The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-08-12
REALTY IMPROVES.
City Property Continues
in Good Demand.
OWNERS ARE CONFIDENT.
AS Money Grows Easier the Outlook
uets Hopeful for Better Times.
Building Notes.

which, by the way, Is n OF confined to realty
alone, may be expected to last until the
latter part OF next month. By that time
some OF the real-estate agents and savings
bank ofhcials look for an improvement in
the money market. Consequently it is rea-
sonable to hope Tor a good winter and fall
season in city realty. Meanwhile the
agents are selling medium-priced proper
ties fairly well. The choice of location ap-
pears to be in favor of north-end property,
though dwelling sites in other districts are
in demand.
There is absolutely no change in the sit
uation between buyer and seller since last
week The owner has so much confidence
in his land that he is loath to make conces-
sions in the way of reduction Of price. On
the other hand the intending purchaser.
having in view the universal financial and
commercial depression, holds out Tor low
prices. which cannot be found very easily
Inc banking men admit they have Tot
iost confidence in city realty. but so soon
as money gets easier generally they will
resume loaning literally. From this cheer
Ing view OF the situation bright future
is anticipated.
With regard to real estate in San Fran
cisco very pertinent and important fact
is given 10 show confidence and healthy
condition OF the market through many
years. The amount of mortgages has ex-
ceeded that OF the releases by fully % per
cent every month. This held good for the
months Of June and July, indicating there
was no falling OFF in the relative proper
tiOns of the business. 1t certainly shows
that money is being continually invested
and sunk in the city's real estate.
Baldwin & Hammond report that own
ers are holding on firmly and few conces-
Sons are made bv them to BUYERS.
G. h. Umbsen & Co. had good average
week, having closed sales to the amount Of
$4,000.
Madison & Burke say business was bet
ter last week than during the previous
one. Inquiry was good with them, and
the result was some good sales.
Lots for small dwellings in the Potrero
are selling steadily TO people who want
cheap home Sites Within few blocks
from the Potrero-avenue hOrsecarS and
the Twenty-fourth-street cable-cars prices
for lots 25x100 feet are as low as $500 on
easy monthly installments. The streets
are being graded steadily and on a rather
extensive sale. Water and sewer pipes are
being laid on the newly opened streets,
and so there seems to be many induce
ments for men Of moderate means 10 use
their money in building homes in this
promising neighborhood.
The ObstructOnists who fought the
MlSSlOu-StIcot WiuculllS iHOScuIcut udfc
been compelled to move their houses back
to the new street line. This should have a
beneficial effect on real estate along the
widened thOrOughfare aud adjoining
streets. Much inconvenience was caused
by having some houses juttlng out from
the regular line, and still more is caused at
present to property-Owners out on Miss on
street by the Pacific Improvement Com
pany-a sideshow of the Southern Pacific
of Kentucky corporatinn-estaDi shlng its
own grades for its electric line.
All legal question having been settled
by the Supreme Court in favor of the
| estate of h. A. Pearson, and the titles
having been shown to be perfect. the re-
naming really will be sold at auction by
Won Rhein d Co. on the 31st inst. Tie
property consists of a lot 109x115 on the
north line OF Clay street. near East. and
running through to Merchant street. In
addition to this property nineteen water
blocks at North Beach, in the vicinity Of
ex-senator Fairs land, Will also be offered
for sale at the same time.
Colonel ". H. Mentor, for many years
the popular excursion agent Of the San
Francisco and North Pacific Railway COM
pany, severed his connection with that
company yesterday. rendering his resigna-
ton for the purpose of entering upon the
business of dealing in real estate, in COLI
junction with Peter j. McGlynn. In the
new field which the colonel has chosen be
will have the good wishes Of the large
number Of people who are acquainted with
him: 1t is only by reason of extended ac-
Quaintauce with men OF all classes in both
city and country that he can enter on the
real-estate field at this time without any
feeling OF Misrepresentation as to his
making the venture a success.
The following sales of land south of
Golden Gate Park are reported by Sol Getz
& Brother: Lot 5Ox120, east line of
Hwolfth avopup 000 feat South 0f I qfroaf
for $1,000; 5Ox12O. east line of Tnir:y-sixth
avenue. $50 feet south of j street, for 5000;
I25x120 east line of Twenty-third avenue.
200 feet north of l. street. for $4,000; 25x
100. south line of K street, 80 IS feet west
of Twenty-seventn avenue, $500.
Construction of a dwelling for DR.. G. F.
Buckley will commence in few days at
Van Ness and Myrtle avenues. This
building is to cost 100000
Contracts were closed this week for a
dwelling on the northeast corner OF Jack
son and Scott streets TO, S3S. 600: also for
mouse on Broderick, near Buchanan, cost
ing S4910.
Louis Lander is building two residences
at Walnut and Washington streets for ex-
Judge Pattison and Clement Bennett. The
tota, cost will be about S35. 00O He has
also begun the erection of six cottages on
Sixth avenue. near California street. at a
cost of $500 each.
rott estate is preparing to errct-one on
Market street. the other on Union
square-will give a stimulus to the build
ing trade. ADnut 100000 is about to be
expended in these handsome structures.
A. II. Breed & Co. will offer at their
salesrooms. 400 Ninth street, Oakland, at
P. NJ. to-day some improved inside pro perty
in Oakland, and also the following choice
properties: Broadway business property,
near Second street; residence sites. corner
of Tenth and Chestnut streets; East Oak
land residence lots. Eighth avenue and
East Twelfth street; Peralta Heights lot
Athol avenue, near Avon place; Thirty
seventh street residence. near San Pablo
avenue; Grove-street income property,
rear Twenty-fourth street; Bella Vista
Park residence, Eleventh avenue and
Bella Vista; new Piedmont cottage, half
block from the cable-cars.
Law and Order.
The AntiChinese Law and Order T,AapuA