Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-12-27
A BRIGHT PROSPECT.
Business Men See Nothing but Good
in the Outlook for Next Year.
BIG DEAL IN TIE FIRST WARD.
Double Investment Made Twenty Tears
Ago Turns Out Handsomely.
FIFTY NEW HOUSES FOB EDGEWOOD

Business was not Of the rushing sort yes
terday, but there was enough of it to show
that it had not been entirely knocked out
by the holiday. Tuesdays sales made
splendid showing in the Clearing House
report.
The most pleasing and satisfactory feature
of the situation is the feeling of confidence
in the future, which pervades all classes.
Bankers, brokers, merchants and manufac-
turers alike are animated by high hopes
thar the coming year will surpass all previous
ones in the volume OF trade.
The possibilities of 1890 are boundless, and
there is nothing in sight to warrant anticipa-
tions of disaster of any kind.
The reported sale of a lot Of ground to the
Union Storage Co., mentioned in THE Dis
PATCH yesterday. was fully confirmed later in
the day. The deal was made through the real
estate firm of w. A. Heron & Sons The lot is
situated at the corner of Liberty street and
Second avenue. and its dimensions are 60xl6O
feet The exact price could not be learned, but
it is understood TO approximate $4,000 AS
stated, the storage company will utilize the
ground for q largo and magnificent warehouse
which. as estimated, will cost 100000
This property was sold about Is months ago
to Michigan -four firm as a sfte for ware
house for s225O0, but they changed their minds
about coming to Pittsburg and disposed of Ihe
lot to the present owners az handsome proft.
GH4
An East End capitalist, who owns several
acres of land near Edgewood, is making ar
rangements to build so houses there next
spring. for sale OF rent As they will be con-
venient to Swissvale, where large number Of
men are employed at the Switch and Signal
Works, and close to Braddock and Wilkins
burg the investment will no doubt prove sue
cess.
A few months ago an interview with prom
inent city architect was published in THE Dis
PATCH, in which he stated that the time was
not far of when houses would be built of iron,
instead of wood. He gave as a reason for this
opinion that the lumber supply was becoming
scarcer every year, and would eventually COM
mand such prices as to make it more costly
than iron.
According to European advices the construc-
ton of iron houses has already become large
and important industry in England, Belgium,
France and parts of Germany and Italy and is
beginning to receive attention in the UnIted
States This is matter of great importanceto to
Pittsburg, which, from her supremacy in the
iron trade should lead in every new industrial
movement in which iron is a component part.
A prominent life insurance agent of this city,
who lives near Point Breeze hung up his stock
ing along with those of his i've boys, Christmas
Eve.
What do you think gotf" he remarked yes
terday.
"a dressing gown or asmOking cap, or gold
headed caneP''
mo. indeed, got monkey on a stick" he
replied, as he laughed heartily at the joke his
young hOperuls had played on him.
There were two very much surprised people
at McKeesport Christmas morning. They are
Germans and are man and wife. When they
settled in McKeesport the man without his
wife's knowledge, made an investment which
was to run for 20 years. Later on, the wife hav
ing SOME spare money, did the same thing with
out her husbands knowledge. 1t was to run Is
years.
The time expired on Tuesday, and each, still
without the others knowledge received a
check for the amount due-S500 to the husband !
and 81 600 to the wife, The husband put his
check IN his wife's stocking as Christmas
gift She did the same for her husband When
they were found Christmas morning there was
a surprise all round, and the story leaked out. |
The deals were made through Pittsburg in
surance firm.
No tenant should move into house until sat |
isfied that the building is IN good sanitary re-
pair. 1t is much easier to set repairs made be- |
fore occupancy than afterward. Besides there |
is the danger to health. even if the unsanitary |
conditions are endured but short time. Don't |
rely on getting damages from the landlord. |
That is not what you want You want health |
and no amount of damages will secure that. |
Know that the residence is sanitarily perfect, |
and the sense of security from disease which |
you will feel will repay all trouble.
The citizens of Boston are desirous of i'm
proving their building laws A committee hav-
lug the matter in hand are discussing the best |
methods of guarding against fire. It has been |
said that the recent fire was caused by electric |
wires. Whether that fact is established or
not the dangers from that source will be pro-
vided for. 1t is already intimated that insur-
ance companies will insist on the insertion of a
fusible plug on every telephone or telegraph
wire entering building, and no material capa-
BILE of being carbonized will be allowed on
switch boards and cut-offs.