The San Francisco call., 1898-04-06
IN THE REAL
 ESTATE WORLD The Threatened War Has Had Its Effect on the
 Market.
H. Wreden Makes a $13O, ,OOO Purchase in Southern
 California.
Large Purchase of Pacific Heights Property-The Records, Sales
 and Notes

For a long time investments in real es- tate have been marked for various req sons by hesitation and timidity on the part of buyers This consequent dull ness has of late been intensified by the prospect of war with Spain. Few deal CTS hesitate to admit this fact. In the current issue of the San Francisco Real Estate Circular Thomas Magee, after stating that a duller month than March has not been seen for a lon 'Speriod, says: '"The excitement created Dy the threat ened war with Spain and the fall in prices of stocks and bonds which resulted, caused all real estate and other investors to hold back, thereby practically paraIyz- ing all movement, either in real estate or other securities"
 Despite the many obstacles in the way it is cheerful to notice that of late there has been a slight improvement in the tone of the country realty market. There mas been a fair inquiry, the never-faillng pulse of the real estate system, and some lew sales, one of very good size. Henry Wre- chased for s130,000 what has been known as the Flint Stock Ranch, situated thirty miles from McGill station in San Luis Obispo County There are 620O acres in l the ranch, which has always been used for stock-raising purposes. MT. Pryor, the gas filter, was the seller. Ten per cent was palQ QOWn, the rest DelIlS uuS in regular installments. MT. Wreden will continue to use the land as a. stock ranch.
 Though the rates are not conceded to be beyond the power of ordinary, busi- ness to pay, interest remains at 612 and ' per cent. The total number of sales for March was 229, in the total sum of $S4S 615. The mortgages and trust deeds, numbering 316 reached total valuation of $1, ,l91 9l9: the releases and reconyey- ances, numbering 250, amounted when ag- | gregated to $S4O, ,430. Sixty-six building contracts were recorded, being for total valuation of $330, ,489
 TOLD BY THE RECORDS.
 The following mortgages and deeds of trust recorded during the week were for comparatively large amounts:
 By the German Bank ot to Bernard and Charlotte Windhaus $14,000 for one year at per cent on property in Western Ad- dition block l96, on the north line Of Me G Allister, 59:6 west of Franklin, west 7S, north 120, east 1876, south 40, west 59:6. south So; by William Price to Walter F.. Foster 13,O00 for three years at $ per cent on property in Mission block 60 on the eenth, north 50 by east 245; by the Hiber- nia Bank to Ellen M. McKernan $15 900 for one year at 612 per cent on property in 10Ovara block 373, on the southeast line of Howard, 150 southwest of Fourth, southwest 50 by southeast 155; by the Hi bernia Bank to William A. Magee $1O 900 in 50-vara block 2S6 on the north line of Golden Gate avenue, 1876 west of Leav- enWorth. west 50, north 80, west P, north 57:6, east S2:6, south 1H:6: by the same to the s. and H. Lachman estate $10O,0O0 for one year at 612 per cent on property in 100-vara block 340 on the south corner of Fremont and Market, southwest 1o7:6 by southeast 1876.
 The principal releases and reconvey- anceS were as follows:
 From the German Bank to Jacob Bach mann, $9O0O on property in 50-vara block 9l on the south line of Clay, 24l east of Dupont, east 30 by south 62; from the Mnrnhnnfc' r,ly nf Iy al lister to Julia B. and Gaston M. Ashe, 900 on property in 50-vara block 166, on the north line of Sutter. 37:6 east of Mason, east 50 by north S7:6; from Henry Root to John Coop and James w. Smith, $1000 900 on property in the Western Addi- ton on the southwest corner of Clay and Waller, west 65I:112 by south 61S:9 SOME REGENT SALES.
 For close to S60,000 Sigmond and A. Stern of the firm of Levi Strauss & Co.,, have purchased property on the northeast cor The avenue frontage is l40 feet, the aver age depth 132 feet. The S5 feet on the corner were purchased from Cyrus Wal ker, the next 25 2S5 from Charles Rosenbaum This piece of Pacific Heights property commands a magnificent view. The coz ner 1 will be occupied e, by a handsome resl- dence, erected for Sigmond Stern. An adjoining residence will be constructed for A. Stern.
 David Davidson has bought S3O acres of
 
 good house, stock and various access sories for $15 900. Bovee, Toy and Sonn- tag were the brokers.
 Through Easton, Eldridge & Co.,, E. G. Greening and John Thompson wealthy cattlemen of Arizona, have bought six ty-five acres of the Olinda ranch in Or ange County. partly in oranges, walnuts and olives, for $10 900.
 Henry A. Davis has sold 4SS acres of land in Alameda County through Bovee, Toy & Sonntag to c. M Collcos for s14- $50. About 300 acres are in grain and the remainder in fruit. The same brokers also officiated in the sale of 4SO acres of Merced County grain land by s. M Fall cher to M. P. Dollaller. The price was s12,5OO.
 Through Baldwin & Howell the old Red dington place of 300 acres, near Burlin- game, San Mateo County, has been sold to Prince Andre Poniatowski for $70,oOo. $. c. Buckbee of the firm of Shainwald, Buckbee & Co. has departed for the East on a three months visit.
 The contract for the construction of Lewis Gerstles double residence of two stories, basement and attic, on the north west corner of Cough and California streets, has been let to F.. Lieter. The plans are by E. A. Mathews and the cost will be about $2S, 900.
 Work has been started on the four story house for Mrs. R. A. Rose, on the northwest corner of Geary and Jones streets There will be two stores below and seven apartments above, each hav- ing a separate entrance. The cost will be SIS, 900.
 On April 25 o. F. von Rhein, who has been appointed referee in the case of R. c. Goodspeed, minor, and others against Annie M. Pratt, will sell part of the real estate.
 W. F. Herrin has begun the erection of a 5000 dwelling on the lot in the rear of his residence at the northeast corner of Scott and Broadway streets. The archi- teet is J. E. Kroft.
 The four upper floors of Captain Ede's building on the southwest corner of Pow ell and Ellis streets has been leased through A. M. Speclx & Co. to Dr. A. E. Mcdonald for five years at a total rental of $1S,000 The ground floor stores have been leased for five years for $S1 ,O0O Through the same brokers the Long, worth Hotel at 510 Geary street has been leased for three years at the rate of s250 month; also the rooming-house on the southwest corner of California and Du- pont streets for $2O0 a month
 HOFF SENTENCED TO DIE.