Show THE RENTS THEY PAY The Figures Obtained by Landlords Land-lords on Business Blocks THE HOARD OF TRADE HUILULNG The Glencoe 3Hnins Company Incorporated Latest Heal state Sales General Business Notes Ihi real estate market has been increasing increas-ing in activity during the past few mouths but the boom has not been connned to realty circles Every branch of trade is in a most prosperous condition Nowhere is this made more apparent than in a careful investigation of the rentals being paid by our various tradesmen All along the main business streets rents are very high with the exception of those buildings which had been leased for a long term of year prev ious i-ous to the arrival of the boom The fact that business men can afford to pay large rents of itself indicates thrift and pros pert When rents are high there must be a corresponding increase in business The demand for desirable and commod ious business loations is ever day increac lag and it far exceeds the supplyin fact there are no business houses for lent The rents paid also bring out another an-other important factor the opportunities for the piotttible investment of capital in handsome business blocks There is scarcely u city where capitalists can plue money to better advantage than in Salt Lake A few illustrations will sere to emphasize the statement The corner now occupied by R K Thomas demands a large lent Theowners hav e just refuse an offei of GX per month their price being seven hundred t seven hundred and fifty dollars The ScottAuei bach block rents the looms on the ground floor at tiTh and KIsi 0 month while the offices on the per whie ofces upper floors rent at from 22 5 to 565 per month each I S1 Nathan pa sfci > 0 per month for his store room properly which tuce years ago sold at NrfiO per front foot Hyde Griffin refused sell their case which runs a few months longer for O per menth with a bonus of 75 The Auerbachs consider the store thev now occupy worth at least t750 per month Store rooms on First South street nun east of Alain rent at J and upward ic cording to size faster than they can be built a room fourteen feet front uid sixty hire feet m depth renting for iJ The store now occupied by Spencer Claw son brings a rental of 5200 per mouth He will vacate it as soon as his new block is read and the persons who will occupy it have secured a lease it fcoQ Since that time several offers of 50Xi per month have been made to the owners The above ire only a few examples of tie many which could be cited and give a fail leprestillation of the puces paid throughout the city The Board of Trade Baildmpr The new building to be ereted by the Salt Lake Board of Trade 01 the north side of Second South street one and a half street blocks west of Main promises to be a handsome structure The plans prcl led by n Kletting and adopted at a recent meeting of the board are after the latest style of architecture and the building will i be one of the handsomest on the stieeo 1 eJ gl 1IJ Uic when completed The giound floor will bo I divided into two store rooms The second story will be used as a chamber of com meice hal the thud fourth and fifth floors will be used as ofliee unless the upper floors arc rent to the Masonic order The front ic to be of brown stone in Ameiiean Romanesque style ind will present a massive appearance the windows win-dows and doors being set far back and the height being eighty feet from the ground The interior decorations will be appropriate and all the modern conveniences such as elevator eleva-tor fire escapes steam heating etc will be arranged for The ceilings on the ground floor are sixteen feet and the others are graded down to ten feet on the fifth floor The building when completed will cost about SniJOOO The plans are made with reference to the strictest economy compatible with the structure Work will be begun on the excavation this week and it is expected that if the winter weather is favorable to have the building rerndy fer occupancy by larch The Glencoe Mining Company The articles of incorporation of the Glen coe Gold and Silver Mining compan were fed with Clerk Cuter yesterday The incorporators are M Shaughnessy H G AIcMillan A L Thomas Josiah Barnett and Gabriel Erb The capital stock is placed at2 500 000 and this is divided into 100 000 shares of the par valuo of 25 each Ills held as follows I Share M SliauRhnessy 10000 11 G McMillan 10 000 A L Thomas 0101 J IJaniett 10 000 G s rn > loooo George S Franks 10 000 i A 11 Bradstreet 10000 D y AVebstcr 0 u 10000 C H Hnggs 10000 D E Soules 100CO 1 Shaufehuessy Is president and treasurer treas-urer G S Erb vicepresident H G McAIillan secretary and these with the addition of A L Tuomas form the board of trustees Speaking of the Glencoe thePtcnrd says Sev eial men have been put to work on the Glencoe mine which is owned pnneipill by Col Shaughnessy of Salt Lake This property is situated southeast of the Ontario Onta-rio m Blue Ledge district and has always been considered to be very promising as an ore producer Some sloping has al read been commenced and enough first class ore will have ben taken out very soon to commence shipping to the smelters Matters are to be put in shape ft the mine for extracting ore en as large a scale as possible The Glencoe has a large well defined vein of bas ore assaying high in lead which is very desirable at the smelters smel-ters Col Shaughnessy will not have the propose concentrator for treating the im mouse amount of second class ore in sight built until next season because of the nearness of winter |