The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-12-15
A Firm Tone Is Noted in Realty
Business.
AUCTION PRICES SATISFACTORY.
Interest in Land South, of the Park Is
ReturDing-Protest OF Prop
erty-Owners.

tIduSloIS uuEIuS VIC uTbb TWO WEEKS Oh
December firm tone is noted in buying
and selling. This may not mean that the
market itself is an actually firm one, but
relatively with the standard of 1894 bust
ness compares quite favorably. Then the
first rains have served to make things
look brighter.
Less inclination to secure city land than
existed few years ago is taken as mat
ter of course. And yet while people with
money have not the buying fever the sales
effected every day show tat real estate.
Notwithstanding the uncertainty surround
ing all classes of speculations, is still re-
garded as the most stable article of
vendue.
Within the last week various sales have
been made, which verifies the often re-
peated statement that price is the one
hing that in fiuences the buyer, that he
wants to invest, and when a good piece of
property is off cred at figure in keeping
with the times it does not 20 a-begging.
The auction sale of Shainwald, Buck bee
& Co. this week may be taken in support
Of this argumen t. Several valuable prop
critics were offere to the public by order
of Public A administrator Fleese, and be-
cause the offeri ng was really attractive
for buyers very satisfactory sale re-
suited. In all. $11S500 was realized from.
the following sales: 1890 Twentieth
street, lot 50x11 0, 1890; lot on Landers
street. close to Market, 5000; 10S-l0Sb
Shipley street, lot 25x75, with tenement
building, S3135; lot 50x120 on Twenty-sixth
avenue, near . street, $3.50; $50 Castro
street, near Twenty-second, lot 20XS0,
with two-st6ry house, $1,000; 2212 Devils
adero street, lot 25x11 0. $1,000; lot on Oc-
tavla street. near Filbert, 25x137:6. $1,000;
lot on Clipper street, near Church, 26x
ia. 5000; northeast corner OF Third and
Tehama streets, with four-story frame
building. rem ii Dg for 1926 monthly, $4,000;
the southwest cor ner of Washington and
Hyde streets. 37:6x137 &c. with eight frame
dwellings,. rem ting in all for 1897 so per
month. S42.5 90; lat and 149 Natoma street,
near Second, 40 XS0, with tour-story frame
building, $4,000; 1121 and 1121h Alabama
street. lot 25x100. with two-story dwelling,
$3.50.
a representative sale of pr operty in the
heart Of the real estate district was effected
within the past week. 1t likewise bears
out the claim that good thing is always
in demand at good price. This transac-
ton amounted TO SS1, 600. which was paid
lOI lOt Ou hodluy stI60s 90 I6eI DOTtD Oh
Suffer. with frontage OF 26 feet and
depth of COZ feet. The Improvements
consist of a three-story and basement
brick building at 213-215 Kearny street,
which brings monthly rental of $3.50. As
the lot is very shallow the price. rating
over $1,000 front foot, is considered well
up to what the lot is worth. The buyer
was DR.. j. o. Hrschfelder, and the seller
Mrs. Hannah Gallagher.
Local architects are not at all flattered
over the selection of two women architects
of New York TO built the proposed Flor
eDce Sanitarium, a kind of private hos
pital, at Laguna street and Broadway. The
building is to cost about S25, 900. AS there
are at least 100 San Francisco architects
pable of designing and building all the
city needs, and this institution will de-
pend for its support on San Franciscans,
the. architects complain very bitterly
against going East for builders. The cues
ton was discussed around the Builders
Exchange yesterday. when one architect
remarked it would be the logical way for
such people to go to New York for their
patients.
Property-owners in the neighborhood of
Haight and Stanyan streets have taken
their cue from THE CALL and entered a
protest against the Southern Pacific fence
that has been standing for many years on
Stanyan street They claim that this fence
is injurious TO business by blockading the
street and stopping traffic that otherwise
would bring trade to the neighbOrhocd.
The fence is part of an illegal barricade
main tanned around the railroad depnt
which stands in Golden Gate Park. Ii
would be better still to abolish both depot
bu lding. or rather ugly shed and fence.
simultaneously. They disfgure the en-
trance to Golden Gate Park, and now that
the city has grown out around it property
owners are doing no more than asserting
their rights when asking that the obstruc-
tions shall be removed.
Indeed, propsrty-owners south of the
mark have suffered from the injustice of
blocking ingress to Southside at Stanyan
street and along II and adjacent streets.
Before much can be hoped for in advance
ment of property values out that way a
highway similar to Point Lobos avenue
will have to be constructed, and this lies
exclusively with the people who own the
land Whereabouts.
Further west signs of returning interest
in Southsde are evident. The two blocks
bounded by Eighth and Tenth avenues
an6 | and j streets are being graded,
and the streets adjoining macadamiZed.
The Callaghan estate is con templa,ing the
grading of land between Tenth and Six
teenth avenues and II and / streets. Some
pretty cottages have been built near III
street and gradually the place is being
settled.
Stockholders in the Sutro Railroad have
been notified that the second insta lment
of 81 per share is now payable to the sec
rotary at the Office of Won Rhein 81 Co.
Any subscription upon which this call is
not paid on or before the 30th day of jan
uary. 1885, Will be delinquent, and there
upon all right to any shares upon which
payment is not made and all sums thereto
fore paid on account of such subscription
will be forfeited TO the company.
Real estate agents say that the Spring
Valley Water CompaDy's rates have been
raised on an average OF Is to 20 per cent.
and in some instances as high as 30 per
cent. The company claims the right to d o
so on the ground that their rates were not
ND TO the legal limit. Old rates were bad
enough, but now water costs small fam
lily about as much as light and bread CON-
bined every month. Possibly the company
is only making an honest dollar while 1t
can, and preparing for the expected reduc-
tion In rates to take place when the new
Board OF Supervisors investigate water
matters mex, February.
Sol Gaz 81 Brother report the follow
sales: Lot 25x120 on the east line of
Twelfth avenue, 250 feet north of Point
Lobos avenue, $1,000; 25x120, on east line
of Twelfth avenue. $50 feet north of
street, $500; 25x120. on east line of Twen-
tv.third avenne 100 feet smith of X streat