The Realta Bttte Book ol Caklornia

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378 Tke Real,t! Btue Bool{ of Cq,Iifornia

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 Sacra-
mento's marketing center-transcontinental railways, electric lines,
highways lvith their modem trucking facilities and river transporta-
tion urequaled for volume of businessby any inland waterway in
America.
For thoseinterestedin large holdings,either for subdivisionpur-
posesor 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 perceiveinvestmentoppor-
tunities-both agdculturally and industdally-immediately before
you,
It is sufficientmerelyto suggestthat the Secramentosectionrdll
provea verJ' interestingplacefor your car€flrl investigation. Cor-res-
pondenceis invited by the Agdcultural Depar-tmentof the Sacra-
mento Chamber of Commerceand other Chambers of Commerce
throughout the Sacramentovalley who make every endeavorto safe-
guard 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€ his-
tory 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