Los Angeles herald., 1906-04-29
BUSINESS EXPANSION
AT MARVELLOUS PACE
Los ANGELES is COMMERCIAL CENTER
Eastern and Frisco Wholesale Houses and Pur-
chasing Agents Decide to Locate in Angel
City-Steamers Stop at San Pedro

! groups two or three times each year.
all write that there is going to be no
cessation in the amount of members
they send us. Each branch office prom
ises as large numbers Of home-makers
as they ever sent us before, and at
that rate we have been kept busy
finding desirable land for such large
settlements.
This tract known as our Southern
California settlement, will consist only
of 700 acres, whereas we absorbed 5000
acres in our Alpaugh settlement, Tu-
lare county, and over 1000 acres in our
Greenfield colony, Monterey county
The call now is for the higher priced
Southern California property, as
against the lower priced interior
lands"
Plans for Edgehrook
From the club plans for the new
settlement of Edgebrook it appears
that only a small townsite will be es-
tablished, but under the Home Exten-
sion plan it means immediate settle
ment during the first six months, for
no one is allowed to purchase at the
wholesale club prices except with the
agreement that each and every pur-
chaser does certain improvements of
his property at once. This means that
/ home builders will occupy the place
ana not land SPECTATORS.
The Home Extension association has
done a very large work during the
first two years of it's existence and has
been marvel to some of the real
estate men of the city who claim that
1t is an enterprise maintained by the
two railroad companies. AT first there
was some antagonism to the idea of
the railroads entering into actual col
onization work, but while it is denied
that such is the case, many real estate
men are willing to admit that the work
is very practical in it's scope and does
not interfere with the general real es
tate business at all, but rather slim
ulates things in different sections of
the state by the settling of well or
ganized community in one spot to
show just what can be done in that
region. There can be no doubt but
what this Southern California settle
ment will tend to stimulate the mar
ket for home sites in this section, COM
ing as it does at this time. OF course,
the only way large groups of people
can be induced to operate together
in joint action of this character is the
securing of inducements which lead
thereto. Temporarily this is hard COM
petition for retail real estate dealers
but it only serves to put ginger into
the local situation where it occurs.
President Greenfield denies vehe-
mently that the railroads have given
any assistance other than is usually
extended to large colonization con-
Germs, and claims that the plan has
been developed on a self-sustaining
basis.
Expressions of Business Men
j. E. Carr of Carr & Stephens:
"This is a good time to invest in Los
Angeles real estate. Values will go
higher"
M. f. Johnson: 1--WE will grow so
per cent more in 1906 than we did in
1906 Whenever anything comes to Los
Angeles it sticks Many more branch
houses will locate here"
H. c. Galloupe: Los Angeles will
get most of the eastern branch houses"
H. L. Cornish: I'VE will grow at the
rate of $4,000 a year. We are now the
only big city on the coast and capital
will come our way"
w. e. Cummings: "I am buying
more shoes than ever before to meet
demands. Our sales have greatly in
creased"
]. B. Lankershim: "It is the mani
fest destiny of Los Angeles to become
the greatest seaport on the coast"
]. w. Gilbreath: I'VE have a fine
harbor and splendid railroad facilities
and we are prepared for the present
emergency. The future of the city is
crraa than -