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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 01, 1908
Page
23
New York dealer Willem T Harmon notes a late flurry in real estate and predicts a major forthcoming movement into land and real estate securities. He cites strong underlying value in the sector and expects gains in mortgage-backed investments as the market adjusts, with several major deals advancing and interest rising among investors in San Antonio brokers and local owners.
Investors flood into the area this winter seeking profitable land deals as values rise from 30 to 40 percent in two years. Prominent real estate dealers report steady purchases of manor, house, and other parcels, noting many buyers who hesitated two years ago now aim for further gains. Closer to San Antonio and the Texas coast, buyers expect crops and rising prices to draw more money, with farmers and investors planning to acquire land in the city and nearby districts, hoping for a record-breaking summer.
A California man bought two lots adjoining Keystone Park properties near Rhode Island and Minnesota, moving on the street. The Keystone Park land sales show scattered buyers from several states, with new owners planning cautious speculation and rapid transfers amid a fluctuating market.
Anna Nf Wilkins and others transfer interests in lots on San Juan and Nebraska streets among others for sums around 425 to 600 dollars. Frank W Patton and Lena Schumacher-related deeds, a Loves George parcel, and Mary Hout list deed actions. H G Henne and Robert Jatton survey property transfers noted with values from 25 to 1 750 dollars.
The new residence of Louis Saur on Locust Street in Maliivonny is described as one of the city’s handsomest. Built recently, the house features terra cotta, spacious interiors in mission style, and carefully planned dining and receiving rooms. Design credited to architect R. L. Plerau and Wytheret In Wie.
G W Figram of Die Alvealoy-Inigra Realty reports improved conditions as land sales rise in flood affected areas. Investors eye arable property and residential sites, with signals of rising demand despite tight credit and cautious buyers during the period described.
A pending land deal valued at 150000 involves a northern Iowa area and a prospective buyer seeking to secure the price and place land into abstracts for calculation. Investment details include expected cash portions, expected title exchanges, and multiple parties negotiating, with a wide set of involved figures and locales.
The readable text hints at a damaged OCR fragment referencing a prisoner and government action. Details are unclear, but the fragment mentions a statement, possible appeal, and constraints on governorate or state involvement.
A historic Army post unveils a modern $100,000 hospital with 160 patient capacity, private rooms with baths, four wards, surgical suites, an operating area, an adjoining surgeons' block, and verandas for convalescents. Construction will continue with an additional $10,000 to finish, and most materials were secured from Texas.
HL Scott & Co Moors Bidg report on the result getters. The item lists architects and the address 206 Hast Commerce Street with reference to a firm named Dinimann.
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