Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-05-27
Los ANGELES MEN ARE BUSY.
Have Picked Up Some Very Choice
Pieces VI Property Since the Turn
over Began,
RAILROADS ARE ALSO BUYING.
Building is Going Forward 10 Sub
staotIal Mauuer and Altogether the
Outlook is Very Bright.

This hls hoou strong week IN realty.
and IN Tact business, In an lines II has
been lWcly state street has been a
center Ot activity as parties with IN
forests IN that pant Of the city have
been specially awake 10 opportunities
mad have taken advantage of then, q,
S Holmes led the movement. and has
been particularly active, lie picked mp
the old First Presbyterian church prop.
clty 1T the corner ~ Second East ana
second South streets, and tho church
people are I'm" $4,000 with which TO
lhyost Ia their hnc now odincc ut South
Temple and G streets,
Then r. A, Rowan prominent los
Angeles real estate dealer hos become
convinced that salt Lake N good
place for investment ANA has had Nh
Holmes invest IA several desirable
pieces Of property the latest purchase
being the closing of q deal mentioned
elsewhere, whereby he acquires pos
session Of % feet north Of the knuls.
ford hotel
clayton ~ co.., made $4,000 state
street sale for lions savings Bank be-
tween Third ana Fourth South streets,
and the Utah SAVINGS and Trust COM
pany disposed Of the old jewish Syno-
gogue property ON l'lmt West street
| at "a good figure,
An Of the real estate men have been
busy and that they are doing well
may to gathered from the fact that
the Turtles alone have IN the past
week. modc y sales oggrcgtting a No..
Tie over 100000,
judge rolbwu cast cold pppy over
the situation early IN the week, by an
article IN the Dcsorct News deprccatng
The putting mp of prices, alleging that
n WAS drlylDg OF trade l}ut mum.
Der Of his brother real csptc men claim
that local property owners are perfectly
justified In getting an they can Tor
their property us with the new road
opened 10 Los Angeles aud two more
now roads coming, the city h destined
10 take a Nix lcap forwards shortly,
ANA real estate here viii become very
valuable,
The old armory building has changed
hands again, being acquired within the
last day or two, Wd the present own.
crg, the Houston Investment companN
Will oNpoud considerable money In put.
Ting the property I'm hrst.clnHs con.
dtiou other deals are In progress,
but rral estate men are very chUry
about giving ont Information as ~
prospective sales on sales w hund, dA
property OWuorN are watching the
market closely, ana dealers Hny that
nt the slightest suggestion, owners VIII
lurco up prices ryon M the moment
of closing up "a deal, and this AT llmU
uppplH the whole lr1nrUctlon
The Short Line ls acquiring property
south NJ Ninth South street lu the
| southwest section M The city and he.
y0nd the limits tho SAT- Lake Route
Ia engaged IN q similar work. Taken
altogether there rs foNcrieh anxiety
10 got hold OF rohlcsluio, as ID sooms ~
hu fclJ IN the AIR that 'thro'N good
llmo u coming" ana every body wants
lo be- I'M the swim, building, mostly
nf moderate residences, ls active IN ull
plris of tho city, hu' particularly ON
the cast side ana up ON the honohes,
which appear lu be- The choice of many
people win means 10 Ould THIS IN
largely on account on ho greater purity
of the air In mat part of the Town Nv.
orVhOiY seems in have work. or ~
contractor remarked today "rhcru
ISN'T un idlo man I'M town.
WORK an the larger buildings that
have been under conNruotlon for Tomc
time R being pushed the Weather ia
mopl'iouH for building operations, and
| There seems tn boz AN air of healthy ac.
tINlty everywhere.
The un0osncn ana business men
generally report gratifying conditions
locally Bank officers say deposits lrh
steadily increasing IA glgo and number
| the dry goods boot ana shoe hardware.
clothing and furnishing goods, Wrul.
turc, ana supply dcplcrs report tN'
prospect aH pleasing tho farmers nn
well satisfied with the outlook IN NJ.
rIDulWrc particularly I'm sugar hcct'
ana all around there ~ u we'll founded
disposition 10 anticipate good tImos