The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-05-16

Real estate matters have been un-
usually active during the past week
and there have been not only a good
number of large deals, but an extra
large number OF small ones as well. The
market is reported especially strong,
but with no indications Of a boom and
| little or no tendency to initiate values.
In fact, most real estate dealers depre-
cate any imitation very highly and com
| ment on the i'll effects of such d course,
since a period of imitation is always
| followed by a period of depression.
Reports of large enterprises in the
building line are heard on all sides and
show that investors are taking steps
to place their capital in good paving
propositions and are taking advantage
of the spreading out Of the city. Sam
uel Newhnusc has declared his intention
of erecting additional buildings In the
near future and carrying out his origi-
nal scheme of occupying the entire
space about Exchange place and Cactus
street with new business structures,
Not the least important of these will be
the huge mercantile institute, which
will form new feature Of business in
dnstry in the city.
Nj. j. Cheesman is reported to have
declared his intention of erecting a
handsome business block which will oc-
cupy the southern portion of Fourth
South street from tho Newhouse hotel
to West Temple street. and which will
provide ono of the finest business prop
critics of the kind in the city.
Architects and builders all over the
city are busy and contractors have their
hands full TO care for the new build
ings being erected. The buildings al
ready well under way, such as the Nc
Cornick-McIntyre building, the ,Jcn-
nings- -Worthington building and others,
are being rushed, and almost every day
shows some change in the appearance
of these structures.
j. J. DAILY has said that he intended
to have his new hotel at the corner Of
State and Fourth South streets ready by
the opening of the national G. A. X.
encampmcnt. and the executive direc-
tor Is reported to have applied 10 Mr.
DAILY for the use of the building for
one branch of the Grand Army during
the period of the encampment,
Following are few of the realty
deals during the past week;
The Hubbard Investment company re-
ports great activity in the sale of build
ing lots in Oakley addition and great
spreading out In the residence district
of the west side. Luigi Nicola pur-
chased home on Iowa avenue during
the week from w. G.. Gilbert through
the Hubbard Investment company. The
property is located just below Third
South and across the Jordan river.
Orders for four lots in Sherman addi-
tion on Third East, between Eleventh
and Twelfth South, were reported dur
ing the week, and an order for three
lots IN block 80. Oakley park, was re.
ceivcd Friday from Montana parties
by telegraph.
An investment which will mean the
ultimate expenditure of a large sum of
money was consummated recently by
the Salt Lake Real Estate and Title
company IN the purchase of the com.
plete city block between Eleventh and
wolfth avenues and X and L streets
on the north bench, the location known
as the Dunford estate. The price paid
was $4,000, and within short time af-
ter the sale $4,000 was offered for about
half of the property. This is com
mented upon as showing the manner in
which the determination to improve res.
idenee property here attracts investors
Sales amounting to about $4,000
were reported during the past week by
the Capital Real Estate Investment
company as follows:
Eight-room modern brick residence
on Second avenue. E. i, Godbc to w. X.
Mason
Fiveroom brick cottage, 1889 Ninth
East, from Christ Kupfer to Mrs. Han
nah Anderson.
A pair of lots in View City for Mrs.
.. T.. Dennis; pair Of lots in West
Temple addition for W. f. Neary: a
building lot on Eleventh East. between
First and Second South, for S. Il. Bopps.
and building lot on Second East, be.
tween Eighth and Ninth South, to Mrs.
Ella Quayle.
Meeks g. Mccartney report great ac.
tivity IN College View addition. with
the building lots in excellent demand
work on grading the streets and ar
lively and all Improvements are re-" ooino av
forward rapidly. "''
The corner OF Sixth avenue and d
street was purchased during the week
by Scott Weller through the real estate
once, OF Eardley g. Ball. This corner
mas been held and occupied by John
Brough, since 1878, in which year he
received it by mayors deed from Dan.
iel II. Wells, Mr.. Weller has placed
the matter entirely in the hands of
Eardley Ball, and they already have
plans out for the erection thereon Of
two modern, pressed brick homes. IL is
intended to improve the corner and
place the two cottages upon the market
as soon as completed,
Mrs. Rena B. Maycock. instructor in
tne Agricultural college ut Logan, has
placed IN the hands Of Eardley & Ball
the Improvement of lot owned by her
on Seventh avenue, between T and G.
streets, next door to Attorney Matt
Thomas's home. The activity of the
real estate market on the north bench
has convinced her that improved prop.
erty there is good and safe invest
with two large sleeping porches. II is
built for Investment and will ha cold