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PART II Modern Finishing Mill Being Erected for Stone Company EIG IMPROVEMENT SOON TO BE COMPLETED IN LOS ANGELES BY THE PACIFIC CONSOLIDATED STONE COMPANY EASTERN CAPITALISTS INVEST IN BIG QUARRY Finishing Mill for the Pacific Con solidated Stone Company in Los Angeles Los Angeles has a double interest in the development of the building .stone resources of the southwest. The indus try itself would give employment to many men, provide traffic for the rail roads, and would bring much outside capital into this section of the rtate, thus promoting the prosperity of the country tributary to this city, and the use of marble and sandstone in build ing would add greatly to the beauty of the city Itself. The fact that the attention of eastern capitalists has been drawn to the mar ble and sandstone deposits in the south west, coupled with the fact that already development has shown the presence of an enormous (Quantity of high-grade building material—marble, sandstone an.] granite—suggests that in nil prob ability the production of building ma terial will become in the mar future one of the important industries of this section of tiie state. There is no doubt that marble, gran ite and sandstone exist, and there is also none respecting their high quality. The fact that very little high-grade white marble is produced in the United States will make a strong demand for material Of that kind from this state, and one may foresee extensive ship ments to all parts or the country, par ticularly when the new plant of the Pacific Consolidated Stone company in Ix.s Angeles li a reality. Viewed from the standpoint of its relation to the beauty of this city, the production of white marble upon a scale which would admit of its exten- Southern Pacific (Via Bakersfield) To the New Booming City of $7.05 There and Back Make reservations now — leave Saturday, June 4th, return Sun day p. m., June sth. TAFT In the heart of the famous Midway oil fields in Kern County, California. Buy a lot now and profit by the rise that is sure to come at once. First allotment of lots now soiling at $300 and upward on easy payments. Street work all done at sellers' expense. I have been empowered to sell only the first allotment at present prices. There wKi not be enough of these to go around, so first applicants will get first choice. Still the second allotment will be well worth the advanced prices—only, if you buy now you save the difference. Excellent chance for every enterprise and every line of business. The town is a railroad terminal, is less than a year old, has about 3000 population now and growing rap idly. Lots in the original tounsite that sold for $300 in the beginning now bring $3000. These lots ahould advance even more rapidly, as the town has already a good start. Bank, Wells-Fargo, Postofflce, big bupply houses, ex cellent hotel and bate. Lots of buildings going up. Every thing crowded. One train a day each way from Bakerstield. Write and ask me anything you like about this section. Any information cheerfully given. ESxcuraion now being arranged. Write or call. See M. LAWSON, Hotel Lankershlm, about Taft and excursion. Geo. W. Austin Exclusive Agent, 1018 Broadway, Oakland, or L. W. Jefferson, 350 Market St., San Francisco. Blve use in this city is Of direct inter- I est to everyone who appreciates the dose relation between civic beauty and prosperity, especially in a city which, ; like Los>Angeles, derives so much profit from the visits of tourists, and owes bo large a percentage of its population to the fact that It is a delightful place of residence. Large marble, granite and sandstone buildings lining the streets of the. business section would give Los ' Angeles a brightness and beauty un- : equaled in any other city in the United I States and by few places in the old world. , >- : " i*rl.J* QUARRIES OF GRKAT VALUE The question of production is chiefly one of development, for already the company operating in the Inyo district has demonstrated that the production of marble Is assured; and it is due to this fact more than to anything else that Investors have been induced to look further into the possibilities of the southwest. The production of white marble, gran ite and sandstone is an assured fact, for it is now In progress and it will be enlarged by the investment of more capital and the development of deposits not yet touched. H. L. Thornton, general manager of the Pacific Consolidated Stone compa ny, and Drew Haven Dunn, one of the directors of the company, returned the past week from an Inspection of the company's quarries at Inyo, and are conclnved that their concern, when the new finishing plant in Los Angeles Is completed, will be in position to fur nish the United States with all the marble as well as all the granite or sandstone which will be needed for all the buildings now In contemplation or which may be contemplated for hundreds Of years to come. General Manager Thornton will leave this week to Inspect a newly found de posit of California marble, which if proved to be of as great value as its discoverers say It is, will be added to the holdings of the Pacific Consolidated Stone company. •-•-» —■ | ARROWIIBAIJ HOT SPRINGS During San Hcrnardlno centennial week trolley cars will run every hour to the Springs hotel. Betty Bray Is coming to Los Angeles. LOS ANGELES HERALD: SUNDAY MORNING, MAY 22, 1010. NEW HOME SHOW PLACE ON NURMANDIE HILL F. M. Webb Will Build $15,000 Modern Residence on $7000 Lot F. M. Webb has purchased through C. M. C, Raymond, manager of the house and lot Uepartment of the Ar thur G. Kinney company, from a local investor, one of the finest residence lots in the city for which he paid $7000. The lot is 75x150 feet, and is lo cated in the west side of Ardmore ave nue, between Sixth and Seventh streets. Mr. Webb, who is a man of considerable wealth, will erect a fine residence on the lot, the Improvement to cost about $15,000. It will be one of th 2 show places of Los Angeles, and will be furnished in Circas sian walnut, mahogany, brick and oak. Other sales reported by Man ager Raymond are the following: Helen D. Harley to Frank B. Vea sey, ;i lot on the south side of Wll- Hhire boulevard, between St. Andrews place and Wilton place; 60x160 feet, bought for an Investment, considera tion $3700. Hlchard J. Huntlngton to Kdlth 1.,. Nelson, lot on the east side of Ken more avenue, between Wilshire boule vard and West Sixth street; 50x150 feet, bought for the purpose of building a One home thereon; purchase price $2600. William B. Spalding to Peter R. Ha ber ,a lot on the north side of Wil shire boulevard, east of Norton ave nuo; 50x160 feet; $3500. Isabelle J. Brown to Francis Holmes, an east front lot on Ardmore avenue, between West Sixth and Fifth street, 75x150; $6500; an investment. George W. Bacon to Florence I. Spalding, a lot 60x150 on the east side of Oxford boulevard, midway between Fifth and Sixth street; $2700. Bruce L. Dray to Peter R. Haber, a lot on the south side of Wilshire boule vard', between Wilton place and Nor ton avenue, 50x150, purchased as an Investment: $3300. Octavia F. Bridge to local investors, the northeast corner of Arapahoe and Tenth streets, 70x150. New owners are contemplating the erection of a mag nificent home on this property In a few months, in keeping with its ele gant surroundings, price $5200. Harry D. Clark to Isabelle J. Brown, a lot on the west side of Cahuenga boulevard, between Fifth and Sixth streets, 52x160, and purchased for $3100 cash. New owners are having plans perfected for a fine home to be built !n the near future. BRISK DEMAND FOR HOMES IN PLEASANT VIEW TRACT Builders Soon to Complete Erec- tion of 75 Dwellings J. Frank Bowen reparts a brisk demand for houses in his Pleasant View Terrace tract, having sold seven in the past week to the following per sons: Frank E. Ulmer, Josie M. Wal ratti, Horace N. Fish, Glen J. Jones, Henry H. Haigh, James O. Hallowell and Mrs. Sarah M. Blackburn. This mikes a total of forty-three houses sold since March 1. Mr. Bowen is a firm believer that every young man should own his own home, and intend:', to sell his houses on such easy terms that every individual earning a salary, large or small, will be able to secure (inc. He is now beginning his third bunch of twenty-five houses, four, five and six rooms each, every one of a different plan and all built by day labor and of selected material. Pleasant View Terrace Is on the Eagle Rock car line, Inside the city limits and s cent fare, with plenty of shade trees, gas, electricity and all modern Im provements. Mr. Bowen's only regret is the fact that this last bunch of houses closes out every unsold lot he owns on the tract. JURY IN PRICE-HELM CASE DISAGREES 9 TO 3 Long Beach Psychologist to Be Tried Again on Same Charge After deliberating since 4 o clock Thursday afternoon, the Jury selected to decide the case of Dr. W. R. Price of Long Beach, arrested on a charge of obtaining $2000 from Dr. Mary Jane Helm of Long Beach, was discharged from further attendance on the case yesterday by Judge Willis. The Jury had been out for forty-eight hours and stood nine for conviction and three for acquittal. Price wan accused' by Dr. Helm with making false representations concern ing the value of stock in the National Gold Dredging company, in which . he was interested. -.;•'■>•. « Price's accuser was one of his pupils In his society of New and Practical Psychology. He will be tried aitain. SIX CARLOADS OF WATER PIPE FOR WESTERN TRACTS Two larsc tracts which have just | been opened in the western section of | the city have Just been furnished with water mains by the Union Hollywood Water company. These are the Van Ness Avenue Square and Arlington Heights Boulevard, It is expected that extensive home building will soon fol low- this improvement. The Van Ncsa Avenue Square, embracing the district between Fourth, Fifth, Wilton and Norton streets, required about a mile of pipe, or three carloads, and Arling ton Heights about the same quantity, the latter taking in the territory be tween the Vineyard power house and Washington street, west of West Boulevard. The water supply for this district will bo from the big Sherman pumping plant, which furnishes Holly wood. Colegrove and the newly an nexed Wllshlre district. CALIFORNIA STONE IS BEST POR BUILDING Coast Marble and Granite Highly Regarded by Prominent Eastern Architect H. C. Brubaker, an architect from Indianapolis, is at the Van Nuys hotel. Mr. Brubaker Is in Los Angeles look ins over two buildings in this city for which he has,made plans and speci fications; and also with a view toward making an Investigation of what Southern California and adjacent ter ritory has to offer In the way of marble and other building stone. Mr. Brubaker has made plans for a ten-story building in El Paso, Tex., in which California marble and Arizona sandstone may be used. He expresses himself as being very much pleased with the samples of California marble and other building stone shown him, particularly with the latter as dis played in the new federal building. He believes that with proper ex ploitation California marble may be given a wldf use throughout the United States, particularly In that portion of the United States west of the Missis sippi river. He pronounced it equal to anything quarried in Vermont, Ten nessee, Georgia or other of the great marble producing states of the Union. Remember the Druids' picnic Surulay at Scliuetzen park. Look for( Betty Bray. PHONE I 5400 DR. L. A. LAUER, Dentist «SBH S. Main, cor. Seventh atraet. To become acquainted with yon and *a tabllah a bualneae here, I will, for a lim ited time, do the hlgheat olaaa ot dental work at half prlooe. Boar In mind that thin la no fake ana that I am no advertlaing dentlat, but that I am limply doing thla to build up a practice. Thl« la an opportunity you ahould t»k» advantage of, aa I would like to ahow you what I can do and how easily t can do It, and hnw little It will oost. For 16 yeara I enjoyed on* of th* Sneat practleea In Chicago, and my reputation among the dental profeaalon there la Al. Consult me (free), get my •atlmate on your work bafore going elsewhere. My tyatem la pamlms dentistry, and I guarantee all my work. HOI-US— 6 to 5. BTJXTJAY, t U 11. $C EXCURSION 4i» c 3 LINDSAY D On Monday evening May 23, we will have another landseekers' excursion to Lindsay, the famous, Early Orange District of Cali fornia, at which time we have a rate of $5.00 for the round trip, including sleeper. This special rate is n.ade to landseekers in order that those who have never seen the Lindsay Orange District and who are really desirous of getting hold of first-class orange land, close to town, school and churches, may have an opportunity of seeing what we have to offer at very small expense. We do not care what district you have seen or what bargains have been offered you. We feel sure we have something better for considerable less money. Lindsay is not an experiment, as there are over 10,000 acres planted to oranges, ranging in age from 1 to 18 years. These groves we can guarantee to be in perfect condition and far ahead of any other groves the same age in the state. We have several large subdivisions which we have recently put on the market in 10, 20 and 40-acre tracts, all close to Lindsay, and as we own every acre we offer for sale we are in a position to make prices and terms on this land to suit all. Now if you are interested in orange land and are in position to buy if you see something that suits you, do not delay but come in at once and arrange to go up with us on Monday evening, as we know we have what will suit you, no matter how particular /OU are D. J. WILSON LAND COMPANY, 718 DELTA BUILDING Tgomr Itoiliter. UNPARALLELED 27 Months Old— $620,937.26 Is 496 Times the $1250 Assets at Beginning Unparalleled Growth "Home Builders" Ninth Quarterly Statement Quarter Ending April 30, 1910 ASSETS LIABILITIES Balance (principal) on sale to customers.sl76,2ll.l2 For building material and Consisting of real estate sold on con- labor contracted (not due) tract, titles vested in "Home Builders" for residences under con upon which residences have been or struction and sold .5 44,,>u-.bi are being constructed. For balance assumed on real Bills and accounts receivable (secured) 118,024.63 estate bought and now re § Principally taken in settlement of sales sold on contract "I'Sio? account. " Miscellaneous accounts 4,909.bl First mortgage bonds and stock (prin- i-ncicß* clpal) 25,526.13 Total actual liabilities "•■♦ iO.blb.BJ Accrued interest'" 3,522.89 CAPITAL STOCK ACCOUNTS- Real estate (improved) 1,860.00 Common stock subscribed ....53a5,433.00 Cash on hand and with bank 5.528,134.51. Preferred sto^k subscribed.... 35,828.00 Cash—miscellaneous accounts $394,261.00 collectable on call in hands Quarterly dividend No. 9, pay of agents 4,945.61 able June 1, 1910, on all h stock paid up April 30 $ 8,943.44 Total available cash in hand and on calls 33,080.12 Surplus •■••• 146.915.99 . ICKC r a i, Balance unpaid on subscribed stock.... 261,512.37 Total surplus and undivided pr0fit5....5155,853.43 Furniture and fixtures 1,200.00 Total assets $620,937.26 Total $620,937.26 We hereby certify that the foregoing statement is correct. C (f> **\ &&-# /^^e«O Financial Secretary. President. This attested statement is proof of "HOME BUILDERS'" stability and growth. The phenomenal activities of this enterprise are likewise shown in its profit-paying proclivities. Dividends of 16 per cent on par, -which is about 9 per cent on present sell ing price of its shares, with pro rata participation in surplus and undivided profits of $1.'.5,859.43 justifies "HOME BUILDERS' " rise in price to $1.90 on June 1. These dividends are paid from interest and building profits and not from the sale of stock or the premiums on same. For a little over a week the investor may come into this enterprise on the $1.85 basis. The allotment of shares is going fast— a.i investment this is without a peer. The security back of your investment is first mortgages on improved Los Angeles real estate, situated In established sections of this fast growing city. If you have money upon which you would earn a good rate of interest, enjoy a profit from growing value of its shares, with the greatest of security surrounding your investment, buy "HOME BUILDERS" stock before the ad vance to $1.90 June 1. Horn? Builiera' Ground Floor Mason Opera House Building 129 SOUTH BROADWAY Phones 10963 Main 496 Van Ness Avenue ly I Square^^^^^^.; " Wilshire Blvd. District Homesites Mi 6 A. . 4Q* I*7 C A And The Best That ~S -^jPBgH^ ±\X JJ) X/ 3 U Up Los Angeles Affords »£gill|llli|pllpf Vevnr n _ ain will homesites In the fashionable Wilshire Boulevard District be offered for as little as $1750. This £-i high-cr a ss o mo Toying opportunity of a llfetime-a chance to double your money in less than a year. Tho WitsWre District Tone!of the most aristocratic sections of the city. Go today and see beautiful Van Nessi Ave nueJsiuarV Nearly one-half of the tract Is already sold-tho rest is going rapidly. This is a rare opportunity. '"^^X'S^r^ouiSK'^.r.y. Van Ness Avenue Square will appeal to your conservative bUSTake WeftTake^ear marked "Fourth and Gramercy," or "Melrose Avenue," and get off at Fifth street, or at Wilton Place and Fourth street for Branch Office. » The McCarthy Co. Walter G. McCarty in fh^rcVr/'Sing 82y£h P andSt s^ss n * 15941-Main 1202 Phones F2IU-Broadway 2730. 3