Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1911-07-15

II the city Of Phoenix in particular
and the Salt River valley in genera
does not enjoy a period of Imprece-
dented business and realty activity
during the coming fall. winter and
spring then will all signs fail and
the result a lot Of bitterly disappoint-
ed Phoenix boosters.
They cannot be called boosters ex-
cept in the best sense of that term
for the men interviewed yesterday on
the outlook for the realty market at
preesnt and in the very near future,
are men whose all is invested on the
utmost faith in the valley and its
metropolis.
According 10 such men as J. s.
Griffin. Of Greene and Griffin, II l.
Latham, Charles Stauffer, of f. ].
Benntt and company, w. X. James
and others. the summer realty market
is the best I'm the history of Phoenix.
While the transfers have not been
very abundant since the heated term
set in. they have been in excess of
all previous summer seasons. and as
for Inquiries from prospective in
busy for weeks answering such. and
the replies in turn forecast a record
breaking rush of tourists and investors
as soon as the frost begins to settle
down over the severely wintry eastern
section OF the country.
Many reasons are ascribed for the
present and prospective activity in
the realty market First of all is the
prospect of statehood. which has
turned the thoughts Of hundreds OF
moneyed men. Of large and small for
tune Of every territory in the union
heretofore admitted to statehood to
enjoy a period of large growth and
material development following ad-
mission TO the union. The reason is
natural one. Statehood to the east
ern or outside investor anywhere
spells stability Statehood means To
them a virgin country Of undeveloped
resources waiting for the touch Of
capital To make them develop and
produce.
The second reason for the pros
pective industrial activity is the COM
pletlon of the Roosevelt dam with its
assurance Of an abundant water sup
ply for at least a quarter of a mill
lion acres of the richest land on
earth. With the completion of the
Roosevelt dam and the abundant rains
following 10 fill the reservoir the wa
ter question was for the first time
settled. ceasing to be a problem.
Third, the board Of trade and in
dividual firms have been carrying on
an extensive advertising campaign all
over the east and the Pacific coast
The Incompatible winter climate Of
Phoenix has been exploited as never
before. and this. in connection with
the completion of the palatial Adams
hotel. is an attraction which will
surely crowd the big hosiery from
the day Of its opening. November l..
until late in the following spring In
fact. realty men of Phoenix are pre-
dieting an all the year round period
of abundant prosperity for the Ad-
ans. The present summer Phoenix
climate has compared more than fav-
orably with that Of Kansas City. St.
Louis, New York. Baltimore and 9TH
er pOpulous centers Of the middle
west and the eastern seaboard where
hundreds have died from heat and the
deadly humidity accompanying. Among
the realty men has arisen a determ-
ination to let this be the last ear that
mistaken ideas shall be allowed to
prevail through ignorance of Phoenix
summer climrate.
Phoenix and the valley have expe-
Fenced the slump in land values
which, according to local realty men,