The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-12-17
TRADE Squirt ON
HOME STRETCH
Merchants See Records for Former
Holiday Seasons Badly Broken.
REALTY OWNERS GOSPEL
"LoosENlNc UP" URGED BY A
SALT LAKE DEALER.
REALTY OWNERS GOSPEL

on the home stretch OF the holiday
] trade, Salt Lake merchants see nothing
/ in the way Of n record that viii make
| the volume Of business for. previous years
| take seat far IN the rear. This is true
beth as regards the amount Of business
I, transacted and as TO collections. In every
/ respect. with the possible exception of
| rea! estate, this healthy improvement IL
| 10 be noticed.
I liberal observance OF the "nimble six
! pence policy of business. one real es-
| tate agent said yesterday:
In Salt Lake property holders should
take this view; You live aud ! live say
A man buys a couple OF lots Tor 500. lie
purchases for a speculation. IN thirty
days, maybe, or sixty, ! come along and
| would like those lots for building pur-
poses. II ne Jumps the price up to $1,000
] ana thousands of others are smut out.
! II he should ask 500 or $3.50 that would
leave him good profit and al the same
time allow me to invest.
IN other cities property exchanges III
NO.YIng, say. $4,000, are made where the
margin of profit is only q few hundreds.
! Things are kept on the move. salt Lakers
must realize that If they expect 10 get
double a fair price or their property they
VIII lid II for some time. This city is
all - Z, but there arc two or three cities
on the coast which are just as anxious To
Set outside investors to locate with them.
All one has TO do is 10 PUT himself in the
place Of the investor 10 find out where
the outsider is going
Don't cunstrue this as knocking but
simply as ap endeaVur TO wake the peU-
pie up 10 the fact that possibly they are
holding their property at just q leetIo'
too high valuation.
The words of this dealer are not hard
10 duplicate among other agents. The
record for the past week shows few trans
actions OF more than few thousands
and none % IpnBYfg The fer
OF State street lot for 81. 600 from Clara
Giles 10 ". II. Dickson was announced
during the week, but was practically
agreed on many weeks ago.
Tuttlc Brothers sold two residence lots
on North State street during the last few
days, one, for \ ". Carlson. to James
+. Payne for 5000. This lot is located on
the northwest corner of State and First
North streets. 1t IS ~ by l16 feet ana
is at present occupied by a small brick
house. The other sale was vacant lot
S2ia by l35 feet. five rods south of First
North and state streets, which was pur-
chased by J. ii. Bailey ana W. \ Need
ham from l. +. Hail The price paid was
1850. II Is the intention OF the buyers to
erect Two modern homes ON the property.
futile Brothers are negotiating for the
sale of a lot, ten rods frontage. on Third
West street near Second South. An Of
Ter has been made of SlTuO0, and on this
q payment has been made, although the
deal has not been closed. II purchased
the buyer viii erect Il large warehouse on
the lot.
Stocks and Bonds.
The commercial stock and bond market
has been active during the week past, al
though final quotations show few changes
though final quotations show few
changes Sugar stocks are 4 little weak
but bank stocks are firm. selling at high
water marks. II is The opinion of many
that the furry which caused sugar stock
III go down was only natural after the
abnormally high figures it reached, and
that within month there will be a nor
al