The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-12-10
BUSINESS AND TRADE.

lust past WAS the announcement o1 ths
financing of the great Green RIVER
arcv Land project, whose hcadquar-
tcrs arc in Denver. The plan contem-
mates the reclamation Of 24u,ouO acres
OF land now arid. TO be watered from
Green River. \ dam is to be put ~
at favorable point, and 5"' mules ol
canals will lead the water for IrrlgA-
ZION upon tho soil that is titled. 1t rs
one of the greatest land projects IN
the world. and there can be no doubt OF
its success upon being sufficiently IT.
nanccd, rs the announcement Is made.
The water is there beyond question, the
land is there, and is rich and well sill
uated for tiIlagc. 1t is, indeed, vast
project, the working out Of which VIII
be witnessed by all OF Utah with the
kccnest interest and satisfaction.
The announcement during the week
that the addition 30 the Utah Hotel
will be pushed is Of gratifying chsrac-
ter.
The further announcement that the
Irrigation Congress is to meet IN SALT
Lake City year hence was also re
cciyed with the livelcst qualification.
The merchants report sales Of regu'
lar stock profitable and lively, but the
carly shopping business for the holi'
days was not as strong as expected.
This holiday trade, however, must pick
M with the present week, and 1t bids
fair to be the heaviest ever known
here The holiday displays arc now
arranged in the stores, and are very
attractive
Cash sales have been above the
average, and collections are good, The
outlook for brisk trade In all lines is
first class,
Milder weather and clearer skies
stimulate the realty market. 4 num-
Der of transactions were reported, with
inquiry briskcr, aud several deals are
expected 10 be closed within few
days. Demand on the part OF the
small investor is for modern, moderate
priced homes Business is increasing
in the purchase of homes on the IN
stallmcnt plan,
Building activity in homes and large
structures is good, The basement for
the huge Walker structure is a busy
scene. and work is advancing with
great rapidity. Money for improve
meut and building purposes continues
easy.
The farmers train is ready TO leave
Salt Lake City tomorrow for trip
through Utah and Idaho. This trip will
be primarily designed to give jnstruc.
ton to farmers, aud show them how to
bring their work up to date.
The city council on Thursday even
ing, at its usual meeting, favored
the granting of the franchise to the
the Main Street line 10 the Capitol.
Why not grant also continuation OF
that line to run down State street,
There ought not TO he any opposition
to 1T. for. though the street is narrow.
il is no narrower than the streets on
the North bench where the cars run
to the advantage of the public
The remarkable Copper Producers
statement for November, which was re.
leased on Friday, provided the most
bullish item for the month so far for
copper and the copper issues. The most
optimistic had not forcseen so great
reduction in domestic stocks as the
2J,O00,O0 pounds and more reported,
nor was the decrease III production for
last month Of about 100000 pounds
expected. The November deliveries
for consumption reached a total OF
l35,OS9,055 pounds, against domestic
stocks on hand December lst of Ill,
Isj.lSS. The statement was the inn
mediate cause for copper Increasing *
Of cent a pound
The bulk of the news about mines
and mining during the week was favor.
able. bringing word of n6w strikes in
new spots, while MANY older PROPOSE.
tions were reported in improved shape.
The strength of the metals is helping
the industry splendidIv. and the mining
mon Of Utah arc closing one of their
most prosperous wears.
There has been pronounced reccs
sion IN market values on the Salt Lake
mining exchange for several days past
aud market authorities believe this
was the bealthlest reaction experienced
since summer. Decreasing price
ranges should encourage ihe reluctant
public TO step into the market again,
hnr nf
have been excellent bargains presented
which many were not slow To take ad
vantage of.
Eastern markets have been quiet,
mainly trading affairs. with the cop;
pers IN the lead. The venture of tho