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Show I IMPETUS IS GIVEN TO KILTY MARKET Big; Deals of the Week Give .promise of Season of. Great BUILDING PROGRESSING Evidence Conclusive. That Salt Lake Properly Is Good Investment. Two lcals reported by tho Halloran-dudce Halloran-dudce company, comprehending the sums of .$200,000 an.l $85,000, respectively, re-spectively, stand out as the features of local realty trade during the past week. Tho transactions did imich io-ward io-ward st.imulat.int: the general tone of the market. A cratifyinz number of t-maller transfers, were also recorded. Infliiiry and demand for home sites and dwellings of moderate cost continued stronger than usual at this time of the year. "Reports from dealers wnrraut the assertion that the wcok"s activity ran ahead of expectations by satisfactory odds. Confidence in a brilliant spring Trade is incroasiji and tho outlook for 1912 in building operations, private and corporate improvements is saidi to be exceptionally promising. Deal of Magnitude. The bienest. deal reported by the Hal-lornii-.ludfre company was the sale of. iho property now occupied by the 'reed Furniture company. 1S--10 Last Third South street, for $20U.O00. The fact that the name of the purchaser has been withheld for reasons known to the parties concerned, has gicn rise to divers comments, but lr Hallonui declares the. deal to be absolutely bona nde, the particulars to be made public in proper time. .Mrs. Man- Judge purchased the properly prop-erly un years airo for $S5,H)0, and real estate men now point to the transaction transac-tion as strong evidence of the rapid appreciation of Salt Lake rcallv. The property- is 100x175 feet, and the price per front foot was $2000, tho largest on record for property o(T Tdain street The second big denl closed by tho Halloran-.lndge company was the sale of the property occupied by tho r-f- JC. Thomas company. 07-71 South Main street, fo Iho Zi'ons Savings Bank and Trust company for a consideration of $S5,000. Mr. Thomas at present holds a three-.year lease on the Place, and the reported sale is said to be subject to tho lease. It is dclnred that when the lease expires, the question of erecting erect-ing a new big building on the site will be taken up. Officials of the bank a.ro not prepared to givo out any information informa-tion at present. Enlarge Hotol Utah. Another evnt of the wnok was the decision of tho Hotel T'tnh eompauy to erect a 12f-rt)om addition to tho big structure during the coming year.! With these three important deals iii the front ranks, followed by a gratifying gratify-ing realty trade nd lira I thy conditions condi-tions for "this season of the year, the week has been recorded as one of more activity than for somo time. Excavation work is being rushed ahead uninterruptedly for tho big Walker skvsernpor at. the corner of I Main and "Second South streets, lu the business center, building operations commenced earlier in tho season are being carried on steadily, dspitc the weather. Heating apparatus, bonfires and other devices are used to make cement ce-ment and concrete work possible. The Auerbacb store building at the corner of State and Third South streets, the new Walker store structure opposite the- federal building, the federal building build-ing annex and other structures are going go-ing up rapidly and will be completed at an early date. Improvements in the residence subdivisions sub-divisions surrounding the city have practicallv ceased until tho winter has passed, The record made by the larger owners during the year js most com-mendable, com-mendable, and the next year will bring a redoubling of efforts toward a bigger and more beautiful Salt Lake. |