HOW TEE MAGIC CITY OF THE WOULD IS GROWING.

Ashburton Guardian, Volume VII, Issue 1767, 15 February 1888, Page 3

HOW TEE MAGIC CITY OF THE WOULD IS GROWING.

FCTURB PHOBPBwTd OF LOS . AM*BSI»SB. While there is not a person residing m the oi-y o* Los Angeles who does riot; know torn thing of the of th* place inude the last f«w v«-*rr, j^tfov? have ?iventb<v mutter sufficient attention to k* our or acquaint them>elveM w th the eoonnpusaeu of th* progress the city itt making bo v. liveyb dy kaows th .t t' c city is building up At a fup> r te, and th*t T6»t ealatt- irt-in Htmnd m every por«ion of the city, bat ?ew .._ have.. jes^Ljavjan^ appjToiia.ated from a reHattle source the number of buildinge m the comae of erecton ■ In this refMni, during a conservation with a Tt-poiter, Judge D. P Hatch t-ta T ed tt.at he was much «Bto> ish- d at the tactadd need by a re iable young gent'emin who about tis wttks ago started o it to thorough y mvesttg-te the buil ii g t oonr and d scover what found&ticn there w** for the co' tii ual call for tnech nics of that trade m this o ty. having un united time at Ij?s dihposul, and a good hon^e an buggy, this young gent etna has si.cc that dty devoted n;moßt his whole time to the investigation, and tde resnlts were mch as to de< ide him at once that th< real estate business was by no mf-ans overcro«d^d a< <3 he therefore took aoffice, aid hai commenced to handle Los Angelop dir» with a well found dprot-peet of tnakinp much coin by it. . : In he fi-et pi -«oo b»» no i ed thit froni tb© wmdow of his r«om on Fort utr'et. ani q<iite a limi ed view at thtt, he could count twer.tj-BX buildicgH m 1h« o ur^e of erec'ion Then taking the Cour bou^ to a centre point he t'arted oat m a rnw direction every day, until be had covert d every foot of land ins;de the limits of he city aud then adding together the result of the figures he had noted down, he gave the folio * ng total : — There were 1400 nowea for which the contracts had been let and the bo Id ngs wtr« thoD m the course of conßtruotion Uf this number ra'i er more than a fair proportion a r e luildings of* th 3 bttter cUsb at d decirle^ly entitled to enter undtr th© head of peiman lit ibnprrvemf;n'B There wece coi.tact* let and guirantes given on hoth tides, but m the^e cax^s the builriingß were not commenced, for a number of building which when co •• pleted will consst collectively of 1200> r onißi This estimate not include eith r of the mnvmo h hotels wliioti a-e to be contracted for m all probability dvri"g ihe mo"th of November, neith r does it include any buildings except thc>s io which part uf the money haa been p*id to the contractors or bondß given. Abootn'X weekaego the enurra -v* sunn of 65,000 OOOdol «raa to have been pad ioniditba next three mouths for real estate, and of this turn In the *lx weeks which have expired from the time th? 6<area v>er<Kiftn, A iittie Over 10,(00 o>'o do'lara h«« beeu paid over. Y-t with all this money put m circulation, the bauha of this ciy have m their vaul'B tnbj o^ to check rather more aotoal o>sh thftn they h^d bjx weekt »go. Io addition to this, he discovered from perfectly sound Bud rel'ab'p authority, that there are reiidents of 'hip oW wt>" have In Eastern banks over 19,003.000 10l bu! j j ot to their eight drat or oheck, which is nearly equal to the pmountß kept m our city batiks Bubjaoi to cheek. This completed the observations ft< m thttt sou a*, tn\ to still further show th»> the fti'ure prnspecto for l.oa -rgdeß are fully as bright or trliehter than iv the past it has been »sc<-r<ained from th<> (.ffioial records of the Atohison, Topekt. and Santa ¥4 Railway that it is now bringing nrw country Into settlement.