Los Angeles herald., 1906-04-25
Houses Going Rapidly

Houses Going hapluly
Tuesday was another busy day at
the offices of the rental agencies. In
quiries were urgent for furnished
dwellings and rooms, all of the appli-
cants with few exceptions being stranS-
ers from San Francisco and other
northern points.
Many of the seekers for temporary
homes are people of means VINO DO not
kaggIe over the price if the location is
at all agreeable One woman was told
that there was a dwelling out on West
Twenty-seventh street, eight rooms and
two bath rooms, to be had at sol a
month. "I'll take it, said the woman,
and she paid the cash. Another woman
at the same counter acted with equal
celerity.
The demand is most active for cot
tages of five and six rooms, but dwell
ings of this character are scarce at all
seasons of the year.
Greater Hamburger Store
The Hamburger Realty and Trust
company made another ten-strike yes
terday in planning for big addition to
their mammoth department store soon
TO rise in all its magnificent splendor
on the southwest corner of Broadway
and Eighth street, extending through TO
Hill street.
The company has leased for term of
fifty years the 60~foot frontage on
Broadway adjoining the excavation,
from the Lang estate, just north OF
Ninth street The lease will begin on
January 1, 1907, at which time the Ham
burgers will commence the erection OF a
building in size and appearance to the
great building now being erected.
President d. A. Hamburger states
that with the lease secured from the
Lang estate, the Hamburger company
owns all the property in the block WIN
the exception of lis feet on the north
west corner of Ninth and Broadway,
owned by J. d. Hooker, and AZ feet
lust south of the go feet leased yester-
day, owned by H. S. Williams.
The Hamburgers have made over
lures to both these owners for 90
year lease, so that they might construct
a building covering the entire block
from Eighth to Ninth street on Broad
way and have it of uniform construction
and height. but neither of these own
ers would consent TO lease.
Mr.. Hamburger wishes it distinctly
understood that the department store
building is going ahead as fast as ma
terial men and money can erect 1t, ana
that they will be in the building, bar
ring accidents of an unavoidable nature,
in June, 1907.
Evidence of Confidence
The interest and confidence of this
company in the future of the south
wester1f portion of the city is evidenced
by the fact that yesterday they de-
clined to change the rate of interest
from six to five per cent which was the
one thing standing in the way OF the
sale of "a feet on Broadway between
Eighth and Ninth, east side, at $2500 a
foot. A month ago this property could
have been bought from them at $3.50
and on January 20 it could have peeu
bought for $2250.
Three monuths ago, said Mr.. Ham
burger, he offered to bet the president
of one of the largest savings institu-
tions in San Francisco that Los Ange-
les in ten years would have more
population that San Francisco. The
proposition was ridiculed, but he now
believes that you could cut the time
down to five years and give consider
able allowance at that.
He says Los Angeles is destined to oe
the greatest city west of Chicago, ANA
twenty years from now it will extend
from the mountains to the sea. There
is no place like it on the face OF the
earth that combines the climatic condl-
tions and commercial Importance that
renders it an ideal place for home and
business, and so long as the sun con-
tinues to shine down upon us as it does
today so long will we continue to i'm
prove and prosper"