The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-02-23
Real Estate and Business Notes.

lHO McCOFHlCh Ddilh Du1ulUS, WHICH,
THE HERALD noticed yesterday, is to be
one of the finest in the west.
Love in a cottage belongs to romancers
of the past, while six story fights in man
sion belong to the present man of affairs.
Kershaw, Adams 81 Brown will soon
erect a three story stone and brick build
ing on the Stevens property, corner First
South and First West streets.
Several acres of suburban property
which was bought for $3.50 per acre week
ago was bargained for yesterday by Den
yer men, who pay $3.50 per acre.
Many of our business men are loud in
their protests against grasping landlords
putting up their rents beyond what their
business justifies them in paying.
The Utah Steam laundry have already
commenced work on the large addition to
the laundry The building will be double
the present size and will be completed in a
few weeks.
A disconsolate investor when asked
where to buy, replied: do not buy in
the low lands or you will be drowned out;
nor in the high lands, or you will be
burned up.''
A. E. de Recqles representative of the
Railroad Gazette, is budding into a full
6edged real estate man, and rattles his
rubbers with the best of them when in
quest of buyer.
White Sons & Co. are consulting their
architect in regard to plans for 100000
building on their lot, northwest corner
First South and Second East, to be used
for a packing house.
julius Fist & Co., the largest liquor deal
ers in Pueblo, Colo, are looking for loca-
ton in Salt Lake to establish a branch
house. 1t is expected their establishment
will eclipse anything in the city at present.
CE. Busche, who spent week in Denver,
says that everybody in that city are talking
about Salt Lake, and that at least thou
sand of the seekers will visit this city dur
ing the spring and summer with view to
investing in property.
Bonnetti g. Forecast have pulled mp stakes
/ in Wichita. Kansas, and have leased por-
ton of the Wasatch building, where they
will open the finest barbershop in the city.
They will open out with eight chairs as
soon as their furniture arrives.
Kelsey & Gillespie, the owners of the
corner south of the old skating pavilion on
West Temple and Second South streets,
contemplate the erection of aS100, 900 build
ing on their property. Work will com
mence as soon as the plans are completed
The favorable report by the harbor com
mittee of an appropriation of $4,000, 600 for
| the Improvement of the Galveston harbOr
| is directing attention to that city, and
three of the largest real estate firms in
Denver have made large purchases there
Davis & Stringer sold 55x247 feet east OF
and Immediately adjoining the Cullen to A
j. Dutton and L. A. Davis for S75, 900. AS
soon as the lease on the buildings expires
the structure will be raised two stories
higher, which, however, will not be until
late in the summer.
| oil lot Of is
erecting five brick cottages, at a cost OF
s., 800 each, on his lots on Eighth street
between E and T. They are models OF
comfort, and but represent the class oil
dwellings which are being built all through
the town at present.
H. n. Greene says that the peaceable
manner in which the election passed off has
greatly strengthened Salt Lake property il
the confidence of eastern capitalists. After
all the blood-curdling predictions of inter
midable riots, the result ought to convince
I, intelligent minds that this is civilized
community.
1t is .rumored that the Burlington mer
who own the corner north of the ST. Jane:
hotel are making strong pull to have the
federal building, which it is supposed will
be erected here shortly, located on then
ground. They own 165xl65 feet, and beine
rustlers of note, it is not improbable tina
they may be successful.
Balou's hall, an adobe structure which
was built in 1865 for a music hall and the
atre, is being reconstructed. The building
is enlarged by adding frame addition OF
the front and raising it story higher. TIL,
walls, which have Withstood the storms O.
thirty-five years, are found to be still a
strong and perfect as when first built. Tn,
place will be used for business purposes.
A. H. Mayne is credited with paying S27
a month for the elevator room in tn
Wasatch building, though he claims tn
consideration was 81 900 bonus for a tw
years lease at l 200 yearly, besides some
thing to the owner for allowing the room
to be sub-let He asks but $3.50 per mont
for ten feet of one of the windows. |
comes high, but the real estate men mus
have it.
ga man don't amount to a continenta
who hasn't got 100000 to speculate on,
said G. H. Knowlden, with deep breat
at the way things are going. GA hall
dozen men called on me to day with prop
, erty for sale and the smallest tract tool
just 600 to swing it. | am beginning t.
feel that am an old fogy in the business
However, there is the consolation that
makes no difference what man pays, h
always sells at an ADVANCE
A large number of clerks from variou
business houses in this city have organize
company for the purpose of engaging i
? the mercantile business. The name of th
new organization will be the Young Men
Co operative Mercantile Institution, an
the intention is to Immediately erect
three story brick structure on Brigham
street, near II. B. Clawson's residenc,
The capital stock of the concern is place
at $3.50, 000 which is largely subscribed fol-
AS it is the purpose of this column t
offer safe council to the buyer as well a
the SellSr, it may be well to caution tn
latter against purchasing short lots Will
the back portion of property is of littl
I value now, the time will come when it wi
command as high price as the front doe
now. 1t will not be at all conclusive
, good feeling to see stranger build glu
factory on what you supposed to be tn
, back end of your lot. 1t is said that pror
erty of this description is quietly bein
, bought up.
One of the discomforts alluded to in til
E Introduction of this column is at hand. Tt
guests of the Metropolitan were throw
e into confusion by the following notice be
a ing posted on the cigar stand: 'On an
0 after March l the rates of this house wi
: be 81 80 and 50 per day, and for day boar
5 S35 per month" The old boarders are L
in arms and propose to get even" by n
moving their mouths and stomachs ar
d setting them up for future depridations
1 other and more congenial quarters Lane
] lords have little use for monthly boarde,
q when they can pack their rooms vii
S boomers on cots at day rates.
o The unoccupied stranger who, afte
: emptying the contents of beer barrel I'M