Los Angeles herald., 1891-01-10
Prosperity to Run at Flood
Tide Here.
The Influences Are at Work
and the Results Sure.
Interviews With Men Who Read the
Signs of the Times.
People Coming in Here and Looking for
Homes, Buying Property and Pre-
pairing to Build Houses and Stores.

the rounds of few Offices to learn what
he could Of the present situation In bus
mess. He first struck few Of the rail-
road ticket agents from whom he got a
most gloomy view of affairs. One ex-
pressed the opinion of all when he said
sin five years have never seen as dull
times in Los Angeles. There is nothing
doing. / sell SO few tickets that my bus
mess here is failure" The reporter
asked the agents who were standing in
their doors, with their hands in their
pockets, trying to catch a sunbeam to
make bright spot in their mind, if
they knew anything about the inward
passenger movement. The general re-
port was that good many people were
coming into the town, and that great
many were coming into the section.
Nearly all trains arriving are bringing
in a good many, but they all 60 out
empty.
However discouraging this state OF
affairs may seem to the ticket agent.
the reporter bore the story with great
equalness of mind. If all the people
are coming in, and none going out, there
must be a good deal of increase to the
population taking place.
The newsgather then took in few OF
the second hand furniture dealers
places, to feel the pulse of business in
these arteries. He found but one side
mand for household goods, but no sup
ply to speak of.
"This means that few people here are
declining housekeeping at present."
said one of the dealers, "while good
many newcomers are encountered, who
want to get astock of furniture"
"In reply to query, he went on to
say, eyes, think there is considerable
increase to the population taking
place."
The next line of business looked into
was that of building materials. Here it
was evident that the new currents OF
business have not been materially felt.
Most of the lumber, paints and other
material for building being sold goes
into the country. There is a pretty fair
demand at all points outside OF the city,
but inside there is not much doing.
There are still some vacant houses in
the city, and some storerooms not
rented. The vacant premises are usu-
ally in remote districts, not first-class in
all respects-lack of closets, or bath
rooms, or fire-places, or some other
"modern improvement"
One dealer in building material gave
the reporter pointer when he said that
o prominent architect had reported to
/ him within a few days past that he had
s,ssd:.s s.s:., f. iss, ,same plans Of b9usss and
found, the report ran that there were
good many people feeling around
after plans for good houses or for
business blocks. One said he had in
-quiries for plans for new work that
would aggregate 100000. Another said
he had plans on the stocks for two or
three stores and for several houses.
These architects all agreed that there was
no hurry about the plans of the men
who have building in contemplation.
Simply they own lots that are unim-
proved and they nave money out of in
vestment. Loans are not so quickly
made as they were some time ago and
interest is not so high. Building costs
less than in the boom, and it is the inn
preston that a good deal is saved by
building in dull times. Those who have
faith in the future of the city are natur-
ally inclined to take little risk under
these circumstances.
One more channel of information was
explored to learn which way things are
going. A few real estate agents were
interviewed. All agreed that there
was an increased inquiry for
choice property, but in some cases
the report was not over encouraging
as to actual results. Generally, how
ever, the agents said they were doing
more business. One dealer said Mr..
Burkhardt, from Portland, Oregon, had
been quietly operating for week or
two, and had purchased considerable
property. The titles are being searched
for most of these, while in some cases
the deals had been closed up. Another
agent said: II have done well this
week. sold hotel on Temple street.
just east of Grand avenue, for $32, 900.
/ sold piece of property in Pasadena
for exactly the same price. sold a lot
on Los Angeles street for round sum,
and in all, sold nearly $1OO, 900 in the
week."
The general impression all over the
city is that the outlook is improved at
all points, that the immediate future
will develop much better times than
have prevailed some time past.
A REPUBLICANS PROTEST.
He Views the Talk About Another