The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1890-10-18
REAL ESTATE.
The Weeks Building News-Lat-
est Reported Sales-Notes.

During the week there have been executed
not less than forty-tw0 Improvement con-
tracts amounting to little over S190,0O0.
This includes recorded and unrecorded con-
tracts. OF this amount fifteen agreements
aggregate $4,000 particulars of which nave
been already reported.
G. ii. Umbsen 81 Co. sold yesterday lot
26X100 on the west line of Hampshire street,
Isl feet south of Twenty street for
$780, The purchaser is Hannah Green,
who expects to build on the land in the near
future. j. J. Carroll was the former owner.
c. E. Mayne q Co. have purchased the old
Oceanside House. on the beach south OF tne
Park. in Block 1920, for $500.
The Carnall-FitZhugh-Ho Company
has disposed of the irregular lot in Block
BAG north of the park, 74:4 feet on Point
Lob0s avenue and 9S feet on Thirty-eig nth
avenue, for $1,000.
Burnham 81 Marsh sold yesterday for Mrs.
J. Bowling, lot y ;6Xl20, on the north line OF
Fulton street. 137 feet east of Octayia, to
Peter Featherton for $1,000.
o. ID. Baldwin, Joost e Mertens report
the sale OF the northeast corner of Cortland
avenue and Mcclellan street, 70XS5, Tor
$1,000, and the northeast corner OF Stanyan
and Clarendon streets, S3x10O, for $3.50.
Buckingham d Co. sold late yesterday
afternoon Il lot on the northwest corner OF
Tenth avenue and l. street, 32:6Xl00. for
S1400, and lot 25Xl20 on the east side OF
Eighth avenue, between l and streets,
near the Olympic Club grounds, for $1,000.
NOTES.
Bovee, Toy & Co. will offer 10 spectators
or investors about 1000 lots south of Golden
Gate Park.
Rountree Bros. ale about to begin another
row of buildings on the corner Of Oak and
Lyon streets.
The Evening Bulletin in speaking of the
large deposits in the savings banks says:
There probably never was time when
deposits in the several local savings institu-
tons were so large In amount as they are
just now. An important factor in the accu-
mutation of money is the activity which pre-
walls in the building line, which necessarily
extends to kindred industries. Caiif0i MIA
mechanics are noted as patrons Of savings
banks, and when they are working full time
they are able TO deposit more of their wages
than when trade is slack. This class OF de-
positors often develop into real-eState specu-
lators in a small way, but This avenue is not
sought after very much just at present 1or
the reason that workingmen are OF the
opinion that vacant lots at present prices are
not an attractive investment The desire to
possess homes Is none the less than in days
gone by, but it costs almost as much now TO
buy bare land as it once did to purchase
both house and lot. This is, of course, a
natural consequence Of the city growth.
Jun, Al aug SH'h 20 -ShC uiu oOS"i ny I.
present asking prices should be lowered. 1t
is more than likely that much money now
on deposit in the savings banks would IND
its way into real estate for homestead pur-
poses.
William Butterfield 81 Co., the well-known
auctioneers, will offer at pubic vendue to-
day at o'clock, on the ground, Menlo Park,
sixty choice villa and residence lots near the
Menlo Depot. A special excursion train
will convey parties to and from the sale at
the reduced rate of 80 cents for the round
trim.