The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-04-25
BUSINESS AND TRADE.

The past week has been an exceed
ingly active one in the announcement
of building operations, the taking ont
of building permits, and In the gen
eral advancement of business and OF
progress in this city. The leading
article on this page details a number
of the more prominent of these ad-
vanccs, and Of the splendid steps for
progress that arc making in and around
Salt Lake this year.
The real estate market in this city is
strong and active. Good deals are re-
ported all the time, one of the largest
of recent date being the one involving
the laying out of Alhambra park for
$4,000, southeast Of the city, for a
great amusement resort for tho people.
The Albert Fisher block, on West Tenn
pie street, and the Holmes-knox
hotel. on The northeast corner Of Sec
ond South and State streets, are good
items in the progress of the week. The
foundry proposition by Colonel Wall
announced on Wednesday morning will
be an important addition to the manu-
featuring enterprises of the city. And
manufacturing is something that the
city needs in order to make its growth
substantial and lasting.
The general business of the city is
we'll gauged by the extremely crafty
ing increase of 500 per cent IN the
clearances Of the banks of this city, as
compared with the clearauces OF the
corresponding week last year. In every
lne of business there is progress. ex-
pansion. and growth, In spite of all the
new building construction in the city,
the dwelling houses, apartments, flats,
etc, that are going up by the hundreds,
there is n constant demand for house
room, this being a conclusive evidence
of the rapid growth OF the city in
population. And the financial situation
is equally cheering, showing the vast
increase of the city in wealth, All
the traders and business houses have to
expand 10 meet the demands OF the
times, larger stocks of goods In every
line arc being carried, and these stocks
OF greater variety than ever before. 1t
is the new population that causes this,
and that leads TO the expansion, both in
quantity and in variety,
The high waters of the week caused
by the melting SHOWS have given con
siderable inconvenience in some parts
of the city, but it is hoped that the
Mouth Too,,ln etrnc+ oa,ol,,.. Ill l.
completed in time TO carry off the worst
of the floods this year In the mean
time the cool nights and winds have
restrained the melting that was going
on too fast, and the floods have not
gained perceptibly in the past few DAYS.
The lake level is sure TO be higher this
year than 1t has been for good many !
years past. The abundant water as
sures an ample supply for irrigation and |
all other purposes, and the precipita- !
ton of the year has been so much above |
the average that the ranges are un-
usually rich in forage, and live stock
Will get fat on the ranges this year.
The mines are gaining all the time |
in output and IN the marketing of their
ores. The ore deposits meet every de-
nand made upon them, and the rcduc-
lion works arc getting in better shane
all the time So that it is reasonable
20 expect this year an average product
Of S5,000,000 a month from Utsb,s
metal mines.
In railroads we are promised this
year the completion of the Western Pa
'itic from this city TO San Francisco bv
lezt September. But if the trains arc
'egulariy running by the close of the
'ear on tins line between the two cities
t Will do very well The Mofrat road
llso, as is announced, is to be nut
through as rapidly as possible from