The morning call., 1890-05-10
MONTHS. Mortgages.

15s2652 62,ls6
Totals 1922, 700 50 sSI,7sl
This gives for the first four months of the cur
rent year. ending April 80. 1890, a difference OF
money borrowed over money repaid OF only
81 1860, 925, a mere bagatelle when Viewed
alongside OF The enormous amounts OF building
contracts flied for the same period, considered
as they must be- side by side. For taking only
those building contracts recorded over $4,000,
and we have total OF So, Az. 75S filed for the
same four months. Add on % per cent, mod
crate enough proportion for those contracts not
filed and those under the $1,000 limit taken, and
there looms up a total of S4,303, 49,. This Of
Itself constitutes 4 necessarily grand offset
against the mortgages even II tile releases were
not as III usually close up as they are. and shows
IN the shape OF Immediately projected improve
ments not only very large addition to our real
estate wealth, but baDshes out of sight the slight
difference of Sl,36O,00O as between mortgages
aud releases. In other words where we have
borrowed for the first four months of the year
$5,242, 7O6 we have repaid old loans TO the value
of So SSl.7S1, aud have added to the value
OF the property so remaining mortgaged S4,3J3,-
4S5 In Improvements. Surely this shows par
ticulaTly sale and wholesome condition Of the
market thus far al least.
Make one further comparison. While, for the
whole OF 1883, building contracts footed up TO
the fair total OF SO 395 1Ol here in the first four
months OF 1890, two of which were so wretch
eddy wet as to preclude any active operations,
We have. TO all intents aud purposes let out con
year; or, allowing for bad weather, really equal
10 eight months OF last year. Then, again.
while Ia 1889 our mortgages reached tota! OF
$l632l 1867 and our releases Sl0,2l5 941,
already IN the first four months OF the year our
releases have more than kent pace with last
years record. As for the four months, We are
relatively in round numbers half million ahead
OF last years ratio, Willie our mortgages show
only relative increase OF trifie over $500 900
Tor the third Of the year just past. So, taking
the two facts together, the enormous added value
In The shape OF improvements aud tue exceed
ingly slight difference 10 appearances-nUne IN
reality-between loans made aud repaid aud it
must be seen what sound state OF things exists
al present.
THE WEEKS DoINGs.
For the week there is little or no change 10
note, The sucton-rooms having again proved Il
center OF attraction. The market is active and
aDees, as could be desired, an unusually large
number of loans being recorded on favorable
terms, the amounts running up 10 nearly tie same
figures as for The last few weeks-that Is, IN III
dlYidual amounts, say, up TO $4,000.
UNDER THE HAMMER
The auctiOn-rooms have had a busy time OF II
the past week, and with country business now
picking up as rapidly as II Is, the country sales
are beginning to form quite an additional feature.
Al EaslOh ~ Eiuriuse. ; sa'e d. FesnO laSt oal-
uTday, about 1000 acres In all found purchasers,
al from So 10 sol per acre, including per-
petual water right, the purchaser being only
called on 10 pay G21a cents per acre per annum
for necessary repairs TO bitches, etc
The miscellaneous catalogue submitted on
Monday by Bovee, Toy & Co, showed sales as
follows; l410 Grove street, east OF Baker, lot 20
1l37 g. with seyen-Toom house, fetched $3.50;
624 Shotwell street, south OF Twentieth, two
story SeYen-rOOm mouse, lot 30X122:6, sold for
5000; lot on east line OF Sixth avenue, south OF
California street, 25x12O, for SS25; lot on north
side Of Army street, west of Noe, 15Xl14 for
$276. and thTee corner lot in Block 63, City Land
Association, each 25xloO. S425 apiece.
AT Easton s. Eldrdge's sale on Tuesday the
following sales are reported as made: Ten lots
on Tenth and Caroline streets, north OF Folsom
from $500 10 $3.50. A residence on the cor
Der OF Washington aud Walnut streets with a
Ot lD- & n dpu % hrOuuht $4,000
and handsome dwelling situated on air Oaks
street. with front of 90 feet, sold for s695o. a
lot on Folsom street, near the corner OF Twenty
third, with frontage OF 20 feet, brought S495O
Two residence lots on Fair Oaks street, just
north "a Tweniy-second, sold as follows: 0ne
with a frontage OF 80 feet, $780, the other
foot wider, $500 Five residence lots on the
easteTly corner OF Roanoke and Arlington streets
were sold. Thiry-egnt feet on the corner sold
for 500, and the aujolning 20 feet for $500;
the two next, OF the same size, brought $3.50
each. Eleven lots on BeInal Heights fronting on
POWhattan avenue, were sold. The property is
divided by an interseetins street, and the lois
are 20 by 1875 feet In dimensions; tie one on the
corner Of Siegel street brought $3.50; the two
between Butler and Banks street $500 each;
the two between PTentiss and Sumner streets
brought S145O each, and the next two adjoining
sold for 81 400 each. Two lots situated on Fifth
avenue, 10 feet from the corner of California
street, sold 10 one purchaser for $3.50 each, and
two others, 20 feet front, on California street,
near the corner OF Fifth avenue, brought $3.50
each.
AT Robert j. MERGERS sale on Wednesday, the
irregular shape, 75x16o, renting for S94 so, was
sold for $50, 900 with an " IT," keystone House,
on south side OF jackson street Go east of Front,
loG 40X60, had also an If" attached TO the bid
OF $4,000. Though the lot, 25X65. the
north side OF Howard street, between Fifth aud
SIKH, was not sold at the Sl4. $50 offered Hego-
tiatiOns re likely 10 be closed any minute Tie
lot, 3oxS5, with house renting at sol 90, on
southeast corner OF Eighteenth aud Stevenson
Streets had another =" If " to the $3.50 bid, The
northeast corner Of Lombard aud LedyenWorth
streets. 2o6:3x137:6, though not publicly sold,
Gsa bps o Isd oS ~
and Diamond streets, sold tor 1885 each. A lot,
25xlO0, on north side of Sheridan street. $50
feet west OF Ninth, sold tor S24OO. Lot 5ox125,
Oh east side OF Whitney street. south Of Thirtieth
SOLD for Sl250 and for lot 24xI0l on west side
of Dolores street, south of Tweuty-dflh, $500
was bid with an " IT," A lot on Sa ncheZ street,
near 1wenty-third, was sold for $500.
AT Easton 6 EldIdge's Emergency" sale on
Thursday, some good business was again re-
ported. large lot on Vallejo street, 90 feet
trout by 137 g deep, aud 173 wet Of Van Ness
avenue, sold for $1,000 For the lot 90 ;6xl37 :6,
forming the northeast corner oil EDDY and
BrOdeTIck streets, bid of $3.50 was received
with an I'll" In Preside Knights, the north
west corner lot, 81 :6x127 IS, of Walnut aud Sac
lots, each 25Il27:S, al an average price Of
S1400 a piece. The northsest corner lot of
Sacramento and Laurel streets, 81 :6x127 -,
sold for s3250 and the four adjoining lots west
brought an average Of $3.50 each. A Pine-stIeet
lot, 27x17;6 east VI Steiner was sold subject to
approval Of court for S2225 and $4,000 was paid
for the lot 3oOx1U0 on tile west corner of France
and London streets. The Grand Hotel at Dun
cans Mills, SOnoma Couity, was cOnditonaliy
knocked down with an 81" at $500. Quite a
number of Holly Park lots, 25x100, on East
Park, West Park aud Plymouth aYenues fetched
from $500 to $3.50 each. Lots on the east side
Of Central avenue 25xS IS. between Pine and
Bush, fetched from SIZE 10 s1775. according to
location.
THE MACoSDRAY BUILDING.
The historical Mscondray Building and l.
ehat ed lot 45 z from on SansOme and 52:1 on
north side OF Pine vl, outside lines e running to
on Thursday by Shalrwald e. Buckbee, under or
der from The Probae Court. at the request of
chaser was James Otis. AS the present lease
does not expire tivJuly 1, 1893, no present inn
pTovements can y efecied-a fact which posi-
bly, initiated against higher prices, although the
value obtained was considerable ahead OF the
al praisemenl which was S1Sooo0. The net
annual income 81 this property, iuil description
OF which has already appeared In The CALL is
$IOlo7. VILE at public sale, by order OF The
court no linTtis fixed. tile price, II sold privately
must lie within 10 per cent OF the apr raisement.
or course tie present sale Is still subject to the
courts APPROVAL, aud any one bidding 10 per cent
question TO be reOpened, though at the same
time thee seems not The slightest doubt OF the
conGrnption Of tile court following the sale.
COMING SALES.
To-Day the CaTnall Fitzhugh. Ii opkins Company
hayea special excursion to Belmont, with lick
els for the round trip fixed al 80 cents. when
tpey wlll sell 100 business aud residence lots OF
one acre each The growing popularity OF Bel
mont will doubtless attract an unusually large
crowd. Tie u ain leaves Valencia street al 10
O'Clock In the morning, returning from Belmont
al 440 Ia the afteG noon.
1hr afternoon William j. Dngee will offer
thirty business aud residence lots in the western
portion OF Berkeley. The improvements that
BeIkee! is able 10 boast OF during the last three
years, wah It's electric lights aud railroad facil-
lilies, suggest that locality likely spot for in
YcstoTs,
On Montay, the 18TH inst. Bovee, Toy g. Co.,
offer nineteen lue building lots fronting Broder-
lex, Groyeand Fulton streets, a few blocks east
OF Golden Gale Park For the 3lst the same
frm has Tie Wellesley PARK property billed TO
go under tie hammer.
On TUESDAY, the 18Th, EastOD & Eldridge offer
tempting catalogue OF property. including 81 l
Stevenson steel; Soutb-park residence No. 20;
Gil PIne street.; u residence lot east line OF
Mason,70 iest south Of Chestnut; another on vest
line OF Mebrmick, between Hyde and Larkin.
south OF Pciiic; aud some French flats, 1115
Broadway, TEST OF Jones; also twenty-o1e resi-