Los Angeles herald., 1906-06-08
Rail RlAD ROW
MAY MOVE SOUTH
OFFICIALS ARE SEEKING NEW
QUARTERS
Southern Pacific Desires Space in Abb
bot Kinney Building and Salt
Lake In Hayward Hotel.
General News


territory in the neighborhood of Spring
and Third streets, which for some time
has had the well deserved name OF
Railroad Row, will soon lose its cogno-
men. Two of the initial lines and q
half dozen of the eastern lines with Of
fees here are negotiating for quarters
near Sixth and Spring streets.
The cause of the Southern Pacific
seeking new quarters is mainly the
fact that the officials cannot renew
the lease, which expires within two
years. G. G. Desmond, haberdasher at
the southwest corner Of Third and
Spring streets, some nine months ago
leased the corner occupied by the
Southern Pacific In the Douglas build
ing and also the back part of the build
ing with frontage on both Spring and
Third streets and now occupied by the
Blackstone dry goods store.
Since the Southern Pacific officials
became aware that they could not Sc
cure another lease on the building they
have been looking for quarters else
where. Although they can stay where
they are for two years yet if necessary
they realize that a suitable location Is
not easy to secure and are willing to
move now If they can get the right
quarters. In the past nine months
there has been only a slight difference
between the officials of the road and
the owners of three buildings.
offices on Same Floor
The quarters that they are now
"dicl<ering" for is the corner of the
ground floor of the Abbot Kinney
building, which faces Spring ond Sixth
streets on the southeast corner. The
difference in rentals is said to be small
apd the indications are that the offices
will be moved within a few weeks
If the change is made it is intended
to have all the city Offices of the COM
pany housed on the same floor, whereas
now they are somewhat scattered
around the Douglas building.
The Salt Lake city offices occupy
space in the Stimson building, which
is sublet by the Union Pacific. The
officials of the road are negotiating
with the owner sof the new Hayward
hotel. which will be finished by the
middle of June, for the ground floor
facing northeast on Spring and Sixth
streets. directly across from the office
that may be occupied by the Southern
Pacific.
The difference between the owners
Of the building and the officials of the
road is said to be considerable, but it
is thought that compromise will be
effected. The owners ask $3.50 rent
month for the first five years and $1,000
Salt Lake desires to secure lease for
$3.50 a month for ten years.
Small Offices Will Also Move
The offices of the roads not having
terminals here will nearly all move if
the two initial lines secure new quar-
ters. The reason for this can be plain
ly seen. Only three offices in Los
Angeles can issue tickets. These are
the initial lines, the Salt Lake, Santa
Fe and Southern Pacific.
The other roads, when they sell
ticket, must send to the main office for
It. If the offices are five or six blocks
apart d great deal of time is consumed
in getting tickets, which is very incon-
venient when an office is full of people
who are waiting.
Another reason for the Offices NOV
ing Southward is the fact that rents
are cheaper there than in the district
now occupied. Since the offices were
established in their respective quarters
the business district has grown to the
south until Sixth and Spring streets
are as much center as are Third and
Spring streets
The Rock Island office has a lease on
its present quarters for two years yet
but is planning to move into an office
in the Hayward hotel building on the
ground floor facing Sixth street It
now pays $500 month rent and can Sc
cure larger quarters in a new building
for about an equal amount.
Unexpired Leases Can Be Sold
The Piedmont Air lines must move
from their present quarters on West
Third street on account of the lease
expiring soon. They will occupy the
Office ON the ground floor of the Abb
bot Kinney building next to the South
ern Pacific Offices facing Spring street.
The lease of the Illinois Central ex-
pires on August 1, but it can have the
space which it occupies for a longer
time if it desires it. This office will
be moved to the Abbot Kinney build
ing eand viii face on Sixth street if the
deal with the initial lines goes through.
The Gould lines and the Northwest
ern have leases on their present quar-
ters for about three years, but will
move if the initial lines do. All of the
roads will have no trouble in selling
their leases, as the Offices which they
now occupy are in great demand.