The San Francisco call., 1899-03-16
RAIN IMPROVES
REALTY MARKET
VERY RAPIDLY
Investments Getting
Scarce Downtown.
LARGE LOANS BEING MADE
REAL ESTATE MEN ARE HOPE
Full OVER THE OUTLOOK.
LARGE LOANS BEING MADE
REAL ESTATE MEN ARE HOPE
Full OVER THE OUTLOOK.
The General Rain Has Caused Re
vival of Business and at Pres
ent Good Country Property
Is in Demand.

The real estate men were happy lot
yesterday. 1t was plain that they We're
receiving as much immediate beneht from
the rain as the country. There was but
one opinion among them and that was
that the prospects of California were
never better. 1t is evident that they hope
for decided revival in business as re-
suit of the rain. The realty market for
the past few weeks has been steady, and
in fact it has been improving. This fact,
coupled with the coming of the rain,
makes them all the more jubilant.
A NJ. Speck said that there was plenty
of money to be had, and in fact that 1t
was never easier. This, he argues, is
a good sign. Good investments down town
are getting very scarce, which shows that
money is being placed in real estate.
Large loans are being made at per cent,
and besides a number of mortgages have
been lifted. These facts show that money
is plentiful Speck & Co. have a large
number of sales on which they hope to
consummate within the next few weeks.
They report that the corner of O'Farrell
and Mason streets is soon to be improved
by d modern Seven-story building. The
sale of the old Cambrian Dancing Hall on
Mission near Seventh street, for $4,000,
is also reported.
Thomas Magee & Sons also report some
small sales during the past week, and
they have in hand the consummatlon or
is very hopeful over the outlook and IS
of the opinion that the realty business
will take on a great activity in the near
future as a result OF the rain. MadlSon
& Burke also report the market as haV-
ing been firm and improving. Burnham
& Marsh Company have number OF
sales on hand for next week, and they
look for a decided improvement in the
realty business. Center & Spader say
that the market has been unchanged put
steady. They also have in view a num-
Der of sales and are hopeful of great
and immediate improvement In ther
business.
erty been better, and this fact is taken
as a favorable sign. In a way the de-
mand for out-of-town realty IS taken as
an indication of the financial pulse OF the
country, and judging from the present &C
tiyity there is every reason TO beneVe
that the prospect is bright and promls-
iiiB Baldwin & Howell report the following
sales:
Lot 25x125, with improvements consisting of
two flats on the east side Of Hartford street.
tire Horner's Addition, block JIG, 22Sx56o fees
in size-this lot is bounded by Castro and
Dimond Twenty-eighth and Valley streets;
lot and improvements consisting of three new
flats the north side OF Page street; 20 Iees t
saSf eafb OF side of TWentyfouTth Street 50 feet
west of Noe, size 45x114, price $225O; lot ana
et ot on 5n @ e street size
25xS0 price $3500 the northeast corner OF
Twenty-fifth and ShotweH streets, zoXSo, price
s475O; lot and improvements on the WesI hne
of Powell street, II feet north of Broadway,
size 2OSx67 price $500 lot and 7 qset
on the north side of Page street, 20 1eet east
of Clayton. 25x10o, $500.
The same firm also report continued ac-
tiyity in the Sunset District, ana many
houses are being sold in the district
bounded by Seventh to Twelfth avenue
and from II to o street. A large amount
of street work has been done in this dis
trict lately, and more Is now conteInr EN-,
plated There has A also Peen & gulT9 nn{e ISW sTI
of this has had a tendency TO attract
buvers, and sales have been made as fol-
lows:
Southeast corner Nineteenth avenue and NJ
street 25x12o price s400; lot on the east line
of Ninth avenue 1872 feet north of street.
40 .ex167, price 1915; lot and Improvements con-
81 efs'1He II street. 50 feet east of Tenth avenue
price sfSi5; lot on the south side Of o street
s9ih feet east of Eleventh avenue, 25xl00. price
S9566. lot on the east line of Nineteenth avenue,
IS feet south of NJ street, 25x130, price S59O;
lot on the west line OF Eighth aVenme, n11e R 11t
on the west line of Tenth avenue, 200 feet
south of o street, size 25x12O, price $3.50; lot
Of q street, S7iLx12O price s475 lot the east
line of Twelfth avenue, 125 north Of 1 street,
25x12O price $3.50; lot on the east ne Oh 5od 6enSn
price $500; lot on the west line OF Tenth avenue.
25 feet south of street. 25XlVO' price Sz9o; S06
lot on the west line of Eighth avenue, 200
feet north of street, 75x120, price $500; lot on
the south side of o street, 5l:6 east OF Elev-
line of Eleventh avenue, 300 feet south of o
street 60x120 price $3.50; lot on the west line
of tenth avenue 100 feet south of street.
s6x130 nrice $500: northwest corner Ninth
nue. and o street. 25x100 price 500; lot on
the north side of NJ street, 50 feet east OF
Tenth avenue 25x100, price $500; lot on the
south side of o street, 100 feet west OF Tenth
avenue, 32:6x1OO. price $500; lot on the west
side of Tenth avenue, 200 feet south of o street,
50x120 price $500: lot on the east line of Ninth
avenue, % feet north of street, 25xl0O, price