Los Angeles Herald from Los Angeles, California • Page 19

I'art 111 GROWING ACTIVITY IN REALTY DEALS LOS ANGELES MARKET LIVELY AND ATTRACTIVE Investors Placing Their Money Freely In Desirable Business Frontage. Money From the East In Evidence Important transactions In the realty field during the past week indicate decided animation In the Los Angeles niarket, especially In business property. Several fine properties have changed ownership, some the frontage having been acquired, for early Improvement and other lots as Investments. Dealprs report that the market Is In a very healthy state and that loans on Improved and other good property can be had at satisfactory rates. Money is plentiful and investors are daily manifesting their strong faith In the future prosperity of Los Angeles by making purchases.

Investors from the east are also frequent buyers, and eastern money is being sent here for Investment. Hotel Rossmore Sold Robert Marsh Co. anu Mines Farlsh sold for Tracy W. Ross to Dr. T.

R. Croswell nnd associates a lot 66 xlso feet to a twenty-foot -lley on the ftouth side of Sixth street, bet-veen Hill nnd Olive and Immediately facing Central park, for $120,000, or at the rate of a little over $1800 per front foot. The lot is Improved with a tiiree-story frame hotel building formerly known as the Hotel Rossmore. This is one of the notab'e of tho past week, and emphasizes substantially the estimate of shrewd investors in values In the vicinity of Central park. Negotiations for other large deals in that vicinity are under way.

Sale of Hotel Tulane W. B. Merwln Ci Co. report the sale of Hotel Tulane, situated on the east side of Hill street, between Third and Fourth streets. Size of lot, feet to.

a 20-foot alley, improved with a three-story trick building, two stores below and hotel ab ye. Price, $84,000. The buyers were composed of a local syndicate, among whom were Mrs. Clara B. Burdette, M.

E. Hammond and others. The sellers were William Mines, Oscar Fr.rish and Ernest Quinan. Tho large purchases made by the Los Angeles Pacific Railway company on Hill street have attracted Investors to this section. Investment Purchase A.

C. Brown has sold, through the agency of Robert Marsh Co. to Mrs. Louise Y. Pratt, a lot Esxl3Q feet on the south side of Sixth ctreet, fifty-five feet west of Olive street, $67,750, or at the rate of $1050 per front fo t.

Bought for Improvement. The purchaser has planned to erect a five-story building on the lot. This sale further demonstrates increasing interest taken in West Sixth street property. Cood judges of values believe that West Sixth, West Seventh and West Eighth street frontage will keep pace with Hill street In growth as important. business streets.

On South Main Cate Henderson of 205 Mercantile place report the following sale to Mrs. Elleta Stocking of Los Angeles: Lot 5 and the south ten feet of lot 4 of block 3, O. W. Childs tract, for $45,000. This property has a frontage of 47 3-10 feet on Main street, si.uated between Twelfth Rnd Pico streets.

New Site on Hope Street The Young Men's Christian association has acquired the lot at 719 South Hope street for $50,000 through Wright Callender and J. Johnson. The lot is 57x165 feet, improved with a fourstory flat building. The adjoining lot, 90x165 feet, has been sold to the association by Mrs. M.

L. Moore for about $50,000. The Y. M. C.

A. property at 619-623 South Hill street will be sold and the new building will be erected on the Hope street lot. The Hope street frontage is 147 feet. FINE PARK ON EUCLID HEIGHTS IGift of Desirable Acreage to the City. Sales in Euclid Crest and Tracts Residents of EuclW Heights soon will have a fine park as a near by resort.

Already plans have been formed for the improvement. Eleven acres 1 have been donated to the cl.y. The land is two blocks east of Euclid avenue and Bouth of Sixth street, and extends to a point below Hollenbeck avenue. The acreage will be beautified and laid out at public expense and work on it will be commenced in the near future. The Stephenson avenue car line will pass through the upper part of the park, which will 'make It easy.

of access. Walter B. Thompson has paid the Greater Los Angeles Realty company $35,000 for seventeen and one half acres adjoining La Mesa tract in Euclid Heights on the east and lying between Stephenson avenue and Hollenbeck avenue, west of Euclid avenue. It Is a beautiful tract and will soon be subdivided and placed on the market. Edward D.

Silent Co. report a demand for their Euclid Crest property since the franchise for the East Seventh street car line was awarded and report the sales of lots 20 and 21 on Euclid avenue to B. Miller for $2200, and 10t. 24 at Adelaide and Euclid avenues to William Malcolm for $1250. TWO MILES OF STREET WORK Twenty Additional Acres Secured for Early Subdivision and Improvement The McCarthy company has purchased twenty acres, corner of Main street, Manchester and Moneta ave-.

nues, and wil soon subdivide the came into Addition No. 2 of the McCarthy company's Greater Los Angeles tract In large lots. Throe new houses were started in the McCarthy company's Greater Los Angeles tnict last week, on glxty-fourth street, Rlxty-nftli street and Sixtysixth street, between Main street and South Park avenue, and two miles of street work have been finished up in this attractive and popular subdivision. Other improvements contemplated will keep up the' general line of house building improvements that has' been Inaugurated on thla property. Los Angeles Sunday Herald.

GREATER LOS ANGELES GROWING IN BUILDING AND INDUSTRIES Midsummer heat and a scarcity of labor do not retard the growth of Los Angeles. In all parts of the city new structured are being erected as rapidly an machinery and muscle will bring results, and still much Important work In the line of Improvements Is delayed because of the scarcity of labor. In building every month 'or nearly a year hns been a record breaker. Statistics for August promise top-notch totals. Total permits for the month to date aggregate 439, authorizing improvements for $874,686.

Classified Statement Below Is the official report for August, 1906, to date: Permits. Value. Steel frame (class A) 1 4,500 Reinforced concrete building (Class A) 1 4-Btory, brick building 1 17,000 3-story brick buildings 2 39,600 2-story brick buildings 6 61,400 1-Btory brick buildings 4 16,250 Brick alterations 16 8,455 3-story frame buildings 2 28,600 2-story frame buildings 44 180,353 IH-story frame buildings 16 33.678 1-story frame buildings 189 203.701 Sheds 37 7.661 Frame alterations 112 39,837 Churches 1 11,000 Foundations 1 3,000 3 320 Public buildings (city) 4 69.633 Grand total 439 $874,556 Improvements by Wards Following is the report of Improvements by wards August 13 to August 18: Ward. Permits. Value.

First 18 29.568 Second 23 17,555 Third 9 35.430 Fourth 20 243.476 Fifth 30 64,695 Sixth 43 48,402 Seventh 6 12.390 Klghth 7 6.010 Ninth 16 17,718 Total li 2 $465,604 Los Angeles in Front Rank Official reports published by the American Contractor. Chicago, for the month of July place Los Angeles high in the ranks of cities that have expanded in substantial Improvements. July was remarkable for building activity tm-oughout the country, all importent ANGELENOS BUY IN SEARCHLIGHT WONDERFUL ADVANCE IN REALTY VALUES Searchlight Promises to Be Another Goldfleld Comments by Fitz James McCarthy.the Noted Mining Writer Quite a contingent of Los Angeles people who have followed closely the history of Goldfleld are today drawing comparisons between that town and Searchlight, Nevada, with the result that within the past few weeks over $100,000 has been Invested in Searchlight real estate. As a consequence of the present demand for the property on Hobson street, which is the. busiest thoroughfare of Searchlight, lots have gone from $1200 two weeks ago to $2000 today, and the number that remains at that price may easily be counted on the ends of the fingers of one hand.

In speaking of the prevailing conditions in Searchlight, Fltz James Mc- Carthy, the eminent mining writer, who Is thoroughly familiar with Searchlight, said: "It would seem entirely improbable to an eastern tenderfoot to tell him the truth about Searchlight, for the prosaic business methods of the east furnish no precedent for the froth and activity of a growing' mining camp. I was In Searchlight when I could have bought all the lots from the line of the hotel to Judge McElwaln's office on both sides of the street at $50 each, and I want to say that this waa less than a year ago. Today I find that most of these lots have been completely withdrawn from the market and the few that remain unsold are held at from $2000 up. Over $300,000. In Lots "Now, when you come to figure that there are about one hundred and fifty lots on Hobsor.

street, then you will see that the total appreciation. in value on this street alone has amounted to approximately $1950 a lot, or a total of $292,500. In other words, it means that $292,500 in actual equity has been added to the bank rolls of about one hundred different people who own the property on that street. It means that this amount of money Is actually In Eight as a reward for the initiativeness of those men who had nerve enough to go into the camp, buy desert and wait for the building of a railroad. "Another strong point in favor of the argument that Searchlight Is to be.

one of the moat wonderful camps in Nevada Is that within the last week articles of incorporation have been taken out for another railroad. A new company has been Incorporated under the name of the Searchlight and Northern railroad company, with a capital stock of $500,000, and the fact that G. H. Mc- Clintock, a prominent Nevada banker, Is mentioned as one of the lncorporators gives assurance that the new project, now embryo, will soon materialize as two iron bands connecting Nipton on the Salt Lake road with Searchlight. "When I was in Searchlight I took particular notice of the fact that the site was admirably adapted as a residential section, and the Ormand addition, which H.

H.McCord company of Los Angeles recently purchased, is unquestionably the best located of any property in the camp. Each house built In this tract will have a picturesque view of the surrounding country, and you only have to go to Searchlight and stand on one of Its hills to see one of the grandest landscapes In state of Nevada. So high Is the elevation of the camp that you look down, as It were, upon a mountain walled valley flanked on all sides by stern and rugged mountains, the coloring on whose sides and combs cannot be depicted in words. To be appreciated the landscape must be seen." cities showing Increased percentage In value of Improvements. Building Figures Below Is the official tabulation for July, 1906: CITY.

flfc I coat. cost. Atlanta, Oa. 472,688 254.7d8 TO 0 Baltimore 1,060,000 706,000 60 Birmingham 432,600 16H.000 158 Bridgeport, Conn. 201,157 104,380 92 Buffalo, N.

1,038,600 663,684 87 Chicago, 111 3,778,390 28 Chattanooga 100,575 120,693 16 Cincinnati, 845.840 777,225 23 Dallas 234,886 217,874 8 Denver, Colo. 432,310 356,438 21 Detroit, Mich. 1,062,000 974,200 9 Duluth, Minn. 183,715 113,855 61 Bvansvllle 61,633 69 Grand Rapids 308,857 163,862 88 Harrlsburg, 192,950 232,185 16 Hartford, 379,616 611,557 $7 Jersey City 441,068 199,772 120 KanMg City, Mo. 880,655 874,570 Knoxvllle 41,390 207,600 80 Little Rock 218,123 108,042 100 Louisville, 937,575 408,805 120 LOS 1,783,628 1,304,108 37 Manchester 67,000 81,120 17 Milwaukee, 709,164 714,961 Minneapolis 1,600,820 881.975 81 Mem Dhls 411,995 302.773 30 Mobile 75,682 42,921 76 Nashville 156,818 274,939 42 New Haven 220,847 34 Newark, N.

1,231,228 892,663 38 New Orleans 405,617 313,835 "Manhattan 8,349,600 16,430,500 49 Alterations .1,274,715 1,367,407 Brooklyn 8,006,723 6,872,822 16 Bronx 1 38 Greatr New York 297741,659 ..30 Omaha, Neb 352,850 1,045,650 66 Philadelphia 4,065,410 2,790,155 64 Paterson. N. 99,857 102,608 2 1,686,283 1,366,794 16 Pueblo 19,820 24.144 17 Portland 741,476 277,735 166 Rochester E91.205 314,410 88 St. Loifls, 0.... 3,358,779 2,374,395 41 St.

Paul, 610,370 456,910 San Antonio 56,721 SO Scranton, Pa 298,705 203.040 47 Seattle, Wash 1,177,114 27 Spokane, 391,557 296,800 32 South Bend 593,655 676,152 12 Syracuse 388,295 24 Salt Lake 142,500 59,795 138 Topeka, Kan 171,950 65,700 161 Toledo. Ohio 248,591 376.5(12 24 Terre Haute 83,795 97,075 13 Tacoma 283,090 162,352 74 Washington. D.C. 988,451 1,271,279 22 Worcester 324,768 182,845 77 Wllkesbarre 175.808 205,565 Total 78,515,830 59,954,941 SI CARS RUNNING TO EAGLE ROCK NEW SUBURB SIX MILES FROM FIRST AND SPRING Beautiful Diversified Scenery and Choice Residence Sites In' the' Lovely Extensive Improvements Cars commence running on Monday morning to the beautiful Eagle Rock valley, giving a through thirty-minute service. Situated between Glendale and Pasadena, Eagle Rock is exactly six miles from First and Spring streets, and affords probably more diversified scenery and choice residence sites than any.

other close in property still available for home sites. Nothing but the lack of car service has prevented the development of the valley, and now, with the extension of the University cars, giving transfers to all parts of the city, a very active movement is taking place. The Edwards Winters company have given out information of the completion of the Eagle Rock Water company, with Percy F. Schumacher as president and Joy A. Wlnans secretary.

The company is incorporated for $200,000, of which $72,000 -is subscribed. They have four 12-inch steel cased wells, running through solid rock and developing over seventy Inches of pure, soft water. The reservoir now under construction' Is of reinforced concreto and has a capacity of 200,000 gallons Largo water mains are being extended throughout the valley. The Eagle Rock Improvement association, Carl Laux president and A. C.

Helbrlg secretary, are securing bids on the grading and street improvement of Central and Colorado streets, both of which are to be 120 feet wide and oiled under the new tamping process. All the tract: improvements going on in Eagle Rock are of an extremely high class and Include wide parkings and the setting out of shade trees, etc. ALL STERILIZED American Beauty Butter Is Pure and Sweet as 'Is' the Name The best physicians In Los Angeles are using the American Beauty brand of sterilized butter. They say it perfection and that It fills a long felt want. It stands the test made by the American Dairy company of New York with local office, room 432.

Citizens National Bank building. The big feature of the proposition is that every pound of butter Is sterilized. The plant is in perfect sanitary condition; all equipments are sterilized every day and- employes are required to wear white shoes, shirts, trousers, coat and cap. No visiting among employes is permitted. Floors, cans and platforms, clothing, must be kept spotlessly clean.

Everything and everybody is regularly Inspected with reference to cleanliness. The general manager, J. B. Bleakmore, has been with the Cudahy Packing company seven years. He Is one of the best known men on the Pacific coast.

H. A. Marx is superintendent of the plant at Anaheim and is a past master In the art of butter having obtained his lessons In 1 ew York and New Jersey. L. A.

WUhelm, the sales manager, has been a salesman on the Paclflo coast for fourteen years. Firm Name Changes The interest of 8. R. Barry In the real estate business of Barry Bros, has been purchased by David Barry S. R.

Barry retiring from the firm. Announcement Is made that a new organization will be formed at the old location, 328-829 Bradbury building. The of the Western Colonization and Investment company now are established at 623 Houth Main street. SUNDAY MORNING, AUGUST 19, 1906. SEEKING HOMES IN SOUTHWEST MARKET ACTIVE FOR DESIRA BLE ROPERTY Prices Bald to Be Firm Inquiries More Numerous Than During All Former Bummer Periods Active realty firms report that they find the present season more lively in.

tne realty field than during any former Hummer period. Many inquiries are made by homeseekers and investors, and property Is freely shown in all parts of the city. Values are well maintained. Home Places Sold George W. Stimson has sold a sevenroom dwelling located at 2808 Slchel street to George A.

Smith of the Pacific Wireless company. The house Is modern In every. particular and Is situated on a lot 40x165 feet. Mr. Smith will occupy the property.

The Mrs. Oscar Lawler property on West Twenty-second street was. sold last week for $6500. Judge Wilcox has sold his home at the corner of Rose and Palm avenues In Holloywood to John Donovan of Los Angeles for a stated consideration of $9000. This price incluues furniture.

The lot Is 85x180 feet. Good Bunch of Sales The Edwards Winters company the following sales for the past week: For M. E. Henderson to J. T.

Mc- Clure, lot 19 and half of lot 20, In block 20 in the Small subdivision, being spventy-flve feet on Fourth avenue, between Washington and Adams. Consideration, $2600. The roperty was purchased as an Investment. H. W.

Skelton to Charles J. Heines, lot 50x130, improved with a six-room bungalow, 2416 Leotl street. Total purchase price, $4500. Purchased for a home. C.

Mattison to W. O. Clarke, lot 61, Mettler's Central Avenue tract, being 40x125 feet, on East Forty-firzt street, between McKinley and Central avenues. Consideration, $800. Purchaser will Improve with a six-room bungalow.

M. J. Redmond to W. F. Kein, lot 10, in block 13, Adams Street Arlington Heights tract, being 50x150 feet, on the side of Sixth avenue, between Twenty-third and Adams street.

Consideration, $1200. Purchased as an investment. Mrs. Amy Caypless to J. 77.

Bible, lot 50x150, a six-room bungalow at 3013 Halldale avenue. Consideration, $4200. Bought for a home. H. C.

Smith to Dr. Nichols, lot 10, In Prescott-Smith tract, lot bOxl7B, Improved with a six-room bungalow on Avenue Fifty-four, between Marmion Way and Monte Vista street. Consideration. $3200. Bought for a home.

For Frank Cole to Mrs. K. L. Smith, lot 5 of the Adams Street tract, lot 50x 130. on the west side of Budlong, between Adams and Twenty-fourth rtreets.

Consideration. $1800. The purchaser will improve with a modern residence at once. In South Park Tract Kroesen Bros, report the sale of the following property In the Thorne- Kroesen South Park tract, all lots lying Just south of Slauson avenue. To Marie Meybohm, three lots, 40x 140 feet on the east side of Howard street, $625 each.

STo Henry A. Geisendorfer, lot 140 feet, on east side of Howard street, $625. To J. J. Stubenbord, lot 40x140 feet, on east side of Howard street, $625.

To F. S. Gould, lot 40x140 feet, on the east side of Howard street, $625. To Celestine Furtsch, lot 40x140 feet, on the west side of Howard street, $650. Lois Burall, lot 40x140 feet, on the west side of Howard street, $650.

To Louis Bell, lot 40x140 feet, on the east side of Howard street, $625. To D. J. and Ada May Baxter, lot 40x140 feet, on the east side of Howard street, $625. To Millie Sheldrake, lot 40x140 feet, on the west side of Howard street, $650.

To Millie Sheldrake, lot 40x140 feet, on the east side of Howard street, $625. Also the sale of other lots as follows: Nannie Moore to Eben N. Burnham, lot 45x135 feet, on the north side of Forty-fifth street, between South Park and McKinley avenues, $700. W. H.

Coughlers to W. B. Smuck, lot 50x150 feet, with a four-room shack, on the northwest corner of Fifty-first and Dominguez streets, $1275. J. H.

Brown to J. H. Pate, lot 60x 160 feet, on the south side' of Flrtyelghth street, between McKinley avenue and Domtnguez street, $650. Nora K. Hamilton to Carl Weber, lot 45x135 feet, on the north side of Forty-seventh street, between South Park avenue and San Pedro street, $800.

CHURCH PLANS ACCEPTED First Presbyterian Church at Long Beach Will Cost About $80,000 The plans submitted by Architects Train Williams were accepted by the trustees- of the First Presbyterian church of Long Beach for their new church, to be erected on the northwest corner of Sixth and Locust streets. It will be constructed of sandstone, 150 100 feet in size. There will be three massive towers, one 116 feet high and two ninety feet high. It will have chimes weighing twelve tons. The main auditorium will have a gallery, the Sunday school having besides a large meeting room, fourteen individual class rooms.

It Is designed on the combination plan, the Sunday school being opened into the main lecture room, making a seating capacity of 2500. The approximate cost Is $80,000. Hundred Thousand for Acres Another largo tract lias been added to the homestte subdivisions. It has been put on the market by Althouse Bros, and consists of 120 acres In ttte San Gabriel valley at the intersection of Garneld and Hellman avenues on the Covina electric line. The consideration was $100,000.

It. is planned to lay out the greater part of the tract In quarter acre HOME IN THE FOOTHILLS Mr. Holllnger and Family Will Reside at Altadena, In Shadow of Mountains 3. C. Bralnard, through the agency of li.

M. Pratt of Los Angeles, has sold his home at Altadena to A. L. Holllnger. Tho property consists of about three acres, located between Lake avenue and Santa Ron avenue, having a frontage upon both Pine street and Pleflmont drive.

There Is on the property a bungalow of eight rooms with modern conveniences, a barn and other outbuildings. The grounds are planted to assorted fruit trees and a large variety of ornamental trees and shrubs, With the property go five shares in the Las Flores Water company. Consideration $7000. Mr. Holllnger with his wife and two children will make his home on the property.

The family has Just recently come to California from Kansas. VALUABLE MINE PROPERTY MAKES SPLENDID SHOWING VEIN OF TELURIDE CARRIE 3 RICHEST GOLD C. J. Callahan, Noted Expert, Defines Ore Belt of Consolidated Mining Company Claims In South Park District In Inyo County, Cal. The valuable roperty of the Consolidated Mining company In Inyo county, the South Park mining district, is coming through In fine style and will be one of the biggest producers in the great west.

The company finds that the white quartz in the magnesia quartz with a green coloring indicates that beneath the white quartz lies a vein of teluride. This is the richest gold-bearing ore in existence. The company has aIBO found a twelve-foot vein of quartz heavily laden with iron and lead, carrying gold and silver values averaging from $12 to $50 per ton. C. J.

Callahan, the metallurgist, who Is one of rlx eglstered at the National museum, Washington, D. defines the Consolidated Mammoth property as an ore belt from which he traces of veins of quartz extending through the Comstock, Searchlight and Gold Roads districts, running as far Bouth as Tucson. and running north through California, Nevada, Oregon and Washington Into British Columbia. Mr. Callahan estimates that development will bring forth startling results, as the ledt.es just named, which have their source In this mammoth ore belt, are exceedingly rich, feeding over sixty bullion producing mines, and it is predicted that thi contact veins of these enormous ledges In this great ore belt will contain values running into the thousands.

Los Angeles is to be congratulated that this property owned and managed by Los Angeles men of. recognized Integrity and business ability. PRINCIPAL BUILDING PERMITS Following were the leading building permits granted during the past week: Seventh street, 2646 West Charles G. Orr, 2407 West Ninth street, owner and builder: two-story eight-room residence, $3000. Alvarado street, 1046 H.

A. Edwards, 236 Byrne building, owner; Whiting Thompson, builder; two-story eight-room residence, $3650. Fifty-first street, 423 R. and J. P.

Ware, 5000 Moneta avenue, owner; Hoegerman builders; one-story five-room residence, $2300. Magnolia avenue, Board of education, Los Angeles city, owner; Robert Beyrle, builder; two-story eleven-room school house, $28,400. Avenue Fifty-five, 210 North-F. W. Hart, Avenue Sixty and Pasadena avenue, owner; Robert Rawlston, builder; two-story eight-room residence, $2750.

Arnold street, A. N. corner Bunker Hill avenue and Third street, owner and builder: two-story seven-room residence, $3700. Fourth street. 317-319 O.

L. Johnson, owner: D. Aaron, builder; two-story thirty-room store and office building, $15,000. San Julian street, 1028 H. Jevne, Los Angeles, owner: A.

Grant, builder; two-story stable, $19,000. Olive street, 831-833 Elizabeth A. Hodgkins, owner; A. L. Gubllng, builder; three-story thirty-nine-room rooming 1 house, $16,000.

Mission road, Mrs. Lottie Gerkens, 444 Commercial street, owner; E. D. Reed, builder; one-story seven-roop residence and barn, $2350. Manhattan place, B.

B. Peacock, 1921 Union avenue, owner: T. L. Wilson, builder: one and one-half -story sevenroom residence, $3576. Gramercy place, C.

Huff, 515 Citizens National bank, owner; O. Towan, builder; two-story nine-room residence, $4500. St. Andrews place, J. W.

Parker, 3030 Pico street, owner; Smith, builder; two-story eight-room residence, $3500. Gramercy place. William Kafitz, 1102 Fedora street, owner and builder; two-story, eight-room residence, $4200. Pleasant avenue, L. R.

Minor, 456 South State street, owner and builder; two-Btory ten-room residence, $2500. Romeo street, W. C. Harris, 3718 Budlong avenue, owner and builder; seven-room residence, $2500. Hill NUes Peas Investment company, 957 Hoover street, owner; C.

Leonardt. builder; eightstory furniture store; Vermont avenue. Mrs. Layng, 202 Currier building, owner; E. Kendall, builder: two-story seven-room residence: $3000.

Washington street, 1698 George W. Jordan, room 232 Douglas building, owner; F. Henslng, builder; one-story two-room Btore; $2565. Ord street. Bernardo Roselll, at lot, owner: William Myers, builder; two-story twenty-four-room flat with three store rooms; $6700.

Aliso street. Los Angeles Gas and Electric company, 645 South Hill street, owner; Union Iron works, builder; onestory gas purifying house; $4500. Forty-seventh street, 327 Z. P. Whetstine, Los Angeles, owner; E.

Rucke, builder; one-story six-room residence; $1750. Elltta place, Ella B. Shaw, 5122 Marmion way, owner; S. F. Lldamore, builder; one-story six-room residence; $2000.

Twenty-eighth street, 653 J. W. Brown, National Lumber company, owner; J. A. Watt, butlder; two-story twelve-room residence; $10,000, Larger Offices Vhe Jones Ryder company has acquired all of the space in the ground floor room at 218 Went Third street and is in possession.

Increased business necessitated the expansion LOCAL INVESTORS ARE REJOICING RICH STRIKE IN MANHATTAN GIBRALTAR PROPERTY Vein Opened Proves to Be the Same as That of Arkell's. Hindocraft. Assays Are $12.46 to the Ton That the hundreds of local stock buyers were wise In Ihlnhing Manhattan Gibraltar better tnau good has been fully proven by recent developments. While the stock has been on sale on the local market Capt. Harrison, superintendent of the mine, has been steadily engaged in tunneling, and on August 6, in the 110-foot drift, struck a vein of ore thr.t bids fair to equal anything In the Manhattan field.

Mr. Arkell, It will be remembered, sold his interest In the Hindocraft for over $2,000,000. The Hindocraft ores worked out much over $100 per ton and the ore struck In Manhattan Gibraltar, while only developed four feet, has been assayed by Fasset Mason of Manhattan. and runs $12.46 to the ton, giving reason to believe that when the main ore vein is fully developed that as a producer Manhattan Gibraltar will have few superiors in the Manhattan field Many Local Investors The stock in this mine is principally held by local people, and the big strike will bring Joy to hundreds who have staked their faith in the project. This Real Estate a ml Classified Secti stock, be it remembered, "was first placed upon the market at UM cents, and hns steadily advanced.

It Is nouneed that there will be meeting of the board next Tuesday and that after that day It Is probab in that no further stock offerings will be made. The success attained to show that It does not necessarily follow that cheap stock Is of little alue, and further that Is mother case where a few cents will grow Into dollars. It Is thj Intention to Immediately build an ore chute to the tase of the mountain and then put in i stamp mill of sufficient capacity ti hai Mile the rich ore now in sight, and all wl Dbe blocked out in a very short time. The Manhattan Olbralt ir was plotted through the Pa. aiflc Mines' bureau, and the officers the company are equally happy tth the local investors in this stock.

EAST SEVENTH IS Al Investment Purchase on I Route of New Car Line Improv aments Are Nomina W. B. Merwln Co. and William M. Garland Co.

repot rt the sale of lots 8 and 9, M. L. Wlel subdivision of the Keifer tract, to C. Brady, for the sum of $16,000. Thl is property lls situated on the south aide of East Seventh street, near Mat so street.

Improvements nominal. Property on East Sevei ith street Is In great demand at the pre sent time and owing to the railway Improvements slated for this street In the Immediate future it is generally believed that such cheap business pro jperty with a great future will double in value during the coming year. Contracts for New Homes The McCarthy compa has Just completed a fine mod crn six-room bungalow for B. L. Sawt on Sixtysixth street, near Main, and has let contracts for three other houses to be Greater Los Angeles jt.

erected on the McCartr iy company's) "You'll Own Your Home Be- fore You Know If you take advantage of our EAST PAYMENT sell you a lot. We build you a home, and you can pay for a Few Dollars Each Week in Any of Our Ten Big Tracts at Graham Station on. the Long Beach Line, 15 Minutes Out LOTS ARE NOW $100 AND UP $1 DOWN $1 WEEK NO NO TAXES ARTESIAN WATER PIPED TO EVERY LOT Every lot to an alley. We will then build you a' cozy 2, 3 orj'4-ro'om 1 COTTAGE OR BUNGALOW According to your own ideas and plans, on easy payments. CHEAPER THAN RENT Doesn't this look good to Do some thinking then.

Call at our and let's talk it over. FREE EXCURSIONS Every day. Bring this ad. with you for free tickets. Office Open Sundays 9 to 3 CONSERVATIVE RE ALTY COo, Inc.

ROOM 200 SEVERANCE BUItDING, 4Bl6. N. W. Cor. 6th and Main Sts.

2ol3 A HAPPY MEDIUM location superb And Addition No. 1. Homes for all. Many now building. Let us build one for you.

Easy rental terms. The brightest, livest, most progressive, fast- est growing property on the market today. Come see for yourself. All im- provements a realization at the not a promise for the future. Branch Office, 64th and Main Sts.

Moneta Aye. car to Main and 61st. Main office in our own building, 203 North Broadway. Home 8737; Sunset Main 1202, South 8139. South 8140..

Come early or Special appointments after hours by phone. I.