The morning call., 1892-06-27
REAL ESTATE REVIEW.
Last Weeks Transactions Few
and UnimpOrtant.
The q sual Summer sluggishness Prevailing.
a Peremptory Sale Set for This
Week Notes.


There was, however, nothing disappointing
to real estate men in this slackness OF
trade. for it was anticipated by most of
them at the beginning of the month. June
Is simply dull season in real estate any
year and there is no apparent reason why
it should prove an exception In this in
stance.
There is every Indication for better
market in July, after the celebration OF the
Fourth is over. The large sums of money
shortly to be paid out by the savings banks
and other institutions in the way of Interest
and semi-annual dividends will seek invest
ment somewhere and there are many good
reasons for believing that goodly portion
OF 1t may go into city ana country real
estate.
There is only one thing necessary to as
sure this, and that is a willingness on the
part of those having property for sale TO
set a reasonable price upon it. In the esti-
III alton OF all the leading firms In San Fran
cisco nothing has contributed so much to
the prevailing sluggishness of the market
as the unreasonable demands OF owners OF
city real estate. In almost every instance
where the agent has been able to offer
piece OF property paying rent equal TO the
interest paid on like amount by the saw
lngs banks sale has been effected.
IMPORTANT AUCTION SALE.
On Thursday next all those having money
TO invest will have a rare opportunity TO
place it. The real estate firm of OFarrell
~ Lang will OF that day conduct per-
emptOry sale of very desirable city property,
at which buyers will have the call The
firm has announced that all the real estate
to be submitted by it on this occasion was
listed under the strietest agreement that
the highest bid should be accepted by the
owner and that no bid should be rejected.
AGENTS SALES.
The following recent sales have been re-
ported by the agents:
B0yee, Toy 81 CO.-The northwest corner
of Fell and Lott, 81 :3xfOO, for $1,000; the lot
west side of Lott. 100 north of Fell, 25x
1868, for $500; lot and improvements. BOX
137 70, south side Bush, near Lyon, for
$500; lot southwest corner of Frederick
and Ashbury, 106;3xl77, for $40, 500; lot
south side of Sacramento, east of Cough,
45x127 q. for $3.50; house and lot. 25XS0 at
Alb Natoma. near Fifth; lot west side of
AshbuTy, south of Waller, 25X186 3; lot east
side Twenty-irst avenue, 104 south of
Lake, 90x120, for $780, and lot in block
30S, South San Francisco Homestead ASso-
citation, 25x100, for S775.
Sol Getz 81 Brother-5Ox120 on the west
line OF Twenty-seyenth avenue, 125 feet
south Of h street, for 5000; 25xl20 ou the
south line Of r street. 1916 feet east of
ThIrtieth avenue, for 5000; 25xl20 on tie
north line OF l. street, 81 IS feet east of
IWenty-elghth avenue, for $500; 50x120 on
the west line Of Twenty avenue. 200
feet north Of L street, for $1,000
George ID. Shad burne 81 CO-2jX85, lot on
Twenty-fourth street. % feet west Of Ellen.
house Of five rooms, S2600; 2JxSj. lot on
IWenty-fourth street, 90 feet west of Ellen,
house OF 1--WE rooms, $1,000; 25x125, Douglass
street, between Twenty-fourih and Twenty
fifth, house of rooms, $1,000.
Jacob Heyman has purchased the tract OF
2232 acres, comprising about 200 lOts, on the
San Leandro road, Oakland, and will place
the same on the market in a very short
time. The tract is one OF the best locatedi in
that vicinity, being close to the power-house
of the Haywards electric road aud within
half block of the railroad station. The
lots are to be sold on small monthly install
ments.
NOTES.
There has been stiffening Of prices on
many pieces of property In the vicinity of
the new post0ffice site. Investments ia real
estate In that locality now must yield good
returns before great while.
The new real-estate firm Of Rivers Bros.
81 Long, % Montgomery street. occupy one
of the handsomest offices in the city. The
finn advertises very select list of vacant
ana improved lots IL almost every part of
the city.
George d. Shadburne Jr has formed part
nerShip with a well-knOwn capitalist of
Napa County. The business from now on
will be conducted under the maine of George
ID. Shadburne Jr. d Co.
BUILDING NEWS.
Architects Coxhead & Coxhead have let
the contract for piling the foundation of the
LuniDg estate building, to be erected at
Market and California streets to Darby, Lam
don & Co. for S7400
Architect 4. j. Welsh is drawing plans for
the remodeling OF Miss Pott0ffs residence,
at $50 Grove street. 1t Will be converted
into three flats.
The same architect is preparing plans for
new building on Fillmore street, between
Pine and Bush. 1t will be store and three
fats. The owner is a Mr.. Credon.
Architect Henry A. Schulze has let three
of the contracts for James G. Fairs big
brick warehouse at Oregon and Drumm
streets. 1t is to be a very substantial
structure covering an area of 120x145 feet.
the foundations and lower walls to be built
with the view Of eventually adding four or
five stories TO the two stories which will be
built at once, at a cost of S70,0 GOO. Richard
son ~ Gale have tue brickwork contract,
Thomas II. Day d Co. the carpentering AMI
II. j. Ralston the ironwork
The same architect has let to c. F. Seam
mon the contract for building Morris
Thompson summer cottage in the Santa
Cruz Mountains at Wrights station for
S2375.
Architect NJ. A. Comstock will soon let
contract for bui ding two-story frame
house for T. II. Abbott on Vicksburg
street, between Twenty-third and Twenty
fourth, to cost about $500.
On the 9th OF next month the same archi-
tect will let the contract for a $4,000 fire.
proof hall of records for Plumas County
c. l. Ravens is preparing plans for
two-story brick wool warehouse to take
the place Of the one recently destroyed by
fire at Fifth and Bluxome streets, the cost
OF which viii be about SIS, 900.
The School Department has authorized
the same architect to go ahead with the
work on the new Bartlett street public
school. This will be ii frame building of
three stories and II classrooms. Bids will
be received the first of this week.
Mr.. Ravens is also preparing plans for
the eght-classroom public school on Jack
son street.
Two new buildings will be erected at the
northeast corner of Market and Polk
streets. The corner lot is owned by DR..
Nightingale and the property adjoining is
owned by Schwartz Bros. Two six-story,
press-brick Office buildings are to be erected
on these lots, the plans for which are now
being prepared-A. j. Barnett for DR..
Nightingale and Clinton Day for the
Schwartz Bros. The two structures are to
cost about $4,000
Architect j. Carter Newson is preparing
plans for eight flats to be erected on Bush
street, between Powell and Mason, for
Mrs. Biglow. The cost will be about S15, 900.
The same architect has opened bids for
foundation and concrete work on Robert
Hubs four-story frame building at Hayes
and Octava streets.
Architect William Curleit has let the con-
tract for repairing and remodeling James
Westall's building on Stevenson street, near
Fourth, to William Linden for S3149.
Architects b. McDougall & Son have let
the contract for tnree-story frame build
ing AT 0'Farrell and Devisader0 streets to
q. Peterson aud A. Olsen. The cost is
S9J00 Seymour Gabriel of Ill Hyde street
is the owner.
John Gum has the contract for erecting
a two-story. eight-room house for p A.
Dolan at Uranus and Minerva streets for
S2250