The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-10-07
BUSINESS AND TRADE,

BUSINESS AND TRADE,
The building activity in this city is
the subject of warm congratulatlon on
every hand. New dwelling houses are
being constructed in all parts of the
citv. tho realty owners being apparent
ly anxious to realize on the benefits
of the large public improvements now
being put in. Street paving, sidewalk
building, sewer laying, the extension
of the city. Such mass OF building
and public Improvements going on to.
gether is entirely unparalleled In the
history of Salt Lake. The large busi-
ness blocks being put up in the center
of town are fine additions to the busi-
ness capacities OF the different streets.
The activity in this business construc-
tion Of American party men is so mani
fest as to attract admiration on every
hand. One of the inconsistent features
of all this building activity is that the
persons who never make any improve.
ments themselves, but sit around and
grumble at what others do, are loud,
tervent, continuous, and insistent in
their claims that the American party
men who are doing so much TO build up
and adorn the city are ''knockers. "
Those who raise this cry against these
American party men, however, never
do anything themselves to help the city,
either by building or in any other ca
pacity whatever. That is to saw, the
drones in the hive sit around and cry
out against those who are active in
furthering the public interests, and
merely because these active members
of the community do not come into the
same political ways of thinking as the
drones, the drones denounce them as
hostile TO the progress of the town. 1t
is reversal of all the usual processes
in American cities; but Utah is re-
versal of American conditions gener-
ally, and so we need not be surprised
to find this sort Of reversal in this
particular case.
The bank clearances OF the city show
a gain OF l7.5 per cent the past week
over the corresponding week of 1905
truly handsome gain. Trade is strong
and active, and collections are good.
Never did Salt Lake City have such a
period of prosperity as it has had the
past nine months since the incoming
of the American administration. The
realty market is good, with prices
strongly held, and good sales reported
from time to time.
The smelter city of Garfield on the
on municipal form. The next thing
that we may expect TO hear from it is
an application for city organization.
The extensive smelling and ore reduc-
ing plants that are being put in there
will be important additions to the facil-
tiles for handling ores in this region.
This valley is getting TO be known all
over the mountain country as the best
smelling center; the one that will the
not Il II. l. Ill L.. l..
OF ores. Consequently ores are shipped
here from all about, and they arc
handled to the satisfaction of the ship
pers for everything that there is in
them The mining product of the State
Will this year reach considerably over
S30,000,000, and with the full open
ing Of the reduction works at Garfield
the additions will come very near plac-
ing Utah at the head of the metal
producing States.
The railroad situation remains in ey.
cellent form. The Western Pacific is
being pushed westward with all energy
and dispatch. The California line is
also being pushed with extraordinary
energy in the Feather River CANYON
and the Beckwith Pass. Every indica-
ton bears out the announcement made
in New York on the recent sales of
Western Pacific bonds that this com.
pany would within two years have COM
pleted the railroad Joining Salt Lake
fourth line or transportation to the
coast and the junction here of these
four lines OF coast trackage will be
certain to attract TO this place the
lines of all the great companies that
are doing transcontinental business;
so that we may expect before mauy
years to see the incoming of the Bur.
= 49,, IL II. q -
the Chicago. Milwaukee & st. Paul, and
the Rock Island,
1t is an excellent year in the State
agriculturally; the farmers are more
prosperous than ever before. There
has been pleanty of rain and crops are
great, with the single exception OF iu-
cernc, Which was damaged in the cen
tral and southern parts of the State
by the cold weather aud heavy rainfall
generally diffused throughout the State
in the hands of the farmers, and never
was there such uniformly high prices
for the products of the farm and the
In the country at largo there is even
an acceleration of the tremendous and
record breaking business which the year
has. shown all through the winter,
spring, and summer. The storms which
destroyed considerable cotton in the
South have caused great rise in the
price Of that staple. Autumn trade is
very great, and transportation unprec-
active. The railroad earnings
for September show a gain over last |
YEARS. figures of 90 per cent. The |
crop Yields are found on marketing to |
be fully up to expectations, grain being |
fully up 20 the best standard. Silver |
remains steady at n higher price than
for many years before. and the week !