Oakland Tribune from Oakland, California • Page 7

VOL. LXXH. CALIFORNIA, SUNDAY MORNING, JANUARY 2, 1910. 11 i PAGES 7 TO. 12 NO, 128.

1 -TO iij vopening: or new year hopeful last Year's Trading Is Opening of the New Manzsnita Grammar School at Fruit- va5; ivvv rj Very Satisfactory This Year Promises Great. Results The real estate market is. of course, still in the holiday doldrums, as it always is at this time of the year. There is nothing, therefore, unexpected in the situation. Xor is Oakland any exception in this respect I to any other city on the Pacific Coast.

They are all experiencing the same conditions this time of the year. Every one in the business counts on a slack time until the Xew Year opens. The situation does not, consequently, discotir-. age anvbody. wy fhose who have deposits 'in savings banks 'are indisposed to I Fill -m Jvf itt vale Tomorrow All departments" of.

the citv government are gradually extending their jurisdiction over tlie, recently territory. Tomorrow the Hoard of Education take over and install classes in- the 'Manzanita Grammar School, located on Twenty-sixth street, between Twenty-fourth and- Twenty-fifth avenue, in hniitvale. as it is so near completion that it is ready for oc cupation. The building has been erected under a school district bond issue. It was designed by Architect F.

V. Yoorhees, and represents a- cost of A perspective of -the': new' school is shown on the next page. It contains eight a principal's Office, teachers' lockcr-roomr library and kitchen. It is heated by a blower- hot air system, and its sanitary arrangements are as perfect as modern science has up-to-date developed. Sixteen School Buildings Added to Oakland Oakland takes over sixteen schools, including tlie John C.

Fremont lligli School at Melrose, located in the annexed district. Thirteen of these were in use at tlie time the annexation, election was held. Three of them, including tlie Manzanita Grammar School, were in an unfinished stte at that time. The Manzanita is the first of the new school buildings to be completed and occupied. The other two will be crowded to completion as rapidly as possible, as they are greatly needed to meet the growing wants of the districts in which they are located, as the neighboring territory is filling up with new settlers at a great rate, new residences being built in all directions.

WESTERN PACIFIC THROUGH FREIGI First Train From Salt Lake Arrived, in Oakland During Past Week The first through freight trains of twenty-six cars reached Oakland over the track, of the "Western Pacific from Salt Lake this week. Through traffic was delayed for a time by landslides In t. Feather river canyon which temporarily blocked the frack. Eleven locomotives were caught In the blockade. The opening pf throng! freight from Salt Lake to.

Oakland has occurred without any tooting of horns or iouris'i of trumpets, but its meaning is significant to all interests In Oakland and to none is it of greater significance than it is to realty Interests and values oa the south side of the city. Up to date, however, popular reaization of the fact thatanother transcontinental raiiroa! Is in actual operation does not seem t. have developed. The on th part of. property owners and prospective Investors appears to be to walj; the Western Pacific Company's plana are more fully unfolded.

Then tire property suitable for warehousing adjacent to the company's freight depots will be in den. and, for the whole of the south side territory tributary to the trunk lilies of both the Pacific and the "Western Pacific companies is des- to be devoted in the near future warehousing- and, manufacturing. There has not been any boom in real estate. That has never been desired or sought for', because booms are visually followed bv depressing reactions and reac tionary conditions in the realty market are what every dealer in real estate dreads above everything. Through the past' year there has been much more than the average trading of late years and an absence of anything tainted with the suspicion of speculation, although no city oh the Pacific Coast, and possibly no city in the United" States has offered during the past year such an attractive field for speculation' as Oakland and its environs have.

The speculative fever may break out during the year just opened. If it does it will be due to natural, not artificial, conditions. It is not being invited but when conditions are as favorable as they now promise to be in Oakland this year it may be impossible to prevent a stampede and stay the speculative tide. Oakland on the I Eve of Great Change That Oakland is on the eve of great and important changes is self-evident to the most obtuse intelligence. The bonding of the cirv for water front improve ments by a practically unanimous vote has been impressive in its outside effect.

That is shown clearly in the report just made by the United States Army Kn-gineer-in-Charge of Pacific Coast harbors and rivers, Lieutenant Colonel John Diddle, to the War Department, in which he recommends tlie appropriation by Con gress of his estimates of the cost of deepening the channel in Oakland harbor to the thirtv-foot level below ordinary low tide and the glowing tribute he pays to this harbor as a coming seat of commerce as the direct result of the city's enterprise in voting bonds for the beginning of the development of facilities here for the accommodation of the. largest vessels afloat and the economical combination which these facilities will afford Will by bringing ocean-going ships and railroad cars together. The improvements planned for Oakland's water front will soon be in full swing. Xo time is being lost in their initiation. The preliminaries are It will not be long before Oakland awakens to the realization that actual' work on them has begun.

Then there will be a great awakening not only in this community itself, but in 'the center! of trade and commerce and finance abroad. Indeed, the Jatter are likely to be the first to have an ,1 i it means for Oakland's future I and thus reap the greater benefit from it. Our own people have been so long accustomed to a condition of innocuous desuetude that the- are apt to be slow-in interpreting the meaning of the coming change. Put it is coming, as sure as fate, with a rush, and if they fail to profit by it they can blame no one and nothing but themselves and- their own dullness of comprehension. at: UZZTJ' It X'X New Bungalow in East Oakland, Heights H.

H. McDonald Is building for himself on Van Dyke street, East Oakland Heights, a handsome bung-alow de.sljrned by Architect Thomas T. N'ewsom. The buihfing Is to be ail finished Inside hardwood. It will contain a tiled bathroom.

The Interior will be mission finished, with colonial seats throughout and will cost $3000. dull in the last week. ery -few permits were issued and only one for a dwelling to cost more than $1500. It is expected, however, there will, be a decided improvement before many days have passed and when all have' recovered from the holiday festivities. Following are the permits issued this week: Orr Davies for alterations to garage at llir I lastg-street, $3Sf.

II. Chamberlain for' one-story six-room dwelling- In street, S3450. II. A. lladerlund for one-story four-room dwelling and stor? in Ninth-street, $SOO.

Mrs. Kitty B. Hall" for one and a half story four-room dwelling in Stanage street. $1000. J.

F. C. Stahl for one-story five-room dwelling in Berkeley way, $1500. T. T.

Frickstad for one-story five-room dwelling In Henry street, $1500. J. H. Holland for shop and addition to dwelling- in. -Harrison tret, $100.

i jr jr. iin Tiir firnuvifiu inn PUBLIC PARKLANDS 'The Willows' Is Being Graded and Will Soon Be Laid Out for Public Use Park Oonimlssion is- one of the most active bodies in the municipal administration. In addition to assuming jurisdiction; ovor tlie trees adorninp the sidewalks tn tlie residential quarters of the city, in an effort to pave them from destruction, the Commission is putting the several park properties in Its charge in a condition for pr.Wic use at the earliest possible opportunity. At the present time, the old Willows property, on which the municipal salt water pumping station 5s located. is being plowed, graded and leveled off, preparatory to parking.

The commission is planning for extensive operations during the'inext fiscal year, and if the estimates it has made are incorporated in the wst tax levy by the Council, all of the park properties of Oakland will un-deigo a remarkable transformation and add greatly to the values of property in thv-ir neighborhood. As it is the assessed value of all private property near the city's public parks has enhanced enormously during the past three years. LIUORE TO HAVE CARNEGIE LIBRARY Bonds Authorized to Buy the LotStructure to Cost $15,000 THE TRIBUNE recently referred to the Intention of the people of Eivermore to. incur an Indebtedness of $10,000 for a block of land in the center of the town on which a $15,000 Carnegie free 'public library was to be erected and the surroundings thereof handsomely parked in lawns and flower beds. The bonds car- bried at an election held on December 27..

Plans for the r.ew library have been drawn by Architect V. 51. Wekas and adopted by the library trustees. The building will be constructed, of concrete and pressed brick. Construction will be started as soon as possible.

Tiie structure has been drawri externally on Colonial lines, with stately pillows and severe decorations. In e-ddition to the parking of the tract surrounding the library, cement walks will be laid through the grounds and crosswalks will connect the four corners of the building with the streets on either side of It. A handsome fountain Is to be erected in front of the library and artistic benches will be placed at various places in the park, for the accommodation of visitors. InHnnniil make a draft on them lor any purpose at the close of the yeiir and sacrifice, in so doing, the dividends earned. Even so-called f-iaps" are unattractive at this to the average -speculator investor in realty.) After bank dividends shall have been declared and distributed, then i- hp a ooseninir nn 01 bank acco-unts.

Such has been the experience for an number of past years. Such is the belief of realty men generally -will be the conditions here after the Xew Year opens His- torv repeats itself in matters of this kind annually. It Us as-wJuhied that if there is any dift'er-V ence between this Xew Year and anv one preceding ft, that it will show a more active realty market a greater desire on- the part of those who have available funds to invest them in real estate where there is a promise of bigger returns than ordinary savings bank interest. Most Promising of All New Years The year 1010 opens in Oakland as' the most promising of all Xew Years it has experienced. There are a great; many; more millions to be spent this year in public and private improvements than, have ever been in sight at the opening of a new year before.

Indications arc strong that from $15,000,000 to $120,000,000 will be spent in Oakland in all events works costing that amount will be well under way. That means, of course, an indefinite number of millions to be collaterally spent in enterprises and improvements not now in evidence, but which are in course of incubation' and which will materialize as the known improvements to be made are matured. Movement in the Newly Annexed District Already the recently annexed district is beginning to feel the! impulse of its changed political relationship. Properly which has -been up to the present time in dormant state is being subdivid-l ed into, town lots which, when' thrown on the market, are being bought eagerly and improvements started without delay. The annexed district is responding promptly to the influences-of the municipal advantages that are beginning to be extended to it and which, when the new fiscal ycuir begins on July 3, it will enjoy, in all the amplitude which the older part of the city is endowed.

Retrospective and Prospective All of the real estate dealers of Oakland are now in a retrospective and prospective mciod. The past year has been, takcli as jjhe whole, quite satisfactory. Jf BERKELEY REALTY DEALERS SANGUINE Looking Forward to a Season of Great Activity-Temporary Lull in Building HERKELKV, Dec. 31. As was expect ed by the brokers the aftermath of Christmas saw no change in real estate conditions, byt beginning next week the dealers hxjk for the market to pick up briskly and continue its upward tendency well Into the spring.

They are all still sanguine that the next three or four months will be the best this city has ever known. All agents in this locality have a number of choice bargains in the way of homes and home sites that they expect to sell rapidly. Despite tlie celebration of the holidays several nice sales were made In last week. Xane of them involved much money in tlie transaction but it showed the investors to on the lookout for (food buys ajid snapping them up fast as they appear, holidays or not. as M- though they cannot tell why they thihik so, most of the brokers believe the laijce majority of the sales in the nxt monms win to nnniPsfcKers from ron without Alameda county.

Thy areof the orjinion the buyers will be of a desirable class who are comjig liere to locate largely because of the pei lor school facilities. The romnHnoemeiit of ticl ual hv the S.mfhem Tmitlc Company in buildins: in Kllsworth to Hi ston way campus entivuice will. It is believed, create a much larger demand for property In the eastern section of the city than ever before: The lmilUflng of this branch road will make this pr-ticidar section of Berkeley far more 4c-cessihle to San Francisco and will cjb-viate the nei-essity of taking a ropey to reach a train for the ferries. From a building standpoint the ftjal estate sltuaUon In. this city has beea v4: i "Si i 7 1 AT BIG REALTY SALE Oil CLAY STREET A.

J. Snyder Closed the Old Year With a $60,000 Transaction The handsome business block on the northwest corner of Clay and Eighth streets with a frontage of 5(1x100 feet has been sold by A. .1. Snvdef. "That the lower portion of Clay street is still holding its own with the other business sections of the city," said Mr.

Snyder in an interview Friday, "is evidenced hv th sale we closed today to Magnus Kiiels- burg. formerly of Seattle, of the hanrl- some three-story concrete building on the normwesi corner or lav and Eighth streets now occupied by the Pacific Coast nattan eompany. who lias been dolm; -i piusperous uuisiness in this location for the past several years." "It is pleasing to note the stability of values in this locality." continued r. Snyder, "'this Lelng tlie second piece of business property in this locality that we liave sold to Mr. KJelsberg within the last few months, the former prices being fifty feet on Eighth street between Clav and "Washington streets, which also brought a -very handsome price.

"Our country department has also closed a large sale this week comprising 175 acres in the heart of the Santa Clara valley, just a few miles out of San Jose. This Is one of the most highlv improved and cultivated fruit ranches in the State and is considered a bareatn at the price of which was paid for the rue by Messrs. Ralph Kaiser and Jaclc Udd- man of San Francisco.".