The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1891-01-11
REALTY LOOMS Up.
Sales for the Week Reach the
Sum of S672,39O.
WANTS AT THE EXCHANGE.
The Silver Lake Rapid Transit Company
The Route viii be Made Longer
General Notes.

Inc real estate market during the past
week has shown a decidedly increased
activity. A number of large deals have
been closed, some of them involving siOO.
600 and even s150,000. During the uncer-
tain feeling which existed during the holi-
days as to the final outcome of the eastern
money stringency, and the effect it would
nave on Salt Lake. a number of large buy
ers he'd themselves aloof and the ma
lorlty of transactions have been in subur-
ban property Since it has been seen that
Salt Lake can continue to prosper even
though the east may be at a standstiil, and
that money is much easier to secure, a bet
ter class of property is being handled In
side properties, which require more funds,
are becoming more popular than ever and
number OF deals OF business, prospective
business and choice residence property are
oeing consummated This does not, how
ever, dlmlnlSh the number Of sales of out
Sue lots, but gives men of limited means
greater confidence in our future ana thus
corresponding activity in this class of
property is felt. Yesterdays sales, as will
De seen by reference to the recorded trans
lefs appearing In this column, exceeded
one third of a million dollars and the trans
lers RECORDED on Thursday reached S31S. 500.
making total of So 1876 for two DAYS. IL
is doubtful whether any two Yves tern cities
can make better showing for any two
Gays Of the past week.
In speaking of the condition of the money
market In Salt Lake. Glen Miller of Miller
N Miller, said to a HERALD reporter yes
terday that there was no stringancy of the
money market IN this city, and gave as an
incloent TO demonstrate his statement that
last year they had placed on the market an
audltlon containing thirty -siX lots. each of
winch mad been sold on the IN .tallment
pan, with interest and payment falling
due yesterday. OF these thirtv-six lots
not single purchaser had asked for an
extension OF time, but every payment had
oeen promptly met. Not only this. but
seven mortgages which were only draw
ing per cent. interest, and were
not due Tor one year, had been
pald, and other parties were now
negotiating to pay off their mortgages,
men IL Is taken into consideration that
money at present commands a higher rate
tnan per cent, the above factSis indica
tive OF an easy market
oscar GroShell, who yesterday returned
from an extended tour OF the east. said
while III conversation with j HERALD re-
porter, that he had never. during his many
TRIPS TO the east, found such al active in
terest manifested in Salt Lake. II was
buttonholed on every corner bv parties VIM
knew | was from Salt Lake. and asked
ABOUT our wonderland he said. "a : soon as
IL was known that | was from Utah | was
oesleged on all sides by parties VINO wanted
TO Know all about Salt Lake lei had come
from talryiand people would not ha ,-e been
more interested Thousands OF people are
arranging to come to Salt Lake us soon as
Iney can arrange their business in the east.
Inc failure OF crops last year in Nebraska
ana Kansas will bring MANY neo,,la o1,t
here next apring. | visited PENNSYLVANIA.
New York; Chicago, Nebraska and other
points, and every where L found the same
interest manifested in our city. Eyery-
oody In the east appears to have the idea
tnat the Mormons are moving TO Mexico.r