Show DONT THIS MEAN BOOM A Determined Attempt Being Made by Denver Parties to Buy the Old Fort Block The Mormon Council Figures as an ObstructionistIt is Afraid of the Boom Speculations on Thirty Acres of Land at the Foot of West Temple StreetWho Are the Buyers The article in Thursdays DEMOCRAT calling attention to the fact that Salt Lake was then on the verge of a real estate boombound to be sweeping and vastly beneficial in its effectscaused no small amount of comment in the moneyed circles cir-cles of this city and lead to the investigation investi-gation of matters by interested parties who now concede that the paper was correctly cor-rectly informed in heralding the advent of a big bouncing boom for this city Since that time still further developments develop-ments have come to light and hereafter something interesting in this line maybe may-be confidently looked for in every issue of THE DEMOCRAT TUB OLD FORT SQUARE It is learned froman indisputable authority author-ity that a number of Denver capitalists who are now in this city are making a determined effort to purchase the Old Fort Square on Third West Street The city authorities have been approached on the subject but their policy seems to be to act the obstructionist and prevent the invasion inva-sion of capital which would of course be detrimental to the interests of their church A large offer was made for the property within a few days past but it was blankly refused This is not the first time that our city officials have acted this way about worthless worth-less public ground but it is to be hoped that it will be tbe last ANOTHER SCHEME Another important move now on foot is brought to light in the disclosure of the fact that certain Eastern parties are now negotiating with the owners for the purchase of thirty acres of land situated at the foot of West Temple Street and consisting of three full city blocks It is understood that this property is owned by the Walker Brothers who will of course offer every inducement induce-ment possible to the new enterprise whatever it may be While this information informa-tion comes less direct than that in relation rela-tion to the Old Fort block it is nevertheless never-theless trustworthy and it is more than likely that another week will bring forth something of great public interest in relation rela-tion to this matter THE CONCLUSION BE DRAWN From the fact that the locations mentioned men-tioned are so earnestly sought for can be none other than that we are to have at least two new railroads here before long The fact that work on the Fort Douglas road is being pushed is ample assurance that something is in the wind That this road is being built for the purpose of hauling rock is as ridiculous as can bean be-an the only rational conclusion to be drawn is that one of the eastern east-ern roads has bought out the rock company and will come in over that line Rumor today again has it that the Union Pacific is going to make a short cut through Emigration to this city If this is not the case Ogden forgive for-give us why on earth is the work on the Union depot at the Junction City at a standstill for month after month That other roads are heading this way is equally sure but more will be said of them when matters take a more definite form REAL ESTATE NOTES As an indication of the recent rise in the value of real estate this is not bad Mr L C Karrick paid a very handsome price for his lot on Main street less than thirty days ago but notwithstanding this he has already been offered an advance of 20 per cent on the price paid There are no less than nine capitalists in this city at present from different parts of the East and all of them are looking about with a view to investing here There are some other l important transactions tran-sactions now pending between residents and Eastern parties the particulars of which will be divulged at an early date |