The Los Angeles Times from Los Angeles, California • 85

Real Estate, Industrial and Financial Section. Development. Part 12 Pases. REAL ESTATE INDUSTRY. QUOTATIONS SECTRITTES.

Gr SALT'S SUNDAY MORNING, AUGUST 13, 1922. actions la Hum sad Li. TTTUAT QTHnrVAPriQ Ml? A AT PIXTS AAD New Houses of Worship for Suburban Communities III 11X11 MM. JJl M. J.

ITlJLrfi 1.11 CASH VV TO THE SOUTHWEST! CHURCHES PLAN TO BUILD SOON Fine Edifice Will be Erected in Hollytoood Pasadena Baptists Will Have' New Home 1 Will Make Los Angeles Center of Industry for Several States of Pacific Coast At a meeting of stock raisers and business men of Southern California, held under the auspices of the Chamber of Commerce last Friday, Prof, George I. Christie, who is here in the interest of the proposed new Los Angeles stockyards, gave a comprehensive report on the significance of this development and the need of increasing stock production in the Full Facilities Provided in Doth Structures S36.O0O rem HIGH income. IM- PROVED, NORTH Of FIFTH STKfcCl', TO HW.IJU. STAOOO CtSH FOR TAIB rSCUMB WITH chance rR rs- CRflASB IS TAU K. FTTH TO PUXK MAJN" TO nOCEBOA.

TO 1 tm.im cAm and TvrRiVT.t t'ovsTar for oowxtown improved TO ll.OWMJOO. I200.000 FT. CT.BAB. FOB LOS IS AStvrxa ESTATE HK5HLT IMPBOVm ESTIMATCTI INOOMB, I-WOOO. wn.T.

cossrora aM EAtfrfcKX VACANT OB IllPaOVm iss.floo corn west Monro and. BEACON. Ct.6.ia, AND CASH. FOR OOOD INCOME STOOB PHOPEHTT. '''c i r-, vr" I i Vj Ur- 'K I Southwest.

rlculture during the' term he is Governor of the State. "In talking over this problem of agriculture and development of the FOR LEASE STIAREnOfUMS, UWT, CiARAOES, WARS. OKOL VD LEASES. industry it was very necessary that we outline a program for this development; and Sc with tha Governor as head of our committee, I am trying to determine a program of production of live stock and production in Industry. "When that program was being Charles Q.

Andrews Co. 1M-18 PACIFIC MCTUAL BLDO. MAIN 8040. worked over, the question immediately arosei 'what are the West ern and Central States doing in Prof. Christie, who is a widely known authority on live-stock matters, Including productions marketing and conservation of profits for the producers said in part; "This brings to me an ideal which I have had for a long time; that is the City people must co-operate with the rural people tor the development of industry, if industry is to progress In a good way.

I feel that the question which I am investigating la one of unusual Interest not only to this territory, but to the whole At the present time I have the position of head of agriculture in the State of Indiana, as director of the experient station and of the extension department and in charge of all our control laws. Our Governor, Gov. McCray, is a farmer, one oi the largest breeders of the country and a man who is intent on making some impression on ag- live-stock and so was thought desirable that somebody come out to the Coast A 'HOME OF MUST BE SACEIFICEB Plans have been approved by the building committee of the First Methodist Episcopal Church south, of Hollywood, for a building to be erected at the northwest corner flf Sunset Boulevard and Polnsettia street which will cost, when completed and equipped, $90,000. The dimensions of the building are 88x120. The main floor will have an auditorium with seating capacity of 410 and a gallery seating 100, as well as a dining room and the assembly room of the Bible school, Indies parlor, kitchen, choir room, rostrum and choir.

The mezzanine floor will contain the Junlon department, beginners and primary departments with their complement of class rooms. The second Boor, which extends ever the auditorium will have the pastor's study, young people's as-mbly. library, three large adult class room and the Intermediate department with fit classrooms. The bulldingwIU be built of brick, plastered exterior, clay tile roof, steanjT'heatlng and ventilating. Peyn to be of oak, and In trtrftnih of pine, enameled.

Working drawings are now being prepared in the office Of Robert H. Orr, architect. Mr. Orr 4s also preparing plans for a building to be erected by the t'alvary Baptist Church of Pasa-ilena, to be built on the northwest corner of Colorado and Marlon street. The dimensions of the building are 100 by 12 feet.

It will have a basement, main floor und second floor. The basement wilt contain the Intermediate Department with six tass-rooms, the banquet-room and meral assembly room of the Sun-nay School, kitchen, boiler-room und boy scout room. The main floor will have an auditorium with a seating capacity of 560 and a balcony seating 200, rostrum, choir space and orchestra space. This floor will also have the beginners department, ladies parlor and four large senior classrooms. The second floor, will have a Junior Department with eight large class-rooms and the Primary Department with six large MODERN CREAM PLASTER TILE ROOF, i 1J n.in iimiibi FACT AND COMMENT ti' jl Bubdlviders are a useful and a 1 HrtTI I BRACTlFVTi 125-FOOT TORSim.

WOHT IN THE VKRY fl.YKSr HKflKKNTlAt Kf, TION OF TUB Cm. EXTRA OT' r. EVSTFKONT tORXFB LOT, WP" SOI TITERS EXilWRR. T. WOKnEKPTLLir LANDSCAPE) AND El.

THE HOCSB IS Milt'T IMPt, THE EXTERIOR IS OK CftEAM PI Jit WITH REAL STOVE TRIM AND ROOK; THERE ARE TWELVE BOOta Kfrt TILE BATHS. EXCELLENT HARDWOOD TRIM TiiUWOHOL'T. PINE Lit ISO FIXTTiREK. t.LKOA.NT WALL DEflM-TIONS. C.ABA1.B FOR 3 CAIUk AMPLS SERVANT QUARTERS.

A HOME EASH.T WORTH ti.flO. AMI IOULD NITrr BE PWAXCKl) FOR THAT TODAY. OIB SPECIAL PRICK KR Ot'IOC ALS 19 AND VKKY E.AKY TERMS. AS OWNER TH tWrrEflXKO FOR BI SINEPP REASONS TO DISPOSE Off HIS El'm AT O.NTO. Pii i necessary 'adjunct to any growing city.

Subdividers whp exercise a little discretion, who have fore- sight enough to bs.se their opra- tions upon the city's future grnwUi i and future needs, are an Invaluable asset. It is a sorry fart that' some of them lack this power to vision the city of the future, or else they are unwilling to li thtir IE. i A. Is own plans be disrupted by the lar ger aspects of the situation. R.

A. ROWAN ifM) TTTI.E EfSntANCE BUM). MAIN 7098. 10444. MTXDSOR SQUARE OFFICE.

HILSH1KF. AT LORRAINE. PHONE B6W6. At any rate, there is an Increas- Ing tendency lor subdividers of i IjOS Angeles to seize upon unde- veloped property in the midst of some of the best resldentiil fc- tions of the city. Thereupon tb-y i cut the property Into the amalb-n possibla.

lots. Install of a very Inferior sort, and srll find out in a correct way the activities which were going on. "When it waa decided that I should make the trip Mr. Leonard of the Union Stockyards of Chicago asked me tf I wouldn't look into the stockyards situation and write a report to him what is being done on live-stock production and what more could be done to aid In this great development. GREAT BACK COUNTItY "When Leonard spoke to the Santa Fe, Union Pacific and other railroads about my trip, Mr.

Chambers, Mr. Fall and others asked if It would not be possible for me to include projects on their lines and make a little report; and I am here in the capacity of trying to get Information from central live-stock men as to how it Is going to influence the situation in our territory and what ia being done here. "Then I am going to make some suggestions with reference to the marketing of this live stock and also to suggest as to three ways they can help the farmers in their territory. "I am very deeply Interested In a phase of development that had not come to my attention In any direct way before I came out hero; and that Is that Los Angeles, a city on tha Coast, is located in a territory with a tremendous area known as a back country; taking the Colorado iliver and following It to ita source; taking the tributaries and following the tributaries from New Mexico up Into Utah and Nevada: aking a part of even Wyoming and Montana; taking In all that territory surrounded' by high mountains. "You find here a great area of land with the water flowing toward the) Gulf of California and we find, too, the trade flowing the same way and Los Angeles has a wonderful opportunity in connection with that growth of the back country.

Its necessary', as I see it, that this fereat city with population rapidly increasing. Industries bound to come here in large numbers in the future, it is necessary that you look to the country that Is going to supply the foodatuff and going to buy the products which are made. 4 IMPORTING BEEF ''It is true that live-stock production is undergoing radical readjustments. Stock men have been forced to buy land. They have been forced to give up the vaJley where the food was produced foi the stock.

These rangee have been fenced, entailing high price labor, taxes and charges upon the live-stock men of today, which waa not a fact years ago and ail of those must be taken Into consideration. But that doesn't mean that live-stock irodliction The building Will be of reinforced concrete or brick, plaster exterior, tile ro.n. steam heating and ventilating, oak pews with pine iJ 4- i h3 li-r, CTP PR trim. INYESTIENT EfflAICEIENT FINE RESIDENCES ARE UNDER CONSTRUCTION ALB A-PIECE OF with restrictions so low as to be practically worthless. One subdlvider, who has a choice property In th Wilshire district, points with pride to the fact that residences costing less than J450O can be built in this tract.

For some reason best known to himself, hfc considers the tract well protected by restrictions. In a less beautifully developed section of the city, such a restriction would be quite adequate, and quite worth while, but In the section where he has chosen to operate, It is too low. OCT OF PIACE The man of modest means Is entitled to good surroundlhgs and a -ood environment for himself and his family and with all of beautiful Southern California to cbooR from, he shouW have no difficulty In finding them. With $4500 he can build an attractive home, but the 14600 home, no matter how prettily designed and landscaped, fails to make the proper impression when it is set down in the midst of a district given over to pretentions and costly residences. The result ia almost Immediate- (Continued on Sixth Page) BUSINESS PROPERTY CORRESFO.VOTafCB REDLAffDS, Aug.

12. Two beautiful new homes were started In Iledlandi during the week, and third one is now well under construction. Dr. V. K.

Heacock has started the erection of a two-tory plastpr house that will be one of th most attractive In Redltnds. D. M. Kirkpatrlck, who re- entlv purchased the old Judge E. i'.

Warren place of three acres on Cajon street, is starting construction of a tine home there. H. O. Smith, well-known orange grower, has a fine new home on Bow on the crest of the hills above Redlands, well under way. This is to have all modern, features and the piazzas with their views ovr the city and valley will be especially Interesting.

IT PATS NET VPm A VAU PNDEB FTVB.TJJAH IXA' we ote 9.UIK roa ASH R1XKLRD. W. FX. GARLAND u. T49 SOCTH 8FRI50 STREET.

Hollywood and Pasadena Churches Soon to be Built Upper, First Methodist Episcopal Church, South, of Hollywood, to be built at the northwest corner of Sunset Boulevard and Polnsettia Place; lower, Calvary Baptist Church of Pasadena, at the northwest corner of Colorado and Marion streets. Robert Orr Is the architect for both buildings. (Continued on Third Pwre) LEASE FOR BIG STORE IS SIGNED OPPOSITION ANSWERED Councilman Wheeler Shows Fallacies in Arguments of Opponents to Tenth Street Widening Boadway Will Occupy Six- Cltv F.nclnwr Grlffln and City Attorney Stephens, under lnstmc- Story Structure to be Built tions from the City Council, ar hnrd at work preparing surveys and i Astonishing Profits The opportunity is offered a few wide awake investors to turn their money over at least once, if not twice, a year in a basic industry that is marketing its product at three times cost mapa and tlio necessary descriptions or iana io oe tonucmnwi wldenliur of Tenih street so as to create a great 100-foot traffic, artery in Hollywood miff Hniilrvn ni from lif rafit. to the west boundaries of the city. The City Attorney lias been Instructed by unanimous vote of the Council to piwetHl with the necessary condemnation suits to secure the land iiiin.i in- niriniinii Ktrwt.

onenlnes and wklflnliiRs are don the State law and a numhr rta.re..mn1..nu.iU. (f( n)w running. vl. Slauaon. City Council on the matter of from nsueroa west, Manchester, Florence and West Second street widening Tenth street, councilman "I wish to answer your proposi tions In their order "First That the widening should be paid by entire city.

Aa I have hefora stated, all the other work Is being done under the same act. Why should those who hava al ready nald for their work be furth Miscellaneous FOR SALE Big bargain, $3000 under priced to close an estate. Wall St Five minutes from 7th and Broadway, the last cheap close-in lot See Cowper FOR SALE 10-unit court. Rents $650 SO 4-room 1 lot, $115 $65 4-family Flat, rents $175 Mr. Jackson FOR LEASE Excellent room in wholesale district new building, very reasonable.

Also fine location for light manufacturing. Ready 'now. Mr. Cowper MOVING PICTURE THEATER Down-town on Main Street, seating capacity, 350. $6000 will handle.

Owners have other business and must sell at once. See Mr. Cowper or Mr. Johnson WANTED We have client who wants to buy an electric supply business. Has $6000 in canh as first payment See rf Mr.

Cowper 1 WANTED We have a client with mechanical training and executive ability who will invest $2500 in a light manufacturing business. Business must stand close investigation. See Mr. Cowper or Mr. Johnson.

er assessed to pay for youra? Why should Boyle Height San Tsdro Bargains in Business Property HOPE STREET, NEAR 10TH. We are authorized to sell a very choke frontage, improved with a substantial three-story brick building, at an exception-, ally low figure. Pending improvements in this vicinity should insure a great increase in the value of this property in the near future. If you are looking for an investment in close-in property which will stand the strictest investigation it will pay you to see us at once. GRAND AVENUE.

The best buy on Grand Avenue today. Lot has a large frontage which can be improved and made to pay a splendid interest on your money. Can deliver at $1000 per foot FIGUEROA STREET. One of the most desirable properties on this great thoroughfare. Lot is strategically situated, and offers wonderful opportunities for improvement.

We have a very low price on this property, and it can be handled with a small cash payment For full particulars see W. I. Hollingsworth Company Uarvanza, or Van Nuys pay for your street when they have paid for their own? Did they ask you to help pay for theirs? "Second About cutting down One of the largest recent realty transactions of the Hollywood district was. closed last, when the lease on the new elx-story class A department store to be erected at the southwest corner of Hollywood Boulevard and Vine street was signed by Boadway Brothers. The lease, extending over a long period of years, Involves a total consideration of $750,000.

The consummation of the deal comes as the conclusion of a campaign in Hollywood through which the support of a large number "of residents of the community was obtained for the project. The building, as planned, will contain about 110,000 square feet of floor space, and represent a total investment in excess of $1,000,000. The entire structure will be occupied by Boadway Brothers, who now operate a large store In Pasadena. Tha property Is owned by Ir. Edwin O.

Palmer, who will erect the new building, which will have a frontage of 100 feet on Jlolly. wood Boulevard, and 160 feet on Vln street. The structure will be of brick construction, with terra cotta facing, and will con-tatn large display windows on both the first and second floors. Construction la to be started as soon as the plans and specifications can be completed, and it is believed that the "tor cnn be opened In time lor the Christmas holiday business. scores of anartment-houses down town will say that a survey does not agree with your statement.

We believe this to be one of the safest and most profitable offerings ever made to the public. Our reputation of twenty-seven years stands behind it. Convincing proof at your disposal. We maintain, a Statistical Department on stocks and bonds for the convenience of our clients. This service is free.

See Mr. Sieboldt Security Dept. "Third 'If some lawns are cut off it would ruin our city's reputa tlon for beautiful I do not believe widening and taking out soma of the acut angles in Tenth street will ruin our city. It Wheeler, chairman of the Council's Public Works which held a number of public hearings on the proposed improvement before recommending It, has snt the following letter to Kdward C. Crlbb, chairman ot the organization Is oppoeltm the improvement, the letter of Councilman answering a number of arguments whtch have been advanced by the opponent of the street widening: -Mr, Kdward C.

Crlbb, "Chairman Society Opposed to Widening of Tenth street, "S08 Central Bulltllntf. "lxs Angeles, Calif ornlt. "Dear Sir: Your letter, regarding the proposed opening and widening of Tenth street, at hand, and contents carefully noted. "To me, personally, It make no difference whether the street is opened In certain places, straightened in others, and widened all along, but as a city official, and one who Is interested In the future welfare of the city, and a a city planner. I am Interested.

"I am living two and a half blocks from Sunset Uoulevard, which was widened somo ago, and am prepared to state that the assessment 1 paid was reflected severs! tlnif-s ovtr by the Increase In property values on ac count of said opening. "11 has ben the history of every opening and widening In thia cltv that th grpat hi'tielit to locil property values has more than offset the cost. "Tou say you think the who! scheme unfair. 1 call your attention to the fact that all ot ihetu has not ruined other streets nor will It ruin this one. "Fourth Your statement: 'The people on your street wanting nice aulet homes without Is auite noetic, but the growing traffic demand an outlet snd many of the residents of Tenth street are as loud in their complaints about traf fie congestion as from any other section.

"Fifth--You stste: 'This street csn never be straight on account of 1 seven That Is true, hunset Itoulevard Is not straight street. a REALTORS yet travel has doubled since it was ROBERT MARSH CO, REALTORS INVESTMENT SECURITIES Pico 2412 101-75 402 Hollingiworth Building widened, and values nava aouoieu or tripled In tnsny cases and the nonx rians for a three-story clasa brick hotel building to be built at the northwest corner of IMco snd Wall streets for Lloyd Casler are being prepared bv Architect C. C. Hlttenhouse. It will contain 1)2 guest rooms and twenty-seven bathrooms.

Sixth and Hill Main 6760 10777 sirnlghtenlng of many of the Jogs you iiek of will greatly add to the safety of both autos and pedes (Continued on Second I'oge).