Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-05-04
A LOCAL CROCKETT.
How Broker Mckee Brings Down
Stocks When He Goes for Them.
ANOTHER BIG REAL ESTATE DEAL.
An Argument From the Country in Favor
Of Opening Diamond Street.
A RURAL KICK AGAINST THE WEATHER

John Mckee is the Davy Crockett of the
local brokers. When he goes cunning for 8
stock he generally brings it down. He was
hungry for Wheeling Gas yesterday, and
although he bagged considerable of it he had
to fight for every share he got. Seeing that
he was determined to have it, the other bro.
kers did nothing but run the price up on
him. But as that was business, and nc
more than he expected, he neither kicked
nor backed out until be got about all be
wanted. His first BID was 49, at which price
five shares were handed over to him. This
opened the ball. His next bid was 33ss, at
which he raked in 100 shares. At 3S11 he
got 20; at 3355S, 80; at 33A, 125; at 33Ts, 10,
at "a, % shares were entered to his account.
His persistency attracted general attention
and was the only live feature of the market.
After it was all over Captain Barbour said:
when John makes up his mind that he wants
q thing he never rests until he gets it. He has
sand enough for two or three brokers'"
4#4
Black & Baird yesterday put the finishing
touch to real estate transaction involving
$l00,0 cool cash. Details of the deal were not
quite ready for laying before the public, but
the property was described as 'lying on big
hill between the rivers" which locates it some
where above the city, probably on the line Of
the main pipe of the Williamsburg water works,
as there are several tracts there that answer
to the very indefinite description. But no mat
ter where it is, it is big deal, and furnishes
additional proof that real estate is still in lively
demand.
While the architectural appearance of Pitts
burg has improved to a wonderful degree
within the past dozen years or SO. The future
promises still greater advances in the same di-
rection. Among the buildings in course of
construction are those of the Commercial Ma
tional Bank, the German National Bank, the
Fidelity the Van6ergrift, the Gregg, and sew
eral others Of almost equal Importance. All Of
these will be imposing in size, highly finished
and provided with the latest appliances for
comfort and convenience. This is at once an
evidence of prosperity and of an improved
taste on the part of our citizens. The new
Pittsburg will be one of the cleanest and hand
soonest cities in the Union.
Country people appear to be as deeply inter-
ested in the proposed Diamond street improve
ment as the city folk They say the introduc-
ton Of cable cars. with two tracks, on Fifth
avenue, renders it dan gerous for them to drive
over that thoroughfare to attend the markets.
The widening of Diamond street would not
only relieve them from this danger and annoy
ance, but would give a fresh impetus to the
country trade and largely increase the revenue
Of the city. This is a new and forcible argu-
ment in favor of the improvement
49,
sit would be impossible to tell Just how much
money this cold. damp spell of weather has
cost US, but it is considerable" remarked an
East End gardener yesterday. "a large pro-
portion of seed put in the ground early has
rotted, and replanting will be necessary, and
such vegetables as managed to thrust them
selves into the light give very little promise Of
amounting to anything. But it is not too late
to repair damages, and warm rain, followed
by clear, sunny weather, will bring things
around all right. except that the crops will be
late. So far as have investigated no great |
harm has been done to the early fruits and Der. |
ries Another freeze, however, would make |
almost clean sweep of them"
49,
Claus Spreckels, the sugar king, said in re- |
cent interview: "My own idea is that in few
years we will import no sugar. Not only does
the beet grow to perfection in California, but it
can as easily be grown in Pennsylvania and in
Ill Of the Central States. In California we get i
from it Is per cent Of sugar to 8 per cent that
;he European beet produces. A short time ago
he few remaining shares of a 5000, 900 stock
of which I own majority, were sub
'cribed in San Francisco and a new company
which will be amply able to sup
ply America with beet sugar."
To this may be added the fact that Kansas,
Is stated in an interview with Butler county
'armer, which appeared in The DISPATCH
ew weeks ago, is producing enough sugar
rom sorghum to supply its own wants. There
s no good reason why Pennsylvania should be
behind other States in the movement to obtain
! home supply of this necessary article.