Show BUSINESS TRADE AND INDUSTRY I The week brings renewed assurances of prosperity and profit to Utah Tho cool weather conserves the snow In tho his there have been no damaging I frosts and the agricultural situation is I flratclaes The ranges have not come forward as rapidly a was expected but the stock io now getting In fair condition con-dition and it Is moro clearly seen that the winters losses though severe have been less damaging than was feared and less than wore suffered by our neighbors The mines arc producing In unprecedented volume and the indications I indica-tions are for a year of unexampled activity ac-tivity in them The plants for concentrating concen-trating and handling tho ores and fore reducing them to bullion are constantly Increasing and arc thc moot uptodate of any In the country The output of the mines Including the bullion product prod-uct from the smelters and furnaces wag clone to two million dollars for the month b April and the dividends openly open-ly d declared amounted to within a small margin of three hundred thousand dollars dol-lars whIle the profits of individual profits pro-fits wore considerable to add to that sum In this city the real estate movement has been brisk the demand ot the week l has been Chiefly for residence property The building Is very active moro money will be spent this year In new structures and In the enlargement of those already built than ever before In any one year with the possible exception excep-tion of the great boom year A notable nota-ble business event of the week wab the cohsglldatlon of two banks here through the purchase of the Bank of Commerce by the Commercial National All the business lines of the city arc in the enjoyment of excellent prosperity and tho feeling is enthusiastic for the continuance of tbo good limes In tho country nt large the same feeling exists Bradstreet reports that In spite of local disturbances here and there the great basic elements such afl general business and crop conditions romaln largely favorable Unseasonable weather weath-er 10 the West ha checked farm work Interfering with retail distribution and retarding reorders Wholesale trade Is aeawonably quiet Tho pigiron mar kot Is generally dull with prices l weakening weak-ening but steel and finished products generally are eagerly sought and very Arm Lead was marked down 30 cents per 100 pounds and copper Is also lower low-er both at home and abroad but silver has reached thb highest price In two years owing to tho recent purchases for tho Philippine coinage purposes and I prospects of currency reform In Mexico I Mex-ico Business failures for tho week numbered 173 against 152 the week before be-fore and 171 in the like week of lat year Dun reports trading active along all Unco except In the textile mills The retl trade Is active but dry goods jobbers Job-bers and commission houses report only fair trade In iron and steel footwear furniture harness and clothing there Is little Idle machinery Structural work If 1 vigorously prosecuted and supplies of building material are not allowed to accumulate ac-cumulate Mercantile payments are fairly prompt yet there Is less disposition disposi-tion to anticipate payments for a cash Discount than occurred last year Railway Rail-way earnings for April were 132 percent per-cent larger than last year and 26 percent per-cent In execs of 1901 Owing to the inadequate In-adequate supply of orders Idle machinery machin-ery Is no longer exceptional l woolen mills yet Western hollers of raw wool refuse to make J any concessions and the future course of prices Is I becoming uncertain un-certain Exceptionally favorable conditions con-ditions exist In the footwear industry Business failures are 203 against ISC the week before and 225 the corresponding week last year The bank clearances of the week speak powerfully of the curtailment of speculation In Now Yorlc thedecrease In that city amounting to the very high percentage o 84r The decrease In the cities outside of New York amounted to ninetenths of one per cent the aggregate aggre-gate decrease for all being 177 per cent Salt Lake City has overcome its I tendency tend-ency downward and 1 stands even with the corresponding Meek last year The New York bank statement issued yesterday yes-terday shows n continuation of tho decidedly de-cidedly favorable turn for the better that was manifested the week before In loans deposits legal tenders specie reserve and reserve required there was In all a very marked Inctcasc in surplus sur-plus a small Increase The stock market mar-ket l retained the strength gained through the week nnd there was a marked Improvement In Its tone The Internal trade of the country II 1 on an enormous scale the foreign trade is Increasing In spite of tariffs in Canada whIch glc Great Britain one third the advantage this country exports ex-ports to the Dominion goods to the yalue of more than double the Imports iron Great Britain Altogether the showing continues great for the business busi-ness trade and industries of this country coun-try Tho world never saw the like of It before |