The San Francisco call., 1910-03-12
REPORT BY WARDS

REPORT BY WARDS
First ward ...... "a SCI. 1873
Second ward - Io,635 G
Third ward - 9 49T G
Fourth ward .....-...-.... o1,ote.e
Flfth ward ...-.......-.. 4 oS'59o L. :
sixth ward ;...-'........- a. .,'S5o 9'S5o' =
Seventh ward ....,.....-.. 81 4l'%Zo.o
Total .................. lOz S<l5,ooS-S
ALTON PARK SALE
The Realty syndicate is planning t
accommodate a big crowd at Alto
park today. The announcement tha
they propose TO sell these lots has ere
ated a great deal of interest amon
realty buyers, as it is a piece of prop
erty that for some time has bee
watched by the investing public, VIII
have shown a disposition TO take hol
of it as soon as the opportunity afford
ed. Nat NJ. Crossley of the syndicat
said:
In connection with the sale to-
day of Alton park at Fortieth and
Broadway, we desire to state that
building restrictions will be
strictly enforced upon all lot buy
ers and that no houses will be per
mitted to be erected costing less
than $4,000 each. In taking this
stand We are insuring the public
that Alton park will be built up
by desirable people and that each
street will be beautified by attract
i've cottages and bungalows. We
have seen so many tracts ruined
by undesirable shacks and there
seems TO be such general de-
mand for medium priced lots in
good neighborhoods that we have
Concluded to keep out of Alton
park the Objectionable features so
often prevalent elsewhere.
This property. is the. first of a
series of Subdivisions that we are
going to open and we are naturally
very anxious to see II develop into
a neighborhood of attractive homes.
In fact we propose TO use Alton
park to point to in the future as
an example Of our tract develop
ment, and, of course, will see to it
that no buildings are erected that
do not comply with the restrictions
calling for houses costing $4,000 or
more.
We figure to make the property
as uniformly desirable as are "a
number of the built UP blocks in
the Santa Fe tracts where 35 foot
more than we ask at Alton park.
The homes Will in all probability
consist of artistic bungalows and
five or six room cottages with here
and there scattered a residence of
more pretentious character.
Crossley said that the syndicate
expects to sell at least $4,000
worth of these lots today and that
at least $50, 600 worth have been
sold since Monday last. Judging
by the overwhelming amount of
inquiries that are coming into
headquarters there will be hun
dreds of buyers upon the property.
and in all probability every lot in
the tract viii be sold within The
next 4S hours.
BUSINESS
N. T. Minney, president of the Min
company, said:
We could not wish for a more
active real estate market; the prin-
cipal difficulty that we are expert
encing now is the taking proper
care of our large and rapidly in
creasing business. Our suburban
business has taken on such large
proportions that we have decided
to dispense with all other features
of our business. Hereafter we will
concentrate our efforts entirely
upon the subdivision, development
and sale of suburban properties.
Looking to this end we have, for
the last several months. given par
ticular attention to the purchasing
and securing of several of the very
best properties to be had in Oak
lands newly annexed district.
Our Melrose heights proved sucfi
an immense success that we have had
no difficulty in securing plenty of
financial backing to enable us to
purchase three or four more of the
best tracts of land to be had in the
eastern portion of Oakland. We
have secured about the only de-
sirable pieces still undivided in
that section.
In Iveywood we have sold over
zoo lots, although our map was only
fling of the map was somewhat
delayed by the making of new
specifications of street work in the
tract to be done in accordance with
Ill Asf a
street work in our properties here
after will be done under the super
vision of Oakland's street depart
ment. superintendent of Streets
Howe already has an inspector on
the job every day in Iveywood.
Because of the immense success
of our opening sale of Iveywood
we have decided to rush the open
ing sale of the fine orchard piece
lying between Iveywood and Broad
moor. which is portion of the
Dunsmuir property. We are going
to build a splendid boulevard. be-
ginning at the Foothill boulevard
and running down through the
DunSmuir property and Iyeywood
and connecting also with one of the
wide thoroughfares in Broadmoor.
The Southern Pacific company is no,
clearing its right of way for the con
struction of the electric line in thi
section. The company will have thre
stations on our tracts; one in Broad
moor, one in Iveywood and one in tn
Dunsmuir property, which will b
known as Iveywood extension. w
are especially pleased with the read
iness with which we have secured finan
cial backing for the development O
our properties. No better evidence O
public confidence could possibly b
shown. We have plans under wa
for the development of some othe
properties which are undoubtedl
among the choicest to be had in Ala
media county. The announcement O
these plans, we believe, will prove a.
agreeable surprise to any one VIII
may be>in the market for high clas
home sites.
PROPERTY IN GOOD DEMAND
The Bright-Merrill company report
distinct feeling of spring activity al