The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-10-28


! at the southeast corner of Grant avenue
and Berry place, and a lot 23x60 on the
north line of Berry, 1916 east of Grant
avenue, for 10000, to A. Ruef.
Easton, Eldridge & Co. report the sale
of the Avery property on California street
for So, 900.
Baldwin & Hammond sold twenty three
acres belonging to Rienzi Hughes adjoin-
ing Ingleside last week for $25, 900, fol-
which $500 was paid in 1884, showing an
advance in value of $21 500 in eleven years
Edwin h. Alsip & Co. report the sale Of
six small tracts of the Sunset Colony
lands near Sacramento during the past
week.
Mendell Welcker, owner of the Terminal
Tract on the Stockton water front, made
several splendid sales last week. The
water front is the scene of Stockton's ac-
tivity at the present time.
MISCELLANEOUS ITEMS.
Thomas Magee & Sons announce thai
another old-time structure is to be re-
moved from the heart of the City. This
time 1t will be the brick building at the
northwest corner of Summer and Spring
streets, adjoining the center of the Cali
fornia Market.
James ?. Mccarthy has purchased fol
the Mccarthy Company the Bovine twenty,
acre tract east of Fruitvale avenue and ex.
Oakland.
Won Rhein & Co., agents of the Sutro
Electric road. report that the fifth and last
installment on the stock subscription has
been nearly all paid in, and that the stock
Is ready to be delivered to subscribers who
are not delinquent. Excepting a few minor
detail. in the construction the road is ready
for operation.
The October number Of the Home
Builder, the official organ OF the building
and loan associations, is just out. This
months issue is devoted principally to ar
guments in favor of borrowing from and
holding shares in local building and loan
associations.
Loaning money on real estate has al
ways been business extensively trans
acted by the California Title Insurance
and Trust Company. The ability to make
its own searches and guarantee titles at a
small traction above the cost of the labor
involved has SO cheapened the process OF
borrowing as to make its loanlng depart
ment popular adi unct to title insurance.
This business has recently increased to
such an extent as to force Manager Ellert
to greatly enlarge the department.. Mort
cages in a young and enterprising COM
munity indicate commercial activity, and
the more the process of borrowing can be
cheapened the greater facility is given to
business in all its forms. Hence the entry
of the Tide Insurance Company into the
domain of banking will be good news for
borrowers. The company advertises to
make loans for the mere cost of the search.
This i. reduction of from % to 50 per
cent on the usual rates. This business
viii also facilitate real estate transfers, for
the reason that purchasers having a
smaller sum Of money than is required to
complete their purchase may secure a
loan of the balance and guaranteed title
without extra charge.
David Bush, manager of the country de-
partment of J. J. 0 'Farreli & Co., in speak
ing OF the future prospect OF the country
real estate market a few days since, said
The market for country lands all depends
upon what one can realize upon such property,
the same as with any other commodity. |
never expect to see a thrifty and contented
farming population until such time as our
country lands are divided up into small hold
lngs. Go through Santa Clara County, whic h
can boast OF perhaps more small farms than any
other county in the State, and you will find as
rule the man owning small place, II he
farms 1ntelhgently, is satisfied. 1t is the man
with large farm, devoted to one crop, who de-
sires to sell out. Small holdings mean diversi-
fed farming, and the one who follows such a
plan OF cultivation of the soil cannot make a
complete failure. AS land is cheap and owners
of large tracts are now willing to subdivide
them, the prospect for the country real estate
market is good.
Jacob Heyman is just completing a
water tank on the Heyman Tract which
will hold $4,000 gallons of water.
WA. Cooper of Blaney & Cooper of San
Jose writes as follows:
Although business is not so good as we
would like, we must admit that there is
decided Improvement over the same period
OF last year. People are beginning TO realize
that the recent panic did not, compare
lively speaking, hurt them, and that san Jose
and Santa Clara County, though possibly some
what sleepy, are nevertheless prosperous.
Many of our residents have taken advantage OF
low-pr1ced building material and cheaper
labor and erected handsome dwellings during
the past summer, probably in excess of any
year since 1887 if not in the whole history OF
San Jose.
Some business blocks worthy of mention are
now under construction, notably the Dough
erty building on Second street. This is to be a
first-class brick structure, pressed brick and
terra-cotta front OF sixty feet, and $50 feet
deep.
The new Hale building, on Second street, is
progressing rapidly and will be an ornament
TO the city. When completed the first f1oor
will be occupied by o. A. Hale & Co., which
gives them ground floor through from First To
Second street, a distance of 2T5 feet.
The "Prune Pessimist' is liable to become
optimistic soon, now that he has courage to
investigate, and finds that right through all
the recent depression there is no branch Of
industry that has made so good a showing
We anticipate no boom" nor do we want
any, but We do expect busy, prosperous times
in the near future.
A. II. Blow of Oakland reports the fol.
lowing sales:
To Colonel J. c. McMullen of Oakland
1871 acres at Grove and Felton, streets
Berkeley. for $4,000; to Mrs. l.. B. Davis
| of San Francisco two stores, with flats
above, on Addison street, near Shattuck
avenue, Berkeley, for $4,000; also twenty.
room house and lot 50x125 on Chapel
street, Berkeley, for $4,000. both of which
pieces of property formerly belonged tc
Colonel J. c. McMullen.
On Saturday, November 9, an excursion
train will leave San Francisco at $50 A. NJ
and Oakland at First and Broadway at 6
A. NJ. for the Jackson Homestead, an addi-
ton to the city of Stockton. This tract
comprising 275 large lots, will be sold at
auction at P. NJ of that day by the La
nance Real Estate and Investment Com
pany of Oakland.
DACE FOR RACK RASS