The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-08-25
They Show a Wish to Get
Real Estate.
" WE ARE ONLY WAKING UP. "
Opinions of an Agent on the
Situation.
A HOPEFUL PROSPECT AHEAD
Business Is Better in the Building
Trades and Improvements Are
Springing Up Rapidly.

anu
Springing Up Rapidly.
The greater number Of real estate agents
their business, and a general expression of
satisfaction is given because conditions
have so changed. Though business has
not increased to any appreciate extent in
volume there is good ground to work on.
Buyers appear to be in earnest and will
make offers and go higher than their first
bids, thus showing an inclination TO pur-
chase property. Heretofore, during the
months of depression and doubt. intending
purchasers would seldom make an offer.
preferring to hear the owners ideas Of
value and then holding back for bargain.
For an illustration of the changed con-
dition an agent said yesterday: I'VE are
In the same state as a man who wakes up
and knows that a good breakfast is await
ing him. but he feels drowsy and slow to
get out of bed. He thinks IL best 20 lie
awake for a while before stirring. We
were asleep and are now just arouSlng
ourselves"
Money has become so easy that bankers
are beginning 10 calculate upon interest
AOi bho CuoulDS IcIuls Au OpiulOb 10 Soii-
ing strength that if money be not loaned
more literally at lower rates of interest
savings banks cannot pay anything like
| old rates.
The example set on Bush street, be-
tween Kearny street and Grant avenue,
where cObb.es are being replaced With
unanimous pavement, has stimulated
Droperty-owners in the adjoining block
between Kearny ana Montgomery to make
similar Improvement. q petition for the
change is being signed by owners of prop
erty on this latter block, and 1t is quite
likely that the umsightly anu treacheTOuS
cobbes will disappear.
The stock of the SutrO Railroad Com
pany is selling even better than the agents,
Won Rhein 81 Co., had expected, and sutfi-
Gent capital is already in sight TO justify
the company advertising for supplies. For
instance, $4,000 railroad ties are wanteu
Tor the new TOau, ana tenders must be IN
before August 80. An officer of the SutIo
road said the purchase Of the Metropolitan
line was victory for SutrO, because 1t Will
be extended to the beach and will guaran-
tee scent fares for the whole distance.
1T seems like a confession" he added,
that the demand of the people for D.
cent fare was we'll founded and an adms-
sion that even a road, 6uTdened with
bonds, and passing through an unsettled
district and reaching the beach In a round
about way, can carry passengers at cents
with profit. II is needless to say that such
apparent admission is calculated to stimu-
late greatly the subscription 10 the Sutro
Railroad. as that corporation ought to soon
become paying property, with its direct
route, freedom from bond burdens. eco
nomieal construction and management and
| uneXceptiOnal terminal advantages"
.. F. Won Rhein 81 Co are preparing a
| catalogue of real estate for an auction to
be held by them Sepem Der 10 next. The
catalogue includes two referee sales aud
| two pro bate sales, in addition to a selec-
| ton of miscellaneous nature.
Within the past few days VIII Z. Fisher
q Co. made the following sales: Lot 75X
! ID 20. on east line of ShOtwell street, 1876
north of Twenty-fifth, S4650; lot 25x120,
on east line of Sixth avenue, 225 south of
| California street, S1100; lot 25X120. on east
| line of Cook street, 225 south of Point
Lobos avenue, $3.50; lot 25x10O, on north
| line OF Point L0bOS avenue, 81 IS west OF
! Eleventh. $500; lot 25xl05. on north line
| Of Clay street. 81 west OF Broderick,
! $500; lot 25x120, on west line OF Tenth
avenue, 100 south of Point !Iobos. $1,000;
! lot 25X95. on northeast corner of Twenty
| fifth aod Shotwen streets, $3.50
| The following building contracts were
recorded during the past week: Founda-
tion for building at Davis and Washington
streets, cost $3.50 75-piling. grading. ETC.,
for S15,63S; three story brick school
house al Bush and Stockton, cost SIS. 275
twO-Story flats. northwest corner of Polk
and Bonita, cost $4,000; two-story dwell
ing on Green street. west of Cough, cost
| $4,000; concrete work at ST. Roses Church,
Branpan, near Fourth, cost u cents per
cubic foot; cottage a. Polk and Austin
streets, Sl420; cottage on Golden Gate
| avenue, west of Lyon, cost S173S; three
story brick building on Trenton. near
| Washington, cost S4140; three-story frame
dwelling for fats on Jasper street, near
Filbert, cost $500; twO-story frame, ar
ranged for stores and flats, on Ellis, near
| Scott cost $500; tw0-story residence on
Washington, near Broderlck, cost $4,000 {;
dwelling on northwest corner of COrt-
land avenue and Buena Vista street, cost
S3S76; dwelling on Fulton, near Lyon.
cost S32S5; three-story frame for flats on
Sacramento, west of Cough, cost $500 ;
plumb bling on house at OFarrell and lay
lor, cost S1400; dwelling. southwest cor
ner of Sacramento and Cherry, cost $1,000;
two-storv dwelling on Pine, west of Scott,
cost S2050; all work except painting and
plumb bling on building at the southeast
corner of Point LObos and Fourth ave-
nues, S5490.
In all as many as twenty-three contracts
| were signed and placed on record this
week. The average amounts will be found
to compare favorably with the average of
prosperous times, and the aggregate is
sufficient proof of Improvement in all
building trades. This change for the bet
ter IS not merely sporadic event, LOT IL
has been growing of late. 1t may be taken
as sign of returning prosperity In direc-
tions directly affecting real estate.
The contract for the stone and brickwork
of the Spreckels residence on Van Ness
avenue was let this week. With contracts
previously awarded this brings up the
cost of construction 10 about S54, 600.
The BuildersS Exchange has grown to
such proportions that a directory and
handbook of the institution is now in prep
| aration. In its scope this book will be
comprehensive, and consequently it will be
a boon TO builders and all persons allied
| with thenn in hnsiDASS