Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-11-15
TRADE DRIVEN AWAY
From Pittsburg by the Lack of Proper
Accommodations for It.
BUSINESS ROOMS IN DEMAND.
The Story of a Man Who Thought He Could
Succeed as Jack of ALI Trades.
PROOF OF ACTIVITY OF REAL ESTATE

Not only are small dwelling houses scarce,
but the demand for downtown storerooms
suitable for the retail trade is far beyond
the supply and will increase with the sp-
proach of the holiday season. A Fourth
avenue real estate dealer has a number Of
orders on his books for this class of rooms
which he is unable to fill. This trade is be-
ing driven away from Pittsburg for want of
accommodations.
There is matter here for capitalists and
builders to think over.
Our enterprising neighbor down the river,
Steubenville, is keeping step to the march Of
improvement all along the line. Building is
active. and business and dwelling houses-some
of them costly-are going up on almost every
street. The electric road is working to a
charm and is already earning enough money
to pay dividends. The oil excitement is very
great and almost everybody is dabbling in it,
one way or another. Lands are being leased
right and left at steep figures By spring, it is
thought, they will have been pretty well
picked up. The coal interest, which has been
neglected tor some time, is being revived, and
new mines are being opened and the output of
old ores increased
Steubenville is one of the oldest towns in
Ohio. 1t takes its name from Fort Steuben,
which, in the early settlement of the country,
was erected there to protect settlers from
depredations Of the Indians.
No one who reads the sales of real estate as
printed in the city papers from day TO day. can
have doubt Of the activity of this great in
terest. The demand is not confined to any
particular district of the city and suburbs, but
embraces all of them, and is for all kinds of
property, ranging from large business sites to
those for small dwellings. Values are steady
and show no disposition toward enhancement
beyond such as naturally follows increase of
population and consequently greater demand.
Adherence to this policy will insure an active
market for years to come.
As affording some idea Of the immensity of
the real estate business in Pittsburg Fourth
avenue firm stated yesterday that they had
made 999 sales in less than three years-the
bulk of them within Is months Several other
firms have done nearly as well in the same
tine.
There is an old saying that shoemaker
should stick to his last, the sense of which is
that man should follow the business to which
he is best adapted, and not jump from one
thing to another, mastering none. The truth
of this was illustrated yesterday by gentle
man, who said:
Il have made a good many business mistakes
in my time. The fact is lacked perseverance,
1 couldn't see it at the time, but now can.
Ten years ago was doing a prosperous bust
ness as a cattle dealer at the East Liberty
stockyards 1 got tired OF 1t, however, and
hearing of sudden fortunes made in petroleum,
tried my luck on the floor of the Exchange.
guess 1 didn't understand the business, for
membership and quit. Next l tried the insur-
ance business bue finding it impossible to make
both ends meet had TO give it up.
II am now looking for an opening of some
kind. and if find it you may rest assured
will stick to it SO long as there is button on
Gabe's coat"
The iron market has undergone no particular |
change since last week. There is less rush and |
slight falling of in ORDERS OWING to the late
ness of the season, but there continues to be |
great activity in the trade, the mills having all
they can do, and requests for early deliveries |
are imperfectly complied with.
Prices vary in no essential respect from that |
of last week, and there is disposition to keep |
them about on the present level; but there may |
be slight rise after January l. This will de-
pend altogether, however, upon the course that
coke will take. In view of this contingency the
mills are not making prices for next years de-
livery. Quotations on leading descriptions are
appended: