The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-08-02

side of Crescent avenue, 100 feet east of
Mission street, have been sold for SlI00
each; deeds not yet of record.
The property on the southeast corner of
Fillmore and Grove streets, % on Fillmore
by 100 on Grove, has been sold for $500;
not vet on record.
The property on the southwest corner of
Sacramento and Maple streets, 81 ;6x100 in
size. has been sold for S2400; not yet on
record.
An agreement to sell the property, 14ox
l21 IS IN size, on the south side of Pacific
avenue, between Scott and Devisadero
streets. has been recorded, at the price of
| S2J. 40
Outside Land Block 979 has been sold for
5000. l. IS bounded by Thirty-fourth and
Thirty. fifth avenues and o and P streets.
The property fronting $50 feet on the
northwest line of Mission street by 2T5 feet
In depth on Eleventh and Otter Tor TWELFTH
street, has been sold for 00.00O-eight
fifty yara lots in all. The lot is partially
covered with improvements. James G.
Fair was the buyer. The Green residence
am ng other improvements was on the land.
The middle tifty-vara lot on the north side
OF Clay, 1876 feet east of Maple, 1877: 6x
127 IS in sizs. has been sold for $500; price
put in deed SO.
The property on the northwest side Of
Channel street, 229:2 feet northeast of Sew
enth, 45:1012x240 in size to Berry street in
rear, has been sold for $4,000; price put in
deed $40.
The property on the south side of Pacific
avenue. IS feet east of Broderick street, 55x
127 q in size, has been sold for $500; price
put in deed $40
GREATEST PURCHASES SINCE 1875.
Pioneers frequently talk of sales of real
estate made at nominal prices in the ten
years between 1Si9 and 1859. In talking of
such sales twenty OF thirty years after they
were made the fact is always overlooked of
the long period of time the buyers had to
wait beiore their purchases became for
tunes. The fact is that sales made within
the past ten years and the advances within
that much shorter period of time are much
more wonderful than Tor the fifteen years
between 1S49 and 1866 In December, 1881,
The lot southwest corner of Market and
Tenth streets, 275 on Market Cess 30x137 Is,
occupied as engine-h0uSe lot by 100 feet on
Tenth, and 30 on Stevenson; also lot south
east corner of Tenth and Stevenson, los on
Tenth by 205 on Stevenson, were sold together
for 5t2J, 000 only, lille about the same time
the Michael Reese estate sold the block
bounded by Fillmore, Steiner, Oak and Fell
for S20000 or so, COO. These sales indicate
ruling prices only ten years ago, and at these
prices this real estate WAS lar cheaper pro-
pGrtionallv than any land sold in the ten
years between 1919 and 1859. Between 1878
and 1881 we had a season of great real es-
tate depression. 1t was in every fools mouth
that the savings bank S owned the city, be-
cause they all owned about S6,000,0O0 worth
Of real estate. Nobody therefore wanted to
buy then, but that was the golden season for
purchasing. Only one man in a thousand
the man who relies Oh his own Judgment
and stands on his own Iegs-will buy at such
time. he fools and hee-haws come troop
Ing i'll by the hundred Il few years alter
ward. and, forgetting all OF their own BRAIN
less prophecies, pay two to four times the
price at which they could have purchased a
few years before