The San Francisco call., 1896-10-12

downward tendency has been checked and
that revival OF activity of any consequence
must necessarily impart q stronger tone to
values
LOANS BEING MADE.
Magee's real estate circular for the month
has the following to say regarding the with
drawal OF money from savings banks:
"The amount of money being lent on City
real estate is not large, while none at all is
now, nor has for long time been lent in the
country. The Hibernia Bank charges 61a per
cent on the small loans 1t grants; the Others
charge when they grant any new loans,
which is seldom, or renew old loans, which
they invariably do, as they expire. They re-
uu1re the old loan TO be reduced II the value
OF the real estate has fallen since 1t was
made. If it were now possible to get at the
facts It would be interesting to know how
many hundreds of thousands OF dollars in all
have been lost to depositors at our savings
banks by the withdrawal OF their deposits.
The money they drew has since in nearly every
case lain idle. Never could depositors gener-
ally less afford to waste money; never in the
history OF our savings banks have thay wasted
SO much as this year, by foolish Withdrawals.
Jolly in this matter To tell them now OF II
would be useless. Experience is the only file
rubbed by savings bank depositors against
that hle very severely for the last six months"
REVIEW OF THE RECORDS.
There were 102 deeds placed on record dur
ing the week. Among those were for the
southwest corner Of Pacific avenue and Pierce
to Samuel b. WEIGH, and the northwest corner
OF sutter and Baker streets, 42:3xS7:6 feet.
The number of mortgages recorded last week
was sixty live, aggregating $l29, ,139. Among
the larger loans were the following:
By Ellen and James NJ. Lyons and Samuel t.
Sebelle to Hibernia Savings and Loan Society,
$1,000 for one year from october 3, 1896. at 613
per cent on property southeast corner of Lyon
and Sutter streets and south side of Broadway,
43:9 feet east of Scott street, east 43:9xS7 10
feet; by j. NJ. and Marion n. Wilson to Phebe
A. Hearst. $1,000 for two years from October
2, 1896, at 81 per cent per annum on property
on east side OF Octavia street, % feet south of
Vallejo, south 25xl12:6 feet; by Mary 4.
Heron to German Savings and Loan Society,
$4,000 for one year from September %, 1896,
at z per cent per annum on property at SOUTH
west corner OF Jackson and Baker streets, west
25x10O feet; by Lydia S. Reinstein to Hiber-
mia Savings and Loan Society, $4,000 for one
year from October /, 1896, at 81 per cent on
property on north side OF Eddy street, 80 feet
west OF Leavenworth west 81 :6x137: :6 feeti
by A. R. and Lizzie P. Gunnison to Hibern ia
Savings and Loan Society, $4,000, for one year,
from October 6, 1896, at 81 per cent, on prop
feet east of Church, east 75x114 feet; by
Joseph and Emma Bamford to Thomas Leach,
$3.50, for three years, from October 3, 1896,
at.4 per cent per annum, on property on west
side of Howard street, 1853 feet south of
Fifteenth, south 32x245 feet; by Louisa and
A. Fl. Harms to Lizzie r. Bush, $4,000, for two
years. from October g. 1896, at 8 per cent per
annum, on property on southeast corner OF
Twenty-fourth and Capp streets. east 59x65
feet; by Chester L. and Annie E. Hovey to
Hihernia Savings and Loan Society, 5000, for
S5ssaw: ESss sy;sst e, fssI ss7s t.ss L.
Loan Society, $500 for one year from Octo-
Der 6, 1896, at per cent,,on property on north
side OF Geary street 62:6 feet east OF Hyde,
Savings and Loan Society, $500 for one year
from October q, 1896, at per cent. on prop
erty on north side of Post street, 112 IS feet
east of Leavenworth, east 25x137:6 feet; by
Elizabeth L. May to Hibernia Savings and
Loan Society, $1,000 for one year from October
1, 1896, at 81 per cent, on property on east
side of Webster street, 80 6 feet north of Pine,
north 30x81 Is feet; by Abraham Levy to Home
Investment Association, $500 for six years
at per cent per annum, from October 3, 1895,
on property on the north side OF Bryant
street, 131 % feet east OF Steiner, lot 25x127 6
feet.
The releases were thirty-four in number, ag-
gregating 1850. The largest were as fol-
lows:
From Hibernia Savings and Loan Society to
D. J. Einfeldt, $4,000 on property on each side
of Belvedere street, 1859 feet south eof Wal
Loan Association to P. and Anna Mulligan.
$4,000 on property on the southwest corner of
Hayes and Deyisadero streets, south 25xS1:3
feet; from Albert Wilford to Mary E. and
James Heron. $4,000 on property on the south
west corner of Jackson ana Baker streets, south
25x81 :3 feet; from German Savings and Loan
|
$4,000 on property on north side OF Bush
street. 145 feet east of Octayia, east 30x120
feet from Hfbernia Savings and Loan Society
to N. T. Whiting, $4,000 on property on the
southwest corner OF Geary aud Williams
streets, south 62:6x2S feet
MISCELLANEOUS ITEMS.
new cottage Is to be built by Jacob Hey
man on the north line OF Alvarado street, west
of Douglass
r. M Winston has retired from the real estate
firm nf A SDppk ~
illness. The finn has added general auction
department to it's business under the charge
of Frank W. Butterfeld.
Bovee, Toy 4 Sonntag report the sale of 13O
acres of land in the McMahan Tract, near Win
ters, for $500.
The plans prepared By Architect Shea for the
new municipal building to be erected on the
site of the old City Hall have been ccepted
by the Board of Supervisors, and advertising
for sealed proposals will be opened on the 26th
inst.
Baldwin Hammond have been appointed
the agents for William b. Howard, who has
placed in their hands for sale long line of
very choice local realty, including improved
and unimproved parcels. The property Is
mostly all mortgaged, and the prices asked in
many instances is but little above the amount
of the mortga e.
large part of the ground floor of the build
ing being erected by Claus Spreckels on Mar
ket street, opposite Grant avenue, will be oecu-
pied as a market. Already a number of ten
ants have been found for the various stalls by
G. II. Umbsen q Co., the agent The third
floor will be used as a photograph gallery
The building will be ready for occupancy in
about two months.
Bovee, Toy & Sonntag will place the Hatch
Armstrong nut and fruit orchard on the mar
ket in the near future. The land in question
is situated about four miles from Acampo San
Joaquin County, and consists of 1015 acres of
land Surveys are now being made.
Lafayette Park will probably be improved,
The land fronting Washington street is to be
graded down and planted with grass. The
clerk of the Board of Supervisors has been
ordered to advertise for bids for the proposed
work.
The Market-street Railway Company are re-
moving their unused streetcar rails on Point
Lobos avenue, from First avenue westward,
which the people of the neighborhood have
been complaining of recently.
Superintendent McLaren OF the Golden Gate
Park has offered to supply trees for the pro-
posed work OF beautifying Golden Gate avenue
from Van Ness avenue westward. The Super
visors will probably cooperate with the Park
Com m issioners in this work
Extensive building operations are at present
in progress in the Lakeyiew tract and 1he Nc
Carthy Company, agents for the property, re-
port that several others of greater or less pre-
tentions are mapped out for the coming sea-
son.
1t is yet uncertain whether or not the Pacific
Union Club will purchase the Van Ness avenue
and Bush street property.