The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-15
PROGRESS" SHOWS
PROGRESS OF CITY
Walker Brothers, Bankers,
Publish Interesting Book
on Vital Topics.
CONDITIONS ARE GOOD
:rowth of Salt Lake From
Early Days TO Present IS
Illustrated.
CONDITIONS ARE GOOD

Progress is the name OF pub
lication issued bv Walker Brother
Bankers, the 6rst number Of which was
distributed Yesterday, . Progress
throughout its pages lives up 20 it,
title. It is a substantial little book
containing substantial articles. but neN-
nrtheless is in no respect tdeadlN or
uninterestine. on the contrary. many
Of the articles contained in Progress
hold the deepest interest.
4 part Of the book i devoted to y
comprehensive description of the new
Walker Brothers Bank skyscTaper To
he erected AT the corner Of Main and
Second South streets, There IS lit
tie gossip about the activities the Ia
NOUS corner has witnessed in the past.
and considerable number of photo
graphic reproductions show the build
ings and conditions that existed there
ia the early davs.
Topics Are Timely.
Banking hv mail is briefly touched
upou in az article of reminiscent char
artef. which takes account of the davs
when the pony express brought valu
ahlss 10 the banks. The Cost OF Liv-
ing demands chapter full OF trite
sentences applicable to present day
conditions. There are many other in.
teresting items which show careful prep
sraticn and a strict adherence 10 the
facts
One notable article in "Progrcss
is entitled "Busiuess Conditions Now
and in the Future and tells why
conditions have been somewhat unto
ward and why normalitv is taking their
place. This article also reveals the
confidence OF the Walker interests in
Salt Lake as is made evident BY their
determination 10 invest more than a
million dollars in mig office build
ing in this city. This article reads:
Concrete evidence Of the opinion
held by the officers and directors of
Walker Brothers Bankers on business
conditions and the future Of salt Lake
city is found in their undertaking of
an investment Of the magnitude re
CURED TO erect large modern build |
ing at this time.
Conditions Are Sound.
''while the general situation is not
OF 2 nature 10 encourage speculative
enterprises. the underlying business
conditions. especially of the intermoun-
tain region, arc essentially sound.
a. few years ago it was evident that !
the country could not continue in
definitely IFS period Of intoxicated !
prosperity and undue imitation. Re
adjustment was imperative. The first I
shock of the readiustment was severe, !
hut severe lesson was necessary.
''The recovery has been gradual. and !
should he 50. Despite the unseiting |
fears Of many hnanciers. especially |
IN the east. that politicians viii carry |
their attacks on capital TO IN OK
treme tand this is perhaps a menuce) |
the fact remains that business. as a |
whole. Is IN a really healthier condi- !
ton now than II has been for years. |
There is not the general oNer-eXten-
sion Of credit that there was former. /
y. The spirit of reckless gambling l
has been replaced by an attitude of I
Production is gauged nearer |
70 demand, and prices are closer TO |
legitimate basis.
Salt Lake CITY aud the intermoun. |
tain region are in better condition /
than most Of the other portions OF |!
the country. The fall Of mining stocks |
has been seriously felt. but greatcr |
attention is being paid to agriculture /
and other pursuits The crops of 1
this region are good, while in many 4
districts of the cast and middle west /
they have been below normal.
Salt Lakes Advantages
. II y important TO any community |
10 he supported by diversified inter !
ests, so As not TO be 80 kcenly af- |
fected by fluctuations in the pros. |
p"rltv Of any single industry The |
people Of Salt Lake City and sur |
rounding territory are now turning
their attention To the development OF |
more than a few Of the vast resources /
of this region. The result will be Il /
sound. solid growth aud substantial /
ritv
1.-The approach Of the presidential /
wear and other factors IN the siiua-
fion all point 10 caution AS thc proper /
course for the business man. but the |
fact that this policy is generally un. |
derstood and largely followed is in I
itself an encouragement for the fu. !
ture.''