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Show BUSINESS AND TRADE. Business circles in this ciiy were enlivened en-livened in the first days of the week just past by the presence of the conference con-ference crowds. Much trading was done, but by reason of the fact that the conference was so tame and tho weather so storm)-, there was not as prolonged a stay of the conference crowd as usual, and somewhat lcs3 trade than heretofore was indulged in by the visitors. Still, substantial sums were spent in purchases in Salt Lake, lo tho mutual satisfaction of tho buyer aud seller. "Prosperity Week" at the Chamber, of Commerce has been a great success. ' Tho exhibits were first-class, and that they were fully appreciated by the public pub-lic of Salt Lake is well attested by the thronged attendance every dny and evening. II was a great occasion, happily hap-pily conceived and splendidly carried out. The great building record of the season sea-son is keeping up in full activity, and tho prospect is Ihat (ho fine building record of last April will bo considerably consider-ably oxceedod the present month. Tho building record of the first quarter of the present .year was far and away ahead of any former figures iu the cit3-'s history. Keeping pace iu steady march alongside along-side of tho building activity is the real estate market, which maintnins itself it-self well, and alwajs accounts for good figures in the week's transactions. That it is good to own real estate in this city is well attested, tho latest convert to this gospel truth being tho New-York New-York Life Insurance company, which is about lo invest heavy sums iu this city in tho purchase of real estate and in improvements. Tho general business of tho citv shows up in fine form, with an increase iu bank clearances compared with (ho clearances of the like weelc last year of 67.3 per cent. This is a magnificent increase, attesting better than mere description can do. tho growth of the cit)' and Ihe increase in its goueral business. This increased population is fully attested by the fact that though dwelling places by the hundreds were erected last year and arc being erected now, no house is allowed to stand unoccupied; un-occupied; on Iho coutrary. Ihero is always al-ways a clamor lo get into tho new structure oven before it is finished. And none of tho older dwelling housea remains vacant, either. And this new population so fully proved to exist makes itself foil; in tho markets, in the stores, aud in the general industries of the city. The mining operations of the Stale aro incomparably bettor off, now thnn the)' wcro at this timo last year. The mines aro responding nobly in (ho production pro-duction of ore. And tho facilities for tho reduction of all tho ores offered arc increasing all the time, both in extent of capacity and in thoroughness of work. A recent railroad rumor speaks of the probability of tho Santa Fo railroad taking hold of the Tonopah project and building from the West coast to Tonopah, and from Tonopah to Ely and thonco to this city, 'with a view, as suggested, of meeting Ihe Moffat road on its ontranco hero. If tho Santa Fe would, 111 fact, put in a. track, as suggested, sug-gested, from tho coast to this city through the Mono Pass, with torminnl iu San Francisco, it would havo tho most direct and speedy route to (ho const of any road botween this city and Tho Bay. The news from the Moffat road is" immensely encouraging. Mr. Moffat announces in Denver that ho has completely financed tho road, and that he will push it from Steamboat Springs, the presont terminus, with duo rapidity onward to Salt Lako; Tho construction from Stoamboat Springs (0 this city will bo largely through valleys, first, down the Yatnpa, then up the Duchesne, thence through the ridgo over into Provo valley, down the Provo, and through tho Jordan Narrows down the Jordan to this city. But eventually, eventual-ly, no doubt, this road will be built from tho vicinity of Kamas through tho range direct to this city, cither down Parley's canyon or Emigration ca 113-011. Iu connection with this railroad rail-road building, Mr. Moffat announces an extensive colonization projoct for tho Yatnpa valley, where he proposes to settlo 100,000 people within the next few years. J Tho season holds every promise of an excellent agricultural yield, and the presont indications arc for a better stock range than for twenty years past, although last year's rango was very good. There is an abuudanco of water in the hills throughout tho Stale, and some extensive projects aro in view for tho utilization of that water,-. including in-cluding reclamation and colonization projects, both this sido of the Wasatch rango and on the east side. ' The State is just waking up to its possibilities in this line. Most of the work is by private pri-vate companies or corporations, although al-though the Government has a huge $3,000,000 reclamation project to bring the water of Strawberry valley over into Utah county to reclaim about 70,-000 70,-000 acres of land in the vicinity of Spanish Fork aud Springvillo. This Government' project is being pushed with duo energy, but it will be two or three years before the work is. core -pie ted. The trade reports from the East are irregular, but thero is an optimistic thread running through most of thorn. The tariff revision is holding back a good many busiuess projects, because those who have them in view do not quite know how they arc going to como out with their products on the tariff schedule. However, indications aro that tho presont tariff rales will not be very seriously interfered with, and that the disturbances caused by the revision will be at tho minimum. It is too early yet to forecast much about ihc season's crops, but thero is necessarily a keen interest in-terest in them, because upon the harvest yields the restoration of prosperity very much depends. Thero is an abundance of money in the country, the gold shipments not amounting to any great figure. And as capital keeps out of "the street," the stock market does not absorb much money, nor is there much disposition lo invest in railway securities at present. But the strength of the country is revealed re-vealed in its ability to keep money at home, nnd to invest it in safe manufacturing manufac-turing and specula tivo directions. Bonds arc a good feature, and sell well, and there is a great deal of capital going into irrigation enterprises all over. tho country, into mines, and into productive produc-tive developments of every sort. The country appears to bo on tho upgrade decidedly, although tho process of recuperation re-cuperation is slow and the steps are taken with caution. But we have full faith in the abounding vitality of the country, and believe that tiie restoration restora-tion of the former flood-tide of prosperity pros-perity is well assured. |