Show r UTAH WILL MAKE WONDERFUL f. f PROGRESS IN NEXT FIVE YEARS The stage Is set the props prepared prepared pre- pre r pared and the actors perfecting their r parts for the business romance of oC Utah's greatest era of development After Arter nearly eight years during which the attention of or the nation t. t and the state has been devoted to preparation for war the prosecution of war and recuperation from war the avenues of progress are opened wide and the available with which to drive forward This economic stage Is Utah and its neighboring states to the north west and south The props are the vast resources of this great area and the means for their economic utilization The actors are aro are the men and women who with courage and I faith and work are now doing pig lg things and planning for far greater Beginning with this year and durIng during during dur dur- ing the next five years Utah is destined destined de do- to see a greater proportionate proportion proportion- ate development than any other state in the Union The prediction is made deliberately upon the solid soli basis of facts Utah Has Material The fundamental reason why this progress should now come is that Utah has the raw materials and the world needs them A more immediate immediate immediate imme imme- diate reason is that the Pacific slope from the to the western beaches has reached a stage ot of settlement of industry and of commerce commerce commerce com com- merce where they must look inland I for the materials to supply their industrial in industrial industrial in- in needs and the foodstuffs to provision their rapidly Increasing population These raw materials briefly are the metals iron copper silver lead zinc gold coal the potash alunite petroleum from the and aud probably also in pools limestone clays clas cement and aud almost every other known mineral and commercial product of native earth Then In agriculture Utah has the grains sugar livestock of all kinds and the other fundamental components components components compo compo- of the American Americal nation And these are but more Important goods which Utah has to offer The desirability of ot the greater development development development de de- de- de of these resources has lIas not been questioned either by or by those familiar with the tho west It has been a question of feasibility till now Resources Abundant Now these things are possible and will be brought about Materials 1 money markets and transportation are all that man needs with which to create industries for the service ervice of his fellows Theres There's no question o of the mate mate- rials And theres there's no question of the availability of money to those y who have followed the course of financial events in Inthe the past fey few months There is ample money not only In the the centers of the east but but in this western region for the development development development devel devel- o of any sound project This is demonstrable not only lo locally locally locally lo- lo cally but nationally In Salt SaIl Lake which is the financial center of considerable part of this his western area there has been floated in the past few weeks in bonds and preferred stock tock of long leading local industries at Interest in interest interest In- In terest rates from 1 to 2 per cent below below below be be- low what they the could have been sold for a year ago These securities s shave have found ready buyers here I Largo Large Issues Offered What is true In Utah Itself Is truo true to a gre greater ter degree in other parts part of the west which were less badly scorched by the winds of recently past adversities The issues offered l locally cally include of first mortgage bonds of the Amalgamated Sugar company in iu de- de 1 bonds and in III preferred stock of the Utah Po vr Light company in of the Salt SaIl Lake Pressed Brick Bricle corns company com corn s pany and lu in bonds of the Ogden Portland Cement company compau The rhe federal reserve bank of San Sanf f r Francisco which serves this- this territory territory territory terri terri- tory charges now but 4 per pel clint Funds for on its rediscounts Ing are available In far greater V quantities than there are now suit suu- ti i able uses for at interest rates a point or more under the rates charged JY my y the scarce money of a year ago Time z loans in New York were made last week at less than 4 per cent for the thc first time since before the war Money is available for productive u uses cs in ample quantities for the financing of Utah's development F t. t Cash Looks for lor Work ork k The combined time Ume demand government gov- gov deposits of the sixty-six sixty re reporting ye- ye porting member banks of the ted federal feder feder- ral r- r V al reserve bank of San Francisco to- to till ti These sixty-six sixty u anks represent something more than half of the total of all bank banI deposits in the district Is not that evidence of ot the amount of money which f is looking for tor and constructive purposes One need not look beyond California California Cali Cali- fornia where both In the south and andin in n the north ten years have va wrought t tr f r wonderful growth which none predicted predicted pre pre- dieted to find the markets for tor what Utah has But look too at the rapidly rapid rapid- ly growing Portland and Seattle are building their own industries and are reaching cut across the Pacific with their IncreasIng Increasing increasing ing commerce with the Orient Here are the tho markets for Utah's Utan's goods to the west th h the southwest the northwest which want and will have our products in Increasing quantities while there is n prospect no diminution of existing eastern demand which until recent times i ihas has consumed a vast proportion of our exports Transportation Improves The transportation i now carrying Utah materials west est north south and east are being g improved and new facilities are are to he be provid provid- ed ad Th j g of actual wor work on the Moffat road and th the Lake Denver railroad under former form form- er or r Governor Simon Bamberger will open up tho the Uintah basin The construction of the thirty odd miles mlles of new now railroad from Delta to Fillmore Fillmore Fillmore Fill- Fill more will mean moan the settlement ani and ano I progress of a a. considerable agricultural agricultural tural area Construction ut of another branch line from Lund to Cedar City to tap the iron oro ore deposits and carry the growing ever ng of si sightseers to ZIon National park and the north rim of the Grand Canyon Canyon Canyon Can Can- yon of the Colorado approaches approach s closer to realization every day lI This s new work coupled with extensive physical betterments of existing properties add to character and efficiency efficiency efficiency ef ef- ef- ef of the service which the railroads will provide o 0 |