Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-06-06

week or two, when n dolugo OF buying
will surely follow June's first week OF
weather.
The most important new announce
ment OF the week Ia from the Auer-
bach estate. and II concerns a theator
on Third South between Main and
State, and n new home for the Auer-
bach store on Main street, TO be erect
ed while business goes on aa usual
without Interruption. This building ia
planned to cost about 100000. The
theater Is to cost n sum not less than
100000. II VIII be for new cir
cults home ana viii include a mod
ern rathskellar. with apartments
above the main floor With a depth
of 200 feet, the building viii have n
frontage of ITO feet and will be built
this summer That means that the
phenomenal success OF the first play
houses responding to the demand for
more theatrical entertainment Will DO
tempered by the entrance OF compe-
ition into the field, and possibly result
In prices sGch as prevail where such
competition Is keen.
AGtTATING FOR BOULEVARD
Fisher Harris was one time boom
er for u boulevard on the northeast
bench, Now he is busy with other
Things, and other people are taking up
the boulevard matter where the Com
mercial club laid 1t down, now almost
demanding that II be completed. In
stead of running, however, as II would
nave In 1905, past desolate hilsides of
sagebrush, II Will run within the year,
" completed, past beautiful new resi-
dences, for they are crowdlng that
way, an avenue at time being swal-
lowed up in the advance.
TO BUILD SOUTHWARK.
The opening of the Burton homestead
to the real estate man with the ambi-
uon to concrete and gutter the site, Is
a big move for homes south OF Salt
Lake. This is the nearest In section
not vet covered with suburban homes
end the reason has been that poor WI
ter facilities and poor car service have
combined TO keep the people away
However, the completion Of a sys-
TEN OF suburban watermains by the
county, paid for however by the people
adjoining whose property they run, has
solved one problem, and the people are
anXiously waiting for the extension of
the West Temple line to solve the other
AT Ninth South and West Temple
the walker people own an extensive
strip of land that It is said will be plat
ted following the erection Of the new
Schoolhouse to be built on their land.
This action should throw that tract in
to ready market and open the way
for taking the building campaign furth-
err out. The board of education has al
ready picked the site and viii order the
building for this summer. The fact that
this property has already been laid in
cement sidewalks on state street TO
Tenth South and trees have been plant
ed along prospective avenues, suggests
that IL is soon to follow the Burton
tract further south into the market.
REAL ESTATE NATIONALLY.
From the Realty Finance News Blu
reau of 81 Park Row, New York. comes
n document attempting to show that
the logic of the last panic has been to
turn investments from the usual cham
nels of the past decade into real estate
which the representation shows win
sell on the same income producing Nu-
sis as abroad, whera they have been
EDUCATED to the full comprehension OF
real estate as an investment. 1t Is
today almost alone in its freedom from
legislative attacks has a gradually In
oreasing productivity. whether procured
in rents. or In the products of the soil.
I'VE believe" continues the summary.
that conditions point to n real estate
movement which will make for years to
come large profits for all reasonably
careful investors, and which Will in the
end lead to a speculation in real estate
that will carry II beyond the level of
reason and In all likelihood be a large
factor In the precipitation of the next
panic
This national representation does not
take into consideration country west
Of Chicago and of the great western
empire it overlooks both causes and
their results. which arise from the fact
that a steady stream Of people is pour
ing in. Once stopped TO the eastward
by Denver, and checked when COM
ing from the westward by San Francis
CO, and Los Angeles and seattle. the
stream now pours over into the inter-
mountain west. and from its wealth the
empire is growing which shall know
salt Lake for It's center, demand the
new Commercial club home that Is al
ready in the making, and make the
present movement IN skyscrapers only
a small beginning towards the setting
of q future fashion.