The San Francisco call., 1909-06-06
REALTY BOOMING
AGAIN IN OAKLAND
Brokers Assert Phenomenal
Improvement Generally
Has Taken Place
Municipal Enterprises Will
Swell Population, Say
Informed Persons

OAKLAND. June 5.-The tone OF the
realty market has improved during the
week Brokers are OF the opinion that
general conditions are showing perma-
nent Improvement. They are sanguine
and do not md fault with business.
Though no unusually heavy transac-
uons have been recorded in the last
seven days. there is q noticeable in
crease in the cali for small properties.
Residence building moves forward
steadily. Readjustments, due TO the
growth in the newer districts. viii
be in order soon, but a noticeable fea-
sure in the market is the slow but
sure absorption of vacant sites in sec
tions Of the city which might. be
termed relatively old.
That people are searching out de-
~ bic nome sites along the eastern
Al ores Of the bay goes without saying.
Z of the east side cities have felt the
stimulated influence of this demand
for months As a natural result busi-
ness must keep pace Men who are
called upon TO watch the trend Of
affairs de not Hesitate 10 predict
heavy increase. in population in this
city during the coming few years.
CITY \ BEAUTY SPOT
through the efforts Of progressive
municipal administration the city's
natural beauties are being taken ad-
vantage OF 10 degree never before
attempted. With the municipal i'm
provements completed. planned and
projected Oakland is in a fair way 10
become noted all over the Pacific slope
and far eastward beyond the Rockies
IS one Of the most beautiful cities in
the United States. Parks bouievards,
Fairgrounds. new public buildings
largely increased school facilities
these are some OF the items OF the
municipal plan which are TO be in
cIuded-
Among the most important moves Of
the week from the property owners
standpoint was the letting of contracts
by the board OF public works for the
installation Of the piping system for
the salt water auxiliary fire fighting
plant. Owing TO favorable conditions,
the board OF public works has been
enabled 20 extend the area to be pro-
tected SO that virtually all OF the bust
ness district and a part Of that extra
hazardous territory along the lumber
yard section VIII be protected by the
auxiliary system.
LOWER INSURANCE RATES
One Of the most direct benefits from
the plant viii be the cutting OF FIRE
insurance rates not less than 25 per
cent over the protected area. This is
Considered q direct advantage and one
which VIII rebound 10 the pecUniary
prodt Of many property owners. City
officials. who have been interested IN
the construction Of this auxiliary water
system. have been given definite as
surance that whenever the new plant
Is ready for operation, down viii go
rates.
some notable mortgages were re-
corded during the week. One. given
by Mrs. Matilda Brown OF her share
Of the DeIger block, was for $1,000
1T followed closely after the distri-
bution of the estate Of the late Mrs
Ernestine Delger. the mother OF Mrs
Brown The property mOrtgaged is
the northwest corner of Thirteenth
street and Broadway.
A mortgage from Wickham Havens
TO the First trust and savings bank was
also recorded Two lots in Berkeley
the southeast corner Of Bancroft way
and Sacramento street. and the north
east corner OF the same streets. were
given as security for loan OF s25 600.
BUILDING OPERATIONS
Building operations Tor the week
show total OF s73,0 ,033 in permits ap-
piled for at the board OF public works
The general summary. as prepared by
Walter p. Fawcett, the secretary, is as
follows: