The San Francisco call., 1904-06-13
Committee Is Shortly to An
nounce Definite Plan OF
Operations to Raise Funds
SUBSCRIPTIONS COME IN
Berkeley and Alameda Real
Estate Men Make Reports
on a Number of Brisk Sales
Oakland Office San Francisco Call,
1915 Broadway, June IL.

i lOl6 bTOdQNdyB A@'
! The proposition that is now attract
| ing the greatest attention and creating
| the most interest in Oakland: is the
! suggested new hotel. The committee
of citizens that was appointed to col
| lect the funds for the new structure
has hardly got it's plans in operation
| and ii is confronted with the summer
| season when many people are away
and business is generally dull, so that
no organized work has been done. The
committee feels that it has about $780,
/ 900 in sight, though not actually sub
/ scribed.
! The plan was given new life and i'm
portance during the last week by the
| voluntary subscription OF $4,000 by
! julius Abrahamson of the firm or
Abrahamson Bros, dry goods mer-
chants. This subscription was sent by
Mr.. Abrahamson without solicitation
1t is believed that as soon as the COM
mittee begins it's work of soliciting
there will be no trouble in completing
the S750.000 required.
The people of Oakland see in this no
tel project something that will not only
attract visitors to the city, but Will
keep them here when they arrive. This
is the big argument advanced by real
estate men. One and all say that 1t
would mean the opening of larger
market for Oakland real estate if there
was a place to which wealthy visitors
could be brought and kept.
All of the cities and settlements upon
the eastern bay shore are enjoying the
same degree Of prosperity as Oakland,
despite the regular summer exodus to
mountains and seashore.
ALAMEDA, June 11.-Realty dealers
here all express themselves as beinS
well satisfied with the prevailing con-
ditions and unite in the statement that
not for twelve years has Alameda
property been appreciated as 1T now
is. Here is what some of the dealers
say concerning the local realty field:
Frank Hally Of Hally * Col have rented
the last cottage that 1 had on my list and
could rent more If they to be had. Busi-
ness with us has picked up and could
hardly expect il to be better at this season OF
the year which is usually dgll. We have sew
eTal modern cottages for sale ana expect 70
dispose OF them soon. as the demand Tor sucn
homes is always in excess of the supply
| \. r. Denke-PeoDle are just beginning to
realize the advantages OF the West End as
beautiful and convenient place Tor a home,
and particularly for those doing business in
san Francisco. Myself and others have con-
structed nine cottages on Haight avenue and
all Of them are sold, although several have not
yet been entirely finished I built six OF the
homes and disposed OF them TO persons outside
OF Alameda. / could sell OF rent two dozen
more such cottages II had them. There Is
demand now for a hve-room house that viii
rent for from $15 TO $50 month Modern
six-rocrn cottages bring from 81 so 10 $50
and they extremely scarce.
Captain j. S Hanley-Not for five years has
the real estate business been better with me
| than it is at the present Five years ago II
was hardly worth while for one to invest in
property expecting to make a proht by speeu-
| iatin~ Now it Is different and all Alameda
| property is on the increase few days ago
1 purchased lot near Encinal Park with a
frontage Of 102 feet and two days later sold
l - - Fr.r r1NF hat hld q
William Dufour of William Dufour & Co..
Building is brisk and getting better. We have
recently finished a cottage on Filth street
near Railroad avenue for Mrs. Henry Eaton.
( and have erected another on Encinal avenue,
between Willow and Walnut streets. to sell
| We have also disposed OF a S0-toot lot on
Buena Vista avenue. between sianiora ,,a,ns ana
| 70 is completing a six-room bungalow that viii
| cost when finished about $500. We are ne
/ gotiating a deal with san FRANCISCO parties
| for the building of two combined flats and
/ stores Mastic station, to cost when COM
pleted $1,000 Plans for the buildings have
| been prepared and work will be commenced as
| soon as the necessary details are perfected.
p A Randlett Of Delaney & Randett-We
| are doing more building and more expensive
building in Alameda than we have done for
long time. The residences VIC have under way
range in cost from $500 to $1,000 and are OF
| the latest stvle IF architecture. Another fea-
ture Of the local realty market recently has
been the unprecedented demand for property
frontirS on the south side beach, This has
risen In value and IL is almost impossible 10
DurChaSe any lana racing lne beaCn at TINS
tiu,e We have in course of construction a
residence Of Swiss architecture for Mr.. Mere
dith at the corner Of San Jose avenue and
Union street TO cost $1,000. We are also
building a $1,000 home for George Curtis at
the corner of St Charles street and San An
tonic avenue. and a $500 Gothic style resi-
dence for Mr.. schoonmaker on our Laurel
street tract We have completed house for
sale in the same tract and are hard at work
on the new First Congregational Church.
which is to cost nearly $4,000. We expect to
l.have the Sunday-school and the assembly,
room of the edifce readv for occupancy by
August l. We are paying out TO our Al
arneda wOrkmen more than $500 a week and
have q large force employed on b. ldtngs in
San Francisco.
Elmer F. Jnhrscr--While I have made no
large sales within the last week. have had
many inquiries from people who are casting
about for suitable sites upon which to build.
There Is very little sneculating In Alameda
prnpertv and when sale Is nnada II generally
MEANS that the purchaser IS 20 ehsfild and be-
come a permanent resident There has not
been the demand for furnished houses this
wear that we had IN former wears. and one
reason for this Is that most peonle going out
of town own their own homes and are not IN
elired TO turn them over n strangers. Those
persons who own property here are holding II
Tor stfff prices and this indicates that thev
appreciate that Alameda realty Is to be worth
he f1tu