The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-06-01

banks, money would still be worth 10 to -
per cent per annum in the interior-on solid
gold basis.
The majority Of our savings banks have
for two or three years been paying high
dividends. They will at their next semi
annual term. on July of this year, pay a
low rate, and we are very glad of it. Now.
If the rate Of interest is cOrrespOndingly re-
duced. enterprise and development will
receive encouragement.
REALLY MOST BENEFITING THEMSELVES.
The majority of the men who propose to
build the new railroad line to Ogden are
very rich, large portion of their wealth
being invested In city and country land.
We lave elsewhere spoken Of the gratitude
they will deserve if they build even main
portion OF this line to Ogden, but, viewed In
the light TO which all such projects are
eXp0sed-that of dollars and cents-theSe
men Will benefit themselves most by build
ing opposition railroads. This State should
now have population of 100000 OF has
but ], POS 800, and the city should now have
reputation OF S00,000-it really only has
about 300, CO. II we had this increased
population in city and State, land would be
worth very much more than It Is. So that,
even il there were no direct profits from the
building of this much needed railroad, the
profits would come back indirectly to every
land holder aud we may add also TO every
farmer, merchant and manufacturer on the
coast.
AN OPPOSITION WAGON LINE THROUGH
THE SAN JOAQUIN VALLEY.
The railroad freight charges through the
San Joaquin Valley are so excessive that 1t
is proposed 10 start an opposition heavy
freight wagon line through 1t from the
town Of Stockton. The wagons Will be the
here and over the Sierra Neyadas before
railroads were built. The wagons coming
back will haul wheat, raiSlnS, wine and
other products of the great valley offered
them This freight line is TO go into opera
ton in July. There is plenty of business
for it and it will undoubtedly make money.
To ship a thresher and harvester to Fresno,
10 miles from Stockton, costs 500.
a fOuT-hoTse team can easily haul u there
in five days, aud probably IN four.
Seventy-fye dollars Will pay TINS team
exceedingly well for hauling that lmple-
ment i'm, especially as it can get freight back
at some price Thirty teams are to be put
on at first, which, at SO a horse, $50 each
for harness, and 500 for two wagons to be
hauled by each team, Will make $500 for
each outfit, or Sl560O for 80 fOuI-horse
teams and harness, with TWO wagons to
each team. That sum is a mere bagatele,
even If IL gave no relief TO any portion Of the
great valley but Fresno County. Indeed,
we believe that that county alone could we'll
afford TO give q subsidy Ol $4,000, II II were
impossible otherwise to secure this print
tive but useful mode of relief from out
rageous railroad oppression.
REPRESENTATIVE SALES.
The gore lot northeast corner Market
and Castro streets, having a frontage of
1913 feet on Market street, 90 feet deep and
11S: feet frontage on Castro, has been sold
for $40, 200; price put in deed. $40.
The property northeast side First, 81 IS
southeast Of Folsom. 50XS7 Is in size, has
81 f0r n n 20 n TPPOrt
The property southeast side Mission, 45B
northeast Of Beale, 10 :10l2X157 70 in size, has
been sold for $500; not yet Of record.
TIE property southeast corner Fourth
and Howard, so feet on Fourth, by 81 e on
Howard, has been sold for S527 price
put in deed, $40.
The property southeast corner Sanchez
and Fourteenth, 105xl05 in size, has been
sold for So, go; not yet of record.
The property north side Oak, 81 &c east of
Steiner, 42X100, less l. in rear on west
9;6x37 IS, has been sold for $1,000; price put
in deed, $40.
The property on the west side Of Elgin
Park, I'D south of Twelfth street, 25x75
has been sold for S4l00; not yet of record.
The gore property on tie corner of Park
road and South BTOdeTlck street, 1875 feet on
Park road and 1888 on South BrOderick by
126 deep on deepest line, has been sold'for
$500; not yet Of record.
The property on the south side OF West
Park street, los west of Mission, between
Thirty-thrd aud Thirty-fourth. 25xlO0 in
size, has been sold for $1,000; not yet Of
record.
The property on the north side Of Meal
lister street. 20 west OF Hyde. e. :6x137 6 in
size, has been sold for $4,000; not Yet of
record.
The property on the northeast side Of
Beale street, 30 southeast Of Howard. south
east 45% xl37:6 in size, has been sold for
S17,7 subject to mlSdescTipti0n in State
title.
The property on the northeast corner of
Van Ness avenue and Eddy street 40 on
Van Ness avenue by 109 on Eddy street,
has been sold for $40. 600; not yet Of record.
Sold to adjoining owner