BULLETIN OF PROGRESS 



PUBLISHED BY 



iThe California Promotion Committee 



FEBRUARY 28, 1907 



FROM all parts of California reports reach The California 

 Promotion Committee of great activity in all industries, 

 together with a remarkable increase of population. 

 Bounteous rains all over the State have given assurance of 

 enormous crops of all kinds, and no adverse circumstances have 

 presaged a shortage in any fruit. 



In railroad building, especially of electric lines, there has been 

 The greatest activity, and new localities are being opened to traffic 

 with a rapidity that insures great development during the coming 

 year. 



From many localities in the San Joaquin and Sacramento val- 

 leys come reports of subdivision of large tracts of land which have 

 heretofore been held in single ownership. These bodies of land will 

 be put on the market in ten, twenty and forty acre farms, thus 

 permitting the rapid settlement of some of the most fertile land in 

 the State. 



Reports from all parts of the East, Middle West and Europe, 

 from many sources indicate the greatest interest in California that 

 has ever been shown by the agricultural element of those 

 localities. From these reports it is estimated that fully two hun- 

 dred thousajid people will come to California to make their homes 

 during 1907. 



In San Francisco reconstruction and rehabilitation work has 

 been progressing in a most satisfactory manner. Real estate values 

 have been maintained in all parts of the city, and in many localities 

 liave been increased, with active demand. 



The following summary shows San Francisco's condition: 



February building permits issued, 659; value $7,233,010. 



Adding 15 per cent for undervaluation would bring this amount 

 to .^8,317,961. 



Total permits issued since the fire, 8,393 ; value $46,854,876. 



Adding 15 per cent for undervaluation would bring this amount 

 to $53,883,107. 



February real estate transfers, 800; value $4,400,000. 



February postal receipts, $142,142. 



February customs receipts, $847,719.34 ; February, 1906, $777,- 

 736.85. 



February bank clearings, $194,294,366.93; February, 1906, 

 $156,271,911.56. 



Los Angeles bank clearings, $53,195,399.84. 



Oakland bank clearings, $15,753,646.15. 



San Jose bank clearings, $2,384,502.60. 



RELIABLE INFORMATION GIVEN ON ALL PARTS OF 

 CALIFORNIA ON APPLICATION, 



972-R C M— C.E. XX.— 3-2-07 



