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Show I IS QNJjP-GRADE 1 Purchase hy G. S. Holmes on I State Street Feature of I J, P. MEGEATII ALSO ." 1 GETS INTO THE SWIM Work Is Being Rushed Upon a I Number of New Struc- I furcs. I Tlio feature of the week in real es- tato circles was tho purchase of the Q property at 231-3 South State street, n between Second and Third South, hy I G. S. Holmes, for purposes of improvement. improve-ment. The consideration was $15,000. This is tho first really large deal of this I character since Inst December and marks practically tho opening of I ho H new season. I .Mr. Holmes e.nlemplales the erection of a targe store and gnrnga iu tho prop- I orly. It was also reported that work I mi Mic sio fjuilding at t'u cr:rer !' I Siyiia South and Slalo sireoc W'll bo I started as soon as it is possible to begin I operations. I Another realty sale which may result I in great improvements on Third South is I the purchase of tho property just east I of t he Colonial theater by J. P. Me- I ge.it h. manager of tho Salt Lake Stamp H company. It is understood that the I present old residences which occupy tho I property will bo demolished in the near j future to make room for a handsome busiuess building. IN ' Helps tho Market. I Much comment was made among real- I ty men Saturday on the effect of tho M failure of tho Cannon prohibition mens- I tire in the senate. It was said that the I market quickened perceptably when I tho news was announced. I Contractors report, increased aetiv- n ity in building conditions, with a pros- n pect of a great increase over the amount 1 of building for last year. Already rlie 1 total value of permits taken out is far 1 in advance for the value for the months n of January and February of 190S. M Besides' the contemplated improvc- H nionts, work is also being rushed on all H new buildings now in course of con- I si ruction. The new Syndicate building I at the corner of First y.mlh and First I West has most of the steel in placo and I 'In- brick work up to the second storv. 1 To Xewhouse buildings aie practically I ready for occupancy. The Vermont 1 building at the corner of South Tem- I pic and Hichard street has the steel H work in place up to the secoud story .tid tlic brick work well under way. The new Oallawa3', Hoock & Francis M building on Main street will bo ready for occupancy in a few days and work Q on liio McFntyrc building adjoining nnd tjie addition "to t he MeCorniek build- I iii-r is being pushed as rapidly as pos- siblc. Already numerous changes along H Main street in the matter of now fronts, lias I'ioduccd a great improvement in the ."ppenranec of tho street. Tho new Oiegon Short Line depot is progress- jug rapidly. The steel and concrete H work of tlio exterior is practically com- H plcted and work on tho interior is also H to be pushed. H Outlook Is Bright. I Thf real estate situation at present I is characterized by one of the prominent I dealcrr of tho cifv Saturday in the fob H lowing manner: 1 'The coming of warm I weather and sunshine will give a great M impetus to activity in real estate. A m fmv more sunshiny days and the move- I wont will become more rapid. It is difficult to show property when the scathe: is bad, which is one cause for M the lessened activity during this sea- I fon of the vear. The future for a good I business this year is very bright. There hccius to be "nothing now to interfere I with a good trade and business should toocomr more and more active from this M time forward. |