Show I ETsNss REYffEW EUR 7 Highly Prosperous Year Enjoyed by Salt Lake Bank Clearings Show the Phenomenal Gain of Nearly I 40000000 Big Increase in Output of Mines Gain of 1500000 in Real Estate Transfers I Bright were the hopes and roseate tho visions of Salt Lakes business men when they opened the New Years edition edi-tion of The Tribune ono year ago and read of the progress of the past and the promises for the future A mere glance through the columns of this mornings Issue will show how well they Jmvo realized the fact thai they builded their hopes well Bright as the prospects vuro a year ago it may bo truthfully K tld thai the putlook for the closing year of the century cen-tury is better than It has been for almost 4 al-most a decade Year by year the vast possibilities of Salt Lake City and the vast country tributary to it arc becoming becom-ing more widely known and capital is being Invested as never before The Intermountain country is to be the theater of wonderful development in the Immediate future and the utilization utiliza-tion of the great resources of this empire em-pire between the mountains Is to send Salt Lake forward with rapid strides Besides her superior attractions as a residence und commercial and health center Salt Lake Js winning eminence as an educational center Already luui she attracted many students from outside out-side of Utah and many families move here yearly because of the citys superior supe-rior educational facilities From all the mining camps successful men are com Inc to Salt Lake to build their permanent perma-nent homes here The rapid growth ol this favored city Is assured by numerous numer-ous conditions the principal of which is that the great region of which It is the chief city Is rich In varied resources re-sources the development of which will attract a great population A PROSPEROUS YEAR During the past year there has been scarcely a line of business but has had Its share in the general revival of trade Factories have been kept steadily going at increased hours in order to fill larger orders Merchants bought increased stocks of goods and had no trouble in dispob log of them Tho mines have been surpassInglY piodiictive as will be seen In another column It wan the greatest producing year ever known In the Stale the total being S1202o32000 as against 277 D1387 in ISflK The llockmasters and the cattlemen hac largely added to their earnings and their herds Mechanics have found work at remunerative remu-nerative prices The farmers have had a setback in some sections of the State because of for some a I slightly unfavorable season kinds of grain but it Is safe to say they have averaged up well on cattle sheep and other Utah products Manufacturers of brick lime cement and producers of stone and other structural struc-tural materials have had all the business busi-ness they could handle as a rule and In some cases a great deal more Jheie was a phcnonilnal Increase in the btnklng deposits especially In the savings departments which show an increase of about 1GOO000 over the fig urijof a year ago Themercantile agencies show that th failuresduring the year are less in aggregate liabilities than In any year since 1692 and that the record of 1810 fully justifies the hope of not only a continuance of existing conditions but i a big increase GOOD PROOF OF INCR13ASE A valuable business barometer is the postoffice and Postmaster Thomas this year shows that there was received from the sale of stamps envelopes etc box rent and postal deposits In 18JU J1701l > 57 as against TirilG7fiSS for 1S9S a gain of 1S78S99 In some of the departments the gain ran over 20 percent per-cent An important feature was the establishment estab-lishment of rural delivery routes and substatIons for the city have been put In at Sugar and the other at spark s-park Other city routes have also been fxtended The delivery force has been Increased by six and ten new letterboxes letter-boxes put in making a total of the latter lat-ter of 1C3 Seventeen new moneyorder post offices were established in Utah in 1S99 Among tin improvements was the building of the Salt Palace and incl dentally the bicycle track which has come to be known everywhere as being one of the fastest In the world and has attracted wide attention Many of the most prominent wheelmen In America visited It during the last season and oven though tile season as late for opening u very good business was done and a good foundation laid for next Reason The Palace and grounds which wcie only partially finished will be beau tilled this year before the season properly opens JUOWTII OF TRADE It la a hard matter to compute In dollars and cents the actual Increase of trade as a whole over the year Just closed It Is enough to say that while competition was keen there was a much larger business done by all Prominent merchants estimate their increase in-crease at from 20 to 30 per cent Au IJ > ihf lines of business most favorably affected af-fected Is also a matter of conjecture All felt the good Influence of the big demand for labor and the remunerative r prices paid therefore It Is also generally I gen-erally agreed that one of the most 1 pleasing signs was the increased demand de-mand for a better class of goods Kype vlully was this noticeable during thc holiday reason when trade was better than It has been for years which Is also I ono pf thc best Indications that the Inasses of thc people have money to ipend The confidence In the future Is fully Justified by the buildings now In course of erection and those promised for the year With employment for the masses there must bo money for the tradesmen trades-men While many costly residences have been erected more than In any itwo years previous there is another encouraging en-couraging sign In time fact that hundred hun-dred of smaller structures hav gone up As a matter of fact then IH scarcely scarce-ly a block In the city where will not be found one or more handsome llttlo cottages which have been bulldt by what arc known as the poorer classes and from this financiers agree that when thc masses have money to build n with then prosperity must wellnigh j b universal Enormous Gain Clearings One striking proof of thc business 1 growth of Salt Lako furnished by tn ol years bank clearings which show ait Increase over 1S9S of 3U30 < or 13 2y per cent Thc gain was steady each month showing a substantial Increase t over the correnpondlng month In 1 W The figures supply a reliable index to t the years business BIG HEAL ESTATE BUSINESS The real estate business enjoyed an excellent year both In the matter of the transfer of lands and the erection f of buildings The nnle for the year surpassed those of 1S3S by almost a million mil-lion and a halt of dollars The appearance I appear-ance of the business portion of the city I was much enhanced by the erection of i Hoveml large blocks and great activity in the line of building was also maul fufltMl in the residence IItiIct Th year In regarded IIH the l > eai for munv year past r FrVTI RES < F PROORKi T j rMI n rMr m r tjt oiri 1 r > Mf fJC wj viril ut jj ri ji r equal In quality to similar kinds made anywhere Besides home market these goods are shipped to points In many Eastern and Western States During the summer of 1S99 one bathIng bath-Ing resort on our great Inland sea was visited by 170000 people and 50700 went In bathing During the past year the business of the Western Union Telegraph company in Salt Lake has shown a gratifying In crease over preceding year In fact has been the largest ever transacted at this point The company hats been bettering Its lines and has added one wire to Chicago one to San Francisco and Og den and two to Park City Tn 1S99 Utah disposed of 13000000 pounds ool at an average of 14 cents giving to the State 120UUO There was exported J50000 sheep which brought an 1 average of J0 per head aggregating 1223000 bringing the eush products of our locks up lo a total of SooliOOO Outside of considerable money spent for Improvements In < onsiructlon and equipment of the Salt Lake Pity Railroad Rail-road company It has built about three miles of truck thus completing the BrIgham street line from Il to Thirteenth Thir-teenth East street This line Is equipped with thc latest ears Several moro must soon be purchased and they will be of the most modern design The Rapid Transit has spent but com i paratlvely little money buying no new cars but has bettered Its tracks to a considerable extent Time year has been a very profitable one for the street car companies owing to the holding of the fair and the big attendance at the Salt Palace In addition addi-tion to the other summer attractions Numerous cars have been rebuilt hereIn here-In no way was Utahs manufacturing capacities put to a better test than in the manufacture of beet sugar Last year the Lehl factory produced 13500000 pounds and thc Ogden factory 5000000 pounds It Is expected that the output this year will reach 20000000 pounds The buildingstone Industry has taken big strides and by thc inclination shown upon the part of wealthy Utah men to use marble In the construction of their dwellings there Is a possibility ot several of the big marble deposits close to the city being opened In addition ad-dition to the usual number of quarries Little Cottonwood canyon granite will also cut a figure this year The salt industry which Is easily one of the largest and most profitable industries in-dustries of Utah Is now virtually under one management As a result prices which by ruinous competition had been forced down have taken a decidedly decid-edly upward trend and even the few small manufacturers on the outside of the big company have felt the benefit of the advance Poultry Is another feature to which great Interest Is now being paid The showing made at the last fair elicited enthusiastic comments from all landers lan-ders and at the present rate of progress pro-gress Salt Lake will soon be enabled to produce nearly all the fowls needed for t tin table or otherwise Hoot and shoe and overall factories have been kept busy the year round and thorp Is an Increasing demand for their products from merchants of surrounding sur-rounding States Lumber and planing mill owners relmorts show a most healthy condition of affairs AH yards and mills have had really more business than they could reasonably well attend to Thc increase has been due largely of course lo U the building boom and also the erection of structures In surrounding mining camps < JunE has been mined lo thc extent that workers could be employed There have been times when thu demand has been scarcely equal to the supply Coal Miners Wanted Is a sign that Is usually usual-ly kept standing the year round The big sales of the Implement dealers deal-ers have astonished even the men who are accustomed to talk about carload lots with the same equanimity as the average retail dealer does of a bushel or a peck and one of thc big dealers said yesterday that never had the demand de-mand for farm machinery been so great as now I take It for granted ho said that the farmers must have had some use for the machinery or thcy would not have purchased It The milling Industry of the State has shown but little advance and prices have ranged about the same Ponalderablo money has been spent at several of the mills In the way of Improvement Im-provement An effort ban again been made to form a combination by which several of thc mills could bo closed and tho product of the State handled by one corporation This would have caused a slight raise In the price of flour which millers all agree Is too low much lower than In almost any other State in the union Thc prospect of he organization of a Millers Mutual Mu-tual Protective Fire Insurance company com-pany has probably been abandoned Small shipments of Hour have been made to Oriental points others are in prospect if steamerroom can be obtained ob-tained Five new exchanges have been added to thc Rocky Mountain Bell Telephone companys service Now buildings and improvements during the year cost 551072100 MUNICIPAL AFFAIRS With the coming of the year comes anew a-new administration and there is a general promise of several changes Hint will be for the better Among these undoubtedly will be an increase and a purification of the water supply If the Ideas of City Engineer Kelsey which have been prominently beforetime before-time Council are carried into effect there will ba a great many Improvements Improve-ments made during the year In the form of dlbtrlbutlng reservoirs Increase In the size of pipes in various places and a general rehabilitation of time I system of water supply so far as it is practicable In addition to the new services supplied sup-plied by the Waterworks department there have been placed five meters and new muiiiH and npcclal extensions made which Include 11742 feet of sixInch pipe and ISO feet of fiveInch pipe Thc Fire department boa made a good record rIme total amount of property exposed to danger and the actual loss vub W722o upon which there was In Humncc amounting to a522il i making ilic net loss only 1007713 There were im big tires The chief Improvements of the year have been the purchase of 1500 feet of hose Thc entire expenses of the department In Ib90 were 3379091 or 5270001 over Ihoso of 1S9S Several changes were made In the Police department the abolishing by thc Legislature of the Board of Police and Fire Commlseloners necessitating a reorganisation and Chief Pratt was succeeded by Thomas H Hilton who assumed hla present ofilce on April 9th hat The expense of maintenance In 3S90 were 31cr SlS an Increase only of J1C1S over IfeiS There w re some very notable crimes during the year and very good work was done In all of the i canes the police were called upon to I handle Considering the area of the city mid the mwU foster of the force mot excellent order was maintained U ii tlr gt pcrgl comment of visiting oiiuer ihtt HA nuMe onl rly city of itn i xkttJ thfin Sat LiK IU th Street amj lrri 1 flux driit r rtd rmb1 t it Ioii i i I siitiltIm i It i U bor Thc work was confined to grading flumes and ditches The city public library Is now firmly established a one of the most popular and Instructive Institutions of the city Theme has been an Increase of about SOJ volumes during the year Many of time books lately ordered are of the choicest Jcind The attendance and application I for books is rapidly increasing and tltI Interest of the citizens In Us success I guaranteca that In an exceedingly short I 1 time it will be much more valuable anti popular than It now is and equal lo any owned by any city of the size of Salt Luke The report of thc Board of Health shown r70 deaths for the year making the rate a very low one Salt Lake owing largely to its healthful situation and surroundings has up to date been singularly tree from sporadic dIseases and the few cases that have appeared have been of the milder form The city revenues for 1S9S were o09 oOO For the eleven months of 1899 there hi shown by the books of the treasurer 30070319 It Is believed that when all the collections are made now due and owing the total will show a considerable increase IMMENSE GAIN IN CLEARINGS No better evidence Is furnished of thc great Increase of business In Salt Lake during 1SS9 than the gain In bank clear Ings The clearings for 1S99 were Sl6 ISlLiD as compared with 5S7S131CSS2 for lisas showing the immense gain of S3S33SCC1 or 13 23 per cenL The clearIngs clear-Ings for ISJS showed a gain of 10150 fi275J over those of J II97 but this increase in-crease seems small when compared with the great increase of the past ypjir The figures speak volumes for Salt Lakes prosperity An examination of the I able given below will show a marked sain for each month over thc foiTespondlng month in ISiiS The gain It will thus be seen IK due to a steady swelling of the volume of commercial business all lines of trade being bene fited The figures indicate a splendid condition of financial alVairs In thc city The following comparative table shows the llgures for the past three years with the Increase Ztlo 1897 iS3 Jolt 5539siGo 7i550730 1110106908 Fox 5i9SgqS 69i7951l Mar ii12501457 6693t2I2 7SfsSi64s APril GII55J183 751iTti04 1ay o517x36ls ti81Si1 9971m S7 Juno 58uas iS42Li 0391thil0 July 641082G utzxu1o3 97311ri Aug lijJZUjSU ICJlAlu 91 12SZ3t Sept OOOKTSl G023330W 609S50171 Oct S2902SS93 7S77CW07 i207117Zis Not nF < JOKrt97 H S8S343 12l3Jill9S2 Due 770279773 lOCZaaSSW if25CS7 72 Tls 577M2C4128 7S13lt3S2 8126i5J29S Ics 104Ml52751 3S3CS0n Yesterdays clearings were 511248969 as compared with 2GG6833C for the same day last year The clearings forth for-th past week were 193571310 as against 171027102 for the corrcspond lug week in ISiiS The Banks One of the most gratifying showings of the year Is the increase In the deposits de-posits of the savings banks where the poor man Is at least supposed to put his surplus wealth The Increase shown is i little less than phenomenal and such would have been deemed almost impossible impos-sible a year ago at this time The figures fig-ures given out by the savings institution Institu-tion show that there is now on deposit 158364470 more than at this time last year The cashiers also say that there has been less fluctuation In the amounts than usual and notices of intended withdrawal have not been Insisted upon with the same strictness as In the past The above figures certainly augur well for tho prosperity of the masses who now have on deposit in the bonks of this city 473931799 The loans and dls counts are 1S9937S79 Not alone however is progress seen In Uie savings banks The commercial institutions have also good reports to make showing Increases In business during the year of from 10 to 100 percent per-cent Of fourteen banks in the city three are exclusively savings while another Is both commercial and savings In character Salt Lake has more banks in proportion to Its population than any other city In America It is said Their solidity has never been questioned and when the late panic shook every other city in the country when financial Institutions In-stitutions of good repute toppled nearly everywhere Salt Lakes banks weathered weath-ered the storm to the wonder and ud mlrullon of nearly every financier At tIme close of the year there was in the various banks of the city exclusive exclu-sive of the savings and other moneys 100919SOSG and there were loans and discounts of 5GG33GO A total of savings and demand deposits shows 1543J432sj Wells Fargo Co do not make any statement from their Salt Lake house Their captal Is 500000 for the entire system with deposits of S1G81453135 and loans aggregating S9G113J27 BIG REAL ESTATE BUSINESS The past year was a notable one In real estate the total sales for the year being 5090614 as against 361170093 an Increase of 141889307 or above 2 > per cent The increase was normal no heavy transactions in railroad property occurring to swell the total as in some previous years The Increase was well I distributed between both business und residence properties Heavy transfers In Main street business properties were recorded and already the construction and remodeling of several business blocks are under way Lower Main received an Impetus by the location of the Federal building site between Third and Fourth South A number of large commercial structures are building on Slate and much Improving the appearance appear-ance of that street Another feature of the year was the purchase by railroad companies of pieces of real estate on time west side with the ultimate Intention of erecting a union depot in Salt Lake Work has been begun on edifices for the accommodation of Catholic church institutions in-stitutions Work In the line of mesa dence building has been most grati fying and the coming year without doubt will see the completion of many palatial mansions by some of Salt Lakes capitalists In all Darts of the city new residences have been built ami a noticeable fact Is that the majority of them arc structures of the more permanent perma-nent kind The change of the State University site while not affecting city real estate as the site was donated by the Government has had Its effect on the building trade From a realty point of view 1899 is regarded as the moat sat isfactory year since 189L A comparison of the sales of 1S9S and ISM follows Month isss 1SS9 January 5 CSV3300 S 2476009 February 177SiSKJ t3h1om m Miireh 25 3 CO 37tUt > 3 < Ci April CtorlUO SW504 00 May 22184700 tis 5Sw Jnna iTHSOO ITrIcoi 00 July 10371 1 w Meiirrto August 3U1S100 H9413CO SuptJtnber 23702JW i33SLoo October SSJ1SOOO M0313oo November 1MOSSIOO HIMfci December 131053 3S9D350Q Totals 301175093 50906440i Increase 1i4s9iOi The Years Building Suit Lake architects entertain a hopeful view of the situation as regards their special lines and look for an extensive ex-tensive movement In building the corning corn-ing year Said Mr Green of Architect Holes office yesterday Time probabilities in the way of building for 1300 are encouraging en-couraging Thomas Kearns who owns the premises occupied by J P Gardner on Main street between First and Second Sec-ond South streets Is proposing to erect iv fine business structure on the site Im told a large building Is proposed Just south of the Walker house where the onestory stores and restaurants are Work has already begun on the Judge building adjoining the Eldrcdge block on upper Main stret Thit Fcd j ral building well that may get I started In 15CKJ and It may not until the v sr LIt r z c M I i c to remodel I ti irr or ill 4 vjbMf make a b hHiiiiij lu o n < ii ih m it a dls position to get hold of valuable sites occupied by l cheap temporary structures struc-tures and erect thereon desirable commercial I com-mercial buildings During the coming I ycau Main atreot promises to take the i i lead in building activity but hi 1901 the chances are likely to favor State and other streets David Keiths fine residence will be completed this spring and others will follow later Architect klettlng said il look for a prosperous year though the year 1S90 has a record tint is as yet unbeaten During the past year there has been S the Salt Palace time start on the Lnl I verwlty buildings and the News building build-ing and various otherkinds work Including I In-cluding new residences The University buildings will be ready for occupancy In the fall and doubtless their erection erec-tion will be a Htlmulous to a general building In that part uf tho city There will undoubtedly be a great deal of both residence and commercial building In 1900 Salt Lake has every reason to regard Its future growth with satisfaction satisfac-tion I S There will be a large amount of residence construction the corning j j year said Architect Ware yesterday And an agreeable feature Is that the quality of the new residences going up is being Immensely Increased A man who would formerly not tjxpend over I 1000 or 5uCs j on a residence now puts I out 9000 and 10000 People want bet i i tor homes and are In a financial condition condi-tion to have what they warn Moreover I More-over the quality of house architecture Is rapidly advancing Elegance Is considered con-sidered more than over and some oC thc residences now going up and others that have been built In the past year arc models of architectural elegance Then there is to be a good deal of warehouse construction the coming year noticeably In the vicinity of the freight depots 1 look to see a number of large warehouses built shortly by our larger merchants and shippers e < t > Yes the coming year will be a goodyear good-year for building along all lines remarked re-marked C H NeuhauscnJ Iii fact the year 1900 will be noted for a revival of building interests and especially for the construction of large churches Institutions In-stitutions and residences There 5s St Marys cathedral which will be one of the finest church edifices west of the Mississippi SU Annes new orphanage Thomas Kearnss new marble residence and many other fine structures Such Improvements are an ornament to any city ancl will show off Salt Lake to marked advantage Then there Is a steady movement in the direction di-rection of finer more costly residences and as people have more means they want better homes J There was a proposition to lay out a large plat on the east bench and fill It with houses said Architect Dart but because of lack ofjstreet railway I facilities or the prospects of any time scheme was sidetracked However it may come up later There Is a marked I need of residences in this city and they will be forthcoming I I have half a dozen propositions on hand now and while 1 am not at liberty liber-ty just yet to give them for publication I can say they are such as Indicate I that the architects of this city will have a great deal to do the coming twelve months with this kind of realty 1 There will also be much commercial and public building engaged In with improvements of properties already built Yes L look for a prosperous year I look for a good building year remarked re-marked Architect Hcadlund particularly particu-larly In residence work Salt Lake is short on this kind of property and the demand for it is Increasing |