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Show BUSINESS AND TRADE The noint of special stress in the business' situation hero at the present time, is the difference of opinion as to the price of wool. Tho buyers, naturally, natu-rally, want J-hc wool at the reduced figures which are given out in the Kast, whilo tho woolmcn demand better prices, and aro continuing to hold their wool till they can got these better prices. Somo of the buyers agree with tho wyoolgrowors that prices niust jni-provc jni-provc later on. In tho meantime, it is practically assured that a very high percentage of tho wool that is raised in this region will bo storod, tho owners own-ers refusing to part with it at the current cur-rent quotations. The city was gladdened with the news during the woek that work is about lo be begun upon tho new union depot of tho Rio Graudo "Western and the Western Pacific. It will havo to bo pushed rapidly, too, if it is io be ready for use on tho, completion of the Western Pacific's lino from here to ban 1-ranciSCO tnc present year, as promised by tho company. Work on the Oregon Short lino depot is being pushed with commendable enorgy, and no time will bo lost iu speeding its comnlction, consistent with perfect work. The proposed compqtiou in working plans for the new Commercial Club building is awakening considerable interest in-terest among the architects of the city. The structure is to be one of liberal proportions, six stories high. Tt will lie neighbor to tho great steel blocks which "Mr. Xewhouso Is putting up. the framework of which pierces the sky at lower .Main street. Before the close of tho year, these structures will take on a substantiality and orni which will make them the monarchs oi the structural world nf that part of town. It is to be hoped that the efforts to add two stories to the Federal build--iug may prove effectual, in which caso that building also will loom up tri umphant from its present comparative I obscurity. , Mrs. Judge's Railroad Exchange is j progressing rapidly toward completion. ', It shows up, large and inviting, on the j southeast corner of .Main and Third ' South. t ' i All over 'the city, building is active.! Many good and fine business blocks I aro under way and in completion. ; There is also great activity in home : building; tho favorite style of house j construction is -the flat, and flats are : becoming numerous in many parts of ; the city. No amount of new construe- ' tion, however, seems to dull tho demand: de-mand: every house, be it. fiat, apart- j meut, dwelling, or cottage, is clamored : for ovcen before it is ready for occu- : pancy. All of which proves that the j city is growing rapidly, and it is fill- ' ing in with an excellent class of inhabitants. in-habitants. I The real estale market is always strong and satisfactory in Salt Lake, j F.yorypne knows that -this is bound to! lie HneW-Uio great' and' iilipoMa'nt'cil'ies of the United States, and that moucTjBc invested in realty hero is sure of gooilHp returns. The principnl now aQditionjll I to tho city, Federal Heights, pwncdji by tho Tellurido company, ann tliB-Ncwhouso tliB-Ncwhouso plans for Popporlon, not,loDg since purchased by him, aro 6tirritijj'jB for good progress the present' ycaf.fl Both will be sightly and beautiful ai'jS ditions to Salt Lake. im Tho mining interests of this rcgiojl are constantly getting on a better basWl. in recovery from the blows innictM.-upon innictM.-upon it by tho vindictive farmers' lltiV gation and tho monetary stringencv-sB The court decree allowing th'o V. gW Smelting company to operate underW conditions which the company clnimijB that it can fully comply with, batV look. And. then, 'there is to bo the iKw-dopcucnt iKw-dopcucnt smcltor around tho point ofM the countain in Tooele county, whicliwj will take care of all the ores that mayfl bo offered, 1 The railroad situation has not in nuyS way been dulled in its brilliant outjl look. The Western Pacific has becafi officially promised cnmplolion botwetnfi this city and San Francisco by nextTjl September. Tho Moffat road is heingW pushed as rapidly as "ossible from DenJjf. vor to this city, with tho beginning!! of actual work on it in Utah promiiedtj the present year. This road will proWj ably give tho Rock Island direct Bc-j! cess to this city. And tho Burlinjrtorijl must al6o como. and the Chicago Northwestern, and tho Chicago, -Mill waukce & St. Paul, so that thoy cap gefl the advantage of the thousand milejG baul of passengers and freight between Salt Lake and Oma'nn. and tho choic of four lines to tho Pacific after (jet-? ting here. .1 The week in this citr has been ona of good business activity, with banlcw clearances reaching out nearer to1 tholl figures of a year ago than those of lham week before. The markets are welltl stocked with seasonable products, andM early fruits, and tho tradesmen araji' kept busy supplying the various andff largo demands of our great and tottjJi ing population. Ml In the Slate at large, th abundant,-! rnoisture of tho winter has apsured snc-la cossful operations, and therefore th&M spring has opened with every appearyjl ancc of starring one of the most. proI lific agricultural seasons ever known inl Utah. Tn the country at large the Easter) trade quickened the dullness and bast' toned rotail distribution. But on tho whole, tho recovery from the lethargy imposed by tho currency stringency still holds commerce, financo and induiP try in its grasp. The most that can it said is that this strangling grasp iii loosening, and that there are increas-j ing signs of industry and businHJj gradually gaining on the situation. Ths commercial agenc reports are constant! in reporting this gain. Ono of tho piarked instances on the road to recojgl ery is tho gain in production, of phS iron and the orders for structural sfeelffl In tho readjustments of labpr priecH and prices of raw material, howeverM there is continual frictiou, and the advance ad-vance is not all along the line. The stock market has shown inb slantial gains, based to a considfria'bls extent on tho unusually favorabla crop reports; but the crops have Jij to pass their critical stages, and there is much uncertainty in the stock niatj kot. But with the growing prospects of good gains, there ought to be a snljj stantial progress made in, the next tiw months, toward a return to the old pre porous conditions. |