The morning call., 1890-06-07
REAL ESTATE.
The Past Weeks Review Shows
a Market as Strong as Ever.
Auction Rooms Crowded to sufocation.
Ms gees Big Sale Others on the Cards.
other Big Sales Msde and Making.

There is still a swing and go in realty that
was hardly looked for by old heads as likely to
have lasted so long into the season. Perhaps, as
an outward and visible sign OF the Inherent in
ward vitality alluded to last week, this con-
. tinued aversion the part of the public TO nut
eff as long as possible the inevitable slackness
~lfat June usually ushers in, stronger proof OF
confidence could be imagined.
The customary dullness seemingly VIII not
come for some weeks after its customary time,
and the postponing the day OF rest, judging from
eneagements listed ahead. seems as general as II
IS genuine.
While money outwardly is unchanged, there
seems a probability that banks that have been
doing business below the rates OF competing
financial institutions may at no distant date as
sirllate their rates 10 those, suggesting greater
harmony as between the matter of supply and
demand. The demand While not burdensome,
certainly warrants an equallzng OF rates and
sttffening among those who have been content
10 accept less value for their loans in the near
uast may not be an improbable event III the near
future.
UNDER THE HAMMER.
As promised to be the case last week the busi-
nesS nut through under the hammer this last six
days has easily beaten the record OF the busiest
seasun known for some time. II speculation
showed a tendency 10 cool doWna bit The volume
OF the offerings was larger than ever and values
We'll in accord.
The ball was opened by O'Farrell & Lang on
Mepday, when big slice of an Ashbury Heights
block changed hands, some fiIty-elght out OF
siNly-fve lots offering being Knocked down ior
SS2. .7gO. The property has already been most
iully described In these columns The block re-
fefIed 10 is bounded by Clayton street, fremont
avenue, Apollo and Frederick streets. The
southeast corner Of Clayton and FreGerck, tne
best, fetched $4,000, the lot sizing 2SXlO6, the
lot al The corner Of fremont ana Frederick real
ling $3.50. The intermediate lois on Fred
~ oil af frnp =
averaging hard on 10 $50 front foot. The Dig
gesI lot on fremont avenue 44XSOi brought
S24B5, a couple OF smaller ones, each 3ONSO,
selling for Sl915, with nall dozen. each Z0&oo,
realizing 81 $50 apiece, and the balance at ig-
ules running from SLIGO 10 Sl19O. SIX lots on
Clayton street, 25Xlol:3, fetched Slo3O eash'
i've bringing Sl550, five $500, three Sl4OO,
Two $3.50 apiece and one Sl65O. a good al
tendance and good prices were marked feature
OF lie sale.
~-Tuesday saw Easton & Eldridge out with tteir
Historical weekly sale, the listed offerings being
ON and adjacent TO ' an Ness avenue, ana the pa
alugs throughout were brisk ana prices above
Ile average. OF the tweuiyf0ur lots submitted,
tuIee lad been privately sold pIl0r 10 the SAFE
and were consequently Withdrawn. or the bal
aUce offered. that lot on the corner OF Franklin
aud Francisco size 37:6Xl24, fetched $1,000,
Win tie four adjoining on Franklin, 2oNl24
feet each, selling Tor $3.50 apiece. -Four lots on
francisco street. 27;6Xl31 IS. were Knocked
down for Sl375 apiece. The 81 :6Xl23 corner
al tie intersection OF Van Ness avenue ana fran
cisco street fetched $1,000, with lhe next duJoin-
I.=, 25XI23, on Van Ness avenue, bringing
-S2IOu and lots tn ee ueXt, all vi the same size,
- ia.ching each $1,000. -Four lots, 25XloI:6 on
Francisco street realized $1,000 apiece for three,
The fuuIth reaching only $40 less. Hall a dozen
houses on the northwest corner OF Folsom aud
Ecker, showing S225 monthly rental, on LOT
"6uNSO, were sold for S25,OOO, lump sale. No.
70 Bush street, between Powell and Mason,
1ourstoTy building had $1,000 bld, the lot
size being 22XS4, and The tWenty-i oro0med
les Ideuce, commanding net rental OF SlIO
month a fouI-roomeu cottage, on lot 20Xll4,
ON south side of IWeniy-nlnth street, east OF
ARA : 4 y.
OF Sacramento and west of Laguna, 34;6Nl3I
fetched each S6UOO and lot In the Academy
Tract 100 feet square, 80 feet west Of Mission,
fronting on Theresa street. sold at Sl4I5t NO,
~G9 Heury street, close 10 Market and Sanchez
lot 25x115I sold for S47oo,w with monthly rental
On Wednesday G. Il. Umbsen & Co. welded
The hammer TO advantage TO all concerned, their
uay's work footing up to Sl2S.545 worth OF
property sold. Prices obtained and sales re-
ported were as follows:
Southwest corner of Fourth and Clementna,
improved, bringing in a mel rental OF Sl9I 90
Iet month"; $4,000: Size OF lot, 0Ox1o, with
4ON6O feet.
No. II45 Mission street, between Seventh and
Eighth, with lot 25X160. through 10 Mlnna,
SD 500 subject 10 Probate Court confirmation.
Lot on the north line of Seventeenth, 100 feet
east OF Howard, 30x112:6 with building thereon,
Lot forming the southwest corner of Twenty
hlH and Castro, 39X60, $1,000
.IAIre lois adjoining on ihe west side OF castro,
each 25A6O, went al the uniform price of $500
Nos. 1912 and 1914 Jackson between Leav-
eHworth aud Hyde, renting for $50 so per
month, $4,000. Lot 35x137:6
Nos 5l2 aud 5I4 Hyde, between Geary and
QFarelI, renting for S120 per month, with lot
46NGS:6 $4,000.
od the same day Shainwald Buckbee & Co.
put up portion of the Donahue estate to public
conn etltlOn but though The original Intention
TO submit The tract IN SUBDIVISIONS, George
c. Buardman having made an offer OF $4,000
tUr lie block in entirety 1t was accepted. This
ptopelty already described at lul In THE CALL,
IL nItTt hgEsF IQ IL
ajed u Oakland and fronting on Vermont street
ana Broadway and Caremount and College ave
nues, containing in all some hlty acres, being
originally kuOwn 10 ye ancient pioneers as the
Pc alta Reserve.
Tnen also came the sale of Clarendon Heights,
by MeAfee, Baldwin & Hammond, property
also very fully described in these columns last
week. The sale was held In Irving Hall and
tlp-top figures were secured for property so
close 10 the base ball grounds aud Mount 0lym-
pus. With total reaching about Sis, 800, the
"details OF individual lots are as under:
The southeast corner of Stanyan street and
Rlvuli avenue, 30x10O, brought $500. The in-
side lots fronting on Stahya8, between RivOu
avenue aud Seventeenth, 2511oo, brought s12oo
The northeast and southeast corners of Stanyan
and Seventeenth, 25.33x100 and 1O0X46 sold for
Sl625 and S2450 respectively. The inside lois,
=. 25Xl53, between Seventeenth and Eighteenth,
fronting on Stanyan, were knocked down at an
average price OF S1100 each.
Tie northeast and southeast corners at Stan-
yam aud Eighteenth 25xlo3, brought $3.50 and
5000.
The lots fronting on Slanyan, between Begravs
and Clarendon avenues, 25xl0S sold at an
average OF S700. Fifty lots facing on Clarendon
aud Belgraye avenues 25xloo, averaged $3.50
each. Eight lots, S2x25, east of Lincoln avenue,
between Clarendon and Belgrave avenues, aver
aged S476.
To-DAY's SALES.
For to-day, once more, the public well pro-
yided for IN the matter of land sales that offer as
tempting a trip as they do tempting profit.
First there IS the Arthur II. Briggs Company,
with Palo Alto picked out Offering good
chances TO investors. Some OF the choicest lots
IN University Park to-day await the highest BID
der, lie sale being absolutely without reserve.
with the exceptional educational advantages
that so close proximity 10 the Leland Stanford
University guarantees to the coming Californian
graduate, apart from its pleasant accessibility
- TO San Francisco, these lots have a charm for
parents that 1t Is impossible 10 oVerestlmate
What Cambridge is to Harvard College, the cen
ter Of culture and refinement, University PARK
cannot but be to the Stanford University. A
special excursion train leaves Third and Town
send streets at 10 O'cOcR this morning. The fare
Tor The round trip being only matter Of 90
cents<
Then for those who wish 10 travel only few
Steps farther aneld UmbseB & Co. offer rare
inducements to eGisy run out TO Santa Rosa.
Once there, the Chance VIII be offered to be-
come the happy pos SCISSOR OF a pick OF blocks and
lots in the CITY Of Roses. There are city lots
Ito suit the modest investor; 20, 81, 80, 272dcre
farms to tempt the bigger man Of taste and el-
sure; one-thiId Interest In the Lakeville Land.
ing property Of some four acres, more or less /;
that weLknown resort, the Litton Springs prop
erIy, with lis $50 acres OF orchards and vine
yards, its grape and grain fields, big hotel and
stabltng, with every kind OF valuable medicinal
springs, seltzer, soda, sulphur and iron-any one
Is sufficient temptation to take quiet days
outing for few hours TO the charming Santa
Rosa.
OFFERINGS AHEAD.
On Monday next, Bovee, Toy & Co. VIII again
submit we'll chosen catalogue, embracing 10
'chOlce residence lots. north Of the PARK, front
Ing on Fifteenth Sixteenth, Seventeenth and
Eighteenth avenues between q and ID Streets
beng subdivisions of Outside Land Blocks 366,
$50, 1856, 397 and 39S. Also at the same time
and place eleven lots on Sunset Heights, being
SUBDIVISIONS of Block 953, four blocks from
Golden Gate Park. With the many Improvements
now under way In this district, specially the
grading and seweting of Point Lobos avenue. 10
he followed by the construction OF 4 cable line,
these lots, with the added attTactiveness OF a
grand marine view, are attracting even more
than their share OF public attention. They are
only a short distance from the Olympic Club
grounds, and are from 25x1o0 to 25x120 in size.
On Tuesday Easton & Edrldge offer their usual
carefully picked bill OF fare which, on this oeea-
siOD includes Improved and unimprOved property
on the northwest line Of Market street; g story
residence OF II rooms, conservatory, ele., being
Tie north line of Fulton street, 1877 C feet
on