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Show BUSINESS AND TRADE. .' On Friday evoning tho Board of Public Work's of this city let a contract which onibracos tho largest singlo item of improvement ever undertaken for tho public in the history of tho city, save only the construction of the joint City and County Building. This was tho letting let-ting of tho fitroot paving contract for 191.72.1.02 for paving Second West street' from Third South to the Warm Springs.' The' exfonsion is ton blocks long, and is known as oxtension No. 157. The contract requires that it be finished within ono yoar. It will require re-quire "an immense amount of labor and material to comploto it. Tho sultry wen flier has 'imposed tho usual summer lothargy upon business enterprises, but the building of business blocks and dwelling places' is being pushed with vigor and energy, this being specially noteworthy in the Kearns office building and the Utah hotel. Vigorous .building construction construc-tion continues throughout tho city and is, as heretofore,, largely devbtod to tho construction of flats and bungalows. bunga-lows. . In foal estate, dealers report, quiet conditions, which are expected to continue con-tinue through the. month; but maio' inquiries aro roported. and these are taken as fororunners of activity in the fall. Investors' .arc taking n'oticc of dosirablo properties and with the coming com-ing of Cool wcaihor it is expected that there will bo a good, lively real estate market. General trade conditions in tho city arc fair, with lively demand for all I'nrmc nf lnnrr-lm vi1 icn ,.n..t-,.l 1... 41..-. large incoming of new population. There is little chango in tho money market, cash being still held close and lent only ou first-class securities. The close policy of tho bauks with regard to loans is having a bad effect on tho bank clearances. In the railroad world, the question of first importance is the pending opening open-ing of the Western Pacific. To effect this wc have tho great gathering here of Gould officials to arrange plans and ma i) out tho passenger train schedules. The new union station is to be occupied on August loth, and the passenger train schedule will begin operation on August Au-gust 22nd. Tho first train other than freight trains on the Wosteru Pacific will be. a special arriving from San Francisco on August 19th, bearing railway rail-way officials and newspaper men. The visitors will be locally entertained iu congratulations and sightseeing. The next day, August 20th, they will be joined on their return trip to San Francisco Fran-cisco .by local newspaper mon and officials, offi-cials, who will go to San Francisco bv a daylight trip. The Oregon Short. Line is operating two additional branches, one to Hollis-ter Hollis-ter and Rogorson in Idaho, and the other to Homestead in Oregon. President Presi-dent Lovctt is going over the southeastern southeast-ern portion of Oregon looking over the proposed routes of new lines through that section. All of tho roads are enjoying en-joying hca'3' traffic, and the electric The opoiiing of the intorurban to lidvale and Sandy on Monday was eclobrated at- Sandy, and the company brought the band from thero into this city. Travel on this new line has boon unusually great, tho people flocking from there to the city to enjoy the opportunities op-portunities for choice in bargains and the amusement places, tho frequent cars and low fare making this easy. In the mining field tho progress has been goou during the week, the production pro-duction of the mines having been fully maintained. The coming week promises to bo an important one in mining circles, for the management of the International Smoking and Refinipg company will place its first rcverboratory furmieo in commission, beginning tho actual smelting of copper ores from Bingham and other sections of the West. This smelter boing one of tho largest in the West, more than compensates for the closing of tho Yam pa plant at Bingham last week. On returning from the European conferences con-ferences of copper representatives of tho world, President Ryan of the Amalgamated Amal-gamated Copper company spoko very optimistically rogarding tho outlook for copper and trade generally. This cheerful cheer-ful view fits in nicely with the prevailing pre-vailing impression that copper curtailment curtail-ment will shortly reduce the surplus, bringing copper back to a normal and safer condition again. Sales of the metal during July excoeded any month for tho present year, and tho results of the August operations aro expected to bo decidedly bulh'sli on coppor and copper issues. There .never was a time when reports from Utah mines spoke moro encouragingly encour-agingly of underground conditions. Production Pro-duction is boing maintained at a liberal rate, and the hundreds of thousands of dollars being spent this summer for new mining equipment reflects a m.ost favorable situation. The old camp of Big Cottonwood especially is making history similar to that of the earlier days, and this camp is moro active than it has been for a great many years. Business romains very quiet on the local exchango, trading being confined entirely to a fow specialties of inviting invit-ing character. Tho readiness with which tho nubile plays these few stocks on sufficient provocation shows what good news will moan to several of the companies now seeking new ores in their properties. Throughout the State the extreme dr' weather has had a doprossing effect ef-fect upon the production of vegetables, but fruit, grains, and potatoes will show yields above the normal. There appears ap-pears in fact to be ample moisture for all ncceKsary purposes and this is especially es-pecially evident in tho astonishing production pro-duction this year on tho dry farms. Groat, yields aro reported -from these farms, that havo had no irrigation water whatever upon them. Tho general reports throughout tho country show trndo and business to bo quiet. Tho beginning of harvest, however, how-ever, has enlarged tho jobbing demand and has made a great shifting of cur-renc3' cur-renc3' necessary in order to., buy and ship the crops. Jobbing excursions aro getting to be the fashion, the object of these being to expand the trade for tho various cities -that send them out. Retail trade- is' much confined to clearance clear-ance sales of summer goods at concessions, conces-sions, tho-fali buying has begun, but its full strength has not yot developed. Building returns for July show a heavy decrease compared with a year ago. much of this being 'accounted for by. tho reduction in New York. The low condition report on cotton caused a price hardening of cotton goods and yarn markets. Curtailment of production has.. become, severe and this also causes .advance in pricos of cotton goods.' ' , Pig iron production continues to diminish, di-minish, but the demand for steel products prod-ucts and particularly for wire, pipe, and structural materials is large In tho metals, copper seems to bo righting itself nobly, but silver has fallen off materially. - Somo activity is roported in the stock markets, but on tho Svholo Wall street continues to bo the weak featuro of our financial situation. The crons are turning out hotter than tho doleful reports re-ports for a time indicated would bo tho caso, and altogether there apnears to bo good reason to hope for at least a normal yield. This will unquestionably unquestion-ably help matters generally, .but the stock market will not. be relieved until the period of readjustment is ended and tho speculative, industrial and investment invest-ment stocks havo como under tho lawful regulating influence and the agitation about them has coased. |