Oakland Tribune from Oakland, California • Page 14

SATURDAY EVENING. APRIL 13, 1S0T.N WEMM MOT AND: IrW.fRfF. I GHQWDING OUT RESIDENCES FOR BUSINESS BLOCKS! ER TENTHMJD JEFFERSON FOUR STURV BUILDIiJGFOR fJORTHEfiST GDRrJ 1 S3 fAtiMniTinM TT.VPAVATTn 4 -v-- -so 4 SNYDER AND COPLEY'S EW BUILDING, NORTHEAST CORNER JEFFERSON AND TENTH. OF P. EDOFF BLOCK.

EAST SIDE OF BETWEEN EIGHTEENTH AND NINETEENTH STREETS. Enterprising Citizens Are Helping Courageously Sfe of a Large Three-Story and Basement Building of Steel Side of Broadway Distrid term of five years at, a monthly rental of $400 per month. ground floor Is to contain six stores on the Jeffer A. J. Snyder and II.

V. Cooley are erecting a modern four-story building at the northeast corner of Tenth and The accompanying illustration hows the excavation which -has been made for the business block which J. P. Edoff is putting up on his property on the east side of Broadway between Eighteenth and Nineteenth streets. Nearly 66,000 loads of earth have been taken from this excavation.

Other excavations are being made at several ootots in the business quarter, where BIG SALE OF ESTUARY PREPARING PLANS FOR NEW Y. M. C. A. BUILDING i Some Delays Experienced Owing to the Difficulty of Clearing the Site of the Structure.

CONTRACTORS FIGURING ON ARCADE HO TEL PLA NS Structure Will Have a Very Plain Exterior But Will Be Otherwise Strictly Up-to-Dale. Prices Have Advanced Enormously in Two The new plans of the building to be erected on the lot recently purchased at the northwest corner of Ho-bart street and Telegraph avenue by the 'Young Men's Christian Association are In course of preparation and will be completed within two, or three "AH the 'old buildings on the property have been Bald Secretary Horn this week, "but the Years Home Building in Alameda. Concrete and Brick. even larger amounts of earth have had to be removed to make room for the basements and foundations, and there are a large number of new buildings being hAd back simply because men and teams for excavating are unobtainable. The Edoff building will cost complete over $80,000.

It has been leased for a term of years before it has been LAND ON WATER FRONT tract is building up rapidly, the-Oak Lawn tract Is selling well and the Bay View tract Is coming In for a share of the sales. All of these tracts have been opened up during the, past six months and have gone far beyond the sanguine expectations dealers. In the west end there are more than slxtv houses under construction at present. The fact that this section is nearer San Francisco by ten minutes than any other part of the city is having much to do with Its upbuilding. An excellent bay view is afforded and boating can be Indulged in the whole year around.

HOME BUILDING. The Alameda Land Company has under construction a number of pretty bungalows in different -section? of the city and-reports that they are selling as fast as built. Delanoy and Rand-lett intend ereetlng a number of homes this month. here, they were doing a business val-ued at $32,000,000 a year. Since the refugees' have made their homes and located their stores and manufactories NEW WAREHOUSES ON HARBOR'S SOUTH SHORE Expansion of a Big Group of Storage Establishments 6n the Alameda Marsh.

ALAMEDA; April IS. The week has been one of activity among tne realty dealers and a number of large deals are in abeyance. WATER FRONT SALE. A aale is reported under way that affects a large piece of water front property. The remarkable Increase in value of the water front land has been a matter of much comment In realty circles.

All along7 the estuary values have increased Vhree fold. Water front land on the Oakland side of the estuary, which was purchased for $40 000 two years ago, yesterday sold for $200,000. The tract is situated between the works of the Union and the Standard Gas Engine Companies. HOME SITES IN DEMAND. There is an increasing demand for suitable home sites and every i locality is favored.

In' the west end there Is remarkable The Mastlck 1 built. The bufidlne will, be stories and basement and wi be con- structed of concrete, brick 4nd steel.1 The illustration shows the skeleton of the framework for the construction off the concrete walls in place, yhe illustration also shows in a marked manner how business is raiding the fresldence quarters of this city under tie stlmu- lus of Its present extraordinary, growth. Big Brick Business Bloc! of W. P. Fullec.

Co. to Bo Rushed at Once. Manager Downey says work on the new three-story and basement brick business block of W. P. Fuilier to be erected at the southwest corner of Tenth and Alice streets, will begin at once.

The contractors 'are Cotton Bros. The big building will be rushed to completion as rapidly as possible. SALE OF UPPER Hawley Tract Bought by a Syndicate of San Eran- ci scans. A deed recorded this week from George T. Hawley and- wife i to F.

J. Sollnsky conveying the Hawley tract, or former Callaghan property containing twenty-five acresf situate at' the corner of Hopkins street and the Red-, vood road, Upper Fruitvale, places an-V other one of the choicest holdings 1tj that section of the city into the subdivision market. The purchaser, it is understood, represents a syndicate of San Francisco capitalists, who expect to subdivide the property once. The consideration, it is said; approx- i imates $50,000, all of which was a cash, sale showing that the company which will develop the property has plenty ot resources. i Doing Business Ajjaln, "When my friends 'thought I was about to take leave of this world, oh account of indigestion, nervousness and peneral debility," writes A.

A. Chisholan, Tread- XT V. whM it InnSfAfI nm if say that thy are curing me. am now do trig business asraln as of old, and am till dally." Best of all tonlo medicines. Guaranteed by Osgood's.

druirelsts. 7th and Broadway, and 12th and Washington. Oakland. 50 cents. VALUABLE ACREAGE-- ALMOST FOR JHEASING.

Let us marry you, let us marry you. landless man to the manless land. I There will then grow up around you a big family of domestic teomfort. wealth and blessing. W- offer you from one acre to any number acre- of as good land as there Is cm earth, with full water rights and! canals.

With thin land we give you an absolute guarantee of steady work an-1 good wages if you it. The rent you pay each month will pay for your land. SPECIAL Wehave effected an arrangement with the owner to interview all parties at our office on Saturday and Monday next. The owner leaves Monday evening for the property, and will be giad to have as many as desir? accompany him to personally inspect the property, i Only those deslmua pf easily! acquiring land need I HOLCOMB REALTY' COMPANY (InTestor. of Capital)! 1 308 SAN PABLO AVENUE, Oakland, California.

5 FRUITVALE LAND to Expand the son street frontage. -'The building will have a frontage of fifty feet on Tenth street. A. W. Smith Is the architect.

by Mr. McNear and instructions were given to modify the plans accordingly. To do so, the architect had to strip the exterior of all of its ornamentation. The building when finished will. therefore, be very plain on the outside.

It will be one bf the strongest reinforced concrete structures In town, however, and the Interior arrangements and appointments up-to-date in every respect. The plans are now In the hands of contractors who are fig uring on them in order to bid. It is expected that an award will be made within the next three weeks, when work will be resumed. BIG REALTY Eighty-eight Acres in Fruitvale to Be Cut Up. tipper A deed was recorded thia from the O.

Shafter Estate Company to C. H. Ellassen, which conveyed the title to eighty-eight acres at the corner of Hopkins street and the Redwood road, Upper Fruitvale. The property was purchased by local capitalists for investment and subdivision, all of the surrounding property on three sides being subdivided. The property conveyed lies In the direct line of the new proposed transportation in that section.

It is understood that' the consideration is In the neighborhood of $125,000 and represents One of the heaviest transactions of the week. Mr. Laymance, of the Laymance Real Estate Company, through whom the deal was made, said: "There was more than one buyer for the tract. There is a big demand now for near-by suburban tracts owing- to the brisk trade in home sites. The tract has a natural elevation, affording perfect drainage, and will 1 make one of the prettiest subdivisions In that section, -j-nis, logetner witn tne rapid growth of Fruitvale and the incoming of new transportation, is making Fruitvale one of the most thickly populated suburbs of Oakland.

From the rapid growth of Fruitvale, It is some what of a surprise that, they did not annex to Oakland in the recent elec- tlon, but the large vote cast in favor! Of annexation shows how favorable the sentiment towards annexation is DEVELOPMENT OF PIEDMONT TERRACE The office of A. J. Snyder reports a lively sale of lots in A. J. Snyder's Piedmont Terrace-by-the-Lake.

having disposed of ten or twelve in the past The improvements planned for this tract promise its being a specially attractive and ideal home loca- i tion. The forest of eucalyptus trees TRANSACTION The concrete foundation for a storage warehouse is now being laid on the Alameda marsh adjacent to the spur track of the Southern Pacific Company's local Alameda line south of Webster street bridge, for ohn P. Maxwell, the hardware merchant. It will cover an area of 175 feet: fronting on the track by 164 feet in depth, the walls and roofing will be galvanized corrugated iron. Immediately to the east of the Max Jefferson streets at a cost of 50,000.

The building ia to contain 60 rooms, which have already, been leased for a buyers are having considerable difficulty In getting' housemovers to remove the structures. Housemovers have their handa full at present, as so many old buildings are being removed in various parts of the city In order to dear the lots for new Improvements. This is likely to occasion some delay to us to begin "work on the new association building." well warehouse is a storage warehouse B0X1B5 reet, constructed or the same materials, which is now receiving its finishing touches. has been built for Draper Thom. These two ware houses make quite an Imposing addi tion to the big group of warehouses which have been erected in that Quar ter within the last months.

These warehouses are eloquent witnesses of the, business -growth of Oakland. Whenever work Is resumed in the productive mines of that district new in- i vestments here will be made, as the Goldflelders have an unwavering faith in the early development of Oakland. Eastern capital Is coming in here steadily for Investment, was the recent assertion made by a very conservative but well-informed citizen who is on the inside of things. "But," be added, "several wholesale firms that have established warehouses on this side complain that the railroads are discriminating against them in the delivery of goods in order to force them to transfer their warehousing across the bay." If this is being done, the railroads have gone back to their old policy which was abandoned immedi ately after the San Francisco disaster. in order to give many of the whole salers whoso business blocks and stocks were destroyed by tha confla gratlon a-chance to rehabilitate.

WESTERN PACIFIC INVESTMENTS same citisen states," on the authority of Chief Engineer Bogue of the Western Pacific Railroad Company. The revised plans of the Arcade hotel have been finally adopted. "The original design was defective so defective that th contractors could not carry out their contract and the owner, McNear, had to arrange a compromise and release them. Then a change of architect followed and was employed to make new plans. The first elevation Mr.

Dickey prepared was very ornate and, if ca ried out, would nave made a very handsome structure. But an estimate of the cost showed that it would in volve an expenditure of $200,000. A limit of $150,000 was placed upon it FRONTING ON TWO AVENUES W. H. Weilbye Erecting a Three-, Story and Basement Building.

W. H. Weilbye has laid the foundation for a three-story and concrete basement block between Eighteenth I and Nineteenth streets, having one frontage on Telegraph, avenue and the other on Broadway. The lot Is 50 feet wide and 180 feet long. It is not intended to divide the building on the basement or ground floors, but to make both frontages servi the same tenant.

The building above the ground floor will be a wooden, frame shell, with a thing exterior cement wall. As the building ia to be erected by dafy work under the supervision of the owner, the latter declines to jgive any estimates of cost. that thd plans of the corporation involve the expenditure In Oakland of approximately The Western Pacific Company has bought a lot of property along the line of 'Wood street, enough of a frontage, it Is said, to represent va majority petition for the privileges that it desires on that thoroughfare, as it had when it applied for a franchise on Third street, and irrespective jot any mandatory clause in the charter binding the council to grant the privilege. The Santa Fe is also said to be similarly equipped for the privileges which it Is also seeking on Wooof street Whooping Ccugh. I have used Chamberlain's Cough Remedy in my family in cae of -whooping cough, and want to tell you that it ta the bat medicine I have ever used.

W. P. Guton. Posco. Ga.

This remedy Is safe and sure. For sale by Oasrood 7 th and Broadway and corner Twelfth and Washington streets. Lash's Kidney and LJver B'tters ex pe' ail poisons and Impart renewed life- and energy to the whole system. jCk. 'X' -trt.

X. -c. Tin Kind tea l.jw wwjts Bcura ORGANIZING A CHINESE BMK IN OAKLAND Big Capitalized Institution to Be Loiated at the Northwest Corner of Fifth and Harrison Streets. REALTY INVESTMENTS OF OUTSIDE CAPITAL Tacoma, Los Angeles, Goldtield and, Eastern Money Is Being Put fnfo Oakland Property, In thisv city, the major part of thatJfh hODe ieft. i was ibersuaded 'A Chinese banking corporation is being organized in this city to occupy the premises at the northwest corner of Fifth and Harrison streets.

The board of directors consists of the following Chinese merchants. Chun York Gee. Chun Yuen Tee, Yee Chan Ting Ching Hing. Ng Hee Wing, Low Hee King, Fong Hing, Tin Ell, Yee Wan Hin, Loui Sing, Lee Ting Fong. Chun Goon Sack, Ho Johnson, Lee Tuck Wah and Lee E1L The last named in the list, who is also known Look Poong Shaw, has been elected president.

Other officers of the bank have not yet been named. It is to incorporate vith a capital of $1,000,000. Of 'this over $200,000 has been subscribed up to date. It will be named the Canton bank, and will do a general commercial business, dealing in- foreign exchange a one of Its specialties The bulk of the banking business of the large Chinese colony located here is now being done in local banks. The necessity for a bank of their own here is based by the Chinese merchants ion the ground that- before' the earthquake and fire, which destroyed the Chinese quarters In San Franclsor and rev tiM colony to ek tafus "It may Interest you to know," said Edwin Stearns, secretary 1 of the Chamber of Commerce, in recent Interview, "that the recent entertainment by the Chamber of Commerce of Seattle and Tacoma representative commercial men has borne big fruits here already.

I know as' a certainty that one of the Tacoma delegation has Invested 1119,000 In Oakland realty. iHott many more may have followed his example I cannot tell. But It is litot at all lmprohabla that many of I them realized that Oakland has a great before it and did the same thing." t-, -y- LOS CAPITAL. Zx 'Angeles money has been largely invested here, and, accoVdlng to inside I accounts, there is a whole lot more of I it likely to be Invested in a very short time in what is regarded generally "as gilt-edged property In the business quarter. -r'.

GOLDFIELD INVESTORS. Cp to the-tline of the lockout In Goldfleldmany'of the mine owners in that Nevada district were investing their money. In realty here freely. business is transacted here. ifsliD OF TRANSFERS Nearly a 'Thousand More Them Filed in the Recorder's Office.

of County -Recorder Grim reports the following list of transfers filed for record In his office during the week ending Wednesday: Thursday ...125 Friday ..192 Saturday (half 80 Monday 200 Tuesday -MS Wednesday- -v 129 has removed and the street work is now under way. The new homes that have already been planned will transform this which lies to the east of Linda Vista, into a strong rival to that home district..