The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-01-13
LOANS ON REALTY.
Savings Banks Accept
Mortgages.
BUT AMOUNTS ARE LIMITED.
Expectations That Money Will
Be Cheap.
PROSPECTS PLEASE THE AGENTS
Real Estate Men Report Many Rep
resentative Sales Since the Holt
day Season Passed Over.

The most assuring news in real estate
circles this week is thai savings banks are
making limited loans and intend increas-
ing st an early date the limit of sums
loaned. Little perceptible increase in the
volume of business as result of this is
yet noticed, but real estate agents feel
theTe is new impetus 10 the market.
The amounts which savings banks have
SO far given out Cd city mortgages does
not exceed 5000, and the majority fall far
below that figure. Sums of $1,000 or
$1,000 are obtainable on mortgage, but
even then the security is selected both
with regard for its legal aspect and SAL
ability as the banks have learned from ex-
perlence that this latter qualification is
most essential when money is in demand.
Anything like the old mortgages may not
be seen on the records for two or three
months yet, and for the present banks are
satisfied with renewing those large sums
which were loaned in a better financial
market
Realty in spite of all is slowly and surely
picking up and assuming steadier tone.
confidence in ii now is as strong as at any
time in wears
De Rachmant & Poehlman report the
sale OF the lot on the northwest corner of
Lake street and Ninth avenue, 72x120.
!. j. OFarTell IL Co., house and lot on
north side Of Post street, 10 west of Brod-
erlck, q :6Xl37 %, for $500; the new house
and lot, 25Xl00, on east line of DevlsadeIo,
norih Of McAllister. for $4,000: the lot.
25X1a6:3, on east line of Ashbury 290 south
OF Waller, through TO fremont avenue, for
$500; the lot 25Xl00, on south line of c
street, II &c west Of Fifteenth avenue. for
S525; three lots on II street, between
Eleventh and Twelfth avenues, for $3.50
each. and two al 5000; two-story house and
lo', 1UOX140. in Baden, for $500: lot 5OY
ITO. Oh A street, 100 south of Second avenue.
IN San Mateo. for $3.50, and ranch OF 592
acres near Ukiah for $780,
Sol GetZ & Bro. report the following
sales: Lo, 25x1O0, on .onth line Of II
street, 81 g feet east of Ninth avenue.
$500; lot 25X100, on east line of 81 street
- IS feet west If Eighth avenue, $500; lot
50X120. on west line of Z ghth avenue $50
feet south of 1 street, $500; lot 50x120, on
east line Of Twelfth avenue, 225 feet north
OF j street, $1,000; lot 50Xl20, on east line
n Ihlrty-slXth avenue, 100 feet north of
& street; $500.
Shainwa!d, Buekbee g. Co. report the
sale OF house and lot al 1924 California
street, near Webster, lot 80 :6xl52 6. for
$4,000; also twenty-five lots in the block
bounded by Fourteenth and Thirteenth
avenues and Lake and California streets
for $500 each. and the two corner lots on
California street and these avenues for
Sl400 each.
Madison d Burke report the following
safes Lot on the orth side of Fifteenth
stree, between Sanchez and Noe, 25x1I5.
with old frame building in rear, for 5000:
vacant lot IN Richmond, on west line Of
1Wenty-SecOnd avenue, between Point
Iobos avenue and a street, 25x12n. for
$3.50; lot and old improvements on east
line OF LarkiD street, between Green and
nj DlyE S.R
mond. on west side of Fifth avenue, be-
tween Clement and California streets. for
$3.50; also the adjoining lot 25x12O. for
$500; lot 20X91 and improvements of three
fats, on north line Of Clay street. between
Mason and Powell, for $4,000; retail bust
ness block OF i've stores, renting for SIG
per month. on the northeast corner of
Fillmore and Pine streets, LOT 54xS7 e
building consisting Of a one-story frame,
for S24, 900.
The northwest corner of Sacramento and
Front streets, 90 feet on Front and 1916 on
Sacramento. owned by the Metropolitan
Trust Company of New York. was sold
last week fer SIC, 800. The property is an
old two-story frame building out IF repair.
1t Is rumored that modern structure will
be erected on the lot
Easton, Eldridge & Co. have selected
catalogue Of diversified property forIsale by
public auction next Tuesday. The LIST
the following will show: Improved bust
ness property, 1862 Market street; resi-
deDce. Ills Cough, north Of Ellis street
81 and 31R Clinton Park. near Market
street; residence lots, northeast corner
Union and Scott streets; residence, 81
Castro, near Twenty-frst street; lot, south
line Fulton, west of Baker street; lot. north
line Greenwich, east of Polk street; tene-
ment-house, 126 Perry, southwest of Third
street; lot. east line Sanchez, about 1913 feet
north of Iwenty-third street; lot. south
line McAlAster street, east of First avenue:
iot.. south line Duncan, west of Church
street.
A building to cost $4,000 is to 90 ND on
Page street, near Masonic avenue. A $1,000
frame building will be erected on Union
street. near Kearny. Frederick street.
near Clayton, will have new $4,000 resi-
dence. The grand stand in Sunset City
was contracted for this week at cost OF
$3.50.
Bugbee & Cash, the architects, have
formed copartpership and are busy with
plans Tor residences and other buildings.