Los Angeles herald., 1907-12-15
RECORD OF
RANCH SALES
SUSTAINED
PRICES OF THOSE REPORTED
HOLD STEADY
DEALERS DO NOT EXPECT ANY
DROP
Helmet and Anaheim Are Active-Eti-
wanda Men Who Sold Banbury
Ranch Take over 800
Acres

The reports of ranch sales from sur
rounding towns for the past week are
almost as numerous as for the two weeks
preceding. The latter established rec
ord which will be hard to beat, but the
consensus of opinion among dealers most
conversant with the situation Is that
the record will not only be sustained but
will be eclipsed at different times as the
season goes by.
AS will be observed, the prices. paid for
the tracts noted below range as high as
$1300 an acre, several bringing $500 and
$500. This is pretty sure indication that
ranch values are holding their own, bas-
ing Judgment on the general knowledge OF
the country in which the land lies. In
stead of any depreciation occurring it
will be a safe guess that a steady ad-
vance will be recorded.
The G. Green 5O~acre place, southwest of
Anaheim, was sold to G. l.. Squier of Los
Angeles, the purchase price being $1O,3OO.
Mrs. Mary Sheppard of Anaheim sold
to r. w. Bowes twenty acres on East
Center street for $4,000.
w. d. Spencer has purchased the john
son ranch at Rivera. This ranch contains
twenty acres and the consideration was
about $4,000, which is considered very
reasonable.
John Steves has purchased of j. w.
Fulton his ten-acre orange orchard lying
just west and north of LordSburg; stated
consideration, $4,000.
Mckenzie & Pedley have sold a 51a-acre
navel grove on Cleveland street, Airing
ton Heights from Lou Brundige to Mr..
Hudson, the consideration being $1,000. Mr..
Brundige has bought from the Riverside
Trust company a 10-acre grove on Cleve-
land and Roberts streets. This Is half in
NO. nj hoI tn
Secure Big Tract
j. c. Jones and George r. Johnston, the
Etiwanda men who recently disposed of
the Banbury ranch to the Arrowhead
Realty corporation and turned a neat for
tune on the deal, have purchased from
Anna Gecman 800 acres in the same neigh
borhood, being the north one-half of Sec
ton 20 one south, six west.
The price Is to be $4,000, according to
the contract of sale, $500 having been paid
down and the remainder of the purchase
price is to be paid to Mrs. Gecman out of
the gross proceeds of the property, at
least twenty-five acres of which must be
set to vineyard each year. This means
that the cost of cultivation and care must
be paid by Jones and Johnston, the gross
returns being applied on the balance due,
until the same is fully liquidated. The
unpaid balance runs at per cent, but the
interest cannot be paid out of the pro-
ceeds of the ranch.
Aaron Ogan of Ontario has bought five
acres of unimproved Hemet land, one-half
miles northeast of town. He paid In the
neighborhood of $1,000 for it.
w. e. Hyer has purchased five acres
adjoining his orange orchard, four miles
east of the same place. The price paid
was $5OO0
G. G.. Wrinkle of Santa Ana has pur-
chased ten acres on Acacia avenue. The
property is planted to olives and is located
two miles east of town. The place has a
house and barn on it, and the price was
about $4,000.
Martin Meier of San Jacinto purchased
three acres of land north of Hemet for
$1200
A. G. Mum at Fruit Vale has sold the
Maple Leaf ranch, consisting of 100 acres.
for $4,000 to Mrs Sexton.
C. II. Lathrop at Redands has sold two
orange groves, one ten acres which
brought $1,000, the other, five acres, bring
ing $4,000 The purchaser of the ten acres
Is Andrew Johnson, of the latter, B. M.
Garrett.
George Parsons purchased ten acres of
orange grove at Highland. Mr.. Parsons
is understood to have paid close to $1,000
per acre for the land. He got an interest
in the pumping plant on the ten acres and
other water rights. This latter buy gives
Mr.. Parsons a holding of something like
thirty acres. He owns ten acres in East
Highland, for which he refused some
time ago $4,000. He also has ten acres
where he resides, and the last ten acres
he bought makes the thirty. The East
Highland property brought him in $4,000
worth of fruit last season, sold for cash.