Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-07-03
A GENERAL HOLIDAY.
Nearly ali Kinds Of Business to be
Suspended on the Fourth.
GOOD WORDS FOR REAL ESTATE.
1t Has Been Handled Judiciously and is q
Reliable Investment.
A NEW TOWN COMING TO THE FRONT

To-morrow-the glorious Fourth of July
will be legal holiday throughout Uncle
Sans wide domains, and the Exchange,
banks and most of the business houses in
Pittsburg will be closed. Persons having
commercial paper maturing tomorrow
should pay it or make satisfactory arrange
ments to-day to avoid protest.
A gentleman said to me yesterday: II have
a few thousand dollars for which have no i'm
mediate use and i believe will invest it in
real estate. If l had had the same mind ten
years ago I would be wealthy to-day. There
are plenty Of good chances yet to make money,
but more capital is required. I do not think
values have reached high-water mark. nor do
look for a sudden advance. 1t looks to me as
if the upward movement will be slow and sure,
and this gives me confidence. If / thought
there would be a boom would stay out. A
boom is always followed by a collapse So far
as can see real estate here has been handled
carefully and judiciously and has every appear
ance of being in a healthy condition"
Yesterday afternoon he drove out to Roup
station to look at some vacant lots in that
vicinity.
So far this week business in mortgages has
been brisk The number recorded on Monday
was 36, representing about $4,000. The largest
was for 81, 900. Between 80 and 40were filed for
record yesterday. The safety of real estate as
an investment Is generany recosniAeu " 80
capitalists, and no doubt large amounts of
noney ieie"seu " tne pay "
curity.
o,,.
MARION stauon' on tne naitimore anu onio
nair ABOUT seven niiies tion 'ne .'sy' tn Has
eApe,ienoTu 4ui's oooni ",s.n = .o p:..s,,,.o
months Loca'eo miu"ay petween s s.s
anu Dla1uock' anu q . oon1eni1ns us
ION uIncheespor ''' sno,us 10 va ,.aas -
" 'ne "oi Ans peop,e Vi sso -
acquire MONIES IN ,ne County a. ~" ss p,i.e
Ane oe'e VI q i''e .ne,o y. .-,,s
a tos semels ~ 'nas n u "a 49,, -.
auinonisn intenuins Puion"'es w "e'"S O.
h.tie as p"'sioe-
~ All tne signs snouio oe iuiniieu, W .ne 'ilne
fl'lsoure Is READY 70 annex everytnine As lar
up as bradoocK, Marion VIII De one Oh tne
largest anu nanosomest Towns On Sne nne VI 'ne
baitimore ana onio hanroao'
eroay, ana at least Two pig deals were COM
menceo, one OF Whicn may De consumma'eo To-
DAY. Inc INQUIRY was manly 1or business
properly and low prlced lots. A Fourtn ave
nue. nrm received wow as commissions On 10
cen' saies a' OaAianu anu Squhfei I'm.
An oil broker remarked TO me Yesterday
evening: u have been informed within the
past few days that the Standard has finally nit
upon process for refining the Ohio product
which will remove all the objections hitherto
urged against it. This is borne out by the fact
that the company is building large renneries at
several points. and is still buying up or leasing
more territory. They would hardly do this II
stuff and making it profitable as an illuminant.
II it were ut for nothing but fuel Trey would
not go to so much unnecessary trouble and ex-
pense. The fact is Lima oil refined from the
new process is hard to distinguish from the