Show 1935 Full FuJI of Promise i As Utah Industry Shows Sure Signs of Revival 4 B Business siness Leaders Optimistic Expect Slow v J but Certain Recovery Public Developments Developments Devel Devel- O Are Big Big- Aid By JACK THOMAS I Salt Lake City and Utah stand on the brink of a brighter economic economic economic eco eco- day as 1934 becomes history and all e eyes es turn toward the promise of the model 1935 New Year Leaders in all types of industrial agricultural and business ac activities activities ac- ac join in citing the encouraging outlook for the coming year yeara a I survey shows I The road ahead may have its rough spots and there is a possibility possibility pos pos- minor detours may be necessary is is admitted but many sign posts point the way toward better times Guideposts Point to Better Times Among the guideposts which have recently gained prominence AT t 1 Increased employment in private industry 2 Greater volume of retail and wholesale sales 3 Indications of renewed construction construction con con- activity 4 Promise of industrial expansion ex cx- and mining development f 5 5 Break in the severe drouth which has stricken agriculture and the livestock industry 6 Growing tourist trade 7 Assurance of more nearly adequate culinary and irrigation water supplies 8 Rising prices for farm prod prod- 9 Easier Euler credit as bankers seek zeek to make loans 10 Fre Freedom dom from threat t of ot Not that prosperity is just around the corner The feeling is apparent among business business bus bus- iness mess men that the around the corner corner cor cor- ner ncr philosophy has been wrong and that there will be no sharp corners on I Ithe the return to an entirely new level of e economic on life from the depths of 1932 Instead business leaders point out that the recovery return can be portra portrayed portrayed por por- tra ed as a gradually upward sweeping sweep sweep- jag ing curve along which the nation is moving with steadily increasing mo mo- The net result at this stage of oC the game is something over which can show real ureal enthusiasm according accord accord- ing lag to Gus P. P Backman acting state The promised development of of Utah's tremendous tremendous' al aluminum minum deposits de de- posits is most heartening for with the opening of the alunite area will begin a new era in n the exploration of Utah's practically unlimited supply of r minerals M Mr B Backman pointed out that in all probability the coming year will see realized the efforts to complete a apra pra fc c cona ns' ns x not all aU the water resources of the state slate inauguration inauguration inauguration ration of which will guarantee to agricultural agricultural ag ag- ag- ag l interests in Utah an adequate ade adequate ade- ade quate water supply under all conditions condi and the water necessary for industrial development During the past year tourist travel into Utah Ulah has far exceeded that of or any ol other er year in the states state's history Mr Backman continued The Salt SaIl Lake City Clear r House au association reported clear lS of I 63 3 during U the e first iI Ii I I. I I 1 j I immediate labor troubles and strikes 11 Revision of the industrial recovery setup to combine promotion promotion promotion pro pro- motion of individual initiative with regulations to protect both the consumer and labor as well as to prevent unfair competition 12 Last but far from Cram least the growing confidence of the general citizenry rich citizenry rich and poor laborers and capitalists doctors farmers and housewives and government government gov gov- officials that officials that come what will the United States Utah and Salt Lake Cit City are climbing out of the mire of the past few years ears Real Prosperity Will Come Gradually recovery administrator Such enthusiasm can be predicated and founded upon a vcr very tangible tan gible basis Mr 1 Backman explains The Th year 1935 should bring t to J Utah a mineral development exceedIng exceeding exceed ing any activities which the mining industry has experienced experience L Of necessity necessity sit sity the increased value of silver has reacted most favorably and with the prospects for the development of better better bet ter prices for or lead and copper miring mining mir min ing activities will experience a real upturn in 1935 Steps are being taken to develop coal processing thus insuring the production of a smokeless fuel and andall andall laIl all the development o of b products by-products for which there is already established a ready m market Utah Has Great Mineral Wealth The liThe development program being undertaken by the federal government government govern govern- ment to popularize American scenic centers will probably bring hundreds of thousands of tourists to Utah during during during dur dur- ing the coming year and these visitors vis upon leaving the state will encourage encourage en en- courage thousands of others to visit Utah and enjoy its ils scenic wonders and re recreational advantages The UThe state stats of Utah will be recognized recognized this year by the federal federal gov government gov gov- as the hub from which the Pacific coast will be served Close proximity of oC Salt Lake City to all ll Pacific coast points has been recognized recognized at last and the fact that all transcontinental highways air lines and railroad lines radiate from Utah is being Ing rec recognized This will unquestionably unquestionably un un- questionably provide a premise for tor-a tor a number of major developments Future Is S Seen en for Great Industries Here Further reco recognition by the the- business business busi busi- ness interests of America that the United States is now definitely facing fac Lac jag ing west will if iC not during the coming coming com com- ing year within a short period bring to the intermountain area rea particularly particularly to Utah factories of all types for the tha production of what is required for the entire western coast and the I Asia Asiatic c trade particularly in such fields as woolen goods and shoe manufacturing roan mane and the processing of min These activities will vilI provide employment for foe thousands of per per- Sons The recovery administrator also cited other possibilities of early industrial in in- expansion The development of phosphate alt and other minerals which lie in unlimited quantities in the salt de deposits deposits I de-I de- de posits of Great Salt Lake may begin during the coming comin year The flow of natural gas in in eastern Utah may be harnessed Helium wells may prove a source of oC tremendous wealth to the state as may may also the development of a hundred and one other resources s lying within the state practically un un Un- touched With these facts in mind the people peo pea pIe of Ut Utah h may lo look k forward to 1935 with enthusiasm secure in the knowledge that their state slate will continue continue con con continue to develop and provide as always al at ways way the most delightful place In which to live Turning to the operation of the state and national recovery acts here Mr Backman pointed out they have contributed gre greatly to the development development development develop develop- ment of a better understanding between between between be be- tween employers and and andl better cooperation between competitors 1 tors tots to the thc best interests of the Industry Industry industry in In- as a whole than have ever before before before be be- fore existed in Utah The liThe lessons learned by all through cooperative action under codes will reflect to the advantage of the state stale by making more more possible a c opera opera- cooperative operative t tive ve arrangement for the development of all our resources Mr Backman declared Cooperative Development Speeded in Utah The state recovery administration has codified 47 industries since September September Sep Sep- 1933 and in only one instance in- in stance atance has a code been cancelled after once being approved Stricter enforcement of national eod codes looms in Utah for 1935 accordIng according accord accord- ing t to A A. A. A Kinney y N R a A compliance compliance com corn director here Thirty six national code setups have been authorized in Utah and every effort will be made to perfect compliance machinery Mr Kinney l a aid id Washington advices are that the N R Nn R A Is being reorganized and will be extended b by congress As far as Utah is concerned I do not know of any codified group which would like to see its particular ular code abandoned TWO blue cagl eagles s were lifted from Salt Lake City concerns during re recent recent re- re cent months for alleged code Violations violations Violations Viola and it is reported others will follow as the compliance drive continues con con- Indications of Increasing reemployment reemploy reemploy- ment in private industry are seen Inthe in inthe inthe the records of the National Reemployment Reemploy Reemploy- ment service here The N R It S placed persons in private industry in Utah during the first ten months of 1934 and George A. A Yager state director director director di di- rector of the service admits this is only a portion of the number in private activities during the year The active file of the N R It S reached a peak of job seekers on February February February Feb Feb- 24 24 1934 but this total has been dropping steadily since and at the close of oC the year was less than Public Works Reduce Unemployment Placements by the N R S were 2 24 2 MO from August 1 1 1933 till January i If lr 1934 1934 nearly all of which were on public w works of some sort During the the first ten months of 1934 total placements were including 23 23 on C W A during the early months on public works 14 14 54 in private industry and since July I 1 1 2769 on Sn state road work o S The F FER E R A meanwhile has been employing an average of p persons w weekly ekly so private pr-ite industry still has 4 long distance to o ogo go in taking laking up the reemployment slack Business statisticians plotting recovery recovery recovery re re- re- re covery tr trends report that 1934 was the he best beg year since 1931 in inmany many fields I 7 of activity and th that thit t pres present nt des cies des should should continue continue on coming coming com como ing year I Evidence of increasing retail sales is seen in state sales tax collections I which increased almost 60 per cent in October and November as compared com corn compared pared with the same months of 1933 Collections Collections' of 10 in October October October Octo Octo- ber 1933 jumped to 34 durIng during dur dur- ing log the tho same month of this year November November No No- vember collections in 1933 were 97 97 79 79 as compared with 21 in 1934 Fair comparison cannot be made between n earlier e months of the two j cars because the per cent sales tax ax did not taKe effect until August 4 1933 Bank clearings another reliable Indicator indicator in In- of business activity showed a healthy increase iI in 1934 i Bank Clearings Show Healthy Growth I mi 1 of 1934 1934 an increase of or nearly SCOT o J the cv over same of 1933 Total clearances s through ih Nor No No- r I 4 i vember in 1934 1 were greater than those in all of 1933 1923 or 1932 In Ogden Utah's second city bank clearings jumped nearly 20 per cent during the first nine months of at 1934 as compared with for or the same period 1933 Bank deposits also increased materially materially ma ma- during 1934 Indications arc are that income tax collections collections col col- col l for tor the present fiscal year will vill be higher than for the year ear ending end end- ing lug June 30 30 1934 according to state tax commission officials Collections for Cor the past fiscal year ear in turn were approximately or almost higher than the amount collected col col- col during the fiscal year ending June 30 30 1933 Jingle of money in the pockets of ol is leading them to spend more money for gasoline asoline too for gas tax collections totaled between between between be be- tween July 1 and November r 30 of ol 1934 as compared with for the same period of 1933 During the first 11 months of or this year new passenger car sales were as against for the thc same period pe pe- pe nod of or 1933 and pew truck sal sales totaled totaled totaled to to- 2300 as compared with 1113 in 1933 Retail Sales Increase 15 Per Cent in 1934 I I Numerous businesses reported encouraging en en- increases in their lines and executives are arc optimistic for 1935 Retail sales In Salt Sail Lake City department department de do- stores averaged 15 per cent higher in total value during 1934 1 than 1933 it is reported while the number of transactions also alro increased The lumber trade did almost double 1 its 1933 business during 1934 Wholesale grocery concerns report I dollar sales are up 12 to 15 per cent Salt Lake City topped the nation in per capita sales of electrical ap ap- ap- ap Renewed construction activity is seen from operation of the federal c leral housing lousing administration not only in sponsoring modernization and repair work but also in guaranteeing mortgages mortgages mort mort- gages ages for new home construction I Several business concerns have announced announced an an- plans to enlarge or build new establishments Continuation of P W A activities also will aid the construction construction construction con con- industry Major among the Indi indications of industrial industrial in in- expansion is the announcement announcement announce announce- ment by the Bohn Aluminum and Brass corporation of Detroit that it will spend at least developing develop develop- ing the alunite deposits near Marysvale Marys Marys- vale Utah seems virtually assured the chemical plant which will change alunite to aluminum oxide will vIll be located here and local interests are bending every effort to have the elec dee tro metallurgical plant which will extract extract ex ex- ex tract the metallic aluminum also situated situated sit sit- here It II is estimated the new Industry may employ men of Great Salt Lake Would Be Boon I S Development of at cheap power is seen as the keystone in Utah's furher further fur- fur her ther industrial growth and considerable considerable considerable consid consid- erable attention is is being given to pl plans plans' ns' ns for the pro production of such power among the proposed projects is s that of Great Salt Lake to form a vast fresh water lake east of Antelope island Such a project its sponsors maintain will provide vast recreational facilities as well as abundant abundant abundant dant water for the production of cheap power Such power it is pointed out also will make possible refining here of the products o of U Utah's ah's mines and smelters Increased prices for silver siler and gold proved of or some benefit to the states state's mining industry during 1934 but furher further fur fur- her ther revival of this important activity lit in n Utah awaits improved prices for tor Tourist travel in Utah during 1934 wa was th the best in years years' and indications are 1935 will see an even larger number number number num num- ber of travelers vis visiting lUng here to see Utah's unrivaled scenic wonderland and historic Salt SaIl Lake City More than persons visited Zion national park during the past year ear despite the rough road from Andersons Andersons Anderson's An An- dersons derson's ranch to the canyon canon and 51 visited Br Bryce ce Canyon national park jark These totals were 40 per cent higher than those of 1933 With improvement of the road into Zion canyon from the west officials at the park look for visitors during 1935 Salt Lake City with its unique hi his his- Efforts 0 are getting under way to tomake tomake tomake make the Wasatch mountain region near Salt SaIl Lake City a winter sports mecca for the entire west The conclusion is growing growing that development development |