The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-07-07
BUSINESS AND TRADE.

The Fourth of July and the sudden
oncoming of sultry weather have joined
TO depress the bank clearances of the
week. At the same time, business has
been strong and brisk, with collections
fair and the outlook for the. season first
class. The abundance of water is more
than ever manifest for irrigation and
all other purposes, insuring an excel
lent yield of the main crops and max
ing the ranges for sheep and cattle bet
ter than for many years past.
The ensuing week will be "Get Ac-
quainted' week, in which the Joint
committee from the State Fair, the Real
Estate Association, and the Merchants
and Manufacturers Association have
arranged TO entertain visitors from the
State at large and the surrounding com
monwealths; and the committee wishes
everybody who can, 10 come and see us.
The general trade situation in the
city is excellent, and the great mining
output supplies an abundance of money
for all commercial demands The chief
drawback on stock trading has been
the depression in mining shares, which
has lasted now the most of the half
year. There are signs, however, that
this depression is lifting, and that
stocks viii have an upward turn. In
fact, a good many OF them have al
ready begun the ascent.
The mines of the State are producing
lnr he .
tically assured at substantially more
than $40,000,000 for the metals The
smelters are doing excellent work. and
the great smelter city at the point Of
the mountain to the west of the valley
is making IFS mark in the reduction
of ores, as are also the older
plants. There is great activity in all
mining operations with future Of un-
eXampled prosperity in sight for min
ing operations in Utah.
The railroad situation is also first
class. The Moffat road continues its
persistent work hitherward from Den
yer, aud the Western Pacific is pushing
on westward to San Francisco The
track is laid out from this city beyond
the State line, and during the present
month connection with the rails of the
Nevada Northern is expected.
The wholesalers of the city are en-
joying good trade with the country to
the north, and with the new mining
camps in Nevada. An excursion To
Bullfrog, Gold6cld. and Tonopah, under
81 IA, oc Al ~ ,.l
the business men of this city, is one of /
the features Of the fall, TO be under /
taken when the branch from Las Vegas (
is completed through to Tonopah aud .
the round trip can be made, going
south to Las Vegas, then north TO Tono-
pah, and from thence uorthward 10 a
connection with the Southern Pacific,
thence home. stopping over at such MIN
ing camps as can be quickly reached.
The real estate market in this city
is firm, with many sales reported and
with the constant feeling that Salt
Lake realty is one of the best invest
ments in the world, absolutely certain
Of profitable returns; because this is
bound TO be the great city OF the noun
ain region, since no rival IS possible IN
my direction for five hundred miles
md more. And the numerous and ex
,eedlngIy rich resources, with the nat
Iral trend hitherward for market for
them, and for the clearanccs, are such
Is no other city in the country can
how, Building operations are conduct
ID IN the city on very extensive scale,
md the season is bound TO be the rec
,rd in this line.
The mining output, settlements for
which are made in this city, is IN full
ide. The agricultural outlook, the live
stock outlook, an the general trade
make this an excellent year
or Salt Lakers. The city is bound to
row. 1t is doing more public work,
md doing it better, putting on more
metropolitan airs, than ever before IN