The morning news., 1889-05-23
BIG SALE OF CITY LOTS.
THE o. D BASE BALL PARK TURNED
INTO BUILDING SITES.

Forty-Two Lcte Fronting Whitaker
and Barnard Streets, Between 5 X L
and Ninth Streets, Sold at Auction
at an Average OF S986 e Lot-The
Total Sale too:s Up Nearly $4,000
The Pr ce St.l Advancing a; the
Closing sale-Home Seekers buy
Eagerly and Secure sites in the
Southern Extension at From S75O
20 $1,000.
The sale of lots between Whitaker and
Barnard streets and from Sixtn street
south 10 Ninth street, yesterday, cappei !
the CLIMAX of unimproved req! estate auc-
tions in Savannah.
Fortv-two lots were sold at an average
price Of s9ss per lot. Tne total sale footed
up S4I.4S5. The highest price paid for
single lot was 81 so and the lowest price
was $50. Ouly two lots were sold at the
latter figure.
The sale bega1 at Sixth street. and the
first lot sold at Sixth and Whita le' streets
brought 81, 200. Two nundr d people were
on tue grUu. d when the sale bsSal,a and che;
kept ming Tor half an hour. Tie people
Nho waited homes were hand ready 90
buy, aud many Of them bought. Auc-
tionser Dorset lad hardly ope Ied the plat
Of the prope ty before there was a rush Of
buyers Inc f.st bid was $500 for a cornet
lot So feet trout on " hitsker street by l25
feet deep on Sixth street
THE FIRST SALE.
The bidding was by 900 bids upto s., POO
and IN less than halt minute tie lot was
knocked down AT Tat price.
The lots fronting Whitaker street, be
tween Sixth a I'D SEVENTH streets, we Q soid
first. Tue lot next to the corner OF Sixth
street was sold win sh Option Oh the l)t
next to il for 81, 100 and both were taken.
The next two lots brought $1,000
each. The last lot on the 6l cK
at the corner OF Seventh street broug t
81 200 The ten lots in the block footel up
$l0710-an average Of a little more tha4
O. 900 a lot
ne U.cc4 fronting Barnard street, be-
tween Sixth Sc eth, as ,heI sol !.
The first lot sold at ths corner Of Sixth
and Barnard was knocked down for 1870.
Tue adjoining LOT " as sod Tor Si.220 with
en- orton on the next lot, whica w-s quick
ly taken by the same buyer.
OVER s., 600 A Lor
The renal iug eig t lots on the block
next to ths corner t on Seventh street
were Id at from 81, 400 to 81, TO- los. 7 e
Seventh stre corners d for 81, 225. All
of the lots north OF Seventh street, with the
exceptIol o. the Sixth street corners, are
so feet front. The total proceed, Of the 2.
lois on the two blocks were so. $50.
The City and Suburban railway shops are
be; ween Seve tl and Eigutl stree 5. ard
the next lots sold were those fronting WHIT
nker street, between ( ghth and Ninth
ST. eets Twenty-Five lots sou 0 E ghth |
street were aucuoned The crowi followed
the auct,oueer closely as e went fion one
LOT TO another. The first lot soIth OF Eighth !
street was corner lot, 50 feet
front on Whitaker. and wsS knocke down
for 81, l25. II he adjoining !ct vas ia
the same prica. The next four l. Is sold at
$50 1T, down 70 Mint street. The last !
lot Id on the block broug-t 500. The |
lots fr nting Barnard street we're sOid from |
Eighth street M To Ninth street at an aver
age price f 1895 4 lo!.
After forty-Jwo lots / ad cen sold the !
sale stopped, bscAu-e the auc5 oleer nal T.
leave the city, leaving iwe4ty-two lots un-
sold
STOPPED AT RISING PRICES.
The fact that [ las. lots we're sold a.
rising prices was an evilencs that the peo.
pie were prepared 10 buy. When one-half OF
the lots solth Of Elghta str ct was gone,
the price began 70 ga up ss LuYers reauzs |
that the !o.s we're get iuE sea GER The |
unsJld lots viii Ue sold At priva sale for |
the present until pubic sue IS announced. |
The prUpertys nth Of Eight street is ~ hat |
is kno" as the old base bal park, and is |
ellgibly located, almost the cen er Of the |
city extension. Many Of the lots sold we |
l. ught Y people VINO want homes aad Will /
be built upon at ouce.
The sale Is IN u any respects one Of the /
most remarkable il tle history OF real |
estate auctions in Savannah. Il establishes
the values Ct property in that part Of the
city IN which it is i,cate I. The ter rs OF
the sale were one Of is textures The DR. %
erty was sold r SIS casa per lot ani the |
remainder in sixty moathly payments, /
without interest