Show I 1 BETTER SLOW UP A BIT it is tile calm opinion of observers that the present feverish condition ot of the real estate market in salt lake cannot end otherwise than ban t in disaster amter di somo some of the best friends I 1 I 1 the capital city has many of them the in residents and property owners and all interested in her growth and progress express themselves apprehensive of a crash which will be wide r reaching la in its ruin and terrible in its r consequences generally speaking 9 these are men wh who are sanguine without loes 1088 of clear clet healed ness men who when they cease to bi hopeful b are moved leas less by pessimistic timidity than by sober judgment that there has been an era riotous speculation in salt lake during the past three months the newspapers the business men and the banks will testify the prices attained are almost incredible denver in its pal days dys never witnessed the like in the same fame space of time and 11 los angeles when at its height 1 1 reached figures in its best business 1 location which wera but as acreage prices compared with those at I 1 which salt lake residence property 41 is now dow quoted the result ia is that the fear and amazement expressed by experienced men who draw these comparisons are beginning to have some effect and there are I 1 symptoms of an inclination to get out from under probably the most roost ominous feature is the state of the money market the binks banks have allowed themselves to be drawn upon beyond their usual limit and have been forced to refuse further advances and as much of the money already loaned has been upon 1 1 t I 1 short time the borrower expecting to unload advantageously within thirty or sixty days the falling due of the notes will form the crisis the sale of the city lands is but one instance where a large amount of money oney in was drawn with which to purchase pur chaze should the buyers be unable to sell within the expected time a contingency k I 1 extremely pro probable bablo in view of I 1 the prices they paid there would at once be the begin beginning nin 9 of a good d and a beginning under the iv 11 circumstances would be fatal fata the whole territory would would suffer 1 aam from 1 1 buch such a reaction no city near or far but what would be affected by I 1 0 it distrust from without and a disturbance tur bance of values within would be the result to all of utah in suggesting buz gest therefore that salt lake slacken I 1 the pace a little and take up with I 1 wiser counsels our motives cannot cann ot 1 be misconstrued eave save by those envious souls which judge all others bythe by their irown own measure of selfishness |