Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-08-31
SECRETS WILL OUT.
A Ninety -Thousand-D Dollar Dicker in
East End Real Estate.
TWO BUSINESS MEN TIE BUYERS.
Our English Cousins Throw Cold Water on
the Tin Plate Project.

Vui 1nkAoA Voubinb AAiVW OVA0 "oseA VA
the Tin Plate Project.
A BUFFALO MAN REFINES OHIO OIL
As everybody who reads the city papers
knows. or ought to know, for the fact has
been dinned into their ears often enough,
many of the most important transactions in
real estate never come to the surface. By
the merest accident deal of this kind was
discovered yesterday. A few days ago
tract of about 35 acres of farm land, situated
not far from Dallas avenue and Shady
Lane, Twenty-second ward, was sold to two
prominent business men, one Of whom 10 q
Smith6eld street clothier, for price ap-
proximating $50. 900. It is understood the
old farm buildings will be torn down and
the property opened up and put on the mar
ket Although the land lies well and is
we'll adapted to residence purposes, the
price is considered pretty steep. Still, the pur-
.chasers figure on handsome profit
sss
Extract from q London letter in the Iron
Age: THE proposal to establish an expert
mental tin plate plant at Pittsburg has pro-
voked good deal Of comment in the technical
press over here. While some journals are
tenderly solicitous Of the interests of the Amer
ican tin plate consumer and others wax wroth
at the attempt to disposssss the British manu-
facturer of a market not one seems to doubt
the actual possibility Of establishing tin plate
production in the States. To-day's Honnsonger
observes: Nevertheless. we see no reason why
the manufacturers of tin plate in this country
need grow dlsneartened or Respondent. They
have the advantage Of possession, position for
shipment trained labor, and all materials on
the spot These are very important points, but,
in addition, the Welsh makers have strong al
lies in the United States, and IL the alliance is
made the most of, we should have very consid-
cradle doubts Of the success of any application
to Congress to increase the present duties. But
to insure that result the Welsh makers and
their business connections must not only watch
but work, and work hard, to checkmate the
advances Of the American ultra-protection-
ists."
Robert Latimer, the Liberty street tea mer-
chant, has compiled the following statistics:
The amount of tea consumed In the United
~ pounds to each person. The consumption
in the United Kingdom is 81 pounds per cap
ita. N bile our English cousins distance us In
tea drinking, we are far ahead OF them in the
quantity Of coffee consumed. our record being
six pounds per inhabitant to N in England.
Mr.. Larimer says trade il good, but that the
quality of the teas coming in is below the aver
age.
A gentleman writing to the Cincinnati Times
Star in regard to refining Ohio oil, says that
''in 1887 Mr.. George Van Week, of Buffalo, N.
Y. "a large producer Of petroleum in Pennsyl-
vania). put mp in that city complere minia-
ture refinery for the purpose Of experimenting
with Lima oil. After many months of hard
work he succeeded in extracting ali the sui
phur, and produced q perfect Illuminating oil,
free from any disagreeable odor or clouding the
chimneys Of the lamps when burning. This
process the gentleman had patented. When
making these experiments Mr.. Van Week also
began securing leases in the Ohio fields, and
after having secured all the oil territory
needed. organized the Paragon Refining Com
pany, locating the same at Toledo on account
of its proximity to the oil felds The capacity
of the refinery is 600 barrels per day, and the
owners are making arrangements to double
that capacity"
Pennsylvania experts who have been up the
Rocky Fork Mont, say that 500 men, working
ten hours day. could not exhaust the coal
deposit in sight there in 100 years. This is
one Of Montana's new things. Every evening
long train of heavily loaded coal cars is
pulled into Billings and weighed. The road,
extending 55 miles southwest to Red Lodge. is
only just in operation. The coal bears a close
resemblance to the Illinois product. Mining it
is like running a train alongside of q mountain
and loading everything in sight. There are
some veins over 20 feet thick. Coal is put on
the cars at cost of 81 so ton.
The demand for u,orfOo ooa ia ~ oo<;rr, xr,xh 4.
goodly number of favorable responses, which
will no doubt be augmented upon the return
from their vacations Of many local capitalists.
Thirty-two Of these prime collaterals for money
were recorded yesterday, the largest being for
IS. 800. and ranging from that down to $500 As
usual, the majority Of them were for purchase
money.
A new roofing material is mentioned in the
German papers. In the shape of q sort Of
metallic slate, somewhat similar to those used
among us, but enameled SO as to be proof
against moisture or acid vapors. Metallic
states Of tin and galvanized iron have long
been used in Germany, and galvanizing has
been pronounced by the highest scientific
authority there TO be the best protection
against rust that has yet been applied to iron,
but it is acknowledged that the bending neces-
sary to form the locking joints Of the metallic
tiles ID apt 70 tnfOW on the prOtecttng cover
ing, leaving the iron exposed to corrosion. In
order to provide against the bad effects Of this,
the new plates are made of sheet iron. stamped
into shape in the usual manner, and are then
dipped into enamel paint which, when heated,
forms continuous coating. unaffected by
acids or alkalies. 1t is too soon to say how
long roof laid with such material will last,
but it promises to be Of considerable value.
A convention of merchants was held in Ham,
ilton, Canada, a few days ago, at which fesolu-
tions were passed condemning the system of
easy credits. Facilities extended by the
banks are supposed to foster reckless trading.
Furthermore, the system of selling through
travellers is charged with much of the RESPONSE
bility for the inordinate competition prevalent.
In former times, when the bulk of the buying
was done by retailers In the wholesale ware
house, greater prudence and caution were ex-
ercised in assuming liabilities. and less pres
sure to purchase was put upon the customer,
while now the traveller in his anxiety to book
an order never wearies of commencing his
wares and persuading the retailer to lay in
large stock. offering as inducements long cred
its and low prices. One cut in price is followed
by another until goods are actually sold below
A., 49, to-