The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1888-04-10
ABOUT REAL ESTATE.
The Dealers Resting, but Very
Hopeful.


In the haunts of the real estate
dealers, yesterday, there appeared to be
a free-and-easy aspect about the offices
and their occupants, but by no means
was there any exhibition of despon-
dency. The heavy brokers were abso-
lutely in excellent spirits over the pros
pect.
One gentleman prophesied that in
ninety days the aspect of activity on all
hands would be such that the recent
squirt and the present movement would
appear insignificant. Just wait"
said he, until the building boom
ses in. And then there S
the railroad excitement yet to
be heard from. Why, just think of 1t
for moment. There are three or
four big roads heading this way and all
are bound for the coast. There's the
Missouri Pacific, with Jay Gould be
hind it, going to lay third rail over
the D. & r G.. and when it gets here,
it is bound to continue on to the
Golden State. There's the Utah
Central got its surveyors out, and it
does seem to an ordinary observer
that track-laying on its extension will
not long be delayed, And the
Santa Fe is quietly working
for connection in this direction to the
Coast. The Los Angeles people are not
dead, either. So, that, where there is
so much smoke there must be some
fire."
"All of which means work for hun
dreds of idle men, eh?"
"Oh course it does; and that, too, be-
fore very long"
The gentleman then went on to ex-
patiste upon Utah and the advantages
she offers, saying that Den
YER, whose thrift and prosperity
was almost phenomenal, could not
boast a fourth of the natural
attractions, the Valley of the Great Salt
LAKE could.
"Why" be went on, there's that lake
out here. If they had that in Denver
or Colorado-there would be a million
people visiting 1t every summer. Villas
and residences would dot its banks in
all directions, and as health resort it
would be effectively advertised from one
side to the other of the continent"
Several Of the men handling real
estate have deals on land which will be
completed in few days, and to the re-
o rter's inquiry as to how business W as,
yesterday, their replies were that they
would have something encouraging to
report in day or two.
Letters are being received at the
Chamber of Commerce daily, asking as
to the prospects. They come from all
directions. Several seen yesterday
were from Wichita, Rochester, n. Y,
Dakota and Colorado. They uniformly
want to know what show there is for
the investment of few thousands in
land and business enterprises. They
are all answered truthfully and intelli-
gently. The outcome cannot but be
beneficial to the country and the people.
REAL estate men say that there are
not half enough tenement houses to
supply the demand.
A NATURAL gas flow was struck while
sinking for water, last Saturday, in the
North Salt Lake addition, but aqua purG
being what the borers were after, the
drill was driven deeper. The strike was
made at a depth of ninety feet. and
some distance west of the present sue
oessful flowing well.
"WHo'D have thought this time last
year that the present condition Of
things would exist here2" was a
conundrum a real estate man pro-
pounded to a HERALD repo rter yester-
day. and supplemented it with: 'And
the same question will be asked next
spring."