The San Francisco call., 1906-08-26

the Old Stand
On Increase.
The activity in the downtowns dis
tricts at present is a matter of much
comment in mercantile CIRCLES as it is
the early realization of the prophecy
following the fire, that the city would
soon again be as busy as beehive.
Commercial men declare there is ac-
tually more business transacted in the
neighborhood of Washington and Mont
gomery streets now than before April
Is. They also note as another instance
OF business vitality the activity at
Montgomery and California streets, and
again at Montgomery and Market, and
ascribe as the chief reason for the con-
centration of commercial interests at
these points the fact that the improve
rnents left standing after the fire fur
nished. the means Of carrying on the
great commercial life of San Francisco.
In view of this solid and progressive
condition it is reasoned by representa-
tive men of affairs that as soon as the
owners east of Larkin and Ninth streets
again cover their valuable property
with substantial structures the burned
districts must again assume the mer-
camille Importance that characterized
them up to the time of the connagra-
ton.
There is considerable demand for
both small and large investments DOWN
town. Speaking of this condition yes
terday, J. NJ. Kepner of the firm of
Madison & Burke said the larger de-
mands may be a little impeded owing
to the attitude Of the holders, many
wanting the same prices for property
without improvements that they asked
before the FIRE with improvements.
FACE DOWNTOWN.
There is a determination to return
downtown and a number of good leases
will be closed as soon as the landlords
are ready to- go ahead with the contem-
plated buildings. Many are prevented
by reason of their not having their in
surance adjusted.
Herman Shainwald of the firm Of
Shainwald & Buckbee says the condi-
ton today is extremely satisfactory in
deed; very much better, he declares,
than could possibly have been looked
for in face of the obstacles to be met.
He .prophesied yesterday that inside of
sixty days there will not be a good va
cant house for rent in the city. basing
his emphatic statement on the fact that
pie who temporarily left in April. TAX
ing this fact into consideration. Shain-
wald declares the population of San
Francisco will be doubled by Decem-
Der 20.
1t only remains for the clearing of
the insurance situation to see new
buildings now projected under way.
Umbsen & Co. and other foremost real
estate firms are equally sangufne,
founding their opinion upon the influx
of former residents and inquiries by
strangers pouring In by mail from all
parts OF the United States.
EVIDENCE of THE SPIRIT.
An idea of the activity of the realty
market may be obtainedsfrom a perusal
of the following details:
Thomas Magee & Sons report the sale
of the property on the west side of Van
Ness avenue, 48 feet north of Oak
street, as feet front by so, feet deep. for
the account of Charles S. Wheeler.
Charles w. Slack and r. II. Lloyd,
trustees for the John A. Boalt law IL.
brary building of the University of
California. The price obtained is
s71.500. :
They have also sold the property on
the west side of Battery street, 81
feet south of Pacific, south 40 feet 9
inches by west "a, to Zellerbach Bros.
on private terms Property in this
section of the city is more nearly ap-
any other portion of the wholesale dis
trict. Eight new buildings in this
Immediate vicinity are to, be erected at
once.
The terms of the Coleman lease on
the corner of Market, Davis and Cali
fornia streets made for James ". Cole
man, Cecilie d'Andigne and Isabella. c..
-
the lease extended from a ten-year
lease to a twenty-year lease, while the
tenant, Harry NJ. Lichtenstein, Will
erect athree-story brick buildinginstead
of a tWo-story building. as at first
contemplated. The building. it-is- be-
lieved VIII cost in the neighborhood>o of
100000. The total amount involved in
this transaction. including rent and i'm
provements. is nearly 81, 900, 600. IS )
Among the sales reported by A. j.
Rich & Co. are the following:
Sold one block IN the LakeviewYTract.
known as eblock-3s. and part of bleck<4.
to the Mccarthy Company. 1922, 800.
The company will cut the same into
lots and will' build nearly 100 cottages
upon the property for small investors:
They have purchased for a client of
the office the northeast corner Of Sac
ramento and Hyde streets for $4,000.
This property has a frontage on .Saera-
mento street of 6S.s feet and a 'front.'
age of 81 feet on Hyde. The purchaser
intends to build on the said property
Immediately. 4
They have also sold to, L. r. Fulda
for Lloyd & Wood the whole of block
los in the Richmond District for some
thing over $4,000. This property is
also to be segregated and sold in par
cells by said purchaser. The. same Arm
has sold for the Union Trust Company
corner of Twenty-fourth and Mission
streets. Said property has good stores
and buildings and rented for $50 per
month. ...ss sl.,s,s...~ss. .s. 3 ~
They have also sold to Sol Getz block
81 In the Excelsior Homestead forGtie
Joseph Rich, Company. The purchaser
will cut the same into building lots for
small purchasers. s,ks :. ger.s4. q; s.