Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-12-23
REALTY DEALS
DURING THE WEEK
One Firm Estimates that They
Amounted to Halt a Nil
lion Dollars.
GREAT FAITH IN STATE ST.
Business In all Lines Has Been Highly
Gratifying for the Holiday
Season.

For the last fragment OF the year,
the local real estate market has been
very good, the local sales for the week,
one firm estimates, amounting TO
about half a million dollars. There
have been no spectacular features, but
the business has been steady, strong
and encouraging, the most noticeable
features OF the week being the trans
fer to A. II. Pomeroy OF Los Angeles
OF the Metropolitan hotel corner, by
Judge Hallett of Denver, for $4,000,
and the sale of the corner Immediately
west on West Temple street for $4,000.
One firm alone estimates it's sales for
the week at 10000. mostly In mod
crate deals, the heaviest. not yet re-
corded, being $4,000. Dealers report
quite number Of financial incubators
Mt work, but until the names of the
parties are down IN black and white.
these transfer cannot be given out for
publication.
FAITH IN STATE STREET.
There is strong talk on the part Of
State street property owners OF the
immediate future of that street: claim
ing that the alleged ultra conservatism
OF Main street property owners Is as
strong a card IN their favor as could
be desired. II Is claimed that Main
street property owners will not build
or improve their properties to any ap-
ITeciable extent, while State strttt
owners are active in this direction,
and that the coming year will witness
development Of State street that may
be compared TO the rapid growth OF
Seventeenth street In Denver at the
expense Of Sixteenth street, the con-
servatism OF the property owners on
tina latter street having operated heavily
against the increase In valuation OF that
thoroughfare.
BUSINESS IN GENERAL.
The business of the week, however.
has been along Christmas lines, and
the merchants of this city voice the
statement OF Colonel Weber, superin-
tendent OF Y. G. M. l., In stating that
the weeks trade has outdone all rec
ords. The Wholesale Christmas trade
has maintained special activity until
within two days, something unusual,
and shows an unarecedented growth Of
the retail trade IN all lines The retail
trade began fairly week ago. and Is
the stores crowded from noon until
late In the evening. and tonight the
night before Christmas It is doubtful
II the retail establishments can close up
much before midnight. The rush In the
postofiice and It's substations Is also un-
precedented, and extra clerical assist
nnce was early found imperative. But
today, the demand for money orders
and the outgoing registered mall are
practically stopred, but with money
issuances and registered mail receipts
still on the increase. The dry goods and
the notions stores have felt the rejuve-
nescence OF trade with remarkably
quickenlng effects, the crowds calling
for most anything and everything In
these lines and the holiday season will
close with stocks well cleaned out. Most
every dealer Ia fact will say he never
saw such season, The hardware
trade. too. has onls Just let up The
banks have been lively centers this
week, with steady streams OF money
flowing out and In over their counters
There has been a heavy demand for
pianos and other musical Instruments
and the transactions In this branch OF
trade have been unusually heavy. The
milliners, dress goods, and candy trades
have likewise been rushed to death,
and tomorrow morning Will see many
weary tradosmen and their clerks and
operators glad that the rush Is over
Truly this season is proving record
breaker.