The San Francisco call., 1906-08-20
OAKLAND BUSINESS
REALTY ACTIVE.
Strong Demand Causes
an Advance in Prices
in Several Sections
MANY TRANSFERS

O<ALN LAM aug 4S.-N0dIly OOV
deeds recorded in a single week give
ample proof Of the activity of Oakland
real estate, and even with this large
number OF transfers of property deal
ers are complaining that they are un-
able to meet the demands of investors
for Oakland, Alameda and Berkeley
real estate. This demand is not con-
fined to any particular class. residence,
business and investment property find
ing equal favor with prospective pur-
chasers.
Within the last week the real estate
dealers of Alameda have followed the
example of Oakland and Berkeley deal
ers and have organized an association,
which is to be known as the Alameda
Real Estate Exchange. The object of
tn organization is to advance the inter-
ests of the Island City and to pro-
mote harmony and unity OF action
among real estate dealers of Alameda
The new association was organized
on Friday evening, August II, at a
meeting of real estate brokers held in
the office Of Justice of the Peace Gone,
and after a brief discussion Of the
purposes Of such a body the organiza
ton was made permanent by the cleo
tion Of the foIIowing. officers: Prest-
dent, William Hammond Jf.: vice presi-
dent. i. w. McGlaufiin; secretary, Ed
ward n Shaw; treasurer. J. 5. nanley.
A committee was appointed to draw
up and submit to the organization a
set Of bylaws for the guidance of the
exchange, and these, it is expected,
will be submitted for the approval of
the members at the next meeting. The
members. OF the new association are:
Charles NJ. Adams & Co, the II. r.
Alton Company, the Alameda Land
Company, Haily & Co., Hammond q
Hammond, J. S. HanIey, the Z. ]. Judd
Company, Lewis & Shaw, L. W. Nc
Gla,uffin and H. G. Mehrtens.
Real estate values in Oakland, es-
pecially business property and land
along the lines of the railways and on
the water front Of the city, are stead
lily on the increase, and In some cases
the values of property in the CONNER
cfal districts have advanced 80 per cent
in the last year. Investors are taking
advantage of the fact that the value Of
property in Oakland is becoming
greater with each passing month, and
many are now seeking TO buy without
delay.
One of the largest transfers of the
last week was the purchase of thirty
acres of water front property by the
Alaska Packers Association from the
Oakland Water Front Company The
property purchased is to be the site
Of the principal headquarters of the
company and this means that the enor-
nous business of the Alaska Packers
will be located on the Oakland water
front.
Another Improvement on the Ala
media side OF the estuary is the erec-
ton of two large corrugated iron ware
houses by the Gorham Rubber Com
pany of San Francisco, OF which Mayor
William J. Gorhan of Alameda is the
head. The new warehouses are located
on the west side of Webster street.
opposite the plant of the United En-
eineering Works.
The largest transfer of Oakland real
estate in the last week was the sale
of the four-story brick building at the
northwest corner of Ninth and Wash
ington streets by the Fireman's Fund
Insurance Company to George Roeth
of this city. The price paid for the
property by the purchaser was s110,-
600. The lot on which the building
stands is so by 100 feet.
Another large manufacturing COM
pany Will begin operations in Emery
VILE the first of next week. This is
the Rothschild & Haydenfeldt Jeweiry
Company, which has erected large
factory at San Pablo avenue and Thir-
ty-eighth street, which will employ
about 100 men,
The newly organized Citizens Bank
of Fruitvale has secured permanent
quarters in the handsome Wetherbee
/ block, at the corner of Fruitvale ave-
nue. and East Fourteenth street. The
directors of the bank leased the off1ce
for a trem of twenty years.
Gladding, McBean & CO., one or the
| largest pottery manufacturing com
panies on the Pacific Coast, is to locate
permanently in this city. The COM
pany has Just purchased large lot on
! the northwest corner of Twenty first
and Grove streets from j. H. r. Frank
I lin of Salt Lake City. The price paid
for the lot, which will be the site of a
warehouse and factory, was $4,000,
One Of the important real estate
/ deals of the last week was the leasing
/ of the entire Elsey block, at the north
west corner of Broadway and Seventh
! street, by Osgood Brothers, the we'll
] known druggists of this city, one or
whose stores is located on the property
| leased. Osgood Brothers have secured
/ the building for a period of six years,
at a rental .of s6e0 a month. They will
at once reconstruct the building,
which will be devoted entirely to their
business, the upper floors to be used
as a laboratory and packing house.
George w. Austin reports the folloW-
ing sales for the week:
House and lot on Thirteenth avenue
near East Eighteenth street, for w. A.
Hunter to Mrs. E. z. Ranch, for $3.50.
Store and fat on Ninth street near
webster, to Walter n. Carey, Tor $l0,-
Lot on Twenty-seventh street, near
/ San Pablo avenue, for j. Mulrooney to
Paul Simney, for $1,000.
House and lot on Forty-ninth street
near Broadway, for Mrs. Emma Croth-
ers to Guiseppi Caldera, on private
| terms
Lot on the northeast corner of Tele-
graph avenue and Merrimac street, foI
| Dennis Johnson to w. Kinsel, on pri-
4 Pair of flats on Seventh street. near
tCnion, for H. S. Mckee TO A. A. An
fthony, for $500.
Lot on broadway terrace for j. j
lo'Rourke to d. Mullen, for $3.50.
Lot on Apgar street, near Grove, fol
E. n walter to J. n. Martin, for $1,000
Cottage and lot on Broadway, neal
Twenty-ninth street, for Eugene Laka-
zette to A. T. Baumgartner, for $4,000
Resold same to A. Calori for $3.50.
Two lots on Fifty-ninth street, neal
Adeline, for NJ. T. Cassell to H. S. Nc
Keen, for 500.
Large building and lot 50x100 or
Eighth street Between Harrison anc
Alice, for Mark T. Ashby to Albert "
Long, for $500.
Exchange of large property ir
Chicago known as the Marlowe Thea.
ter and Julian Hawthorne building, or
Sixty-third street and Julian avenue