The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-05-25

= tuesday May > ------------------ tN-,.N ,
= Wednesday, May Il ------------ 5l,oty =
, Total realty sales three days. .Sl16,aoo =
ERIITHOUT taking into account smaller
w deals. the above figures show what
has beeu done in the way OF realty
sales I'm Salt Lake in the past three days
Tho total does not include the purchase
prfre of valuable State street pT'peI's
sold In Los Angeles men yesleL"as
through the agency of Judge Z. II COZ
sal. which helps swell Tuesdays to-
tai to S-eelH and which was announces
YESTERDAY. was that OF the old JS"l --l,
ssy-raz-lgI5a at First West and Third SCUM
sfreafs which was bought by James
Chipmau from the Titan Savings ~
Trust Co. The purchase price We ii, ,-.'
ueighborhood of $3f-t5p, Mt tiill'iil - -
inc $50 u.r front foot for 10 by ia rods
Mr. CHiDman when seen last Hi-Nt-
stated that he had not determined on
plans for he property IN aleS'lo-i
Salt Lakers Invest 1000.
Another instance which shows that An
-cieuuS are not alone IN rg'n-HlIl--.- -
value TO Salt Lake realty was aftoI'l -
yesterday when Clayton * CO. sold q .'-
100 feet front on State street. just ''gL3N
the Halls. for s7i,'"t- Inc puiSi.'' ~
are salt T4skers whose names InI me
present are withheld The Eou's Savings
Bank and Trust company was the former
owner IT.. L. CUMMINGS or Cay ION az
Co stated last night that since MAY
, his firm had sold 5000 worth OBJ 100
realty all OF which with the ENlNHi'h
OF the AIff corner. went TO SAT- i-siie.- -
The money for the All corner D. i-th
South and Main streets. arrived YESTERDAY
from Peter Hack Of Los A 4N.5 e. - NE
/ sum Of 500 was sent To nIHd lHe SAFE
I The purchase price was Siha'--
Gets Another Church.
G. s. Holmes has secured another
church this time the historic IreSnE-
terrain structure at Second East and Sec
Z oud South streets lH purchase price
was $4,000. This deal was closed late
TUESDAY afternoon but was not an
/ uouncad until yesterday The purchase
I price Is at the rate of Slt5 per front loot
/ AlL- IIe-iilss ..,-- -.-.,...- F a. -
/ Frank Knox FOR cpL~ioeTtlllH OF 80
/ 151 One-half interest I'm tine First Niel.l-
7 Cdist church property on ILlT1 SoullL
. street This realty was purchased last
The sale made TO AuEeIeuos through
Judge COlborD yesterday involved w.
1 Fourth South and Main streets There IS
] a frontage of I65 feet 1t IS nine rods
Against SEcy-High Prices
/ Judge T. F. CoIborn expressed HIms7
I yesterday as greatly opposed To- th. poi
lev of a few property holders and rec.
estate men who have taken atvaTttE" or
the recent furry 10 boost prices SKY
high He believes the time has come Tor
/ local owners to rca lie that if they de-
maud prices which eliminate profits Tor
five years they must expect to hold the
land without callers.
Judge CoIborn showed a telegram from
I a Los Angeles client informing him that
unless deals made on his agency com
{ tracts are closed that he viii withdraw
I from salt Lake as a field of investment
/ This man represents 100000 of money
awaiting investment
] judge COIbOru said in part last even
I iuEs
..The way to make money I'm real es-
I tate is to buy and sell 10 take q r0f-
. souabTe profit and let the other fellow
3 have a chance-thC other man who VIII
( imprOve-and not try to hog the whole
} business at one SwOop"
I Judge COIbOrn then cited an instance
( Of price boosting which had blocked a
realty deal meaning much to Salt Lake
/ The condition, he said would soon be-
T come serious if the present policy were
not modified.