The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-04-18

them. In number of deals in the
Hooper Eldrcdge properties reported
yesterday, three large transfers nctted
$l14,730.
The general business conditions of the
city arc faithfully reflected in the bank
clcaranccs, which show an increase of
IL S per cent over the cIearanccs OF the
corresponding week last year. Every
where business is on a good basis.
stocks Of merchandise are larger than
ever before. and the swiftly increasing
population compels the dealers To keep
larger and more varied stocks han ever
before, In spite of the hundreds Of
new dwelling houses put up last wear,
aud the hundreds of others that arc be.
ing constructed this year, there is a
constant demand for houses. and every
house designed for dwelling purposes
fats, apartments. or dwelling places Of
any kinds applied for before the
structure is ready for occupancy. And
when ready the structure is immediate
~ filed. All this is conclusive proof Of
the rapid growth of the city, and the
fact that builders keep on with construc.
ton at a moro rapid rate than ever, is
proof that tho rapid growth experienced
is expected TO continue. And no doubt
it will continue under the benign. en-
iorprising, energetic. aud faithful ad.
miuistration Of the business affairs of
the city by the American party. The
entcrprising metropolitan improvements
which have so distinguished the jncum.
bcncy Of the American officials will bc
continued this year in excellent form
The sewer system Will be completed.
more streets will be paved, aud moro
sidewalks-scores of miles Of them
will he built.
4 good many rumors about the con
troll of the Western Pacific railway
now under construction between this
city and San Francisco, have distin-
tingulshed the week; some Of these ru-
mors even going TO the length that Mr..
Hartman viii have control of that
road. The report that he has bought
largely of the stock of the Rio Grande
system seems 10 be a conceded fact. and
ii this is 50 his interest i'm the Western
Pacific will naturally be very great,
and even may control that road, us ru-
NOR has it,
The Oregon Short Line depot in this
city is assuming its final form. 1t Will
unquestlonably be a very fre building.
large, roOmy structure. well designed
and perfectly adapted TO the handling
Of the many thousands Of passengers
that will pass through this depot daily
throughout the season, and increasing
thousands as the years roll. along. But
no matter how many thousands there
may be, this depot Will he commodious
enough 10 accommodate them all
The construction of the Rio Graude
Western depot has been begun in good
shape, and doubtless before the end Of
the season VIC shall see also magniG.
cent structure rise on that site
The mines Of the State are fast com
ing into their own again. and with the
increasing facilities for handling ores
of all kinds by the smeters of this
valley and at the point of the mountain.
the mines Will again be al the maxi.
mum production. Their ability To sup
ply all the orc that the reduction
plants can take care of has been fully
demonstrated, and the ore reserves are
ample TO last for many years 10 come
The now Smelter City, around the
IhluI u inc mountain III O0rlD N1llPN.~H
attracted much attention at the sale Of .
lots on Thursday last. The sale was a
splendid success in every wav about
two-thirds Of all the lois in the new
city being taken at good prices The
construction OF that smelter may revive
the old project of tunnel through the
mountains, tapping from the Tooee
side the immense ore bodies known to
exist IN the depths in the Bingham
district This is an old project which
has been supported enthusiastically by
those concerned in it for many wears,
and 1t seems as il the time is now get
ting ripe for the active digging OF that
tunnel.
1t is a subject of remark that the
snow is lower down in the hills at the
present time than has been known for
many years at this time of year. The
reserves of snow, well packed and hard
dutted. are ample 10 assure all the
water necessary for every purpose the
ensuing season In fact. the fear is
that there may be too much of it, espe-
clally at the begiaping of the season
when the SHOWS begin 10 melt freely.
The pushing of the aaueduct on North
Temple street VIII afford relief none
too soon, If it is to be completed
in time to relieve the floods Of the
present year.
In the country at large, weather
crop, and industrial reports continue ir.
regular, but on the whole there is an
tone of confidence and a
gain in business doing and IN Industries
pursued. The concessions in iron and
steel brought extensive activity, but
not as much as was hoped On the
whole, the movement of trade is OF large
volume, and improvement is steady
though gradual. In iron and steel there
is broader demand in structural lines.
aud very substantial tonnage contracts
are reported, Many OF the railroads
are taking advantage Of the lower
prices to make necessary Improvements
and extensions, while the advancing
season has stimulated building activity
in many sections.
There continues TO be an abundance
Of money IN the country despite some
.f- &c .l.I