Los Angeles herald., 1908-04-19
GREAT ACTIVITY
IN REAL ESTATE
GOOD SALES AND EXC HANG GES
is WEEKS RECORD
EASY MONEY MANIFEST IN
INVESTMENTS
colonlsts Settle over Southern Cali
fornIa-one Hundred Thousand
Are Expected-BreakWater
to Be Extended

The week just closed was one OF act
ivity in real estate, good substantial
sales and exchanges marking it as one
of the best weeks of the year. Building
Is evident everywhere and number OF
structures were completed during the
week. Money appears to be easier, and
those wishing to invest in real estate
or to build are finding good Upportuni-
ties in Los Angeles and Southern Cali
fornia.
The enormous number of visitors now
In the city will be feature in the real
estate market this week, when large
amount of money is expected to be in
vested in local holdings. Out Of the
thousands that come 1t is believed that
a number will remain here permanent
ly to invest and build.
Reports from the cities and towns Of
Southern California are that the week
just closed was marked by an increas-
ing number of real estate transactions
The colonist movement continues, and
to date the number of arrivals totals
over 10000 persons.
Officials of the three transcontinental
railway lines entering Los Angeles are
preparing for great rush of colonists
during the next few weeks, which VIII
mark the close of the colonist season.
The past has proven that the great
rush always comes at the end of the
season, and as the low rates from the
east will cease after April 80, the rail-
ways are preparing for the greatest
rush In the history of the business
From careful estimates compiled by
officials of the three roeds 1t is estl-
mated that over 10000 colonists have
already come to Los Angeles since
tho low rates, and that over 100000
will have arrived after the last trains
bearing the homeseekers reach Los An
geles.
Special equipment for all overland
trains Is being prepared for the heavy
traffic, and during the last few days OF
the low rates special trains will be run
On all lines.
The homeseekers who have come on
the low rates have scattered all over
Southern California. The Imperial and
San JOAQUIN valleys have been the prin-
cipal places sought by the colonists, but
thousands of others have settled near
Los Angeles, San Diego, Long Beach,
Riverside, San Pedro aind other cities.
This spring may witness the last of
the low colonist rates. They have
caused friction between the eastern and
western roads. 1t is claimed by the
eastern lines that the rates are not ben
eficial to the east, as so many settlers
come here to make their homes.
To Extend Breakwater
The extension of the government
breakwater at San Pedro is to materi-
aIize and authority has been given
Captain A. A. Fries by the war depart
ment to extend 1t $50 feet further into
the ocean at a cost of $135,000. The
work will be quite expensive, as the
depth of the water is fifty-two feet at
that point. The additional length will
be an advantage to the visiting battle
ships which will be around this point
he %.,t Whan Nhn1nlatad the
breakwater will extend five hundred
feet beyond the present trestle.
The plan outlined some months ago
by the city water commission of San
Bernardino to plant eucalyptus trees
on the city's water bearing lands out
side the city limits is now to be car
ried into execution.
Work will at once commence, putting
out several thousand trees on the Lyt1e
reservoir tract, northwest of the city.
After that is set work will be un-
dertaken on the Antil tract, east of the
city. 1t is hoped by this manner in
future years to bring revenue to the
city that will go far toward maintain
ing the water system, as the land is
ali especially adapted to the culture of
the trees.
Indicative of the growth of the busi-
ness interests of Los Angeles are the
figures submitted by Clerk Secretary
Hugh M. Love of the board of health
regarding new permits issued.
Those approved by the board were
forty-six restaurant permits, forty
nine venders' permits eight bakery
permits and one lodging house.
New Roads Being Built
In every section of Southern Califor-
mia new roads are being built or con-
templated and old ones repaired and
brought up to the standard. These i'm
provements must eventually result in
great benefit to real estate and values
are bound to increase.
Sales in ranch property are large
for the spring season. The greatest
activity in this form of realty was
manifested in the Palo Verde valley, in
Riverside county. the new country
which has just commenced to attract
the attention of the outside world.
Predictions are that this section will
prove a strong rival to the famous
Imperial valley, and 1t Is said that
government experts have declared that
the soil is even richer than that of
TmneriaI