The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1909-04-25
SALT LAKE NOW
GROWING RAP IDLY
Business Improves = Much
Building Going 0n-Real
Estate More Active.
BUYERS ARE NUMEROUS
BOTH CITY AND COUNTY PROP
ERTY is IN DEMAND.

indications point 10 Unusually CANCAA
sive building operations in Salt Lake
this season. During the past week
number Of big contracts have been let,
and hardly a day passes without i'm
portant building permits being issued.
The demand for all kinds of city prop
erty Is unusually brisk also, and the
real estate men are experiencing rush
that bids fair to eclipse any boom Salt
Like has had in years. Not only is
city property selling fast and at re-
markably satisfactory figures, but
throughout the state land is being
picked up about as fast as it is put on
the market. Many purchasers Of Utah
property so far this year have been
substantial land men from the east and
south, and, without an exception, they
have expressed themselves as being
well pleased with the deals which they
have madf.
Business conditions throughout the
state show a marked Improvement
Real estate men are calling for loans
at the banks. and these institutions re
port the demand for money better than
ii has been for some time.
salt Lake jobbers. manufacturers and
retail merchants are more than salts
fed with trade at this time. and it is
the general belief among business men
that conditions viii improve to an un-
usual degree as the season advances.
Bank CIearings.
The total clearings for all Salt Lake
hanks for the past week amounted to
1856, 1924. total of S5,0S1, 923.37 over
the clearings for the corresponding
week of last year. The cleariugs for
Yesterday were 1925. 692- go, as compared
with $3.50. 494.37 for the corresponding
DAY of last year.
The bankers look upon this increase
in business as a promise of very pros
porous times.
Activity on Capitol Hill.
BY the placing on the market four
teen of the best lots and building sites
on Capitol hill, the Peterson Real Es-
tate & Investment company this week
marks an important opening in Salt
Lake real estate. An activity in Cap
itol hill real estate is more noticeable
than ever just now.
state street suburban holdings are at
tracing much attention, and a rapid
growth of the south side is anticipated.
Realty values are steadily increasing ip
this locality. Lockwood. a recently
opened plat. is being improved and ex-
plotted by a local real estate firm, and
is a desirable section for homes.
Sales in ldlewiid.
The sale of sixty-five lots in idlewnd
and Sunnyside additions this week,
made by the A y. HUMPHREYS company,
indicates the activity which has char
acterized that district. Saturday the
sale of ten lots in Idlewild and four in
Sunnyside addition were reported by
Mir. Humphries.
J. II. BardOn and J. A. IversOn. local
building contractors, bought four sun
nyside lots facing ON Fifteenth East
and Twelfth South streets. These will
be used for the erection this summer Of
two modern cottages. Each viii cost
$1,000, and will be occupied by the con-
tractors
Mrs. ". ". ClOugh. prominent no.
tel owner of Coalville. bought three lots
in IdleWild. 1t is her intention to sell
out her interests in Coalville and make
her home in this city. She viii improve
her property next summer.
Edith NJ Brown of Bingham bought
three lots i'm Idlewild. which she in
tends to hold for investment. and NJ
Marioneaux, a local merchant, also
bought two lots for Investment.
Sites for Buildings.
have twelve modern four, five and six
room houses under course Of construc-
ton. They have purchased several
building spots on which they are going
10 erect other modern cottages ranging
i'm price from s. eco to $4,000. The last
few days have been very busy ones.
and they report the following sales.
Lots 70 Anders Anderson and b y
Mcneil in Perkins Second addition.
lots 10 Claude Barnes. William Russell.
Leroy Pickering and Guy Smith on the
northeast bench; lots to Walter Wright
on southeast bench. lots i'm Hampton's
subdivision No ,, to Andrew Eii1rum.
lots from Theodore LOvendale TO Fifth
ward meeting house: lots to w L. Bills
I'm West Drive subdivision: house to
Albert Mortensen; house from Rudger
AmundSOn to Daisy Crochet: house
from Daniel HowellS to Coop. Invest
ment company; house from Burt &
Carlquist to Gus Olsen: house from
Burt & CarlQuist to Charles Crager-
house from Burt < Carlquist to +. r.
Bills; house from Coop. Investment
company 10 William II. Barber. house
from Addison Game to Paul Hamp-
shire; house from Coulam & White TO
Hattie Blair; house from Burt & Carl