The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-12-19
BUSINESS AND TRADE.

Business changes involving big build
ing plans move rapidly in this city this
year. The public had scarcely got done
wondering at other big enterprises pro
iected until there came the news of the
transfer Of the Bambcrger corner just
north of the Federal building. There
had been various rumors about this cor
nor, it being both asserted and denied
that Mr. NewhOuse had sold it Def
mite news was given out yesterday
morning, however, that he had parted
with it to the Messrs. Walker, who 1t
is announced will put a big skyscraper
on that corner. In connection with this
there is given out the transfer TO the
Western Investment and Trust Company
of fifty feet frontage on Main Street
seventy-siX feet south Of the new. New
house hotel. the transferred property ex'
tending back to Carson Street, which
is cut through the middle OF the present
block, north and south. These trans
actions are of immense importance to
that portion of town.
times with as much energy as is pos
sible in this winter weather. A good
deal is doing and the year S record
will be n phenomenal one. Practically
double the amount of money has been
put into building in this city the pres
ent year that was put in last year
and last year was the record in its
time.
Real estate prices are well main,
tanned. the market being active and
firm, demanded considerations being
freely paid. This because every ono
understands the advantage of owning
Salt Lake realty. This is to be a big
town, and prices now are low compared
with what they VIII be later on.
The general business Of the city is
active and large, the holiday trade con
tributing It's quota to the big total
The holiday stocks are better and more
varied than ever before, and there is
also n more extended range in prices
The current trade is larger than ever
on account of the great growth of the
city rs demonstrated by the immediate
occupancy of all of the hundreds of new
dwelling places that have been put ur
within the last two years.
The mining industry is on its old
footing again, richly productive and
profitable. The copper merger so much
talked about will be of immense ad
vantage to the Utah copper producing
industry, and it is noteworthy that the
Utah copper producers stand at the head
of the market. The ore~reducing facili.
ties in this valley are equal TO all the
demands put upon them, and these de
mands are heavy,
The railroad situation is enlivened
from time to time with repeated and
reassuring promises of the construction
of the Goldfeld Ely railroad, with an
extension TO this city. and that it is
to be built is the official assurance. In
the meantime, the newly constructed
Western Pacific is getting itself IN
shape for regular freight and passen.
ger traffic. which will doubtless be in
augurated with the new year-abont as
soon as could reasonably be expected
and meeting the opinion expressed from
time to time in this paper
Utah has had an excellent year in
agriculture and stock raising. The pro.
duction has been great, with prices
higher than ever before. The fruit
crops, though somewhat limited by rea-
son Of the spring frosts, have been of
good quality, the apple crop especially
showing wonderful and satisfactory i'm.
provement in quality and freedom from
blemish, Money is we'll distributed
throughout the State, and all is well
with the farmers and stock-raisers. The
early and ample SHOWS give good assur-
ance Of a plentiful water supply next
season.