The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-04-02
REAL ESTATE MARKET.
Quotations From Magee's Real Estat,
Circular" for April.

Quotations From Masee's "Real Estate
Circular" for April.
The following is quoted from advance
sheets OF Thomas Magee's Real Estate Cir
culer for April:
There is no new feature to note IN real
estate. Retail property is now most sought
by buyers, the wholesale business of the
city having suffered from the continued dis
ordinations of the Southern Pacific Rail-
road and the Pacific Mail Company. in both
It's Panama and Oriental lines. Lots worth
$1,000 10 $500 westward and southwark are
now in most request. Pacific Heights lots
are in good demand. No reduction In price
has occurred out that way. Ihe total num-
Der of sales made i'll taarch was 50l, OF The
value of S1.SS9.o9J.
The demand for money from both city
and country borrowers has been light.
Money is therefore accommodating at the
savings banks. We have no authority from
any Of these banks to say that they intend
to reduce the rate OF interest. but if the
present light demand for money and its
rapid accumulation by increase OF deposits
continues, then the rate of interest on large
and very choice loans is likely to be shaded
TO 612 or even 6 per cent, in few cases.
Indeed, such shading has already occurred
in several Instances.
The total number of mortgages recorded
against $50 releases, of the value OF S773, 446.
Rails have arrived for the cable line TO be
built on Mission street. The old borSecar
line from tie ferries to the terminus at
Thirty-first street and Cortlandt avenue will
be abolished, and work on the new road
will begin about the first of May. The outer
terminus will be Silver avenue, about mile
and half beyond the present turntable at
Ihirty-first street and Cortlandt avenue.
Ia fora ynrlrs yky n ha 81
branch of the Market-street system Will
start work on Mission street as soon as they
have completed the present work, which
Will be about the date above named.
The following representative sales are
noted:
The property on the south side of Jack
son street, - Is west of Walnut, 50x100 in
size. has been sold for $4,000; not yet of
record.
Tie property south side of Washington,
100 teet east of Van Ness avenue, 3lx127 %
in size, has been sold for $4,000; price put
in deed, SO.
The property south side Jackson, $40
west OF Walnut, q :6x100 in size, has been
sold for $500; price put in deed, SO.
The property north side Twentieth, 153
feet west of Howard, 22x1oo in size. has
been sold for $500; not yet Of record.
The property north side Oak, 202 IS west
of Fillmore, 25X137 &c in size, has been sold
for S4l00; price put in deed, $40.
The property northwest corner Hayes
and Lyon, 81: feet on Hayes by leo on
Lyon, has been sold for $3.50; price put in
deed, SO.
The property south side jackson. 1926
feet west o. Walnut 27:6x1O1 in size. las
been sold for $500; not yet OF record.
1 he property north side Of Oak, 80 feet
west OF Fillmore, 40xl00 in size, has been
! sold for $3.50; price put in deed, So
The property south side Pacific avenue,
1876 feet cast of Steiner, 25X157 :6 in size,
has been sold tor $1,000; not yet of record.
The property west side Of Fillmore, 81 IS
feet north of Union, 25x100 in size, has been
sold for S2075; no! yet of record.
The properly south side of Sacramento,
1925 east of Locust, 25Xl00 in size, has been
sold for $3.50; not Yet of record.
The property north side OF Oak. 50 feet
east of Steiner, 81 ;6X100 in size, has been
| sold for $500; not yet of record.
The property north side of Lombard. 2i5
| west of krarny, 60X137 g in size. less l. in
rear l2X37 ;6, has been sold for $685..