The morning call., 1890-12-25

Williamson street, in the westerly slope of
the city, east OF the Richmond District. This
important purchase by Eastern capital
fairly astounded the city-not only on ac-
count of the large area OF the property and
the great bargain in the purchase. but also
because of the difficulties overcome in Sc
curing the several contiguous properties.
The original purchase involved S43O,0O0.
Contracts have already been let for the i'm
provement of this property aggregating
S135,000. The further Improvement on this
tract will bring the cost far above this
amount. and the whole transaction when
done will approach S1.000,0O0.
John c. Green, one of the mJst prominent
real estate dealers in the State, and one who
enjoys the confidence OF all who have bust
ness relations with him, Is located at 401
California street, opposite the Bank of Cali
fornia, where he has one of the finest Offices
in the city for the transaction OF his large
and eyer-increasing business. Mr.. Green
gives personal attention to all matters in
trusted to his management; he conductS an eX-
tensive business for many clients on the Paci-
fic Coast, in the East and in European coun-
tries. Orders are constantly being sent him by
absentees to invest their capital in substan-
tial income or investment properties in this
city. He came to San Francisco over sixteen
years ago from Louisville, KY, since which
time he has identified himself with the bust
ness interests of this city. He has had more
than twenty years experience in real estate
IiidtttES, having TeceiNtQ Ills uTSt
in this calling in the managers Of
flee of the Louisville Abstract aud Title
Association, the largest concern of this
kind in the State of Kentucky. Soon after
his arrival in San francisco he entered the
service of the Central Pacific Railroad Com
pany, and for number of years devoted
his time to the interests of this corporation.
The death of General David ID. Cotton, the
financial director of the company, who was
one of Mr.. Green's PERSONAL friends, led
him to change his views relative to the ad-
visibility OF reliang in the service Of the
company, and he soon sent in his resigna-
ton. Mr.. Green has been successful in all
his undertakings, has frst-ciass staying
qualities, is seH-reliant, far-seeing and ell
terprising. He owns some of the most valu-
able silver mines in the world, located in
the Territory of Alaska. The business in
terests of these mines have taken him away
from San Francisco quite frequently during
the past few years, he having spent the
greater portion Of last year and the year be-
lore in that Territory, giving his personal
supervision to the management Of these
properties. He is in every respect live,
wideawake and pushing business man; has
great faith in the future growth of this
metropolis, and is always ready to put his
shoulder TO the wheel in promoting an en-
terprise looking to the advancement of the
business interests of this city.
o'FARRELL & LANG.
O'Farrell IL Lang have divided the bust
ness os their office into five separate de-
partmeHts, as follows: Real estate Qnclud-
ing inside and outside properties, collection,
house renting, fire insurance and repair, the
last mentioned a subdivision of the house
departments The firm has been in business
since January. Is. 1890, succeeding D. J.
Wheeler Il Co. Rents are collected from
1861 tenants, and eleven Market-street land
owners are also represented. Five outside
men are employed to fill applications, ae-
compllShing quick and satisfactory results.
The new residence department established
about six months ago has been great sue
cess. This branch of the business is con-
Quoted independently of the other depart
ments. During the past six months twenty
five new residences, ranging in price from
$500 to $4,000. have been sold through
this agency. Tue firm has III
course of erection thirty-fye residences
in various localities, and within the next
sixty days most of these houses will be
placed upon the market. They will be sold
upon easy terms. Many new buildings
will be constructed during 1891, and the
firm predicts an Increase OF at least % per
cent over this years business. The follow
ing is a statement OF monthly sales for the
year: January, S2l,SS0; February, S137,-
rs; March, SIS, 1S5; April, Sl090S5; May,
Sls4'2Oo; June, S106,950; July, $50, 800;
August, 500. 1876; September, sos, 225;
October, sSl, 1850; November, Si63,O De-
cember, S1S0,050. Total, S1,575.445
o. d. BALDWIN, JoosT & MERTENs.
While we are able to present in this issue
only limited number of the properties for
sale by the well-kn0wn firm of o. ID. Bald
win, Joost and Mertens we take pleasure in
calling the attention OF the public to their
printed lists of income and investment prop
critics, residences and vacant lots offered in
the San Francisco Real Estate Guide, a
sprightly and readable review issued
monthly by this enterprisiug firm. In ad-
dition to the offerings published in their
Catalogues they deal largely in heavy inside
properties, which, for obvious reasons, do
not appear in their circular. special feat
ure OF their business is also the subdlviding
Of large suburban tracts within the city and
county limits, notable among which is what
is commonly known Clarendon Heights.
In this connection it may be stated as a
piece of news to oS readers that this firm
Will henceforth engage extensively in the
the quarters of the San Francisco Real
Estate Exchange are ready for occu-
pancy-prU baby by the middle of next
mOntb-which offerings will appear in The
CALL. That the firm is an enthusiastic
supporter of the new institution-the San
Francisco Real Estate Exchange-may also
be commented upon. OF the personnel of
the firm it may be briefly said that Mr.. o.
ID. Baldwin, who is one of our solid citi-
zens, is noted for his extraordinary push
and energy, to which he owes principally
his success in life, while Mr.. Behrend
JoOst is widely known as one of the largest
landowners in the outlying districts. Mr..
NJ. j. Mertens, the junior member of the
firm, is man of indomitable energy,
coupled with good business aitiinmenls,
and Is close observer of men and things.
Robert j. Mercer states that business is
fair, unimproved property at Preside
Heights and Richmond in demand, and the
market generally steady and firm. He Of
fers In our advertising columns long list of
improved, unimproved and Investment prop
critics in various sections of the city. He in
viles the most careful scrutiny of the many
bargains which he has listed.
Jacob Heyman, $50 Market street, has
found business for the past year exceedingly
good, and in his opinion the outlook for the
future ia very bright Property is rapidly
advancing in value, and pubic confidence in
realty Investments IS growing stronger every
day.
=. T. Harris, 62s Market street. deals only
in city real estate. He reports that his time
has been fully employed, despite the dis
fractions of the holiday season. Blocks and
lots In the vicinity of Golden Gate Park are
his great specially. Mr.. Harris reports that
he has sold 161 pieces of property in the
nelghborhood Of the park within the past
lew weeks, and there seems to be no lull in
the demand. he predicts that within a few
years San Francisco's population will b1
largely increased. Eastern capitalists are
recognizing that this city presents many OPP
portunltles for safe and profitable invest
ments. Mr. Harris thinks that real estate
dealers will thrive during 1891.
w. II. GRIM & co.
w. II. Grim d Co., 205 Montgomery street,
think that this has been good year for
real estate men. The demand for property
in the Mission has been especially brisk.
The outlook Tor 1891 is bright and it is not
probable that the stTingency in the money
market will effect real estate ON the Coast.
II. GAMBS.
III. Gambs, 31S Montgomery street. thinks
the real estate market is dull now. This has
been an off year, but if history repeats
itself the coming year will be better. The
demand for property in the Mission is not
so brisk as last year.
John Pforr, 329 Montgomery street. is of
the opinion that this has been good year.
There is an active demand for property in
all parts of the city. His monthly sales
have averaged $4,000. The advance in
prices is steady and will continue so
throughout the next year.
David Stern d Son, }23 Montgomery street.
reports lively and constantly increasing
demand for city lots eSpeciallY in the MIs