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Show BUSINESS AND TRADE. The opening of the Western Pacific, tho first through passenger train arriving arriv-ing from San Francisco on Friday, was tho noteworthy ovont of the week. The inauguration of this new service will be of immeasurable benefit to Salt Lake City. Tho railroad traffic is heavy. There is much demand for freight transportation, transpor-tation, and in general the roads are taxed as novor before to carry the business busi-ness offered. The gross earnings everywhere every-where are far in excess of former .years, but net earnings almost universally show a decreaso on account of heavier, operating expenses. In this city trade has been rather dull for the week, as it has been during all the sultry period; still, a large business is done, heavier than ovor before, by reason of tho increase in population and in tho magnitude of transactions. Money is somewhat easier and loans readier to obtain. Tho building activity continues, this being especially manifest in tho Kearns building and in tho Utah hotel. A number num-ber of other fino business structures arc going up, and the building of dwelling dwell-ing places is active and general throughout the city. Tho report is that Mr. Ncwhouso has fully financed his new hotel on Main and Fourth South stroots, and that work will be pushed immediately thereon. Tho real estate market is lethargic as usual during tho summer months, but tho, outlook is encouraging for a good trade as soon as tho coolor weather sets in. A . good deal of inquiry is noted and .examinations of properties aro frequent. Nothing could better illustrate the optimism of mining circles of tho State, optimism based on sound physical mine conditions, than tho extensive programme pro-gramme of installing new equipment, whilo tho rumors of mining deals from practically all tho camps of Utah demonstrate dem-onstrate that tho presont dull times arc boing taken advantage of for getting the mining household in .order for better bet-ter and greater things in tho futuro At Bingham tho Utah Copper company com-pany is enlarging' its mining equipment, and tho large mills at Garfield and tho Garfield smelter ub .well, aro having their enpacity increased practically double. Tho Daly West progrnmmo of consolidation for Park City mines is understood to be well advanced, and following closely upon the news that tho Daly-Judge's new pumps had al- ' ' 4 lowed entry for the first tiino iu years to the 1(300 level, whero tho lime and quartzite conic into contact, ia the assurance as-surance that the Daly West management manage-ment had broken into ore on tho 1900 lovel. All over tho Stato the mines arc being shaped to lako tho best advantage ad-vantage of tho increase in metal prices deemed logical with the improving industrial in-dustrial conditions. Thero is no doubt of the sincerity with which tho big copper producers aro following the plan of curtailment. Tho copper situation has brightened so materinllv that the interests which, a few weeks ago, were vigorously demanding de-manding a reduction of copper output, aro toda- wondering with something closely akin to alarm if wc are not on the ragged edge of a copper famine. In view of tho numerous large producers produc-ers soon to begin operations, a famine is hardly likely, but tho wisdom of distributing dis-tributing tho surplus of tho metal before be-fore this new production is available is commended by tho world, ' Eastern stock market conditions as a general rule present a satisfactory strength, but repeated warningH are given to go carefully, not becoming a j pronounced bull or bear, in view of the fact that tho markets arc about equally balanced, littlo of good or bad news being neodod to influence the action ac-tion of securities. ThoSalt Lako stock market is gaining strength slowly but healthfully. Tho harvest throughout tho Stato bids fair to be fully up to if not above the normal. Tho yield of tho dry farms is especially encouraging, this encouragement encourage-ment being particularly lively in view of tho fact that the dry farmers wcro very despondent until they began to harvest their grain. Then the 'ield showed well, and dry farming will have a boost from tho operations of this year that will send it strongly to tho front. For the argument is, if in a long, hot, dry season such as wo have had this year, dry farms do well, they would certainly do even better iu an average season. Tho ranges have been good by reason of the fact that the early precipitation was ample and tho grass and forage got well started before the drought sot in. In the country at large, crop reports re-ports and fall jobbing trade show coincident co-incident improvement. With tho better bet-ter news from tho harvest, trade of evory kind looks up. Both corn and spring wheat are snowing up better than was expected a month ago. Reports from leading industries show little chango. Iron and steel aro quiet with restricted production, and there is a fair demand for structural supplies, with no further declino in quotation. The tone of the (Ivy goods market is better, especially with shippers and selling agents, but business is still limited. Cotton good6 and cotton -arn aro firm. Business in wool firsts and worsteds is of a moro limited character, although al-though thero is moro agreement regarding re-garding values. The manufacturers seem to be having prices pretty much their own way. Industrial operations aro fair, though some fear of strikes is manifested in different parts of tho country, and in various of the productive employments. The metals continue firm, with rather a dull market, silver being a shade better than last week and copper on the gain. In Wall Street there have been some signs of strength during tho wook, but this is quickly followed by the reactionary reac-tionary tone and by threats of depression depres-sion and weakness. On the whole, tho country is in a fairly prosperous condition, and bust ness nnd industries will doubtless see a good Tear. |