The San Francisco call., 1909-10-30
MARKET IMPROVES,
REPORT DEALERS
Oakland Water Front Point Of
est Owing to Approach
ine aarbor Bonds Election

celebrated recently has been especially
noticeable With it all there has come
Z. greatly renewed activity in the real
estate market, caused by the large
number Of visitors who have been in
,3a.-la.ld looking for investment or for
~she location of homes and business en-
ferprises Many Of the real estate men
report that the number Of bona fide in
quiries during the week has been sat
isfactory.
As q result, several deals Of impor-
tance are ROW under way, and many
sites for substantial homes have been
sold. The same report is heard from
the contractors and builders, who say
that they are about to begin season
Of great prosperity. judging by the
number Of estimates that they nave
been called on TO furnish.
one thing that has stimulated busi-
ness in the downtown district has been
the installation Of the salt water pump
ing system for fire protection. The
mains are now being laid, and the
falling OF insurance rates that viii
result when the system is completely
installed has already held out hopes
that have done good.
That the railroad companies expect
the early development Of Oakland's
water front. as the result of the i'm
prOvements contemplated in the pro-
posed issue OF bonds, is shown by the
plan of the Southern Pacific recently
announced. to build spur tracks from
the main line in the vicinity of Twenty
third avenue. in East Oakland, for the
accommodation OF factories. The bond
election which win be held next month,
VIII determine whether or not Oak
land is TO proceed with the building
OF wharves and docks and thus i'm
prove its frontage. Real estate men
report that sentiment in favor of the
bond issue is strong. and that the re-
action OF this sentiment is clearly felt
in real estate dealings. as the market
has strengthened percepcbly in the
leighborhood Of the water front
BUILDING PERMITS GRANTED
Building permits granted this week
SOW activity J. Fitzgerald secured
2 permit from the board of public
works 70 erect a 56 room apartment
house in the south side of Twenty
ffga street east Of Grove at a cost
Of s23l00. Among other building per-
nits Issued this week are the follow
ing:
?. H. Avery. two story : room dwelling
south side Of liamiitoa place so feet west Of
Mrs. 4. G. Dockery and Miss d. NJ Cooley.
street. 200 feet nortil of Ridgeway: 81. SEQ.
Piedmont Heights building company. two story
room dwelling. south side Of Santa Ray 200
teet east of Vernon avenueT $500
Herman Fisher. two story - room fats. south
side q Eleventh street, 100 feet west of FaI-
H. r Grif6a. txo story - room dwelling
southeast corner - tirand anl Wecon; 81 COO
BAXK CLEARIXGs
Tie following figures sho.v the bank
clearings during riie week. as com
pared viii. those fsr the corresponding
week Of last year
This week ...----.... s.. .fi:S,ngs. g..
Corresfuadinc wccE. isg5 .. s 80 -. -
Much interest hes been taken BY
prospective hu:-cgs 81 the residence
tracts that are now offered for sale
During tge last r-eck considerable
heaaway has becn made with the
streets in Rock it.dge park. the resi-
oence tract whose sfsccess has been
the sensation Gf real estate circles
around the bay. Although the lay
nance real estate company. the ex-
elusive selling agents Of the property
expended $4,000 in preliminary i'm
provements, such As sidewalks, curbs
highways and the like, before the day
OF the opening sale they feel that the
real work Of bringing the magnificent
estate up Ia the high ideal they orig
inally conceived for II has practically
only begun. Their faith in the prop
erty and the splendid plan they have
laid out for ii is shown by the fact
that they have set aside upward Of
100000 additional for further i'm
provements.
MADE ELABORATE PLANS
An interesting fact in connection
with this company is that after the com
pany first came TO know its unrivaled
beauty they commissioned their sub
division manager, F. i. Reed. to travel
throughout the state on a tour of
inspection of other high Glass. resi-
ueDce tracts IT was desired that Rock
Ridge park should be the highest
achievement in its field that this state
has known. and the finest ideas that
could be found. regardless of the cost.
will be embodied in the tract when
the last stroke OF work IS completed
The natural setting Of the property
made such an undertaking possible.
Lying on the beautiful rolling hills
between Oakland and Berkeley, with
Piedmont on one side and Claremont
on the other and with the splendor of
the bay and the Golden gate before it,
Rock Ridge park wins at once the
enthusiastic admiration of all who
stand upon its heights.
MANY LOTS ARE SOLD
Since the property was first opened
TO the public, the opening sale day hav-
ing been less than two weeks ago. So
lots have been sold. Men and women
who have been looking for a home
site that approached their ideal have
found what they wanted in Rock Ridge
park, and without exception they have
marveled that such property as that
is being offered 10 the public at prices
ranging from s1l to $50 a front foot.
The following is the report of Walter
B. Fawcett. secretary of the board of
public works on the building permits
issued this week:
Permits. Amounts
One story dwellings ....-.-... IA S24 S34 90
one and a half story dwellings. 4 S497.o0
Two story dwellings ..-...--.. II o75 OO
Two story fats ...-..... - roo IN
Three story. 50 room apartments ! Is. 100 90
workshops, garages and sheds. $50 90
Alterations, additions. repairs. 35 Il. .0G9. 80
Total .....,.........----...e es 800. .o05.so
REPORT BY WARDS
Permits. Amounts
First ward .......-.........-. 10 SOS 9s2 90
Second ward .....-............ 9 30 5Q9 O0
Third ward .-.............. 735OO0
Fourth ward ..--............ z230.o
Fifth ward .--............... 10 19.S39 90
Sixth ward ....-.-.......... 5000
Seventh ward .-----.--.---..- 1,175-00
Total .......-..-...........e eS $IoO. GOT. so