The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-05-13
REVIEW OF REAL ESTATE,
The Market Outlook Con-
tinueS to Be Very Prom
Using.
INSURANCE OF LAND TITLES.
Progress Indicated by the Asses
sor'S Appraisements on
Improvements.

| The real estate market is in healthy
condition and continued improvement is
certain. Business is brisk in the building
trade, which shows greater activity this
year than last season.
| Never since the heroic prospectors laid
| foundations of Western industrial centers
| has there been founded a city which
through the whole unbroken line of its
municipal life has enjoyed the continue
| ton of steadier or more healthful growth
| than the metropolis of the Pacific Coast.
| There have been seasons of imitation and
| booms, born of unhealthy speculation,
which have lived precarious and limited
life and dropped dead in the light of legiti-
mate and healthful business enterprise.
They have sprung from the bosom OF
speculative greed, and like bubbles on the
water have in their shimmering beauty
danced before the admiring money getters-
who seek much for little and who reach
for the bubble only to see it disappear, lose
their balance and fall into the depths VIC
| tins of their own capacious, grasp1ng
greed.
The enlargement of San Francisco's
prosperity has been steady and healthful
! through nearly all the years of the COM
munity's life.
Even during the depression of the past
| few years the improvements of the City
| have forged ahead, as may be seen by
review of the Assessors reports. Improve
ments on realty in this City were appraised
| by the Assessor for So, 019, 925 more in 1892
! than 1891. In 1893 gain on improve
ments is shown by an increase of the
assessment by So, 265, $50, while 1894 shows
81, 291 ,045 increase. Everything indicates
| this year will show a much greater in
crease than any of the above mentioned
years.
TITLE INSURANCE.
The attention of real estate dealers is
| being directed to the subject OF title insur-
ance. A great necessity of the market is
understandable titles" When the time
comes when realty can be transferred as
easily as bond or promlssory note real
estate will always be moving. Questions
of title now hamper everything. There is
no logical reason why business man
should not have his realty under as prompt
control for business purposes as his house
hold furniture, his insurance policies, or
other things upon which money can be
Immediately realized.
Ex-Mayor Ellert, manager of the Cali
fornia Title Insurance and Trust Company,
claims that all this is accomplished by the
system in vogue by his company. For
which gives hurried purchaser,,protection
for he knows that up to certain period
the title is guaranteed. To continue the
abstract and take out a subsequent policy
| is the work of only few hours. Guaran-
! teed policies are being used in many real
estate sales in this City, and before long
| title insurance promises to become an eS-
| tabished institution.
APPROACHING AUCTION SALES.
Do1l p L
will offer at auction in subdivisions one of
| the most slightly blocks in the City. The
property in question comprises thirty
| three lots, bounded by Haight, Waller and
| Lott streets and Masonic avenue. The
| land in this district requires 10 COM
mendation, as the neighborhood is recog-
nized as one of the choicest sections for
residence purposes in the City. The terms
of sale are inviting, particularly for those
wanting to buy lot for homestead pur-
poses on time, one-quarter cash of the
purchase price being required. The street
work is done; the sewerage system
throughout the district is one of the best
in the City, and there are abundant rail-
road accommodations near at hand to af-
ford transportation to all parts of town.
At noon next Wednesday Shainwald,
Buckbee & Co. have a miscellaneous cata-
logue for auction. a large corner on Van
Ness avenue, fronting the reservation
grounds at Black Point, is ordered to be
sold by the assignee and bargain is there
fore probable. An improved piece on the
corner of McAllister and Laguna streets,
bringing in nearly $500 month, is not
likely to change ownership without brisk
competition. Fine residences on Devisa-
dero, McAIlister, Folsom and Waller
streets are distributed through the cata-
logue.
At o'clock in the evening of the same
day the firm will offer in their salesroom
a block of Mission property, bounded by
Twenty-first, Twenty second, Hampshire
and York streets, comprising forty-one
building subdivisions. The drainage is
perfect and the railroad accommodations
are excellent. The selection of o'clock at
night was made in order to accommodate
the working people, many OF whom could
not attend during the day.
On the Doth inst. the same firm will Of
fer at auction the property of the Pioneer
Woolen-mills Company. The property is
located within the boundaries of Van Ness
avenue, Polk, Beach and North Point
streets.
G. H. Umbsen & Co. will hold miscel-
laneous sale of fats, cottages, residences
and building lots on May 81. The list in
cludes very many desirable pieces.
Umbsen & Co. have scheduled an auc-
ton of a special piece of property in Oak
land to take place this month.
Easton, Eldridge & Co. are making ar
rangements to run an excursion to the
Johnson ranch in Sonoma County in the
near future, where they will sell at auction
some of the fancy livestock of the estate of
the late Mrs. Kate Johnson.
On May 81 the same firm will hold a
sale at their salesrooms of about $4,000
worth of diamonds and jewelry by order
of a PLEDGE; on May % they will offer
catalogue of city property of miscellaneous
character, and about the middle of June
they will offer at auction a body of land
on the San Jose road in subdivisions.
A lot on the north line of Golden Gate
avenue, between Leavenworth and Hyde,
50 IS feet front by an irregular depth, will
be sold by the Probate Court on the 2Sth
inst, to settle the estate of Elizabeth Tish-
bourne.
SALES REPORTED.
Thirty-three acres of the Pierce property
at Santa Clara were sold few days ago to
Mr.. Bond for $685. 900.
J. T. Peters reports the sale of the Kohler
& Frohling vineyard near Glen Ellen, COM
prising 700 acres, to j. Chauvet for $35, 100.
Will E. Fisher & Co. report the sale of
nine lots during the past week in the block
bounded by Point Lobos avenue and Glenn
ent'street and Thirty fourth and Thirty
g fll ~ ;o1r :,