The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1890-11-01

Sacramento streets, 93:3 on Jones by 1871 IS
on Sacramento, less small l. in rear, 10X23 9,
has been sold for S19, $50; not yet of record.
The property south side Twentieth street,
GO east of Shotwell, 35x95 in size, has been
sold for $3.50.
The property north side Jersey street. 100
Sest OF Noe, S0X1l4 in size, has been soiu
for $4,000.
The property east side Howard street, $50
south of Twenty-s econd, 30X122:6 IN slZe
has been sold for 5000; not yet OF record.
The property south side hermann or
Twelfth street, 27:6 west OF stevenson,
3SxS5 in size, has been sold for $500; not
yet of record.
The property south side Page street, 1872; 6
east of Laguna, size 25X120 to rear street,
has been sold for $3.50; not yet of record.
The property northeast corner Devisa-
dero and Washington, 1928 on Devlsadero
by 10 on Washington, has been sold for
$4,000, and not $4,000, as quoted by the
daily papers.
The property northwest corner Ridley
and Devisader0. 81 on Deyisadero by 119 on
Ridley, and y feet wide on west line, has
been sold for $4,000; not yet of record.
The property north side Ridley, Ill west
Of Devisadero, 25x1l9 in size, has been sold
for $500; not yet Of record.
The property south side Grove, 80 Is east
of Oclavia, 53x120 to rear street, was sold in
August last for S10,500; price put in deed,
$1,000.
The property south side Lombard, 1877: 6
east of Fillmore, S:9xl20 in size, has been
sod f,r S2557.
REAL ESTATE OWNED BY SAVINGS BANKS.
In January, 1854, tie sem-annual report
OF our city savings banks showed that each
of them owned city real estate of the follow
ing value, which they had acquired during
the previous five years under foreclosure of
mortgages:
Hibernia Savings and Loan Society. -. S7l1,656
German Savings aud Loan Society....... IA, 466
Clay-street Savings and Loan Society,". 1906, 765
CaIifornia savings ' and Loan Socleiy.... 5i,079
Humboldt Savings and Loan Society,". $3.50
Total lS2,Sf9
At present these banks only own city real
estate OF the following value:
California Savings and Loan Soclety.~.... none
French Savings and LOLn Society ........... none
German Savings aud Loan SOciety.......... 5000
Hibernia Savings and Loan Society. 10000
Humboldt Savings and Loan society,". none
San Francisco Savings Union. ,.............. none
Security savings ank...................--.. none
Total. l42, $50
1t will thus be seen thatour savings banks
now practically own no city real estate ac-
Quired Under foreclosure. Many persons
asserted in the dull times, from 1877 to 1850,
that our savings banks own the town
they had 50 much ioreclosed property on hand.
lbtI6 WAS llllie, we DeLeVe, WHeu lHcy
owned about S7,00U,000 worth of city prop
erty, but that was an insignificant portion
OF the city. That as ertion illustrated how
ever, how many persons there are ever
ready to make bad worse. Because of this
talk, and because also it is not the business
OF 4 savings bank 10 own but only to lend
upon real estate. the banks sold much Of
their forced holdings at very low prices.
Could they have carried them to say 1887
and 1888, they would have earned enormous
profits. The buyers from them made lots of
money.
THE WATER BELOW BLACK POINT.
In July last James G. Fair bought from
the North San Francisco Homestead AssO-
citation twenty-one and two third blocks of
lana bounded by Webster, Devisadero, Bay
and Lewis streets for S205, 600 Since that
time delay in searching the title and other
matters connected herewith have pre-
vented the closing of the sale, and during
this delay Mr.. Fair made a new bargain
with said aSsO.iation, under which he took
all of their land, some forty-six blocks, for
$3.50, 200. OF course, it is asserted by many
that the buyer made this purchase for an
opposition overland railroad Others say
dry-dock Is to be built there. We do not
believe either report The buyer thought
the land was cheap, and therefore ne
bought it.
BUILDERS CONTRACTS.
f. o. Chandler with David O'Neil, stone
work, northeast corner of Broadway aud
Webster street, 47X112; $500.
S. w. Smith with Il. o. Chandler, to build,
same; SIS, 100.
Schwartz Bros. with George S. Henzel,
electric wires on west line OF Powell street.
TO north of Eddy; $3.50,