The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1890-10-05
REAL ESTATE
INTELLIGENCE.
: Building Matters and the McEin-
ley. Bill Discussed.
:. :stmt .G>ed. Sales Gopsummated - Broadway
..'' Terrace: Being Disposed OF by the -Carnal-
: :. -. .FitEhagh-Hopkils: Company Notes.

+. G. H. >.Uinbsen:. Of G. H. Umbsen &. Co,
the real-estate dealers, was. found in his Of
figie late yes terday AFTERNOON. He. reported
: y busy week, andrin the course OF his re-
Mdrks said: =.
!. ;I=shouldli like to-call your attention to the
+.necessity. of further legislation relating to
=: street work at the next sitting OF the Legis-
.lature.. Owing To- the hilly, might almost
say mountainous; character of this PENN
+, ula the growth Of tile city south and west
= r. sure to resultin ,heavy cuts and fills. in
:.:Inany cases grades will have to lie modified,
and it is the orini5n'0f leading lawyers that
: tie amended NTopman Act does not contain
: the necessary machinery to do this work
:: with Justice tn, prDperty-o Wners. 1t is true
that mans notifications Of grade have been
naqe under the Gct,.:but-lH 10 case has the
work been OF such magnitude as to make
suit woEth while upon the question of the
power Of the SpperyIsors under the act to
cg apge grades owing to the absence of such
-machInery.. This question and other doubt
full points in the act. Gould not Of course, be
settled unit Supreme Court: decision was
obtained, which would render such a suit
very expensive. "A bill providing the neces-
'sary means by which, to equitably change
= ana modify the grades was before :he last
Legislature, and although faVofably con-
sIdered, was crowded ut at the end OF The
session. Steps should be taken to pass some
such bill at-the next. session, as 1t would
= render law proceedings unnecessary in case
OF IMPROVEMENTS, and thereby benefit prop
; ertv in the outlying hif1y districts There
are many important pieces OF street work
= which would DE undertaken, notably the
Cutting through of Polk street from Uni n
Tn North Point street. II the street law was
: more explicit, and provided for an equitable
valuation Of benefits and damages.
in relation 10 building matters, l would
suggest that it would pay property-oWners
at present to bifld more two-story houses lOr
renters Of moderate means. | consider the
erection Of fats IS being 0verdone. Not only
:. ne there sufficient flats now in existence TO
sapply the call for this class of residence,
but everybody about to build intends, as lar
is hear, to put up flats.
- II have lust read laughable article IN q
!: morning paper regarding the effect OF the
Mckinley bill upon club men, how 1t Will
LIiFe them to drink California wines and
beer and smoke domestic cigars, Putting
{Gking on one side, It appears to me that the
.bili Just passed Will haVe.the effect OF keep
Ing very large amount Of money, which
now finds its way abroad, in this country
. and by this means be of great benefit II 1t
limits the.usc, for instance, Of foreign wine,
e. fllc effect will be.to increase the demand for
frst-class California, wines. NOW the I'M
portance of the wine interest III this State
cal hardly be OVer-rated. For many years
tlre bulk of the vintage here has consisted Of
second and third class wines, and those
viReyardsts who have gone TO the expense
of grating with the best vines OF france
and Germany got but poor return, s, Tor all
the trouble they had been put to. Inc rea,
son for this is obvious. Those VINO could
afford to drink the better class OF wine
thought it bad FORM TO drink the home
production and called for imported brands
lii many cases much inferior If the Mckinley
bill alters this and think it will, it will cause
a brisk demand for first class California
wines. and thereby greatly benefit this State.
go This is only once instance among many In
which, l think, by increasing the import
duty upon Injuries the bill will foster home
industries. Whatever tends to keep money
in the country, especially benefits real es-
tate. AS soon as. a surplus is acquired over
the business capital needed, investment is
necessary, and no safer or better can be
found than land, particularly in this city
and State where it is bound to grow in value
as population increases. Altogether, then.
believe the Mckinley bill as well as The
Silver Bill cannot fail to add to the genera
prosperity of the country"
GOOD SALES.
j. T. Hanna 81 Co. report the sale o.
twenty lots Oh the north line Of Clement ant