The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-08
REALTY MARKET IN
GOOD CONDITION
Indirectly but Strongly Bene-
fitted by Stirring Events of
the Past Week.
COLLECTIONS IMPROVED
Many Deals Have Been De
Iayed by Reason of Fair
and Conference.
COLLECTIONS IMPROVED

Real estate is one OF the few lines
of business which did not draw in
creased profits through tho unusual
happenings Of the past week, although
If is maintained that the future out
look for a splendid fall and winter
season has undergone no modification
While the week proved decidedly al
vartageous 10 mos, business men. real
X dealers assert that the visit OF
President Taft. the holding OF the an
nual state fair and the opening or inc
semi-annnal conference. all cro"nvo
into seven DAYS. had tendency 10 re-
strain prospective transactors from
closing deals.
Dpspite the moderate market. when
is said TO have been due entirely TO
falling off in direct transactions, rent
ais, deferred payments and collections
in general have been better than Tor
weeks past Inquiry for the larger
tracts has been stronger. prospective
sales OF a legitimate character nave IN
creased and dealers hold firm 10 thelr
faith in n future brilliant market.
This is demonstrated by the increased
efforts that arc being put forth IN the
general improvement of the southeast
crn residence section and in other grow
ing districts.
More Money to Loan.
The week s influx of visitors, coupled
with the first returns from cattle,
sheep and the beet market. raised the
amount Of money circulated 10
marked degree, which pIaved the lmpor-
taut role in easing collections. AT the
same time, loan firms have offered
plenty Of money on easy terms anu
security deals for the week were not
less encouraging than for the preceding
week. conceded to he the best IN all
branches Of real estate since spring.
4, the opening Of the week pros.
poets were bright for Il continuance OF
the former week s splendid aggregate
of business. However, both dealers
and ucgot iators were kent busy in other
channels through tho three big events
of the week. which postponed definite
action on the deals pending. The more
optimistic dealers forecast that this
means big business during the coming
week. 1t is argued that those who
earnestly contemplated transactions last
week will remain over 10 attend to
their wants, pow that festivities, re
Unions and sightseeing, TO say moth
ing of merchandise shopping, are over
in large measure. The week is looked
apou AS having been holiday season
10 be followed by double business.
In contrast to the brief lull in cash
transactions or the closing of deals by
contracts. the Improvements now under
war by different interests in the big
resid encc sections of the city arc be-
ing pushed forward with renewed vigor
Favorable weather has made rapid
strides possible especially in the south
eastern district, where the improve
mcnts are going OH upon broader
scale.
New Car Line Helps.
The Fifteenth East street car line
bids fair 10 become the most simportant
factor in the upbuilding Of the cast
and southeast city. All through the
week. the big steam shovel WAS at work
cutting It's way along the proposed line.
One cut 70 feet wide has now been
completed as far as Ninth South on
Thirteenth East street. and IL Is cX-