Los Angeles daily herald., 1889-04-04
THURSDAY, APRIL 4, 1889.
The Immediate outlook for LO
Angeles.

THH RSUAXS IL 1852
The Immediate outlook for Los
Angeles.
AS this section is being largely treated
to depreciation of late, Kansas City and
other northwestern papers having the
preference, it is perhaps worth while to
take glance at the actual status of Los
Angeles.
To begin with, the best and largest
crops ever harvested here are now in a
most auspicious state of growth. We re-
fer to the cereals. The lowest estimate
of the acreage in barley and wheat that
We have encountered from a source
worthy of attention, puts the figures at
one hundred and fifty thousand acres.
The way the crops look there ought to be
return of thirty bushels to the acre.
But there are really three hundred
thousand acres sown to these cereals,
and We ought to come to the
front with from six to nine million
bushels of the wheat and barley or their
equivalent in hay. This means that We
shall probably have three million bushels
of grain for export, after home consHmp-
tion. It means very much more than it
would mean in Iowa or Illinois, because
We have hundred miles of ocean 'front.'
age and very serviceable harbor at
San Pedro, and one nearly as good at
Newport Landing, thus assuring water
transportation. AS the HERALD has
pointed out number of times, the failure
of the wheat crop in Dakota and in Aus
tralia this year will result in that staple
commanding very high price, and Los
Angeles farmers will profit accordingly.
We shall not only have very large
crops of the cereals, but all the indica-
tions point to corn crop OF great vol
ume. Most people are not aware of the
fact that nearly half of the Indian corn
raised on the Pacific Coast is grown in
Los Angeles county.
The orange crop has been marketed
largely, and is being marketed, at very
fair prices. The scale bug, which has
given cur oichardists great deal OF con-
eern, is being conquered. The vine pest
is also yielding TO the intelligent and
scientific treatment which is being ap-
piled to it.
AS We have often pointed out, tree
planting has progressed during the past
year at rate never heretofore recorded
in the annals Of this county.
In the city of Los Angeles there has
not been material failure as an Incl
dent Of the collapse of the "paper town"
boom. This is the most gratifying cir
cumstance in connection with this sec-
tion. 1t is confirmation strong as proofs
of Holy Writ that there is great vitality
behind our rapid growth.
Lands in Los Angeles county are now,
taking all the circumstances OF climate,
railway development and geographical
location, by long odds not only the
cheapest in California, but the cheapest
on the Pacific Coast. They are abso-
lutely cheaper, acre by acre, than in
Fresno county. This fact will naturally
and inevitably create lively real estate
market hereabouts. When every pur-
chase is q bargain, transactions are GER
tain to be numerous, and the coming
summer will probably see the last diff
Guilty in negotiating land sales.
Money is more abundant now than ii
has been for quite year. A great deal
of Eastern capital is here now waiting
for investment, and much of it is being
invested from day to day. The real es-
tate transactions in the city and county
OF Los Angeles are very much larger |
than in the city and county of San Fran |
cisco. This fact would seem to leave |
very little ground for talk about the Los
Angeles ''boom" having collapsed.
The plans looking to the development
of Los Angeles are more numerous than
they have been at any time in the history
of this Coast. A thing often forgotten,
and which is sn incalculable factor in
our prosperity, lie that this city is one of
the greatest railway centers in the world,
far surprising San Francisco in that re-
spect. 1t is an assured thing that our
pre-eminence in this line is certain to be
shortly added to by the extension of the
Southern Utah to tidewater at San Pedro
or some other convenient point. Rail-
ways ramify through every portion OF
this county-gridiron it, go to speak. In
addition, it is only a question of month
or leas when we shall have one of the
cempleiest cable railway systems in the
world in operation in the Angelic City.
There sre some people who think that
just as we have the most remarkable
agencies of development in the world in
full operation that development will
cease. The HERALD takes no stock in
such Quixotish propositions. Causes are
at work in Southern California which
will make Los Angeles formidable rival
Of San Francisco in the next decade.
Ii has been so much the fashion to talk
about hard times in Los Angeles that the
cant has become chronic. There has