The morning call., 1894-04-28
REALTY AFFAIRS.
The Rain Improves the
City Market.
Some Representative Sales Made by
Local Real Estate Houses
This Week.

This Week.
Probably no cause had such an effect on
the real estate interest of this city and
| California during the past seven days as
the copous fall of rain. The drought wa:
already beginning to make itself felt Oh
county land interests in the customary
way, ana feeling like decline of conf
dence was growing. Naturally enough
city real estate began 10 feel this ten.
dency toward depression Business was
more or less affected and with 1t property
always keeps company. The consequence
was a lack of enthusiasm and liveliness In
the market. But the rain has caused all
misgivings to disappear, and not only shat,
but created confidence In the outcome of
crops, which undoubtedly has improved
the tone of tile city realty business.
Although there is no sign of a remark
able change with regard 10 movements in
any portion of the city, the market at
least maintains its normal standard.
Money is certainly very easy of access,
but as an offset comes the new conser-
vatism of capital. for bankers will not
take mortgage on any property without
a margin of something like 40 per ceut and
frequently 30 per cent of the purchase
price, where cheap lots In accessible
nelg Ii boPho DDS, when properly advertised
and pushed to the front, find purchasers.
In this way quite numDer OF lots are
bought by persons of IN oderate means who
build cottages for homes. The building
records will show that such houses are
most frequently built al present.
William j. Dingee will hold public auc-
tiob sale to-day in the Llttlefied Tract.
AlcatraZ and Shattuck avenues, Lprin.
There are 40 lots that average 40x135 feet
on the catalogue. and these will be offered
for one-third cash and the balance in
three equal payments with interest at s
per cent per annum. The sale will begin
2 P. NJ. on the grounds, which can be
reached by the Oakland Consolidated Elec-
tric Railway or by five minutes walk
from Lorin station. For persons DESTROYS
of securing q place on which TO build a
to buy at market prices, probably less, and
| besides the property itself offers many In
| ducements to purchasers.
| Sol GetZ IL Brother report the following
| sales for the past week: Lot 70X100 on
the south line of II street, 81 Is west of
Eighth avenue. for $500; lot 50x120 on the
! east line of Twenty-third avenue, 200 feet
north Of l. street, for 500, ana lot 25X120
on the west line Of Eighth avenue, 200 feet
south of II street. for $1,000.
| Will E. Fisher " Co. report sales as fol-
| lows: Lot 30X95 on the west line Of Fol-
som street, 65 feet north of Twenty-ffth,
| for $1,000; lot 25xl06:3 on the northeast
corner Of Waller and Pierce streets for
| $1,000; lot 25XS0 on the west line OF De
Long avenue, 151 feet north of Frederick
street, for $3.50; lot 25x120. on the west line
| of Eighth avenue, $50 feet north of Point
Lobos avenue, for 5000; cottage and lot
26x1l1 on the north line Of Clement street.
vast of Sixth avenue, for $3.50.
j. J. OFarrell & Co. report sales as
follows: House and lot on the south line
| of Oak street. 25x137 IS, for $3.50; house
and lot on the west line OF Dolores, 30 feet
south of Twenty-ffth, 25x11O, for $500
| Rouse and lot on the east line of Fountain,
100 feet south Of Elizabeth 81 :Sx100, for
| $500; house and lot ON south line of
Twentieth. east of Sanchez, 25x114, for
| $500; lot in block 662, Outside Lands,
45x100. for S2275; four lots. each 25x100.
| for $500 apiece; house and lot on south
west corner OF Prospect and Coso ave-
nues, 23xS0, for S2l00; lot on west line of
De Long avenue. 290 south of Waller,
25x8O. for $500; lot on northeast corner of
Pierce and Waller. 25x106:3, for S2S00. and
lot in block in Peoples Homestead. for
| $780, In the country the firm has sold
several properties among them: House
and lot in Santa Cruz. southeast corner OF
Elm and Center streets, 60x115. for $3.50
four-acre tract in Ross Valley, no i'm
provements, for $3.50; $40 acres in Men
/ docino COmpany's lumber tract. at So %
an acre, and 100 acres adjoining the town
Of Redwood for S11 an acre.
| In the building line business is moving
along quietly, but there is promise of a
! very fair summer season, judging from
present indications. Contracts as follows
were signed this week: A two-story frame.
en- Mission street. near Seventh. cost $1,000
a dwelling on Oak street, near Pierce. cos!
| $500; a frame structure on Leavenworth
streer, near Sacramento, cost $1,000; a
dwelling on Filbert street, near Hyde,
! cost 1920; Improvements on Mission street.
south of Thirty-6rst. value S4400; cot
| tage on Elizabeth street, near, Diamond.
| cost $500; dwelling on Liberty street,
near Valencia, cost $1,000; three residences
on Guerrero street, near Eighteenth; four
| flats on Webster street, near Bush. In
addition to these contracts, one for S23. 00C
was recorded for the Verein Eintrachl
| building atEleyenth and Folsom streets.
The San Francisco Gaslight Company is
| building an embankment at it's North
! Beach station, for which the sum OF $40. DOC
| is being expended. The weeks contracts
| for alterations and Improvements IN old
| buildings amount to S15, 800.
II would be we'll for PEOPLE owning real
estate to remember that Monday is the last
chance they will nave for paving the sprinp
| instaIlment of city taxes The Tax Collec-
| tor will keep his office open until P. M. tc
accommodate those who cannot go there
during the day. At P. Nj. Monday these
| real estate taxes will become delinquent
Something About Bears.
Part ten of PICTURESQUE California Is