The San Francisco call., 1896-12-21
REAL ESTATE
MARKET REVIEW
Interest in Land Matters Is
of Much More General
Character.
Trifling Concessions Are Helping
Materially to Satisfactorily
Consummate Sales.
Matters in the Building Line Have
Been Quite Active During
the Past Year.

Matters in the real estate line are de-
cidedly better. Interest is of much more
general character and real estate offices
are assuming the old business aspect. In
quirers are far more numerous and their
questions are propounded with greater
positiveness. Results are also showing to
increased advantage in the way of trans
actions. Buyers and sellers are getting
nearer to each other, and when such
condition prevails there is every prospect
that actual trade is pretty close at hand.
There is more of disposition shown on
the part of owners to listen to offers and
trifiing concessions on both sides are help
ing materially to satisfactorily consum-
mate sales.
The balancing OF accounts by business m en-
will, however, for few days largely absorb
attention, and not much time can be expected
to be given to real estate interests until mer-
chants, capitalists and tradespeople are salts
fed with the condition of their respective
ledgers While the year now ending might
have presented greater volume OF tranSac-
tions, it is satisfactory to know that there has
been neither undue influence nor marked de-
preston in values. Probably no more posi-
tive evidence of the strength of the real estate
market could be advanced than q comparison
with current prices and those ruling one and
two years ago.
1t is reasonable to expect more or less soft
ening OF values when the universally depressed
cond ton of general business which has pre-
vailed during to last twelve months is taken
into consideration. But an examination OF
matters shows that property quotations lndi-
cate anything but wild fluctuations, and the IT
prices. rule, keep we'll up to the former
standard.
Some sections, it is true, may exhibit triflng
concessions on old figures, while Others will
really show little advance The former OF
these possibilities is presented in the sale OF
outside properties.
In the extreme southern and western parts
of the City sellers had TO slightly modify their
views in order TO realize, while in the busi-
ness centers OF inside property buyers had to
advance their bidding rate in order 10 secure
what was needed. By these ups and downs,
however, happy medium was maintained.
For many years there has been such ac-
tivity in San Francisco in the line OF home
building as for the past twelve months. 1t
has been frequently remarked in the weekly
zeal estate columns of this paper how large
has been the number of building contracts let
and how small has been the average cost OF the
buildings contracted for
Ii is the small houses, the small stores, the
two-story fats that have multiplied with the
greatest rapdity, and this means that surplus
wages have been invested, that the suburbs
have been covered with homes and that the
outlying districts have become more thickly
peopled. In Richmond, in the West Mission,
in the Potrero, in Ocean View there has been
the greatest activity. The costly houses have
for the most part been confined to the Western
Addition the expensive business DlockS
have been to the downtown districts. If in
these latter portions of the City the rush OF
building has not been so marked in the
more remote districts, it is still safe to assume
that prosperity is general, for when the
masses, the employes, are prosperous and con-
tented the employers must be finding business
good.
REVIEW OF THE RECORDS
There were ITO deeds recorded during the
past week.
The mortgages numbered sixty-three and
represented loans to the amount OF S21S,312
Among them were the following: By the Hi
bernia Bank to James Simpson, $4,000 for
one year at 81 per cent, on property at the
northeast corner OF Post ana Stockton treets,
23:41S0 feet and the east line of stockton,
% a feet north OF Post, 23:1Ox80 feet; by
Eureka Building and Loan Association to II.
G. and Jennie s. Prince $4,000 for six years
at per cent per annum, on property
feet south of Chestnut, 27:6x100 feet
by Joseph G. Wall TO Charles E. Dugan $780,
for three years at 8 per cent, on property on
the northwest corner OF Ridley and Alpine,
west 25 by north LOO: by the Hibernia Bank
TO Joseph Schwartz 500, 600, for one year at
81 per cent, on property on the northeast cor
east 1876 by north 1875 by the Fidelity
Building and Loan Association to Thomas d.
and Rosa A. Riordan $4,000, for ten
south line Of Pacific avenue, lis east OF
Buchanan, east 20 by south 127 81, and on
the southwest corner of Webster and Green
Borel to Alexandrine Berson $4,000, for one
year at per cent, on property ou the east line
of Waverly place, 122 a south of Washington,
south 56, east 81, north ZIG, west 2 north
ward H. and Elizabeth H. Coe $7700, for
one year at 61a per cent. on prop
erty on the southwest corner gns of
south 100, and on the south line OF Union,
81: west OF Laguna, west so by south 100;
by Martin j. Burke, as guardian OF Christian
dfrh nnnH fNr
three years at 81 per cent on property on the
east line OF Battery street, 29:1012 sou tn of
Commercial. south 29:1011 by east 70; by the
Hibernia Bank to Andrew W. Rose Jr., $13, 600
for one year at 612 per cent and $4,000 in
stallment on property Oh the north west corner
of Broadway and Laguna, west "a Az by north
1877 IS; by the same to Andrew A. ana Margaret
Louderback $25 600, for one year al 61a per
cent, property on the northeast corner of
Eddy and Leavenworth, north 1875 by east
137 :6; by the same to William D. Ladd $4,000,
for one year az 81 per cent, on property on the
north line of idy, IT'S east OF Jones, east 25
by north 1877 IS; by the Security Savings Bank
to Rosa Resented $1,000, for one year at per
cent, on property on the southeast corner of
Clay and Spruce east 1877 :6 by south 127 :SA;
by the Hibernia Bank to George d. Shadburne
$4,000, for one year at 81 per cent, on the
southeast corner of Castro and Twenty second,
south 22S by east $50.
The releases mum bered thirty-nine and were
for total OF $151,23l. The lerger were the
following:
From the German Bank to Andrew A. and
Margaret Louderback $4,000 on property al
northeast corner of Eddy and Leavenworth
streets, 1877 :6x137:6 from the Hibernia Bank
to Charles and Harry Bush. $4,000 on pro-
perty on the south line of Eddy street, 154 :5
west of Buchanan, west 81 10 bv south 100;
from Evan L. Reese to Mary G. Ertz, SIS, 900
on property on the southwest cor
ner of Clay and Webster, south 1876
by west 107 IS; by the German Bank
to Joseph Schwartz, $2l 900 on property
on the northeast corner OF Buchanan street
and Golden Gate avenue, east 137 Is by north
137 6; from the Guardian Loan Association to
David j. Spence, $4,000. on property on the
east line of Lyon street., so feet south of Oak,
south 25 by east 91:2 from the Security
Savings Bank to Maurice and Isabella Rosen-
field, $500, on property on the southeast cor
ner of Spruce and Clay streets, east l37 :6 by
south 127:Sl1; from John d. Murray to John
F. Bernard. $4,000, on property on the north
east line of Oak Grove avenue, $50 feet south
east OF Harrison street, southeast rs by north
east liz.
NEWS ITEMS.
the payment OF rebate personal property
taxes begins to-day.
Mrs. Isaac Hechts new residence at the
northeast corner of Jackson and Octavia
streets will cost $4,000 to complete.
Tie Auditor, claiming that the Board of
Supervisors and not the Board of Education
alone has power to make the purchase of the
Mission High School property, has not yet
signed the warrant for No %rt1 500 IN huv tha