The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-04-07
BUSINESS AND TRADE.

IN the multitude of visitors has some
thing TO buy and something to stock
mp on. that they are unable TO get in
their locality oY that they are better
suited in choosing from the greater
variety on exhibit here. There is this
to say about the conference crowds;
they arc TO a considerable extent cleo
tive in their trading, While to some
extent II is true that they are
held by the commercial traditions
that have prevailed among them, these
traditions do not prevent them from
seeing and taking advantage of a good
bargain or a good buying proposition
wherever it may be found The city is
full of such propositions, and they are
being well utilized by the visitors.
The conference trade Is always an inn
portant factor in the business Of the
city every spring and fall. And the
conference trading is looked forward
to by those who come here to buy
with fully as much solicitude and
participated in with fully as much en-
loyment by them as by those who do
VIZ "Ni''hSs IL ID an OtSdSlOu dlSO IOT
the renewal Of friendships, for the set
tling Of business accounts, and for a
general roundup Of activity in all lines
of intercourse.
General business in the city is on an
excellent basis, with money plenty.
The wool money is already begin
ming to swell the pocketbooks of the
hockmasters, and the prices realized
are so great that all who have wool to
sell feel on easy street. Not less
than $4,000000 will be paid out by the
banks of this city in the purchase of
wool during this spring season In
some favored localities the shearine has
already begun, but it will not be
completed for Il month yet And the
business involved in handling the
clip, In shipping it East, and max.
ing settlement for it. is of the most
urgent and important character. and
will add very much to the comfort Of
the people receiving the money and TO
the development of the State.
The realty market in Salt Lake City
continues very firm and strong. The
sales are frequent and often very inn
portant. great transaction during
the week was the purchase for SIC. 900
by President Joseph T. Smith, as
trustee Of the Mormon church, in his
buying the 245-acre Crismon tract
southeast from Sugar House ward. Ii
is his intention to plat the land divide
1t into convenient building lots. and
sell 1T, preferably to young people who
wish TO have homes convenient to the
city, and where they will be able TO
live on their own premises and attend
to their work IN the city at the same
time. II is a kindly thought, and that
VIII no doubt prove very popular
suburb of the city. The land is slightly,
has an excellent water supply, and
the drainage is first class. An OK
tensive purchase of lots in Murray was
also reported during the week, The
evidence accumulates daily that the
knowledge that investment in Salt
Lake realty is sure of splendid returns.
is spreading and being taken advantage
of by a wide circle of investors.
The building operations of The city
Tor the year arc opening in the most
lavish style, Nothing like the great
eleven story blocks which Mr., New
house has planned and is now excavat-
ing for has ever been seen here.
Their completion will mark a new era
IN building IN the West, and no doubt
viii set the precedent for many others
of the same character. In the mean.
time Mr. Newhouse, as pioneer of this
class of structure, Is deserving of the
highest recognition as a pioneer
builder. The great block that Mrs.
Judge is erecting at the southeast
corner of Main and Third South streets
is eXcavated for, and the basement wall
is being put in. The building fever has
spread to all parts of the city. and in
no former year at this season was there
ever so much construction under way
as now.
Tho mines of the State are an un.
failing source Of rich and large revenue.
They arc yielding constantly at the
rate of three quarters OF million dol
lars week; an output that is certain
to be considerably enlarged before the
end of the year. The great smelling
construction at Garfield will call for An
extensive supply of orc, and the
mines, with their skillfuI management
and forethought in development Of re-
serves of ore, Will be sure to respond TO
every demand made upon them. Utah s
pre-eminence in the mining field is
what the mining men can sec i'm the
near future. The smelters at Murray.
Bingham Junction, and other points
along the valley in the neighborhood
of those places are doing full work in
excellent form, and reducing ores
sent to thom in a way to extract all
the values.
The railroad situation continues
good; the Western Pacific let its final
contract during the week for the con
otr nf lipo ;hra,oL