The San Francisco call., 1896-11-16
REAL ESTATE
MARKET REVIEW
Land Interest Feels the In
huence of Recuperative
Surroundings.
Rea't ty Outlook Is Favorable AS
Compared With Matters
a Year Ago.
School Directors Will Meet This Even.
ing to Decide on Mission High
School Site.

Money is plentiful and there is disposition
| to place more or less of it in City realty. But
| buyers do not appear to quickly find the par
| ticular investment they are looking for.
Prices, as a rule, are above their views, and
| transactions are less numerous in consequence.
Owners feel very much contented at the situa-
| ton. Real estate agents are of the opinion
| that the worst of hard times is over and conf
dence is pretty well restored all round, as is
| evidenced by the brisker movement in trade
| channels generally. Land necessarily feels
| the influence OF recuperative surroundings
and trade in the real estate line ought to i'm
| prove in proportion with kindred business en-
terprises Values are not expected to jump in
| spasmodtc fashion, but some littlc strength of
property quotations is anticipated by next
| spring at least The outlook is propiious as
compared with matters of q year ago, and it
seems reasonable to view the future OF the
| real estate market as promising and encour-
| aging.
Generally speaking there is no better invest
ment than the purchase of land, if made with
4 even small amount of care and judgment
| Most Ger ta1nly there is none safer. Time and
| opportunity are also to be considered. Rich
! men who constantly add to their landed pos
sessions invariably take advantage of dull
| and easy realty market to invest some OF their
idle capital. Nerve toinvest when property mat
| ters are rather neglected brings out both spec
| ulators and investor away ahead on the profit
| an auxiliary of civilization. and it must be
| had to carry out human designs In proportion
| as cities increase in population or the area of
| farming operations extend. Natural forces are
| almost always working iii favor of such condi-
| tions. In California there is abundant scope
| for the building up of orchards and vineyards
| and an agricultural population probably sec,
| ond in number to few States in the Union can
| be comfortably housed on our hilIsides and in
| our valleys.
| In San Francisco the possibilities of building
| up an empire City are greater than in almost
any growing town of modern times. 1t is
| hardly possible for a buyer to go wrong if
making an investment on thoroughfare that
| is or can be brought in close contact with busi-
| ness centers by means of streetcars. San Fran
| cisco property is all right; 1t may be under a
| cloud at times, but just then is the oppor-
tune moment to put money into the real estate
market
| REVIEW OF THE RECORDS.
| There were eighty-sx deeds placed on record
during the past week
The mortgages numbered sixty-three and
| were tor total of S127,T03. The plinclpaI
ones were as follows:
| S740O for one year al per cent on proper at
the southwest corner Of Jackson and Steiner
| ander TO Excelsior Loan Association, $500 for
| six years al per cent per annum on property
| Grove. north .5xlO0: by ]. o. Gilbeau 10 Ex-
celsior Loan Association, $4,000 for six years at
corner Of Bartlett and Twenty sixth streets, 35I
75: by Martin Qulnlan, guardian of the estate OF
j. l..
Hibernia Bank $4,000 for two years at 61a per cent
per aDnum on proper on the west line of Mission
4Ox125, also line of Mission street. 240 feet
south of Twenty-second, south 50xl22:6; by
$4,000 for one year at 61a per cent on property
the southeast line OF irecita avenue, sos feet
northeast 100, north PAS, being lots I0s, IUs
ami ITO of Precta Val ev Ian Is; by Louis and
Mamie Marks lar @ to German Bank, $4,000 for , one
Gate avenue, S2.6 feet w of Laguna street, w 55
by 120 feet; by Julius h. Berghauser 10 Hibernia
bank. $4,000 for one year a. 61a per cent, prop
| erty on Z line of Castro street, 165 feet OF
Twentieth, no by l2s feet; by Fernando Nelson
10 Hum ooidt Bank, $4,000 o January 10, 1898, at
| per cent on property on n line of Twenty-ffth
| street, 240 feet w of Noe, w so by ia feet; by
years at per cent, and $500 for four years at
per cent, on property on r line of Cough street,
| Morgenstern to Provident Mutual Loan Associa-
tion $4,000 for six years at per cent per annum,
on property on line of Oak street, l6u. feet f of
| ocavia, ( % by 12O feet: by Harry and Laura
L. Sweet to Prudence Building and Loan Asso-
erty on the s corner of twenty sixth and
| Guerrero streets, SIG by 99.101z feet: by
John c. johnson TO George s Grim (trustee Of
The esla.e of samuel Grim, for Samuel M and
William II. Grim Jrl $4,000 for one year. at z per
street, 1855 :eet south OF Twenty-.hird, south
| 1886 by 100 feet; by John H. Van Ahnden TO
per cent on property on the north line Of Oak
street, 100 feet of Webster 81 :6x 1877 :6
| feet; by George s. Klink to Antoine Borei $3.50
for one, two and three years, per cent per an
| mum, on property on the south line Of broadway,
loo feet east Of Devisadero street. east 4ox127 81
| feet.
There were forty-three releases, aggreg at1ag
$1S0,9S0, recorded, among which were the
| following:
, From the German Bank to Richard and Mary
| Anson. s52,0O on property on northwest corner
of Geary and Larkin streets west l2Ox12O feet;
| from same to Mary, Richard j., Michael +. and
| from Vallejo Com merciai BANK to William and
Margaret Mccormack, $24. ESQ, property at
south 74xlUO feet: from Ernestine Kreiing to
William kreling, 81 400, on property on west line
OF Glasgow street, 80 :6 feet south of Ellis, south
s6x75 feet: from Hiberna Bank to Daniel Riley.
| $1l 00O on property at the northwest corner of
| from German Bank TO William John, $4,000. on
properly on south line Of Golden Gate avenue, rs
German Bank 10 Claus Beckman. S35O0. on prop
erty the line of Laguna street, AZ IS feet
| north of Filbert, north 20x62 10 feet.
The building contracts mum bered eleven and
| represented an outlay of $52, ,667.
NEWS ITEMS
| The Western Loan Association will hold ~.
| annual meeting this evening at 214 Pine
| street.
A large building Is to be constructed at the
| Streets to cost 81 800.
Handsome Offices are being fitted up by o.
d. Baldwin Son for a real estate business at
| 11S Montgomery street.
| Easton, Eldridge & Co. are Mt nresont rro
pairing a catalogue of property which win be
onered al auction on lne oath inst tier of
| lots on Pacific Heights ana a number of de.
sirable improved parcels will be among those
| to be sold. 'Aose
The Polk-street Improvement Club will hold
| meeting this evening at the hall corner of
sacramento and Polk streets. Propertv-owners
OF the district have been invited 10 attend for
| the purpose OF discussing the extension of
| Polk street. "
Baldwin Hammond report number of
SAFES lot the past week in the block bounded
6s 6s cole, & Beulah. Frederick, stanysn and shra-
oeI streets. Plans are at present being pre-
| chasers. pui
The property-owners along the line of Fol-
| som street, through the Southside Improve
ment CLUB, are making an effort TO have cleo
trlclty substituted for gaslights along that
thoroughfare, between the ferry and Nine
teenth street
The heavy traffic on Kentucky street has
| worn out many of the basalt blocks and the
| foundation of the pavement has given way in
many places. Complaint is made by Potrero
citizens OF the poor condition OF the thorough
| fare
| petition will be filed to-day with the Su-
pervlsors by the Park Hill improvement Club
requesting that Fifteenth street be opened
from Castro to South Broderick, so as to give
the upper portion of the district sewerage