The San Francisco call., 1909-11-20
STRIKING RECORD
OF fvENTFUL WEEK
Under Many Fostering COndi-
tiOns the Realty Market
Is Stimulated

week, each affecting the financial and
real estate situation around the bay
Of San Francisco. that the last six days
may fairly be considered exceptional
in' that regard. To call attention in
"a concise way to these happenings
they are recapitulated as follows:
J.. san Francisco supervisors vote
S45.OOO.OOO bond issue 10 secure a
municipal water supply from the
Sierra.
> Supervisors issue call for an cleo
ffon regarding an appropriation of
SI.9OO.O0O for the construction of a
municipal street railway.
r Oakland acquires by annexation
vote n total area of 6O.70 square
miles. 25 miles of water front. pOpu-
Iatfon of nearly 100000, land and
sproperfy of an assessed valuation of
Sf25.934.476 and the towns of Fitch
burg. EImhurst, AIIendaIe. FruityaIe,
Seminary Park, LeOna Heights and
DimOnd.
a.. Western Pacific railroad, by Charles
SchIacl<s. vice president. announces
thar freight service over the new
frausconrfnentaI highway VIII be in
augurated between December 1, 1900,
and January 1. 1910, and that the line
viii be competing for business in
California i'm less than 30 days.
>. The building laws committee of the
board of supervisors practically de-
cides upon report. upon which the
supervisors will act next Monday. to
regulate building construction i'm San
Francisco hereafter.
3. Commercial bodies appoint a COM
mittee Of three TO secure lease
from the trustees of the Mechanics
institute of the ground necessary for
the site Of S500.OoO auditorium for
the accommodation Of national and
other great assemblies, TO scat IL 900.
=. California Western railway and
navigation company announces that
plans have been completed TO place
Fort Bragg in direct rail commune
cation with san Francisco carly in
tie spring by completing iss line TO a
junction with the Northwestern Pa
eific at Willis.
:. Committees appointed ny the debris
commission and the Anti-Debris as
socIation decide that gold dredging
nluy proceed en- the Nubs. American
and ether rivers of California without
endaHEerfug other interests. which
secures continued production of
many millions Of dollars in gold from
GredgeTs Fer annum for am Indefinite
period.
D. steps are taken to provide for the
early construction of the Polytechnic
high school and the Lowell hfcb
school. also fer the construction of
the great fire protection system at
San Francisco at an outlay of
SJ-5OO,G0G.
While sales during the week have
been nhloh of the same character as
those of several Of the Immediately
preceding weeks, and while the leases
ave maintained about the customary
recent ratio Of investment and promise
OF the Improvement Of dormant realty
she collection Of circumstances sum
married. in the preceding unquestion-
ably viii prove great stimulus to in
vestment in san Francisco realty.
FACTORS INsURING PROGRESS
Each of the projects which the super
visors Of san Francisco have decided TO
submit 10 the voters involves large ex-
penditure. The promotion of Oakland
by the enlargement Of its territory
and the addition TO its assessment roll
at once increases the Importance of the
large and thriving city across the bay
and adds to the commercial Importance
Of San Francisco. as all large improve
ments in California have the same tend
ency as regards this city.
The opening of the Western Pacific
railroad as an Independent line within
the next month or so means that San
Francisco viii reap great benefit from
the development Of trade area which
has lain dormant because of lack of
all transportation. The tier of counties
through which the Western Pacific will
operate IN California constitutes some
OF the best trade territory, and the
land contained therein ranks as high in
productive ability as that of any other
section in the state.
Of a similar improving local tendency
viii be the opening up Of the northern
country as far as Fort Bragg by the
railway connection at Willis.
The constructive work in high
IN the great fire protection
system, upon the armory to be erected
az North beach and a vast amount of
street work 70 be performed. irrespect-
i've OF what may be done in the matter
0t the construction Of the new cftv hail
involve the expenditure OF other mil
IONS OF dollars and the enhancement of
realty values in the neighborhoods
where the improvements are placed.
IMPROVING THIS CITY
The practical settlement of contro-
Nersles relating to the method of the
construction Of San Francisco 10 he
egulateo by the new buflding law will
remove All uncertainties and enable
owners Of realty 10 proceed with def
aite understanding Of the building con-
litions that the city viii impose. This
action IS particularly opportune in view
Of the fact that the removal OF ehacks
and other temporary structures of more
2retentious size. that were erected in
ne emergency period Immediately fol-
loving the conha agration Of 1906. viii
soon begin, this having been ordered by
.he board Of supervisors. The building
law VIII clear the way for improve
uents calculated to III such outlay as
-he rental earning capacity of various
leighDorhoods must suggest to the
wise and Judicious.
The action Of the commercial bodies
which are representative Of nearly ali
business and financial interests of San
ranciscO, shows that the imperative
need Of an auditorium Of dimensions
dequate TO the needs of any national
is appreciated by the COM
nunity AT large.
II San Francisco were a new town
inspired with ali conceivable enterprise
and energy, il would.be almost impos-