The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-07-29
BUSINESS AND TRADE.

This city continues TO show the graft
flying activity and industrial progress
that have been manifest during the pres
ent season An army OF worEmen Is in
tho streets. paving. sewering. sidewalk
Ing and otherwlse bettering the public
thoroughfares, adorning the city and add
ing to It's sanitary advantages. Never
before did the city take such pronounced
| steps In progress toward fulfilling It's
destiny as tho great city of the mountain
| regions. General business is excellent;
| collections are good, money Is plenty;
| the demand for labor was never so great
| as now, and no man or woman wanting
| work needs TO lack Il. Railroad work.
building operations. public improvements.
| all are short of labor TO do or to get
on with the work In hand they would
| like. Even In the households Of the city
help IL not procurable wanted. and
| mnny OF the women in tho homes OF this
city who are accustomed TO hire help"
are now doing their own work, because
| of the scarcity OF household helpers.
| Tho Western Pacific railroad track Ia
laid for nearly twenty miles west OF this
| city, and Will be pushed forward rap
| Idly as tracklayers can be had to ad-
vance II. The Nevada Northern road TO
Ely from the old Southern Pacific line
| at Toana will be completed In about a
| very much longer than that before tho
| Western Pacific track Will be laid to the
Northern NeVadas track. and when It is.
direct communication with Ely by rail
Will have been established. The develop-
| meut of that camp, In which Salt Lake
| people have such an overwhelming inter-
! est, promises to be one Of the great ac-
| tiyities and sources OF production IN this
whole Western country. Not many years
will be required to make Of Ely. Cherry
OF mining activity that Will not be second
| TO even Butte and Anaconda.
| From oil parts of this State come ac-
| counts OF record crops. Grain is better
in quality and far greater in quantity
| than any average year. The Tribune
| hears Of one man In Cache county who
| has six hundred acres OF dry bench"
wheat which will yield forty bushels to
the acre. This has. In fact been an un-
usually favorable year for dry farming.
| The spring was late and cool, with an
abundant fall OF rain. AT the same time
! the farms that required irrigation have
a water supply far above that which is
usual. The ranges also are in excellent
| form, so that the sheep and the cattle
are thriving almost beyond precedent.
The real estate market in this city is
strong, with good sales reported right
! along. The fact is everywhere conceded
that investment In real estate In this
| city is as safe as money In the bank.
| Salt Lake Is bound to be one OF the great
cities OF the country, and realty here
| must without question advance far be-
| yond It's present prices, and correspond
/ 10 the high rates OF realty elsewhere.
Building operations here are exceed
| ingly active, and they bid fair TO con-
| tinue late Ia the season. These cover
all forms OF structures, from the large
office and business block TO the preten-
| tious dwelling and the modest cottage.
al ha irpa ,a
| higher than usual. and II costs more than
ever before to build here. The activity In
| building. therefore, is the strongest pos
sible proof OF the urgency with which the
new structures are demanded. The old
dwellings continue occupied also while
the new are In demand even before their
| completion, all OF which proves that the
city is growing rapidly in population, as
the financial and mining reports show it
TO be growing in wealth and commercial
Importance.
The mines OF the State continue their
rich output: the returns assuring that
the valuation OF their product this year
Will be well over $40 900. The mines
are worked conservatively aud the orc
bodies are deep and lasting. which facte
give Utah mines the highest standing In
financial and investing circles The
smelters OF the valley are taking care
of this ore In frst-class style, aud the |
great reduction plants at Garfield on |
the west of the valley. Will materially
add 10 the smelling capacity here SO
that we shall be able to take care NOT
only OF the product Of Utah's mines, but
OF ores from Nevada or anywhere else |
that there may be occasion This is AL |
ready one of the great smelling centers
Of the world. and its Importance is daily |
increasing,
In the country at large, trade, industry
and crop reports are uniformly favorable, |
The pessimistlc reports that came earlv |
In the season from the crop centers are !
heard no longer, and II Is conceded now |
on all hands that all the main crops will |
show yield well up to the very highest |
record. Cattle aud hogs In the Chicago !
market are at the highest price OF the
year. showing that the sensational as
sauts upon the meatspacklng industry
had no lasting effect.
The half-year compilations of the husI-
ness operations OF the first six months
OF The present year establish the fact
that the first half OF 1906 was the most
prosperous six months period in the Ma
tons history and II Is fully expected
that the second half-year will also be
a record maker that will eclipse the rec.
ord of the first half-year.
Building operations are heavy all over
the country. and would be even ereater
II the cost of labor and materials had
not so strongly advanced as TO cause the
abandonment OF number OF building
plans. Railroad earnings in july thus
tar are 30 per cent above those of the
corresponding period last year Forelgn
commerce In New York shows a gain for
the week Of s21l0.472 in exports and
81 l,bss61s In Imports. Business failures
OF the week average about as last year.
operators on Wall street are gaining
commence with the success shown IN
holding down the Wild speculative eIe-
ment, and the public is taking large
quantities OF good investment stocks. TSa
upward tendency continues, and every
pusihess INDICATION proves The Rtrenrth |