Show REALTY SNOWBOIIDp Prospective Building Schemes Hold the Market Steady TH TONE INACTIVE BUT FIRM Californian Gives Expression the Faith that Is i Him and Talks of San Diegos Departed Boom Neither snow mud or a Liberal victory can materially affect the market and in spite unfavorable weather and political upheavals the real estate values remain stubbornly firm and with every announcement announce-ment of a new building project or fresh arrival of buyers there is a perceptible movement of prices upward The fact is that Salt Lake mud is 3 mighty precious article and has intrinsic value either for growing crops or holding buildings Many of the real estate men being unable i un-able to secure suitable office rooms have taken up temporary quarters in buildings unprovided with either stoves or chimneys 01 plaster The cold snap caught them short on heat and forced them to adopt oil stoves which may be a success in the torrid tor-rid climate but against the present temperature tem-perature their feeble flicker would barely keep a man comfortable if placed under I an open bottomed chair even though the man did nothing but sit on it from morning till night A chilly atmosphere is not the I best t generate a red hot boom There arc still many new enterprises being be-ing discussed in the building direction and the announcement that Mr Brooks is earnest about the construction of a six story office and business building at a cost of half million dollars is helping the general gen-eral tone of the markot There is considerable consider-able activity by way of correspondence with brick manufacturers and stonemen with a view to supplying the large demands de-mands for materials and a number of strangers are already in the city investigating investi-gating the merits of the clay and quarries in this locality quarres I A Californians Opinion R W McGarvie who came here from San Diego says that the California hundred hun-dred of this city are making preparations to receive 4000 of their native citizens during dur-ing the summer The greatest depression depres-sion in San Diego property said he was in the outskirts where the decline in I values shook out nearly all the purchasers who had made but one or two payments You may not know it but it is a fact nevertheless never-theless said the California but property prop-erty is higher here than i ever was there This he explained away by saying that San Diego had but 2500 population when the boom started while this city has 40000 That city was in a region without farmers and in 1SS7 when the population popula-tion had largely increased paid out as L high as 1000000 a month for products of the farm Utah furnishing it with potatoes When a boom starts it goes in certain directions di-rections like a storm Look at the transfers in this city and you will notice that most of them are in plats D B andF This is liable i at any time t whip around to A north of the temple which has been left untouched There are some very fine locations in that locality and there has been no boom there yetThis This is given for what it is worth as the real estate man said he was not interested in any property there Residences t be Rushed Up The busiest men in the city are the architects and it is surprising the large number of private dwellings they are planning > J A Moreland is putting up a 7000 frame corner Seventh South and Main B W Driggs is to erect a 5000 dwelling in Capitol grounds on plat J Thomas Murphy is preparing to erect a two story brick and stone on East First South Claudius V Spencer is building a dwel hag in Sugar House ward Robert Cleghorn is putting up a brick and stone residence Charles Desky and his brother are building build-ing two 2000 cottages in their addition A dozen cottages ranging from 1200 to 2000 are going up in Grand View addition Commercial Block Association The articles of incorporation of the Commercial Com-mercial Block association were filed with Clerk Cutler yesterday It is thepurpose of the association to purchase acquire and hold that certain parcel of land in lot 3 block 70 plat A on the north side of Second Sec-ond South street 32 feet west of Commercial Commer-cial street running thence west G4 feet to northwest line of said lot thence north SO feet thence east to a point 32 feet west of said Commercial street and thence south SO feet to place of beginning and t erect thereon a block of buildings to sell mortgage mort-gage lease or convey said building and lot or any part thereof and to do any and all things incident to said business The principal place of business named is Salt Lake city and the corporation is to exist fifty years The capital stock is placed at 125000 divided into 1250 shares of the par value of 100 each The incorporators and shares subscribed are as follows Shares George I Downey 100 John W Donnellan 100 John 1 Donnellan 100 Worden P Noble 100 Henry G Balcn 100 The officers for the first year are G M Downey president Worden P Noble vicepresident John W Donnellan treasurer treas-urer and secretary All the abovenamed incorporators are t act as directors and the usual clause exempting private property prop-erty from liability for the companys debts is inserted One Among Many President West of the chamber of commerce com-merce yesterday morning received a personal per-sonal letter from a friend of his in the cast who said among other things that he was coming out here in the early part of March and would invest 50000 of his own money besides investing some more for three or four friends who will accompany him Ho further says that with his extensive ex-tensive acquaintance among investors in the largest two cities of the northwest Minneapolis and St Paul he can induce the investment of fully two millions of dollars in Salt Lake during the present year More 3Ianufactories tc Secretary Gillespie of the chamber of commerce reports that there are now as sured two more manufacturing establishments establish-ments for Salt Lake One is ment a brick plant which will employ about fifteen men The proprietors are Denver parties and yesterday yester-day morning telegraphed their families to move to this city at once The other is an institution the nature of which is withheld from publication at the request o the promoter pro-moter who will tomorrow return to his present location in a town of the northwest and immediately come out here with his factory equipment and bring the twenty operatives now employed in the same He left instructions to have selected for him a suitable building into which he will move by March 31 The secretary also has instructions in-structions from a wholesale furniture location dealer in a Michigan town to hunt him a |