Los Angeles herald., 1905-09-24
OUTLOOK BRIGHT
}FOR BUSY SEASON
VIEWS OF LOCAL DEALERS ON
REALTY SITUATION
Splendid Opportunities for Profitable
investments In and About Greater
Los AneeIes-No Dull Pc
rlods In Sales


better opportunity for safe and profit
able investment in the line of real es-
tate-business. residence or tract prop
erty-than Los Angeles, the gem home
and industrial city of glorious South
ern California. Within the past few
years amazing advances have been
made in business and other frontage in
various sections and so rapid has been
the increase in values that some own
ers now are reluctant to fix price on
their holdings, and If they do sell they
are quick to buy again somewhere
else, thus demonstrating in substan-
tial way their individual faith In the
future development of the city.
This is the season of the year when
there is noticeable activity in the real
estate world, although it may be
stated with truth that during the past
summer great energy has been dis
played by agents in big propositions
with the result that there has been
no week or month of dullness.
Views of Local Dealers
ga conservative estimate, Of the
growth of Los Angeles is twenty thou
sand annually and that of the county
twenty thousand" said w. l.. Hollings-
worth of W. 1. Hollingsworth & Co.
with our superb electric railway sys-
tenn. making it possible for the house.
wife who may want to make pur-
chase to visit the city speedily and at
nominal expense, the business interests
of Los Angeles profits by the steady
increase of population independent OF
the trade contributed by the thousands
of tourists.
Did you ever consider the peculiar
location of the business district OF Los
Angeles?. Business will not, and can
not go over the Hills north or west, and
II will not go east over the river, ex-
cept perhaps in a comparatively small
way. Naturally the business district
will extend southwark down the prin-
Gina, thoroughfares and it will keep
on going that way as the city grows
in population.
"Another thing: Were all the fac
tories in the city to close down the
business interests of the city would not
suffer materially, for the reason that
no city on the face of the globe has
a larger percent of residents within
its boundaries in aff1uent circumstances
-neople who have brought their wealth
with them to this glorious climate, or
have ample resources in the east. In
the real estate line business with our
firm has been good all through the
summer. We look for a dull season
during the month of November, when
nronerty owners will have to pay their
taxes. and then will come great re-
vival in the month of January. to con-
tinue all through the year until fall
at have noticed that in July and
August the merchants and capitalists
of Los Angeles find more time to look
around and make selections of property
for use of investment. The summer is
the quiet time in commercial lines and
the men who know good thing when
thew see it do not hesitate to make
purchases.
great metropolis Nothing can stop the
further growth of the city, now that
the water supply question is perma-
nently settled think values now are
normal, but I do not undertake to
state what the rise will be during the
coming year"
Robert Marsh, of the real estate firm
of Robert Marsh & Co., had his right
arm in a sling as the result of pain
fu1 experience with the crank of his
automobile. The crank slipped out of
his hand and struck his wrist, fractur-
ing that part of his anatomy and
sending it to the surgeon to be placed
in a. plaster cast. 1t takes more than
a bubble knockout" to put Bob out
of business. He has been on deck
every day since the mishap attending
+o his end of the Office business, and
Yesterday just to show that he was
not sore on autos he selected fine
steam chug as present for his father,
and told him that everything would
come as natural as closing real
estate deal dIleI uS SoI uocu ~ Ihc
machine.
And then Mr.. Marsh told The Herald
man: 'You can say that business has
been fine with us and that Los An
eeles will become one of the greatest
home cities on the continent-a city
of daily delight for those who know
how to live and fascinating point
for investment propositions. Here the
money of the east can enjoy not less
than three per cent profit on any
kind of buy, while within few
months considerably greater profit can
be taken down. Such has been the ex-
perience of investors in the past two
years, and with present conditions
there is every reason to believe that
even greater results will be attained
IN the Los Angeles field of realty oper-
ations.