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Show BIG ADVANCE IN REAL ESTATE IS PREDICTED Realty Men Are Optimistic as to What 1915 Has in Store for This City. REASONS ARE GIVEN FOR THEIR BELIEF Great Forward Movement All Over the State Is Cited in Support of Views. ' With evidences of prosperity on every ev-ery hand, real estate men of the city are enthusiastic and practically unanimous unani-mous in predicting a new era of development de-velopment for Salt Lake and Utah. Business conditions throughout the country are reported to be assuming normal aspect; the money market is more settled and since the first depression depres-sion incident to the European war has passed, a new market greater 'than ever before open to the United States has been found in the warring countries coun-tries for practically every commodity that can be produced in America. The general situation is encouraging. But Salt Lake has been among the fortunate cities even in tho time of depression, "because of the many opportunities oppor-tunities offered in a growing city in a new country and the wonderful resources re-sources of the state. When the "hard times" cry rocked the national boat, Salt Lake sailed along on a placid sea. The citizens talked optimism, believed in optimism and lived in optimism. T'.yning Point Has Come. And now that the turning point has come in national conditions, Salt Lake is to be among the first to profit. Kail-road Kail-road activities have been continued without cessation the one thing indispensable in-dispensable in the development of any city or state, Interurban lines have been built and extended, the street railway rail-way service has been broadened until adequate transportation facilities have been provided to fit the needs of a rapidly rap-idly growing industrial center. With the transportation facilities come other industries factories of all kinds. Three new sugar factories are under actual construction or under con-, templation one at Spanish Fork, one at Layton and one in Salt Lake county; a new steel mill is being built at Mid-vale Mid-vale and ground has been broken for a terra cotta factory at Murray; an enormous powder pla-ut will soon be put into operation at Bacchus by the Hercules Powder company; an up-to-dato packing plant in Salt Lake is practically prac-tically assured, and numerous other smaller factories are opening their dooTs almost every week. Everybody Prosperous. The crops of the state last year were unusually large, and for the majority of the products the farmers received top prices. The livestock industry has shown a phenomenal growth during recent re-cent years; it brings more money to the farmers and incidentally to Salt Lake, the great iutermountain distributing center. All this has been carried on quietly. The outside world has heard little ot the growth and progress of the CH3- and the state. Now comes the completion of the Panama canal, with fresh opportunities for Salt Lake and tTtah, and starts an advertising campaign directly and indirectly in-directly for the city and tho stato. It affords' additional transportation and lower freight rates to the coast and to Salt Lake. And, as a result, Salt Lake assumes new proportions as a jobbing center. . And in celebration of the opening of the canal two wonderful expositions are bein7 held on the Pacific coast. They will draw millions of visitors from every part of the globe, and it has been conservatively con-servatively estimated that three-fourths of the tourists to the west this year will stop in Salt Lake. Salt Lake is preparing prepar-ing to receive them and change their classification from tourists to citizens. Expression of Views. All Salt Lakers and Utahns nro enthusiastic en-thusiastic and confident every one a booster. The following interviews with leading real estate men show where they StW. 'K. Hubbard of the Hubbard Investment In-vestment company said: When we attempt to schedule the various factors that ought to better the real estate conditions condi-tions in Salt Lake City this year, we find them too multitudinous to enumerate. The opening of the Panama Pan-ama canal is going to prove a big advantage, just as soon as conditions condi-tions settle down across the water, and I believe that the visitors who will stop" here on their way to or from the California expositions will mean a big help in various ways. But, greater than all. our own accomplishments ac-complishments are the ones we must look to. , . , I.nvton, to the north, is to have a big siicrar factory, it is now being built and wiil be a mammoth insti- (Continued on Page Five.) I SALT LAKE REAL ESTATE OFFERS GREAT INVESTMENT OPPORTUNITY Men Whose Business Requires Them to Keep in Close Touch With Realty and Financial Conditions Discuss Many Factors That Will Go ' to Make 1915 a Great Year in This City. (Continued from Page One.) tution. It will mean thousands of dollars extra to the farmers of that Ideality, ami a lave part of the additional ad-ditional monev will find its wav into Salt Lake. Tu fact, everv additional ad-ditional dollar that is coaxed" into T'tah or out of the soil will come to tliis city in part. nother Big Factory. Then there is the big sugar factory fac-tory that is to be built in Spanish Fork. Ground already has been broken for tnis plant, which will bji toe largest in the state, as I am informed. in-formed. Its building means greater prosperity for that section of t'tah county and correspondingly greater prosperity for Salt Lake City. Wo also are going to have at least one big sugar factory in this county, that will mean much to the prosperity prosper-ity of the county and city. Tn addition to'these his industrial plants, think of the' millions the T'tah Power & Light company is spending upon its plants, the headquarters head-quarters of which are in this citv. This all means cheaper power add increased manufactories, and that will help Salt Lake. Then look at what the interuibans are doinf Soon we will have continuous lines irom Provo on the south to Lewis-ton, Lewis-ton, Idaho, on the north. In addition, addi-tion, it will not be a great while un-'til un-'til we have an electric line to Garfield. Gar-field. This, of course, will help Salt Lake materially, as more Garfield people will come here to do their trading and many more will mako their homes here, when the transportation transpor-tation charges to and from the irreafc mill and smelter town are reduced as they will be. Powder Plant Will Help. The great plant of the Hercules Powder company south of Garfield also means much to the county and city, as it will employ several hundred hun-dred men, who will do most of their buying in this city. As to Murray and Midvalo, which sre just at mir south door, those hustling little towns will be a hi" help to Salt Lake while helping themselves. Murray will soon have a big porcelain factory and a steel factory is now buildiug at Midvaie. In addition other big institutions that will employ many men are in sight. All in all,' I cannot see but what the present year ought to be the biggest big-gest in the history of Salt Lake in almost every way, and the man who buys real estate now is going to be the big winner within a short time. I also want to say in conclusion that real estate is cheaper in Salt Lake all things considered, than in any other town in the United States. Company Is Optimistic. A member of the Tuttle Brother? ' company views the situation as follows: I can figure out no rea6on why real estate values in Salt Lake should not rise rapidly during 1915 and continue, to rise for many years to come. Jfeal estate is low here at present, and the market is almost et a standstill, due principally to fluctuating conditions throughout the country. But the feeling of uncertainty is being rapidly replaced by confidence. confi-dence. People, though not buying very heavily just now, are getting a line on property, which indicates that thev are preparing to make some investments, and want to place their money where it will do , the most good. Besides, the farmers are getting tho highest prices paid in many years for wheat, wool and other liirm products, and the factories are working overtime to till the orders of tho countries at war. Of course the war had a demoralizing effect on the industries of this country for a, time, but now the European powers look to us almost entirely for supplies, and will continue con-tinue to do so for at least five years, even if the conflict should end tomorrow. Future Looks Bright. All the foregoing represents the general conditions of the country.-Salt country.-Salt Lake has even more to look forward to. The opening of tho Panama canal will lessen freight charges and tend to make Salt Lake a great distributing center; the expositions ex-positions on the coast will bring thousands of tourists through here who have been going abroad. And the majority Tjf tho tourists are going go-ing to stop in Salt Lake. When they stop they can't fail to note tho opportunities, and some are going go-ing to stay; others will invest various amounts. ' Then Salt Lake is going to get a great deal oi valuable advertising through the baseball club. It. will be ranked with all the big cities of the Pacific coast. The scores of tho Pacific coast league will be published pub-lished ip every large paper in the country, and Salt Lake will be in the list. The new factories that are already al-ready under construction and those contemplated are going to bo big factors in the local development. The sugar factory in Salt Lake county will be one of the bigcrest assets, because it will bring other industries and make a packing plant necessary. The sugar factory at Layton also will do its share toward to-ward helping local conditions. Then there is the steel plant at Midvaie and the terra cotta factory at Murray, Mur-ray, and the enormoas plant of the Hercules Powder company at Bacchus. Bac-chus. Railroads Will Help. Better transportation facilities are being provided every year by the steam roads, the street railways rail-ways and the internrbans. I do not believe there will be a roal estate "boom," and don't want to see one. It should be just a steady, though rapid, development. A "boom" is always followed by a relapse which leaves a bad taste for mauy years thereafter. All these and many other itoms will be prominent factors in the real estate . development, but the main fhing the one big thing is the opportunity: oppor-tunity: it is here, and all that is necessary for the growth of the city and the state is to let the fact be known. Bettilyon Is Confident. V. A. Bettilyon, president of the Bettilyon Bet-tilyon Home Builders company, expressed ex-pressed himself as follows: The paramount question of the day is what will 1915 do in developing devel-oping and upbuilding Salt Lake City and Utah? This question is asked many times each day of the week. Everyone is interested in knowing what his fellow workers think about this question as to what the future holds out to us. Wars and rumors of wars wero the general topic up until the convening conven-ing of the legislature. Now locally, lo-cally, the important topics of conversation con-versation aro prohibition and other measures that tho lawmakers have been trying to thresh out for the good of Utah. Xow, in my opinion, it makes very little difference to us in a business way. whether the war continues con-tinues indefinitely or comes to a speedy termination; whether the legislature passes some of the ob-iectional ob-iectional bills or whether thev are defeated. Suit Lake City and'Utah are bound to go ahead anyway. We will enjoy prosperity in 1915. There are numerous reasons why. Tn the first place, we usually look to the activity on the mining exchange ex-change as a good barometer of the confidence people are showing in the city and state. Mining is one of Utah's greatest industries. Mining Min-ing stocks have increased in value. Mines Are Increasing. The mines are producing more today to-day than they havo for a long time. New miues which are of great importance im-portance to this inrerinountain country are being opened. The copper cop-per mines of Bingham are putting on more men every day. This necessarily neces-sarily increases the number of employees em-ployees at the smelters. Then we are opening new coal mines. The recent forming of a new coal corporation cor-poration at Beaver Citv will mean a great deal to Utah. The opening of mines in the southern part of tho state shows - wonderful development, develop-ment, and all this brings new capital capi-tal into the state. The prospects for the establishing establish-ing of a large packing plant in the city and the establishment of a powder plant in the county are evidences that outside capital recognizes rec-ognizes our growing importance. These are only tho beginning of many wonderful enterprises which are coming to Salt Lake. Tourists Will Help. But the greatest benefit that Salt Lake and Utah will receive in 1915 is from the numerous tourists tour-ists who will pass through on their way either to or from the two large expositions on the Pacific coast. These tourists will pass through Salt Lake either going or coming. While it is a pretty safe bet that they will go via the Panama canal one way or the other, still they will pass through Salt Lake the other way. We will get very extensive advertising from these visits, and it will all redound to our benefit. Every day we hear many tourists who are passing through our city remark: "I never imagined Salt , Lake was so beautifully situated, had 6uc.h fine buildings', possessed such thrifty, enterprising people. I am glad I came here: I want to tell you I will come again." Many times I have heard such people say that they were seriously considering consider-ing locating in Utah and making it their borne. Will Benefit the City. These people are almost invariably invar-iably people of some wealth; at least they have some money, and this means that when they come to our city or state, they are bringing something substantial with them to help upbuild our communities. The opening of the Panama canal will cheapen the haulage of our freirht from the east. I can see nothing but a wonderful growth and prosperity for us in the future. All that is "necessary for Utah is for her people to get out and boost. This is the best state in tho land. Let's tell everyone that it is. Shout it long and loud. We can't make too big a noise about it. I think this is a mighty fine place and I'm g"lad I'm living here and I'm not afraid to let the other fellow know that such is the way I feeL Everybody! one big, long boost for Utah and e'U forge ahead in 1915. Richter Predicts Advance. A. Richter, one of the pioneer real estate men of the city,- is enthusiastic over the outlook for the present year. Mr. Richter said: I believe that this is one of the most opportune times in the , history his-tory oi' this city to purchase real estate. If it is bought right and J it can be bought right, as there is plenty of it For saie there is no question in my mind that the purchaser pur-chaser will be the big gainer within a comparatively short time. There has never been a time when there was more money which can be obtained ob-tained on real estate loans than at present and this means that it is comparatively easy for a man to purchase a lot and build a home of his own. Real estate is lower in Salt Lake City than in any other city in the country population, surroundings and present and future fu-ture prosperity considered and it is sure to rapidly increase in price. Of course, the European war has affected U5, the'same as it has affected af-fected nearly every business in nearly every town" in the United States, but, the war must come to an end sooner or later and we are then going to see the biggest boom that this country has seeu in years. That there will be a bic advance in prices in this city within the next six months is assured, according to my view, and the man who buys real estate right now is going to come out a big winner. I also believe that visitors to the California expositions, who will stop in Salt Lake City, going to or coming from the fairs, will do a big factor. They may' not buf ex-tensively ex-tensively of our real estate, but they will spend much money here and this will help our own people. After all, it is the confidence largely large-ly of our own people that is going to make of Salt Lake the great city that it is destined to be. Opportunity Is Great. A member of the Peterson Real Estate Es-tate & Investment company said yes terday: Never before for at least twenty years has the opportunity been o good for the public to pave their way for future wealth and happiness happi-ness by buying real estate as at tho ? resent time. Some people say hey never could make money on real estate. That is because 'they go at it wrong. They buy on the top notch of a Doom, and sell in the trough of a panic, and naturally loye money. They should reverse their methods and buy when dull times are on, for at such times only can real bargains lie had, and if bought in that way the selling will take care of itself" and large profits will be secured. Since the openina- of the Panama, canal Salt Lake City is in a better position thai; ever before to become a large distributing center for this entire intermountain country, and it can have no competitor for the following reasons : Heretofore all goods for this section had to come overland by rail from the east, and Denver being closer to the point of origin of th is business, naturally I got chnnper rates, and therefore had j an advantage. AH this will now be changed. Goods will be shipped by water wa-ter through the Panama canal ca-nal to the 'Pacific coat ports of Los AntreJes and San Francisco and from there by rail to Salt Lake City, a distance of approximately OiKf miles, as apaint a former haul by rail of approximately 400 miles. nnrr, nne enn readily see what a ;rrpa; advantage Salt Lake City vil have over Denver in rrirn-petinc rrirn-petinc t'r the t rndo of l no entire i r. t crm 011 n t it i n w 0 b . Lnro crt-tcrn concerns have already al-ready " ccTinr.nivd to r- n'ize tnis nnd are cmnir.n"-ing to move (his way. J'or example, witness the American Express company recently recent-ly moving its headquarters from Denver to Salt Lake City, the Hercules Her-cules Powder company establishing establish-ing one of its largest plants in (his locality, and other large enterprises enter-prises "who have their eyo on this section. All the country needs now for healthy activity and ample employment employ-ment for all labor is fair, sane treatment from our law-making bodies. Edward M. Ashton of the Ashton-Jcn-kins company said: The great factors which will in fluence real estate buying tins . eon will bo mental optimum, cheapness cheap-ness of money for building operations opera-tions and mortejifie loans'; abundant abun-dant crops in Utah which aro now assured by reason of Febrnnry rtimw-falls; rtimw-falls; the opening of tho sinelling industry, and the great tourist traffic traf-fic which will cropg the continent, through Utah en route to the Pacific Pa-cific coast. These are fundamental reasons only. Aside from these reasons a prominent feature will be that men (Continued on Page Elevon.) ' Zil REALTY OFFERS IE OPPICEg (Continued From Page Five.) of moans passing through our cities . and state will learu of our low real estate prices as compared with other centers, and will bo tempted therefore there-fore to make in vestments in this -locality. It, has not been unusual in our office duriug the last few month tn hear rue remark very often ntado that it will only be a little while until Salt Lake Otv will be equal in importance to Ivan.as City and. other middle-ot municipalities. munici-palities. During the last few year? many big things have been started, iu ri.au by large interests and the institutions in-stitutions which they have begun have alread.y proven 'profitable and in every way satisfactory. The success suc-cess of the beginners in the great things is contagious as well as in thy spreading of small suce.ses. Utah is a great open Held fnr larc and small indiiFt ries for men who are wealthy and men who are ambitious ambi-tious to seek wealth. Utah oppor-' oppor-' tunities are today impressing themselves them-selves upon the influential in en of the con try as never before in our history. A Bruueau-irin Investment company com-pany representative views the situation as follows: j Salt Lake City is not only a busi- i nes center of immense possibilities', but it is a place where the joy ot" i living may ho experienced to the j fullest possible extent, w inter and summer, and we. think that we aro I on tho eve of a great reaction iu i real estate. Tiie most important j factor for tho year's busines is the j settlement of the liquor question. The real cstat o business is on a i stnudst ill on account of the agita-t agita-t ion wb ich has hem goiii on f nr t lie past, n i on t h and we b"l;e o at this time if our legislature ;.hould paj-s the ""oi't i on bill vc an- j doomed for several vt-ars. bat , on the other hand, if the question is dropped, we. believe tha t our city will develop faster during the net five years timn if hns done during th'1 pa-t i-Mi. j Ve know nf one Micidont T"!.crc i ''mO v. as s-'iit here from Ph. In ! del pbia to be loaned on oi:r rai 1 etate. but is being hhl uniii the j question is sr tried. Tourist travel ' is going to be. a greater h' lp to a this year than ever before, and will j I be one of the crey t e-,: :oi- vrt iMiig ! medioirii -t h;'.'" ever had. if nur j I c)iy remains a.- it i.-. I'tah i:- fast ' becoming the chief manufacturing center of the intermountain country. coun-try. There are at the present time $00 factories in our state and there, will be many more during the next few years. One which will help us this year is the new sugar factory, fac-tory, which will be a great help to tiie farmers in. the southern part of this count-. The packing plant, will be one of the biggest helps to our state, this year. The opening of the Panama canal will, without doubt, give us lower freight rates, and there are many other enterprises which we know of that will be started some time during dur-ing the year. We believe we have tho best city on earth if we aro left alone and allowed to grow. |