The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-01-23
LARGE SALES MADE
DESPITE Till RAIN
Banker From BeIIingham Bay
Shows His Confidence in
This City
Lower Market Street Increases
in Value Because of De-
mand for Stores

estate operator and several large sales
have been reported during the wesk.
notably tbat Of the Boyd property at
BEarket and California streets 80 sam
uel Atshuler. This banker from Bell
sngham bay Wash. is one OF the most
persistent boomers Of this state, and it
IS said of him that he has disposed OF
some Of his northern holdings r order
20 acquire property in this city
Another OF his purchases which has
attracted attention is the lot at the
southwest corner OF Second and Silver
streets with a frontage Of 20 feet IN
Second street by uniform depJn OF
20 feet IN Silver street, and the price
paid for this holding was $4,000
WILL IMPROVE PROPERTIES
Bis Investments in san Francisco
during the year represent S25O,o00, and
better still he will improve all his
properties which consist OF the south
west corner Of Kearny and Sacramento
streets. 69.9x59.3. for $4,000, on which
he viii build a structure TO cost In
the neighborhood OF So, 900, and a lot
At Market and California streets, for
which. il IS said. he paid something
like sl75, OO0 on which he Will erect
= handsome building.
Valuable as was lower Market street
. before the Ere. its value is increasing
greatly, owing TO the change in its
character At one time this street
from Montgomery TO the ferry was oc-
cupie6 by office buildings and there were
few or no stores. Il is now a favorite
place for stores and those who were
wise enough 10 locate there have no
reason 10 ind fault with their judg-
'menI- This is the inducement which
compelled Altshuler to buy from the
Boyds and the building he intends to
erect viii be eminently adapted for
stores.
PROSPECTS FOR A BUSY YEAR
Realty dealers are OF one opinion.
that the coming year viii be one of
e the best. from a real estate standpoint,
p an the history of san Francisco. and
10 back their opinions they say that
In the first place the banks are loaning
money for legitimate purposes and
life insurance companies have changed
their tactics and instead Of people GO
ing 10 them and begging for loans they
are asking the people 10 take loans.
One large insurance company is in
the market with $1,000, Geo, which il
Is anxious 20 loan. preferably in parcels
of from $4,000 10 100000 on business
property.
Another sign OF coming good times is
the attitude OF the merchants who de-
layed going down town. According to
the statements Of real estate men there
are a number Of merchants who pay
all the way from $3.50 month TO $500
"A month in rent who are hunting vain
~ for good locations. It viii be re-
membered that these men were advised
IN these columns TO take advantage
Of the time and go down town, but
having RETAINED are now in a guam
dairy as TO where to go.
II Is the ambition Of all store keepers
10 get III Market street, but it is de-
clared by real estate men that this is
now an impossibinty and that every
building which is intended to be erected
has deposits paid on future stores
The result OF this is that other
streets are getting the advantage Of
The overflow and this brings up again
the question Of Geary street.
GOOD CAR LINE NEEDED
Real estate men and others are dis
cussing the advisability Of aEitating
the question Of getting the supervisors
10 put up the Geary street car line
franchise for sale TO the highest bid
der They Nassert that Geary street is
the second legitimate Market street.
and that II il had good I'D to date
car lnes with feeders extending TO the
Cliff house, Geary street for a retail
store would be second only to Market
It is further said that there are
practically only two uptown streets. as
Tar as car lines are concerned, Market
and Suffer streets
These car lines are always in a CON
Eested condition during the rush hours
ana II Geary street had modern car
line II would relieve the pressure on
The other two car lines.
they further insist that from the
geography Of the city Geary street
should be made a second Market street
bad grades.
Furthermore the line could be run
easily down to the ferry. The two
largest hotels are on its line. first
class fheater is 10 be built at Gearv
ana Mason streets. and there are sew
SIal large apartment houses already
constructed along Geary street
rms matter, it is said, viii be taken
ID IN earnest by a number of promi-
nent persons, with the view Of bs,r,,,.-
nrst class car line built in Gearv
hlreet and thus give the CITY fvvo
prominent streets for retail stores.
Rive Hundred Acres Sold
" Wright & Co closed a deal
SCeALE IA santa Cruz county tnvolxr
ing Doc acres Of land alone T.ao,,,,
S-ssA, on which it fronts for one and
= nolI miles. This represents an in
Nestment Of about $3.50 OOO The mar
icuLar value OF the land lies IN 5+s
e2,sposits OF limestone and cement CLAW
Inc property is about three miles froIy,,
re southern Pacific and the Oeean
shore railways OoeAH
inverness an Ideal Place
y Freeman, general manager of tho
-l-NetheSs land and water cOn1panv and
owner OF the Inverness realty eornns,,xc
mas been Joined by J. W Wrie,b4 q
%; ~ the subdivision and sale ~
5000 acres on Tomajes BAY. know 90 os
inverness Inverness is an ideal e,,,,,
mer nome resort, situated on the so,,t,,
Snore or Iomaies bay, with NEARLY fita
miles of water and beach front win
The nnest Of both salt and fresh uyste-
bathing, yachting, boating and fieb5ne
Tor trout. steelheads. salmon. baIfh,,F9
bass, rockcoo, smelts and other f;sb'
The famous Paper Mill creek and W.T.
House pool belong 10 this nronertv
Clans oysters and crabs are nlenfsf,,l
The hills abound with deer. quail rah-
bit and other game, and contain
hunting reserve Of nearly five miles
Inverness is only "a miles from San
Francisco and is reached within two
hours from San Francisco Via the
Northwestern Pacific. Sausalito ferry
There is one Of the hest aufornohsfe