The morning call., 1892-08-22
THE REAL ESTATE MARKET.
Few Interesting Transfers During 4
Past Week.

Past Week.
Real estate the past week was dull. an
interesting sale being made only now and
then to give the agents something to talk
about. Smaller transactions were, of course.
of more frequent occurrence The state OF
the market may be summed up in the fol-
lowing remarks to CALL reporter by one
OF the leading real estate men of the city:
Nothing but want of confidence on the
part of the public. and lack OF common.
practical business sense on the part of those
having surplus capital prevents San Fran
cisco from having one of the most active
real estate markets Of any city in the union.
Want OF individual effort and enterprise
is simply sapping the life of the
city. Men having five, ten, fifty or a hum
dred thousand dollars are boarding their
money in the vaults of The savings banks.
fearful OF a decline of 10 or % per cent in
the value OF city real estate. Unwilling TO
a ssume the responsibility of handling their
own coin they leave il to corporations TO
invest for them, overlooking the fact that
less shrinkage In values than they them
selves fear would utterly wipe out the
capital of many OF the institutions using
their money.
These individuals, most of whose for
tunes largely depend on the future growth
and prosperity OF this city, also forget that
large sums OF money are constantly going
away from US. and even from the State, 10
ind employment in building I'D rivals Of
San Francisco. Whenever the money of aIly
city, especially of a metropolis like this.
passes into the hands of a class that is nm
willing to put forth Individual effort to pro-
IN ote tho best interests Of the community
sinking every risk and enterprise that the
spirit OF commerce invites and overcomes,
We should not be diSmayed nor even sur
prised at a duller real-estate market than
we now witness"
AGENTS SALES.
The following sales Lave been reported
by the agents:
Easton, Eldridge & Co.-Lot and i'm
ptovements on Taylor street, north of
broadway, 75xl37:6 IS, $500; four lots, each
25x137 g, on the south side of Frederick
street. between Stanyan and Willard,
ranging from $500 10 $3.50 each: lot and
improvements on the south line of Chestnut
street. go west OF Kearny, IL :9xl20, $1,000:
lot and improvements on the north line of
Post street, east OF Jones. 40x60. ST.. 800:
Iot and improvements on the north side of
Jessie street, east Of Sixth, 30x75, $3.50.
Sol GetZ Il Brother-57 6xl00, southeast
corner Of 1 street and Twelfth avenue.
$500; 25x100 on the south line of street.
lo7 % feet west of Eleventh avenue, $1,000;
5Oxl2o. on the north line Of l. street. l07 IS
feet west of Twenty-second avenue $1,000:
75Xl2O on the west line Of Eleventh avenue.
80 feet south OF street, 5000; 50xI20. on
the west line of Thirty-second avenue 100
feet north of X street. 500.
Easton, Eldrdge & Co will corduct nm
auction sale of choice property in the sales
rooms OF the firm, 63S Market street, to
morrow.
The Carnall- Hopkins Company will hold
an auction on September 5. The catalogue
comprises some very choice offerings, in
Guiding the southwest corner of Golden
Gate avenue and Larkin street. 81 :6yS4,
belonging to the estate Of Martin Kelly
MISCELLANEOUS NOTES.
George ID. Shadburne Jr. & Co. are making
specially Of trading city properties for
country lands. The firm reports business
In that line very good.
At the suggestion OF several property
owners IN tie district covered by the Me
Grath claim, extending from Thirteenth
TO Iwenty-Second avenue and from | 10 l.
street. embracing some 20 blocks a meeting
Is called for tonight at the Office of Troy &
McNally, $50 Market street. TO induce those
interested 10 take some action with regard
to clearing their titles.
NATIONAL REAL-ESTATE ASSOCIATION.
The second congress OF the National
Real-estate Association will convene i'm
Buffalo. y. Y, October 4. The following
invitation is from the circular announcing
the convention:
To the Real Estate Fraternity and OIL inter
ested ia matters GppeTtdiRln0 to real estate
6REETING; You are most cordially Invited 10
att nd the congress OF the National Real Estate
Association, 10 be held 10 this city October 4
tee OF arrangements 10 assure you that you viii
b. most heartily welcomed. and every possible
EFFORT VIII be made for your entertainment and
eoincatiou during the convention.
The pfeyerbial modesty OF the profession deters
the committee al this time from expaIialing upon
the muli1srl0us advantages ana The numerous
attractive features OF the Queen City of lie
Lakes as commercial center. az a manufacture
Ing headquarters. as a residential paradise on
earth ana as financial stronghold. The. COM
mttee simply but earnestly bids YOU come ard
you viii be most welcome"
An interesting programme has been prepared
lot your entei tainmenf. lis business features
Win be found la The accompanying Circular of
President Well Of the y. r. L. a.
EoDEo sToCKYARDs.
Few people residing in San Francisco
know the extent Of the stockyard scheme on
san Pablo Bay. The Union Stockyard
Company. concern representing Eastern
capital and pushed by Eastern energy, viii
very soon start in operation mammoth meat
packing and canning establishments that
VIII reyolHtionize these industries through
out the Pacific Slope. One can hardly real
ize that so much has been accomplished in
so short time rs he beholds the large brick
abattoirs, canning establishments. refrig-
orators, smokehouses and engine house,
with its ponderods engine and five
$50 horse power boilers. Hundreds
of men and teams are working
day and night, with view to having things
ready 10 begin the slaughter OF hogs, sheep
and cattle at the earliest date possible The
busy scene is one well worth many miles of
travel to look upon.
Carload after carload Of the most modern
machinery is going into position In the new
buildings, and the dam for a reservoir with
capacity Of ], 100, 00o, 600 gallons is nearing
completion. The enterprise is destined 10
be Of great benefit to the agricultural inter-
ests OF tie State in encouraging the farmers
to raise cattle. hogs and sheep on an extern
siye scale, a profitable market being guaran-
teed them.