The San Francisco call., 1896-04-06

sales this month, one on the 14th and another
on the 3Oth. Both are probate sales, and the
list for the first is long one and includes the
following properties
The downtown residence at 910 Pine street be-
longing to the estate of Isabella r Marcinkowski;
the fats 1245 and l2451a Valencia street, estate
OF Thomas w. 6. Graham; the Western Addition
fats, 2725 to 273l Pine street, the property OF
flats, 1923 to 1881 Broadway, and twenty-four
terements on Bridget place. to be sold on account
of the Mezes estate lot on the south side OF Page
street. west of Lyon, a portion of Excelsior Home
stead block %, fronting on Amazon avenue Paris |
az M sSon stree anH ssion fats and .o.s
properties; the southeast corner OF Central avenue
and Jackson street. the two-story dwelling, 22l0 !
at 1928 Hayes street, the four mats, 72O 10 726 |
Powell street. and building lot on the north line
of California avenue, between Howard and Mission |
Streets
prominent feature of the real estate market
is the auction sale OF the last unimproved
block owned by A. b. McCreery The bound
aries are Baker, McAllister and Lyon streets
and Golden Gate avenue. The block presents
splendid appearance, with its new fences,
stone walks, etc. Side sewers, gas and water
m aims are laid to each 25-foot lot on Baker and
McAlister streets. AS there are large num-
Der of buildings in course OF erection in the
neighborhood, and as good demand exists
for building lots, the auctlOneerS are confident
of good attendance at the sale, which will be
held in their salesrooms at u O'Clock on
Thursday, the 10th inst. The terms of sale
will be one-fourth cash, balance in one, two
Easton, Eldridge e. Co. will offer at auction
on the 25th of this month blocks and H. in
the Hillegass Tract, Berkeley. The lots are
40x16O each. The property lies but one block
from Dwight way and a block and half from
Telegraph avenue.
MISCELLANEOUS NOTES.
A. E. Buckingham has been appointed agent
of the California Safe Deposit and Trust Com
pany's building.
G. A. Bailey Of this City has purchased the
old Huntington & Hopkins warehouse prop
erty on street, Sacramento, for $40, ,OOO The
country department of O'Farrell e. Co.
The number of City and County sales for
March were BIG, aggregating ST. ,I31 ,4O5. Dur
aggregating 81, 1,1aS,5S while 242 releases
were granted, aggregsting $726o72.
the present year, as well as for the month of
March of this year, shows gratifying increase
over the past two years from the amount of
the contracts filed. The figures which are
view are as follows; March, 1896, lO2 con
tracts. aggregating $5S3, ,761; March, 1895,
JOG contracts, aggregating $578,623, and
ISL. For the quarter ending March 81, 1896,
226 contracts were filed, aggregating 81 1885,
S94; for the same period in 1895, 221 con-
tracts, aggregating 81 LOCI, 153 were filed, and
in 1894, 204 contracts, aggregating 1914, 1892
were filed.
Jacob Heyman has just sold two lots on
Forty-sixth avenue in block 71S, to two en-
ployes in Golden Gate Park, who will erect
homes on the same. These are the first sales
made in this locality and the purchasers will
be pioneers in ding in that part of
the City. The lots are one block south of the
park and about 800 feet from the ocean beach
Will E. Fisher 4 Co: have just put upon the
market two choice blocks in the Richmond
District. One is bounded by d street, Twenty
fourth avenue boulevard, C street and TWENTY
third avenue, and the other by Seventh and
Eighth and and streets. The entrance to
the park on TWenty-fourth street is directly
opposite the frSt-named block, and it is ex-
pected that the California-street line will soon
be extended out along street 10 the Cliff
House.
Baldwin Hammond report the sale of ten
lots last week in the Richmond block, bounded
by Eleventh and Twelfth avenues, California
and Lake streets. a. L. Bowhay will start at
once Two one-and-a-haltstory houses on the
lots purchased by him on Lake street, near
Twelfth avenue. j. f. Atkinson will erect a
six-room cottage on the southeast corner of
Twelfth avenue and Lake street, and another
OF the purchasers, W. I. Bertrum, will COM
mence this week the erection of a bay-window
cottage on Twelfth avenue, about 800 feet
north of California street. This firm also re-
ports that lots in the Castro-street Addition
are meeting with rapid sale and building
OF construction.
I.C. Scharff reports the following recent sales:
Lot and Improvements on the northwest line
OF Harrison street, 375 southwest of Fourth, to
L. Derwis for $500; lot and Improvements on
Southeast Clara street Is southeast OF Sixth,
to j. Lewis, price $500; $40 acres Shasta
County land to P. Kaufman price $4,000; SO
acres at Orss, Tulare County to J. Dobbelaar.
price $4,000; 80 acres, at Sebastopol. sonoma
County, TO A. Siebrecht, price $500; and 10
acres a Los Gatos, Santa Clara County, to J.
Romley, price $1,000
V. D. Duboce, with Easton, Eldredge & Co.,
has gone to Redwood City to make arrange.
ments for placing upon the market at an early
date a large and valuable tract of land located
at that point Redwood City will soon be made
as accessible by rail as Oakland and its su-
burbs, ana will no doubt develop into a thriy-
Ing village in due time, when its advantages
are made known.
Shainwald, Buckbee & Co have sold the
elegant mansion with stable belonging To
Mrs. Emily B. Hopkins, widow or Moses Hon
klns, situated on the northeast corner of CLAW
mala. The price was $4,000. This includes
part of the furniture. The building was
erected about five years ago and is consid-
cred one of the handsomest mansions in this
City c. A. Grow, Mrs. Hopkins representa-
tive, conducted the negotiations for Mrs Hon
kins, as that lady is now travelling in Egypt
The lot is 1876 on Clay street by 127 81 on
Buchanan. Two stories of the house are built
OF stone.
In speaking of the condition of the real es-
tate market the Real Estate Circular for March
published by Thomas Magee & Sons, saws:
The demand for fine business properly is as COOL
as 1t has been at any time within two years with
this difference. that buyers now expect secure it
at lower prl ceS than at any time since the depres-
sion began. ct rates of interest that are quite nm
attainable in other equally safe securities are ex-
pected fr0m real estate. Buyers insist, too in
their calculations of income, on reckoning as high
rate of taxation continuously as that which dis
graced the City and state last year and from which
real estate has not yet begun TO recover 1t was
tad enough before that event; it has been much
worse since.
The amount OF good business property on the
market continues to be small. There is little in
quiry for second or third class business properties
or for property on prospective business streets
The value of the latter class OF real estate has
fallen very much. Much of it offers good invest
ments to buyers-nO o. for present income but for
future Increase in value. But more than one
buyer in twenty will talk Of the future at all
What the property is paying is susceptible OF
paying now is all that the maio rity of buyers will
discuss. This is always characteristic of season
of depression. There is increased inquiry for lots
and houses and vacant lots at low prices out
toward the park.
The same circular under the head of "What
One Man Has Done in Dull Times, says:
1t has been frequently noted during the past We
years depression, that the men who complain
most and take the bluest view of the general out
look for the City and State and yet do the least to
make things better, are our mliOnaires About a
dozen of them could be named who have been nm
ceasing In their complaints OF the present and con-
tinuously dolefu prophets of greater evils to come
A conspicuous ex ample Of millionaire who has
pursued an utterly different course is furnished by