The San Francisco call., 1895-12-02
REALTY MARKET REVIEW
Views Upon the Settlement OF
the Country Lands Of
the State.
PROSPECTS OF IMMIGRATION
Building and Loan Association Plan
Defended by James L.
Fields.

The real estate brokers are finding en-
couragement in the prospects of increased
active work of powerful colonization Or
CARNATIONS, the honest and liberal repre-
sentation of the resources of California by
the daily newspapers. and the early pros
poets of severe and long winter in the
Northeastern States.
Increased immigration will be largely
the result OF the efforts of colonization
promoters, because smaller propositions
cannot afford to maintain the same East
ern and foreign offices and spend the vast
sums of money in distributing literature
upon the resources of this State that
colony organizations do.
A great hindrance to the legitimate
colonization enterprises in this State has
been the disposal in Eastern and European
markets of compare lively worthless lands
of California at the same figure at which
good lands have been offered here.
One OF the colony tourists from the East
who recently put up at the Russ House, a
substantial farmer from Iowa, remarked
that before he left home he had been taken
aside by the banker of his town and
warned to be especially careful before in
vesting in California, as there were great
many poor places and many real estate
sharpers ready to sell him barren lands for
fertile fields.
The advice given by this banker un-
doubtedly represents the feelings of some
people in the East. While this is not a
fair view TO take of this State and its peo-
pie, the State and its people have to bear
the bad name caused by the deceit of some
Id 1,n hox- cN11
fruitful land at extortionate prices, and
also of investment companies who have is
sued flaming prospectuses regarding phe
nomenal profits to be realized from vine
yards, ETC., to attract capital only to eat
up all the income with real or extra ex-
penses, until, in disgust, the investors
have thrown up their properties.
1t is pity that there should be any
ground for such statements but now that
Eastern people have had their eyeteeth
cut, there is doubtless room for legitimate
colonization enterprises.
The colonization organizations are re-
ceiving increased inquiries with regard to
their lands, and q number of new compa-
MES have been recently formed to pur-
chase lands for colonization purposes.
During the past week it was reported that
Eastern parties had bought a large tract of
land in Alameda County to subdivide in
small tracts; and also that prominent
firm was negotiating for large tract in
Central California for colonization.
The most successful excursion of colo
nists this season left Chicago on the 14th
of last month with view of settling upon
the Fair Oaks Tract, near Sacramento.
The excursion was in charge of Samuel
Wilson of the Howard Wilson Publishing
Company OF Chicago, for whom Edwin K.
Alsip e. Co. are the local agents. 1t con-
sisted of five well-filled tourist-cars, a very
select party, composed of men of means,
many of whom bought land and paid for
it in full, when only one-third of the price
was required. When the eXcursionists
first arrived in Sacramento they were re-
ceived by the Cham Der of Commerce and
given an ovation not soon to be forgotten.
They were shown some of the most at
tractive orchards of Sacramento County
before being driven to the. colony lands,
located nine miles out of town, with the
result that very large amount of land
was sold to class of industrious, tenn
perate, weIl-to-do people who will add
materially to the wealth of that section of
the State.
E. B. Myers, of the firm of E. E. Harlowe
& Co. of Stockton, agents for the Arno and
Stockton colonies, has just returned from
an extensive tour of the Lake States. When
intervied few days ago in this City he
said:
Eastern Offices in Columbus, Ohio. to the
country fairs, in order to come in contact with
the farmers and talk with them personally. l
found strong sentiment in favor OF coming
TO California. The cost of transportation is
against US, however, and precious little con-
cessons can be secured from the railroads
west OF Chicago coming this way, compared
with those east of that city. In this one mat
ter the agents of those large plantations in
Virginia and other Southern States which are
being sold off in small tracts, have decided
advantage.
New settlers to Southern California have
been shown more favors than have been ex-
tended TO those making the central and nor
thern portions of the State their objective
points. More railroad competition will solve
the question of immigration for US. With
present facilities and opportunities we are de-
term1ned to make an effort at the settlement
OF our lands in the San Joaquin Valley, which
amount to $500 acres. An excursion is being
formed in the East by our representatives, and
the indications are that quite addition to
our colonies will be the consequence
When in the City few days ago George
ID. Flske OF Woodland, agent OF the Es-
parto colony lands, said, in speaking Of
immigration to this State:
The inquiries in response to advertisements
In local and Eastern papers with regard to our
land for colonization are increasing. Many of
the people who write from east of the Missouri
RIVER Will become actual settlers IL liberal ar
1angements can be made with the railroad
The Southern Pacific Railroad is more inter-
ested in the matter of immigration than any
real estate dealer can possibly be, and be-
lieve will cooperate in any feasible PROPOSE
tion to help matters along. l am pleased to
my section of the State receiving the
recognition as a fruit-producing section it de-
serves.
In the Capay Valley, where the Esparto
Colony lands are situated, the finest Washing
ton navel oranges develop from two to four
weeks earlier than at Riverside ANY one can
realize what an advantage this is to the pro-
duce:. Furthermore. the State affords no
nicer peach and prune orchards than this
beautiful valley OF Yolo County. Our grape
crop was large ana brought better prices this
season than last year. In this respect, how
ever. Northern California has not been lack
ing in reputation since the late Senator STAN
ford made such success on the Vina Ranch
1t should be matter of congratulation that
good lands are now being offered in small
tracts at reasonable figures, for all good citi-
Zens are certainly as anxious to see our colon
lists succeed as to see them buy our lands
LOANS AND TRANSFERS.
There were fewer real estate loans made
last week than in the previous week. The
following abstract from the records shows
the principal sums and the security ac-
cepted.
BY the Hibernia Savings and Loan Society.
$1S 900, to the Van Ness-avenue Methodist
Episcopal Church for one year at 81 per cent
or property on the southeast line Of Mission
street, ITO southwest of Fourth, 4OxSO; by p