The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-07-31
BANK CLEARINGs INCREASE

A SIat1Stlcdl report sent out py tHS
chamber of commerce shows that Oak
lands bank clearings have for the last
seven months averaged an increase of
Sl693S73S4 over the = corresponding
months of last year. The increase for
July OF this year over July, 1908, was
$2,212,S19.65, and the total increase for
the last seven months was $11,357,-
1850.
The building permits for the first
seven months of 1909 numbered 1881
permits at a total cost of $3,127 1855,
or an average of 261 permits each
month at an average cost of $446,759.S7
or over 100000 each week. -
From January 1 to July %, 104,435,-
500 feet of lumber were received by
vessel or steamer at the docks of Oak
land. This does not include lumber,
shingles, laths and other materials re-
ceived by rail for building purposes.
This shows an increase of 26,47S,500
feet of lumber over the corresponding
period last year.
According to reports furnished by
the Oakland chamber of commerce,
1926 vessels locked in Oakland harbor
with total tonnage of 6S2,055, as
against 1,012 vessels with total ton
mage of 477,4S1 in 1908.
LINE THROUGH BROADMOOR
The Southern Pacific company is
building a line through Broadmoor, the
beautiful residence tract on the boule-
ward near San Leandro, and a passen-
ger station is to be erected in the
tract. A direct express train, either
electric or motor, win enable resi-
dents Of Broadfnoor to reach Oakland
or the ferry piers within few minutes
after leaving their doors. Broadmoor
was planned and constructed by Breed
& Bancroft, but the selling of the
property is in the hands of the Frank
K Mott company.
George w. Austin, Broadway real
estate dealer. is enthusiastic over the
continuous rise in values of Oakland
and indeed all Alameda county real es-
tate.
Land around Fruitvale Melrose,
Piedmont, North Oakland and as far
out as Richmond, that was worth 81 900
five years ago, is worth five times as
much, If not more, today said Austin.
Five years ago land that lay north
of University avenue could be had for
$500 an acre: the same land today will
sell from $4,000 to $500 an acre, and
why? Look at the map of Oakland
and you will see that San Pablo avenue
is the main artery from the heart of
Oakland to the town of San Pablo, IL
miles north. Five years ago that was
a farming community, today it is dot
ted with the homes of thousands of
people, surrounded by schools, stores
churches and factories permanent
features, every one of them. Property
in that section OF country that can be
had for $1,000 today will be worth
$4,000 five years from now"
Demand for Cottages
BERKELEY, July 30-In spite of
the unprecedented building operations
here during the spring and summer
the field here is prolific for the owners
of small cottages and bungalows of
from three to six rooms. While there
are many old houses for rent, the de-
mand for houses of five rooms is so
great that realty men are unable to
build them fast enough.
The demands of the house hunters
here seem to center in the bungalow
type, which are eagerly rented as
soon as built and in some cases OPP
tions are secured before the founda-
lions for them have been started
The general demand has led to rapid
and extensive building in all parts of
the city, and each new cottage is
easily rented and the population of
the city daily increased.
The same holds for the outside sec
tions, lots for which are being sold
with the usual summer rush.
Building operations here not only an
ply to houses, but to stores, and Build
ing Inspector B. P. Bull is of the opin-
ion that the operations of the year
following the fire will be exceeded by
the present fiscal year.
Factories Want Sites
ALAMEDA, July 30.-That manufac-
turing industries of the east are look
ing to Alameda as a site for plants is
shown in a letter received by the
mayor from the California iron and
steel company, a subsidiary concern to
the American steel and iron company
of New York.
The communication is signed by T. f.
Maddney, manager of the coast com
pany, and he asks what inducements
the city will offer to such an industry
as he represents to locate in Alameda.
1t is known that the agents of several
big manufacturing industries have
been looking over the water front
along the Alameda shore of the estuary
with view to purchasing sites that
will be convenient to boat and rail
The south bank of the estuary from
Park street TO Walnut, is taken up with
manufacturing plants. The largest of
these is that of the Dow pump and en-
CINE company. which will be put in
operation soon.