The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-06-27
Totals -. 1888, $50 so,911

Totals -. Sl693,&S2 S2,9ll,lop
sFor first three weeks only.
The total excess OF building permits
for the past months OF the year l9U9
over the first six months Of the year
1908 is thus $l.317,2l9. 1t will be OBJ"
served that the total of 1908 for the
first six months was but little more
than one-tbird the total for the entire
wear. Assuming, then, that the usual
Increase is observed during the next
six months. the total value of building
permits for the year should be about
b7700,000. In this assumption, how
ever. no consideration has been given
10 the two new hotel buildings to be
erected by the Newhouso Hotel COM
pany and the Utah Hotel company or
to the magnificent business building
Koarns. These three buildings alone
will increase the total value OF build
ing permits to S1l,200,000.
Conservative Figures.
1t is felt that these figures are con
fideration only the normal increase
based on the showing Of the past six
months. AS a matter of fact it is
known that there are under contenlpla.
tion a number Of buildings which have
not been mentioned as more than dehn~
lie possibilities. Among these are the
new building to be erected by Oscar
w. and James II. Moyle on the ground
recently purchased by them just south
pf the building of the Independent Tel
rphone company on State street, and
the new hotel and theater contemplated
by Mr.. Parkinson, the architect, on the
property just purchased by him on
Main street, between Fifth and Sixth
South.
In addition to these structures, IL
is 'know1 that capitalists and investors
not only III this city, but IN other
places, are looking for opportunities to
invest their money in new buildings.
il is pointed out by real estate dealers
that the movement in the erection of
business building has only just sta rted.
prominent realty dealer commenting
recently on the statement made in The
Tribune few weeks ago that the
value of new buildings now actually
under course OF construction in the city
amounted to moro than $S,000,O00
called attention to the fact that the
statement was misleading because il
slowed only the buildings which wero
actually known to be going forward
Since that time other structures have
been started. The list published at that
item did not include a number OF apart
ment houses varying in value from
$35 900 to $50 900 in value, and which
VIII be started as soon as plans have
been prepared.
Many New Residences.
Added to this showing are the hun
dreds OF new residences which arc be.
ing erected. These buildings vary in
value from $500 to $500 and swell the
enormous total of building valucs. 1t
is lnde" iiflicult to keep track Of these
fn1unE L.,
one oil the big furniture houses in the
city announced that they were actual.
~ going forward with improvements
to their plant involving the total cx.
pendlture of $l50,000. A prominent.
real estate. company is erecting new
residences in one locality alone which
involve the investment Of 100000.
IL can be seen, therefore, that the
statement of building operations as
contained in the building permits is
not only conservative, hut, in sense
misleading. since it does not show the
actual amount of work which is being
done at the present time.
Architects Are Busy.
1t Is significant, also. that it is al
most impossible to obtain from archi-
tects detailed drawings Of the eleva
Eons Of new buildings. "We are too
bnsT.' they sav. "to do more thnn
pceseat To our clients the details neces-
sary to enable the. contractors to pro
eeed eseed with construction - These things
OF 'tboost,' which is often heard FROM
promoters. They point unmistakablv
to a situation which is indicative Of
aetlon. Things are going forward
There IS no hurry, however; no fever
33sn activity, which savors Of a boom.
but simply an exhibition Of tremendous
energy on the part Of progressive citi.
Zens.
on every corner of the business dis