The herald., 1898-03-24
INVESTOR
orr1cE Or THE HERALD.
Los Aneeles, Cal, March %, 1888
c0NpucTED 0y 6eo. a poslNsoN

u.
orFzcE Or THE HERALD.
Los Angeles, Cal, March 2s, 1893.
~ 1 word spoken In its time is worth one
piece Of money, silence In its time is worth
Transferu for the week ended March 22d
were ~ m ntimpersand amounted to $2l2,-
sc, 81 against 218 amounting to @229 002 for
the preceding week and 231 hggregAting
$so6OsO for the corresponding week of Feb
ruary.
March I'D were Ill in number and amountA
Cd to $14o.747 as against 1872 amounting to
v1OO, rs for the preceding week, and 109 ag-
gregating $l5A 600 for the corresponding
week Of February.
Releases OF mortgages for the week end
ID March 2ist were % in number and
Ing to $14b,858 for the preceding week and
l25 aggregatipg 1884 for the correspond
Ing week of February.
The tone Of the real estate market for the
past week shows no particular improve
ment. In fact there has been a consider
able decline In new transactions and build
ing enterprises have temporarily been
shelyed. SO far as anything of Importance
II concerned. The contracts already en-
tered into are, Of course. being carriedou
but new ventures In the building line are
confined to residences and very few new
ones at that. Dealers say that there is q
good dPal OF inquiry among shoppers but
the experienced real estate man can now
pretty readily pick out genuine customer
from the man or woman who simply wants
to get free buggy ride In order to see
property" Consequently there is not quite
30 mitch successful imposition practiced
on the dealer In dirt as there used to be.
Farties have now to give evidences OF good
faith before the agent will rush to offer
them free transportation and his time for
the chance of making q sale.
The trustees Of the First Methodist
church, located on Broadway, between
Third and Fourth. have filed petition In
the superior court asking for permission to
sell the church property which consists,
first. Of the above place of worship and the
lot on which 1t Is located, having 6S feet
frontage on Broadway by 145 feet deep, and
second, the parsonage property also on
Broadway, hear Seventh. The first named
lot Is bonded to s. n. Lindley, the real es-
tate man, for $63, 600 until September 1st
It IL now being offered on easy terms at
e6S,000. The parsonage property, 65 feet
'front.'. Is offered at $3.50 per front foot with
no takers at present The church congre-
cation is said to be in debt about $4,000.
o o o
John Parkinson has completed plans for
large modern dwelling, two stories high,
to contain ten rooms, for Mrs. Kate c.
Miller, to be located orfWest Sixth street
near Westlake avenue. The building viii
cost $4,000 or $5000.-Greene & Greene have
completed the plans for a two-story dwell
ing for Mrs. Mary A. Bennett on Los Ro-
bles avenue. Pasadena. The building will
cost about s25OO.--The Church of All Saints
of Pasadena proposes to enlarge and in
ternally improve its present church build
Ing In accordance with plans drawn by
Thomas w. Parkes.
The Builder and Contractor publishes the
following notes Of new work:
Ferris & Kronnick are preparing plans
Tor J. Christie, of a six-room cottage, to
be built at Pico Heights.
Bradbeer & Russell have prepared plans
FOR M. Klein of a six-room cottage, to be
erected on Tenth and Union avenues.
r. B. Young has prepared plans and ta-
56xs6 feet, for the Pacific School Of Osteop-
athy. The location may possibly be the
corner of Tenth and Figueroa streets
A. HI. Mikesell has prepared plans for
Mrs. 0. Cornell of five-room dwelling on
Eleventh street, near Central. The same
architect has also plans for six-room cot
tage for J. f. Whitney to be built in Mcnlo
park tract.
Plans have been prepared for J. r. Vogel
OF three-story brick building, 46x95 feet
with basement to be built on the northeast
corner of Temple and Broadway. There will
be four store rooms fronting on Temple
street; the upper rooms will be d.
vided up as rooming house.
F. J.. Roehrig has prepared plans for the
Southern California Savings bank for ex-
tensive alterations to the southeast corner
OF Court and Spring streets, by which they
Will occupy when completed the entire
ground floor OF their bank building.
r. B. Young is receiving bids on the
academy to be built for the Sisters of the
Holy Name. 1t will front Go feet on WAL
nut avenue by 104 feet on Fair Oaks avenue,
Pasadena, and will be two stories in
height, brick basement and frame struct-
ure. colonial style of architecture. Inside
finish of polished natural wood; tinted
walls, sand finished.
Eisen & Hunt are preparing plans for the
proposed tunnel and elevator at the court
house. The tunnel will start from New
High street in a direct line with the alcove
VII SHc ooutH siuc VI tHo TOLuHud, Wnero the
elevator will be placed. The shaft will be
Of open grill work. and will be connected
with each floor by landing, certain
changes will be made in the yalls and par
titions Of the building so as to afford easy
access to all parts Of the building. The
present elevator will be entirely remodeled
and the shaft will have more or less grill
work Installed at available places.
There is now in process Of construction
at the corner OF Westlake avenue and
Eighth street one Of the finest. perhaps the
finest residence in the city. We refer to
the brick and stone structure on the north
west corner Of the above streets, belonging
to Mr.. william Garland, an Arizona capt.
talist and president of the ella Valley and
Globe railroad Of Arizona The building
is most substantially constructed, with
solid, heavy brick walls faced with Los
Angeles pressed brick and adorned with
Arizona brown sandstone; the roofs are
covered with Spanish tiles and rolled cop
per for cutters, roof cresting, etc. The
structure is on the model Of the French
chateau Of the period Of Louis XIV The
Alta Planning Mil company has the general
contract; d. Kavanaugh is doing the plumb
ing; w. /. Reese the electric work; John
stumpf the painting; Maitre & Hanson the
copper work and H. Clement the Arizona
-. = -