The herald., 1895-06-27
Evidences of Progress Presented
During the Week
A STRONG, STEADY GROWTH
The Oil Industry Increasing in Magnitude
and Importance
A Resume Of the Work of the Real Estate
Dealers and Some References to the
Building Improvements

During the wee. ending yesterday per-
mits were issued from the Office of Super
intendent of Buildings Strange to the
number of tifty-twp, involving total es-
timated expenditure of $59, $50.
Tho number of permits issued falls
short of that shown during the previous
week, possibly on account of the general
interest in Turner festivities, and the
attention to preparations for the due cel-
ebration of Independence day. But the
record is one to be proud OF. notwith-
standing. for an increase of building at
rate exceeding seven per day is one
which few cities in the union, and none
with population OF less than 100, 900
tan show.
AS has been the case heretofore, the
buildings to be erected are largely mod.
erate-cost structures, to be used as homes.
Fred Eaton takes out a permit for q
$1,000 dwelling on the corner of Westlake
avenue and Maryland street, and s. Fero-
man will build $500 house; Dwight d
Whiting are preparing to put up, a $1,000
building, to be used for stores and rooms
on Broadway, between, Seventh and
Eighth. W. Mercadante will erect at SINH
lar building on Winston and San Pedro
streets. With these exceptions the per-
mits were issued for the construction of
homes ranging in cost from 5000 to 5000.
The buildings first referred to are
owned by men whose names are famili ar
to all who have lived in Los Angeles for
a few yeais and have made money
enough during the past few years to wa r
rant the indulgence IN an elegant
residence, or the investment of funds
ings which will assure perma
nent income. OF the remainder a
very large majority Will be built by me n
who have comparatively recently arrived,
for homes. and who bid fair to become
old residents and substantial citizen n
due rse of time.
THIS is supposed not to be the season
for the buying of farms, but the deeds
filed with the recorder of deeds indicate
something more than the usual activity
In farm land dealings, and trip through
the country surrounding Los Angeles by
rail. rig or bicycle. shows many farm
houses in process of erection, and many
planting the coming season.
The transfers offered for record during
the week aggregate about 300, but owing
to the growing tendency to express con-
sideraton in nominal sums and to de-
scribe lands by lot and subdivision, no
accurate estimate can be formed of the
amount of money actually invested or the
acreage involved. and the only trust
worthy means of discovering the actual
growth IN population in the outlying dis
tricts and the improvement OF agricultural
lands is by actual Observable OF country
property. IL is significant, however, of
the development of the county, that the
local markets for farm products are COM
ing TO be more largely supplied by home
productions. This is particularly true OF
fs Sooe ea DH Snd Gives sSssse soos Of
increase of diversified farming and the
cultivation of land by men more or less
expert in their special branches.
Altogether. tho weeks record of build
ing and land sales may be regarded as
showing steady and substantial growth
at rate unheard OF in almost any other
section of the country. r.....