The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-12-11
sMUCH VALLEY
LAND Is SOLD
Salt Lake and Utah County
Farms in Demand.
HOLIDAY TRADE EXCELLENT
cold WEATHER COMES AND
HELPS RETAILERS.

I'm looking over salt Lakes business
ledger for the past two months. one
item stands out probably above all
o'hers-that Of farm lands sold. While
salt Lakes city property has increased
phenomenally in the past year. the farm
end vineyard lands of the valley have
lot been tagging.
As an instance Of the growing de-
1land for good property of The above
nature. one large real estate firm has
disposed Of. within the past thirty
dSys, S52,5 500 worth of farm land i'm this
end Utah county. This sum represents
Ire receipts on three sales. The num-
- ler of purchases, however. is by no
means indicative of the demand. The
same dealer stated that he could dis
rose Of three times the amount sold
had ne been able to find the locality
desired
Local Capital Invested
Ia the majority of instances the pur-
ctasers have been local men. little out
side capital being used. The persons
buying the land intend to settle on it
and improve it and not merely hold
Il for the slightly higher figure which
they may be able TO get in a few
months.
There are several reasons for this ac-
tivity in country sales which has ia
Iored this and adjacent counties. An
increased interest in irrigation drain
sge and other land improvement
schemes is one of the causes. Farther
forth the same reports are being heard.
This is mainly due to the government
rigation work in prospect
city property sales were about on an
average with other weeks. although
n2ne Of any great Importance was re-
corded. Good collections are noted not
only in the real estate, but i'm all lines
This year will close with a low per-
Centage of failures to meet rentals.
Salt Lake retail merchants are noting
With satisfaction that the holiday trade
J.; beginning early and with a rush. In
many lines never such another ac-
uYity is reported. Merchants say that
IS not case Of coming i'm like a
Ion and going out like a lamb as far
as holiday seasons are concerned, as
where the demand is large and the
money loose at the beginning. it is
generally so at the end.
Excellent Holiday Trade.
So an excellent Christmas and New
ears trade is confidently predicted
The cold weather has succeeded the
1nild stretch and has helped out retail
ers. In regards TO the local holiday
outlook Bradstreet says:
Quiet prevails in general wholesale
lines. Cold weather has benefited re-
taileTs. Holiday trade opened briskly
Collections fair"
Dun reports:
Generally satisfactory business in
1ebbing lines. GrOcers have had a good
business in holiday goods. People are
getting around early 10 make their
Christmas purchases"
Some Sugar Changes.
This week closes with the CONNER
cal stock and bond market again dis
I"aying activity. The Utah Sugar COM
I3ny preferred stock which was in
demand the first of the month at $40.
aud which closed a week ago at that
figure. is slightly higher. The same is
true Of common sugar Idaho Sugar
company stock took a slight drop from
the quotations given one week ago. The
fetal amount of the dividends paid by
lIlning companies during December will
be large
The stock and bond quotations given
below were corrected after the latest
recorded sales from the different bank
ers and brokers':