Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-05-14
DEALS OF THE WEEK.

According to The News forecast
work looking 10 the permanent inn
provement and building up OF Third
South street from Main street to the
new Denver a. Rio Grande depot has
already begun In a most substantial
manner. Two new hotels Will soon
grace that part of the city. The three
story Peery hotel building on the cor
ner OF West Temple and Third South
has already begun and in a few days
excavation work viii probably be start
ed on A. II. Nogelers proposed 100
room hotel on Third South near the
new depot.
The Peery Hotel company has just
filed its articles OF Incorporation cover
ing the Peery property. The capital
stock Is 100000, ! 600 shares Of 500
each. The officers Of the company are
Mrs. Elizabeth Peery, president, JOS.
$. Peery and Horace Peery vice presi-
dents. Harold Peery, secretary and
treasurer. These with Louisa Rich
ardsOn, constitute the board Of direc-
tors. Architect Irving GOodfellow Is
at present working on the plans. which
show large ground-iioor store rooms,
with the two upper stories for motel
purposes. The excavation work Is now
well under way. and the building viii
be erected as quickly as possible
"I have heard II reported that there
are today 1000 empty houses in Port
land. but no such condition as that eN-
lists in Salt Lake" said Fred Little OF
Little q Little this morning. 'Sait
Lake is not being over-built. As PROOF
OF this statement just inquire around
and ind how difficult It Is to secure
houses 10 rent. They are almost un-
obtainable. This holds good for busl-
ness and store rooms as well as resi-
dences. Things are a little quiet Just
now. but we cannot expect brisk times
every week and every month OF the
year. We are very well satisfied WIN
the local situation. see eastern stocks
are beginning TO rise which means the
money market Is loosening up some
what. and ready cash will be much
more easily attainable both abroad ana
here in salt Lake"
The real estate firm Of Burt Carl
ouist. the Home Builders report
sales for the week as follows; a -FOUR
room modern brick residence in JET
ferson place TO Mrs Mary Reed Healey
Of Anime, Utah: a bun brick cottage
Of ave rooms. 10 Mr.. Louis p. Granger
"a member Of the firm Of the sanders
Granger Floral Co "a modern eignt-tnchl
residence located in one OF the hnest
residential districts OF the CITY 10 MT
r. III Strickland, manager OF VIC wan
Mines company; 10 Mr.. G. II. carr OF
the postal service. a pretty four-room
brick cottage Just on Ninth East street,
and a modern four-room brick on sew
enth south street. near Second West.
10 Mr.. A. Lorenzen. Mr. r. T Robins
purchased a lot on Douglas avenue
and Mr. Thomas Welshon Of Pennsyl-
vania bought a 14-acre fruitvfarm.
The firm have also, In addition 10
the above sales. contracted during the
week 10 construct residences for Mr..
Frank Groesbeck Of the d. & r. G.
ticket Office. a ive-room, high-class.
modern bungalow. on Tower Heights.
and a seven-rOom residence on Ninth
avenue for Mrs Margaret Poulton.
Also deal pending involving the sum
of So. 900 for the construction OF four
double terraces In the southeastern part
OF the city.
The firm has also under construc-
ton In various parts Of the city II
modern houses. which are nearing COM
pIetion. all being built under tho d.
rect supervision OF their architect
The Sears Realty company has had
a busy week. Its sales have been con-
fined the past few days exclusively 70
farm property in Salt Lake county.
Nearly half a dozen big sales have been
negotiated. one Of which covered large
acreage near the city. involving a sum
close TO $50 0O0 This week has GER
tainly been a good one for us" said