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Show NEWHOUSE INVESTS 5 I ILLION3. Millionaire Mine and 8me r Owner Shows His Fnlth In tah. Salt Lake City. Tho m j glgnntlc Individual deal In commeriljl real es-toto es-toto over attempted In SnltlJiko City and ono of tho most ImpoVant and .IgnMcnnt transactions of ItfAliid tho west has known In year-twos consummated con-summated hero Frldny -. when Samuel Newhousc, tho-Wl-mllllon-aire mining magnate n VS city, secured se-cured tho final option ""rMhlni control of .pactlfJJlJHy,-block .pactlfJJlJHy,-block ot property In thWBaBTo Salt take's retail buylnessv-V-lct and threo big corners outsldowj block In Its Immediate vicinity Pal thrcoj nuartors of n mllo of tusm W strool frontago and cloven down'lljjn bush noss comers. .ri , . Tho deal Involves n consVyftitlon ol 11,000,000, to bo paid out 1 1 J cash for tho property now held undoiloptlon by Mr. Nowhouso within the next sixty days; tho expenditure of $5,000,000 In Improving tho property, Including the. erection of two sky-scrapers, and frailly fra-illy tho Immedhito acquisition of mor property In tho vicinity of tho hall block purchase, |