The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-06-07
DAMP WEATHER
RETAROS TRADE
Building Projects Continue to
Be Big Factor in Local
Business.
SHOPPERS STAY INDOORS
INQUIRY FOR REAL ESTATE CON.
TINuES ACTIVE.

Business in salt Lake did not escape
the dampening effect Of the rains of
the past week. But. for all that, three
Of the building projects announced
during the week viii involve the ex-
penditure of more than s100o.C09.
Plans were made for scores Of other
structures. ranging from small dwell
ings to substantial apartment houses
and stores.
Early in the week Arnold w. Brun-
rer the New York architect who IS 10
draw the plans for the 100000 new
department store +. Auerbach & Bro,
was in Salt Lake to make a prelim-
mary study Of surroundings before
This building viii be a splendid addi-
ton TO upper Main street structures.
II viii be erected upon the present site
of the Auerbach store.
Yesterday plans for the $4,000
apartment house which is TO be
built at Brigham and A streets by
the Salt Lake Security & Trust COM
pany were approved by President f.
+. McGUrrin. The cost Of these two
buildings will aggregate 100000.
In addition 10 this the foundation
plans were received for the $3.50, 900
Auerbach theatre 10 be built on Third
South street, between Main and State
streets. Excavation for the founda-
ton of the new theatre will begin at
once. The complete plans for the en-
tire building are expected on June 20.
Another theatre is to be built by the
managers Of the Orpheum circuit dur
ing the summer, according 10 the an
nouncement of the Salt Lake repre-
senJatives
Work is Progressing.
Work is progressing rapidly upon
the substantial apartment house
which is being built by the Mutual
Realty company at Second South ana
Second East streets. This Will cost
S120, GOO The $50 900 Ritter apartment
house at Second avenue and B street
commenced on May 10. will probably
be completed by Oct. l.
In real estate circles. while there is
an active inquiry for property. the
real estate men had little use for their
automobiles and buggies much of the
time during abe week because of the
rains and the consequent uninviting
condition OF the outlying unpaved
thoroughfares. Many deals which
would have been closed last week were
postponed until better weather reaches
enjoyment in visiting the ground they
are TO buy.
Retail merchants looked in vain for
many of the usual shoppers, who had
decided TO remain snugly in their
homes until the skies cleared. But
while sales were considerably reduced
because of the weather conditions. the
merchants. in face Of the multiplying
indications of the advancing prosperi-
~ Of salt Lake. were not disposed To
grumble very loudly.
Commission men, although unani-
mOusly of the opinion that a period OF
clear weather would be the most &C
ceptable thing AT this time. say that
this Will be a prosperous year for the
valley farmers. They think that what
ever slight damage may result from
the prolonged rains Will be more than
offset by the general benefit In addi-
ton 10 insuring good crops OF wheat
and oats for Utah farmers, the rains
it is said, have improved the range for
sheep and cattle men.
There is plenty of money To be had
on easy terms for legitimate enter
prises, particularly in the building line
Taking advantage Of this condition
many persons who own unimproyed
lots are building homes.
There has been, a stea1iy- advance ir
the stocks in the local list. Utah-Idanl
Sugar preferred moved up To $3.50 The
dividend Of 17I9 cents a share on this
stock is payable June so. Dividends