The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-03-12
Los ANGELES MEN
BELIEVE IN ZION
Capitalists From California City
Investing in Salt
Lake.
REAL ESTATE MARKET
Is BEGINNING TO BOOM
Dealers Predict That Buying
Will Soon Start With
a Rush.

! AS II is tho prevailing opinion that all
| wintry weather is passed and that spring
VIII be budding In the near future, there
! is decidedly good feeling in all lines
OF local business Judging from state
ments by various business men. local con-
dtions are highly satisfactory, and the
outlook for a prosperous spring and sum-
mer are exceedingly pleasing
has a Good Tone
The real estate market. although a little
quiet. enjoyed an extremely good tone
throughout the last week ana the oper-
| ators in that line are In very jubilant
frame of mind. They predict that with
a continuance Of the good weather that
prevailed ior the greater part OF last
week the campaign OF spring buying and
selling of real estate VIII begin with
rush In the near future.
Makes Sweeping Assertion.
The exact manner in which Salt Lake
real estate Is considered by capitalists OF
Los Angeles. many OF whom, In addition
TO those VINO are already Interested, have
announced their intention Of making In
Vestments here, is reflected by the remark
OF William @. Bradshaw OF the coast city,
who is now here. He stated Friday upon
his arrival in Salt Lake that he consid-
crs investments In local real estate as
good as Government bonds. According TO
reports many or MIR. Bradshaw aSSoci-
ates in the financial circles of Los Ange
les entertain the same view, and for that
reason 1t is probable that they VIII make
large investments here during the COM
ing spring and summer
Looking for Bargains.
Mr. Bradshaw came to Salt Lake with
Peter Hack, also OF Los Angeles, who Is
Interested to the extent OF several hun
dred thousand dollars in local real es-
tate. Mr.. Hack is n frequent visitor to
Salt Lake. and thus far has made In
presence in Salt Lake lends strength to
the general tone OF the market. 1t Is
known that he is again looking around
for real estate bargains. and Will spend
Will Erect Building.
An important real estate event OF the
week was the purchase Friday by Mayor
Ezra Thompson and James Murdock OF
additional ground on the south side OF
Second South street between Main and
West Temple street. and the announce
ment by them that they will expend nifty
thousand dollars In the erection OF a bus
iness block. The plans for the structure
are now in course of preparation and as
soon as they are completed 1t Is likely
that the construction work VIII begin.
Numerous Deals Made.
Although there were only a few large
deals during the last week. there were
numerous small transactions. and conse-
qucntly there Is good feeling among the
operators. a sale was consummated Sat
urday whereby the premises at No. 1l9
F street. un eight-room modern residence.
passed from the Anderson Real Estate
and Investment company TO Frank E
Price. the wel-known sheep raiser and
stockman OF Provo. The consideration
was $500 w S Crismon sold Saturday
for the Savings and Loan society of San
Francisco to James f. Jennings of Salt
Lake n piece of ground 1S2l2x1l5lS feet,
which is improved by four dwellings. and
which Is known as Nos 2Al 242 Jas and
3i7 West Second South street for the sum
of S22, 500
Displaying Spring Stock.
All lines of stores carrying the needs OF
the city and country people are now dis
PLAYING spring stock. The merchants gen
orally report good trade with the pros
Dpct of even better conditions several
Irnnl1S hnncn Stores carving snnrtInr