The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1896-01-16
according as the needs of the community
shall become apparent.
AMONG THE DEALERS
Condition Of the Market and Some of the
Sol rod

Condition Of the Market and Some Of the
Sales Reported
The demand for realty seems just now
to be largely confined to choice residence
lots and good business property, and the
demand also seems to come from people
desiring to improve their purchases by the
erection of buildings from which may be
drawn more immediate income than the
''unearned increment" The business is
thus mostly in the hands of people who are
deliberate and conservative, and who buy
only after mature consideration and inves-
tigation.
Among the more important transfers re-
corded during the week. both by reason of
the amount involved and in the fact that it
points more or less to a revival of interest
in the fortunes of Iong-neglected Main
street property. is the sale of the Lacy
block, on Main between First and Second
streets, to Forthmann & Bergin, proprie-
tors of the Los Angeles Soap company.
The lot has IS feet front on Main street,
and the price paid was S65 900, or $1,000
foot, which, in view of the fact that there
is good building now on the lot, is very
conservative estimate of value. Messrs.
Forthmann & Bergin are enterprising citi-
zens and gifted with full measure of faith
in the future of Los Angeles realty in gen.
will show their confidence and invest their
money by making extensive and handsome
improvements on the lot just purchased.
Messrs. o. A. Vickery & Co., through
whom the sale of the Lacy block was
made, also sold to Mr.. Lacy 1855 feet on
First street, near the head of Wilmington
street, the price being $4,000. 1t is I'M
derstood that the lot, now partly improved,
will also be made more available by the
erection of an attractive building.
Lands fit for subdivision and sale in lots
are growing scarce. but there are one or
two firms still making specialties of lots in
tracts. Among these is the 4. M. Baker
lands, recorded as portion of the Los An
geles Orphan Asylum tract, ON the north
side of Macy street. There are seventeen
lots and the schedule price is $3.50 each.
Order & Dow, who have provided so many
newcomers with satisfactory bargains in
home lots, will, on the 10th instant, put
lots in the Order & Dow Orangedale tract
on the market-and every searcher of
records who is hereafter obliged TO write
out s.R. M. Bakers subdivision of part of
the Los Angeles Orphan Asylum tract" and
"Grider 81 Dow's Orangedale tract" will
wish that certificates of title were sold by
the folio.
The past year has been satisfactory one
to the owner of the Alexandra WE'LL tract,
ninety-seven lots having been sold during
the twelve months. The new year starts
promisingly, as Mrs. r. j. Tilton, Mrs.
Cameron and Joseph Augustine have
demonstrated their confidence in the tract
by investing in lot each during the past
week.
According to Land and Water. woman in
her forward march has penetrated the
mysteries of the realty business and a firm
composed of couple of energetic ladies
has just been established. The partners
are Mrs r. o. Butterfeld and Mrs. q. NJ
Poates. The ladies' have already proved
themselves possessed of fine business abili-
ties. They will make specially of gov
eminent and school lands.
o. A. Vickrey & Co. have sold to W. J..
Kessler of Ontario fifty-foot frontage on