Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-12-01
FACTS AND GOSSIP
Concerning the Business Interests Of
This Hive Of Industry.
THE MOTTOO A SUCCESSFUL MAN.
A Prominent Lawyer Talks About the Pro-
posed River Market House.
COUNTRY ROADS A PUBLIC DISGRACE


6dence in other securities weskens, realty
rises in favor. Thus what isone mans meat
is another mans poison.
%~%
A prominent Pittsburg attorney, whose
Office is in the. Bakewell law building. and
who has travelled considerably in Europe, in
speaking yesterday of the project for build
ing market house on the Allegheny river,
saidI "The idea is good one, but think
itcan be improved. In place of market
house I would cover both sides of the bridge
with stores, handsomely fitted up, with glass
fronts and every convenience for business.
I saw such bridge over the river Tyne,
near Newcastle, England, and it struck me
at once that something of that kind would I'LL
great want at Pittsburg, where ground Tor
business purposes is scarce and dear.
Il have made a mental calculation of the
cost and the income from such structure, and
am convinced that the rental from the stores
would be sufficient to pay all expenses in about
i've years. The two cities would then have
valuable property free of cost. But If the
cities should refuse to have anythingto to do with
it, the building could be put up by private en-
terprise, no large amount Of capital being re-
quired, and am confident it would be good
investment think the matter is worth look
ing into further"
Landlords should lose no more time in sign
ing the agreement to change moving day, II
they want it to 60 into effect nextspring. II they
hesitate much longer it will be taken as proof
that they do not favor the change. Do they de-
sire to assume that positionr
That business generally possesses substan-
tial backbone was clearly demonstrated last
week, when it successfully withstood the as
saults of several condagrations which wiped
out millions of dollars worth of property. OF
course, these heavy losses had depressing
local effect, but their influence at large was
scarcely felt The great industries Of the
country are so well distributed that disaster
TO any of them in one place only stimulates
greater activity in another.
Locally complications growing out Of the at.
tempts to get at the bottom Of the Lawrence
Bank failure, afforded about the only diversion
from the usual run Of events. Notwithstanding
the intervention of holiday, ana the conrinu-
ance Of bad weather, all departments Of regular
trade were in hourishing condition. as
shown by the Clearing House reports The bank
exchanges for the week were 8, ,05S .625 l6larger
than for the corresponding time last year, and
for the month s.. 500. 6S5 GA larger. There was
great activity in real estate for the season and
many important transactions were effected.
On the whole, the business of the week was
satisfactory and encouraging, showing that it
rests upon solid foundation, backed up by a
good demand and abundant capital
go
This week THE DIsPATCR may be able to
throw some light on the real estate movements
on the Monongahela river front, referred to
yesterday. In this connection it may be
stated, without violation of confidence that
one of the deals is about closed up.
aAG
The country roads are very little better than
clay pits. They are avoided whenever possible.
stuck in the mud" is an expression heard as
often as any other in the rural districts. -Four
horses hitched to an empty wagon is not an un-
usual thing City merchants have great diff
Guilty in delivering goods to their country Gus
toners, and some Of them have abandoned the
practice altogether. In many cases physicians
take walkers Line" in visiting their patients
rather than run the risk of delay if they should
employ q carriage. Horses are suffering
greatly from sore feet and legs. Farmers are
unable to bring their produce to market. This
adds to the cost Of living in the city. Every in
terest is unfavorably affected.
How long is this TO last? 1t was thought last
winters experience would be sufficient to in
suare remedy. But this hope proved delu-
sive. The roads are in a worse condition than
ever before This is a disgrace to the county,
and not very creditable to our country cousins,
who should see to it that the road laws are
strictly enforced. The additional taxes which
would flow into the county treasury from the
enhanced value of farm lands, which would
follow general and thorough system of road
Improvement would more than defray the cost
But regardless of cost, the roads should be i'm
proved SO as to keep up communication be-
tween the city and the country.
Asa
The Real Estate Record conducted by
Brother Lowry, is conservative and hopeful, as
the following extract will show:
''The demand for residence property is brisk
and there is no difficulty in disposing of eligible
few cases where the owners have extravagant
notions Of the value of property, but in these
cases purchasers are accommodated in other
localities Take the market all through, resi-
dence property is readily sold and at prices
indicating steady appreciation.
"The promised transportation facilities have
benefited holders wherever improvements are
projected. People who have never paid any
attention to acre property are dipping in,' sur
veyors' stakes have multiplied, and the market
has been and will continue to De good Just so
long as the property changing hands is i'm
proved. The danger limit will not be reached
until the proportion of property bought and |
held in expectation Of appreciation by the |
momentum of business and activity Of the real |
estate market is twice as great as it is now.
1.-The chief features OF the market are all en- |
couraging In fact the market was never so |
promising as it is now. Neglected portions of |
the city are investigated and their possibilities
recognized. The more they are investigated |
the more genuine the interest manifested"
A number of Pittsburg capitalists are per- |
fectinG project which may largely increase
the number of small houses in the city. One of |
them was in Philadelphia recently taking notes.
and came home with his head full of new ideas. |
If the scheme under consideration shall be |
considered practicable, operations will begin
early next spring. The names of the gentle
men are withheld for the present, but they all |
stand high in business circles, which is a guar
antee that whatevepSthey undertake in the way
of building will be carried out
The following is displayed above the desk of
a prominent business man on Grant street:
''Grit makes the most successful men.
The want Of grit, the chump;
The men who win are those who can
Lay hold, hang on, and hump"
''Do you carry out this sentiment in your
business?" he was asked.
81 try to-" was the reply. II think it is the
keynote to success. Energy rules the world.
It is indeed, more valuable than ability alone.
but when both are combined in the same per-
son failure is impossible. Lazy men sometimes
euocaad huk mora nv aocidene than anv+h;...