I. IV. No. 9. 



AUGUST 



1907 



11 Celts. |l.«e A Year 



BULLETIN OF PROGRESS 



PUBLISHED BY 



The California Promotion Committee 



JULY 31, 1907 



ALIFORNIA is in the midst of its harvest season, and 



from all parts of the State The California Promotion 



Committee is receiving splendid reports of crops and 



price conditions, showinij that the State is passing 



irough an era of unexampled prosperity. With the exception of 



runes, apricots and asparagus reports show that the output is 



cceptionally fine, with an Eastern demand that exceeds former 



jcords. Prices are very high, and even in crops which are short 



reducers will have best results. 



There is a dearth of labor in all agricultural districts, and 

 lousands of people can find immediate employment at remunera- 

 ive wages. Canneries and packing houses note great scarcity of 

 ielp, notwithstanding a high wage that is being offered. 



Railway building, both steam and electric, is progressing 

 Tapidly in many parts of, the State, many lines promising opera- 

 tion during the coming month. Wide development of the interior 

 is promised through this construction, and with it a more in- 

 tensive settlement through subdivision of large tracts into small 

 farms, for which there is great demand. 



Building operations in all parts of the State show great in- 

 •I'ease. In San Francisco conditions are rapidly improving, 

 prices of building material having returned to about normal, and 

 much outside capital coming in for investment. There is strong 

 financial sentiment, as is indicated by increased bank deposits 

 and increased bank clearings. 



The following summary for July shows California conditions : 



San Francisco building permits, $4,752,778. 



San Francisco building permits since the fire, $78,250,620. 



lios Angeles building permits, $1,245,174. 



San Diego building permits, $149,450. 



Oakland building permits, $373,085.50, 



San Francisco real estate sales, 620 ; value, $1,650,000. 



San Francisco bank clearings, $176,470,396.11. 



San Francisco bank clearings, July, 1906. $160,631,793.87. 



San Francisco bank clearings, July, 1905, $148,405,121.81. 



Los Angeles bank clearings, $46,812,383. 



Oakland bank clearings, $10,262,054. 



San Jose bank, clearings, $2,232,139.99. 



San Francisco Customs receipts, $803,085.96. 



RELIAl^LE INFORMATION GIVEN ON ALL PARTS OF 

 CALIFORNIA ON APPLICATION. 



BS3.il C M— C N F X— 7-2a-07 



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