The herald., 1894-10-28
What Is Being Done in the
Building Line.
A Great Number of Large Sales
Being Made.
rhe Oil Industry and Its Present Status.
Adams Street ExtensiOn.
= building and Other
Notes,

wonderful increase in building activity
fs apparent on every hand. The archi-
iects, builders. contractors aud real es-
tate dealers are entering upon season
of activity never before experienced.
The real estate dealers are doing re-
markably good business, among the
number being Clark & Bryan of 127
West Third street. Yesterday the gem
tlemen reported the sale OF several
pieces OF fine property, aggregating
something like $4,000. The purchases
are located in the beat residence portion
of the city. Among the more prominent
OF the esles are as follows:
To Herman Malinow, two lots in the
South Bonnie Brae tract; to l. LowmaD,
a $1,000 sale in the Southwest; to E. @.
Payne of San BerRardino. two lots in
the South Bonnie Brae; to Mr. Hend-
ricks, lot on Adams street for $500 /;
to DR.. VIM. G. Harrison. two lots in the
South Bonnie Brae; to Mrs. Nutting of
Pasadena, one lot in the South Bonnie
Brae, and to another party sale of
$25, 900 in the Southwest. The particn-
lars of three of the foregoing sales are
withheld on account of the papers yet
being with tie abstract company.
These GALES certainly show that the
advantages offered by the Ange! city
surpass those presented by any other in
habited portion OF the Pacific coast.
Intending purchasers, whether COM
ing to this southern country from the
upper portions of our western shore, or
visiting us from beyond the Rockies or
the Mississippi, rarely depart without
investing denaro or two within our
fowery boundaries.
II perchance they should depart, the
knowledge they have acquired regarding
our fertile fields. our equable climate,
and the health giving atmosphere which
envelops both, not only brings them
back individually but induces many of
and locate permanently in our we'll
favored city of the overshadowing
angels.
THE OIL DEVELOPMENT.
The steady development Of new oil
territory in several parts Of the city,
the constant work in the districts all
ready developed and the talk of oil
booms in the future have helped to give
an upward tendency to the real estate
market the past week.
During the week there has been some
talk OF strong company being formed
| to go into the oil business on a very ex-
tensive scale. The company, it ia said,
| has among its members some of the
wealthiest business men of Los Angeles.
and at least one or two San Francisco
gentlemen.
On Monday it is expected that the
company will ask the council for per-
mission to do certain things, which will
reveal the nature of the enterprise
which it contemplates. Until then the
public must wait for particulars.
1--WE ARE SEVEN"
California now stands seventh among
the list of oil-producing states Of the
union, being exceeded in annual product
by Pennsylvania, Ohio, West Virginia,
New York, Indiana and Colorado. In
1889 it was fourth in rank OF production,
but other states have exceeded il since.
The produ ction in this state last year
was 470, ,l79 barrels, valued at $60S, ,092,
which was larger than any year eince
88S, when it was 695, 1888 barrels. The
total production of this state since 1875
has been A, ,769, ,450 barrels,
ADAMS STREET EXTENSION.
Another hearing in the Adams street
extension matter will be held next
Wednesday. 1t is proposed to extend
The street in direct west line until it
ntersects Washington street, distance
of IA, GAO feet. 1t has been surveyed by
the county surveyor and viewers. The
estimated cost to grade. gravel and pu.
IL in good condition is $500. The street
will then be straight along the township
line from the city limits at Hoover street
for a distance of six miles. Il is made
80 feet wide the entire distance without
a crook or jog. The property owners
along the line are nearly all anxious to
open the street, and have shown this by
already deciding to the county over
three-fourths of the right of way. Out
of l3 owners of land over which the
street passea, all but two are willing to
give the right OF way.
BUILDING IMPROVEMENTS.
The work of tearing down the old
landmark at Main. Court, Market and
Spring streets, goes steadily on, and
soon handsome $4,000 building will
take it's place. The old courthouse was
built years ago-in 1859, if our memory
serves US right-and was opened as
market. III WAS tuou COUutou ho buo
finest building in this part of the coun-
try, and was the pride of the ciudad 10
those days. j. A. Bullard will erect the
new block. Bids will be opened this
week at the office OF Architects Morgan
& Walls. The new structure is to be 65
xl5O, four stories and basement, to be
built of brick, stone, iron and cement.
Geo. s. Gregson OF San Francisco Ia
preparing to erect $4,000 residence in
the Harper tract. Brown & Fisher are
the architects. and the gentlemen have
prepared a neat plan for the newcomers
home among us.
Work on the Irvine block, Third and
Broadway, has been resumed and will
bo pushed to completion at once.
The bids for the erection OF a wing to
the Indian school at Pe-ris will be
opened soon. The improvement will be
built OF brick and stone, two stories
high, with the cost of perhaps $4,000.
Geo. NJ. Beach has just had Architect
W. E. Keller OF 1406 Wright street to
prepare planu for $4,000 residence. to
be bnilt at Western avenue and Adams
street.
Architect R. B. Young is very proud
of the new Broadway hotel, owned by
Mrs. Wilson, for which he is the archi-
tect. The building is fast nearing COM
pletion.
Among the new real estate firms in
the city is that of McGarvie, Hay &
Co., who have just opened up at 2l8
South Broadway. Mr.. Hay was form
erly alone in business on New High