The morning call., 1890-12-31
OUTSIDE CAPITAL COMING.


Mr.. Barker, manager for the above firm,
returned on Monday from San Diego, where
he had been on real estate business. In
speaking CT the condition of affairs there, he
remarked:
81 expected to find San Diego vely quiet,
but to my surprise the merchants there ex-
pressed themselves well pleased with the
outlook, and several capitalists with whom
had business spoke warmly of the future
and said they expected a much quicker re-
turn OF prosperity, considering the set
back the city has had, than could reasonably
be expected some months ago. On reference
being made to San Francisco, / had my be-
lief confirmed that we are in healthy and
prosperous condition and that our real estate
investments here are attracting the attention
of capitalists in Southern California and
at the East. There is no Initiation, but
we are on the verge of an active market for
the reason that our real estate investments
here give good return on the amount in
vested. Southern California has had sad
experience which should be a warning to all
fair-minded operators here. The steady
growth in Improvements of a substantial
character during the year is the sohndest
argument in favor of the healthy state OF
our market, and the absence of anything in
the nature OF a boom. Hence we may eX-
poet capital to flow in. My trip south has
been successful. but we do not care to give
here which Will shortly be trans.
ferred to outside capitalists, as one of
the heirs to the property are at present in
New York, and the deal cannot be closed
until he returns. | was introduced to
another capitalist, who, before my de-
him up. ana he has made inquiry concerning
"a solid investment here which he will in
all likelihood take up. 1t amounts to about
$500, co.,"
q r ,,.xs
for property, and speak sanguinely OF the
outlook for al active market.
SALES REPORTED.
P. A. Dolan & Co. sold yesterday lot ok
100 on Dolores street, 81 IS north OF Twenty
ninth. for $500; lots in Block 1860, $780,
and two lots in Block 1895 for $500.
NOTES.
G. W Hopkins of the Carnall-Fitzhugh-
Hopkins Company leaves to-day Tor Shasta
County with a party of purchasers Of Cot
tonwood Park tracts. They will arrange
for planting operations, which will be COM
menced as soon as the season opens.
A local broker leaves for the East to-mor-
row for the purpose of closing large realty
TRANSACTION with an Eastern capitalit, the
particulars of,which will be mace known
through THE CALI.
The San Francisco Real Estate Exchange
Directors held meeting on Monday even
ing at which important measures affecting
the entire State were adopted.
BUILDERS CONTRACTS.
o. 81. Greenwald with J. Ii. Wilson, alter
ations at 1717 Van Ness avenue, $1,000.
Olympic ClQbiwith White Bros, hand-ball
court, beginning at the corner of Eighth
avenue and l streets, S4057 30.
81. Geiluss with Joseph Bucher. to- build
on a lot on the north line of Fulton street.
175 feet west of Polk, S7445.
William 4. O'Leary with p. MalOney, to
build on lot on the north line Of Twenty
sixth street, 165 west of Church, west 26:Sx
ia, SILT.
james G. Fair with George j. Smith, for
her Of Pacific and Front streets, S2371; also
with the Western Iron Works, for wrought
iron work in the same, $3.50.