The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-02-23
AMONG THE DEALERS.
Salt Lake Has a Firm Grip on
Greatness.
THE OPINION OF A BIG BUYER,
Don't Buy Short Lots-Raising the Price OF
Board-Everybody in Denver Looking
This Way-Notes.

The men who expected to see the election
returns send real estate clean out of sight
are somewhat disappointed, and the sky
scraping prices which they indicated in
their minds eye have foundered and fell to
/ more reasonable advance over former
quotations. On the other hand, the prop
erty owners who are building on the more
conservative foundation of actual improve
ments, and busying their minds with plans
that have solid foundation of bricks and
mortar, view the present state of the mar
ket with serene composure, having an abid.
ing faith that when they reveal their plans
and their walls begin to take definite shape
upward, prices will shoot up to as high an
altitude as will be safe for healthy
growth. A cyclone has been aptly de.
scribed as hole in the air, and the boom
relapses that fioundered the fair hopes OF
Wichita and other doomed to death cities
were caused by the vacuum created be-
tween the real and artificial valu.
alton. Salt Lake city is not
on the dead-line of an Indian
territory, but in a rich valley which. the
natural receptacle of untold mineral wealth.
1t has firm and abiding grip on greatness
Il
cannot easily be knocked out of keller by
The sparodic spectators who plan better
| than they build. 1t is well to keep in mind
that the much despised adobe houses repre-
| sent much quiet comfort and are an i'm
| proyement over vacant lot or hole in the
ground. However, the real estate broker
| has his mission, and though he may not ado
one cublt OF stone and mortar to the height
or depth of the city, yet he sells to MANY
| SnhSt1nfia1-
The earth had to go through a chaotic
| period, and the evolution which precipi
| tates great cities at lightning speed, while
not the most desirable to live in, must be-
endured with patience for the good it prom
| ises
The many suow falls during the pas
week dampened the ardOr of the seller
placing him at the disadvantage of not be
ing able to show up his favorite sites fol-
all that they are worth. To the former
however, the fieecy fertilizer of sponta
neous irrigation was laden with fruitags
and Verdure that guaranteed abundan
crops. If the fussy brokers will abide thei
time they will yet get sunshine enough t,
hatch their golden eggs and without bitin,
as much dust as a dog.
! All day yesterday the real estate Office!
were nearly deserted, and few sales wer,
effected. The few agents found at thei
desks were either reckoning their commits
slons on deals already consummated o.
figuring their prospective profits.
BUYERS OPINION.
Here is the opinion of a cool headed in
weston who spent months investigating Thu
legitimate merits of city property and VIII
has already taken out 500, 600 profits: at
wonderful" said he, THAT values keep III
as well as they do considering the mud AM
slush and bad weather. All buy VIII
come and the talk about high prices is con
fined to home dealers. Outside of tw
blocks of Main street property is not high
Take it on Fifth North street, wher
corner lots, 10X10, are selling for iron
s., 800 to $4,000 and it is not higher thai
property alike situated in cities of tn
same population. You cannot go north OF
account of the mountains. nor far cas-
without running against the reservation
and the river and the lowlands make tn
east undesirable, which forces the first
class residences to the north bench, wher
there is gradual elevation with a goo
view of the city. Of course, this propert
is limited and the bulk of the population
must go south. Any property fro1
Thirteenth East, West Temple and mort
of the south boulevard is desirable. | be
lieye business property a little high
though this will be adjusted by the man
valuable buildings that are to be erected
A travelling man told me to-day that b
; had been in halt dozen stores and th
merchants refused to give him orders bt
cause they had been notified to vacate, tn
owners wanting to build.o