The morning call., 1890-05-24
REAL ESTATE.
The Market Still Possessed of
Great Snap and Vitality.
Money Easy-Deposits Ircraasing-The Heav-
lest Week of the ssascn in the Auc-
ticn-Rocms-Big Sales Ahead.

The real estate market is still characterized by
considerable snap and vitality. A brisk, bright
business is doing, with prices as firm as a rock.
The weeks record, especially under the hammer,
shows unusually heavy sales and yet the high
figures attained, notably at Thursdays sale, at
test 10 the continued desire 10 invest, backed up
by complete confidence to the investment.
The position Of the money market is un-
changed money coming in as freely and as freely
going out. Deposits continue 10 show decided
gain in volume over lie FIRST three months OF the
year, aud promise 10 increase still more yet.
While there are two or three falr-SIzed loans
pending those made during the past six days
have been mostly Of moderate dimensions. the
bulk OF them ranging from $4,000 10 $4,000.
UNDER THE HAMMER
Tie week just closing has been far and away
tho busiest OF the season TO the auction ooms.
Although next week has pretty nearly as heavy
a list of catalogues there are indications OF the
usual queter time that obtains through the lat
end of JUNG aud July, and after this next
weeks, offerings Will he much lighter I'LL August
comes round when period OF renewed activity
Is confidently anticipated. or course the usual
country excursion sales, several OF which are al
ready on the taps, will provide plenty OF scope
for The investor during the few weeks oil eompar-
alive quiet In the city.
EasIon & Eldridges sale at san Mate0 last
Saturday attracted some ten carloads OF people
10 The grounds, where sevenTy-two lots in all
were disposed Of at pretty fair plices, showing
an advance on last year. values for correspond
ing class Of property. The total proceeds Of the
sale were triiie under $4,000
Al Bovee, Toy * Co.'S sale on Monday lot on
the south side Of Market street. east OF Guel rero
25 1895, running through to Park alley. with
neatly new twO-stOry frame building, used as
six and eight roomed fats, sold Tor $4,000. No
Se3 Dolores street. lie east side OF DUiOI eS
and north Of IWeniy-iirSt street, = twO-story
residence and lot, 32Xll7.G, fetched $3.50. Inc
southwest corner of Sanchez and Iwenty-Uhifd
streets 81 :6XIUO. had S2l75 biG Tor il. No. 4
NJ Onell place. between Larkin, Hyde. b oadway
and Pacific streets, with improvements ON lot
66&6S:9 leet. renting Tor $50 per monlh, sOld Tor
$500. No. S27 twentieth street, east OF Va
lemcia, was disposed OF for $500. The total
amount realized was S3l ,125.
AT EasIou & Eldidge's usual Tuesday sale 4
two-story frame house on Post street, west OF
Mason, ON lot 32;G&137: IS, fetched SlS,7OO. No.
9l2, on Suffer street, west Of Leavenwoi I'll, con-
tanning seventeen rooms, on lot y ;6Xl 81 70, was
knocked down for $4,000. Two flats, Nos.
722 aud 724 Valencia street, on lot 25X1O0,
brought 5 1000. The southwest corner OF San
chez aud Jersey streets, 46xlO0, sold for $3.50.
No. 1918 tw0-stDly frame house, on McAllls-
ter win lot 6S 9xl 1876, fetched SIS 200. Lot on
lie south side OF broadway, 1856 east OF De-
ViSaderO street, 42&137:6, brought $1,000. a
thTee-stoTy building and lot 70 :6NlOO, corner OF
Hayes aud Webster streets, sold for Sl7 800. A
lot on the southwest corner of Laguna and
Union streets, 81 :6Xl0O, sold for S4l50. and
four adjoining lots, each 25XlOO, brought from
5000 10 S2l5O each. A residence lot Oh Oak
street. 1868 east Of Scott 25Xl37 &c, sold for
$500, and number Of small lois on Thirteenth
avenue, between l and j streets, sold al from
$3.50 TO $500 apiece. Other lots ON Twenty-sec-
Ond avenue aud A street. aud Thirty-se ye nth
End l., sold 1t an average OF $3.50 10 $500 apiece
Tie total sales footed w TO SlO7, 100.
The auction sale held Wednesday by the
Arthur r. Briggs Company al BeIesiord Park re-
suited III the disposal, al satisfactory prices, Of
IOriy-slX out of tile IOrty-seven tracts offered
Tract was mol offered, owing 10 lacN Of lime, but
Will be placed ON the market Immediately aud
SOLD at private sale.
O. f. Won Rheiu & Co.'S auction sale on Thurs
day brought out some very nigh values. In Ihls
Connection II may be Interesting 10 note, as
nusti alive OF tile rise IN real estate values Tie
last little willie, that TINS same properly tHdt sod
under The hammer on Thursday Tor S67, 725,
VIZ: Block 1877, outside lands, was bought two
months ago, fGT he parties who have Just Sold
tOT SIC, SOC, thus netting guile i handsome re-
turn ON the sixty days investment. or course,
special interest attached 10 The sale on account
OF It's bens The only possible undivided block on
Point LObOs avenue, a fact which also doubtless
accounts Tor some OF The fancy prices, for corner
lots especially. This Block 1S7 IS bounded on
Its TN ee other sides by SIKH aud Seventh ave-
nues and Clement street. lie depot of The Cliff
House aud Ferries road being at The junction OF
Point LoDOs and Seventh avenues Sales aud
prices were as follows:
Lot forming the southwest corner OF Point
LobOS aud Sixth avenues 80 :6XlU0, S4l00.
Seven inside lots, adjoining westerly on Point
LobOs avenue, each 25XluO, went for $500,
sl775. Sl775, Sl725, Sl725, and $500 re-
SpectNely.
Lot forming The northeast corner Of Point
Lebos ana Seventh avenues, 32:6x1oO, $4,000.
Gu the west side OF Sixth avenue there were
sixteen lots OF 2oX12O feet each. or this number
one sold at sos, Three al $1,000 aud The re-
mander at s 1925 per lot.
On The east side of Seventh avenue there were
also sixteen lots OF 22Xl2o feet each. Eight
went al Sl075, one al SllO0 and The remainder
SI025.
Lot forming the southwest corner OF Clement
six Tia ~ faet C1Dtn
or The seven inside lots on tile south side OF
Clement street, each 25XlOO feet, TWO brought
SlO75 and the remainder $3.50 apiece.
Lot foIming the southeast corner Of Clement
$3.50 ~
AUCTIONS AHEAD.
On Monday, the 26th inst, Bovee Toy & Co.
Will offer miscellaneous catalogue Of city prop
erty, Including eight building lots on Seventeenth
street, near Market, some good inc9me-paying
properly On Fulton stIeet, as well as residence,
1876 Post stiert; large lot GU Fourteenth
street, west OF Valencia; % Doriand street.
The corner lot, 206 .3Xl37 IS, being the south
east corner Of Chestnut aud OcIayia streets Will
be offered, subject 10 continuation OF sale by the
PiOUate Court.
regular weehly sale, which VIII consist OF a
special catalogue Of waterfront business ana
Residence Investments, Including The northeast
corner OF SdnSOme and Vallejo streets, 1877 :6X
12S:6; on Tie north side of Howard street,
through to Natoma; Il Pacific Heights residence
lot, 43:3Xl27 :S14, ON the south line OF Jackson
"a wei as Two 5o-yaras running through from
the San Bruno road TO California avenue near
fTecia avenue; and Investment property on
Polk aud stockton streets sea-wal 5OYara at
northeast corner OF North Point and Jones
st,ecl.
ON Thursday the Carnall- Fltzhugh. Hopkins
Company will offer fifty residence lois ON Sun
set Heights, fIOulng on j and X streets, Eighth
and Ninth avenues, 10 Block 76l, only TWO
blocks from the Golden Gate Park, and one
block from the Olympic Club Grounds, at an
elevation OF 324 feet above The sea. Tie Vi, VS.
from this locality are something magnificent.
On Saturday, The 31st, what is claimed 10 be
the greatest sale OF gilt edge suburban property
ever held IN California viii take place at Welles-
ley Parh, San Maleo County, by order of the
" ELI sley Land aud improvement Company
The park. full particulars of which have ali eady
appeared In HE CALL, adjolns Redwood CITY,
and i. splendid location. Tie Sale Will be un-
der lie auspices Of BUYee, Toy q Co.
On "Wednesday, The 2Sth inst, McAfee, Bald
win & Hammond hold a special aud peremptory
sale Of business aud residence lots facing Page
and Octayia streets, within TWO blocss Of NJ ar
ket stIeet. The present owner has held the prop
cry for thiGly-four years. and with contemi lated
aud 20 SDe improvements ahead the value OF
the OreIiug must OF necessity rise considerably
within very snort time.
ToDAY's SALES.
There are two country excursions fixed for to-
day. One Is 10 Hopland. Mendocno County
Where McAfee, Baldwin & Hammond Will give
the public a show 10 possess themselves, il so de-
sired, OF one OF The hye subdivisions OF the 1S43
acres, all well watcied and fenced, which are 10
De offered then aud there. The run is only one
OF four hours from the city, aud IL for no other
purpose is well worth taking for outing 10 tile
heart Of the great Sanel Valley. Al The same
time aud place 100 acres OF pasture land and 60
acres OF splendid land adjoining ClOVerdae will
be offered at auction, being portion of the
"Rineon de MuslaeOn'' Rancho. The train
leaves tie foot Of Market street, via TiburOn
Ferry, at 7:40 o'clock in the morning, aud re-
Turns al 20 O'Clock IN tho evening.
The other excursion set for to-day is to Bel
mont, one OF the choicest and nfSst delightful
spots IN the santa Clara Valley. lis charms aud
proximity Induced RalstOn to select 1t as his
home, while IL Is also the se OF the great Sharon
county seat, being only one nour distant from
Sau ranciscO, and will be only one bali that time
by The new timetable. The mountains come
right down 10 the bay shore, aud the climate Is
simply perfection itself. The Carnall- Fitzhugh-
Houkins Company, who have charge of the
sale, have arranged for a special excursion
Train 10 leave Ihird and Townsend streets al 10