| OCR Text |
Show Wonderful Strides In Utah's Growth The Department of Commerce announces an-nounces for the State of Utah, its preliminary estimate of the value, December 21, 1922, of the principal forms of wealth, the total amounting to $1,535,477,000, as compared . with $786,720,000 in 1912, an increase of 95.2 per cent. Per capita values increased in-creased from $1,992 to $3,2-17, or G3.0 per cent. All classes of property increased in value from 1912 to 1922. The estimated esti-mated value of taxed real property and improvements increased from $329,207,000 to $620,856,000 or 88.6 per cent; exempt real property (exclusive (ex-clusive of national monuments and Zion National Park) from ?4G,S01,-000 ?4G,S01,-000 to $174,191,000, or 272.2 per cent; live stock from $39,302,000 to $53,-055,000, $53,-055,000, or 35.0 per cent; farm implements im-plements and machinery from $4,-777,000 $4,-777,000 to $9,493,000, or 98.7 per cent; manufacturing machinery, tool, and implements from $24,491,000 to $50,-507,000, $50,-507,000, or 106.2 per cent; and railroads rail-roads and their equipment from $144,270,000 to $177,314,000, of 22.9 per cent. Privately owned transportation trans-portation and transmission enterprises, enter-prises, other than railroads, increased in value from $57,964,000 to $101,-497,000, $101,-497,000, or 75.1 per cent; and stocks of goods, vehicles other than motor, furniture, and clothing from $139,-908,000 $139,-908,000 to $329,9S9,000, or 135.9 per cent. No comparison is possible for the value of motor vehicles, which was estimated in 1922 at $1S,575,000, because no separate estimate was made in 1912. In making these estimates the Department De-partment followed in general the methodscemployed in making" the estimates esti-mates for 1912, though it is believed that in some respects the work in 1922 has been more thorough. It should be borne in mind that the increases in-creases in money value are to a large extent due to the rise in prices which has taken place in recent years, and so far as that is the case they do not represent corresponding increases in the quantity of wealth. The estimated values of gold and silver coin and bullion, the vessels of the navy, and privately owned waterworks water-works will appear only in totals for the United States. |
