Los Angeles herald., 1905-01-22
INVESTORS FOLLOW
THE REALTY FLAG
HUSTLERS PLATING INTO
THE GREAT SUBURBS
Troubles Of Dealers and investors
Are Only self Made and Do Not
Affect the Real Issue of
investments

My, how this town of ours is grow
ing and spreadingl One day you hear
of new addition over yonder and the
next the cry is over there and the in
vestors follow the flag and the new
homes go up under the flag pole Who
ever dreamed that Lomita Park would
be carved from the old Fairlie ranch
that cost several Englishmen a pretty
penny? Yet the 100 acres that slope
the hills and valley are paced off and
the sale is on, with the chance that
the lots will all go this week. This is
no advertisement for the firm, but 1
only take It as fair illustration of the
marvellous expansion hereabouts.
Speaking of Lomita Park brings to
mind what hustlers Grider & Hamilton
are. While they are hustlers they are
believers in printers ink as the col
umns of The Herald testify. Did you
ever go uy against Orders persuasive
attitude as he puts his fingers in his
vest arm holes? If not, do it. Itll
repay you. Stop Kim on tn street and
up go his arms and he reads your
mind at a breath. He reads the public
opinion and then he puts it all into
type and his friends believe in him and
his type rhetoric as much as they do
when he gets those persuasive lips to
unbuckle and shed their words
Oh, Grider he's wonder, for he has
made a success of the business of SELL
ing out additions. He has taken old
additions that other fellows fell fiat on
and he pumped the printers ink wads
from his office gatling into your faces
until the lots were sold. AS to ability
l don't think Grider has any more than
the most of the brilliant bunch of hus-
tiers possess, but l do think as a
spender of money for publicity, in the
coming of phrases and the presentation
of his subject he has few equals on
the coast. He doesn't even impress you
by his talk but, holy smoke, how he
can charm the brain with his printing
ink pen!
II you want to make money in the
present market try and educate your
self up to the notion of picking out the
properties that have the element OF
earning power and stability. These
may not grow so rapidly in value as
you, would like in the hope of getting
rich too fast, but in the end / venture
to say the frontage will prove more
sa tisfactory. You know and l know
that there is real estate and real estate,
but we all know that the secret of sue
cess.is knowing from actual knowledge
and investigation what lots to pur-
chase and then to stick to them. There
IS nothing to be gained by jumping all
over, creation. You can't play checkers
hat way, and neither can you buy land
n such a fashion. Knowing how is
half the battle, and after you get the
how pounded into your system just
stick to the locality and to the system.
The only way to be in the winning
S not to be too anxious to get all there
IS, but to take a profit when you see
i, and let the other fellows have
whack at the situation whether you
buy or sell. And this reminds me of
The howl that is going up among
agents that owners persist in holding
their noses so high when approached
TO fix price. Some brokers tell me
money is here in the thousands to in
vest but that the owners are step
ping on ladders one rung at a time in
order to get out of reach or to reach
the top level that they are creating. I
admit that this is not favorable for
the commission side of the account, but
I'm blowed if | can see any remedy
except to muzzle Los Angeles and keep
'er from growing. Values may be high
but when we are 25O 1000 strong where
will they be?
Don't hold on too long, but give the
other fellow a chance is my advice
boys, in the first month of a year that
Is filled from appearances jam full of
favorable outlooks for investors and for
all others who are keen to see the
AiNiii6 Oil lilS wall. contend |
That no one man or any set of men can
stem the tide. Therefore you cannot
stop the growth Of Los Angeles. There
fore the earning power is a good basis
TO go from, for the reason that divi-
dend paying capacity goes hand-in-
hand and it's dollars to doughnuts
that If you take the trouble to look
up the good investments. and stick to
them, no matter what the frenzied
wise men of the east may say or do.
you are bound to be able to wear
white vests all the year round.
Vx,l,t
Whiie you are at it, look pleasant.
Take your olive oil without a grim
ace If your face is an index of
your feelings try and keep the head
lights bright. Do not take things too
seriously If you have troubles OF
your own, remember the other fellow
may have bundle that he also is car
nj