OCR Text |
Show BUSINESS AND TRADE. Tho week just past has given Salt Lako Cily two striking events. Wo had first the Tri-Stale Good Roads Convention, Conven-tion, which was largeby attended l)3r rcp-rosontativo rcp-rosontativo mon from Idaho, Utah and Wyoming. Tho talk was mostlj' of a practical sort, with duo doference to exportness and skill. Tho resolutions, to be sure, fell. rather coldb' on the convention, con-vention, but doubtless better work in thnt direction will bo dono next time. The main thing, the important thing, was to. got the good roads work started on a solid, feasible basis; and this we think lias been done. The Utah state good roads organization is strong and doubtless will do good work for this State. Tho next event is something altogether al-together unique in this section the aviation neet Qf tho Frenchmen who wore so successful in making aeroplane flights in Los Angeles and San Pran-cisco. Pran-cisco. Thoir exhibition began j'ostorday at the fair grounds nnd continues today. It draws a multitude of spectators and is something so much out, of the usual jino that it draws multitudes of tho curious. cu-rious. , Tho general business of tho city is o" a strong, firm basis. The bank clearances clear-ances show nn increase of 15 per cent over tho corresponding week of lust ycar arid last year's figures were a magnificent mag-nificent gain over thoso of the corresponding' corre-sponding' wook the yenr before, Trade is well maintained for tho season, and cvbryono is waiting for tho opening of spring, confident in a year of great, business busi-ness activity and prosperit'. Every indication is that the building activity so supremely energetic and im-important im-important last year will bo continuod this year on equally strong lines. The plans' for now buildings arc numerous, jmd ombrnco everything from tho largest, business block to the modest dwelling. With tho opening of tho building season proper there wjll un questionably '"J u marvelous aum:u m this line. . Tho real estnte market is strong, yet active. Tho salo of the premises so long known as tho Park jewelry store is nn important one of tho week. The price is at the top notch. $3000 a front foot. The bii3'crs. already owning properly prop-erly adjoining that location, arc seeking seek-ing to eomnleto thoir frontage with a view of building a large, business block. Other sales also aro of good volume and the market is in excellent shape. The 'mining operations continue on a broad basis, tho mines being well man-aired man-aired and tho ore reserves well kept, up. Utah mines arc famous for their good management, for tho extent and richness rich-ness of their oro deposits and for their ability to turn out any quantity of oro that is callod for. The reduction facilities facil-ities in this valley aro being added lo all tho time, and all of the bost. modem improvements are availed of as they aro proved useful. Tho ore reduction facilities facil-ities here aro now equal to those anywhere any-where in the world. The officials of tho Salt; Lake route aro up and doing with respect; to investigating investi-gating nnd spilling upon a bettor routo for their great line between this i ty and Los Angeles. The common understanding under-standing is that the route down Meadow Valley wash will bo abandoned as impracticable. im-practicable. The successive washouts have demonstrated tho impracticability of maintaining a track in that gorge. It is understood that a thorough investigation investiga-tion of tho whole region thereabouts is boing made with a view of obtaining "the shortest and bost line. The Western West-ern Pacific is pushing along with cnergj' the preparations of installation of regular reg-ular passenger service between this city and San Francisco. H takes time to arrango such an cxlensivo traffic scheme as is involved in the installation of this service, but of course no dclaj' beyond what is absolutely noccssaiy will bo had. Everything favors the idea of aii omincntl.y prosperous 3'car for Utah. Thero js ample snowfall in tho hills, far moro than the average, and undoubtedly the water supplies for' every purpose will bo ample." |