The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-10-17
BUSINESS AND TRADE.

The leading feature III the local busi-
ness world continues TO be the activity
in binding aud the enormous valuation
of building permits issued. The build
| ing permits of the month Of October had
a tremendous boost during the week in
the issue to MIR Kcarns of permit
of the valuation of 5000, 900 for his ten
story office building on the west side
of Main street between First and See
ond South. This brings the total of
buiIdiug permits for the month well
above million dollars. The aggregate
of permits for the year up TO Friday
last amounted TO S7,l0o,670, compared
with SIPS. 900 for the entire year OF
1908, At the rate of issue Of permits
so far this year, it is reasonable TO eX
pcct ii doubling for this year of the
value of permits issued last year; and
last year was itself a record for the
issue of building permits in this city,
In both years Salt Lake City stood at
the head of American cities in the per
ccntagc of increase in building permits
over the corresponding item of the year
before This unquestionably is due to
the progressive policy of the American
party. which has trumphed in this
city, giving the city such start rs ii
meyer knew before and attracting to
us population by the thousands and
wealth by the millions.
The general business of the city in
all lines is brisk and strong. The bank
clcaranccs for the week Just past show
a gain of 2S7 per cent over those of
the corresponding week last year. For
the nine months ending Scptember 30,
the gain over last year was from $lI5,-
735. .354 10 $24l ,2S0, $50. or 81 per
cont so that it is seen that the Ameri-
can benefits conferred upon this city
arc in an ever accclcrating ratio. In all
lines of trade and commerce the gain
is felt. and never was there a time when
Salt Lake City showed the evidence of
progress and growth that it does now.
The mines of the State, all making
their settlements at the banks in this
city, are now on tho regular and full
basis of product ton and rich returns.
The mines are conscrvatiyely and well
managed, keeping up good and ample
ore reserves. so that they are able to
respond to all demands made upon them.
Utah mines stand high in the world g
mining markets, and Justly so, because
of the richness and permanence of the
mines and their enterprising, business
like management. The ore reducing
facilities in the smelling plants of this
10 thnca nd
keep up in enterprise, adding the best
and most modern facilities, with any
plants in the world. Our estimate of
81, ,00O. 900 value in ore from the Utah
mines handled in these plants monthly
will doubtless be fully met by the re-
turns of the year.
The railroad situation is getting bet
ter every week, by reason Of the near
ing of the time set for the putting on
of train service on the Western Pacific
between this city and San Francisco
The Rio Grande Western depot in this
city is making favorable progress; it
will be The union depot for that COM
pany and for the Western Pacific. The
Oregon Short Line depot is n splendid
Slrlcture, Il SlIlhlBp dhu duHllldpie ltd
ture which every visitor to the city on
the lines of that great system is charmed
with on sight.
The season has been an excellent one
throughout the State. The crops have
been good and the prices of all pro-
ducts abnormally high, the market
taking readily and at remunerative
prices everything that the farmers and
livestock men produced. By reason of
the high prices and the ready market,
added TO the great productlyeness Of
the farms and ranges. the farmers and
livestock men throughout the State are
better supplied with money than ever
before. so that the prosperity is gener.
ally diffused, every one having part
therein,
In the country ut large, the improve
ment in trade, industry, and collections
/ is reported universal. The crop move
: | ,,,or, &c gran 4ha iobhin0 trade has