The San Francisco call., 1897-07-01
REAL ESTATE
MARKET REVIEW
5
Diverse Comment on the
Subject Of a Mission
Park.
Affairs Quiet for Various Rea-
sons, but a Revival
Expected.
What the requirement. of Market
Street Would Mean to Prop
erty in this City,

causes, the principal OF which Is the abb
sence of many dealers from the City on
their annual vacation. There seems to be
strong undercurrent OF opinion, how
ever, that it will not be long until hap
pier state of affairs may be expected.
There can be no doubt that prosperity
is returning and there is every. reason to-
believe that a marked change for the
better. will have taken place before fall
trading actually begins. The only thing
to be desired now is the passage of the
tariff bill by the Senate. AS soon as that
measure becomes law there is. certain to
be an industrial awakening that will start
the W heels OF CO ommerce in all branches of
trade. -. -.
The proposition to found mission
geological park" is exciting considerable
comment in commercial circles at this
time; both pro and con. The, straitened
condition OF the pubic fundsis made the
excuse for those who are opposed to the
project. The others have variety of rea..
sons for their thoughts on this i'm portant
subject. (:
Thomas Magee & Sons are 80 strongly
opposed to the idea that they have seen fit
to-. call it an Outrage" and as 'tabsurdly
unnecessary" They believe. that it.would
be- the "acme of extravag nee and folly.!'
s"San Francisco, with population not
probably exceeding 100000 people," says.
their circular, lis better supplied with
parks than any city OF like. size in the
world. We have Golden Gate Park of
1913 acres. There is also the whole Pre-
sidio reservation of 1480 acres, which is.
maintained by Uncle Sam without a cent
of expense TO the City. Our peop,e have
as fall use Of the reservation as though it
were a part of:the City. There is also
Buena Vista Park of sc acres, from which
exceedingly fine panoramic views Of the
bay aud hills east, north and southwark
are to be had. In ad iition to this there is
the Cliff House and Sutro Heights above
it. II the taxpayers were loaded with
money this Mission Park scheme would
bean utter work OF upererogation; but
when it is remem bered that with nine
people out of ten dollar day is as diff
cult to obtain as three or FIVE were in the
good times five. or six years ago the out
rage of such project is fully seen."
Among those real estate men who take
decided issue with this view Of the sitna-
tion issCharles Campbell. Though he is
in favor of the scheme as a general propo:
sition, he nevertheless believes that the
principal burden of the expense should
fall upon the residents of that section
which will receive the largest benefit from
the proposed park. :.
/ Land IN that direction is very cheap
now," he asserts. much. cheaper than it.
is likely to be not very long from this
time, and the inha bitants are very anx-
ious to SELL As regards the feasibility of
the proposition, to my mind it admits Of
no doubt. We have parks in every part
of the City butthe Mission, and in JUSTICE
to it nothing would be fairer than to give
it an equal show. AS said. however, the
4 4lc, af - ~ L..
willing to pay the major portion of the
expense" go
AS means of benehting the City
Campbell is heartily in favor of
starting the agitation for the re-
pavement OF Market street atthis partiou-
lar time. In his opinion there is nothing
that would have tendency to create a
more favorab BILE opinion OF the City in the
minds of the visitors than that their first
sight of the principal thoroughfare should
be that of we'll paved street and not a
mass OF cobbles. He believes that the re-
pavement of Market street, alone would
have a strong tendency 10 advance the
price OF real estate in general.
REVIEW OF THE RECoRDG
There were LA deeds recorded during
the past week.
During the same time eighty mortgages
went TO record, aggregating 5000, 556; there
were fifty-two releases, sggregating the
sum of $l69, 49,.
/ The principal mortgages recorded during
this period were as follows:
Charles f. G, LaViolette to the German Saw.
Jugs and Loan Society, $1,000 for.one year at 2
| per cent on property on the northeast line oI
| Stanley place, northeast Of Bryant, 30x112 e
| eet; K. C. Chambers (by c. w. McAffee, attor.
/ ney), to Security Savings Bank, 1876 900 for
one year at per cent on property on the
southwest lire OF MckIlister, west of Scott
306 :3x137:6 feet; Mary w. Newman to Hiber.
MIA SAVINGS and Loan Society, $IS 900 for one
F.llne of Bush, east of Powell 81 7:6x1I4 Is ieet;
| Margaret Dolan to Helene Mayer, $1,000 FOL
two years at per cent on propsrty on The
| feet: T. G. Kingsland to- Hibernia Savings and
Loan Society, $1,000 for one. year at 81
cent F5som e5 p5oper5y ON the
G. Agostini to Banca sYizzera Americana "a
eorporatfon), $4,000 for one year at per cent
on property on the south line OF Day street
| east of: Dolores, 25x125 feet; Francis J. Berry
| to same, $500 for one year at 81 per cent, or,
property or the'east line of Van Ness avenue
north of Green, 25x125 feet; Francis j. and
Kate L. Berry to George w. Hafght, $25OO for
two years att per cent, on same; Alexander
| P. Christie to Henry P. Chris tie, S35OO for one
year at z per cent, on property on the north.
howard, 25x10O feet; Florence R. Stanford tc
| Hibernia Savings and Loan Society," $4,000 for
one year at per cent, on property on the west
| line of Broderick, north of Bush 25x125 feet,
Lawrence Macken TO same, $2SOO for prop.
! erty on the south line OF Twenty-sixt III
street, east of Mission, 54x75:S feet;
! Hannah Sebram TO same, $2300 for one wear
at 81 per cent. property on the north line OF
| Oak, east of Octavia, 81 :6x120 feet; Josep h
Rich to same, $175 Tor one year at 6H per
| cent, property on the southeast line on Van
! Ness and Ash avenues, 9Ox109 feet; Mathilde
Gregory to Henry Meyer. $4,000 for one yeaI
at u per cent, on property on the west line OF
| Franklin north of Was gton, SO :9x1 81 "a
! feet; Carsten and Meta Schafer to William f.
! Garms, $500 for one year al 8 per cent prom.
] erty on the northeast line OF Twenty-first
| street, east of York, 25x93 feet; A. M. and En-.
| man l. ii. Burns and Enmantine A. Long or
! Poole 10 Hibernia Savings and Loan Society,
| $15. 900 for one year at 61a per cent on
| property on the corner OF Washington
| and Hyde streets, 137:6xl37:6 feet;
! Isaac Locker to same, $4,000 for one year al
! 61S per cent, properly on the north line OF
I O'Farrell street. west of Buchanan, 34:4I6x
/ 1877 Is feet; Frederick w. Harris to same,
$5400 for one ear at 65a per cent property
! on Haight and DevisaderO streets, 81 :6x1OO
| feet; Louis and Jennie Friedlander to Cali
| fnrnia Title Insurance and Trust Company,
S45OO for one year at 612 per cent, on prop.
| erty on the south line OF McAllister street
| west of Pierce, 25x100 feet; william j.
Linehan 10 Hiberna Savings ana Loan
| Society," $4,000 for one year at 6E per cent
| on property the northwest line oil Howard
n