City Profile Sacramento California 1924 By Chris R. Jones Realtor Sacramento

  • June 2020
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able; wherethe socialand coiiperativevalueof the communityis high and in a land that is lacedand interlacedby pavedhighways. In the suburbancommunitiesof the Sacramentosectionone may own a ranch home that rn'ill producea net income equal to a good salary, enjoy all of the delights of living on a fruit rarch and still enjoy every city advantage and convenience. l}ansportation lines of every description ndiate from Sacramento's marketing center-transcontinental railways, electric lines, highways lvith their modem trucking facilities and river transportation urequaled for volume of businessby any inland waterway in America. For thoseinterestedin large holdings,either for subdivisionpurposesor farming, no sectionof the stateoffers suchopportunitiesboth in price and value. Lend is reasonablypriced and has a verT high productivevalue. If you make a t p of inspectionyou will perceiveinvestmentopportunities-both agdculturally and industdally-immediately before you, It is sufficientmerelyto suggestthat the Secramentosectionrdll provea verJ' interestingplacefor your car€flrl investigation. Cor-respondenceis invited by the Agdcultural Depar-tmentof the Sacramento Chamber of Commerceand other Chambers of Commerce throughout the Sacramentovalley who make every endeavorto safeguard the investmentof the homeseeterand render eveN aid to make ce*ain his start proves a successand not an experiment,

Long Beach A Metropolisin the Making ROWTH of Long Beachis like a story from Arabian Nights. Ihe story of the developmentof Southem California's woncledul pleasureresort is oneof the most amazingchroniclesin th€ history of this country of wonderful development.From a mere village with a populationof only 2,200in 1900,it hss lesDedin tw€nty-four years to a metropolisof 135,000souls. Du ng the sameperiod, its building permits have jumped from 9100,000a year to more than 24,000,000, while its baDk clearingshave increasedfrom 96,000,000 in 1910to $432,000,000 in 1923.'The assessed valuationhas increased from $12,000,000 in 1906 to $116,000,000in 1923; postal receipts from $115,000in 1916to $4?3,1?7in 1923. The rapid smlrth as an industrial center is shown by its 245 industries capitalizedat 918,000,000with 5,000employeesand a monthly payroll of 9750,000.In the oil industry the amourt investedis about $40,000,000 l^'ith 500 derricks and 215 producing wells. The production for 1923 was 68.810.361 barrels. All previousbuilding recordsfor Long Beachwere broken with the report for the first three months of 1924. The building record not only for March bu! for the first three months of any previous year was brokenaccordingto th€ figuresgiven out April 1st, The totat for

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