The San Francisco call., 1906-12-29

and (. Molera, trustees of the
and the real estate firm of Bovee. Toy
& CO. arranged the transfer.
The lessons of the site intend to i'm
mediately commence the erection of an
eight-story class A building, which viii
adjoin the eight-story reinforced con-
crete building now in course of con-
struction at Fourth and Market streets
There will be over 100000 square feet
OF floor space in the building. a large
part of which will be occupied by Uhl
Brothers. The firm was the first to
resume business in the Kamm build
ing, on Market street, near Third, and
have every confidence in the return OF
the center Of trade to it's former To-
cality.
WANT LIMIT ON SALOONS
Kearny street, which promises to be
the greatest retail thorouehfare in the
city, is to be limited as to the number
OF saloons if the property-owners can
so manage. 1t is reported that the
movement is meeting with the favor
Of the owners along that thoroughfare.
II is asserted that there will be no
effort spared to insure the success of
the endeavors being made in the mat
Ter In question. Fears have been ex-
pressed that Kearny street would be
invaded by saloon men, and in order to
Offset this the property-owners have
sent a petition to the Board of Police
Commissioners requesting them not TO
grant licenses for more than two sa-
looms in any one block between Market
and California streets. Many ofth prop
cr-Tx- re ad To n
saloons at all on Kearny street, but
the majority of them concede that it
would be impossible to keep them off
entirely. and therefore they have asked
the Police Commissioners to afford
them protection by refusing to grant
licenses for more than the number
named
The property-owners with the largest
holdings state that they fear that the
small lots which are naturally being
more rapidly improved than the large
holdings. would be occupied by saloons
unless some action were taken, and
that the result would be that when the
large buildings were constructed the
better class of retail merchants would
hesitate to occupy them.
There are many large buildings con-
tenplsted on Kearny street. Contracts
have already been let for several class
A structures. It is the intention of the
and to cooperate for the embellish-
ment and general improvement of
Kearny street, especially from Califor-
MIA south. The petition to the Commis
sioners was signed by the following
property-owners: NJ H de Young, the
Pacific Realty Company (the Tevis
estate). W. w Young estate, Stanton
Estate Company, Eyre Investment
Company, Nacdonough Estate Com
pany, Baldwin & Howell, Frank Mas
key Davis Investment Company, Lam
dry c. Babin, L. B. & ]. Feigenbaum,
John Rosenfeld's Sons, John T. Mer-
rill. Adams Company, Rosenbaum
Estate Company, Levi Strauss & Co.
and the Jacob Davis Estate Company.
SOUTH OF MARKET STREET
The district south of Market street
has been for the past several weeks
attracting the attention of people who
desire TO invest in real estate or wish
TO lease property for business pur-
poses
According TO men who have ac-
ouired the real estate habit" the
character of this part of the city will
be entirely changed and they expect
that it will never be again residential
quarter, that is, east of Eighth street.
The large improvements the Southern
Pacific contemplates making in the way
Of freight yards along Channel street
naturally attract the large wholesale
merchants. real estate man in dis
cussing the situation said yesterday:
There has arisen a sudden inquiry
for property south Of Market street
and along what we considered as back
and insignificant streets. These streets
were given up to small houses and
the poorest of the city's population
lived there. 1t was the district which
always gave a heavy vote and was
always looked carefully after by poll
lticians This is all 10 be changed, for
the streets in future will be the back
entrances TO large buildings. All busi-
ness men who are building on Mission
and parallel streets are seeking to buy
property which would give them an
entrance on another street so as to
have a front as well as back en-
trance. and this is the reason there is
SO much eagerness expressed for prop
ertv along such streets as Tehama,
Jessie, Natoma, Silver, Perry, Welch
and Shipley-
TWO BUSINESS CENTERs
I'm a few years all this part of town
viii be great wholesale center" con-
tinued the real estate man. There
will be two distinct wholesale business
centers in San Francisco. The most
important for many years Will be south
of Market and the next will be at
BGaCO.
he the largest for a time, but people
Who are closely watching the trend OF
afairs are confident that the North
Reach district will loom up largely.
south of Market has this advantage,
as the freight yards Of three great
-oi1roads. the Southern Pacihc, the
eanta Fe and the Western Pacihc VIII
be located close together. and SO San
rrancisco will have better distributing
faciIftfes than any city in the Union
Naturally there has been little doing
sn real estate circles during the past
--ael< This is accounted for by the
rolfdav season, and it promises TO De
,,,fet until the holiday season is en-
tfrelv over. There seems to be an IN
crease In building in nearly all parts
- the city. There is some delay IN
,eceiving supplies of glass for struc-
.,,ves and this has caused inconvenience
~ having buildings occupied
while the northern part or the city Is
looming up large and prosperous, tne
sgst-scf in the southeast is being buili
.,,s equally as rapidly. There is also
~, demand for property in the neigh
,,a,hood of South Park. and 1T is pre-
es from the inquiry that the sectlon