The herald., 1895-01-31
MlNEY STOCKS AND BONDS.
Facts and Figures Auent the
Building Bonn.
Gossip About Banks aud Other Finan-
cial Concerns.
Closing prlcss OF ths Leading stocks
and Ronds Foreign and DO
nestle Exchange.
Los ANGELES, Jaa. SO.

les ANGELES, JRa. %.
The recently published statement that a Chi
csgo syndcats is behin1 the parties VINO hsve
recently b,eG securing leases on CO 'ner prop
eriy on Broad wsy snd other business streets,
with n view to erecting business blocks. lacks
confirmation. Mr.. I. A. Plrtle. who is interested
in several OF these leasos, mphstcally denies
the BORT that he o. his partners are represent
ing any syniics:e or persons other than them
eelves. Mr.. Pirtle says Mr.. Hallett and himself
are tho sole le5sees OF the southwest corner of
Fourth and Broadway, and Mr. Hanna is the
only person in terested with him in the lease OF
the northeast corner OF Third and Broadway.
Messrf. PRIZE & Halett get possession OF the
Fourth street co ner February LIST and will i'm
medately there sftsr begin building opera
TONS Possession OF the Third-street conner
can not be had before September.
THE BUILDING BOON.
Building permits Continue to be issued at the
rale OF ABOUT i've per day. Not of these are
for dwenings. Permits for NUMBER of large
business blocks in contemplation have net yet
been ap piled for The Builds: ana Contractor
publishes this week over $3.50 900 OF uncon-
traotsa work in the hands of tn architects.
CLEARING HOUSE sTATEMENT.
Following ara tbs bauk cleArings for the
week to date:
Day. Exchanges Balancel
Monday ........... $l59S 80 $26,s92 %
Tuesday: ........... $4,000 % 1920 p
"Wednesday ......... l52,773 62 43, 1913 OF
SAN BEsNARDINo's CLOSED BANK.
Speaking OF the appointments OF Bank Exam
liner Wightman as temporary rec liver OF the
First Natioua banE OF san Bernariiuo. the
Tlmes-Index says.
The action OF the comptroller in appointing
temporary receive. is doubtless due to the
fact t re bank has been closed so long that it is
due 10 all concerned that there should be no
further delay in the process of liquidation,
Inc temporary receiver is clothed with all the
powers Of perma nent receiver and will go on
with the ssttiement of h. affairs OF the bank
as thoush he WAS to remain aud the oermanent
receiver VIII apo nled will take up aHhts
wnsr- ne LETT off He is now in charge as such
aver and not as Dang exam ner.
we uudetstaud nat tne committee OF dep0S'
ltors nave recommended u. ID, Elliott, ate
bookkee 9eg OF Tue FIR Nationai aud uow hold
ing miIar position wi h the san Bernardino
Nauonal for perm snent receiver. Two OF the
directors, Judge W. j. Curtis and VI. b. Gacner,
stated that they endorsed the selection. L. is
probable that there wll be turlh 81 recommen-
uatons from part,es resident ner0, aud IL may
De that the comptroller VIII co lsider II wise to
appoint SOM one from outside, though on
many acc UNITS the appointment OF home
man is more desirable.
No receiver, whether appointed from among
the local parties recommended or from abr lad,
Will be unnece sarily Jvete in handing the
securities of the bank The efforts OF the
cetver will be TO handle the securities TO The
besl advantage with the least possible hardship
to the parties.
Mr. Wlghtmau has become SO familiar villa
sffalrs o. the bank wuile inyes ig%Giug 1T rs
eXa amer that he can 20 on and accom- pnsh
much that was needed to be done Hhlle acting
IN MS temporary capacity.
PAsADENAs WATER SUP PLY.
The annual statement OF the Pasadeue Lake
Vineyard Land and Water company, which
controls nearly the whole of Pasadeuas wafer
supply says tho phenomenal gro 9th Of Past
dene calls TOR energetic action on the part ot
the directors TO Keep pace with the increasing
demand for water, looking forward to the time
when the city shall contain 10000 or $4,000
Inhabitants.
The work of runneling un Ter RichardgGu
aud Wilson springs is reviewed ana the state.
ment made that At the close of 1884 gain Of
90 mi neI's inches had been the result OF the
devsop nent; which, with the former flow
from tne Futter-wheel springs tunnel, the
Ivy and Tibbatt's springs, VIZ, 17S miners
iuches, makes total of 277 miners inches,
7-l0 of that amount as "0ur proportion betng
equal to z, 5l2 ga gallons per day, sufficient
amount 70 supply pOpulation OF COCO per-
sons or 1900 families with Alb gallons per
capitn per day. Statistics from other cities
show that in 1894. Pntladelphis used 100 gal
Ions per capita per day, Chicsgo $50, New
York IS, and boston 80.
1--WE would call attention to the fact that our
statement shows an increase of revenue for
1894, from all sources, 10 be FS0)0 III excess OF
1893, and in the matter of revenue from sale OF
water alone, 1858 90. 1t will also b. OBJ
served that during the last year the indebted
ness OF the comp my mas been reduced 5 500,
while at the same time adding to the assets Of
the company the Elliott aad K ca6rdsOn tract
a. an outlay of = $50, which to the company is
worm more than ten times that amount