August Distinguished by Many Important Transactions in Different Parts of the Port By courtesy sia Realty Sept. 1.
A decided firmness is apparent in the mortgage market. Although de-venture and other long term investment rates are still easy, the short term mortgage loan of from one to) three years will net for the mortgagee from a quarter to a half in excess of the rate asked three' months ago. It is felt that the major reason for this condition is the feeling among responsible real estate dealers that the sharp rise in estate prices due to the slump is at last levelling off, and that in the immediate future the normal growth of the city, and its: constant investment needs will prove the great factors in farthering land values. A further in ion of the general belief that the price curve is levelling is the fact that whereas a number of land and property owners withdrew all general offerings from the market a month or so ago, selling and buying inmost eases for specific purposes, these offerings are now beginning to reappear.
Many columns of space in" the press have been lately utilized in portraying to us the numerous kes, walkouts and "labour troubles." In the majority of cases it has been assumed that "communism" was) entitled to another notch in the sickle or hi We are inclined at Haining Road was sold at the rate of Tls. 125,000 per mow.
Nos, 48 and 50 Wayside Road, an area of 6.382 mow, was obtained by the Shanghai Municipal Council for use as a school for Chinese a the very reasonable price of Tls. 95,- 000; another property on North Szechuen Road realized Tls. 170,000, one on Weihaiwei Road Tls. 205,-
000, and 33 mow with residence on.
Text read from the printed page and cleaned; old type leaves the occasional error.