The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-19
Inquiries for Good Locations
Unusually Numerous for
This Season of Year.
OUTLOOK IS EXCELLENT
Feeling General That Coming
Year Will Be One OF
Steady Growth.

r. is generally conceded that the
feeling among real estate dealers Of the
city became more favorable and OPP
timistic during the past week than for
some time. The market held to a
steady, healthy business, without any
transactions or indications that might
be termed features. kirm prices OBJ
tanned and inquiries were brisk from
inside aud outside sources alike.
Now that the municipal election has
passed. a good MANY prospective buyers
or investors have determined upon
future course, and have been quick TO
act Tho new and reduced freight
rates that went into effect November IL
also produced a stimulating effect upon
the market ut the close of the week,
while the beginning of active steps by
the Utah Conservation company to-
ward the reclamation of moro than CO.
900 acres of arid land in salt Lake
county is prompting many To acquire
holdings before prices advance
By virtue OF this feeling. and also
on account of easier money. rentals and
sales felt somewhat of an impetus dur
ing the week, which dealers declare
unusual at tins season of the year, Col
lections were also beyond expectations.
View of Expert.
| In speaking Of the conditions Of the
| local realty market Yesterday, George
NJ. Cannon, president of tho George NJ,
Cannon company, gave the following
interview:
| Everything III real estate looks
favorable. and ! sec no reason why the
year 1912 should not be one of the
best in the city's history. The amount
of building commenced or under prep
aratiou in the shape Of large structures
ought to be the greatest we have ever
| known.
"Among these the ono Of greatest
Importance will Of course be the $2,-
800, 900 state capitol building. There
will also be tho siytceu-storv Walker
Bank building, the Newhousc hotel and
thcatcr, the 100000 new high school
the central building at the state uni.
versity and the Auerbach department
store. These structures alone will run
up in the ncighborhood Of $7,OO0,00O
To those must he added many important
buildings which. under ordinary cir
lcumstanccs, would be considered large
but which, of course, do not compare
in magnitude to those named; also the
hundreds of residences which the city S
continued growth is bound TO require
'The fact is that every man who
ever lived in Salt Lake City and whose
stock raising or agriculture. takes him
to other parts looks longiDgly back to
Salt Lake rs his ultimate home And
these men, when good fortune has
smiled upon them. almost Invariably
return to Salt Lako to invest here tbeil
? surplus means and to make this their
home.
Will Be Years of Growth.
Public improvements also of grea
magnitude will he made next year
These incluGe the improving and paw
Ing of number of our importau
streets. The extension also of th'
street car lines will add their part Il
the employment of the masses. Chic
among these lines is the track ALREADY
laid TO the new high school site, be
ing continuance of the Second Soutl
street limo along its present course =,
far cast as Eleventh East street; theme,
south past the Judge Mercy hospita
to seventh South street; thence cas-
to Thirteenth East street. aud thence
on that street to the southeast cornc
of the new high school site.
"The track is already laid to TIN