| OCR Text |
Show POPPERTOH m IMPETUSTO IRAK Dealers Feel Thai There Will Be Something Doing in Real Estate." ' ' .NEW WAREHOUSES AND APARTMENT HOUSES i I I Good Conditions Reported in All ! Lines oi" Local Business, i Under the stimulus of the transfer of Popperton Place to Samuel Newhouse (he early part of last week the realty trade has taken a bound and many deals which were hanging in the balance, bal-ance, so to speak, have been consummated. consum-mated. All winter there hns been considerable con-siderable movement in real properly, especially in homos of small value. Thoro has been some building also, and apparently plans which have bceu growing for several weeks suddenly i nave culminated during the past wock. Ever since the first oi the year it has I been said that owners of property were ! holding it for higher prices and that on the contrary manv buyers were waiting ! for an expected fall in values. It was j said then that "this viow was wrong, j and apparently this idea has been non-finned. non-finned. A number of gales of junounls well up to the $10,000 mark have been announced aud several more are peud-ing. peud-ing. '.s a result rJie real estate business is looking up. The delightful weather of the past month 1ms given considerable considera-ble imeptuf! to tho building trade and the completion of homes has gone forward for-ward almost as if there, wuro no winter season at all. Building operations have been especially noticeable on the north bench, where a number of new brick houses have been finished aud several more started. In the southeastern part of tho city also a number of new houses havjj been built and plans for others are under way. New Warehouses. Reports have been received of intentions inten-tions to build three warehouses in different dif-ferent parts of the city, which will be started as soon as th"b plans cau be decided upon, and two others are under un-der consideration. It is also known that as soon as weather conditions become Bliglub' more settled a number of new j apartment houses will be erected. The most important of these will be the one on Second East, between Second and Third South. In several localities business buildings build-ings are being, remodeled for opening in the enrly spring. The Judge building, build-ing, known as the "Railroad Exchange,' Ex-change,' will be ready for occupancy in part at least by the first of April, and the Ncwhouso buildings are goiuc up as fast as the work can be pushed. Uoports rr.onLnll sides are to the ellcct. that business will be cxcellont as soon as spring activity commences. Among the retail business men about town reports vary. No one will admit that trade, has fallen below the 'normal for the time of year. The big dry foods stores are preparing for spring rade. Tho buyers, who had begun last week to make arrangements for purchasing purchas-ing new stocks, have nearly all departed de-parted for the Eastern trade centers in order to pick out new lines. Tt is known th h 1. several of the big stores are considering con-sidering extending their floor space; one store, is already making chances in its building and a. number of changes in location on account of lack of space will take place by the first of April. Among tho Trades. The hardware trade has been excellent, excel-lent, at least, up to that of the same time last year. Except for the falling off in demand for mining machinery, the trade would be far in excess of what it has ever been. Automobile supplies of all kinds arc sold in great quantities, fnddlcry and harness arc in good demand. The call for all kinds of tools and paints indicates that the people who arc not doing ven much at.rhe present: time are determined to paint the back porch and perhaps put. a new floor in the woodshed against, the activity, of the coming summer. Kar'm tool? sell well also, showing' that the farmers are not discouraged and will be on deck as soon as ' plowing iime arriv.es. In mining machinery tbo sale has boctl ,slight. There is" some activity, however, and a uumber of good doals were reported during the week. The calls were all from parts of Utah and ' do not indicate any yreat resumption of j business in that line. I The financial trouble is evidently all over. The resumption otv cash pay-ments pay-ments by the banks iu this citv was made without announcement to the public. pub-lic. The cashiers' checks disappeared i as if by magic and payrolls 'were paid In cash. .Tor tho past two weeks money matters in the city have been conducted conduct-ed on a normal basis. Moat noticeable has been the return of confidence by everyone. People who not long ago were telling what they intended to do as soon as the financial situation chanced now announce that they aro arranging for their undertakings and expect to start as soon as weather will permit or the architfcts are ready. The tone of the business world two weeks ago was merely hopeful: for the past, week it has beou confident. Late Quotations. . The following aro the latest quotations quota-tions for local stocks on the exchange Saturday: Amalgamated &ugmr Co., pfd ? 02. Oil rqmmon 152.50 Beneficial Life Insurance Co...,'.,. 110.00 Con. U'ajron and Maeh. Co.. pfd... 1H2.0Q common f3.00 1 Commercial National bank 170.00 I Dcfcorct National bank 2S0.00 ! Dcscrct Savings bank oOO.OO First National bank of Offdon 205.00 Home Fire Insurance Co.: 180.00 Hebor .T. Grant & Co.....' 130.00 Lewlston Kupar Co...." t'J.OO National Bank of tins Ropubllc.... Ho. 00 Opden SaviiiKS bunk ...IMO.OO Provo Co. and Savings bank US. 00 RocJjy Mt. Coil Telephone Co 70.00 Stale Kank of Utah 190.00 Sugar City Townsllc Co.... 123.00 Thatcher Bros. Banking Co 117.00 Utah-Idaho Sugar Co., pfd 8. aft common :;.0f Utah National bank HO. 00 Utah Savings and Trust Co 109.00 "Western Loan and Savings..'. 10G.00 ZIon's Savings Bank and Trust Co. 300.00 Z. C. -M: 1 192.50 BONDS. .Salt Lal;e City Railroad 100,00 Suinpter Valley Railroad 101.00 L'Uih Co. Light and Power Co 100.00 Utah Sugar Co lO'iMO |
