The San Francisco call., 1895-12-30
TRANSACTIONS OF THE WEEK
The Expense Per Share Of Maintain.
ing Building and Loan As.
SociationS.

brokers are only now beginning to feel the
| first evidences of relief. The high rate of
| taxation has necessirated a reduction of
| interest by the savings banks on their de-
| posits. Mortgages are taxed for the full
value and realty about 60 per cent OF its
| selling value. This will no doubt cause
many depositors in sayings banks to with
draw their money and invest it in realty
in order to increase their income. Low in
terest rates on money and the demand for
secure investments will combine to make
real estate favorite with large investors.
| T here have been many manifestations
during December that, in spite of large re-
ductions in rentals and the recent diff
Guilty in securing tenants, real estate in
vestments will be more satisfactory than
| loaning money on call with the chance of
| the funds lying idle good portion of the
year, or banking it for 81 or 4 per cent
! dividends.
| REVIEW OF THE RECORDS.
| The following abstract from the records
shows the principal real-estate loans made
during the past week and the security
| accepted:
By La Societe Francaise, $38 900 to Abraham
| and Fanny Morris for one year at 61a per cent
| On property on the north line Of O'Farrell
| street, 275 west of Stockton, 55x102: :6; by the
Security Savings Bank, $4,000 to L. B. Denni-
| son, Selim E., William Mem. and Lydia Wood
worth to February 1. 1897. at z per cent on
| property at south est corner of Second and
Market streets, southwest rs, southeast 81 Is,
| etc.; by the Hibernia Savings and Loan Society,
$4,000 to Lizzie R. Sullivan at 615 per cent
| per annum on property on the northwest line
OF Market street, 21s:15s southwest OF Van
etc; by the Vallejo Commercial Bank,
| $4,000 to William II: and Mary L. Jordan
for three, years at per cent on prop
s1ty on n the east line Of sSoqgh SO
Ross, $4,000 to William H. Barrows for one
year at per cent on property on the north
line of Hayes street, 159 AZ east of Baker, 25x
ciety, 200 to Edmund Schnutenhaus and
Louis Pockwitz for one year at 81 per cent on
property on the east line of Valencia, 260
| south of Sixteenth street, 20; by the Sc
curity Savings Bank, $4,000 to L. B. Denni-
son, S. E., William Mem and Lydia Wood
| worth until February, 1897, on the undivided
corner of Market and Second streets south
| west rs. southeast 9l :6, southwest 20, south
| east AS IS, northeast 95 and northwest 1856; by
| the Hibernia Savings and Loan Society, $17,-
| 900 to Rose a. Corr for one year at 612 per cent
| on property on the southwest corner of Six
| teenth and Pond streets, 103 :6x30 property
| east of Noe, northeast so, northwest lis,
| ETC.. and property on the northwest line OF
| Market street, 293:44 northeast of Castro,
savings and Loan Society, $1,000 to George
| Schafer for one year at per cent on property
on the west line of Folsom street. 30 south OF
| Greek lane, south 46, southwest 1875, etc,
| and by the Hibernia Savings and Loan So
ciety, $15 900 to Louis Metzger for one year at
| So per cent on property at the gore OF Market
and Sixteenth streets, southwest 154 :91a, north
| 1OO:715, east liz :81l, etc. by the German Saw
| ings aud Loan Society, $4,000 to Robert P.
Heating for one year at 81 per cent on prop
| of Powell 7s :41ax137 IS; and by the Hibernia
Savings and Loan Society, $4,000 to Mary E.,
Arthur j. and Alice B. Dewing for one year at
81 per cent on property on the south line OF
California street. % west of Mason, 81 :6x60.
The largest releases placed on record the
past week were as follows:
By John A. Whelan, $4,000 to l. NJ. and Min
ME B. Kalloch on property on the east line of
Masonic avenue, 167 south of Waller street,
24x15O; by Welch & Co., $17 900, to Mary L.
Zimmerman on property at the southwest cor
ner of Quinn and Valencia streets, 160x2SO,
and property at the northeast corner of Third
and Harrison streets, northeast 139, northwest
| 100, etc.. by the German Savings and Loan
Society, $12, 900 to w. C. Hildebrandt and
| Max Posner on property on the east line of
Potrero avenue, 152 north of Mariposa street,
east 200 north 9s etc t 10 by the Pacific Loan
| Max Posner on property at the southeast Cor
ner of Front and Clark streets, east ia, sou tn
| 12O. etc.. by Peter Droge and f. F. suhr exec
| utors of the estate OF Franz Hinrich Burmes-
| teri, $11 900 to Louis Pockwitz and Edward
| Schnutenhaus on property on the east line of
Valencia street, 260 south OF Sixteenth. south
| rs. east 97:6, etc.; by the Hibernia Savings
| and Loan Society, $4,000 to Elizabeth
Pfeiffer on property on the south line OF Sutter
street, 100 east of Stockton, 25x12O, and by
the Hibernia Savings and Loan Society,
S103 900 to Mary L. Zimmerman on property
at the northwest corner of Suffer and Sansome
streets, 123x137 10.
Deeds were recorded during FIVE days of
last week to the number of eighty-one.
MISCELLANEOUS ITEMS.
Thursday, January %, 1896, has been
fixed as the date of the auction sale bv
Baldwin & Hammond of the Pacific I'M
provement Company's property.
Jacob Heyman reports the sale of seven
lots on Twenty-nlnth street, near Diamond,
during the past week.
A. NJ. Speck, g. Co. have been appointed
sole selling and renting-agents for the
Building and Loan Associations of which
Leon Dennery is secretary and Daniel
Meyer, treasurer.
Bovee, Toy & Co. report the sale of 1900
acres of the McMahan Ranch, situated in
Yolo and Salinas counties. This property
is located in the very heart of the great
early fruit belt, which ships a large pro-
portion of the deciduous California fruits
sold in the Eastern markets. The soil is q
rcn deep, sandy Ioam especially adapted
to fruit and garden culture. Oranges wher-
ever set out have proved the wonderful fit
ness OF Tic SOli anu Clliudlc tOT CltTuS ITult
culture. This section is exempt from FROST
one of the most serious dangers to the
culture of oranges. Grapes are grown to
perfection, as has been demonstrated on o
large scale by the celebrated vineyard of
the late Senator Stanford, which is located
adjacent to the McMahan homestead
Apples, pears, prunes figs and many other
varieties of fruits are also grown to the
greatest advantage. In the way of small
fruits, straw berries, raspberries, blackber-
ries and currants as we'll as in the produc-
ton of vegetables, such as beans, corn,
onions, peas tomatoes, watermelons, pota-
toes, ETC., the wonderful versatility of the
soil is shown.
V. D. Duboce reports that the Tillman
residence, on Washington street. east of
Cough, was sold early last week by Easton,
Eldridge 4 Co. for $4,000.
James D. Phelan is having a new en-
trance put into his block at the junction of
OFarrell and Market streets, which COM
pletes the work of modernization of this
building, electric lights and passenger ele-
vators having been put in during the past
year. There will be two openings on the
Market-street side, each provided with a
pair of heavy plate glass doors, whose
frames and transoms will be in bronze OF