The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-05-12
BUSINESS AND TRADE.

strike at the American Smelling and
Refining company's plant at Murray,
About n thousand men, largely COM
posed Of Greeks and Austrians, walked
out suddenly without making any CO.
herent demand upon the management
and refusing an offer which was posted
on Friday of 10 per cent advance In
wages. it is understood that the Amer
! lean employees were satisfied with the
concessions made by the company, but
the foreign element, being largely IN
the majority in numbers and appar-
emily thirsty for strike, refused to re"
port for work, and kept away all those
who were really disposed to accept the
company's offer. The works are shut
down absolutely, thousand men are
out of employment, and the ores that
were being reduced at this plant are
now bcino sent to Colorado points for
reduction. 1t Is said that number of
| the more influential ones in fomenting
and forcing the strike have already de-
parted, and others no doubt will de-
part In Il short time, which will prob
ably allow of the reopening of the
plant before very long. A reprehensi-
bic incident in the trouble was the
freedom with which merchants in Muir
ray and Salt Lake sold guns and knives
to the disorderly element, thus fully
arming them and putting them at an
advantage as compared with the peace
officers, which they have no right to
possess. The sheriff s Office is doing
its best TO preserve the peace and re-
press the disorderly element so far as
ii makes its demonstration against
those who would, if let alone, be dis
posed to go TO work. but the deputies
| appear to have no better success in this
matter than the police of this city had
in repressing the demonstration in the
street car strike Of two weeks ago.
There appears, in fact, to be no suffi-
| cient civic power to repress these dem
onstrations when large bodies of sym
pathizers with the strikers or large
bodies Of the strikers themselves un-
dertake TO hold the field against the
corporations upon which the strike IS
declared. In case the shutdown is pro-
longed, the effect is certain to have an
important and uufavorable effect up
on business conditions.
Business in this city has been very
good during the week, the increase in
bank clearances showing 346 per cent
In bulk over the corresponding week
last year; and last year. corresponding
week in like manner showed an in
crease of 22.9 per cent over the clear.
ances of the like time the year before.
The two together show an increase of
Col per cent in the bank clearances of
this city in the two years that the
American party has had control; which
is certainly a healthy, substantial
growth, much TO the credit of that
party, as we'll as to the fame of the
city.
The real estate market is active and
strong, with considerable records of
sales constantly reported, and occa-
sionally sales Of magnitude appear in
taInly one of great confidence here.
and the certainty that this city is
bound to be the great metropolis of the
mountain region grows with the pas.
sage Of the years and with the con.
sideration of the surroundings and Of
the circumstances involved We have
here 4 city that is already one Of the
most famous in the country, that has
immense resources in mines and apri.
culture, which has an unapproachable
railroad supremacy, and which is in the
center Of a radius of five hundred miles
in every direction, with no possible
rival III that whole area. With tho
growth of the country it is absolutely
certain that this city, with the start
that 1t has, with the commanding re.
sources and situation that it enjoys.
must be one Of the great cities of tho
United States,
The building operations of the pres
cnt year are showing up strong and
active. The extensive plans gotten out
for Mr. Newhouse for the construc
tion of his two eleven.story buildings
and the Railroad Exchange under way
by Mrs. Judge, give the lead TO the
lower portion of Main street thus far
this season, But other structures.
many of them good business blocks.
are being put up in other portions OF
the business district, and the whole
city is alive with the construction Of
dwellings, cottages, fats, apartments.
and rooming houses 1t is practically
assured that there will be more build
ing IN Salt Lake the present season
than ever before in a single year
The mines of the State continue to
pour out their wealth in n rich stream
which gives returns of something over
$3,5O0,000 per month. with the prospec,
of definite continuance and GOOD
growth in volume and richness. The
great reduction plants being put up M
Garfield N tn. sc