The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-03-27
BUSINESS AND TRADE.

Spring and spring work have ad-
vanced notably during the past week
All the activities pertaining to the sea-
son have begun, and under the most
hopeful and favorable auspices, and the
season is most promising for city and
for State.
The wonderful building energy con-
tinues with gathering force. 1t will
undoubtedly be record year in this
line, great as the three previous years
have been. With the incoming OF the
American municipal administration In
1906, the previous stagnation gave way
TO vitality; marked and Immediate
change from the death-in~life rule of the
church administration took place;
everything moved forward, to the ad-
vantage of the city; and progress took
at once the place of decay.
During the week work has advanced
well in the steel framework of both
the big new hotels, that of the New
house at the corner of Main and Fourth
South, and the Utah, at the head OF
Main. street, on the old tithing- house
corner. The Felt block and the Nc
Tntyre block are both nearing COM
pletion. Putting up the steel work for
the big Kearns ten-story block on
the west side of Main street, between
First aud Second South, began during
the week, and the promise is that this
work will be pushed so as to make
record for efficiency and speed.
The big Fisher business block on
West Temple street, just north of the
old Tribune office, is also about com
nleted and fine structure 1T Is. All
over town the construction of new
buildings is going on with vlgor, and
rapid work is doing. This construction
ranges from the new union depot Of the
Rio Grande and Western Pacific, to
warehouses, business places, apartments,
flats. and all forms of dwellings. The
fact that all of these structures, many
of them imposing and of large capacity
are occupied at once upon completion,
all the other dwellings also being IN
continued occupancy, proves conclusive
Iy the rapid and permanent growth of
the city. And when we recall that this
has been going on for full three years
aud that we are now entering upon the
fourth. the great extent OF this growth
can be realized.
The real estate market is always
strong and firm. Important sales are
reported from time to time, and the
aggregate Of sales is always important
Everybody comprehends the advantage
Of owning real estate In city of such
an assured future as that of Salt Lake,
and so the demand is always TO be re-
lied on, while the holder realizes that
advantage quite as well, and holds on
for a fine price. But when we consider
that the price of realty is far below
the rates in cities of equal Importance
elsewhere, the advantage of buying now
is evident to all This is bound TO re-
main, and increasingly to become, the
great metropolis of all the mountain re-
gion,
The general trade of the city is good,
The bank clearances, the most perfect
gauge lNaI can US appllou, euo"
gain for the past week over those of the
corresponding week last year Of 1l.9
per cent, gain that does very well,
yet is much below the average weekly
gains reported since the new year came
in All the merchants keep larger and
more varied stocks than ever before,
by reason of the increased and widened
demand coming from the new inhabi-
tants.
The mines of the State are on their
former productive basis, turning out
new wealth at the rate, on the average,
of two and a half millions a month.
The mines arc rich in ores, and ample
reserves arc kept in sight to meet all
demands.
The smelters keep up with the needs
of the situation, handling well and in
the most advanced methods of APP
pliances and skill, all the ores offered,
They are a worthy supplement TO the
mines, doing their work to perfection.
The railroad situation was enlivened
on Friday morning by the news in The