The San Francisco call., 1905-02-06
POLITICS MAKES
BUSINESS Dull
Primary Election and Heavy
Rains Cause a Depression
i'm the Real Estate Market
BUILDING RECORD GOOD
Seventy-Eight New Houses,
Flats and Stores Erected
i'm Oakland i'm a Month
BUILDING RECORD GOOD
Oakland once. San Francisco Cali.


tinued rains have caused lull In the
local real estate market during the last
week, although several dealers report
an increase in the inquiry for small
improved residence property. A large
percentage of those making inquiries
for residence property are prepared 10
pay cash for suitable locations ana
wish to purchase as quickly as pos
sible. These conditions indicate that
the early summer market will be un-
usually brisk.
The demand for small houses and
centrally located fats for rent exceeds
the supply. despite the large number
of buildings of this class which were
erected last year. Prospective renters,
many of whom are residents of san
Francisco. are not condnlng their
search to Oakland, but are seeking
houses on the lines of the street rail-
ways in Berkeley, Alameda and Fruit
vale. In 1904 nearly one hundred
small houses and cottages were erected
in the Sather district. just east OF
Fruitvale station, and nearly all OF
these have been sold or rented.
TO OPEN TRACT.
A company has been incorporated
with a capital stock of 100000, its
purpose being to open up several large
tracts IN the Claremont district.
Forty thousand dollars of the capital
stock has already been subscribed by
the following directors of the new
company:
]. H Spring of Fruitvale. $1,000; Wick
ham Havens OF Oakland $10, 600; Duncan Nc
Dufhe of Oakland. $500; Louis Titus of Berke-
$780,
The records of the sanitary inspec-
tors Office show that seventy-eight
new buildings were erected within the
city limits of Oakland during the
month of January, fifty-eight of these
being single dwellings, seventeen flats
and three stores. AS the first month
of the year is generally very dull in
building circles, this record is satisfac-
tory to those interested in the growth
of the city. Sanitary Inspector Stew
art Gemmel says that from what he
has recently learned of the plans of a
number of the leading contractors and
builders of Oakland for the present
year that fully 1900 new buildings will
be erected in this city during the next
twelve months.
William J. Laymance of the Lay
nance Real Estate Company is con-
fident that 1905 will break all the rec
ords of previous years as regards the
sale of Oakland real estate. Mr.. Lay
nance said to-day:
We have now more than 100000 worth of
miscellaneous sales under contract, approved
by sellers and purchasers, who are awaiting
rha rtr1uf %4rrrr.1
bad weather has had depressing effect on
the market during the last week, but from
the number OF inquiries received by us IN
January / feel safe in predicting a splendid
spring and summer market
BUSINESS BLOCK SALES.
The E. P. vandercook Company has
recently closed a contract for the sale
Of a large centrally located business
block, and they are also offering a
number Of excellent residence proper
ties In various parts Of the city. AS
with other firms, business has been
quiet with the Vandercook Company
during the week.
Holcomb, Breed & Bancroft have
found q ready market for residence
property located on the lines of the
Key Route ferry system In North Oak
land. They are now offering a large
II
in that district.
Taylor Brothers & Co. report lull
in business last week Too much
politics and rain. They have just Of
fered for sale several excellent busi-
ness properties close to the center of
the city.
Albert S. Day, formerly with Hol-
comb. Breed & Bancroft, has recently
gone into business for himself. His Of
fees are located in the Central Bank
building, and he has just obtained con-
tracts for the sale of some fine resi-
dence property in Piedmont and North
Oakland.
j. Tyrel will soon remove to his new
offices at 1910 Broadway.
REGENTS LET CONTRACT.
The regents of the University Of
California have awarded the contract
for the plumbing and water system in
the new California building on the uni
versity grounds to William F. Wilson
& Co. The cost of the work win
be $685.
Francis Ferrier of Berkeley reports
a quiet week on account Of the bad
weather.
Hammond & Hammond of Ala
media have just placed on the market
number of excellently located unim-
proved residence lots situated close to
the street car lines
A. R. Denke of Alameda has recently
secured a contract for the sale of a
tract of land on San Jose avenue.
II. A. Pleitner of Fruitvale SAYS that
the past week has been quiet as far
as actual business is concerned. but
that there has been a decided increase
in the direct inquiries for advertised
property. Mr. Pleitner has secured the
handling of some of the best property
in the eastern suburb and predicts an
active spring and summer market.
Henry Barkmeyer of Fruitvale is Of
fering a number of fine cottages and
villas located close to the car lines and
school.
Steel and Wire Prices Advanced.
PITTSBURG. Dec. 5.-The Ameri-
can Steel and Wire Company at