The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-12-09
TRADE AND BUSINESS.

The week has been an exciting one
in the activity of realty sales on a
grand scale. and In the projected con-
struction of enormous business and
office blocks. The Newhouse pur-
chases and plans set a pace which no
nevertheless, there are plans of large
proportions by other property owners.
On Mr.. Newhouse s enormous pur
chases on Main and State streets, be.
low Third South street, he plans
10 construct two enormous Office
buildings, one of ten stories and one
of twelve stories; the full particulars
templated. by him and others. be-
ing in The Tribune of last Thursday
morning.
Mrs. Judge has the plans out for
huge nine-tory Office and business
block, corner Of Main and Third
South. on the site of the Druehl d
Franken drug store.
propositions, most Of which will be
well under way (and some of them
completed) during the coming year,
is as follows:
Twelve story office building by Sam
uel Newhouse, northeast corner of new
street and Main.
Ten-story building. by Samuel New
Railroad Exchange, ,elght-story build
ing. by Mrs, Mary Judge. southeast cor
ner of Main and Third South.
Ten-story office building, by NJ. II.
Walker, northeast corner Of Second
South and Main.
and Trust company, east side of Main
between Second and Third South.
Combined hotel and opera house. by
Eastern syndicate. southwest corner OF
Fourth South and Main.
Eight-story apartment house by Sam
mel Newho4se, Second East. between
Rio Grande and Western depot, Third
South and Fourth West.
Oregon Short Line and Salt Lake
Route depot, South Temple and Third
Ten-storv building. by F. Auerbach
G. Bro, on site Of their Main street
building.
Large building. by Samuel Newhouse.
at corner of Market and Main streets.
Estimated total OF contemplated i'm
provements. S7,5oo,oo0.
That is a brilliant array. and as
nest-cgg it will undoubtedly be pro
life of vast increase To them may
fairly be added the improvement
of the old tithing-housc corner Mt
Main and South Temple; and in the
realty sales the Lichtenstein purchase
of the Eardley property on lower
Main treet, between Sixth and
Seventh South for $4,000, is entitled
TO mention, In the building i'm
provcments must also be noted the
contemplated addition Of two or more
block on Main. between Second and
Third South, which was the pioneer
of the recent big purchases and I'M
Drovcments that are now taking on
such mammoth shape. The Walker
Bros. great store antedated all
others, and was planned for a
fve-story structure: it may be we'll
that part of town will force the other
two tories.
Every day notes sales of i'm
portance. and IL is already evident
that the realty market of Salt
Lake is taking on magnificent pro-
portions. Also. ii is certain that.
great as has been the building ac-
coming year will far surpass IL. and
make a record high up among the
larger cities of the country,
Business in Salt Lake is very
strong and active, with prices con
stantly advancing. Merchants are
kinds are doing well, Collections are
satisfactory, and the prospects for
the future are roster than ever.
The increase Of 4l.2 per cent in the
bank clearances for the past week,
compared with the corresponding
week last year. show forth the story
in concrete form Of the city's mighty
sweep onward; and this is about the
average weekly gain since the Ameri
can party came into power January
last
I'm the State AT large, with the
heavy SHOWS to encourage the feeling