Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-11-02
WANT SMALL HOUSES.
Statement Of a Gentleman Who Sells
as Fast as He Can Build.
A GOOD PROSPECT FOB NEXT YEAR.
Conservative Views in Regard to the VAL
ues of Local Real Estate.
WESTERN FARMERsFIxISG UP A TRUST

As evidence of the great demand for small
houses, gentleman who does considerable
building, said yesterday: ST have put up
quite q number of small houses this season
and have sold everyone of them-sometimes
before they were finished. In some cases ]
had not more than got the cellar started be-
fore someone would come along and want to
buy the house. This fact should stir up
other builders, and hope it will 1t would
be next to impossible to glut the market.
"Outsiders-mechanics and laborers Of all
grades-would flock here in large numbers If
they could buy or rent houses of class suited
TO their means. But they cannot, and therefore
stay away. This is great drawback to the
growth Of the city. A good deal has been done
this year to remedy this evil, and from what l
hear great deal more will be done next year.
Here is splendid opportunity for capitalists to
reap golden harvest, such as comes but once
in lifetime"
A few days ago the wheat growers of the
Mississippi Valley met at st. Louis for the
purpose of forming an organization to control
the prices Of their farm products. A company
has been chartered under the name of the Fed
Grated Farmers of the Mississippi Valley, with
an authorized capital of $50 0O0, 0O0 and through
their agency the Western agriculturists hope
to be able to influence trade movements and
the course of prices The President, in the
course Of his address, said the convention had
met not for the purpose of denouncing trusts
and combines" but to meet the issue OF new
systems and conditions in trade. If farmers
would organize like manufacturers, to control
production and regulate the supply in the
public market, they could, in common with all
nth oa%N f1nfr fnVvr1
products irrespective of overproduction.
The most striking feature of this address is
its indication Of the growth of a new sentiment
among agriculturists respecting trade organ
Izations and combinations. 1t would appear
from this that the popular feeling against
trusts and combinations, which but short
time since seemed to be sweeping along like a
resistless current, is losing in strength.
From information obtained from leading
firms engaged In handling real estate it can be
said that there is very little disposition on the
part Of owners who desire to realize to boom
prices. While they very naturally want all
they can get, they are far-seeing enough to
realize that exorbitant demands would drive
buyers out of the field. Owners are therefore,
with few exceptions. disposed to be reasonable
in proof of which it may be stated that several
properties withdrawn from sale few weeks
ago for higher prices are again on the market
at the original figure. 1t is the general convic-
tion that property in and around Pittsburg is
high enough for the present, and any attempt
at enhancement would, except, perhaps in
special cases outside of the common demand
be detrimental to all concerned. In real estate,
as in other things, fair prices stimulate bust
ness.
The Pennsylvania Railroad Company is
making experiments with fre-proof railway
car. The distinctive feature of the car is that
it is all iron or steel. The roof sides and ends
of the car are made of boiler-plate riveted
together. The car is somewhat in the shape of
horseshoe, the round part being the top. In
the bottom are several steel girders placed in
cement, much the same as in Pullman cars
Along the sides is an array of windows, pre-
cisely similar to those of ordinary passenger
coaches.
The top Of the car is destitute of heavy roof
and ventilating arrangements that are seen on
ordinary cars. 1t Is said that ventilation is
secured by pumping air into the car through
pipes. These pipes in winter are arranged so
as to furnish warm air. 1t is claimed that it
will not burn, will last forever and will not
telescope or break up in collision,
1t is stated that Jay Gould will soon make
public his plan for the reconstruction of the
Manhattan system of elevated railroads in New
York City. According to the latest information
on the subject, the directors of the company
have already resolved TO place S2O.OOO, 600 in
shape available for the contemplated work,
which involves an enlargement of stations,
terminals and the entire equipment on the
Third, Sixth and Ninth avenue routes.
The city authorities are expected 20 make
large concessions of space for these improved
facilities. Seven cars will constitute a train,
and locomotives already ordered will have a
eorrespondingly increased power. The fixed
charges will amount to over $780, .0O0 which the
increased earning capacity of the road, it is as
sumed, will fully warrant.
An impression prevails that gold production
will develop more rapidly hencefOrward than
that of silver, but there is no abatement per-
ceptible in the production of the latter in
America, while in New South Wales and
South Australia it increases rapidly. Thus,
during the first six months Of the present year
the Broken Hill Proprietary Company's mine
in New South Wales turned out 2677 6S6
ounces of silver, against 2.29O,455 during the
preceding six months, and J, ,6S3 757 from jan
uary to July l, 1885, The mine produced dur
ing the last three years no less than 9,756,977
ounces of silver.
Mary had little lamb, its fleece was white as
snow; it strayed away one summer day where
lambs should never go. Then Mary sat her
down and tears streamed from her eyes; she
never found the lamb because she did not ad-
vertise. And Mary had a brother John, who
kept village store; he sat down and smoked
his pipe and watched the open door. And as
the people passed along and did not stop to
buy, John still sat down and smoked his pipe
and blinked his sleepy eve. And so the Sheriff
closed him out but still he fingered near; and
Mary came to drop sympathizing tear. How
is it, sister. that these other merchants here
sell all their goods, and thrive from year to
year?' Remembering now her own bad luck,
the little maid replies: 'These other fellows
get there, John, because they advertise"
pATnEPy an WnPV