Los Angeles herald., 1906-12-09
PLAN GREATEST
TROLLEY MERGER
Continued from Page Onc)


of brick, granite and concrete. 1t will
be ten stories in height and will have
more floor space than any other build
ing of it's kind in the west
The object of the Fourth street sub
way is to cut the running time of the
Los Angeles Pacific cars to Venice and
Santa Monica. 1t is claimed by the
engineers that the new express trains
will be able to reach the beach via the
subway in twenty minutes.
Air Lines to Beaches
Air lines are planned for the Ca
huenga valley, making short routes
to Venice and Santa Monica, also to
Hollywood and Colegrove. The enter
prise as announced will cost about
So, 900, 900.
Well defined rumors are afloat that
the Hartman building is only the
first of number of new skyscrapers
that are to be erected on Hill street
between Fourth and Temple streets
The Hartman interests are said to
control more than $1,O0O,00O of property
on this thoroughfare alone.
The Fourth street tube will be only
a part of the new subway system.
Harriman's agents will ask the coun-
Gil to advertise for sale franchises for
two tunnels through Temple street
hill connecting First street and Sun
set boulevard. Plans for these tubes
have been under consideration for
several months and the rights of way
have all been secured
| When in Los Angeles year ago
| Mr.. Hartman is said to have ex-
pressed the opinion that Hill street
will be the center Of the business and
commercial district ten years hence.
He then advised his local lieutenants
to keep a lookout for Hill street in
vestments. They have followed this
advice to the extent Of $2,0000OO.
Huntington May Retire
Concurrent with the announcement
of the new system of subways comes
a rumor that the Los Angeles-P Pacific
and the Pacific Electric lines are to
be consolidated. If this rumor has
foundation in fact it means that II.
e. Huntington is preparing to retire
from electric railroading in Southern
California, outside of Los Angeles.
Hartman owns a half interest in the
Pacific Electric and Interurban rail-
ways; he is also half owner of the
Pacific Electric building at Sixth and
Main streets; but Mr.. Huntington still
retains the controlling interest In the
Los Angeles railway.
Townsites Follow
One result of the extensions of the
hartman electric llIltS Is luS lOCdllib b
of a number of new town sites be-
tween the western city limits and the
! ocean. Real estate men have been
watching the Hartman agents closely
for several months. Some of the as
tute ones have been able to trace the
projected new lines by the rights of
way secured. These. have lost no time
at getting in on the ground floor in
their real estate investments.
The Hartman interests are invest
ing more money in Los Angeles than
in any other American city outside of
New York. Those closest the great
railway magnate say that he regards
Los Angeles as the future metropolis
of the west coast and he is backing
his faith by his millions.
Hartman lines now control fifteen
miles of ocean frontage near Port Los
Angeles. Their terminal facilities are
vastly superior to those of the South
ern Pacific at San Pedro. Present in
dications are that Los Angeles is to
have two great harbors right at her
| gates.