The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-12
REALTY MAINTAINS
A HEALTHY TONE
Dealers Hold Faith in an EY-
ceptlonally Promising
Outlook.
INQUIRY ON INCREASE
lnclement Weather, However,
VIII Tend to Retard Build
ing Operations.
INQUIRY ON INCREASE

Business fu local r's1ltv. while rot 20
bright during the past week AS during
preceding periods of the fall season.
still maintains healthy tone, and
faith is held in promising future out
look. With the advent of the first
Snorstorm Of the winter. forecasting
the cold and the stormy season 10
direct much of their attention to plans
for early spring. 1t is expected that
1912 will mark ono of the greatest
building and property transfer years in
tho community's history.
AS reasons for believing so. realty
dealers md builders refer TO the con-
stantlY increasing inquiry both within
tho city and from points outside city
and state Indications are that money
will become easier for building pur-
poses and the purchase Of properties
Architects report many inquiries for
tentative and permanent plans. Many
new residences and buildings are at
present under way, and still many
others already planned will not be
erected until after the winter season,
What is conceded to be sn impending
betterment in conditions generally
throughout the country also adds TO the
faith in 1912 activities
Effect Of the Storm.
The many improvements begun by
municipal aud private concerns in diff
ferent sections of the city are at some
what Of a halt, on account of the storm.
Inclement weather will postpone COM
pleting these undertakings until the
weather permits. However, much has
been accomplished in the past few
weeks in the residence additions, and
also closer in.
The new "Hvlandp exchange build
ing of the telephone company is well
under way. work in tearing down the
old buildings at the corner of Main
and Second South streets to make room
for tho big Walker skyscraper has
commenced in earnest. the Auerbach
building is soaring upward, the Walker
store building and the Bamberger
depot. near Exchange place, are nearing
completion, and many other activities
in building operations are evident on
every side.
In the outer additions streets have
been graded. guttered and curbed:
others have been paved. and all the new
additions have installed modern facill-
ties of every kind. to make their
offerings attractive to prospective resi-
dents and purchasers. From the south
western section TO the north bench
these improvements have been carried
on at great expense. but the real estate
promoters generally agree that the
money has been well expended and that
business has been moro than profitable.
Monev Is Plentiful.
While the week was without features.
inquiry is said TO have been good,
especially in properties near the city,
Out of town tracts have sold to a good
market. especially in orchards and farm
lands.
Dealers report that money for build
ing purposes is plentiful. and that many
business men are seeking to loan out
funds at low rates on propositions of
merit with good securities. The build
ing societies have more money out than
for many weeks. Different firms report
encouraging sales, and declare they
hold records rife with prospective
transactions. Rentals remain about the
same in rate, with an increased demand,
and collections for the week were good.