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Show BUSINESS AND TRADE. Tho work of tho contractor in put-ling put-ling in tho high lino water pipo from City ercok that will roinforco tho wholo city -water supply and bo of special advantage ad-vantage to tho rosidontB of tho Fourth ward, it? to bo pushed with the utmost diligence. Qther public work ia also in good form, and on view to everybody's delight. A feature of tho weok was Iho throwing open of tho newly paved Ninth East street, which transforms it into a busy city thoroughfare. .Businoso conditions continue to show improvement. Money is ensior and col-leetiono col-leetiono aro reported au unusually g'oo'd. Tno cooler weather has' stimulated ro-tail ro-tail clothing trado and tho hardwaro trade also benefits .by I he sumo. The building activity is being cxertod specifically toward tho completion of the large numbor of buildings that aro oitbor oncloscd or well on. the way to enclosure. The cUcrior of tho Kcarns building hao been completed, and tho Utah hotel oxtorior is also ncaring completion. com-pletion. Other businoss buildings aro advancing rapidly, und the hundreds of dwelling plncos aro being pushed with dispatch so as to avoid tho oxpectcd storm3 of tho fall and early winter. Tho real estate market continuos ac-tivo,. ac-tivo,. especially in rosidontial property, but no large deals were reported during tho week. Tho gonoral business of the citj is in excellent form, strong and active Tho bank clearances of tho wock show a gain of almost ten por conl over' tho corresponding week of last year. Throughout tho Slato tho influence of tho good crops and high prices for farmers' and stockmen's products, have made money plenty and tho peoplo of the Stalo arc in cxcollont financial condition. By far the moat striking fealuro of tho week in miniug was tho action of tho New York and Boston stock markets which, undor the lcadorship of the cop-por cop-por insucH, scored gains of . several points. Thero wns an oxtonoivc short interest lb,a't greatly assisted the upward up-ward movomcul, aud considorablo outside out-side buying of stocks was roporled. The improvchiont in tho metal situation, copper especially, has served lo convert con-vert man3' strong pessimists, and whilo reactions niarkctwiso aro suro to come as usual, the trend upward i8 tho only one picked out for stocks undor existing exist-ing conditions. By -way of illustrating the betterment in copper, mention could be mado of several new coppor companios which havo succeeded in finnncing their development de-velopment work and mino oquipmont .by the sale of slock or the placing of bonds. Such a thing would havo been impossiblo hvo months ago, aud it proves that tho' uhdcrb'ing ?financial conditions are stronger thaninc would believe from tho bearish 'predictions during tho summer. Locally, the mining situation is quiet. There is no question that plenty of capital cap-ital is available, but there is no inclination inclina-tion to place any of it in mining until industrial conditions grow brighter. There, perhaps, was never a moro ideal opportunity for mino investment than toda3'. Properties aro held cheap by tho owners. Metal pricos aro very satisfactory sat-isfactory and gaining in strength right along..' Whilo there have been failures in mining, our own city stands certainly as one convincing argument that there havo been successes as well. Unless the mental attitude of men of means changes within tho next sixty days, there will be an extensive forfeiture of rights in unpatented mining territory which in time will bo occason for much regret. . Silver ends tho week particularly strong. Copper shows a small but stub born improvement in price, aud lead is considered at Iho bottom. |