The San Francisco call., 1904-08-15
DEALERS FAVOR
THE BOND ISSUE
Real Estate Men of Ala
media County Want the
Oakland Improvements
MEETINGS ARE PLANNED
Many Small Homes Being
Built Upon Installment
Plan = Auction Sales
Oakland Office San Francisco Call


1016 Broadway, Aug. IA.
The organized effort being made to
'ooost the proposed issue Of improve
ment bonds is causing a boom in Oak
land real estate and every dealer in
this city is trying to make a success of
the bonds. The first gun of the cam
paign for bonds VIII be fired next Tues
day evening at the quarterly meeting
OF the Oakland Board of Trade, at
which the issue will be publicly dis
cussed. Among the speakers who will
ADDRESS the meeting are: Councilman
John l.. Howard, Mayor Warren Olney,
d. Edward Collins, Councilman George
w. Dornin and others. Colonel John
+. Irish has also been invited to deliver
an address.
The meeting is to be held in the as
sembly hall of the Masonic Temple and
an invitation has been extended to the
officers of all the local improvement or
ganizations to attend the meeting and
take part in the discussion. Other
meetings of the same character will be
arranged later.
There is no doubt that if the bonds
carry the effect on the local real estate
market will be felt Immediately; in fact
the proposal of the issue has already
increased the value of property in some
portions of the city, for the victory of
the school bonds leads property owners
to believe that the Improvement bonds
will also carry
With the approach of winter the real
estate market, which has been com
paratively quiet during the vacation
season, has begun to resume activity.
Dealers in Alameda County are receiv-
ing many inquiries regarding business
and residence property, a large num-
Der of which come from people in the
Eastern States. William J. Laymance
says that he has lately handled busi-
ness for clients in Russia, England,
France. New York, Massachusetts, and
Ohio.
A. F. Cornwall, secretary of the E. P.
Vandercook Company, says:
Business has been rather quiet during the
past two months, but indications now point
to a revival, and / believe that during the
coming fall and winter real estate men will
have all the business they attend to- One
of the reasons that the present summer has
been dull Is tnat during the past two years
ments and are just completing the payments
on their property. Those who have paid for
their lots are now preparing to erect homes,
while others are beginning 10 buy more prop
erty. Altogether the outlook for the next
three months, both for the sale of property
and for building operations, is Of the best
The Realty, Bonds and Finance Com
pany has just opened another tract in
North Oakland. and Saturday, August
20, sixty residence lots will be sold at
auction. The sale will take place on
the ground at Fifty-first street and
Telegraph avenue. F. j. Woodward of
the Realty, Bonds and Finance Com
pany yesterday said:
The opportunity to-day to make money in
real estate is in the district called Cen
trail Oakland, lying between Broadway the
east, the bay the west Thirty sixth street
on the south and the Berkeley line on the
north. This district, owing to its inaccessibility
in the past, has not been built up, but now
with the increased and excellent car service
furnished by the Oakland Transit Company S
lines and the new Key route ferry to San
Francisco it Is experiencing boom such as
never before in its history. New homes are
constantly being built and the value of the
land by rea son theranf Is cnnztantlY advancing