The morning call., 1894-07-07
EASTERN CAPITAL.
1t Is Invested in City
Hall Lots.
SOME LIFE IN DULL TIMES.
The Real Estate Market Does
Not Stand Still.
PUBLIC ADMINISTRATORS SALE.
New Buildings In Course of Con-
struction-BusineSS Affected
by the Strike.
'UBLIC ADMINISTRATORS SALE.

AN 0lQ anu prominent Eedl oSLato uedleI
10 this city said yesterday that he did not
believe the thing known as seasons"
existed in the realty business. DE believed
that investments in property transfers.
house renting and so forth go on about
equally the year round. Yet the gentle
man was not particularly busy during the
afternoon yesterday and said he had not
been so for week. He ascribed his in
activity TO the strike.
In another office of an equally prominent
realty agent 1t was said: eve do not ex-
pect much activity at this season of the
year, particularly in the week of:the Fourth.
When the families begin to return from
the country house renting especially will
increase and an improvement in business
generally may be expected"
So ideas differed on the Rialto. But
the actual condition of affairs was almost
the same in all offices. The only activity
that had been manifested in the last ten
days was in the matter of the Public Ad-
ministratOr's sale by Baldwin ~ Ham
mOnd on Thursday of last week. On that
occasion several large sales at good figures
were completed. To A. B. McCreery was
sold for S11,75 a lot on Clay and Jones
streets: to Mrs. Wightman for S25. 250
lot on the northeast corner Of Sutter street
and Grant avenue, aud to Frenchman,
+. Peguilhau, for SO. 700, the southeast
corner of Dupont and Washington streets.
The customary weekly auction sale of
Easton. Eldridge & Co. was not held on
the Tuesday preceding the Fourth. 1t has
therefore been set for Tuesday of next
week. Among its offerings will be found
property on Valencia street, near IWeD-
tieth; on HaIght street, west of Scott; on
Brannan street, west of Third; on Steven
son, near Ridley; on Castro Heights, near
Twenty-firSt street; also some residence
lots in Western Addition and in the Mis-
sion. At the same time will be presented
in sale for trustees TWO large acre tracts in
the interior of 200 and 52G0 acres respec-
lively
It's reported that O'Farrpll & Co. have
sold six Citv Hall lots TO a New York cap
italist for 100000 The property fronts
seventy-fve feet or the northerly line of
Market streets. and runs back 200 feet TO
City Hall avenue. the frontage there being
the same as on Market street. If it be
true that these lots have been puTch hased
by Eastern parties the fact will be encour-
aging news in the local market, which has
experienced no influx Of outside capital for
many months
Local capital seems always ready for in
vestmeDr. An evidence of this is given in
the weekly report from B. NJ. Gum & Co.:
Lot 81 :6xl37:6, on the north side of Post
street. opposite Union Square. adjoining
westerly the Pacific Union Club. for S65,
600. The buyer is A. ArOnson. The pres
ent old improvements on the property will
soon make way for fine fVe-StoTy brick
building.
Lot 25X59:6 on the north side of Sacra-
mento street, so west from Drumm, sold to
the Deming-P Palmer Milling Company for
S11,250. Lot 25x137:6, with a two-story
frame dwelling. known as 922 Page street.
between Scott and Deyisadero, $500.
In The way of new buildings the activi-
ties are follows:
A brick building, tw0-stories high, is to
be built on Stockton street, near Pacific !;
cost $500.
A one-story cottage, costing $1,000, will
60 up on Second avenue, near Point Lobos.
& twO-story dwelling will be built on
Hayes street, near Buchanan, costing
S44O0.
A house is to be erected on Fl street at
Twelfth avenue, fronting Golden Gate
Park. The Improvements will cover lot
45x100 feet
A 5000 dwelling has been commenced
on Ninth avenue, near California street.
a twO-story dwelling goes up on Bryant
street, near SOlano. Cost S2600.
A $4,000 structure is to be built on Fifth
street, north of Clara.
Additions to the value of S2700 will be
made to the property on the southeast
corner or valencia and Quinn streets.
The fourth annual report of the Capital
Building and Loan Association shows that
the concern has outstanding loans TO the
value of $77,S50. During the past year ten
loans were made, averaging $1,000 each.
The society has 1916 shares in force, of
which 436 are borrowed on. Stocks on
which the full four years. instalIments
have been paid. amounting to S48, have a
book value Of SCI A and surrender value
of $53 88. Other series OF stock show
proporlionate gains. Mayor Ellert is presi-
dent OF the association, w. H. Davis is
secretary and Herman Shainwald is treas
urer.
In country property Alslp g. Co. report
that there would have been some move
ment this week but for the blockade on the
railroads. Several large sales any many
small ones are under way, but could not
be consummated because of the impossi-
bility of taking intending purchasers to
inspect the grounds.