The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-11-07

been put np the present year and last
year. they arc all Immediately occupied
and the older houses still remain full.
This is proof OF the growth that II IS
impossible 10 doubt, and that tho city
is gaining at n rate approXimating one
thousand new population month IS an
estimate fairly within conservative
views.
The real estate market of the city IS
in cxccllcr. form, property being
strongly held and iH great demand, The
result Of thc election assures stabilltY |
in progress. and the continuance OF
the eager demand for Salt Lake realty
Every ono sees the inevitable growth |
OF this city, and with Tint growth, am
increase IN realty yalncs that means "A
substantial profit to those who buy.
Those who hold the realty arc also
aware Of tho same fact, but good
many having already made their profit
arc willing TO sell. while the old set
tiers who obtained their holdings for
settling on them, or for comparative
fraction Of the present prices, are often
clad TO sell in order to realize cash
for their property. Altogether. the mar
kct is in Il healthy condition. with the
aggregate Of sales Of the week amount.
| ing TO n good sum, and occasional sales
Of large properties. The situation IS
culivcucd bv the prospective addition
of Federal Heights, which viii un4ues
tionably lac taken into the city boun-
darics very soon, and also the applicn
ton Of Waterloo and Sugar House
wards 10 be included within the mu'
uicipality.
The general business of the city IS
active and strong. on an Increasing basis
! all the time The bank clcaranecs,
which arc good gauge for the busl'
ness and financial transactions. show
a gain for fhe week lust past of 45.9
per cent. n gain reached by very Few
of the cities Of this country.
The railroad situation Is cnllNcned
from time TO time by rumors Of var-
Gus kinds. some Of these rumors being
Idcnied. with dcnials that may be gen
uinc- or may he merely for policy ;
sake 1t is an absolutely sure thing
that all of the transcontincntal lines
Of the middle belt must build 10 Salt
Lake City in order 10 get the four
through connections TO the coast that
larc available from hero. This also will
give them an additional haul OF one
thousand miles over their own lines of
transcontincntal traffic, which will III
itself he sufficient advantage 70 Justify
the expenditure Some Of these lines
have comparatively short distance 10
Ibuild tus reach salt Lake. and we can,
not doubt but that the construction
will be made within a few years.
The mining situation is excellent.
Utah s mines have dcscrvcdiy high
rcputo IN the financial and mining
world. by reason of their conservative
management and because Of the per
maucncc and richness of their ore de
posits. Good ore reserves arc constantly
kept blocked out. and the mines re
spond readily to all demands made upon
them. The smelling facilities of this
valley arc now on a scale rlvaliug any
smcllrr center in the world. and the
output of Utah 5 metal mines is run.
ming at a rate of about S3,000,O0o a
month.
1t has been a good year throughout
the State in agriculture and stock rails
ing. and prices have been such in both
directions as 10 afford highly remunera
tive rctur.s TO the farmers and stock
raiSers There is greater diffusion of
money, and more of il. throughout
Utah, than ever before knoWn.