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Show The Enterprise Review, December 29, 1976 Page 2b Christmas Cuts Short Realtors Sales Week An abbreviated Christmas sales week for realtors led to a 43 percent decline in overall real estate sales for the week ending Dec. 24. Total sales for the week came to 108 properties selling for $4,797,822. The sales period ended Wednesday, the 22nd. The Salt Lake Area WHOS RESPONSIBLE? ' ...To see that 25,000 youngsters get first-han- d exposure to careers in the community each year? ...To answer more than 1,600 inquiries each month seeking statistical, economic and tourist information about Salt Lake? ...For spearheading downtown improvements which include the. First South and Main Street beautification projects? ...For arousing public opinions on such issues as Common Situs Picketing, Clean Air Act Amendment, metrication, crime prevention, low-incom- e Board of Realtors reported 90 residential properties sold for $3,605,142, down 53 percent from a week prior. Average home price for the week was $40,057 also down slightly. Multiple units (apartments and duplexes) showed the highest sales total in that category for several months. for sold Ten units $1,052,750. One large sale, a it apartment building at 754 East 3900 South, Salt Lake City, accounted for the largest sale of the week, The sale also $545,000. involved the trade of a four-ple- x unit at 2618 South 200 West in Bountiful. That unit is valued at $54,000. Five acres of Farmington property, valued at $667,900, were also involved in the sale. Total value of the transaction was $667,900. Salesman was Ferrell Henderson, agent for Gene Curtis, G and B Investments, SaltLake. No business or industrial properties sold during the week but eight vacant lots sold for $139,930. housing, energy and water resources? ...For hosting and the Salt Lake visit of The Freedom Train, Russian Cosmonauts, Sister Cities Program with Matsumoto officials, business and Washington" diacommunication and sales management logues, seminars? ...For uniting the entire state through cooperative programs in economic development, local chambers of commerce and community development? 30-un- The Salt Lake Area Chamber of Commerce! (Alone and in conjunction with other civic organizations) d Shouldn't you be a part of this organization? action-oriente- Salt Lake Area Chamber of Commerce 19 East 2nd So. 1 364-363- Bank News American Savings and Loan has asked permission to shopping center in establish a branch bank at Five-Poin- ts Boulevard and Ogden (near 2nd Street, Washington Harris ville Road). According to an application filed with the Utah State six institutions exist Department of Financial Institutions, defends its American within 22 blocks of the proposed site. site choice stating, the proposed market area is not being serviced by a savings and loan from other than the Weber County area. A branch office of a Salt Lake based savings and loan will operate with a different philosophy and policy, thereby offering the consumer potential for additional alternative choices. The feasibility study cited the associations philosophy regarding new branch development, saying management has decided that, whenever feasible, the association should attempt to extend its services. It stated a concentrated effort should be made to locate additional branch offices to effectively overcome the disadvantage the association will face in future direct competition with the commercial banking industry. The feasibility study stated the associations intention to lease 1,000-1,50- 0 square feet from the ownerdeveloper of the Family Center shopping complex, with targeted opening date of mid-197- 7. Orem Location American has also requested permission to establish a branch office at 1300 South and State in Orem. Two competing institutions, Deseret Federal Savings and Loan and State Savings and Loan, are located within one block of the proposed site. The application stated 15 percent of the associations savings balances and 30 percent of its outstanding loans belong to residents of Orem. A new branch office would improve customer convenience and offer broadened No choice to Orem residents, the application stated. feasibility study was included with the application. Looking for Growth United Savings and Loan Association has requested permission to establish a branch office in Orem, at 800 North and 1200 South, near State Street. Deseret Federal and State are within a mile of the proposed site. The Association defended its choice stating, the association is an agressive construction and long-terlender and savings association, with customers in Utah county. It wants to serve present customers and participate in the future growth of Utah County, the application stated. No feasibility study was included with the application. m Eamv, i 12-1- 4 We can save you money. WITH SAFETY We are the professionals First mortgages and contracts fully recoursed. Utah residents only. in freight bill audits and transportation consulting, and it's our job to find freight bill overcharges. In 1975 our highly specialized auditors recovered hundreds of thousands of dollars in lost revenue that was hidden in complicated freight tariffs. We can save you money too. Its our business. Utah & Western Investment Corporation Today or Phone Collect 8 Utah &" vest ern Tn vestmentTTo rp."" " 1321 South State Street, Suite 201 Salt Lake City, Utah 84115 I would like further information 486-074- traffic audit systems p.o. box 11036 salt lake city, Utah 84147 4 Name (801) 466-222- 3 Address |