The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1896-05-25
REALTY MARKET REVIEW
Decrease in Amount of Build
ing Contracts Filed
in May.
WOOLEN-MILLs AT AUCTION.
The Market Generally Is Quiet-Re.
view of the Records for
the Week.
wooLEN-M1LLs AT AUCTION


majority of the purchasers of these lots intend
to improve the same, but their plans in this
direction have not in any instance assumed
sufficiently definite shape to make ii possible
10 more than generalize as to the character
and extent of such improvements.
The prices obtained for the property were not
high, yet, as in the case of nearly all sales
made now, the prices were thought to be good,
considering the present condition OF the mar
ket." Properly INTERPRETED, this expression
means that the present market is a low one,
one where rock bottom prices prevail and one
upon which property sells strictly upon its
merits and its present earning capacity.
market like this is one where it is safe to make
investments; but it seems that this fact is not
appreciated to any great extent, judging from
the volume OF business being transacted
Buuding operations are considerably lighter
thus Tar this month than last, taking as
criterion the number and amount of recorded
contracts. By some this falling off is attributed
to fear on the part of those who contemplated
building of possible strikes in the building
trades. Activity in building has q correspond
ing effect as rule on the real estate market,
and it is possible that the present quiet that
prevails this month in the real estate market
has been brought about to some extent by the
falling off in building operations.
REVIEW OF THE RECORDS.
There were seventy-one mortgages recorded
last week, aggregating $235, $50. The larger
ones were:
$4,000 on property on the south side Of Caifor-
mia street, 77:6 feet west of Mason. west 20 by
south 60; by the German Savings and Loan So
ciety for one year. at 61a per cents 600 on prop
erty on the northeast corner Of 1wenty-frst and
Hibernia SAVINGS and Loan Society. for one year,
at 61a per cent, S35 600 on property on the east
mg OF oIb zee. sUu es, o. fhe
south ] IS, east 6S g; by Louisa NJ Babcock, 10
December 81, 1896, at 8 per cent, slS,250 on
north OF Suffer street, north AZ by west 3d. and
by the Hibernia Savings and Loan Society, for
year, at 61s per cent, 5000 on property at the
southeast corner of Page and Buchanan streets,
east 100 by south 1875.
The number of releases granted last week
was fifty, aggregatlng $206, 9s1.S The larger
ones were:
BY the German Savings and Loan Society to
John B. F. Davis. s1O0 600 on property on he est
line OF Taylor street. $3.50 feet south of Bush,
south 80 by west 1915; by D. D. Mills 10 p. B.
Cornwall, $4,000 property the southeast
! corner of Page and Buchanan streets east 100 by
| Society to Pierre Dupuy, S6s,OOO on property at
| the southeast corner of Mission and Seventh
| TO w. II. Hyde $4,000 property at the north
east corn of sixteenth street and First (Julan)
| avenue east S5 by north "a. and on property on
the east line of Mission street. 209 feet north OF
Fifteenth, north 80 by east $50.
There were ninety-nine transfers recorded
| last week.
8
| eating $53,457, recorded last week, the par
ticulars of which were published each day in
| THE CALL.
EVENING AUCTION SALES.
Tonight the first evening auction sale OF
real estate that has taken place in this City fo5
| q long time will be conducted by O'Farrell G.
Co. at their salesroom, II Montgomery street.
The property to be offered is 100 building lots
| in the Excelsior Homestead. They are all 25x
! 100 each and are nice and level and ready to
| be built upon. They are located close to the
| alppfrio-carS md lint tive Y
! eight minutes ride from the City Hail. They
are to be sold on very easy terms. viz: $40
| cash and the balance in monthly payments OF
! $40. The sale will begin at half-past7.
THE PIONEER WOODEN MILLS AT AUCTION.
| The peremptory sale by Shainwald, Buckbee
| & Co. of the Pioneer WOODEN mills will take
| place Wednesday noon, May "a. AS the prop
erty is 10 be sold absolutely without limit to
| the highest bidder, the sale will no doubt
| attract q large crowd. The property is GER
/ tainly very valuable and can be put TO various
uses that viii pay good return on the invest
ment.
OTHER AUCTION SALES.
G. a. Umbsen & Co. will hold an auction sale
| of miscellaneous properties June Sth. The
catalogue comprises the following:
| Nos 922-92215-924 Natoma ST.. bet. 10th and
/ 1lth-Three 2-story frame houses lot 50x75. Va
! cant lot 25x125 east side of Dolores street; 100
| street, between Fourteenth and Ridley-2-story
residence, rooms and bath; size 3Oxl62. Two
level lots, south line Eighteenth street, 125 feet
| west OF Glover alley one block west of Douglass
| street; 25x121 feet each. No. 265 Clinton Park,
near Market and Dolores streets = Cottage
Nos 1887 Golden Gate avenue, between
| Hyde and Larllin streets, two houses Of 8
and basement house of rooms, northwest corner
| of Fulton and Webster streets; lot 27:6xsO feet.
| Nos. 457-459 Stevenson street, between Fifth and
Sixth, double house OF 6 rooms each: lot 26 :6x70
| feet. South line of Oak street. 27S:612 feet west
Bright street, $50 feet south Of Randolph; 25xIOO
feet. Nos. 410-4l01s Page street and Lily ave
nus-two fats Of and rooms so lot b ~ 70
southeast corner of Turk and Lyon streets, 50x
1875 feet, and the French Hospital property
which is to be sold by order of Board of Directors
located on Bryant street, between Fifth and Sixth
streets twill be sold as an entirety. Improve
eral smaller Buildings; lot 275x 275 feet.
Easton, Eldridge & Co. W i'll hold their mex
| sale of miscellaneous properties June II, the
catalogue for which is now in course OF prepa
| ration.
O'Farren & Co. will hold an auction sale o.
miscellaneous properties June T.
o. F. Won Rhein & Co. will hold sale of mis-
cellaneous properties about the middle o.
June.
MISCELLANEOUS NOTES.
G. Il. Umbsen g. Co. have just placed on thu
market for Mayor Sutro block III, located jus
south of Golden Gate Park, bounded by ] anC
X streets and facing Ocean boulevard. 1t vii
be offered in subdivisions and on easy terms.
H. E. Poehlman reports the sale last week o
two lots on Douglass street, near Seventeenth
81 by 125 EACH for $21O0; also a lot on th'
south side OF Clement street, west of Fifteenth
avenue, for $500.
, Some of the contracts have been let and worl
has already commenced on the foundation fo
the handsome family hotel to be erected on tn,
lot ut the northwest corner OF Suffer and Hyde
streets by DR.. Julius Rosenstirn. 1t will cove
the entire lot, will be five stories high, and viii
cost 1926 900.
The work of tearing down the old Bijor
, Theatar on Market street was commenced las
: week. It will be replaced by three-stor!
| brick and terra Gotta front building to b
! erected by Claus Spreckels.
Shainwald, Buckoee & Co. report the sale o
nine lots in Richmond, on Tenth and Eleventh
avenues and California street, at prices rang
ing from $3.50 to 5000 each; also three cot
| tages on Bush street, near Frederick, for a TO
) tai of $4,000.
Recent sales made by A. NJ. Speck & Co. ar,
> as follows: Two flats at 1881 Union street, cas-
. OF Larkin, for $500, s. Buehel being the pur
chaser; two dwellings at los Langton street
near Folsom, tor 5000; cottages and a 10
25xlOO on Alabama street. near Twenty-fourth
, for $500; lot 25X100 at 1103 Stevenson
, street, with brick building and cottage in the
! rear. $4,000 and a lot 25x100, with two fran,
buildings, at 1105 Stevenson street, for $4,000
Will E. Fisher & Co. are about to place upoI
the market for Samuel w. Holiday the hand
some property located at the summit OF Clay
, street hill. This property has been in litigation
for hout years. and III was only few