The San Francisco call., 1908-04-25

eGNA4bC0 ~ LAG recent Edlltldll, AS lAC
precipitation has saved the crops and
put the tillers of the soil in better
spirits, so that an enormous number
OF country people are expected in this
city during feet celebration week.
Their presence is not desired solely
for the temporary advantages that will
follow. but because it viii give them
an opportunity TO see what San Fran
cisco has accomplished, and bring them
back into the habit of coming here for
their holidays. The city had an enor-
nous trade with the interior before
the fire. owing to the practice OF people
coming here for their vacations. This
has been lost to a certain extent, but
businessmen are confident that the
patronage can be regained and that
the feet celebration will help TO re-
establish the old relations.
Trading continues brisk in outside
lots. and it is reported that the John
Brickell tract at Bakers beach has been
completely sold out, there having been
65 sales in California street between
Twenty eighth and Thirty-second ave.
nues, four blocks, fronting in Califor-
MIA street, representing in the neigh
horhood Of $4,000. since January 1.
These lots are TO be built on, and the
class of houses will cost not less than
$4,000 each. which means that about
slS5.o00 viii he expended on the prop
erty in buildings alone. Reports are
good from other residential parts of the
city, and the present year will see a
great deal Of home building i'm the Mis-
sion. by the park and on the hills over
looking the bay.
DOWNTOWN DISTRICT
The faith outside cities have in San
Francisco is shown by the fact that a
Seattle capitalist is heavily interested
ia a restaurant which will be opened
shortiy in Market street between
SearHy and Montgomery streets. and
that $4,000 is being expended on it's
Interior finishing. A rich man from
Sacramento was in the city during the
week, looking about him. with the in
tention of investing. These men say
that when buildings on Market street
pay ) per cent net this is a good place
TO invest money.
Real estate operators declare invest
ors will not go astray IL they put
money into downtown apartment
houses, as the tendency is to get as
near the business center as possible,
and the opening of first class theater
IN the old district would do much
toward re-estabIishing the city.
There is a report to the effect that
The combining of the Western National
bank and the Metropolis will enable the
-@oA-LO4ls al - anu -1l1ltilCdu DdHh 10
take the location of the Metropolis
bank.
A well known dry goods Arm is re-
ported as having leased the Head prop
erty on Grant avenue and Post street |
opposite Shreve's, and the Central |
Trust company is credited with having
taken a lease for 10 years of the prop
erty on the northeast corner of San
some and Sutter. 4
ba -.fo 90 ~.
building which is TO be erected on the
northeast corner OF Market and Grant
avenue, will be decided upon in the
course OF a few days. The general
design of the structure will be some
thing like that of the Bank of Cali
fOrnia. II is TO be one story in height. !
with a mezzanine floor and safe de-
posit vaults.
The German Savings bank has COM |
menced making small loans and this |
is looked on with great favor by the |
majority Of the real estate operators |
as money can be secured cheaper from /
banking corporations than from indi- I
viduals, and this will give an impetus /
TO the market
NORTH FAIR OAKS
Among the most desirable locations |
on the peninsula for a home is the |
Norla Fair oaks property. and s. NJ |
Snyder in speaking OF it said:
Since April last. we have noticed |
a steady increase in sales and the |
prospects are that by the middle Of /
summer we will have a town well un-
der way. Our water plant is being !
installed and the contractors have !
agreed 20 have il completed in so days I
The railroad people are rushing work |
on the new Dumbarton cutoff which 1
runs through Nortn Fair Oaks and dur
ing the past two weeks have run their /
track TO the bay, where the Dumbarton 4
AIateo county and afford direct trans /
portation TO San Francisco for all east I
ern freight and passenger trains as
well as the valley locals.
This road will do much toward |
opening this country as a suburban /
district. and the fact that the Flood /
grounds join my property |
world as to the desirability OF this /
location either for home or an in |
yestment
Il viii give a barbecue to past pur-
chasers and their friends tomorrow
and also TO those desirous of looking |
over the property. AS a special in /
ducement ] will give away FIVE choice
lots on that day. Each visitor will be |
entitled TO participate in the distribu- |
tion of these. An old fashioned bar
becue viii be lie feature of the day. |
Special trains have been arranged |
TO leave from Third and Townsend |
streets at 10 O'Clock and run direct into |
the property over the new Dunbar
ton road"
PREsIDIO TERRACE
Burrel C. White has purchased
through Baldwin & Howell the resi-
sience II. B. Pinney is building in Pre-
sidio terrace, which, with SO feet Of
ground, cost $l7.500. 1t is Pinneys in
ention TO build other houses on the
terrace on land recently purchased by
him.
Winfield S. Davis has purchased lot 3. |
Preside terrace, for $4,000, and plans
re being made for residence which |
sgiil be ready for occupation by |
October
baldwin & Howell also sold to the |
Society of Eiks the lot belonging to the |
First Colored Baptist church, 80 by |
1876. on the southeast corner of Powell /
and Ankeny streets. between Sutter and /
Bush, for about $4,000.
During the last 10 days this firm has /
neEotiated loans aggregsting nearly
S600.0o There were two loans Of /
100000 each, one running for FIVE
years at per cent net and the other
Tor three years at per cent Three /