Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-11-28
SOUTHSIDE CHANCES
For People Of Very Moderate means
to Acquire Good Homes.
WHY THEBROKERS ARE THANKFUL
The Invention of the Circular Saw Claimed
for an Old PittSburger.
GOOD WORDS FOR LOAN ASSOCIATIONS.

The construction of the Castle Shannon
Incline, the contemplated grading and paw
ing of Washington and Grandview ave-
nues and the talk of a street car line are
giving quite an impetus to real estate on
Mt Washington. A Fourth avenue firm
has sold about 20 lots in plan near the
terminus of the incline in the last 80 days.
Prices are moderate but hardening as the
district fills up, but there is still good OPP
porsunity for people of moderate means to ac-
quire ZONES.
To show the upward tendency. the firm re-
ferred to stated yesterday that lots in Beltz-
hoover borough purchased five years ago for
Sl5d are now valued at $500.
All the brokers are thankful, but some OF
them are too modest TO say so.
w. F. Maxon-I am thankful to have gotten
Luster at Is So is the purchaser.
J. NJ. McBride-I am thankful for an order to
buy 500 La Noria. There is a commission init
Andrew Caster-I am thankful that am liy-
ing and able to cover my shorts in Philadelphia
Gas at a round profit
Henry NJ. Long-I am thankful that Things
are no worse
R W. McKelvy-I am thankful that 1 have
no Philadelphia.
Badger, Muslin, Harry Barbour and Finths-
wait-We are thankful we are so fat.
Captain Barbour-I am thankful for every
thing, but more particularly that will cele-
brate my thirteenth anniversary, December g
and am sober,
The DISPATCH sometime ago contained an
article on big trees. 1t attracted the attention
of G. N. Meriwether, Of Glen Ellen, Tenn, who
writes: ''On the farm of Fletcher Beaumont
in Montgomery county, Tenn, there is a pop
lar tree feet inch in diameter five feet from
the ground, and is apparently the same size up
to the first limb rs feet above the ground. The
tree is sound and is estimated to contain Is, 500
feet of lumber. No estimate has been made of
its age, but it undoubtedly antedates any other
living thing in this section"
]. E, Emerson, the Beaver Falls saw manu-
facturer, says concerning the invention of the
circular saw: I'm 1870. while was making my
patent inserted toothed saws with Messrs. Hub
bard Brothers & Co., on Water street, in Pitts
burg, very spughtly, intelligent and we'll
educated old man, who said he was then 90
years of age, and that his name was Jack Coop,
came in with an old rusty, circular saw. about
Is inches in diameter, to get it polished up. l
at once became interested in it. The old man
told me that in 1893 he made that saw while in
the British navy by filing the teeth into it, and
then got q hanG-saw maker to straighten and
polish it for him, and had mandrel made, and
used the saw in the navy. At that time gave
an account of the incident 20 the Scientific
american. and it was published in that journal.
the editors then claiming that in all probability
this was the first circular saw ever made"
go
While it. is very true that homes can be
bought for spot cash for considerably less than
they will cost on monthly payments, there are
many who can never accumulate enough money
TO get the advantage Of cash payment but who
can pay something every month. To overcome
this difficulty building and loan associations
were established. and the good they have done
in enabling people to become owners of the
houses they live in is beyond expression. None
but capitalist with long purse can afford to
sell houses and lots on monthly payments, but
any one with steady job can afford to buy On
those terms If misfortune overtakes him, and
through failure to make final payments forfeits
what he has already paid, he has the satlsfac-
tion of knowing that after all, he has only
paid a little higher rent than he otherwise
would have done.
Every thinker knows that the man who
would succeed must do more work than he gets
paid for, in every profession and trade. 1t may
be taken for granted that the man who will do
only $40 worth OF work a week because his
salary is but SO will never get more than $40 a
week, for the simple reason that he has never
shown his employer that he is worth more
Good observers figure it that an employe who
means to succeed has to do from 10 to 20 per
cent more work than he gets actual pay for
This he has to do until he reaches a certain
point, and having reached that point, he will
find that by as much as his income has in
creased by so much has the demand for amount
and intensity of his labor diminished. Labor
brings its market value; and is seldom over
paid, oftener underpAid. 1t is the experience.
the know How" that brings the money.
Said q prominent business man yesterday:
1.-THE fact has often been commented upon that
the children of our former rich men are now
wealthy only where their money was left to
them invested in realty. Our values are at
present so reasonable that no one need make a
poor investment who will use ordinary pru-
dence and judgment. One dollar invested
now ought to produce 81 within three years at
farthest. And in the meantime any investor
can sleep soundly, knowing as he must that his
investment has a solid foundation and that the
chances are ten to one that there will be no de-
cline whatever"
The installment plan of doing business is
getting to be wonderfully popular and COM
mon. Nearly everything from house and lot
to bedstead, or washboard can be bought on
weekly or monthly payments. At first sight
this plan would seem to be an injury to the
furniture trade and to the house building
trade, but no complaints to this effect are
heard On the contrary, an opposite opinion is
held by legitimate dealers. The in
srallment men take a class of trade that regu-
lar dealers cannot afford to handle.