Los Angeles herald., 1890-04-09
WEDNESDAY, APRIL ., 1890.
ENCOURAGING PROSPECTS.

We hear on all sides the encouraging
words that business is improving, and
that there is a very perceptible relaxa-
tion of the money stringency that pre-
vailed here a short time ago. Some OF
our leading banks have received large
deposits from parties lately arrived from
the East, and these are presumably for
investment in property if desirable offers
are presented. Returns from the orange
crop are coming in, and large proper
ton of this money is finding it's way into
circulation. An unprecedented number
of trees have been set out in various
parts of the county, and many new or
chards will be added to our productive
less in the hands of newcomers who
have means, and who are necessarily
spending great deal of money in ina
proving their places. The number OF
visitors from the other side OF the conti-
nent has been greatly on the increase in
the past month, and the hotels are we'll
filled with strangers, some of whom will
become permanent residents and it is
believed that the summer travel
hitherward this year, will surpass
that of any previous season. But
the best sign of permanent revival
of good times is in the fact that the
work of production has been earnestly
entered upon all over the county. The
conquest of the scale, which is rapidly
disappearing everywhere, has given an
impetus to the sale of orange lands in
small lots, that is very inspiriting
feature of the revival of that very impor
tant industry in these parts.
We still have to regret the failure of
our viticulturists to discover the cause
of our vine disease hereaway; but we
learn that in some places where the old
vines had been dug up and new ones
planted, the prospect of their healthy
growth is considered good. The excep-
ton to this seems to be in the vicinity
of Santa Ana, where newly set out vines
have not thriven. The disease must
probably run it's course before we can
hope for much improvement, but as it
is not due to any insect such as the
phylloxera, but to atmospheric causes,
as is generally believed, we may con-
fidently look for it's termination every
where in short time. 1t is not likely
that it will prove so determined slayer
as the phylloxera visitation has shown
itself to be in France and in some por-
tions of the northern part OF this
State. We have not heard OF
any vigneron trying the wild grape
stock of this State as substitute for
domesticated cuttings. The well-known
hardness of the wild vine might offer
complete resistant to the fungus disease
which has attacked our vineyards, and
we should like to see the experiment
made of setting it out.
But in spite of this drawback our
county is forging ahead. All kinds of
fruit trees-deciduou as well as citrus
are being planted out in great guam
titles; and English walnut groves are
increasing astonishingly in the rich belt
that lies between the San Gabriel and
who have gone into it remarkably well.
The average return from orchards that
are not even in full bearing is 5000 an
acre and over this year. The price paid
for walnuts is 71a cents a pound, and
this gives the cultivator very hand
some return.
When the producers of a section are
realizing satisfactory profits from their
crops, the effect upon business is always
good, and the improvement which Is
now felt here is the result, in great part,
of the very successful orange harvest
just closed. Our merchants are all feel
ing the touch OF improving times, and
there is general feeling, justified by
the increasing activities in all classes of
business, that we shall have, from this
time forward, great change for the
better.