The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-12-17
S2,14S.72

totals ',..... ss.boo,92o.b3 S6.5OS, l90.0S
Increase, S214s.725.i1.
Business in realty during the week
was excellent. as the amount of money
invested In residence properties proha-
bly, exceeded that Of the same week Of
any preceding year In the history of
the municipality, Most of the deals
consummated during the week were for
residence properties, whereas business
IN real estate during the preceding week
centered about tlrc southwestern portion
or the present business section, il was
noticeable during the past week that
the property included in the transfers
was well distributed throughout the
city. The real estate men have always
found this the dullcst season of the
year in their business. and are there.
fore luhilant over the volume of busi.
ness that they are able to transact Con
sidering the amount of business that is
beng done in realty circles and the
numerous inquiries they are receiving
from prospective investors, they arc pre-.
pairing for an unusual activity during
January and from that time until the
spring. Many nonresident parties have
become ,interested in Salt Lake since
they heard Of the recent Newhousc deal
and the subsequent heavy buying of
Salt Lake properties. and are planning
TO make a personal investigation of 10.
cal offerings soon after the holidays.
Advertising Proposition.
The week witnessed the beginning of
movement in this connection which
viii undoubtedly mean much for the flu
ture of the city, namely. the securing of
q fund which is To be used by the
Real Estate association in advertising
the city. As the association took ac-
tlon IN the matter after having received
the assurance of several leading busi-
ness men that they would head the
subscription list with large contribu-
tions, the fund is practically assured
and the list will he placed in circula-
tion in the near future.
In acknowledgment of their appre-
citation Of what he is doing for the city.
the association addressed TO Samuel
Newhouse a letter commencing his Low.
a'tv 10 tho municipality, as evidenced
by his recent investment in Salt Lake
I,I. estate. and asking him to become
member Of the association. Mr. New.
house acknowledged the receipt of the
communication IN a characteristic wav,
stating that aside from whatever sen
tlment there might have been in his de.
termination 10 invest in local realty.
he thoroughly believed in Salt Lake
real estate as an investment He also
accepted the invitation 20 become A
For the first time during several
months the real estate men have been
able to accommodate their customers
this week with rental property. This
is accounted for by the fact that the
weather - not favorable for moving:
consequently not many ont otto fam.
lies are arriving and there will be no
great migratio Of resident families nm.
Ill after January |.
pu,I1,p1 n,,or,4,a.z
As building contractors provided
against being hampered by winter
weather they are now doing more work
IN the building line than has perhaps
ever before been done in the city at
tins time Of the year. Although some
kinds of binding material is by no
means abundant, the situation generally
is excellent, and the supply is ample TO
meet present wants. Most of the work
that is being done at the present time
IS indoors and there is enough Of this
Kind of work 70 keep the workmen busy
until the approach Of warm weather.
The brck makers are making pro
vision for the anticipated big demand
for their product next season. and IL
they are unable to cope with the stu
atIon next summer, n will not he he
cause they did not put forth their best
efforts. Some of the local brick fac
tories have been induced by the build.
ing prospects to place orders for new
machinery, and some of them will al.
most double their present capacity.
Wholesale Business
Wholesale grocers were kept busy
during the week in filing orders and
state that collections have been excel
lent; Some of their goods which were
az least sixty days overdue arrived
last week, and this enabled them TO
I'LL MANY orders that had accumuls ted