The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-06-19
BUILDING PERMITS
REACH BIG FIGURE
More Than SI50,000 Is Sum
for the Week in City
of Oakland
Realty Market in Cities Across
the Bay Shows Healthy
Condition

OAKLAND, June lS.-Building per-
NIT applications for the week total
more than $4,000, a figure which is
an index to the favorable condition
OF business in realty and construction
lines. The most important project Of
the last seven days is that of the new
Farmers and Merchants bank. This
structure, for which eXcavating has
been commenced, viii be erected at
the southeast corner of Thirteenth and
Franklin streets. It viii be on modern
lines. classic in architectural features.
and Of the high Vaulted. one story type.
such a is used by many Of the great
banking institutions which use an en-
tire building TO themselves. The bank
viii be Of steel and reinforced class A
construction. The contracts already
let call for an expenditure of from
$4,000 10 $4,000, exclusive OF the eK-,
pensive interior fittings 1t is ex-
pected that the building will be ready
for occupancy by the first of the new
year.
The total for building permits this
week shows gain over the previous
week Of $4,000 and over the CORE
spending week for 1908 of $4,000.
Bank clearings for the week as re-
ported by the chamber of commerce
were Sl976.247-Ss, a gain Of $500 22.I3
over the corresponding week of 1908.
These figures are satisfactory and give
evidence of a steady Improvement in
trade Loans are easier. according to
the best reports, and generally speak
ing the situation in financial circles
seems TO be steadily rejecting the re-
turn Of real prosperity.
RAILROAD ACTIVITY
One element OF improvement is to be
noted in the increased activity in rail-
way circles It is reported from West
Oakland that the Southern Pacific shops
and yards are incTea sing their forces
and that a corresponding gain in bust
ness isfto be noted
Among the local projects which are
engaging attention as tending to have
a marked influence upon business prop
erty is the proposed opening of Jeffer-
son street from Seventeenth to Sam
Pablo avenue. This improvement
would mean ultimately that Jefferson
street would share in the westward
trend OF the retail business trade and
would become an important factor in
relieving the congestion of the bust
ness district, now restricted by reason
Of the dead end at Washington street.
The cutting through OF Washington
street TO San Pablo avenue is virtually
determined upon by the present city
government. and viii follow in con-
nection with the proposed bonding for
series Of important public improve
ments this fall
Progress is being made with the de-
Nelopment Of the new parks boule-
wards and Lake Merritt plans. Among
these is the widening OF Twelfth street
Al the lake crossing. the parking of
the center Of the thoroughfare. max
ing II one of the most attractive fea-
lures Of the entire lake park plan AS
Twelfth street is the main artery con-
Meeting East Oakland with the heart
OF the city, the project viii have an
important bearing upon the whole
scheme OF Improvement
COURT RULING IMPORTANT
Also of vast Importance TO property
owners in the entire business district
was the court decision this week by
which the injunction was raised on the
construction Of the salt water auxilis ry
pipe lines. Work on this part OF the
new fire protection system can now go
forward rapidly.
Oakland and east side realty handlers
are calculating upon brisk late sum-
mer and fall business. A large influx
Of population is expected to follow
the coming Of the Western Pacific.
The natural impetus which will be
given business as the result OF the
completion OF another transcontinental
railroad will find expression in large
demand for homes.
tt is safe to say that the growth Of
the new residence sections, both within
the city and in the immediate suburbs,
shows no diminution in volume or in
the standard OF dwellings. Among
some Of the noteworthy additions to
suburban residences is the beautiful
hacienda which is being erected at
Broadmoor for A. J. Frey. It is dis
tinctiy Spanish, and its porches and
pergola add TO the exterior attractive
ness OF the dwelling. More than a
score Of residences have been erected
in the park, which is being adorned
beautifully with palms and Towering
plants. It's superb roads are dust
proof More than $500. 900 has been
expended in the development of the
property by the Broadmoor company.
for which the Frank K Mott company
are the selling agents.
BUILDING PERMITS
Following is a summary Of building
permits applied for at the board of
public works for the week as COM
piled by Walter B. Fawcett the sec
rotary: