Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-11-16


ing VIII be begun at once. The terrace,
which VIII be erected on the 6xlo rods
on the southwest corner OF the block
between First and Second and 4 ana
streets. VIII cost between $4,000 and
$4,000.
-
Architect Neuhausen has completed
handsome set OF plans for the proposed
business block TO be erected on the
Walker House site Tor Hon. David
Keith. The plans provide for a nine
story, fireproof modern business block
to cost about 100000. Mr.. Keith Is ex-
pecteu 10 return some tlihe next "eeh
has been for several weeks and the
architects competing for the building
expect a speedy decision So that the
work OF tearing down the building now
on the property may commence AT once.
II Is thought that the Walker House
will be taken down immediately, 20 that
work on the new building may be com
menced as early as possible In the
spring. Architect Neuhausen states
that the work OF construction Will take
about two years.
The Woolley Smokeless Furnace com
pany Is now tearing out It's expert
mental furnace at the electric plant In
the rear OF the Atlas block ana VIII az
once erect smokeless furnaces with the
improvements noted during the recent
experiment under all four boilers al
the electric plant There WIN tnen DC
final tests as TO the consumption oil
smoke and tests also Of the furnace as
f,ta cot IN thew nf0Ne as SufCtSS-
full as II is anticipated that tney VIII
the manufacture ana iii'rouuot,on y,
the smokeless furnace VIII be pushed III
all the larger cities Oh thlS country anu
others.
The real estate market Is cer.a'ny
not very active ana II Is the cohsehsus
OF opinion among the dealers tnat tnere
will not be much OF rush DeioIe
spring. Some deals Oh more or less IN
portance were concluded uu,ihs tne
past week the largest peihg tne pur
chase by Lindsay II. rogers OF .he =,
II streets, for $4,000 Nearly all the
sales made were OF residence properly,
and II Is stated by dealers as iao'
that In every case the purchasers IN
| tenn 10 ItHlut III NiiI ii'f'N' 'N~'D'-Nf
There Is an absolute absence OF spec
ulative element In the present Market
and that taken In connection WIN the
ket and the consequent losses sustained
by working men who speculated and
who were also ANXIOUS TO buy homes,
are given as the reasons for the contin-
ued dullness at this time OF the year.
10. panrNat lie tho
railroad situation. Many persons got
the idea some months ago that in a
very few months time, at least one ad-
dltional railroad would be butt into
this city. The continued delays dis
couraged them in the belief that SAT-
Lake will be a great railroad center and
they consequently are awaiting devel-
opnents before making purchases
Real estate dealers say that they have
many Inquiries now after homes but
nearly ali desire TO pay In installments
There Is no market at all for business
property or vacant lots.
-.
dealer said today that the supply OF
good ones is equal TO about one-half
Inc demand. and as consequence
rentals have reached an almost pro.
hihitive figure. Good offices are also
commanding high prices and are almost
unohtaInabie.
The Salt Lake Home Telephone com.
samueI II Fenton and p. # Madsen its
nromoters. intends 10 go before the City
| rounclI cornnnittee ON Monday evening
I'm relation 40 its petltion for n fran.
ohise 10 build and conduct an independ.
an, system OF telenhonage in this city.
A. attemnt viii he made IN have ire
f,anrhise acted unon On Tuesday night
nv The civ coun.al at its regular ses.
sion
Contra ctors say that although buIld-
Ing materials are moi so scarce as they
uere n few weeks ago still they are
mot nlentiful. The brick companies in
tend running their natent continuous
klS,s ali winter and IL Is expected that
an abundant supnlv of brick win he ON
hand for the big rush OF buildings ex-
pected in the spring.
Tho Co.onerotive Association NJ
Utah uh ich has heen onerating a s,ore
in IN. Twentietn ward Az insoIvent
and nj n meeting Of The sbaroholdsrs
hold last evenino I " Penneft was
| ,,i,,ar nossessIon ~ Tho en,l,o etock ia
| Sx,u,.as a, the concer, ha oerrooirs, No.
nav the s,ockbolders "a neS cont an
he money Invested hv Them
rs,ldent George Y Wallace of The
nan Taienhone comnony stated ,od H.
listed next week and that materials
FOR the Milford anf Frisco lines are be.