The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-10-09

NJ. l. on conID temple street. Confer
cDcc visitors arc in evidence in all Of
the stores, and the bargains they are
getting are amply satisfactory.
The real estate market has an ex-
cellent outlook, with activity most
noticeable at present on the cast and
southeast bench. The location of The
| high school in that portion Of the city
is stimulating interest there to a very
high degree.
One cannot be thrown with mining
circles continually without being i'm.
pressed with the more contented tone
to sentiment. The industry is pass
ing through trying period, the finau-
cling of new propositions is extreme
! ~ difficult, while many Of the old divi.
dond companies are paying reduced
profits or none at all Yet during the
week n moro optimistic tendency has
! been engcudered at home, and the
news from the East has been much
more favorable.
Copper conditions especially are los
ing much of their disappointing hues.
Copper stocks still arc considered
cheap. this due first of all to the up.
ward movement marketwise now so
freely predicted by conservative au-
thoritieS. The statistics released on
| Friday by the Copper Producers AS
soclatlon, showing that during the
month of September the copper sur
L.. "A
pounds. and that the exports coutinne
TO increase while the domestic produc-
tion is falling off in response to the
programme Of curtailment, are consid-
cred one of the strongest bull points
for many weeks a still more favor
able showing is anticipated when the
figures for October arc given next
month, AS the curtaiment policy will
be exercising more influence on the
situation
An interesting point was determined
during the week in regard to the uti.
lization of the playhouse system of
fiIterlng smelter gases in the reduction
Of copper ores. Eventually this same
system may be applied to the Utah
smclters, thereby strengthening their
right to proceed with the reduction
of copper ores which has been inter.
fered with by the farmers. The bag
house system works perfectly in cop.
per as well as in lead smelling; but
owing to the different character Of the
dust. greater bag area is demanded
in copper than in lead smelling.
Satisfactory levels have been main
tanned by silver. the price reaching
the best point for months few DAYS
ago, while lead and copper prices have
been dull, but persistent. There is a
noticeable falling off in the quantity
Of lead ores now reaching the mar
ket, which. no doubt is more than com.
pensated for by the big Bingham cop
per operations.
In the railroad world, plans of the
Rio Graude for connecting its Payson
line with the Sanpetc Valley road,
which it purchased some years ago,
are developing. 1t requires but twenty
two miles of construction over an easy
country to make this connection
through Santaquin to Nephi.
The Oregon Short Line has ordered
five hundred steel freight ears; some
Of these are already in.
The heaviest travel for the Fair and
conference ever known has been ex-
pcrienced the past week, all the trains
are crowded. Live stock and beet
movements are also exceedingly active,
calling for an unprecedented number
Of cars.
At Provo the new union station is
nearly rooted iu and the Provo city
council has granted franchises for the
new electric interurban road
The contract has been let for the
north and south line from Wadsworth,
Nevada, to connect with Portland. Ore
gon, which is in line with the future
connection with Los Angeles through
Owenyo AS heretofore announced, This
will give new low grade line from
Portland TO Los Angeles, iutersccting
the Southern Pacific at Wadsworth
The State Fair proves, what has been
stated heretofore, that the past sea-
SON has been an unusually productive
one in all lines of farm products. Tho
same is true as TO live stock of every
kind. The result is. combined with the
high prices prevailing. that The farmers
have mad an exceedingly prosperous
year in Utah.
l.. ~
mont rather than enlargement is the
report from the mmercial agencies
Crops arc being freely marketed. and
good reports have helped tho outlook,
but political uncertainties have kept
demand within limited bounds. Condi
tons. however, have made an unusual
demand for and in food products.
Industrial and mercantile promise