The San Francisco call., 1908-07-13
RAILROAD CAUSES
LOTS TO ADVANCE
Prospect of Western Pacific
Running Trains to Suburbs
Helps Realty Market
Oakland Assessment Roll Shows
S3.000,000 Increase in
Property During Year

OAKLAND. July 12.-The announce
r-e1t thai the Western Pacific company
viii De running trains into the suburbs
q Oakland by the end ot next month
has been productive OF increased activ-
sty IN local real estate circles The
number Ct visitors 10 the city who are
looking over residence and business
sltes with z view 10 settling here in
tire near future far exceeds all summer
records n the history OF Oakland
A glance al the register n the cham
ber q commerce shows that the list OF
strangers VINO are interested IN the
agricultural and Industrial products OF
Alameda county is considerably larger
than any previously recorded a. this
season q the year People from every
state in the union have called upon
Secretary Stearns and large number
of them have announced their inten-
tlon 70 settle here and 20 into busi-
ness
Real estate values have shown q de-
cided advance IN the southern suburbs
Of Oakland along the route OF the West
eru Pacific road into the city and there
is brisk demand for business and
residence sites in those districts.
A significant feature Of the recent
development Of the city has been the
large number OF apartment houses
erected. During the last six months
the number Of permits issued for the
construction OF apartment houses has
been IN round numbers $50. During
the last three years permits for more
than $50 OF these structures have been
issued. Statistics show that the pOpu-
M~HH 10 HrHN
They also show that fats are very
largely supplantiug residences IN The
favor Of the man with q small family.
As an Illustration Of the growth 81
the city and the increase in the value
OF real and personal property during
the fiscal year just ended. the city as
BessOr's figures are significant. Last
year the total assessment on Oakland
property was in round figures 500. .000. =
600. This year the total assessment is
approximately sID3. .00o, 900. In spite OF
the fact that, on account OF the tenn
pOrary stringency in the money market
which reduced the value OF real estate
Et a forced sale, the assessors made a
substantial reduction IN assessed
values The increase IN the assessment
on improvements over that Of last year
was s2,5lO,463. II the assessment on
real estate had been made on the same
In the total assessment would have
amounted 10 more than 5000 600. The
total increase in personal property as
Eessment was s1.7s5.575.
NEW CONCRETE STRUCTURES
Among the larger buildings now in
course Of construction in this city is
the substatIon Of the Western power
company, which is located on East
Oakland heights. A permit calling for
an outlay OF $4,000 has already been
spplied for and Il is announced that
this is merely the first installment on
the construction Of the building, the
final cost Of which viii approximate
$4,000. The building viii be entirely
Of concrete.
One Of the latest additions TO the
industrial life OF this city is the Oak
land cotton mills at Sather station. The
works are housed in a steel and con-
crete structure, with large. light and
airy rooms. modern in all respects
From IS TO 100 workers are employed
The investment represents the enter
prise OF local capital. The plant is
entirely new, the machinery being
American made for various lines OF
cotton goods. All kinds Of twines
rope and duck are being turned out
Among the prominent businessmen In
terested in the concern are L. C More
house, James ]. Barker, Fred Osgood
and Robert Noles. W. F. Doig is sec
Tetary and general manager.
PERMITS FOR BUILDINGS
Following is a summary Of building
permit applications for the week as
compiled by Walter p. Fawcett, secre-
60 ~ ra I'd Of