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Show I Dealers Report Fairly Active Week and Have No MANY LARGE BUILDINGS NOW BEING CONSTRUCTED Scores of WorKmen Employed Who Are Putting Money BUIIJDINGS IN PROGRESS. County infirmary hospital, Stato and Twelfth South. Technical high school, North Sec-Empress Sec-Empress thoatcr, rear Hopper-Ei-dredge block. Main street. Houston businoss block, West Heath business block, West Scc-Pcrry Scc-Pcrry b'usinccs block, South West TCWalkcr building, Postoffica place and Main street. Halloran business block, three stories. West Third South. Meredith garage, East Third Salt Lako Security and Trust company apartments, East Second Bru'ff apartments, Twelfth East, I Second South, i Consolidated Music company, re modeling building. Salt Lako Hardware company, addition and remodeling, Main Employment is being given to scores of men on the buildings now in course of construction in Salt Lake City. Much of the construction work will be oom-! oom-! pieted this summer. Tn addition to ? these buildings, a rido over the city ; reveals scores of new residences, from i cottages costing $1500 up to houses costing $10,000. The weekly payrolls I coming from the building activity is felt by merchants in the city and various vari-ous other lines of business. Money , earned on these buildings by laborers and others is being turned into real estate, building lots' and residences, en-i en-i abling a number of men of moderate ,' menus to own homes. While tiiis season probably will not i see any skyscrapers started, the out-; out-; look for a large amount, of steady work on smaller buildings never was more encouraging. 11 is argued that a dozen thrcc-storv buildings will offer more employment to a larger force of nieu I than om- large building and for thai, t Tcason the building activity is on si f' bettor basis this year than might be considered without a careful inv.cstiga-i inv.cstiga-i tion of the conditions. Ileal estate t deals and building operations seem to i go hand in hand and there is promise, i say the dealers, that this condition will continue through the year. ' Many Small Sales. I'? Evidence of the popularity of mod- . ' erately close-in home-building sites is found in th3 list of sales in .the p:ist week. Real estate firms having some of- these additions on the market report , :' a favorable week in spite of part of ' the time being under unpleasant weather weath-er conditions. Some of the newer additions ad-ditions were favored with numerous in- , quiries developing into sales before the 1 week was out. Bench property received the call again the past week anil the number of contracts closed for lots has been satisfactory to the dealers. : Investment in residence properties has been more or less strong in the week's trade. Dealers consider tho attraction at-traction of money to Salt Lake in going into real estate as a good sign and in closing deals the same opinion seems to be held by tho property owners own-ers as there is evidenced a strong tendency ten-dency to hold values steady. While there has been no material advance i property values it is indicative, sa' the dealers' that the outlook is encouraging encourag-ing from the fact, that sales at reduced prices are not being made. If there is any marked change in tho market it is more of a change to taking prop-ertv prop-ertv off the market by owners on the theory that property values arc to be Pew Business Changos. i Business property has changed hands in tho last week to a limited degree. Changes of location, making it neces-sarv.to neces-sarv.to remodel buildings, probably is i the' most attractive feature of business ' . section property. Real estate agents who handle rental business report that houses of all sizes, ; modern iu equipment, are being taken. Bench residence property is being (JlSiftJff filled rapidly and many of tho new ife aW ' nouses in course of construction havo fly If: iflS tenants -waiting for them. While HI IB there is no definite way of ascertaining 1 la numucr f nowcomers it is safe to I JU $K say that from tho increase in this class ' lllfS IV ')us'ncss there is a steady growth of Stitli ffib ne c'to' indicating that the liberal UM jiff campaign of advertising now at its 5l)&y ni height is having the desired effect in HplwB bringing people to tho city. " lilt'l w is urKC(J by dealers that in the ' Sii'i 'i ncxt montn there will not be an emptv WB'i 'mi modern house in, the citv. Houses in put flff ne c'" are being made modern in IJi many instances showing the tendency &M' MHt tic "'sbes of tenants. lcaiing Mr lUtf plants, bathrooms and the liko arc being wfclljja added to residences that havo heen Sul ttfit slow to rent Nino out of ten calls for Wp'ifi empty houses stipulate baths and many I'lmalS require heating plants. That this item ElN m stimulate certain classes of busi ng j m ness in the citv- throughout the sum- 'ftp mer is practically assured. tjM jj Realty Fairly Active. JtuU W,. Ke.il estate trades for the past week ivrM 4l Tjake as turned up from the rc- li'R1' 1 ports from the various dealers haa been lj'hjit patisfactorv. While no big deals have, H?'' been closed tho numerous smaller deals I iMr 11 n which Salt. Lake citizens figured I fl largely as purchasers have shown that K, w .PS t money is free and easy of access as I' jjffrc well as showing that a large part of II ill M "tva"c earners of the city have I .HI ;gp: adopted the plan of investing their sav-li sav-li iij'JRj ,n8 c'ty rc: cs'Ilte ne inten-IfMss" inten-IfMss" t'ou ot 0,vn'BK their own" homes in a I 'ifjtjft few year?. I |
