Show Ii I VOLUME OF TRADE AND INCREASE IN SANK BANK DEPOSITS AND d Ir SHOW THAT YEAR 1902 WAS SALT LAKES LAKE'S BANNER BUSINESS YEAR 0 0 0 0 00 0 0 I 0 r THE HE YEAR 1902 WAS SALT LAKE 0 0 1 Q 0 i CITY S BANNER BANNER- BUSINESS YEAR YEAR 0 0 Q BY W. W A. A NELDEN 0 r President tho the Commercial Club 0 I r i II l w Y 0 There Is no doubt but that the year ar 1002 1902 has hits been the banner business O 0 Oi i 0 year ar of the State of U Utah h. h There are ure many reasons for It lt The mines have 0 t e 0 been Peen pushed to their full capacity and many new as wen well as old properties o or r O 0 have ha ml made C n a The Thc new smelters In our valley have 0 4 t 0 been rend ready to take care of this added output and the thc bullion tonnage has 0 been greater than ever el Before c Th The Sugar Industry has grown to very 0 f J 0 large proportions and the corns com comics g year real will add greatly to the output by 0 0 the great Bear Dear River flyer plant now being built It is Impossible to tell of all 0 0 that has made l 1002 1902 h so o prosperous a year ear but out the business man knows s of 0 I G 0 the the Increase of his business and Is s satisfied There is much to encourage e 0 j E 0 in the past t years year's success and we should look forward to 1003 1903 with great 0 0 hope rope O Out Oyt t trade relations with the surrounding country should be mateI mate mate- 0 0 I benefited by the changes which new sew railway conditions will bring 0 tj 0 about b by byl the thc great mining developments de that arc attracting national national at- at 0 0 Ve Ye We are nrc following in tho wake of ot great business it activity We c 0 e 0 should take take lake advantage antaGe of tIC cr c every opportunity Vc We c should our fame Q 0 abroad In lr ill aJl directions and let th the people of this and other lands know that th 0 0 e Ut Utah has has more solid soH business s opportunities to offer offer in the ta way of or mines of oC 0 o 0 all et Including gold silver lead lend copper COPIer Ir Iron n. n etc than an any 0 0 G other r State in la the Union talon We Wc arc are anxious for new im Investors with push and mul 0 0 e capital We Vc wan want more manufacturing Ing Industries o of all descriptions We Yc 0 e 0 want to double the thc membership of the tho C Commercial club as already with 0 0 tho the pr present elt great questions have and will wm bo be handled that will 0 0 be of c gre great t benefit to all the p- p people of or this city and State Stat The members 0 I 0 of the Commercial cial club must all alJ remember that they ther arc personally rye re- 0 o 0 for tor the success o of this Institution that each I is a n mem member er of or the e 0 ec 3 0 c on In membership and ln if iC each cach i member ember cr will get one new new one W we 0 0 will Ill have a n club that can Ull undertake an any public proposition and bring It to 0 0 Issue We want members to this club that are aie willing to work 0 0 as is asi enjoy the beautiful quarters quarters we 11 have e and md the excellent lunches 0 o 0 that ar are served at so real reasonable le a n price The Influence of oC the Commercial 0 0 e club dUll during S' S the thc year ear l 1005 r e should be felt elt all over this and adjoining Sta States Stales le 0 e 0 and become such a po power er In this community that an any Important public 0 e 0 question can be settled ettIc without cell delay of ot an any kind as s all the people will be 0 0 represented and willing to work for the good g of all 0 0 President Nelden a en o of the e Commercial Club a Predicts Predicts Pre Pre- I diets Prosperous Season Sea Sea- eaSan ea- ea I son San in 1903 f and Explains Ex Ex- x- x r plains the e Su Success cess o of Period Just Closing OSIn At the thc close e of or every year ear for Cor a l de decade decade decade de- de cade or r more when Salt L Lake kc has hasI struck her annual balance she he has I found h herself r el o a notch or two higher upon up ou on the thc ladder r of ot financial success and business achievement ement The year of oC 1 1902 02 has been no exception to the thc rule and the record that the elt city has made male this year ear Is most gratifying to e cr every branch of Industry of or which the city boasts In of the fact that thc the year 1901 was a phenomenal one so 50 far r as business busi busl- ness achievements were concerned Salt Lake could have made mad a n. splendid and satisfactory r record cord this year without without with with- out equaling the thc record of last year ear but when it Is tal taken en into consideration that this years year's business shows a big increase over o last yV ar ar a a. fair fait Idea lIen can be obtained of ot the volume of ot trade for eo 1902 Barometers of Trade Pei Perhaps haps the thc best barometers of or trade are lre the bank bink deposits and receipts receipts re re- re- re of or a 11 city and each of these shows d ri substantial Increase over o last year car Th The b ba bank 11 ik deposits accor according ln to the most mast reliable data that can be tie obtained show ho hoan an Increase of or about over o last year ear and the business of ot the shows an increase e of ot over over in excess of or the record made in 1 1301 01 Fru Frank k Knox nox president of the National Nation al Bank of the lute Republic in discussing th the achievements of thc present year Ar from th the standpoint o of a 1 banker said to The Telegram Year Yen Was a n. Prosperous One The ples present nl year has been a most 0 0 0 0 0 00 0 e 0 0 0 00 0 0 e e 0 o 0 0 GR GROSS SS RECEIPTS RECEIPT OP OF LOCAL 0 th The gross rO 8 receipts or of the tho Salt Lake p for the 1 years or of 1 1 and 1 arc as 5 follows 0 o GROSS RECEIPTS 1901 1001 0 o 0 0 0 1 rn fn r 0 01 a p d go 0 Quarter Ending p 0 a u n o o 0 n o a 0 Iii o 0 e 0 eo o 0 March j 2 j 0 0 June Julie Oth I. I 15 OO roth J 9 1 2 ff 13 0 o 0 December Sl I f 0 o 0 o 0 Totals 17 11 j CIZ 0 0 J 0 GROSS RECEIPTS 1902 1902 0 I 0 s 0 o 0 r rn I a 0 I 0 0 F G ce O o 0 oc cea 0 g e. e a 0 D II p i r o Quarter Ending z a g ga o 0 0 0 I a II r. o 0 I o 0 lI arch S 27 UC C J 3 sl tID 0 o June r to f c w 13 September 3 th S1 i x IS o 0 December G G o 0 0 l 1 Totals I iSI S j 0 0 o 0 0 V oo o 0 CO COMPARATIVE STATEMENT OF BANK DANK CLEARINGS 0 o 0 IN IU SALT LAKE FOR FOE THE YEARS 1901 AND 1902 0 e 0 Month January 1901 1902 0 00 OO 0 F February 0 e 0 March l O. O 0 A April 1 rl l t J 1 3 G o 0 May o r W 1 Z OS GS CS Q 0 o Juno 00 W July q c i 00 93 29 0 o 0 August I 1 C J 0 S September tj i J 1 oJ October 18 1 1310 1 Gl 0 o November o r 1 t i f li s. s oo J H. H 41 0 UCC December ember J. J t r J 0 U 00 OO 0 1 J o 0 tell 3 lS' lS lS nilS 11 0 1 I J 0 1 0 0 0 0 0 0 0 0 0 0 0 0 00 J prosperous one In fact It is the most i prosperous year ear we have ever el enjoyed I The bank deposits of or the city have increased in- in I i creased r ase at least 3 luring during the I I year ear and this is go good evidence that the thc p people ll ha have more none money noney than 1 There ha has been a depression in mining stocks during the the- year eal but the mines th es arc are In good condition and tho depression In stocky stocks has not worked any great damage Then there are varIous various va va- rious other industries that have contributed contributed con con- largely to the success of the year c lr One of or these thes is the sugar Industry industry Indus Indus- 1 try which has added much to the thc volume volume volume vol vol- ume of ot trade The new factory that Isnow Is la now no being built bunt in the Bear Pear River valley val val- ley al alto also o means much to the future of oC oftie tie the State I 1 think It Is safe to say that val val-I the merchants merchant have done from fLOm 25 23 to 30 per pel cent more business this year car than la last t which Is a splendid ld record when it is taken talen into consideration that last year rear was yeas a phenomenal on one In the history history history his his- tory of ot Utah The lo low price of or silver of course has had a bad effect recently but I believe that this ma matter ter will right I itself Itself Itself-in In in time and that next year car will willa a again be the greatest In the thc history of ot otI i I the State 1 I The rhe record made b by the Salt Lake 1 I po for 01 the thc year rear ha has been a a. aery very ery I satisfactory one The Tho receipts show an Increase of over over 1 the re receipts of or last year an and a a. number of important improvements have ha been made DurIng the year ear four additional carri carriers car- car ri ls l's and four new net clerks have been add added d to the force and an average a of or I 7 pieces of or mall have e been handled handle dally lallY ally I The number of or sub sub stations has been Increased Increase from ten to thirteen twenty twenty- I n five street cars care have ha been supplied with mall boxes for tOI the convenience of people people peo peo- pl In tn the outlying districts and the rural ru- ru ru rural rural ru- ru ral delivery routes have hac been extended In 1901 1001 pI pieces ees of registered mall were received receded for delivery dellver while hile pieces have been received this year In 1 1901 01 the number of pieces o of registered mall mail sent out from the Salt Lake o co and sub-stations sub numbered 2657 while this year car the total is I. 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