Show 1 1 N i JN 1 N N N I N N N I N N 11 1 1 1 I 1 I iT as Viewed by y 1 Reviewing Heleln the history of the real es el estate tate laIc market for city durin during any certain year only of v slue to toI I the he reader by with prior years earl or 01 a careful knowledge or of the Seine bu lnell In other cities The rl writer bas baa made a of real estate as an 1111 Investment In the Ibe cities throughout the States and I bay having In during the put past fifteen visited almost every city on this continent and with leisure to investigate gate and study Into lisle AI Ae a critic 1 make the assertion that money an n bo be invested In real ral estate In this city today more mort profitably from a rent rental al and speculative standpoint than an any I other city In the small mall towns tow III mining camps campi and boom place of course The latter otter chances bancel tar bl big rent etc but bUl a are unstable for time I investments Salt Lake ake ctt City II has hal reached I and passed a point n a population and Importance that to I all precedents assure ure its 11 future growth An Investor In real tal In Salt Sant Lake tak takes tic chances of either flood cy cyclone y clone depopulation plague or earth I U tb there re an any Immediate likelihood of any foreign power pawn eland lug In out at sea and bombard bombarding In thus our building although WI we have havi our own little sea aea In short such auch buildings al a we build can an be built to no danger ot of them by reason rUlOn ot of war or till the element Ow lag to Lakes LAke location he may Inay mayge ge CO to war but war will 11 probably never nver some come to her which is II a possible menace to coast COalt and border bordt r cities This ThIll Ily la II lanot not over or built It t no during the past flut year ear have hae the rental agencies ot of the ell city been able to 10 oWn offer II a rood good t ten tenor n nor or twenty dollar hou house for rent nl for two dagar and generally they were long before betor vacated or It new lIew often otten before the foundation was 11 completed HI SIDE CJ SALES S FOR OR 1900 We believe worth orth of newly built houle rouses have been sold durin during the past year to who have been unable to rent relit suitable and were wert compelled to bu buy These houses hou were put up expressly to ash the readiness with which th they sold and the limbos the they brought have been a dl distinguIsh distinguIshing Ing feature of the r real 1 estate business during the put past year rear Old hou houses and those built ot of adobe went begging at nn any price One story brick modern cot cottages cottages are In demand to rent But Dut more pretentious two etor story bricks are the heat best to sell and generally a faIr profit U II allowed the builder who II by the wa way takes taka no vrr very enterprising ot of builder have durin during the pact pul year put Iut up over separate brick houses and sold them III all They could Ila have rented them immediately U upon II at figures urel that world have netted S to 12 per Cent but bul they never rent The writer has hal observed them closet during the HIe four years tarl the they have hae been building here bere and believe their profits Will aggregate agreate dur durIng during Ing the time The writer also allO know knowl ot of a woman starting tour four years ago inexperienced tn in real estate or build buildIng lag Ing who with comparatively nothing built buill 1 a cheap cottage for n a home party carne came along offered her nn an all advance vance she sold did It again and nOlI again and so ao on toda today she ahe is II financially comfortable and andIs andis Is still a tempting attempting to build herself 1 a little home borne She has hur however advised with n certain agent all the time Gen Generall orally this Is IB p 11 good plan The agent often otten appeArs anxious to sell you ou prop property property erty but If you ou get In his confidence I and let him kno know you OU will Invest on his hll advice largely largel He I Is live Indeed it If h he does not give he you ou something good In th the line ot of invest ments mente because today eer every live office hu has good ones to after on and 1 he II more moreIn moreIn In touch with the market and actual selling values alue than you ou n nDE are DE DEMAND rAD FOR FLATS There II I demand noW at the close of this year too 1900 for tor worth of Chicago slate and live to eight room brick cott cottages In this cIty and this city would hold bold rents up to the present standard were they constructed tOday Rent In fact would stiffen as a result of In influx of and laborers necessary to do this rood good la labor latar tar bor is II scarce today The Th city needs bricklayers carpenters etc at good wages and days Durin During the put year car rents nIB have advanced frame frona 10 to au per cent Int with an average of oC about 20 per r cent and now at tile the end of the year yar very few houses are an build building In for rental pur purposes poses and the writers opinion is III that not Arty houses hoUle ha have been put up rot for that purpose e this year Man Many have hae ben been put up at as will be by reo re referring ferring to a separate article In this paper aper on building but tb they were wre sold or used for tor hom homes There are s ot or dollars In the east t If only knew these tall facts to 10 be true they would Incest here at on once as aa thy they are M fl W only 8 I to I per cent on ont t their r There has hal been but little It if an any purely Intent on an th the part ot of buy buyers ers during the put past year almost with without without out exception buyers wanted home and It hu ben been remarkable how many paid cash lIh for tor them WitH Where a balance was al left unpaid la In 98 and 98 It II was at generally et at 9 8 per cent 1900 Interest on deferred payments hu her been 7 per cent Money loney can an be borrowed as 10 low a as 9 per ver cent owing to eastern capitalists sending large here hereto to agents for that purpose It If some lome of this could be diverted to building It would be more profitable for tor all con concerned as al well al a improving the city SOME SOMI HOMES Sou South th Temple emple street has hili set a new standard of architectural magnificence In the ot of lion Thomas Thoma David Keith and Thomas Welt such luch house are arc a credit to our city ana and to their owners Hurrah for such men They took their wealth from Utah moun mountains and they show their confidence dence In our young metropolis by br build building Ini ing monument In the shape of home homel homeland and charitable institution that will live and perpetuate their names In this the most mOlt beautifully situated city In Amerl Ameri America ca for tor all time to 10 come The lion A W P McCune hu has nearly Marh completed 1 a mansion on Capitol VIII lilli The Bungalow that will be a source ot of pride to ever every Salt Laker for tor yrs years and here le 18 a case cate where outside capi capital tal came In and located Salt Lakes Ike charms are Ir She will con continue continue to dra draw wealth from miles In every direction Why Because It the tome nome The capitol ot of Utah The largest city and metropolis and wholesale IU supply pl point or of a dia embracing square miles or more mort ot of rich diversified tock stock hl minIng agricultural country dotted with numerous small mall ane and prosperous towns And ADd our rate gates II are always open During the put past year many people of means have located here hEr must have ml most t ot of them prefer reter living here a year ar to learn where the they want to build before purchasing of them have actually not been able to find satisfactory fator places to rent and are boarding at hotels hotel against their desires We recently sold R a fine South Temple street residence site to iii a gentleman from under these thee conditions Anther gentleman from Michigan with willi hk his family spent It a month It at 1 a hotel before he could find R n suitable place to rent REALTY SALES SAIES DOUBLED A conservative estimate e of tine the sales I of real estate In the city for 1910 places them at more than double those for tor 1899 It le II to get Ket at the facts as man many Were placed In Inthe inthe the deeds at U 11 and ami other 10 tow figures to avoid the revenue tax Many isles In involving In the aggregate hundreds of thousands of dollars were b by land con contract contract tract land and were never recorded then them again the published records Include mining sates all So the published records are tint not The estimate above is 18 from personal Interviews with lIh other offices and our opinion le II that A I the city III never In Il a healthier condl I tun II a real estate standpoint than I today There is II a firm steady teady growth th with little nun nunI Last Lall epi r I there was some lume speculation to a certain 1111 di which was I effected by a proposed mew DIW union depot and then th the boys boI were let down with a dull thUd by the company tailing to agree on the site alte that had been agreed on Prices Price In that district have fallen tallen back to 10 nearly a normal Having confined all the foregoing to tact facts ut of the past and being real estas sta IJ people ourselves lvell we e can not refrain from making some predictions for 1101 We believe and everything to a very ery prosperous future for tor Salt I lAke realty talty holden There le II plenty ot of ready capital which will soon loun 11 bra In for investment Much Opportunities u aa this city offers cannot remain open long The new Los 10 All An Angeles geles rl railroad will III be built and this city haa been buen designated as the terminus Mr Clark always finishes what he un undertakes This Thill will rive give gait Lake three roads to the Pacific and the Bur Dur east when completed makes three outlets east ORIENT TRADE THAD The Pacific ocean I will advance tremendously In the i next few years lIy by reason of Ol open opening n nIn In ing u up China ChIli and the retention of the lire Philippine Those Thull fellows over there are heathens an and 1 are not nor enlightened they understand nothing ot of the manufacture of whisky or It its I Iule use ule powder American poll t I hod 1 nor modern ot of warfare oar football nor cannon ball bail nor three you mene u nc hel heland and folding beds All these thele loons boons to which we enjoy must be taught them together with leaching Chinas countless counties horde to wear corsets and lace their bodt bodies out ot of shape and the thC m men n to wear heavy woolen cults lIk like civilised people do to In the sum summer summet met mer and Inel read re d and millions of other enlightening books that we are turning out weekly kl Th They dont un demand how to make malte all wool car rote letl out ot of cotton colton Or solid mahogany with veneer or leather goods out ot of paper We call an Introduce the servant girl rl problem for the celebrated Chinese philosophers to solve and Im Import port a fe few sample American labor agitators and womans rights aIo ate and nd ship loads of missionaries and run guns And for tor years rears no now with ports all open Wf we must ship these goods to them with It 11 great Iles of other merchandise to China the I Philippines and Hawaii till they learn to manufacture them all RII themselves Then our work ot of enlightenment is done and lion John J L Sullivan Corb tt and and Sharkey can go 0 over OYer there and 1 give I Ith th Item m a few ot of their enlightening ex exhibitions During time however It will r require ships American ships to transport the reeds The commerce ot of the Pacific may nearly nearl equal that or of orthe the Atlantic and the ships will be built nn the Pacific coast Iron copper and lead lad and our metals metals and coal will rn he needed Utah her baa herthen then 1 a close market for the metals and coal that thal she Is II ao abundantly supplied with Mountains of Iron and coal will willbe willbe be required This means wonders for tor Salt alt Every one knows what hat ship building and commerce did for our lIr Atlantic seaboard and In railroad tran transportation anI and this hI hIl Inns l a direct on nn real estate of course The future of nt salt Lake falce Is III great She northern Anions western Colorado O and 1111 Wyom WyomIng om omIn In Ing 11 Idaho Montana Nevada and Is In touch with the I East ut and b by two belts of steel and will shortly have three each W way I |