The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-12-12
BUSINESS AND TRADE.

Tho seasonnble weather continues,
with every prospect of n recoro'preak
ing holiday trade in this region. bul'd'
ing activity continues with aStonian-
ino Indifference to the cold and storms
The buildings are fully occupied all the
time. The work on the Denver u MO
Grande depot shows that building loom
ing up in great shape. The activity at
the sites of the two great hotels IN
construction, one on the old uthihR
house corner and one on the old ). Il.
Walker corner, Fourth South and Main,
is much in evidence. The newest an
nounccment is of fine Federation ol
Labor Temple, which Will add It's quota
to the projects Of the year, And TINS
is not to mention the scores of other
fino buildings enumerated in The Tn
bune heretofore. This city maintains It's
very high prestige among the cities of
the country in percentage of increase
in building operations over last year;
and as last year was in itself record,
This advance can be the more fully ap-
preciated.
General trade in the city is frst-class
The dealings are large, and the demand
is swelling all the time, this by reason
OF tho increased population shown IN
the fact that all Of the hundreds OF
new dwellings are filed Immediately
upon completion, and also in the vol
ume and variety Of trade with the
stores and dealers. The bank clear
ances show a gain of 26 D per cent, as
compared with the corresponding week
last year.
The real estate market is strong.
with good sales. The advantage OF
owning Salt Lake realty is evident TO
everybody, buyers and sellers alike.
Consequently, the demand is good and
the seller appreciates to the full ex-
tent the value of his property. Sales
reach good figures every week.
The mines are producing richly, at
about their normal rate Of output,
They are substantially on their old
footing prior to the panic of 1907, with
important additions in various direc.
tions. We estimate the average metal
production of the year at S3,000000
month, but shall soon have the sum-
mary by actual returns.
improvements at Fort Douglas are
progressing. There were opened dur
ing the week proposals for construction,
heat, plumbing, electric wiring and fix
lures for one double set of officers
headquarters, also construction and
electric wiring and fixtures of quar-
termaster's 8 store house at that place.
1t is hoped that the War Department
may order very extensive improvements
at the Fort, the work to be begun next
year.
The week has been enlivened by the
reiteration of the assurance that the
Gold6eld-Ely railroad is certain of con
struction. The dispatch stated that or
ders have gone forward for the begin
ming of actual work both at Ely and
GoldGeld. This is an extension of the
Santa Fe road with the idea of pushing
a new line direct from Ely TO this city.
We are confident, also. that it will re-
suit in the construction of line di.
L
through the Mono pass, giving us a
fifth coast connection, and so enhance
the Importance OF Salt Lake CITY as n
railroad center, and compelling all of
the railroads of the mid-continent trans
continental belt to build their lines to
Salt Lake
The year has been good one for the
agricultural and livestock raising in.
terests, with prices higher than ever
before for the articles produced. The
consequence is that money is more
abundant than ever and more gener-
ally diffused throughout the State.
In the country at large, there is the
usual Stacking of energy and pausing to
take breath. The retail trade is cor
respondingly augmented, however, and
the indications are that very large
distribution of merchandise is poins
forward.
There is no noticeable slowing down
of industrial operations, and steel mills
are experiencing difficulty in making
prompt deliveries.
Evidence is cited in the commercial
reports that the railroad strike on the
northern roads is losing its effective
ness as trade deterrent; its effect. |
however, in the flour shipments is man
ifcst
Large purchases are reported of cot
ton goods, and fall openings of wooden
goods and worstcds, but at high prices
-Ihc loathor trade hnth in hidns md |