Salt Lake Telegram | 1905-05-12 | Page 1 | Town Lots Booming

TO WN LOTS BOOMING Dennd Largely Exceeds : the Supply at Las Vegas. (Special to The Telegram.) LAS VEGAS. Nev.. May 12. People are pouring into town at the rate of nearly fifty, a day, all awaiting the auction auc-tion of lots, which occurs Monday. The intention was to sell the lots by .- - apportionment and as the requests came, but it was soon seen that there were from ten to fifty applicants for each- of the 250 lots. As a .result no possible way presented Itself to apportion ap-portion them without causing dissatisfaction. dissatis-faction. It was finally decided to auction auc-tion them to the highest bidder. . From the outlook the bidding will be very spirited, as well it should be. In the expert opinion of the big real estate men of Salt Lake and Los Angeles, An-geles, Las Vegas is in for a big boom and property will soon be commanding a big figure as compared with the present pres-ent valuation. The trend of travel . Is Las Vegas way and with the advent of the new branches from the main San Pedro tracks at this point Into the Bullfrog a:d "gold belt" district Las Vegas will soon be a populous and highly prosperous city. Las Vega at the present moment presents pre-sents great possibilities of future greatness great-ness in reality.