oc-plain-dealer 1924-01-23

64 PERMITS SO FAR IN JANUARY Valuation of $160,000 Betters Santa Ana's Corresponding Figures With nearly every month that passes in the city building inspector's office, you think to yourself: "There's nothing big in sight for weeks now, and the building peak is bound to be lower." January was no exception. But with the month two thirds over, 64 permits have been issued, representing a valuation of $162,942. This is up of yesterday. At this rate the total for the 31 days, minus Sundays, New Year's day and half holidays, will be roughly $216,000. Two hundred thousand dollar months haven't been so common, even if the city has surpassed that by 30 or 35 per cent. Santa Ana's building valuation so far in 1924 amounts to only $142,865. December last showed a valuation of but $143,482 and there were only four months of 1923 that witnessed valuations exceeding $200,000. As the number of permits shows, by far the bulk of the im- Reid Helps Start C. of C. at Puente Secretary George W. Reid of the chamber of commerce was the speaker of the evening last night at Puente, when the latter organized "The Puente Chamber of Commerce of the La Puente Valley." Reid told of the advantages of chambers of commerce, the pitfalls they should avoid, etc., and detailed some of his experiences in Delano, Anaheim and elsewhere. Approximately 130 were present. The affair was held in the Ladies' club building, a large and handsome structure erected recently. PROVIDE FOR BIG FUTURE POPULATION Outfall Sewer to Look After Six Times Present Number The combined population of Anaheim, Fullerton, Orange and Santa Ana, which amounted to 50,510, according to the federal census of 1920, will amount to 120,000 25 years hence and 360,000 15 years thereafter. Pacific Telephone Predicts Gain Do That of 1923 The Pacific Telephone Co. system's consortium program for the year lime state of California, a capital outlay considered excess of the amount which heretofore been spent state in any single-year plans involve expenditures of $40,000,000, while be spent for the addition land, buildings, equipment outside plant required to the constantly increasing on the system. During it it is expected that there a net gain in the state than 110,000 stations, wi-50 per cent greater than during the year 1923, wi-turn, was considerably less than in any earlier year. A normal and expansion of the telephone co-operations is the flow of in and out of the system subscribers being added to day to day, and at the same other subscribers are discharging service. The attainment net gain, therefore, re SHELL MAY HAVE PIPE TROUBLES By Ellwood J. Munger Crack judgment should not be passed upon the Shell Co.'s Torrance well on the Keystone lease. The fact that it did not come in a gusher may be due to pipe trouble and when this is remedied the well may make a good showing. At $810 feet the Shell Keystone bailed heavy oil, some sand and water. It is believed that the liner and the oil string may have collapsed to a certain extent and allowed the water to come in. Tests to date show that the well has little gas, and altho it may not make a flowing well there is hope for a commercial producer on the pump. The California Drilling Co. led the producers of the Torrance field for production this past week. For the Black Diamond Oil Co. the California Drilling Co. completed an 860 barrel well. Geo. F. Getty's No. 8 a producer completed at 3660 feet took the second honors of the Torrance field for the week with a flow of 550 bbls. Getty completed No. 9 at $790 feet but failed to get 2 to flow. No. 13 was also completed at a little better than $790 feet and failing to flow was put or the pump. The Julian Petroleum Corp. was fortunate, it seems, in getting its No. 6 to make a commercial producer. Julian 6 is the most southeastern well in the field, being further on the south line than the Federal Drilling Co.'s Gerner well. Julian 6 has been on the pump for several days and has made as much as 350 barrels. Julian 1, formerly called the Splitzoser, failed to perform at $370 and will be drilled deeper for deep test purposes. The next big producer for the Torrance field is scheduled for the discovery company, the Chansler-Canfield Midway, on the Kettler property. Kettler No. 2 has been DUCER, Julian 6 is the most south-easterly well in the rief, being further on the south line than the Federal Drilling Co.'s Gerner well. Julian 6 has been on the pump for several days and has made as much as 350 barrels. Julian 1, formerly called the Spitzdoser, failed to perform at $370 and will be drilled deeper for deep test purposes. The next big producer for the Torrance field is scheduled for the discovery company, the Chansler-Canfield Midway, on the Kettler property. Kettler No. 2 has been completed at 2780 and has all the earmarks of duplicating Kettler No. 1, one of the best producers in the field today. Deep drilling on the northwest side of the field and also on the southeast section of the Torrance-Redondo district has not met with any success. The Standard Oil Co. has passed the 5200 mark on the Felkner well, and the Union Oil Co. is down over 5400 feet on the Weston well and neither have found any oil indications worth considering. MAKE FIRST POLE Anaheim Metal Works has completed first of the 40 metal light posts for the city park. The post is similar to the fluted posts in the downtown district, except that it is hexagonal. It is a very ornate job and a credit to the local industry. About six poles can be turned out in the semi-weekly "heat." FOR STIFF JOINTS Pharmacists say that when all other so-called remedies fail their base will succeed. For joint aliments only—whether you are advised to eat for sore, painful, inflamed, traumatic joints. Joint-Ease limbers up the joints—is clean and stainless and quick results are assured—Sixty cents a tube at Heying's Pharmacy and druggists everywhere. STOCKS CLOSE STEADY NEW YORK, Jan. 23—The stock market closed steady today. A few specialties had wide movements but generally the list held within fractional range with the tendency a forward one. Steel common improved % to 100% and similar gains were made in other steels. Corn Products sold up 5 points to 174%; Industrial Alcohol % to 74%; American Sugar 1% to 56%; Consolidated Gas 2 points to 65% and Mack Truck 1% to 85. Davison Chemical fell back two points to 63% and General Electric 2 points to 212%. Ralls were moderately higher with the exception of Lehigh which dropped 1½ to 69%. Oils held steady. Government bonds unchanged; railway and other bonds steady. Stock sales today 977,600 shares: bonds $13,222,000. CORN STRONG: WHEAT DULL CHICAGO, Jan. 23—Continued scarcity of country offerings was reflected in corn's strength, which was shared by oats at the close today. Wheat was dull in sympathy with export business. Wheat closed ½ to ½ higher. Provisions were unchanged to lower. BANK CLEARINGS San Francisco, $28,700,000. Seattle, $6,683,455. Portland, $6,921,500. Oakland, $2,137,000. Here's Anaheim C. of C Bringing Anaheim's core statistics down to date. Seven George W. Reid of the chain Commerce made some of public today, as follows: Citrus fruit shipped, 192ue $2,750,000. Walnuts shipped, 1225,$271,000. Crystal Chemical Co., 1923.$456,500. Meat packing (Anaheim). 110,000 NEW STATIONS IN 1924 Pacific Telephone Co. Predicts Gain Double That of 1923 The Pacific Telephone & Telegraph Co. system's construction program for the year 1924, in the state of California, involves capital outlay considerably in excess of the amount which has ever before been spent in this state in any single year. The plans involve expenditures in excess of $40,000,000, which will be spent for the additions to land, buildings, equipment and outside plant required to care for the constantly increasing demands on the system. During the year it is expected that there will be not gain in the state of more than 110,000 stations, which is 50 per cent greater than gains during the year 1923, which, in turn, was considerably greater than in any earlier year. A normal and expensive feature of the telephone company's operations is the flow of stations and out of the system; now subscribers are being added from day to day, and at the same time other subscribers are discontinuing service. The attainment of a net gain, therefore, represents a significant improvement and a substantial increase in value of this growing munity of already over 3000 population. $10,000,000 Power Plant at Seal Beach Plans for a $10,000,000 power plant at Seal Beach, announced by the Los Angeles Gas and Electric Corp., thrust its suit, A. B. Day, will mean the making of that community in the opinion of local realtors. An E-scree tract on the east side of Alamitos bay inlet has been obtained for the purpose at a cost of $200,000. "RESTRICTIONS MAKE VALUES" That proper restrictions are a great factor in the enhancement of real estate values is an established and proven fact," declares B. H. Sidnam of the Sidnam Realty Co., "and numerous examples of the benefits of wise restrictions may be found in our own city of Anaheim. That unrestricted residence subdivision will sell cannot be disputed; the future values of such unrestricted property, however, except in rare instances and under exceptional conditions, cannot offer much hope of a reasonable increase. "I have in mind a certain residence tract here that was marketed some two years ago. Moderate but ample building restrictions were placed on the property, insuring a good class of homes and owners. Lots that were sold at around $1600 at that time have since resold at from $2500 to $3500, a handsome profit for the fortunate and shrewd buyers. On the other hand, another tract subdivided and marketed at the same time, with almost the same conditions, possibilities and location, was placed on the market without adequate restrictions. The price restrictions were almost identical with the first installment." A normal and expensive feature of the telephone company's operations is the flow of stations and out of the system; now subscribers are being added from day to day, and at the same time other subscribers are discontinuing service. The attainment of a net gain, therefore, represents connecting and disconnecting operations involving five stations for every one that is included in the net increase. A heavy growth is expected, not only in the urban sections, but throughout the state as a whole. Land must be purchased in which to erect the buildings required to house the central office equipment and the working spaces, and building projects, other new buildings or additions to existing structures, are planned for many of the company's exchanges throughout the state. The plans for central office equipment require an expenditure of upwards of $8,400,000, and approximately the same amount is included in major projects, including the underground conduit, underground cable, aerial cable, poles, wire, etc., required for connecting the subscribers' stations with the central offices. The aggregate of minor additions, no single one of which is sufficient size to be regarded as a major project, will require a outlay of approximately $9,000,000. The provision of land, buildings, central office equipment and exchange lines must be supplemented by additional facilities in the toll lines, for communication between the different cities. The 1924 program includes provision for addition to a toll lines costing $2,500,000. The heavy outlays to be met in the current year in the state are required to place the telephone company in a position to meet its obligations to furnish a comprehensive and adequate service, and the continuing development and growth of the state necessary projects of greater magnitude than have ever before been undertaken. BUILDING PERMITS A. C. Very, frame residence at 100 N. Vine st., cost $8500. Long Beach, $1,674,660. San Diego, $608,225. Los Angeles, $23,522,511. LOS ANGELES PRODUCE ..... LOS ANGELES, Jun. 23.—Butler 50. Eggs Extra 40; case hunt 35; pullets 36. Poultry; ins 24; broilers 37; fryers 35. LOS ANGELES POTATOES..... AND—Over three-quarter million dollars ready invested in churches, schools, business residences. This fact alone is substantial of the confidence the people now have future increase in value of this growing munity of already over 3000 population. OPPORTUNITY LOTS. Think of there is over two million dollars annually into this thriving community from of walnuts, oranges, lemons, beans, chili pimientos, eggs, chickens and many others of revenue too numerous to mention. The price of Opportunity Lots is only and up. You cannot afford to gamble with your earned money. OPPORTUNITY LOTS ARE NOT A GAMBLE Because the price is not inflated and the in value is insured by the fact that over quarter million dollars has been invested last two years in churches, schools, business residences and over two million dollars usually pouring into this prosperous community. Isn't this enough to insure a steady increase value of Opportunity Lots? ONLY $399 AND UP Buy Opportunity Lots to your limit, as the Leaving Long Beach for Opportunity Lots ster, then turn north on Huntington Be arrows to tract. Salesmen on tract. GARRESTO Bringing Anaheim's economic statistics down to date, Secretary George W. Reid of the chamber of commerce made some of them public today, as follows: Citrus fruit shipped, 1923, val- $2,750,000. Walnuts shipped, 1923, value $71,000. Crystal Chemical Co. output, 23. $458,500. Meat packing, (Anaheim Beef Co.). 1923, $1,000,000. Bank deposits, $6,802,140. Building permits, $2,269,277; population, 12,500. Assessed valuation of Anaheim, $9,085,995. Area of city, 3½ square miles. No delinquent taxes for eight years ending in 1923. Taxes collected in 1923 total $125,000, of which only $900 was delinquent. Leaving Long Beach for Opportunity Lester, then turn north on Huntington Beach arrows to tract. Salesmen on tract. GARRESTON Phone 638-263 351 East W. L. MORRIS 123 NO. LOS ANGELES MITCHELL—HENNESO OUR AUTOMOBILES ARE LEAVING OUR OLD ONLY 15 MILES CLL And send it in without a tion regarding Opportunities Name Address BUY portunity Lots IN arden Grove WHY? $399.00 AND UP quarter million dollars al-arches, schools, business and alone is substantial evidence the people now have in the value of this growing com-ver 3000 population and of only 40 residential and business lots in this tract to be sold. There are over 500,000 people in Southern California that are buying lots every day for homes and speculation. This opportunity may never be presented to you again. Remember there are only 40 Opportunity Lots to quarter million dollars alorches, schools, business and alone is substantial evidence the people now have in the value of this growing comver 3000 population and of LOTS. Think of this— million dollars annually pourcommunity from the sale emons, beans, chili peppers, kens and many other sources rous to mention. Opportunity Lots is only $399 to gamble with your hard- NITY LOTS ARE A GAMBLE not inflated and the increase by the fact that over threeers has been invested in the archs, schools, business and two million dollars are anthis prosperous community. insure a steady increase in Lots? $399 AND UP to your limit, as there are only 40 residential and business lots in this tract to be sold. There are over 500,000 people in Southern California that are buying lots every day for homes and speculation. This opportunity may never be presented to you again. Remember, there are only 40 Opportunity Lots to be sold in Ward's Addition to Garden Grove. Ask yourself an honest question. Can you afford to miss a chance to buy an Opportunity Lot where the increase in value is insured by over three-quarter million dollars already invested? We purchased this beautiful, small tract of land at a bargain price and you now have an oppotunity, if you act promptly, to share with us in the increase in value of OPPORTUNITY LOTS. Do not put off buying your Opportunity Lot today. Tomorrow may be too late. The price of our lots is so remarkably low that we cannot afford to furnish dinners or high priced lecturers, and if you want an Opportunity Lot call at our office, 351 East Broadway, or phone 638-263, and we will call for you. This is a real opportunity to buy a lot where the price is not inflated and should double in value in the next twelve months. Remember, the price is $399 and up. Small cash payments, terms on the balance. for Opportunity Lots, Garden Grove, go to Seal Beach, thence to Westminton Huntington Beach Road to Ocean Ave.; then follow Opportunity Lot resmen on tract. RESTON & DE RACKIN 351 East Broadway Long Beach, Calif. ANAHEIM AGENT V. L. MORRIS REALTY CO. 23 NO. LOS ANGELES ST.—PHONE 498 CHELL—HENION—GARDEN GROVE AGENTS ARE LEAVING OUR OFFICE EVERY DAY—MAKE YOUR RESERVATION RIGHT NOW ONLY 15 MINUTES FROM ANAHEIM CLIP THIS COUPON send it in without any obligation, if you desire more informaregarding Opportunity Lots. Address ...