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Show BU EINESS, TKADE, AND FINANCE. The week lias given us more storms, that were general throughout the State, adding lo the assurance of a plentiful water supply in those parts of the State where the deposits of snow were already al-ready good, and helping out those portions, por-tions, in tho south and southeast, where tho precipitation was deficient. The already al-ready favorable outlook for crop and range was materially bettered by the storms of Monday, Tuesday, and Wednesday. The ranges will take especial es-pecial benefit from these storms; they will start the feed, and the stockmens' hearts will rejoice in the early grass and Its abundance. The mines of the State are contributing contribut-ing more richly than ever to the general wealth. The March output ranged close upon three million dollars, although al-though the roads were bad In the hills, and from some important producers the marketings of ore were materially lessened less-ened by the difficulty of hauling. The smelters of this valley are fully meeting expectations and demands. They are constantly adding to their capacity, ca-pacity, and are handling all ores as offered. of-fered. The independent plants are especially es-pecially conspicuous by their enterprising enterpris-ing and efficient management, and are a credit to their owners and to the State. Tho railroad situation shows no change, but all is rosy in this regard. The San Pedro line the Salt Lake route Is being pushed with energy and vigor; the tracklaying is rapid, and new contracts aro being let as soon as old ones aro fulfilled. The gap between the workmen out from Los Angeles and thoso out from Callentes Is being perceptibly per-ceptibly shortened every day. By Christmas, Christ-mas, according to the best recent advices, ad-vices, tho through line will be finished, and it will bo a Joyous time for both this city and Los Angeles. The Denver & Northwestern the Moffat road Is pushing along as rapidly rap-idly as the country will admit. The tunnel tun-nel will not be begun until the temporary tempora-ry line is built around tho site for it, so that contracts can be let for both faces at once. The track wlU be opened this spring for tourist scenic travel, and by the summer of 1906 the through line from Denver to this city Is promised. The Western Pacific Is pushing Its line hltherward from San Francisco, via Beckwlth Pass. It has surveyed a through route, and paid $12,500 fees each in California, Nevada, and Utah, for its incorporation filings. Its line will no doubt come into thi3 city via the southern south-ern end of the lake. In connection with the Moffat road, this will be a new transcontinental line probably Gould's. The wool clip of tho season will soon come into the market, money to handle it being already one of the provisions of the market. It will take probably a million and a quarter dollars to handle tho clip of this State; but as this city Is tho general headquarters for the wool-buyers, wool-buyers, doubtless the sum to be distributed distrib-uted among tho sheepmen of the region of which this Is the center will approach three million dollars. In this city the favorable outlook throughout the State has had its stimulating stim-ulating effect upon trade. Now is the slack season in business ordinarily, but with the coming of good weather the spring trade opens briskly. The demand for seasonable supplies will doubtless be well up to tho usual mark, and even above it. 4 f There has not, In fact, been so good an outlook for prosperity throughout Utah In many years as is In sight right now. The country at large 1 not so fortunate. fortu-nate. Floods, storms, landslides, and labor troubles Interfere very seriously and disastrously with the progress of commerce, transportation, and industry. Still, there is evidence of recovery from the depression which began last fall, and has hunt: over the country for the past six months. Tho cotton strike Is over, allowing the price of the textile to come within reach of the mills, so that manufacturing can revive. Tho incorporations for March showed a largo Increase In capital over those for any of many months past, reaching JS3,000,000, compared with $53,750,000 In February nnd 559,500,000 In January. The chief Item of this Increase was in the Incorporation of the National Eroom company of Maine, $13,000,000 capital. Dun reports much deferred Easter business transacted; some sections report re-port satisfactory results, but In others unsatisfactory weather retards trade, and on the whole, the season's trade thus far compares unfavorably with that of last year. Bradstreet reports that bad woather and floods have checked spring trade, checked collections, and made the first quarter of the year a period of backward back-ward business. But there is yet good hope for the year's trade and finance. Copper Is strong, the-March exports being be-ing next to the largest ever reported. Business failures are about normal. Tho International Mercantile agency reports mixed conditions, good and bad, with unfavorable general results. The bank clearances of the week, compared with those of the corresponding correspond-ing week last year, show a decrease of 28.4 per cent in New York and of 10.1 per cent in the cities outside of New York, being a decrease for all of 22 per cent. The New York bank statement, Issued yesterday, showed tho large lncreaso of $14,843,400 In loans, and of $20,700,900 In deposits. There were also substantial Increases In specie, reserve, reserve required, re-quired, nnd in extra U. S. deposits. It had a hardening effect upon the market. mar-ket. The loans and deposits of the New York banks are now each well ubovo the billion-dollar mark, and there was never so muou money In the country as there is now. - |