Show THE REAL ESTATE DEMAND The demand for Salt Lake real estate is steadily on the increase This demand is very largely from Eastern capitalists From the first of January to the present writing 500000 worth of Salt Lake real estate has changed hands at figures satisfactory alike to the seller and purchaser The sales during last week aggregated 101000 By far the larger portion of this amount was paid to Salt Lake citizens by Eastern capitalists capi-talists This week has already witnessed a transfer of real estate amounting all told to 73000 One of these sales alone amounts to 65000 The latter property thus royally purchased lies in the center of the city and its it-s the intention of the Eastern buyers to erect upon it a mammoth hotel or a magnificent business block A lot on the drive south of Liberty Park brings its former possessor 4000 and a lot in the Tenth ward has been sold for alike like amount The Liberty Park lot is an Eastern purchase and will be im proved And yet the morning Church organ with a brazen falseness only equal to its malicious spite says that there is no evidence in Salt Lake City of a real estate boom That a boom is impossible im-possible That Salt Lake property cannot can-not be sold and that Eastern capitalists are afraid to invest But the time has passed for the utterances of interested mendacity to excite anything but a wondering won-dering contempt Their falsity is written on their face The city has already obtained tained a position that misrepresentation misrepre-sentation assails in vain Salt Lake real estate will continue to come into market and its price will advance with the sales Her real estate is our citys wealth and that wealth asserts itself in tones that brook no contradiction |