Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-08-28

2Nepnl& NallOnal Dank 12OuU
Ogden Savings bank rs 90
Pingree National bank, Ogden. Y. 202eo
Provo Com. 3 Savings bank. 1000
Rocky NTH. Bell Telephone Coz. $500
Salt Lake Security & Trust Co.. $4,000
State Bank OF Utah -. /. 1. 225 90 4
State Bank of Brigham City..... 1000
Sugar City Townsite Co.. 10000
Thatcher Bros. Banking Co. Log. .150 90
Utah Bkg. Co. Lefi s. A, Fork y. 15n. 90
Utah Idaho Sugar Co, pfd ......... s.95
Utah Idaho Sugar Co., com....... 295
Utah County Lights Power CO.. 1.o5
Utah National Bank 49,. -. $50. {. 125. 0c
Utah Imp. Vehicle Co. (. !. ...... $500
Utah Savings & Trust CO... .11a.tO
Walker Bros bankers $50. 90
Western Loan & Savings Co... 10000
lions Savings Bank & Trust Co. $4,000
II. q M. 20S.00
% G. Home Bldg. & r. e. Co.. pfd. LOO
.. G, Home Bldg. & R. E. Co. com. LOO
BONDS,
Salt Lake City Railroad 4. 81 /. !. !. 4. 81. .101
Sumpter Valley Railroad ..........101
Utah County Light & Power Go. 10o
Utah Sugar Co:...... ....}...........104
Real estate men report the market
looking a little brighter now that the.
backbone OF the summer is broken,
and the fall demand this year promises
to be exceptionally good. There is said
to be good inquiry now for good
residential and business property, but
prices are held so high thatsthere is
( some hesitancy on the part OF the
investing public in purchasing. This is
especially true of Main street pro-
zperty, prices for which have been
moved up several notches during the
last few months as the result of a
few sales at what looked like fancy
sprices. There is a good demand for
sub-buslness property. though transact
lions have been slow on account Of
tho season. Interest is also revivings in
the additions. now that the weather.
will allow of prospective purchasers
visiting them without experience
ing discomfort from the heat. Taken
altogether the real estate situation
looks bright, and the feeling Is thar
the present interest in this form OF
investment will continue for some time
as profits are sure through prices go
ing higher as the city proceeds on It's
career Of unparalleled growth.
Lots II, 10, 16. Block 6, as feet from
on Sigsbae avenue. Federal Heights
have been sold for $4,000 to George
wv. Eldredge. who intends building
handsome home on this location. Mr..
Eldredge Is native of Boston. where
he studied architectural construction
under the most noted architects of
that city. The phenomenal develop
ment Of the intermountain west at
8tracted him to Salt Lake three years
ago. His work may be now seen
throughout good part of Utah and
Idaho. AS unique examples of original
work might be mentioned the $4,000
amusement hall and office building
at Burley. and the hotel and store.
building at Pingree, Idaho. The odeon
was designed by him, and he is now
busy changing the old roof garden in
to q social gallery, as a pleasant loung-
ing place for guests not dancing. Mr..
Wellington r. Lakes beautiful Brig
ham street residence "Cobblecrest,"
Is a charming example of individual
design, executed with taste and digni-
sty. Mr.. Eldredge's design for the
}Bergerman & CHASER apartments on.
east Third South has been highly
praised for it's exhaustive attention to,
the minute and manifold details that
make for apartment house comfort.
Federal Heights is fortunate in being.
selected as a home site by Mr.. Eldredge
as he expects to build his home along
entirely original lines. unhampered by
any other considerations than his own
ideal OF beauty and comfort
The Swiss chalet cottage built by
Gray & Grosh on Perry avenue. front
ing .Schley Park. Federal Heights, is
ali complete except the interior tslish
!. i. r.. 7Nibley's new residence. 'front.'
ing Common Park, at the intersection
of Sigsbee avenue and South Temple
street, Federal Heights. is all under
roof, and the single facing is now
going on. This single facing is to
be in Old English style finish, beauti-
fully stained.
This week will see the finishing of
the cement curb and gutter and side
walk on South Temple and Sigsbee
avnue. between Conner Park and VOL
colt avenue. The petrolithic paving
will be started Monday.
Ground was broken this week at
the corner of Perry and Sigsbee
avenues, facing Farragut Park. Fed
eral Heights. for the foundation Of
an $4,000 home in Early Colonial
style. combined with Roycroft crafts
man, for Edna Van Wyck Callahan.
George w. Eldredge is the architect,
The original Colonial California bun ln1
Heights finished in natural wood with
| quarter sawed oak floors. for Arthur
| Thomas, has been completed, and Mr..
Thomas expects to be at home there
by September LIST.
The concrete Foundation for the n.
| j. Wallace residence at the head OF
| First South street. Federal Heights.
\ has been completed, ana DrlcR lay
ing has commenced. w. Fl, Lepper Is
| the Architect. @
An interesting illustration of the
! rise in Salt Lake real estate values Is
/ given BY the recent sale of the j, NJ
\ Moore home on South Temple street
1 Federal Heights. This home is on a
i so foot building lot, which was bought
\ in July. 1908, for $1,000, improved
/ with $1,000 house, by January. 9o9
/ and used as a residence until August
I19O9, then sold to w. Fl. Cole for the
sum of s11,500. This was gain IN
i value of $1,000, within the year
(. which together with the rental value
Of $50 per month. or $500, is a gross
profit of $780, or Is Fer cent IN,
4 crease on Mr.. Moore's investment OF
4 $4,000 for one year.
Mrs. i. Reeves, who owns the cot.
iltaees in Willard court OH Sixth Soutf
between West Temple and First Wesi
streets. will shortly start ren1odeline
4 them SO as "a make them thoroughly
modern In addition to making sewer
4 connections the cottages viii be
changed 50 as to include bathrooms
4 with hot and cold water. Architect j
4 Al. Headlund has prepared plans fol-
+ the work which is expected TO COS
about 5000.
Il Activity in suburban real estate con
4 tinues and dealers generally anticipate
4 Increased buying now that the llo
4 weather is drawing to a close. AMONG
4 the additions in which special work !.
4 being done is Emerson Heights. fln'