Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-06-14
BEAUMONT LOTS
RISE IN VALUE
FIVE HUNDRED PER CENT is
PROFIT OF RESALE
PROPERTY VALUED AT s2so,ooo 10
MARKETED
Board of Trade to Enlist Cooperation
Of Capitalists In Building Houses
for Rent--None Arc
Vacant

Augmented by a steady infiux OF
homeseekers from eastern and south
ern states the sales Of acreage In the
Beaumont valley are reported to nave
reached $4,000 for the week. Business
and residence property In the townsite
is also active. as evidenced by several
recent resales at advances ranging
from 100 per cent to 500 per cent, the
latter figure having been recorded In
the transfer to Mrs. c. Besse Of three
lots, b0x140 feet, In block 8. for $1,000,
which cost the seller $3.50 last October.
G. d. Kemper purchased lot 2. block
102 for $3.50 less than sixty days ago
and sold 1t last week to James II. Den
ham for $500.
Another reassuring phase of the
Beaumont realty market Is furnished
by the report of the Beaumont Land
and Water company showing sales OF
$4,000 for May, making q grand total
) in the nine months the property has
been on the market of over $780,
The company still has nearly 100000
worth of unsold city lots and acreage.
Over 80 per cent of the sales have been
made to residents of Los Angeles and
Southern California cities, which shows
that the popular trend of investment is
now toward ranch homes.
Three New Stores Open
Three new business establishments
opened their doors last week in Beau
mont, namely s. +. Feazelle, plumb
ing shop, and M. T. Wallace and j. b.
Teegarden each started furniture and
carpet stores. George Barrett of San
Bernardino has contracted for mod
ern cottage south of tho depot and
plans for several other new buildings
are on the drafting tables of local
ha ~ 'fraAa has
decided to take up the matter Of en-
listing the cooperation of capitalists
In building moro houses for rent, as
there are none vacant in town.
The Redlands & Oak Glen railway
that Is building to a point nine miles
north of Beaumont has increased it's
construction force to 200 men, which
has stirred up great interest in the
extension of the line to Beaumont, and
canvassing for subsidies to build a
branch has already been actively in
augurated.
Late reports on the apple crop fore
cast shipments in excess OF 800. 000 and
as the eastern and northern crop Is re-
ported very short, better prices than
last year are expected.
New Apple Orchards
Fully 100 acres have recently been
souri, pippin and gloria mundi varieties
seem to be most popular with the new
orchardists. Late strawberries are
bringing fancy prices for Beaumont
growers. and moro extensive propo-
cation OF varieties that ripen late in
the season will be undertaken by
planters next season.
Several poultry farms have been
started in Beaumont this season and
this industry promises to become an
important one here. There is an open
field in Southern California for poultry
farming. for two-thirds of the poultry
products consumed are brought from
the east.
The result of this industry at Beau
mont, on the basis OF years time,
are:
r. P. Stewart. from 200 hens, 800;
from fifty geese. SIPS; from fifty tur-
keys, s125. Robert Adams, from $50
hens, SIS, and fifty turkeys. 500. will
liam J. Sears, $75 from 100 hens and
$60f from twenty-five turkeys. P. II.
Busch, from twenty-five hens, $40.
James Barrett, SIS from 100 hens. s. X.
Smith, $76 from 100 hens and $3.50 from
sixty turkeys. Thomas Mellen. from
fifty hens $3.50. Horace Roberts, from
100 hens, s225. r. J. Mathers, from
thirty-flve hens, SGT. M. Waffle. s7B
from 100 hens.