Salt Lake Tribune | 1914-04-26 | Page 20 | Hoffman Pleased over Conditions

X HOFFMAN PLEASED OVER COITIONS ( i i One of the most optimistic prcdic- 1 ' fcione that has como from nny Salt Lnkc business man this year emanates from H. C. Hoffman, president of the HofT- s man Brothers Loan & Trust company. ',, following his return from an extended trip through the middle west and 0:1st-1 0:1st-1 ' ! em itate. Mr. Hoffman returned early i' last week, after a visit that encom passed a stay of from a week to a month in various cities throughout Wyoming, Nebraska., Illinois. Indiana, r Pennsylvania, Maryland, Ohio, Ken tucky. Missouri, Kansas and Colorado. Ho visited Oh onne, Omaha, ChicagOj i Cincinnati, Baltimore, "Washington, St. 1 Louis, Joplln, Kansas City, Denver and 1 2w Xorfc. Mr. Hoffman said: i "Wo all know that it has been the J cuatomary thing for Sim Lukrn ;o lvo Utah anci Salt Lako a hie ooat, bat in all earnestness and J sincerity I would liko to say at this jji- tlmo that after ono of tho most ex- - , tensiv Investigations T havo over r conducted outside this state I havo i. i returned bo thoroughly convinced ' that Utah and Salt Lake offor tho f j. , greatest opportunity of any stato f ' ; and city in the country today, that it is dlmonlt for me to and words to tborosghly express my position The trip was an eyc-openor to mo In many ways. I have always felt that we were solidly rooted hero in Utah in a business way, and that , the advancement that has been m&de in the last few years was phe- nomen.il. Not until I cot into the east and the middle west, however, and compared conditions ' j carefully did I appreciate to tho : maximum the cnviablo conditions j j we enjoy here. A vory strong - situation exists throughout Illinois, Minnesota, the two Dakotas, Iowa, f Nebraska and other middle western states. Business is booming, there and factories arc working on full time. Conditions in the ea?t are not discouraging at all, and on the whole are satisfactory, but for downright prosperity and optimism neither eastern" or middle western Mates can compare with Salt Lake and with Utah. We nrn talked about everywhere, and tho general verdict scorns to be that wo are ;uat awakening to a very wondor-tul wondor-tul opportunity. So far as actual financial conditions go, .1 would rather bo doing business in Salt Lake than any other city I visited. T do not see how this city and state can help but forgo ahead. Our realty values, for instance, are far below thoso on similar property in cities whero business conditions are not nearly as bright as here. This presages a rise in the im-mt'diato im-mt'diato future, I am convinced. I have returned to find a vory largo number of lots sold in Marlborough place, our uubdivisiou on .Ninth East, between Tenth und "Eleventh South, and X am greatly pleased over tho fact that so many of tUwu jnirehtiso have btn made for cash. This indicates a ph'tufTd Ha. of buj'ers iu the market, ami iiidirnl,s an iuereajo in the volume uf build ing activity for tho next few mouths.