Show INCREASED RENT FOR NE NEW STORES S Building Activity Near Sky SkyScrapers SkyScrapers SkyScrapers Scrapers Boosts Property Property Property Prop Prop- erty Values TWO THEATERS THERE Much Business Expected to Drift in Direction of Newhouse Newhouse New- New house Properties That the time building activity In the time vicinity of the New house and the tho prospects for that part of ot the city are arc being reflected b by an increase in- in crease in the valuation of property there Is shown b by Inquiry into past an and present rent rates The new stores being erected on Third South street 1 between State an and Main b by the tho Auer Auerbach Interests will bring a a. rental rent rent- al In of a 0 month each cacti Three years ago neo said raid a a. prominent real es estate estate es- es tate dealer yesterday similar space in that neighborhood h would not have blou brought ht moro more than 30 a month It Is learned from authentic sources s that the lessee of ot one of oC the stores was offered 1000 for his lease which has a time duration of or five years ears The of offer tel was a tempting one but the tIme man hesitated Then although he expected to be lau laughed d ut at he lie said that he would give elV the lease for tor 1500 1900 1 oo Almost before he hind had hushed finished the words olds a II check was wm being written for the amount and the tho lease was being transferred Two Tuo Theater In District Tho The Auerbach theater will stand di directly directly directly di- di across the street and will undoubtedly undoubtedly un un- un- un dou tell draw much 1 business that Va way Half Hair a block south will 1 be bethe bethe e etho the tho proposed theater to be e erected for Martin Beck Deck b by Samuel New New- A few rods wc west t of this latter latter latter lat lat- lat lat- ter point will wUl stand the new Commercial Commercial Commer Commer- cial club building and directly across the street will be the homo home of the tho Salt Lako Lake mining exchange The Tho activity in building of or business bus property although more pronounced and more easily o observed served is scarcely scarce scarce- ly more important than tho the vast ost amount of ot re residence l building under underway underway underway way and In iii prospect for the city Apartment houses and private residences residences residences resi resi- dences from the time large double style to the cottage of three or four rooms are springing Ing up In all parts of ot the tho city Brick and lumber dealers Ea say that they will be bo disappointed If Salt Lake doesn't see her biggest building boom within tho next three months They arc aro so hopeful and confident of or this that tho they aro are making mak malc- ing extensive preparations to take care of ot the trade which this building will bring with it ft Tho TIme secretary of ono of the leadIng leadIng leading lead- lead Ing building societies g in the city said yesterday a that the society had applications applications for building money which It would take months to o fill This Is a n most unu unusual ual condition on and is a positive Uv tive indication of J tho exceptional progress In the bul building ding up of the elt city S I t 1 |