The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-13
BUSINESS AND TRADE.

| BUSlNESS AND ThAIG,
Business in this city during the week
just past has been largely devoted to
tho entertainment and helping along
of the National Education Convention.
| The teachers have been given every
facility to transact their business, and
have done so with dispatch and IN
earnestness In every way commendable.
Another noteworthy event Of the
week has been the adjustment of the
litigation In the Ferry estate, which
has given to the heirs here o substan-
tial portion Of that estate, much to the
satisfaction Of the Salt Lake public.
The weather Of the week has been
favorable to growth, and everything in
dicates a profitable agricultural and
horticultural year for Utah. The live
stock interests are in good condition.
and, in fact, the people OF the State
are facing period Of well~earned
prosperity.
Trade in all Of the business centers
of this State has been good during the
week, with cash sales large proportion
of the transactions.
Building operations are being pushed
In lively fashion, and the year will un.
doubtedly show e1cellont results. The
Capitol construction is going on well,
as is also the work on the east side
high school and the Administration
Building Of the University. Work on
these two latter has been much retarded
by the strikes, and whereas the high
school was expected to be ready for
occupancy by the beginning Of the on
coming school year, it will probably not
be occupied until we'll along towards
the beginning Of the calendar year.
Realty in this city is always desir-
able, the market is firm, and the trans
actions in the aggregate are of con-
siderable dimensions every week.
The railroads have been put to their
most diligent efforts in the bringing in
and the sending out of the thousands
of teachers who attended the National
Education Association Convention in
this city. This work has been done in
excellent style, and the promptness
with which the transportation has been
made hase been universally commended,
Conditions in the mining fields
throughout Utah continue quiet but
satisfactory, especially In such camps
as Bingham, Park City, and Tintic.
There is a lamentable lack Of new devel-
opment work among the prospects, and
little or no prospecting is being done
within the State; but there should be
decided improvement in this phase
of Utah mining within the near future.
The splendid record of the large camps,
from which steady dividends are being
obtained. will in time inspire renewed
confidence in Utah S mineral resources
and Statewide prosperity will be
started again.
The metal market has been filed with
conflicting developments throughout the
week Just ended. Copper has shown
continued weakness, the metal being
held in London towards the close at
1415 cents q pound. Stocks continue
TO be eaten into by the worlds con-
sumption, yet the sentiment is against
higher copper prices for the time being,
Inasmuch as the copper metal market
is affected more right now by senti-
ment rather than by anything particu-
larly real against the industry, the
improvement will come quickly once
the world returns to more of normal
way Of thinking.
Spelter remains firm, with better
ranges predicted owing to a scarcity
of stocks. The enforced curtailment
Of ore production early this year is
low being felt, and unless production
can be raised quickly the market is
bound to reflect the situation. Silver
holds well. Lead Is dull, but without
fluctuations either way, As far as sill
yer and lead are concerned, the pro.
ducer today has dependable market
even if the range is lower than many
believe is warranted.
There remains to be encouraged in
Utah an increased confidence in Utah
mines and mining, and the record now
being established by the leading pro-
ducers in the State certainly is suf.
fcient to inspire renewed faith. There
arc no greater opportunities available
anywhere than at home.
The U. s. Government cropt report,
made public during the week, shows
nIantifu1 harvest which has diecour-