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Show BUSINESS AND TRADE, The stonn of Friday, which looked as though it were ending yesterday, has undoubtedly done groat, good throughout the State, especially to tho dry-farming interests. Jndicatious arc that tho clearing up of the storm will not bring scvoro frost, reports from the fruitgrowers being optimistic, and as all are on their guard against a sudden freeze, should .such t.hreutcn, tho chances are that the fruit will escape damage at this time. Passing through the city the past few days have been thousands of Mystic Mys-tic Shrincrs, whose presence has been welcome, and whose entertainment has been a stimulant to trade. In spite of the stormy weather, merchants mer-chants report trade in excess of last year. The prospects for a big spring trade are excellent. Trade is reported good in nearly all Jincs, and collections easier than usual, fash sales are greater great-er than the average. Outside trade with local houses is steadily increasing. increas-ing. The amount of building that has been done during the past three weeks is surprising in view of tho unfavorable weather that has prevailed most of the time. Rapid progress has been made on the addition to the Utah Light & Railway Company's Jordan River power plant, excavation being now complete com-plete and about two-thirds of the piles of tho foundation drivou. Thet plac iug of the content foundation will begin be-gin tomorrow. Work on tho Walker skyscraper and on tho addition to the VUib Hotel has been pushed with en orgy and visible results. A number of new dwelling houses havo been begun i during I ho week, principally in resi deneo subdivisions. Work on apart inent houses and business buildiugs under un-der way is making aa good headway as could be expected. In the realty market, the chief transaction trans-action of tho week was the sale of tho Aucrbach Main street property to William Wil-liam II. Mel n tyro for $207,750. A gon-oral gon-oral improvement is noted in tho realty market, but for the most part tho sales arc for comparatively small amounts. In oxplauation of greater activity in tho market, notwithstanding weather condiliona unfavorable to displaying properly, it is said by dealers that homo people arc slowly realising wnat visitors aro quick to appreciate that Salt Lake has a wonderfully healthy climate; that she has a good water supply; that millions haVo been expended ex-pended on public improvements; that her advantages as a residence spot arc superior to thoso of other cities that aro -widoly exploited for their desirability. de-sirability. .It ia assumed by doalors that tho continuous boosting by the press has finally awakened homo peo pie and that the market has thus been stimulated. Tho chief transaction in railroad cir clea during the week was tho approval by the stockholders of the Denver & Rio Grande in their meeting -at Denver Den-ver on Tuesday, of tho propoaod bond iasuo of $25,000,000. It is stated that $10,000,000 of this amount will bo spent on tho line in Utah in reducing the grade at Soldier Summit and double-tracking double-tracking the lino between here and Grand Junction. Henry ('. Null began on Wednesday his duties aa General Manager of the Salt Lake Route, succeeding R. E. Wells, resigned. Special traius bearing Mystic Shrincrs Shrin-crs on their way to Los Angeles havo been numerous, and made things lively during the week. Before leaving Salt Lako City for tho north ou hYiday, E. P. Mathewson, general manager of tho luternatioual Smelting Company, stated that tho plans for tho third furnace to be installed in-stalled at tho Tooolc lead smelter had boen scut East. Word that those plans have bceu approvel is expected shortly, short-ly, and the increase iu capacity will then bo provided without delay. John D. Ryan while hero staled , that this improvement was plauued, for the smelter, he stated, was giving complete com-plete satisfaction in every way. Several hundred employees of the American Smelting company at the Murray Mur-ray lead smelter went on strike during the week, and the smelter has boen closed down. The smelter officials do not seem likely to increase the wages of the men as demanded, so the end of the trouble is not yet in sight. The closing of this plant will affect the large shipments of lead ore from many Utah producers, some of which aro the largest of the State. The feature of the metal markot during dur-ing the past week was the splendid advance of silver to 61 'i cents per ounce. This was the highest price iu over five years, and it held for two days, receding to between 60 aud 61 cents towards the latter end of the period. Copper prices are holding firm, tho market having been . without any feature, fea-ture, and little or no copper news coming from the metal centers. In the interview with The Tribune, Mir. Ryan on Thursday stated by implication implica-tion that the existing copper prices were satisfactory, and that, higher ranges would not be to the interest of the industry. The past week was one of heavy snows in the mountains, which interfered in-terfered much with ore shipments. The snows, however, are worth a great deal to tho State, and tho mining men will rojoico at tho supply of water during tho summer which nature is now storing in the hills. Stock market conditions have been unusually buoyant for several days, the reaction in the East coming on Friday, when the interests which havo been inclined in-clined to the long sido of stocks suddenly sud-denly reversed their position. The pause is welcome generally, for general industrial conditions as yet. hardly justify jus-tify too much of a booming stock market. The general commercial agencies re- Cort advance in industrial activity to o slow, but trade incroases. The arbitration ar-bitration agreement between the railroads rail-roads and the engineers ih a hopeful feature. Expansion in bank credits, especially in tho West, the largo output out-put of new securities in April, the notable not-able demand for steel products and cotton cot-ton and woolen goods, and the statistics of traffic and clearances all reflect a growth of business that is encouraging. encourag-ing. New demands in iron and steel have diminished, following the advance ad-vance in prices; but mills generally aro booked ahead practically to capacity capac-ity during the second quarter of the mention is made in the reports of any set-back to business because of the great floods ou tho Mississippi river. Wo conclude, therefore, that these were negligible in tho tremendous tremen-dous mass of trade and industrial operations oper-ations that aro reported. Optimism is apparent in most sections sec-tions ojt the country. little regard being be-ing paid to the political turmoil. Outdoor Out-door work is more active, employment is absorbing Burplus labor, thfK steel industry i3 operate sH ly, and strikes relatively tH The Boston wool market riMB a moderate amount of bn;iMB included a wide variety oftijB domestic aud foreign. PrictiJH lie change. New Utah kosIH ed as moving on a clean cents. Now fleece nooh ttiB cd to open at about 26 cotitiH tor and thrco-cighths combirQiH sibly 27 cents for halfblool tH Considerable activity it rifiH the stock market, with VetltfB tion on solid trade than foriliH past. iH There are ups and down'jH Chicago wheat pit, Eomeiita'K ports of damage to ths m'tleH then recovery on tho fcihlH damage, and then advatt( iiH again in anticipation of lupH demand. yM There is abundant monjj JjH country for all Icgitirostj UH for soinc speculative p'Jn.us.H the whole there is eood nunH forward to a prosperous .TtlM; ncss. - MM' |