SKYSCRAPERS RISE along the borders of Hancock Park and modern structures constrict the 

 old rancho as progress hits a new stride in 1935. Oil derricks have vanished from the tract ad- 

 joining Hancock Park in the center of the picture above. Carthay Circle is seen in the left fore- 

 ground. Pictures on the opposite page were taken in 1931. The upper looks southwestward 

 from the heart of Hollywood to the shoreline of Santa Monica Bay, while the lower points east- 

 ward from Beverly Hills across Hollywood to Los Angeles. The Los Angeles City Hall may be 

 seen in the dim distance. 



