The San Francisco call., 1909-12-25
MARKET FOR REAL
ESTATE STIMULATED
Preparations for Bond improve
ments Cause increase in
Sales and Transfers

OAKLAND. Dec. 2A-The citys
preparations to begin the work pro-
vided for by the recent bond issue
have stimulated the real estate mar
ket during the last week and there has
been q noticeable increase in the num-
ber of sales and transfers recorded,
as wei as IN the building permits ap-
piled for and negotiations commenced
looking toward the purchase and sale
of property Of all sorts
one Of the most important public
Improvement schemes which the city
officials are now considering is an ap-
preparation Of 100000 to be included
il next years budget for the improve
ment Of the present city parks and
Fairgrounds and the acquisition Of
new park sites. The request for the
proposed appropriation viii be based
ou au estimate made by Park Com
missioner James p Edom in accordance
utIl plans which have been practi-
caf1 completed.
They contemplate the building Of a
driveway around Adams point on the
shores VI Lake Merritt, the construction
Of q municipal boatlOuse on the lake,
now landings on the lake. the develop
melt OF Lakeside park improvements
in Indep ependence square, repairs Of
Sidewalks. curbs and gutters in the
present city parks, three public COM
fort stations. q ban6stand on Adams
point the purchase Of the Mosswo0d
park and Merritt properties, cleo
troIiers and lights for the new parks,
q drive on the east shore of La he Mer-
ritz and Improvements in De tremery
and west Oakland parks. Property
values in all the neighbOrhoOds ad-
joining these proposed improvements
VIII be greatly enhanced and the whole
city is interested ia the successful
carrying out of the plans.
WATER FRONT IEIFRoE EMENTS
Tie beard Of public works and the
harbor commissioners are now actively
working on the preliminary details Of
the construction nj Ihe wharVes, docks
and municipal buildings provided Tor
By the bond issue As soon as the va
fdftv Of the bond issue has been con-
drmed by the firm % eastern experts
to whom it has been submitted the
bonds VIII be marketed
The western Pacific company Is now
regularly operating through freight
trains from Salt Lake City TO oak
land. and spur track arran gements
have been made with the southern
Pacific whereby shippers from any
mart Of this city may send their goods
10 the Western Pacific freight yards
without extra charge.
The city has recently begun negotia-
tions for the acquisition Of land on
the southern water front to provide
approaches to the proposed new
wharves and docks, as well as right
Of way for the belt railroad which is
The Western Pacific company has
located its Fruitvale depot near
Truitvale avenue about 200 feet
north of the Southern Pacific tracks.
Preliminary work on the erection OF a
passenger depot and freight sheds has
already been begun.
NEW APARTMENT HOUSE
Gabriel Sanderson has begun work
on a three story frame apartment house
to be erected on the east side OF Broad
way between Twentieth and Twenty
second streets. The building viii be
of the mission style Of architecture.
with iron iathe and cement exterior
finish. The store on the ground floor
VIII be finished in copper and marble, !
with a plateglass prism above the
doors. There viii be eight apartments
in the building, with fireplaces and
crates in each. T. j.. Voorhees, is the
architect
The Peralta apartment building, the
largest and most complete apartment
house west of Chicago, is now nearing
completion and viii be ready for oc-
cupancy before spring. 1t is a solid
brick structure containing 300 rooms, 4
divided into apartments ranging from
one TO six rooms each. with bath for |
each apartment The building is /
located at the northeast corner of Thir- /
teenth and Jackson streets. 1t is being |
built by a syndicate Of which DR.. ". D. /
and c. NJ McGregor are /
the chief stock holders.
Plans are now being made to open |
the new municipal museum in the
stanford mansion on the shores Of Lake 4
Merritt. Fine collections OF birds 1
eggs, archaeological and other speci- /
mems from various parts of the globe (
have been installed fin the museum and /
it is proposed to add new collections /
TO these from time to time A fea-
ture viii be the children's room, which 4
VIII be connected with an auditorium i
where lectures on educational topics I
VIII be given, illustrated with lantern 1
slides and specimens from the various 4
collections In the museum.
BANK CLEARINGS GAIN
The bank clearings here during the I
last week We're S2,2S1,372.S7 as against
s sl,6S5I2l-55 for the corresponding week 1
of last year.
Following is a summary. of the
building permits applied for at the
board Of public works during the week
Just ended, as compiled by Secretary
Walter B. Fawcett:
Permits. Amounts
one and Z half story dwellings. i2.96o