The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1908-11-08

the Western Pacific, in place Of bearing
Of to the northward, did not bear to
the southwark and run nearer to ely,
going along by the vicinity Of Tonopah
and through tho Mono Pass to Califor'
MA This would have given this line
the shortest route between this city and
San Francisco, as well as the easiest
grades. and would also have given 1t
an immense local business, which it
avoids altogether by bearing off to the
nortbward, However, the direct con
ncction with the Nevada Northern will
give Salt Lake City great advantages
for the trade of all that region.
The markets of this city are now
abundantly suopled with everything
that the heart could desire. The local
trade is excellent, the bank clearirgs
show an increase over those Of the cor
responding week last year, and every
ono is well contented with the prosperl-
ty and trade that are great and con-
stantly growing. The building activity
which has so strongly prevailed during
the year has resulted in the construction
of hundreds Of new dwelling houses,
and these all being occupied immediate
" upon completion, the older houses
being still we'll filed, make absolute
proof OF the great growth of the city
the present year. This growth neces'
sarily requires increased supplies, and
trade increase keeps up with the growth
Of the population
The real estate market is in good
form, with frequent sales of much im-
portance, and the aggregate of sales is
always large. Every one realizes that
this is to be metropolitan city, and
every one knows that money put into
Salt Lake realty is absolutely sure Of
good profit.
Tho mines are practically on their
old basis Of prosperity, with the ore re-
serves constantly increasing. The mines
keep up splendidly in ore production
also, both the quality and quantity of
ore being entirely satisfactory. Great
advance has been made during the year
in the ore-reduction facilities Of this
valley, but there is still abundant room
for the independent smelter which has
been promised, and which every one e1.
poets will materialZe the coming year.
The metal product Of the State will
doubtless be in the neighborhood or
s50,000,000 the present year. The pro-
nounced increase in the price of copper,
with the indication Of yet further IN
crease. encourages the mining industry
Of this State in the most satisfactory
fashion.
It has been a splendid year for Utah
in agriculture, horticulture, and stock
raising. Prices have kept up remark
ably also. so that the farmers have had
a prosperous year, and all are well pro-
vided with worldly goods and cash.
Immediately following the election
business throughout the country re-
sponded enthusiastically to the result.
Railroad companies placed orders for
supplies and equipment aggregating
S240,000,000. A large number Of these
orders were made before election, con-
tingent upon the result. Since election
those orders have been relea sed, and the
supplies required will call for great ac-
tivity in manufacturing lines. 1t is
stated, also, that some 100000 new en-
ployees are Immediately required for the
active manufacturing campaign that is
beginning. The revival is general and
for the first time in many months there
is shown very substantial increase in
the bank clearauces as compared with
those Of the corresponding week OF last
year. And in the table Of cities the
increases fairly set off in numbers the
decreases. But the increase is very
pronounced because of the 1872 per cent
increase in New York, which is the
great ruling financial center.
In trade circles the seasouabIe
weather has Joined with the election re-
suits in stimulating orders and demand;
manufacturing plants are more active,
and numerous undertakings have begun.
Besides the immediate orders, there are
4 good many orders placed for remote
delivery, this being a noteworthy i'm.
provement over the conservative atti-