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Show BUSINESS, TRADE, AND FINANCE. Tho week Just past has added to tho water supply in sight, with seasonable storms that covered the whole State", and In a material degree lifted the depression depres-sion that prevailed in tho southern and eastern parts of tho State, where the precipitation had been scant. It Is hoped now that there will bo no serious Bhortago anywhere, while In the northern north-ern portion It Is clearly ample. The progress making during the week In getting together In support of the Utah Lake Improvement proposition proposi-tion has certainly been gratifying. The North Jordan and tho East Jordan canal ca-nal companies ratified by a strong vote the compromise of the general committee commit-tee with tho canal company directors. The Utah & Salt Lake company had already al-ready ratified It, and though the South Jordan company rejected It on the flint vote, there is reason to bellove that this will bo reversed on the final test, and that all the companies will unite In petitioning pe-titioning for the work and tho pledging the repayment of the cost of making the Improvement, as required by law. This prospective agreement, combined with the ample snowfall In the north, have combined to give a cheerful aspect to business. The Government's expenditures expend-itures Iniall In putting In this Improvement Improve-ment will amount to a million dollars, and it will bo worth ten times that sum to the water-users and land-owners. The mines add to the generally excellent ex-cellent outlook by their rich productiveness. productive-ness. They are now putting out a more abundant and valuable tonnage than ever before, and are prepared not only to keep up this output, but to Increase It on ,domand. The known oro bodies hold out strongly, and thero aro" constantly con-stantly new discoveries and developments. develop-ments. The smoltors aro also fully doing their part In this generous stream of wealth that Is flowing out for tho enrichment of the State and of tho country. They are, constantly adding to their capacity, and Jn enterprise and ability to handlo all ores offered, they have mado com- plote demonstration. A new sampler for tho Bingham Con. is the latest noto in this line, whtlo tho addition to the lead furnaces of tho United States company, com-pany, the new copper furnace determined deter-mined on by tho American Smelting company, and tho plants of the Bingham Bing-ham Copper and tho Tampa speak loudly of tho large additions mado and making to the wants in this valley. The San Pedro railroad (the Salt Lako route, with Los Angeles as tho other terminus,) has made and is making excellent ex-cellent progress. Mr. Bancroft's Inspection In-spection showed the road In most satisfactory sat-isfactory condition; the rails are laid to a .point sixty miles beyond Callentes, the grading Is completed twenty miles further, and a new grading contract for fifty miles more has just been let. This will take tho lino beyond Las Vegas, Nevada. It is a rosy report lndcpd, and clearly Indicates an earlier completion of the through lino than Mr. Clark promised. So wo arc fully Justified In the anticipation that by this tlmo next year through trains to Los Angeles will be so much a matter of course that they will attract no special attention. The other roads building hltherward, tho Moffat lino from Denver, and the Wcst2rn Pacific from San Francisco, aro certain to glvo a good account of themselves tho oncoming season. In this city, trade Is good, and tho spring demand Is brisk. Tho campaign for the opening of the season Is certain to be pushed with greater enorgy than ever. Salt Lakers are deoply Interested In Tonopah, and also In the new Gold-field Gold-field district. Other districts, sure to be opened within striking distance of the new Salt Lako route, will prove to be rich also," and the year will see a mining mi-ning development in that region that will be, unprecedented, and it Is all Salt Lake territory. In the realty situation hero there Ib excellent indication of activity that ought to be a source both of encouragement encourage-ment and pride. It Is recognized as absolutely ab-solutely certain that no place In the wholo country presents such solid and sure opportunities for investment and profit as the purchaso of realty In this city. The building season Is opening In good briskness, and it is already assured as-sured that the record of last year In this line, fine as It was, Is to be exceeded exceed-ed this year. And no matter how many new dwellings are put up, there Is never an empty house; all are taken even be-foro be-foro being finished. The rapid growth of the city Is fully proved by this fact. In the country at large, this generous outlook for Utah Is fairly maintained. Dun reports that improvement In trade and Industry continues, favorable reports largely outnumbering adverse Influences. 'The week has brought no check to the progress In the iron and steel Industry. Bradstrcet reports the backward spring as tinging most roports from distributive dis-tributive centers, but several developments develop-ments have been notably favorable. Seasonable rains have done good, and the railroad receipts show a gain. The bank clearances show a decrease of 22.9 per cent In New York compared with the corresponding week last year, and of 1.3 per cent In tho cities outside of New York, an aggregate decrease for all of 14,8 per cent. The New York bank statement, Issued yesterday, showed comparatively small changes under any of the heads, and Its receipt on the exchange had a strengthening effect on the market. Tho main features of the week In the 1 Industries of the country at largo were tho refusal of the soft coal miners to strike, and the renewal of tho building trades dlBturbances in New York. On the wholo, the general prospects are good for business and productiveness, and In spite of the political furore attending at-tending a Presidential year, the trade and Industrial outlook is good. |