremendous business energy and proat.
In the country at large the bumper
,rops make everything boom; unprcce-
Tented activity Is shown In the iron and
'teel market; the product of pig iron
or the present year will certainly reach
he unprecedented total for this country
,t 2oOO0,O0O tons II is not likely that
Germany and Great Britain combined will
produce anywhere near as much as this.
In all lines OF business, OF industry
If transportation. this country Is recog-
llzed everywhere to be In the advance
u the world. The London Statist, for
Instance. commenting upon the business
ituation In America, expresses this on
imistio view:
I'VE calculate that America needs an
1cess OF exports over imports OF about
400, 900 per annum to cover it's oblI-
'ations to Europe for interest, insurance
payments, tourist outlays and other out
'oings, and We calculate that any balance
ver S@00.000.000 of exports over Imports
epresents capital Investments. 1t should |
10 specially neted that IA tho past -yssy