BULLETIN OF PROGRESS 



PUBLISHED BY 



The California Promotion Committee 



MARCH 31, 1907 



MARCH has been a month of unprecedented and unusual 

 rains in California, and reports received by The Cali- 

 fornia Promotion Committee indicate that great dam- 

 age has been done in tlie overflowed lands along the 

 Sacramento and San Joaquin rivers and their tributaries. Much 

 benefit will be derived, however, in many localities from the excess 

 of moisture. Considerable damage has been done to fruits in many 

 parts of the State. It is estimated that the apricot crop will be a 

 total failure, while prunes will suffer forty per cent loss in the 

 Santa Clara valley. Peaches will be a light crop. So far as ascer- 

 tained other fruits will be above normal in their output. 



The arrival of settlers during £he month has been large, 

 eclipsing all previous records for similar periods. It is estimated 

 that fully fifty thousand will come on the colonist rates this spring. 

 These people are settling in the agricultural districts, largely, 

 although many workmeq,in the various trades have taken advan- 

 tage of the low rates. 



Many tourist hotels are approaching completion in many of the 

 interior cities and towns, in anticipation of a heavy tourist travel. 



Building operations in San Francisco have been hampered in 

 a degree by the rains, but with the removal of the height limit on 

 Class A buildings there has come greatly increased activity. The 

 return of normal weather conditions during the last four days of 

 the month brought a rush of applications for building permits. 



Hotel accommodations have increased, as have those of rooming 

 and boarding houses. Many flats and residences have been com'^ 

 pleted, and there is a tendency toward reduction of rents. 



The following summary shows San Francisco 's Condition : 



Value of March building permits, $8,203,880." 



Adding 15% for undervaluation would bring this amount to 

 $9,434,452. 



Value of permits issued since the fire, $55,058,756. 

 Adding 15% for undervaluation would bring this amount to 

 $63,317,568. 



March real estate transfers, 880. Value, $4,100,000 



March postal receipts, $138,350. 



March customs receipts, $660,280.39. March, 1906, $696,021 36 



.,„if^^^*^^ ^^^^ clearings, $187,870,476.70. March, 1906, $185- 

 417,224.93. ' -*- > 



Los Angeles bank clearings, $52,823,097.71. 

 Oakland bank clearings, $14,265,321.20. 

 San Jose bank clearings, $2,046,338.55. 

 RELIABLE INFORMATION GIVEN ON ALL PARTS OF 

 CALIFORNIA ON APPLICATION. 



700-R C M C.E. XX. — 3 29-07 



