The San Francisco call., 1904-03-28
RAIN AFFECTS
REALTY MARKET
Dealers Report Business
Light in Consequence of
Continued Bad Weather
TWO IMPORTANT SALES
Coleman Property on Tele-
graph Avenue SOld-New
Owners fOrSuburban Tract
Oakland Office San Francisco Call,
Ills Broadway, March q.

Ills broadway MdECn 80
The unpleasant weather Of the last
week has caused a slight depression IN
the local real estate market, nearly all
of the dealers reporting few actual
transfers of property, but many m
quiries, and they are confident that as
soon as the weather clears up there Will
be a record breaking sale OF property
of all descriptions. Values remain nrm
and rents in many parts OF the CITY
show a slight upward tendency IN the
business district few stores Of any KIND
are TO be had at any price, and loca-
tions in business blocks now in course
Of construction are all taken up.
The most important transaction or
the week. and one Of the most i'm
portant of the present year, was the
purchase of the vacant block or Iand
between Telegraph avenue and Grove
street and Thirtieth and Thirty-f1rst
streets, 1880 feet front in all, by A. j.
Snyder from the heirs of the Coleman
estate. This is one of the choicest
pieces Of residence property in the city /.
and IT will be at once subdivided int
suitable building lots. Mr.. Snyder IN
tends to commence the erection of sew
eral handsome houses at once. The pur-
chase price is in the neighborhOod OF
/ $50, ,O00
Another important transaction was
the sale by Wiseman. HOlcomb &
Yonng to d. P. burst of Wheatland OF
sixty acres of fine suburban property,
I located on the Redwood road. near
/ School street, in Fruitvale. The sale
/ was made on behalf Of Messrs. Price,
| Belcher and Smith. and the considera-
tion is understood to be about $4,000.
/ The tract will be subdivided for sub
/ urban residence lots
HOMES BEING BUILT.
i Many homes are being built in the
vicinity of Fruitvale and Elmhurst and
/ it is expected that as soon as the rainy
/ weather is over many more viii be
/ started Twenty-Five contracts have
/ been let for homes to be erected on the
/ Sather tract and work will be begun
| as soon as weather conditions permit
/ The Elmhurst Improvement Club is en-,
deavoring to induce the Board Of Su-
pervisOrs to improve the condition Of
Jones avenue. but no action has yet
been taken by the board. The club will
hold a meeting next Thursday to ar
! range for a Fourth of July celebration
to take place at Elmhurst.
The Alameda Advancement AssOcia-
ton is working with the ladies Of the
/ civic section Of the Adelphian Club for
/ an observance of ArbOr day on April
/ Is and the directors have agreed to
1 contribute to the fund which is being
raised TO secure palms and shrubs for
/ the new high school grounds
The 500 mark in the membership O
! the Oakland Board Of Trade we
passed yesterday. when. at a speci;
meeting of the board Of directors.
/ applicants were elected to membershi
/ in the organization. the 500th name Z,
/ be added to the list being that OF Depu-
ty City Treasurer George Gross. Since
the recent Board of Trade excursion TO
Los Angeles 14S new members have
e
board will soon move to its new quar-
ters in the Masonic Temple, the change
| being made necessary by the sale OF
the Y NJ. c. A. building. where the
present headquarters are located.
Frank j. Woodward, president OF the
Oakland Real Estate Association. re-
| Gently returned from a trip to Los An
Geles and in comparing that city WITH
Oakland Mr.. Woodward said:
CITY TAKES STRIDES.
Oakland is now going ahead with
great strides, and while Los Angeles
shows evidence of the great enterprise
of its citizens. Oakland, owing to its
more favorable location and its great
natural advantages. will not .nong b.
behind the southern city. With the
| concerted movement now being mad
for public improvements, this city wi
soon Overtake and will eventually b
ahead OF Los Angeles. both as a COM
mercial and as a residence city"
/ The citizens of Contra Costa County
are fully alive to the great advantages
OF Oakland asa commercial center, and
are thoroughly in accord with the citi-
zens of Alameda County regarding the
improvement of the eastern shore OF
the bay. The Martinez Daily Press. in
a recent issue, prints the following edi-
tOrial:
Not long ago a party OF Oakland merchant.
| visited the southland. and the results thereo
| are now evident in the Bay city In the forna
tion OF a Boosters - Club to further the de-
velopment OF Oakland in every way to hold un
the hands OF the Mayor and Council in their
I enceavor to improve the city and. last but rot
/ least, TO do away with ''knOckers.'
Oakland has great future. That is insured
by its position on the bay and its productive
hinterland. The Boosters - Club viii how
ever. hurry that DEVELOPMENT. Oakland rss
all the gifts OF nature that Los Angeles %
sesses. ana more. and its advance will be r-
phenomenal The growth OF Oakland p
nothing but good to Contra Costa County
One By one all our old beliefs a e.