Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1904-04-02
They Believe Their Business Will
Boom in Course Of a Short
Time
BAD WEATHER lNTERFERED.
But With Brighter Skies and the Pass.
ing Of Some Untoward Conditions
Improvement Is Expected.

/
tied. and politicar disturbances are at
an end, Salt Lake Is In for something
like boom In their line Of business. OF
large number of prominent dealers in
terviewed during the week. scarcely one
was found who did not admit certain
| apathy among purchasers at present,
and all attributed It, first,to bad wealth
er; secondly, to the presidential year,
and few made reference to the sense
less agitation over Snator Smoot, The
following expressions voice the general
idea Of the situation;
QUIET AT PRESENT.
Harrington & Courtney: There is no
| denying the fact that just at present
things are at standstll. We have
| probably 200 names of people-wel-to-
do people, too-'who are talking" Of
| buying but In reality. the real estate
business Is dull. Some are holding off
to see what the oil discoveries Will
amount to: In fact. there are innumer-
able reasons given by prospective pur-
chasers for delay. 1t looks to me,
though. as II there viii be plenty OF
business when good weather arrives
and the moving season begins. l do not
believe the Smoot case affects local buy
| ers one way or another.
INsTALLMENT PLAN.
A. Rlchter--Nearly all the buying
| done here at present Is on the INSTALL
ment plan. Some are selling because
| they are crowded with heavy mort
| cages and those who are able are SELL
| ing out In order to buy larger and bet
| ter places. a great many more. having
| bought their property during the boom,
| are holding on because they cannot get
| used TO present prices. The Smoot agi-
tatlon and the fact that II Is presi-
| Dental year do not tend 10 strengthen
| business, either. But even II we do not
| do much this year, next year viii be
| the greatest In the history Of the state.
Nothing can retard Salt Lakes growth.
REACTION COMING.
]. Donnan Reavis--The present dull
ness In real estate circles Is no indica-
ton OF the seasons bushes. The
weather has interfered In every way
with building, The roads TO the quar-
ries and brick yards are practically
blockaded. But the delay Will react
with good effect | believe there is
more In prospect than there was at this
time last year. That our population Is
growing is shown every day In trade
circles and In the directory. And the
people who are selling property are i'm
medately reinvesting In real estate
They get new places because II is cheap.
er than paying for repairs.
SALT LAKE GROWING.
]. w. Houston--I have Travelled a
good deal this year and nowhere have
found a city that has such bright
prospects az Salt Lake. We are grow
ing, growing, growing, and this ought
to be a banner year. Were II not the
year Of the presidential election, II
should be the very best In the city's
history. A certain local agitation IL
working no good to the city, but we
will survive that. Plenty of people are
inquIring for homes and those who are
selling are doing 80 to reinvest In real
property. In fact, with Utah's pros
poets II Is no wonder that real estate Ia
sought. know that large amount Of
mining money Is going into city prop
erty.
FUTURE ASSURED.
w. II. Hubbard-Nobody, / believe,
doubts the greatness OF Salt Lakes fu-
ture but what can we do In this busl-
ness with the town a yeritabe sea OF
mud, We cannot show prospective pur-
chasers around at all especially new
corners, We must simply walt until
winter Is over.
SATISFACTORY SEASON.
G. G.. Rlchter--My impression ls that
this season will prove very satisfactory
to real estate dealers. There has been
a healthy demand for houses, az well
as building lots, and II would be great
or were the streets in better shape.
Where you can take man to house
on a car line, his ardor Is not cooled to
the same extent az when ne must wade
through mud knee.deep for quarter
OF mile. The Smoot agitation Injuries
the business on the outside, fasteners
having an exaggerated opinion OF con-
ditiOnR But among people here, where
II is understood, | do not believe any
dealer suffers
OUTSIDE MONEY COMING IN,
Brown Real Estate Company: We
are agents for the Red Butte quarries
and we suffer doubly--in not being
able to get our own material down
town, to say nothing OF that which Is
ordered by our customers. II we can
get good weather from now on, 80 the
roads will dry up this will turn out
TO be the biggest year We ever had
Notwithstanding the presidential year
| have yet to find the person who has
not implicit confidence In Salt Lake
real estate, and good deal OF money
Is being put into 1t by outsiders. More
than 10 per cent Of the sales made are
for the purpose OF relnvestng In more
valuable pieces OF property
A BETTER YEAR.
futile Bros; The first quarter OF
1904 has been, with u.s. at least, better
than the same period IN 0l '02 or '03,
We have had more sales and larger
sales than during any three months
OF those years. Most Of the transfers
made this year have ranged between
$4,000 and $4,000 and we are unable
TO see that the presidential year has
had the slightest effect upon this bust.
ness We're II not for the bad weather,
things would have been better, no
doubt, but 1904 will be record break.
er, nevertheless.
BUSINESS WILL DOUBLE.
The Rege Agency; The stormy
weather has retarded business. We
have complaints every day from our
customers because we cannot M con-
tracts as speedily ms we should, the
reason being that II Is Impossible TO
get material over the muddy roads to
the building sites. But things are
Frightening up, This last week has
brought US more business than the 30
days preceding II and unless all signs
fail the business done here last year
viii double within the next six months.