The San Francisco call. [volume], January 26, 1907, Page 10, Image 10

About The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913

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10
Demand for Water Front
Property Is Growing
Wholesalers, Anxious to Get Near Docks
and the Railroad, Create a Boom
There is more inquiry for water front i |
property today than at any other time i
in the history of the city. At first •
the demand was confined to North :
Beach, but the movement has spread :
south, and now big- offers have been !
made and refused for land la East |
It is reported that two persons asked i
an owner in East street if lie would j
consider a proposition of $3000 a front j
foot, but were told there wan no in
tention on his part of celling auy of !
his holdings along tlie front.
This boom has been caused by the:
wholesalers, who are anxious to be:
near the docks and also to the rail- '
roads. The failure to get property \
along the front has created a boom
along parallel streets and there has
been a bijr demand for lots on Steuart.
Bcttery and Broadway, and, in fact, ,
In ail the district contingent to the j
water front- As an evidence of the
worth of property in this section may j
\u25a0fee mentioned the sale at the corner of|
Battery Ftrect and Broadway, where :
TO odd feet front, with a depth of 100
feet, was sold for over $1.0,000.
The new owner of this land Intends
to put up a class A building, which has
already beni leased at a big rental to
tv.-o manufacturers. This part of the
«ity will be far better built than it was
toefore the fire and there is more ac
tivity in rebuilding on the street from j
feast, as far west a* Sansome and north j
from California, than in any other por- \
tlon of the business section.
There 3s an unconfirmed report that !
the Government has decided to pur
chase a 50-foot frontage. €0 feet
deep, on Montgomery street, east of
the tuMrrasury, for $126,000, on which j
to build the new subtreasury bulld-
MW JAPA\ESB DISTHICT
The suCden boom in property in :
6outh Park, which puzzled all real :
i.-;i.!f dealers, has been explained. It
Is said to be due to the Japanese, who
have had their agents buy and lease all
the lots that were available. Several i
bis deals have been made during the j
week, not by the Japanese themselves, j
but through white agents, who are i
supposed to have done quite well in ]
acting for their clients.
South Park, according to those who.
believe they know what they are talk- I
jr.gr about, will be a regular Japanese i
city. It Is said -further that the Japan- !
ose Intend to make that climatically j
favored cpot one of the moet pic
turesque sections f>t San Francisco. It !
Is said that the Japanese will build
pretty homes there, will lay out the
park and maintain it like a garden,
£.nd will establish their art stores in
handsome buildings. The proximity to •
the Mail dock will help to keep busi- |
ness there. As South Park Is easily :
accessible, the Japanese say that cus- |
tomers will come there, and what will :
be an added attraction Is the fact that I
U will Mb a typical though a modern j
J.apanese city.
The Japanese fully realized what a i
gold mine Chinatown was to the Chi- j
n*>se, for. despite its squalor and dirt, \
visitors flocked there in great numbers, j
If tthe Japanese built a beautiful and
a clean Japanese town at South Park, I
having 6tores fully as modern and ac :
convenient as those In other parts of j
the city, they arguo that it will prove j
as attractive to the visitor as was the
old Chinatown. The purchasing and i
the leasing of South Park property I
ha* been conducted with great secrecy, \
but it is said that pretty nearly every i
doslrable lot has been taken and that j
building will be commenced there i
shortly.
SOUTH OP M4.HKKT
There has been a steady rise In |
value of land south of Market street, j
and Fourth street is enjoying an un- !
cxampled period of prosperity. There j
Is a Etory that about two months ago j
a well-known merchant asked the j
price of a lot on this street and was !
told that he could be Its owner for j
$ IS, OOO. He went away and told the i
holder that he could do better than
that. Last week he sought out the .
owner and said:
'"Well. I guess I will take that lot."
"Well, what will you give?"
"I will give you what you asked
for it. $18,000.'"
"Oh, well, that was two months j
ago," wae the reply. "There has been
a steady rise In values since then. I |
tell you what I will do. I will let I
you have it for 525,006, and you can
regard it as one of the best pickups
In the city."
This is the history of all the prop
erty south of Market. It has been not
« gradual rise in values, but an un- j
fcirrcedented one.
Vice President A. P. Glanninni of the
Bank of Italy, in speaking of the situ
ation, remarked: "One of the most
encouraging 6igns is that there is no j
lack of tenants. A building is hardly t
mentioned as likely to be built before j
there are half a dozen people read*y to I
take a long lease. Of course, the
weather has had something to do with 1
the market being quiet for the last j
two weeks, but everything is going j
along satisfactorily. You can already
icel that there will be a big boom in
feullding, as there are any number of
Inquiries as to the procuring of ma
terial. I understand that a boom In
property in Pacific street, east of
K^amy. has been started. A large
jiumber of leases has been executed
doog that street within the last few
days end that thoroughfare will, I pre
sume, be given aver to that class of
bouses which will cater to the pleas-
Ores of those- that go down to the sea
In big chips. This much I know, t..at
there has been a big Jump in values
lately and a great eagerness to acquire
property there. • . .
"One thing should not be lost sight
At' There Is no no demand for the
temporary building. Men who are do
ir.s business uptown and are desirous
of coming downtown never ask for a
temporary place of business. They all
want permanent buildings and are par
ticular as to the character of any they
iftk to lease."
RETAIL. DISTRICT
The fact that the dry goods house
6f Samuels will occupy the northwest
/•orner of Stockton and O'Farrell will
give an Impetus to the movement to
build up Stockton street. There are
rumors that there has been a hitch In
tb« negotiations between F. J. Sullivan
and the White House people with re
frard to the property on the corner
of Sutter street and Grant avenue. It
1* reported that the White House peo
ple are anxious tor the site, but the
owner Is not of the m»zD9 mind he
was a few days ago.
Polk street, north of Lombard, which
hac been neglected, may expect a boom.
In the opinion of experts. Its neglect
was due to Its bring without adequate
car communication, bet when the elec
tric line Is extended out to Union street
-and Polk Is made more accessible. It
will gain in favor. Property along
Polk. Vallejo, Chestnut, Jackson, Green,
Greenwich, Filbert and other streets
\u25a0which run parallel la more valuable
than It was before the fire, and this
Is accounted for by the proposed better
'car service, and also by the bnlldlnc
of the transport docks at Fort Mason.
Making that place the military head
\u25a0 quarters will naturally help to bclld cp
'that part of th« cltr,
building lots out by the Preeidio. and
considerable activity near the depot of
the Ocean Shore line on Eleventh
street. Investors in homes are look- j
ing forward to the opening of the
Parkside tract. It will be thrown oj>«-n
for eale on February S, and its pro
moters are expecting that tl»e lots will
bell with great rapidity.
SALE O.V SIXTH STREET
Harrigan, Weldenmuller & Rosen
stirn. Inc., report another active week,
both in the selling and leasing depart
ments. D. Hamburger & Co. have
purchased through their ofilce from
Julius EJsenbach the lot on the north
east corner of Sixth and Clary streets.
This property lias a frontage of eighty
feet on Sixth street by a uniform depth
of 137 4 feet, and fronting: on Clara
street. The price paid was about
$57,000. This is the first large sale of
Sixth -street property, and shows the
healthy state of the realty market, for
by deducting the insurance received on
'• the improvements destroyed by the late
fire, the seller lias realized almost the
sam<> value as the price pai< »or the
property before the lire. Following is
j a list of other tales made by this firm:
For the account of Mrm. Alice 12. Roberts, the
property on th« east lice of Van Ness aTenue, !
<:•> !•\u25a0>\u25a0! south of Union t>:r<-tt. 33x125 feet, to H. I
Mohr, for $tOOO.
For tiie account of Edward Phillips, the lot!
ca the ••ast line of Hyde 6treet, 87:0 north of I
<;»i.!\. 23x87:4, to I> Hamburger & Co., for
For the estate of M. Scliusßler. the lot on the
; «v<* i Hot- of Diamond tslrect, south of Twentieth.
These agents report the following j
i leases:
For E. J. Tub in and Tbom»s Driseoll of tie
nibcrnia BuTinjw and Loan Society, the fire- .
Ktorr and basement brick building now in course
lof cou'trucUou on the south tilde of Market
I street, between Sixth and Seventh, to a client of
theirs for a term of ten jean at a tutal rental
of $144,000.
For the account of the Frank 11. Wood* TruM !
Company, the three-Mory and basement brick
j budding bow in course of construction on the
I nortueaiit corner of Battery and Commercial
! ttreets to N. A. Doru for a term of il»e years
at a total rental of JIS.OOO.
For the account of Adam BUnrbl to the New-
San Francisco Fish Market, the 6tore and ba»e-
I ment on the northwest corner of Merchant «iid
j Sansome streets for a term of fire years at a
! total rental of $9000.
For the account of William Mooser. the store
' at SOOT Sacramento etreet for a term of five
| years at a total rental of Jl-itu.
E. F. Schutte is building in Dolores
. street, between Twenty-second and
! Twenty-third streets, five f^ats of four
I rooms and bath each, in Oriental style
and all modern, up-to-date improve-
I ments. The architect and builder is
I J. C. Duke, and this is one of the many
' houses he Is putting up In the Mission.
These flats will be finished in about
ninety days, and will be a desirable
addition to Dolores street.
LEASES A.\D SALES
i The Sterling Realty Company reports
: the following recent leases and sales:
Store In the two-story brick building situated
; on the pore lot bounded by Market, Sansome and
: Butter t>treeU, to M. A. Gunst & Co. for a pc
! rlod of four years; term* priTate.
Tee three-story brick building, consisting of
four More* and eighty-nine rooms, to be erected
! on tlie west tide of UuiKmt street, CS:S# feet
! eoutb. of Calif oruia street, lot 6b:i>xlS7:ti, for flf
! teen years at a total rental of $140,000; leased
for Ado!pn Crocker to A. K. Matsusaka and 11. |
j Xerada. Japanese tenants.
No. &42 Market street to Otto Phlel, for a pe
riod of four year*; terms priTate. No. M 6
I Market street to United Cigar Stores Company
| for a period of four years; terms priTate. Store,
i 22xCS, in Blum building, California street, near
t D&tlx. for ten yean at a total rental of *;SO.UJO.
! No. MS Market street is C. IS, Martin Liquor
Company for a period of four years; term* pri-
Tate. Upper floor to Urlanser & Gallnser, £48
! Market street, for a period of four years at a
total rental of $71*00.
Sale of lot 25x70 on the west line of Larkin
j street, between Broadway and Vallejo street, to
I A. Weber; terms prlrate. '•-*• ',
Snalnwald, Buckbee & Co. have just
I resold the Selby building. 416 Mont
| gomery street, between California and
i Sacramento, for $70,500. The lot is
! 115:2 H feet north of California street,
i 23:1xk7:2 feet in size, and is a part of
I the property recently sold by the Selby
I Smelting and Lead Works to the Mer
] cantile Trust Company. The easterly
portion of the lot back of the Mercan
j tile Trust Company has been added to
the bank lot and will be used to en
1 large the safe deposit vaults and for
the trust department.
The trust company had no use for
the Montgomery-street frontage and
has sold it to clients of Shainwald,
Buckbee & Co. Mr. C. B. Russell co
! operated with Shalnwald, Buckbee &
j Co. in making the sale.
X client of Shainwald, Buckbee &
Co. has also purchased the Osborn lot
on the south line of Slitter street, be
tween Grant avenue and Stockton
streets, 155 feet cast of Stockton, 25x
120 feet.
The price of the property Is private,
1 but it is known that the adjoining lot
was sold for $54,000, so that the sale of
this lot is somewhere near the same
figure.
The firm reports the following sales:
For account of Henry E. Bothin. lot on the
east line of Van Ness avenue, 27:6^4 feet south
I of Pacific avenue, 60x100 feet In alee, for $20,
000. .\u25a0\u25a0 . T~
For account of A. D. Bowen, lot and residence
on the north line of Vallejo street, 175 feet east
of Scott. 55:6U27:6 feet, for $20,250.
Fur account of Golden Gate Company, lot on
< the southwest corner of Sacramento street and
I Prospect place, between Powell and Stockton.
Size is 30xb2 feet, with L, and has been sold
for SMUO.
For account of Mr*. C. T. Bonnell, the north
«art corner of Third arcane and California street,
78:11x90 feet, more or leu, for $8700.
For account of the Pope Estate Company, lot
on the w«st line of Cole street. lf>o feet couth of
Grattan, 78x103:7% feet, for $5400.
For account of the Ocean Shore Hallway Com
pany, the lot and two-story residence on the east
line of l'ork street, 104 feet north of Twenty
fifth, 24x100 feet, for $2750.
For account of Edward Jennings, lot on th«
east line of Tenth arenu<>, 235 feet north of 3
etreet. 60x120 feet, for $2100.
For account of the Pope instate Company, lot
on the west line of Coie street, 75 feet Bouth of
Qrattan, 23x103:7% feet, for $ISOO.
For account of the Pope Estate Company, lot
on the north line of Grattan street, 150 feet east
of Khradex street, 2Sxl£o feet, for $1750.
For account of Miss M. Manner, lot on tie
west line of Twenty-serenth arence, 100 feet
north of Lake street, 27:6x120 feet, for $1750.
For account of John L. Tiemey, lot on the
north line of California •treet, 67:0 feet east of :
Seventeenth avenue, 25x100 feet, Cor $1450.
For account of Thomas Jennlnjra, tie lot on the
•ast line of Tenth avenue, 2cO feet couth I
street, 28x120 feet, for $1000.
Ehalnwald.Buckbee & Ca have opened
a downtown office In the Kohl building,
the same to be run In conjunction with
the Butter-street headquarters. This
has been fottnd necessary to accommo
date the downtown clients of the firm.
They have been appointed general
agents of the Countryman building at
Van Ness avenue and Ellis street,
which has Just been completed. They
report a very active week In the rental
of these offices and nearly one-half of
all of the offices have already been
taken.
The firm has just been appointed
agents of the new office building of
Wells. Fargo & Co., which is under
construction on the northeast corner of
Mission and Second streets. Two
stories are to be added to this fine
structure, the work being well under
way. The building Is specially de
signed for large corporations and the
floors will be arranged to suit their re
quirements.
Ehainwald, Buckbee & Co. report an
active leasing market and the follow
ing transactions as having been com
pleted:
_P« tit aeeoont of James Gi»b to George
Gordon, the roomtng-bonse on tie northeast cor
ner of Geary and Iveiy streets, for a term of
fire years, for i it.ooo tar the term.
-.*"t **f «««»* «rf B. W. Hopkins, tro*t*e» to
tU r-exleaa Ageade* Cpapuyr tlw tmlldlM to
THE SAN FRANCISCO CALL', SATURDAY, JANUARY 26. ; 1907.
HUDGENS ENJOINS
STOCK BOARD
Courts Will Determine His
Status in Relation to
Bulls and Bears Deal
CONTINUES ON FLOOR
Stock Broker A. L. Hudgens secured,
through his attorneys. Campbell, Met
not! & Drew, a temporary retraining
ord«:r yesterday to prevent President
Ruggles and the board of directors of
the Han Franclßeo Stock and Exchange
Board from suspending him from the
board. In. this tho promise of his at
torneys was fulfilled that unless some-
Liinff favorable developed for their
client by noon yesterday they would
Invoke tho atsalatanco of the courts of
California. The papers were served
upon President Rugjrles. As a conse
quence Hudgens Is still free to pursue
his dally business of buying and sell
ing stocks of Nevada mines on the floor
of the exchange building on Bush
street without interruption.
To meet the situation caused by the
legal proceedings the brokers of the
San Francisco Stock and Exchange
Board met in executive session and
temporarily suspended the portion of
their by-laws that provides for the
suspension of a broker who does not
settle for stocks within forty-eight
hours after the board officially says
j it sanctions the transaction.
The restraining order was issued by
I Judge Murasky. It Is returnable next
• Friday. The terms of the order forbid
I the board to suspend Hudgens or to
take any further steps to deprive him
of a seat in the board or to do any
thing prejudicial to his rights or
privileges as a broker.
Hudgens, as previously reported, re
fused to take shares of Bulls and Bears
mining stock when, after he placed his
order with Broker Toplitz, he found
that the company Issuing the stock had
been disincorporated and that its min
ing property had been sold. Toplitz
I maintained that the delivery was
I within the rules of the board. The
board last Wednesday sustained Top
litz's view of the matter, adopting the
! minority report of a committee of
| three.
Toplitz said yesterday, after the ac
tion of the board regarding the sus
pension of Hudgens, that it was up to
him to say to the board whether
Hudgens had made a settlement. "Wait
a week," he said, "and you will have
the whole story." The amount In
volved In the purchase ot, the Bulls
and Bears shares by Hudgens Is
$7862.60.
PRESIDIO RAILWAY
BOARD ELECTED
The old board of directors of the
Presidio and Ferries road was re
elected at the annual meeting of the
stockholders, which was held at the
office of the company at 114 Battery
street yesterday afternoon. The offi
cials are: George A. Xewhall, presi
dent; 11. M. A. Miller, vice president:
William J. Dutton. treasurer: F. W.
Xewhall. Edgar M. Wilson, J, B.
Cushing, and J. B. Leighton, secretary.
It was stated that the intention of
the management was to complete that
portion of the track between Stelner
and Polk streets with the heavy rails
which were purchased from the Unit
ed Railroads, while from Stelner street
to the Presidio an attempt would be
made to alter the present track by
moving one of the rails three inches
; to provide for the wider gauge of the
cars to be used. Over the hill from
Mason to Polk street the line will be
operated by cable.
The company hopes to be able to
get a car which can t>e used on both
the electric and cable parts of the
road, and will not be too heavy for
the old rails west or Stelner street,
but as yet none have been ordered.
"It Avas our Intention," Lclghton
eald, "to operate first the portion of
the road between Polk and Steiner
streets, and we had arranged with the
United Railroads for an interchange
of transfer privileges, but the Super
visors apparently are not willing for
us to operate any part of the line
till we can open it all."
teet west of Franklin, for flTe jears at a rental
of $5100 for the term.
For the account of Wells Fargro Si Co. to the
Orei-laod Frelsht and Transfer Company, store
at 35 Second atreet. tot two jeara at a rental of
$3000 for the term.
Por the e&xne owners to the Hewitt Machinery
Company, store. 37 Second atreet. for a period
of three years for $4500 for the term.
For the account of O. E. . Bacon to Elmer J.
Harea, roomlng-boase now being constructed at
1722 • EIIU street, for a term of three jears at
a renUl of $4000 for the term.
For the kecoant of Oscar T. Luninj? to Bulottl
& Sautcr. the two stores on the east line of
Stockton street, north of Vallejo, for a term Of
two rears at a rental of $2000 for the term.
For the aame owner to Prlester & Axelrod,
store on the northeast corner of Stockton astf
Vallejo streets, for flTe years at a rental of
$UO(io for the term.
For the account of Van Kcas & Smith -to the
Mcljcud Mercantile Company, atore 1018 to 1022
Polk street, for one year at a' rental of $1500 for
the term.
For the account of Mary 0. Kyle to the R. B.
Moore Lumber Company, the lot 25x80 feet on
the itouth line of Clementina street. 175 feet tut
of Firth, for • term of two years on prlrate
terms.
Por the account of Weiss * & Colman to 11.
German, atore. 642 Golden Gate arenue, for three
years at a rental of $2900 for the term.
For the account of Whitlow Anderson to It.
Kamlkaw, the house at IbOO Satter street, for
three years at a rental of (4500 for the term.
G. H. Umbsen & Co. report, among
others, the following recent sales: "-.
For the \u25a0 account of Isabella Gormly, lot oa
the east line of Pearl street, 348 feet north of
Thirteenth; $2250.
For the account of D. Giannial, lot on the
northeast corner of Pacific and Jonas streets
$7000.
For the account of Iry M. Melntosh. lot and
improvements on the north line of Waller
street, 177 feet west of Scott. 25x137:6; $4800.
• For the account of Robert Fawcett. lot on
the south line of Filbert street, 114 feet east
of Hyde. 22:11x187 :«; $8200.
For the account of Voinnger Estate, lot and
improTement* on the south line of Twenty-fifth
street, 177 feet west of Church, 28x114; $2400.
For th« account of R. O. Oolemaa, lot - and '
lmproTementa on the south line of Twentieth
street, west of^loward; $15,000.
For the ftccouTti of M. McNntt. lot on the j
west line of Folsom street, 185 feet south of
Fourteenth, 25x122; $3000.
For the account of A. B. Boebnke, lot and
lmproreoients on the south line of Twenty-ninth
street. 80 foet west of Sanchez, 25x114; $26T>0.
• For the account of J. Demlng, lot and im
provements oa \u25a0 east line of Baker street, 100
feet north of Fall, 26x100; prlrate terms.
For the account of William Fahey. lot on the
north line of Sooth Park street, 26 feet weat
of Center. 24x97:0; $3000.
For the account of Harriett C. Alexander, lot
on the north line of Silrer street, 90 feet east
of Third. 135x70; $11,250.
For the account of J; C. Nolan, lot on the
west line of DeTlsadero street, 100 feet north of
McAllister, 60x125; $8500.
For the account of J. Boaenzwalf , Jot and
improrements on south line of Post street, 189
feet east of Buchanan, 26x137:6; $13,200.
For the account of Florida Wllcoxea, lot on
•ast line of Lang-ton atreet, 225 feet south of
Harrison. , COxSO; $3500. *
For the account of Mrs. O. Strab, lot and
Improvements on the southwest corner of Steiner
and Filbert streets, 40x67:0; $4000.
For the account of Robert Day, lot on the
northeast corner of \u25a0 Jackson and - I/earenwortn
\u25a0treetsj $0160. - :
For the account of Si. J. Franklin, lot on the
*outh line of Tehama street, 287:6 feet tast of
Fourth, 28x80; $276 T.
." For the account of Mary E. Tanner, lot on
the north lln« of California street, B3 feet
•art of LarMn. 40x70; $10.250. -7> ;
The. first coins were , struck In brass
about 1184 B. CX. and in gold and stiver
by PltfW o»v£ j»o.t ot Ancoa, tfjpst.-BJI
ASK BOARD TO ACT
ON SPUR TRACKS
Many Business Men Attend
Meeting /of Supervisors
in Regard to Petitions
DELAY HAmiS TRADE
"Tho applications for spur track
permits now before this board should
not 'be held up| as they have been,
pending our action on the ordinance
to regulate the maintenance of spur
tracks. These applications should be
granted if they have any" merit at
all, as this board has never objected
to granting such permits."
The foregoing statement was made
by Supervisor Boxton at a meeting of
the Supervisors yesterday. The ses
sion was held to consider an amend
ment exempting spur tracks on. pri
vate property from the. provisions of
the ordinance regulating the same.
Boxton's remarks were In the nature
of a fling at the street committee,
which had failed to act on the appli
cations In question. His plea was sup
plemented by the Mayor, who said that
all applications . should be reported
upon by the street committee at next
Monday's meeting and then be grant
ed under the old ordinance.
Chairman Rea wanted the matter
referred to the City Attorney, but
Boxton's. motion that the committee
report on twenty-one applications at
next Monday's meeting waa carried.
Rea gave notice that he was in favor
of only seventeen of the applications.
Supervisor Furey asked for leave to
examine the applications first, and the
street committee agreed to meet this
morning to prepare Its report.
URGES PASSAGE OK BILL,
A large number of representatives
of various commercial and manufac
turing concerns were present to urge
the passage of • the amended general
ordinance regulating spur tracks.
Rea explained that the amendment
provided for interchanged switching
of cars on spur tracks laid on private
property as well as on the public
streets arfd permitted railroad compa
nies to make a 1a 1 reasonable charge for
such switching on their own property.
Rea referred to the voluntary agree
ment recently entererd into by the
transportation companies for Inter
changed switching, which he said
would open up a new era in the com
mercial development of the city.
.I. Jacobs, president of the Potrero
Manufacturers' Association, said that
under , the existing ordinance the
Southern Pacific Company could re
fuse to deliver merchandise to houses
into which the spur tracks of other
companies ran unless the goods were
routed over the Southern Pacific Com
pany from Mojave. Jacobs said that
the intent of the ordinance was to
prevent a monopoly of the use of any
spur tracks by -empowering the Su
pervisors to dictate that interchanged
switching would have to be allowed
on spur tracks on private property.
He also urged that applications for
spur track permits be acted on at once,
as it meant the employment of thou
sands of men, and that many enter
prises were awaiting action on their
petitions for spur tracks. Jacobs said
the amendment would harmonize with
the third section of the interstate com
merce law, which requires Inter
change switching.
W. R. Doble told of the necessity
for spur tracks and of the induce
ments being offered by Eastern cities
for • local f manufacturing concerns to
remove from San ' Francisco. Doble
said his company would employ 1000
men " and would handle 2000 tons of
freight monthly.
SAYS BOARD HAS POWER
L. M. King, secretary of the Mer
chants' Association, favored the
amendment, and also the granting of
spur track permits under certain re
strictions as to obstruction of streets.
King said the board had the power to
impose conditions on tracks leading to
private property, and the ordinance
would be legalized by the amendment,
which eliminated all reference to pri
vate property therein.
M. Owens said the common use of
spur tracks would, attract" capital to
this city and mean the investment of
large amounts in local enterprises.
J. "W. Scott of the Real Estate and
Development Company declared that
rtie spur track question should be set
tled immediately or at least five con
cerns that he knew of would be com
pelled to go elsewhere.-
G. W. Hulme said the wool ' Indus
try of the State would be largely ben
efited by the proposed amendment.
D. B. Macdonald urged the board
to grant him a permit for a spur track
on King street for lumber traffic.
The Mayor said he had always
doubted whether the board had power
to grant spur track "permits, but that
the city should derive some revenue
from concerns enjoying such priv
ileges. \u0084',;:
Rea .said the charter should be
amended so as to empower the board
to tax such privileges.'-"
f NO OBJECTION TO TAX
Doble said nobody would object to
paying an annual tax\; for spur track
permits. He pointed out that the city's
revenue would be increased as the
result of the Increased assessment fol
lowing the establishment of spur
tracks.
F. TV. McDonald of the Santa Fe
Company, which has six applications
pending for spur tracks, raised the
point that the permits should. be grant
ed to railroad companies and not Ito
private concerns, as a protection to the
shipper.
Supervisor Gallagher argued that the
granting of spur track privileges . to
railroad companies was fraught with
danger, as it was equivalent to a sur
render.. .of privileges which might
thereafter become part of the appur
tenances of their main lines -and un
doubtedly cause litigation.
The Mayor said all spur track "per
mits were revocable at the; pleasure
of the board, as specifically provided
in the ordinances granting such per
mits.
Gallagher said that a Supreme Court
decision regarded H such permits as a
contract which" could not be legally
revoked, although" the ~ ordinance 'so
provided. • ; V
.Supervisor McGushin thought it
would be wise to take a chance -\u0084 on
future litigation rather - than to re
tard the growth of j San ; Francisco.
The board then, decided- to postpone
action on the amended ordinance for
one ; week.
. Before the meeting adjourned y the
Mayor announced that "he 'would • at
tend all meetings ;of i the board "in fu
ture, and urged; the ;' Supervisors to
be prompt In their ". attendance.
DEFENDANT lIIHVTS FOR $3
The case against ' Thomas Stanton,
charged with ; having • defrauded ,A.
Falck, a - hack /driver,- out? of ; $3, , was
heard; In the Police,, Court , yesterday.
After all the evidence the Judge : asked
the defendant if there; was any reason
why he . should not * receive i sentence.
"I think my > landlady ' ; advance
me -. the |J," cried ', the = prisoner ; at s the
bar. As this was "satisfactory to- all
parties concerned, Stanton and the
man he. was accused/ of having de- j
frauded left together ;' on. a' hunt . for
the desired : amount. - They \ will ; report
today to thm gauxk-^tu>^^f4i^T, Sroxa ,
Few Spurts and Steady
Sales on Stock Board
L. M. Sullivan and Associates Directors
of Two Newly Listed Companies i
Twenty-six thousand' shares of Mo
hawk. Extension were. sold at. 34 cents
to 31 cents, declining to the last men
tioned price before the close: 25,500
shares of Grandma at 32 cents to 86
cents, rising at the close and very
strong; 14,100 shares of Jumbo Exten
sion at $1.95 to $2.02%, gaining TV*
points; 21,600 shares of St. Ives at
prices ranging from 94 cents to $1,02%.
These were some of ' the principal fea
tures of the dealing yesterday Mn the
San Francisco Stock and Exchange
Board.
Once more Dlamondfleld Triangle
had a strong spurt, the Bales amount-
Ing to 26,250 shares. In the morning
the highest price was 77 cents, but 79
cents waa paid later. Among other
stock* the market brought gains. Great
Bend added 10 points, from .$1.25 to
$1.35, with sales of 10.500 shares. Great
Bend Extension advanced between the
call board and the informal session
from 39 cents to 41 cents. Jim Butler
also climbed from $1.25 to $1.35, with
sales of only 1200 shares. Lone Star
trained 2 points, selling at 40 cents In
one transaction. Midway went upward
from $2.10 to $2.15. There was a
strong demand.
Booth closed at $1.10 bid, Columbia
at $1.30, Columbia Mountain at $1.17,
Combination Fraction at $5.62, Daisy at
$2.75, Goldflerd Consolidated Mines at
$8.87%, Great Bend.at $1.20, Jumbo at
$4.05, Laguna at $1.60, Mohawk at $17,
Red Top at $4.25, Silver Pick at $1.45,
St. Ives at 98 cents.
Two companies were listed in which
L. M. Sullivan and associates are di
rectors. The Great Bend Consolidated
in the Goldfleld district is one of these
and the Fairview Hailstone In the
Fairview district the other. The di
rectors in the first' named are Governor
John Sparks, Alexander. Russell. Peter
Grant, L..M. Sullivan and J. D. Pyne.
The directors of the, Fairview Hail
stone are Messrs. Sparks, Russell, Sul
livan and J. W. Tangley. Each of these
corporations is capitalized at $1,000,000
with 1,000.000 shares. In addition to
these companies, the Mohawk Annex
Company with $1,000,000 capitalization
with 1,000,000 shares and the Fairview
Golden Boulder were listed. The last
named also has 1,000,000 shares.
LDDWIC MINE IS BONDED
Large Copper Property at Yerlngfton
Is Valued at *1, 000,000 ,^ ' vv
A transaction of first magnitude, the
bonding of the famous Ludwig mine
at Yerington, Nevada, for $1,000,000
cash is announced. The bond was
granted last week, after months of de
liberation by the parties" concerned, to
Max Junghandel of Yerington and as
sociates on the strength of a certified
check deposited with the Anglo-Cali
fornlan Bank of this city.
It is understood the bond Is taken In
the interest of a powerful Eastern cop
per mining syndicate. The deal In
volves one of the richest copper mines
In the country. The Ludwlg mine has
been during the last year a regular
shipper of ores averaging 24 per cent
copper, produced in the course of de
velopment work. It is claimed that the
ore in the mine from the surface to the
600-foot level averages '15 per cent,
which, with the present high price of
copper, would return approximately* $60
a ton., It has been, estimated that by
the 4100 feet of work done about 80,000
tonsof ore are exposed in the mine.
The^Ludwlg deposit is described as
belnsr marked by a boldly outcropping
ferriferous quartz dike, occurring in
the contact of triassic lime and quartz
porphyry, to all experiences a forma
tion offering the most favorable condi
tions for . contact-metamorphic ore
deposition. The lime belt on the west
side of the dike is said to be. 300 feet
wide and is flanked by a gypsum de
posit of an average width of 600 feet.
The quartz-porphyry belt on the east
side of the dike has an average width,
so it is said, of 600 feet and la Inclosed
by a belt of granite-porphyry, garnet
and schist, in which the Nevada Doug
las mine is located.
SIiOSS BUYS AT BULLFROG
Company Incorporated to Work Prop
erty on Bonanza Mountain
TONOPAH, Jan. 25.— Louis Sloss,
whose name is closely associated with
the Goldfield Kewanos property, with a
number of associates has just completed
the purchase of a Bullfrog property
that from all reports has great prom
ise. The \ company incorporated to
work the claims in question is known
as the Bullfrog Bonanza Mountain Con
solidated Mining Company. The present
owners state that they have received
assays running as high as $22 from
surface samples. The ore body shows
twelve feet In width and has been
traced for a distance of 1200 fe«L
The group is in proximity to the
Great Eastern, Tramps Consolidated
and a number of other well-known
Bullfrog properties. The officers of the
new company are State Senator Dang
burg (Nevada), president: William Sims
of San Francisco, vice president; L.
Sloss, secretary and' general manager;
J. O'Keefe and J. C. McCormack, direc
tors. A hoist has already been ordered
for the property, according to Mr.
Sloss and an active campaign of de
velopment laid out.
WILL NOT SELL FLORENCE
Lockhart Denies Story That Property
Will Be Merged
GOLDFIELD, Jan. 25.— Thomas O.
Lockhart, who, with A., D ; Parker,
owns the control of the Florence mine.
says the report that a deal Is on foot
to include that property in a merger
with neighboring mines is entirely
without • foundation in ' fact. He ad
mits that he had been approached upon
the subject*. of. i placing a figure on his
interests, but declined unless his part
ner favored selling..
Lockhart says that as soon as
weather permits the company will go
ahead with Its preparations for * a big
mi 11..; The ground was partly cleared
some time ago, but the ' snow and
heavy storms put : a stop to the; work
for. a time. The plans for reduction
works have been completed after a
series of \u25a0 tests .under Lockhart's per
sonal supervision.' Several leases are
operating on the Florence and ; one of
them. .-\u25a0. the Florence 7 Leasing and •;. Min
ing,; Company, adjoining! the , famous
Rellly lease, has shipped "4oo . tons \ of
high-grade ore, some of the Quartz
assaying .as high ;as 18200 a ton.
STRIKES AT REVEILLE
Network of ' Ledges Reported to Have
Been Located There ' .
TONOPAH. Jan. ; 25.— 1t is reported by
persons recently, from the Reveille dis
trict ' that a - new . ; strike has ,' been >" made
in ! the ' southern part of the ; district that
bids fair.'; to Btart ; active work '- in that
section- In : the near future.. The find
was made by two i prospectors, Ingram
and " Woods, .who 1 have % located ; a net
work fof ledges yin "the; porphyry .belt
lying " four or -" five miles :; south of ". Ke
' iiHiii'Tiitnii<toif'iniprnfltiOTW
The assays from these ledges are said
to \ have been exceedingly good { and as
soon ' as the enow goes \u25a0 off tho 'owners
,jrilb Jseglnr' jthft. jflevetopmant JDX Jhelr
ground. This part of the district has
never bee"n explored to any extent be
fore and the new find has caused a
number of prospectors to plan trips in
that direction as soon as the snow goes
off. \u25a0 • ";^r-
POSE Y OX THE DAISY
Statement Is Hade by Mining Operator
Concerning? the Programme
GOLDFIELD, Jan. 25. — One of the
most interesting developments In min
ing circles of late is the announcement
that O. P. Posey, one^of. the heaviest
operators In the West, and president
of the Nevada/Copper Mining and Mill
ing Company, has, with some of his
associates In* that corporation, secured
an option on and purchased a large
block of the stock In the Daisy mine
in this district. Posey, In an inter
view in\ the Goldfleld Chroncle, says
they have secured the option and made
a substantial payment on the stock.
Several weeks ago they bought 125,000
shares, and they are interested in leases
on the property.
Colonel Posey says that the same
company organization will be contin
ued, and probably the same manage
ment, though the directorate may be
changed to some extent. He is confi
dent that the deal will be consummated,
and has outlined plans for the future
working of the property which contem
plate sinking to great depth, building
a large mill for the treatment of the
milling ores and the regular shipment
of the ore of higher grade. There are
now seven leases operating on the
Daisy, and a large quantity of milling
ore has been exposed, .
MOHAWK IS PRODUCING
Shipment* of Week From .Wvada Camp
Amount to $100,000
GOLDFIELD. Jan. 25. — Figures con
tinue to come in 'showing the produc
tiveness of the Mohawk mine. Last (
week' 3 shipments from the camp ap
proximated $400,000, most of which was
from the dumps of the now extinct
leases on the Mohawk. Although elev
en days had passed since the expira
tion of these leases four of them sent
out during the last week 2124 tons of
ore valued' at over $300,000.
This ore had been piled on the dumps
earlier, when it was impossible to se
cure cars for transportation and a con
siderable quantity remains which will
be shipped as fast as cars can be
procured. Both the Hayes-Monnette
and the Frances Mohawk leases will
ship next week an amount equaling
their last week's shipments.
MON.\ETTE AGAIN LEASING
With Anfioclatm He Will Operate on
Gold Bar Extension
GOLDFIELD, Jan. 25.— A new or
ganization composed of M. J. Monnette.
Thomas H. Condon, J. R. Hubbard and
R. J. Shoemaker of New York and
Lincoln Davis of Chicago has taken
over the lease which was recently let
to Shoemaker and others on the Gold
Bar' Extension.
The property adjoins the Gold Bar
ami \u25a0it is believed has the Gold Bar
ledge. At sixty feet In the company's
shaft values have been secured up to
about" $20. The new owners 'will push
development rapidly..
HIGH FINDS NEAR MINA
Lead, Sliver and Copper Are Discov
ered North of Camp
TONOPAH, Jan. 25. — A lead-silver
strike of considerable Importance is
reported from the country lying north
of Mlna. The flnd was made east of
Walker siding. It is said that a ledge
four feet in width on the surface,
which has good silver values and runs
high in. lead, has been located. There
is also said to be a thirty-foot copper
ledge In sight, which averaged clear
across 7 per cent In that metal. Lat
est reports from the owners and dis
coverers Indicate that the claims will
be taken up by a Goldfleld syndicate.
GOLD IN SEVEN TROUGHS
Goldfleld Operators Acquire Properties
on which Good Ore Is Found
Goldfield, Jan., 25. — Goldfleld operators
are Interested in the Seven Troughs
district at Rosebud, about sixteen miles
distant from Vernon. The latter Is
situated about thlrty-flve miles north
west of Lovelock, In Humboldt County.
Identifies The.Geniiine'
:!j£SßBK9|| Every El Toro cigar is now banded to
S uard you against the many unrehabfe
brands of questionable quality which have
I^^^^B k een pushed on the market since the re-
cent increased cost of Porto Rican leak
|||||||§|i Be sure you get the genuine.
\u25a02j/vS?s^-sTCiv3c'*9
wSSwBBEfinS&BUL I t z^+ \ I fH sa^^ Ess— as»y m^ H^
This is one cigar you can be sure is
;^^^^^ Porto Rican, made in Porto Rico, entirely
|g3Bg|9|| of Porto Rican tobacco. For years its
if£|H&|J3s *"gk quality has been a prime factor, in
JBBi|gr popularizing Porto Rican cigars among
||i||||i|» The El Toro cigars now being marketed
are particularly recommended because of
J»|||§9 c unusual excellence of this year's
Porto Rican tobacco crop — from only the
choicest selections of which El Toros are
EL TORO I ElToro « today the best cigar Porto
Bnv+Bna, £ ic ° ca^produce for 6 cents. Theresa
ijßxact Hu and band on the genuine. \u25a0l' ( \
A^ZaAin Forto Rican^merican Tobacco CoLpany
Panetela and. MMnfa^nm, San Juan, Port* . R le «
Panetela Finat »• BACHMAX «fc CO., Inc^ DUtrlbnton, tiiU:
»— — \u25a0 -~ » SAST FRANCISCO, CAI*. -TICS* .
—————— —^ —\u25a0—____ : \u25a0 ' ...-":' /..-,-• "7
BENEFIT TO BOTH
THEIR OBJECT
Leading San Franciscans
and Mining Men of Ne
vada Meet at St. Francis
DISCUSS CONDITIONS
The C«llfornla-.\>vadi» Acwoelatlon
met at the St. Franc!* Hotel yesterday
and took a »tcp tbrtt mar result In
great benefit to Son Francisco and also
to the mining camps of Southern Xe
vndn, Golf!field, Tonopnh, Bullfrog, Man
hattan nnd all others In the region.
The purpose of the association, which
Is composed of prominent mining; turn
In Nevada and leading men of San
Francisco, Is to cement the union of
interexts existing between San Fran
cisco and the great gold camps of »
vada for the material advantage of both .
sections.
In preceding conferences the oppor
tunities for San Francisco to build up a
great and profitable business and th»
benefits to be gained by Goldfield and
Its sister camps by doing business with
the metropolis of the Pacific Cpast have
been discussed and made clear to all
concerned. San Francisco is now co
operating with the Nevada miners to
secure all possible train facilities for
Nevada.
At the meeting of yesterday Henry T.
Scott presided. A full interchange of
views took place. The Nevada men
present told what they require and the
representations fell upon sympathetic
ears. A committee was appointed to
wait upon James Horsburgh Jr.. general
passenger agent of the Southern Pacific
Company, today to ask for additional
train service and to generally talk the
situation over as it relates to the Ne
vada mining campa and San Francisco.
The committee consists of Henry T.
Scott, Marshal Hale, Alexander Russell
and W. H. Matson.
The Southern Pacific Company has
agreed already to put on a morning
train for Goldfield and other points be
ginning February 3.
.\OTORIOU9 "WOMAN FOCXD GUILTY
Jessie Hayman, who was arrested In
a police raid on a notorious house at
Post and Devisadero streets, was found
guilty yesterday of keeping a house of
ill-repute and was ordered to appear to
day for sentence. Mary Reed, Ethel
Evens and Helen Clark, three women
arrested at the same time and charged
with being inmates of a house of pros
titution, were also ydered to appear to
day. Their case has been taken under
advisement.
MRS. BOOTH, NOTED
LEADER, IS HERE
Mrs. Ballington Booth, leader of the
Volunteers of America, arrited in San
Francisco late last night after havlnsr
spent the day in evangelistic work
In Folsom prison. She will visit San
Quentin this morning and will ad
dress itiie convicts there.
While In this city Mrs. Booth will
Inspect the work being done by the
Volunteers among the children, and
in this connection will visit the prop
erty recently acquired by the organi
zation at Sl2 Shotwell street. This
afternoon she will meet with the ad
-.visory board of the Children's Home
and suggest plans for the extension
of this important work. A public re
ception will follow at the home. The
advisory board .which will discuss the
affairs of the Volunteers' shelter for
children consists of Rev. William
Rader, Purcell Rowe, Dr. R. Langley
Porter, F. J. Bachelder and Rev. E. K.
Strong.
This visit, which will be a brief
one, is the first Mrs. Booth has made
to San Francisco since the fire.
Rich specimens of gold ore, carrying
large percentages of native silver, were
brought to Goldfleld a few days ago by
C. W. Myers, H. R. Trenholm and C.
H. Richards of Goldfleld.
Utah people have acquired the pick
of the ground, one group having been
purchased by a party, of men including
Lafayette Holbrook. manager of the
Grand Central mine. Senator Reed
Smoot and L Freeman, who is Identi
fied with the Mayne Goldfleld. For
this group they paid $70,000 In cash
and another group in tHe same district
has been sold for $100,000.