The San Francisco call., 1908-05-23
Total
SHOWS RETURNED CONFIDENCE

of a return OF confidence, and several
other deals are under copsideratlon
which il is asserted VIII De consuln-
mated within few weeks Ine re-
port, however. that Newman & Levin
son had taken the old site OF the
White House is without foundatlon'
and the report also that Gottloo q
Marx had purchased the property on
The northwest corner OF GeaTy ana
Mason is equally unIounded Inc
Columbia theater VIII be on the south-
west corner Of Geary ana mason anu
C1ottlob & Marx have leased theater
building which is TO be built by cor
poration known as the Columbia the
ater cornpany. The lease is TO be Tor
20 years and the rental ror the eh1lLe
time Will be in the neighborhood OF
The Metropolitan life insurance COM
pany has applied for PERMISSION 10
put up a two story. class A building
on the northeast corner OF Pine 1,3 an9
stockton. which ii is understood VIII
be used by the company
CENTRAL TRUST COMPANY
An important lease has been closed
BY Thomas AIagee & Sons. representing
the Central trust company, and P. J.
Sullivan. representing Mrs Abbey NJ
Parrott. by which the Central trust
company leases the northeast corner OF
Sutter. Sansome and Market streets for
10 years
The constantly increasing business of
this institution compelled IL to seek
larger ana more centrally located OF
fees and this location is one OF the
most prominent IN the city for COM
mercial and savins bank. as Wen as
for the Central trust companys bust
ness The Central trust company is oc-
cupviusz the southeast corner OF Mont
gomery and Sutter streets. and has
also branch in Van Ness avanue and
one in sixteenth street near Mission.
The site leased by this bank is the one
formerly occupied by the Wells-t2rgo
bank. and is SO feet front in suffer
street, looking out into Market street,
by 81 feet deep in Sansome street
The Central trust company WIN oc,
cupy the entire ground floor itself, and
expects TO put safe deposit vaults IN
the basement. an entrance to Which Is
70 be constructed directly from the
street This lease represents q total
y investment in rental of nearly S120.O0O-
The bank expects to. move into its
new quarters by September /, but VIII
be in possession for so days previous
IN order 10 fit up handsome bank
Offices, which Will rank among the pest
II the city
A DISTRIBUTING POINT
AS evidence of the Importance of
San Francisco as distributing point
may be taken the action of Butler
Bros. This eastern firm is regarded
as the strongest in its line in the
country and last winter sent 70 the
coast 4 special agent 10 look over the
field. He visited Seattle, Portland and
Los Angeles ana l4Hd-lF GSNiACN A4tot
the best place for their business was
here Through the agency Of Speck.
paschel 6 Co. ii has rented two noors
in the building Of Morgan & Sons. Sec
ond and Mission. The firm is what is
technically known as supply dealers,
and has 81 different departments: They
have distributing places in ali the
larger eastern cities, and 1t is their
intention TO have their own building
here where they viii distribute the en-
tire coast If the success they antiei-
pate follows their present venture
All the real estate nrms report con-
siderable demand during the week for
investment property ranging from
$1,000 TO $50. geo. while some go even
higher. There is no cessation in the
building Of fats and houses and IN the
cross town streets north of California
east OF Hyde, there is great building
activity.
PLENTY OF PURCHASERS
Lyon & Hoeg report a good week
IN selling suburban property ana as
sert that wherever tracts are i'm
proved and with good train service
there is no difficulty in finding pur-
chasers. They point to the success
they have had with Miramonte which
though only recently put upon the
market. has had Z ready sale of lots
During the week many firms have
moved down town and the renting OF
Offices has been brisk. There have
been several reservations made in the
Mechanics bank building IN the last
few days which shows that upper Mar
ket street holds its own in favor The
reason given for the increase in rent
ing down town is said to be due To
the fact that rents are reasonable, and
that in many instances they are lower
than Polk and Van Ness avenue.
During the last few weeks many
houses have been put on the vacant list
and this is ascribed to the summer
exodus, which has commenced earlier
than usual
IMPROVING HAYWARD PARK
Baldwin & Howell report the i'm
pTovement work in Hayward Park Il
be progressing favorabiy and rapidly
nearing completion. the only unfinished
work now being the laying of the ga:
mains. macadamizing of all of Tho
streets and laying sidewalks WheT
this work has been finished Hayward
Park viii be . model suburban sub
division in every respect. lying as 4
does adjacent to the city limits of Sar
Mateo and bordering on the splendiS
new Peninsula hotel. II is one of the
few suburban tracts that is being of
Tered Tor sale where everything in the
nature Of improvements will be abso.
lutely finished These Improvement:
include grading of the streets. macad.
smizing of the roads, laying of side
walks. setting OF eurbs. laying th'
water mains and gas mains and tn.
planting of SHADE trees and palms
along all OF the streets. In addition K
this a number of fire hydrants hax.
DeeD luSldlleO ana lite property is II
readiness for the erection of a hom.
and the lots now being offered are onl,
those where the work is PRACTICAL,
finished. Recent sales by them have
been as follows:
Lot 3. block l. 10 Edmund 3. Levy: lot 6, bloc
J. TO Frederick Gugel: lot 2, block X /
Lulu X. Perry; lot Z. block L. TO Manuel J
BettencoErt; lot 25. block X, 20 Jennie F
Csrnaii; lots - and rs. block X. 10 G. T.
Conens: lots so ana 81. block X. TO Charles Al
len: lot g. block p. 10 John Fernando: lot Is
block I. 10 W J. Dawson; lots aud 6. bloc
p. 10 Louis Goldstein; lot is, block L. TO W. F
McCoIlum: LOT 20. block X. TO Andrew s. Bar
ron; lot &c. block X. to L. s. Cortelyou.
SALES AND LEASES
D. CofIin & Co. report having rente,
SO places during the last week, ant
sales are as follows:
Lot in south line Mullen avenue. so feet cas-
Alabama street. 25xT5 seller Mary z. Mullen
lot and improvements in north line Bruce ave
nue. 200 feet east Harold avenue. l5xIo0. selle
Nelson. buyer Smith; lot and improvements a
228 Day street, lot 25xll4. buyer Bernhard Mas
seller H. D. Ramsey; lot at southwest corne
Anderson and Jefferson streets, 25xTo. buyer Mar
Moran, seller h ]. Olsen; lot in east line Chat
tanooga street, 20s feet south Twenty second
26d25. buyer Israel. seller Mccarthy; lot an