Show RIGKETTS BLOCK SOLD I I Henry Phipps of Pittsburg i the Purchaser CONSIDERATION IS 125000 NSIERAJON I The Hlllionnlra Steel Han Adds largely to His Already Extensive Holdings Hore Buys the Gebhardt Building and Other Property oil Second South Giving Him Almost Complete Ownership from Stato to Commercial Plans for Terrace Hear Board of Trade Building The visit of Henry Phipps tie millionaire mil-lionaire sloe man of PHlsburg who has been In Sal Lake this week has not been wholly one of pleasure Mr Phipps who already had extensive real estate holdings in the city has added some blr puichases to his string this week iris chief purchase was the Rlckclts block on the southwest coiner of Third South and Stale The buildIng build-Ing was bought from James RlckclLo the builder for a consideration of 125 000 The lot has a frontage of about 125 feat on Third South and 200 feet on State The building IS I a twostory brick structure the ground floor being occupied by stores and the top floor by I a hotel Mr Phipps also secured during the week nearly all the property he needed to complete ownership of the entire frontage on Second South between State and Commercial streets He bought the Galena block on the corner of State Street and Second South early I In the spring for a consideration of 5110000 and Secured the property on I the corner of Plum alley lasl Monday For Ihis he pays 23000 to the owner Airs Marian Merrill The lot Is on the west side of the alley and Is occupied by a saloon downstairs and L lodging house upstairs the structure now on I the property being a frame building two stories high The Gebhardt block II which occupies time corner on Commercial Commer-cial street and is a valuable piece of real estate has also been secured by Mr Phipps from Andrew Gebhardt The building has a frontage of thirty feet on Second South and seventy on Commercial I Is I of brick three stories in height and Is occupied by a bakery downstairs and llvlngrooma upstairs upstals Mr Phipps also has secured an option op-tion on a piece of property on the eastside east-side of Plum alley which he will doubtless doubt-less lake up as It is believed his Inten I lion Is to erect a line business block on Second South That Mr Phipps has taken a lively I interest In Salt Lake real estate Is shown not only by his heavy purchases this year but by the improvements he Is pulling on property he already owned here W E Ware the architect I archi-tect Is now engaged on plans of a twostory tenhouse brick terrace for Mr Phipps to be erected in the lane near the Board of Trade building Each house will contain seven rooms and 525000 the total Improvement will cost about |