Oakland Tribune from Oakland, California • Page 45

1 Business Commerce Bond Stock Markets IWUUUUUF VYY YVWyV' NO. 55. PAGES 45 TO 56 OAKLAND, CALIFORNIA, SUNDAY JMORNING, OCTOBER 15, 1916. VOL. LXXXVI.

BOOM CONTINUES IN. HOME BUILDING THIS PMOTO THF nWFI I Mfi MDI I.QF.Q MOW APT MAI I 1 1 mNlfsTRI IPTIDM IM TMF I AlF ni.9TRIP.T?. OM Al I TRAP.TS AND IN Al I nFVFI OPMFNT; THF AflfiRFfiATF Pn5T IS R94n.47F5: OUTSIDERS All California Feels Interest in Convention The next quarterly meeting of the California Development Board Is to be held at San' Bernardino. November 24 and 26. This meeting ia of Interest and im portance to all California, because of the effort which Is being put forth by Kouthern California counties to organise special trains from San Francisco and Oakland to carry delegates and visitors to the meeting.

In view of the nearness of new legislation, the program will be largely of legislative Interest; every phase of com mercial and State development legislation will be discussed. The president of the board, William J. Dutton, appointed a committee, with Milton H. Esberg, chairman, and Messrs. A.

B. C. Dohr-mann and R. B. Hale, to co-operate with Robert Newton Lynch, vice-president and manager, and W.

D. Egllbert, secretary. In formulating the program. Heavy Construction Follows Industrial Developments; Lake District Most Active ST ASK SURVEY I ESTUARY Atm tL 1J PROPERTIES SB Jti No. 2 Charles MacGregor, Lake-shore avenue 6800 No.3 S.

Quittman, Lakeshore avenue 6600 No. 4 Mrs. Stone, Lakashore avenue SO00 No. Alfred Cords, Lakeshore avenue 6500 No. 6 Charles MacGregor, Lake-shore avenue ...1.

6750 No. 7 Frederick Whitton, Boulevard way, four houses -testing re- i spectlvely J5500. S5T25. 16800 and J7500. WW Investment of -out-of-town capital In local property, both for speculation and for permanent Investment, was reported i linn wee irom u.u No.

8 William 30,000 brokerage "offices connected vith the Oakland Real Estate Recent exchanges of visits between Oakland business men and those of In To Real Estate Buyors and Owners The building boohi in the Lake'dlstrtct Is assuming still greater proportions. In the last week four houses have been started, bringing the total value of private dwellings actually In course of construction at the present time in the Luke district up to $240,475, or a larger number of fine homes than are actually In course of construction in all he rest of Oakland put together. The largest number of homes in course of. erection are In East Piedmont Heights closely by Crocker Highlands, Lakewood Park, Piedmont Knoll, and Pledmont-by-the-Lake. According to H.

A. tafler, the present building boom In the Lake district has been brought about largely by the Improvement and paving of Grand avenue, the Improvements carried on by the city around the northern end of Lake Merrltt and In Lakeside, takeshore and other parks scattered through this beautiful district, -together with excellent school facilities in the Lakeside school, with its fine supervised playground. The Lake district now contains nearly 1000 acres devoted to attractive homes, with their gardens, without a single business establishment detracting from the value of surrounding property. Doubt No. 9 William Schlrmer, Lakeshore avenue 4000 No.

10 Charles MacGregor, Lake-shore avenue ,6600 No. 11 B. A. Stewart, Harvard road 4500 Formal request ts 'to be made of the federal authorities at Washington by members of civic organizations of East Oakland and 'Alameda for an Immediate survey of the new Island being developed In Brooklyn basin with a view to making it the site of extensive warehouses for army and navy supplies and an emergency repair station for government craft. The organization Readers are In communication with federal officers and engineers of San Francisco on tne subject and the matter is to be taken up at the next meeting of the United Improvement Clpbs East of Lake Merritt and by its constituent organizations and by similar bodies of Alameda.

An official communication is to be sent to Washington and followed by letters from all of the civic and commercial organizations of both Oakland and Ala terior cities Is already resulting; In new business relations which are mutually beneficial. Several realty transactions have lately been closed as a "result of such tours and three are In process of negotiation In one office alone as the result of the recant entertalnmenttof delegation from Chlco by the Chamber of Commerce. Managers of local title concerns declare the percentage of business of their offices being; done for persons from Interior districts is greater than has ever been the case AH state that they have never before had so many transac No. 12 Lena M. Owens, Ashmount avenue 12,000 No.

13 CM Blabon, WUdwood avenue 7500 No. 14 Charles MacGresor, Lake-shore avenue 5700 No. 15 W. Boyd, EcLnta 'Ray avenue, two houses, each No. 16 B.

A. Stewart. Harvard road 4090 No. 17 Lerov Wagner, Santa Ray. avenue 7500 No.

18 Ia. Hill, Arlmo 6000 No. 19 P. M. Strang, Harvard road 6000 No.

20 Stewart, den Crescent 95O0 This bulletin contains only exceptional bargains in homes, investments and exchanges. They have been selected from a list of over 9,000 by experts. Only the choicest buys Will be featured in this bulletin weeKly. If you desire a bargain, one that is rightly valued in the respective line, see us. If you have a bargain that is rightly priced and really want to sell it, list it with No.

21 Frank A. Woodward, Claren- meda and by the city officials of both municipalities, v. Those Interested In the matter believe that local federal officers nd engineers, when asked to report to Washington re den Crescent 12,000 Ifo. 22 Banning Stewart, Claren- den Crescent 9500 No. 23 William S.

Gilberd, Claren- den Crescent 8000 No. 24 Klllot Johnson, Arlmo avenue 7600 No. 25 A. Wistrand, Mandana boulevard i i 6000 Additional houses not shown in the above group picture are the following: P. M.

Strane. Annerly avenue. 6000 garding the usefulness of this new island as a supply base for army and navy stores, will urge that it be used for that purpose and that the movement thus begun will prove successful. less a factor In the tremendous Influx of people Intck the hill district near Lake Merritt Is tjje giving over of various sections of the city near the waterfront to large industrial establishments. It Is the opinion of well-Informed real estate brokers that the building boom In the Lake district will result shortly in marked Increases In the value of Lake district property which, up to the present time, has been sold at very low figures.

A list-of dwelling houses now actually In course of erection in the Lake district, together with the names of builders, location and approximate cost. Is as follows numbers referring to group picture of houses on this paere: No. 1 Charles MacGregor, Lake-shore avenue $6000 EXCHANGES Sebastopol Ranch; splendid Income place of twelve acres, highly Improved, In closely settled community with all conveniences. $8500 clear. Will exchange for flats or other good Income to value.

See Mr. Dennlson. tions goins; through their offices as now. This Influx "of outside capital for Investment In local real estate is attributed to the remarkable arid rapid industrial development of the east, bay cities and the certainty of profits vto be made in investment in real estate In a rapidly growing industrial center. That the east bay district Is fast be-comingthe center of the automobile Industry of the.

west and that within the next five years every automobile concern of importance in the country will be delivering cars to western agencies from their Oakland manufacturing plants Is the prediction of the agent of such a concern who Is now in Oakland studying local Industrial conditions. That the-'use of the island by the gov F. R. Jordan, Lnkeshore avenue 4OA0 I Maasnerg, Fairbanks 6000 1 William Kerrigan, Warfleld avenue. 4500 William B.

Schirrqer, Lakeshore avenue 6000 RENT DEPARTMENT We have listed the most exclusive houses for rent In all districts. We make a specialty of only selecting the very choicest. Also have modern flats and apartments in the Claremont section. LOTS 4TH AVE. TERRACE, $925 Full sized lot near cars; fine view: good stir, roil nril rigs.

Price reduced from $13t0. A snap. Terms. See Mr. Woodman.

FRUITVALE AVE. BARGAIN, 78x150 Portland corner for Bay IOOiIOO; suitable for apartments 420,000 clear; will assume. See Mr. KlttreUe. 1240.47-6 Total Plans are being perfected for a plant to be, erected hy the Pscific Skates' ernment for such a purpose would be advantageous and economical Is admitted by local engineers and the benefit such a thing would be to the harbor and to the districts on both sides of Brooklyn basin, has appealed strongly to local clti-zers.

The question' was discussed at length before the members of the Oakland Ileal Estate Board at a recent meeting by Sessions of the Oakland Waterfront Company, who, Is Interesting local industries and owners of property along the inner harbor In the project as a means of adding vastly to the activity and welfare of the harbor. 4 Clear acreage practically level, on Foothill boulevard. Will exchange for close-In property and assume. See Mr. KlttreUe.

I streets, one-story, three-room dwelling, $450, Mrs. M. A. UndMom, Parker and Hille-j gass, alterations, i Arvid E. Olson, 2777 Park street, five-room dwelling, $2,400..

t- Walter Hieeins. 2137 Rose street, gar- Boap company on a site now being acquired on the inner harbor. The conesro Is headed by eastern capitalists who have been successful In the soap manufacturing business and are attracted by the rapid development of the San Francisco bay district. Puylng Installment Contracts ami clear lota for close-in property. Will assume If right.

See Mr. KlttreUe. Mr. Watson. I Only $30 per foot worth $50.

HOMES OBJECTS TO SILENT HUSBAND. CIV V. 4 A a 41. 1 a. Ernest John of Sloux City objects to a age, $100.

I T. H. Nevin, 2950 College. aVenue, alterations, $4,575. R.

-Whipple, 2425 Roosevelt, additions, $135. J. J. Martin, 2930 Otis, addition, $200. Frank Morton, 2512 Haste street, alterations.

S800. John Hood, 842 Panta Barbara, two- 1200 acre level land with plenty of water; fine subdivision proposition. To exchange for property. See Mr. KlttreUe.

Twenty-five acres improved, Napa county, $7000. Mortgage $2,500. Also seven-room home, six lots in jrOakliuul, $3000 Exchange idnfrlo silent husband. She Instituted suit A Certified Check Is the Bank's GUARANTEE of the Maker's FUNDS and SIGNATURE ADAMS POINT BUNGALOW Five rooms, breakfast room and garare: excellent view. Owner hus gone east.

Price reduced to $U60O for quick sale. ijberal terms. See Mr. Marx. for divorce against Ernest John, a traveling She says he has not spoken a word to her durinfr the last Lively Activity in All Realty Lines Continues in Berkeley Market.

four years, although they have lived together in tile same house. conlbinoa for income properly nu assume, oro Mx. Wiegel. story, six-room dwelling, $3,900. I Alex Adams, San Pablo and Cedar, al-.

terations and additions, $700. Mrs. J. F. Stephens, 1648 Russell, additions, $150.

MrA Walton, 2937 Magnolia, additions, $400. W. and O. Johnson. 1403 Aleatraz, one-story, four room dwelling, $1,750.

Alice Bentz, 2738 Prince street, garage, $150. H. A. Johnson, 2848 Derby, garage, $150. We' Specialize on A Title Insurance Policy ia the Title Insurance Company's Guarantee of the VALIDITY OF THE TITLE $1,000 REDUCTION On tills expensively finished Claremont home.

Has seven rooms, breakfast room, two baths, servant's room, garage. Termilf desired. See Mr. Marx. MOSS AVE.

BARGAIN Eight-room modern house, good condition; new heater, large lot, close to Oakland avenue; nn better location in Oakland. 'Ixt alone worth $1000; ran stand. Owner moved east; wires reduce price of $6500 to $1500 for Qiuiqlt sale. See Mr. Woodman.

BERKELEY. Oct. 14. With the advent of the fall months local real estate deal- ers, who have been tabulating and reviewing the business of the summer, find that this has been one of the most prus-perous years in realty and building additions to the wealth of the city for several years past. The market has not yet been definitely Interrupted by the rains-, and considerable business is yet in prospect, i Up to date, however, there has been a period which the dealers coild I WANT SMALL FLATS For seven-room cement home.

Fourth Avenue Height. Mortgage (1650. Also six acres. Corning, clear: lot 75x120 Foothill Boulevard; dear. See Mr.

Wiegel. San Francisco business block; modern, on a principal street; under lease. Price $60,000. Take good property as port payment. Bee Mr.

Watson. and which they find has been most prof- I To accept nn. uninsured title Is as unwise us to accept a stranger's uncertified check. of All Kinds on Real Estate' HAYWARD PROPERTY ltable. In a large measure there has been, a majority of the trading done in tract property.

The past two weeks have found Fifty-six acres on street; finest soli, good lm-vmWitii." Will exchange for lanrei1 ranch or Modern Bungalow of five rooms, sun porch, drive, way; lot 120 feet deep. A picturesque little home, surrounded by fruit trees, flowers and berries; close to Key Route and car lines. Terms like rent. See Mr. Weiss.

A Certificate of Title merely certifies to the "Record Title" several sales made in the tracts, Including Northbrae, Berkeley Heights, the two Cragmonts, Thousand Oaks, Arlington Heights and Villa, Kensington Park and OFFER city property. Worth $1000 per acre; WANTED. See Mr. Watson. C3r $8000 ADAMS POINT HOME other groups of property where desirable building sites still are to be had.

Clare-mont has also had a prosperous year, the several properties which bears that name 11- SOLD THIS COUNTRY A Title Insurance Policy Guarantees the Genuineness of the "Actual title" Modern in every respect. IrfJt $5000 bunk loan- at 0 per cent can stand. A wonderful opportunity. See Mr Weiss. SonoriDi County Poultry Knnch, 2 acres; only tueiity-flve miles from San Francisco; modern collate: 'incubator, brooder and chicken liouses und yitrils; fruit unci berries, sacrifice for $2000, on account of lieuih; terms If desired.

He Mr. Dennlsou. noting a number of sales. Karly October attention of dealers has been largely toward changes in ownership of near-lying country properties. Several desirable near-by rural sites are offered and a number of these already, have had takers.

Several of the dealers A PA11GALY. $220') 5 room (linage for sale hy owner; small amount down, like rent. 551! 47th. Teleg. ave.

AFTER'' 3 ISSUES The record may be perfect and the actual title worthless or Invalid. report valuable country pteces listed" re FINANCIAL $16,500 Adams Point Residence, consisting of living room, music room, stlning-room, five bedrooms, sleeping porch, maid's room, billiard room, basement and furnace; garage. Ixt The finest grounds bar none. Magnirieent view. $8K)0 bank loan at 6 per cent con remain.

Terms. See Mr. Weiss. Building Loans. 'Have plnn.

for financing apartments. Any amount up to $1.5,000. See Mr. KlttreUe. We can loan money to you, or we can loan money for you.

Personal, careful expert attention given to every detail, cently with them for exchange for city property. September aa a building month held well up to the year's record for other months, being largely In advance In the number of building permits issued and the outlay for improvements they represented over September In 1915. The ra- ALSO SOLD THB ADJOININO LOT ALSO SOLD Oakland Titled Insurance and Guaranty Company (Th omly Titla Insurance Com pan 7 of A limed- Countj. 1422 Broadway satxtt nssT-' in title work is TITLE nn A THIRD PROPERTT THEY SAW IT THE TRIBUNE. 1 pldity with which West Berkeley sitos i were previously noted to being coverel i with middle-pric homes continued, throughout the month.

In the University "section and Several of the tracts, a num-! ber of pretentious residences were started during the month. Among building per OAK. 1609 1527-1529 BROADWAY OAKUHD, GAL. 1424 Broadway, Oakland Bank References mits recently issued nave been tne following: Thomas Hart Adam and Fttti,.