Los Angeles as a Rising Center of Growth and Investment
The piece extols Los Angeles as a booming city with rapid housing growth, high payrolls, and strong real estate investment returns. It cites a ten month period producing over eighty thousand dwellings, a population up a hundred percent in five years, and mortgage figures showing substantial investor gains. It notes oil prominence, port tonnage second to New York, extensive rail service, and high per capita wealth, presenting LA as a model of postwar expansion.