Los Angeles herald., 1907-05-05
BUSINESS MEN
ARE OPTIMISTIC
REALTY VALUES IN HEALTHY
CONDITION
Money is Essy-Made In Los Angeles
Exhibit Worthy of Repetition
Annually = Vote for
Water Bonds

The consensus of opinion among re-
atty dealers is that operations during
the past few weeks in the field demon
strate that conditions generally are now
down to ''safe and sane" level, and
this conclusion is held to be good by
the bankers of the various institutions
who are frequently in close conference
with those firms that form syndicates
for handling valuable business prop
erty as well as those who figure in tract
propositions.
"About all of the best frontage on the
coming business streets are either sold
or the options are in the hands OF
agents" said dealer Saturday
sTherefore there is not likely to be
any early marked movement to attract
the attention of the buying or curious
public unless somebody comes along
with a lot of cash to acquire possess
sion. But it does not follow that there
is nothing doing in the market, for the
contrary is true, as the sales of the
week will show. 1 regard the market
generally as being in f1rst-class condi-
tion, with abundant evidence of re-
newed activity In many directions The
banks are little close with money Just
now, but conditions are improvi lg ev-
erywhere and Los Angeles viii con-
tinue to lead in doing things in real
estate and building operations. There
Angeles, and the individual firm or
syndicate that is in a position to put
UP first-class security will be accomnNo-
dated for any reasonable amount at 6
to per cent"
The highly creditable made in Los
Angeles" exhibit installed in the Piano.
rama building is the best demonstra-
ton in its line ever made in the state,
and it is one that will open the eyes of
all visitors in our fair city as to the
vast extent of the industrial interests
of Los Angeles. The mammoth dis
play comprehends nearly everything
that enters into the manufacturing and
commercial affairs of a great city, and
proves beyond cavil that Los Angeles
is growing in a marvellous manner in
valued industrial enterprises. Various
styles of mining and other machinery,
built in Los Angeles, all in motion, do
not fail to attract the attention of the
people, especially the owners of rich
mining properties in California, Neva-
da and Arizona. Gasoline engines,
hoists, ore crushers and laboratories are
included in the great display, and eX-
peftS are at each booth ready to give
full explanations as to the special mer-
it's of the manufactured articles, sup
plies that are made here in our own
city, ready for installation in the min
ing camps of the mining region. The
varied products of Southern California
are shownsjn manner that cannot fail
to make a lasting and favorable i'm
preston on the visitor. 1t is a fine be-
ginning, one worthy of expansion and
repetition annually.
The question of permanent water sup
ply was fully canyassed the other day
under the auspices of the Los Angeles
realty board, when city officials, bank
ers and business men of the commun-
ity united in hearty Endorsement of the
proposition to vote for the issue of
bonds to bring water to the city from
the Owens river. Much enthusiasm
was demonstrated, which should stir
every voter to a determination to fall
in line and cast his ballot for the propo-
sition. With the water supply ques-
tion permanently settled, Los Angeles
will soon become the principal city of
commercial, mining and manufacturing
Importance on the Pacific coast with
several millions of contented people,
happy and prosperous, in the full en-
joyment of the finest climate to be
found in any part cf the civilized globe