Salt Lake Telegram | 1923-02-25 | Page 20 | Better Business Prospects

y v vI I I Better Business Prospects I INCREASED activity of industry has been noted L during the past few months It is s regarded b. b by r economists and leading figures of financial circles as a a preparatory stage of considerable increased business in the near future In other words predictions predictions pre pre- dictions are that the United States Is approach hing h- h ing ingan ng an n era of prosperity that sho should ld be sustained L I for a considerable length of time Increased building activity that is reported in ir I all sections is reflected reflected-in in cent 16 copper and 8 cent lead for metal mine producers of Utah With I hh h s se baser metals at this position In jn a market markel I I that indicates demand will still strengthen the thc price mining should start the second quarter 01 of F the year with brighter prospects People who did not paint their houses durin during war the he war because the cost was too expensive and I found It It ill advised to to do so immediately ly after the the armistice find th that t the work must be done now now or their buildings will wilI be seriously Impaired Paint FaInt needs demand a great deal of lead The structural steel demand is strong Power companies and telephone companies compani s sare are laying miles of new cable This takes fakes le lead d. d The rhe demand Is such that big imports of this metal from Mexico and other countries fall fail to tobe tobe be felt as a a. factor in the market and domestic production cannot supply the demand This means pro prosperity for Utah's lead producers Copper Is much in the same sarno dem demand nd as l lead ad The unusually heavy building throughout th the United States extensions of cables Improvements etc ar are arc causing an increasing consumption for foi copper op r. r The big copper deposits of Utah thai that I until recently could not be mined at a profit wilt will I hid find d a a. ready market for the red m metal tal at the first fair prices since the break three years ago A greater production prod of metals means in increased increased in- in creased business for Utah The general improvement improvement improve improve- ment in the business conditions of the country r are r already beginning to be felt here that will wil I l last lastor bittor or a long tong period The foreign situation ha has been greatly cleared red up through the agreement I between this co and Great Groat Britain for th the refunding of the latter country's war debt t to the U United States It has improved the position of f the sterling exchange and ind may lead tead the way toi to ai a i solution on of Europe's ills without the odium of cancellation of our war debts to the debtor nations I E