Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-06-15
FACTS AND FIGURES
Showing That Real Estate is in Better
Shape Than Last Year.
BUILDING HOUSES ON THE SAND.
A Valuable Idea From Windy Chicago and
a Novel Invention at the Hub.
A CHANCE FOR PITTsBURG IRON KINGS

Facts and figures almost innpmerable
might be cited to show that real estate is on
| a better footing and in a more prosperous
condition than at the same time last year.
The following from member of one of the
leading agencies on Fourth avenue is to the
point. Said he: ''Our June sales to date
last year were s; for the same time this year
they are 10. This is only slight difference
but it shows an improvement. Our sales
for this year up to June aggregate 81, 1885,
900. For the same time last year they were
about half as much"
In this connection he remarked: "Our
rent list this year is $50 per centlarger than last
year." This is encouraging.
Houses, while not realty. are so closely
allied to it as to be almost inseparable, and
diversion from one to the other is easily ac-
complished. 1t is to be hoped that every
reader of THE DISPATCH is familiar with the
beautiful and impressive parable of our Lord
concerning the house that was built upon the
sand. This folly, not literall', but in principle,
seems to have been the cause of much of the
property loss at Johnstown. According to
gentleman who formerly lived there. very few
of the buildings washed away had good founda-
tions. This is a fact" said he yesterday,
(which should be borne in mind in re-
puhdlng. Inc same laulI nave oO-
served, prevails TO consioeraDle eA-
tent in Pittsburg. 1 have seen expensive
houses reared upon foundation walls that were
not substantial enough for a STABLE This is
not only poor economy, but it is dangerous.
Reports of buildings tumbling down and
crushing the inmates are NOT lnArequen1' 1nIs
% couiu no. nApPen II tne suostI uosuie &c
soNu' l. 'ne iauit VI 'ne 'iiiie i"sne, Sn~u
tne puiluers, pu. In eltne[ Case ~ 10 lining WIN
AAAe' "nion Shouiu no' pe ionseA '0Aei
oolns pScA " Lesi 90 ee'"te Ht;Niii, ~ 10y .: 70
observer InaS IiH'spuis Peopis arc "ioe -
'nink iei1sis W 'ne ~
the couA'Iy- Anere Hay Oe ho ua%1lns ~ A.e1"iy
genius among 1hem, no great composer VI
senator, no orator OF Jurist Oh "orio-"iue iAlne,
put IN the practlcal concerns ol lie, III Tue aIG
OIL sowing knotty questions III necnanleS, u
managing lnteres1s inNoiVlng lnlihohs VI uoi
lars OF restraining ana utllzlng electrlclty anu
natural gas, ana In the deVelopmenI Oh the re-
sources OF nature lnev possess power anu prSc-
ucaOIlIy oeyonu any otnel colnn unity III 'ne
new OF the olo morid Anu YET 'ney oon
know everything "A wise man may iearn Oh
1ools' was tne conclusion OF an elgnIeenLh
century philosopher. W4at FittsDurg people
oon kho" tney are anxious 70 learn In 'ne
matVer Oh supulNlulns lanu anu making IL teauy
Al,o Fo1I1
Ior tne market tney are AoHo"lns tne cus'oln
VI d d 0enCuiy az.
ouL ieAl ee.H'o tien aLe ~. 's ~,
are "suueu W ~ CUSTOM 'n@' no 10 oe'Set ~ .ue
, pieson C,'n tne oDoeI !nSs 'ne
IShu, stAhe On .ne lols anu oiler mem Ior oais'
ine puIelaSei mas W uo an tne cie"nis'
ing, road-making and everything else neces-
sary TO make tne place nj lor haoita1lon'
Anere are eAcepIops, VI couIse' pu' tlis 70 Tue
rule. II Is nel'neL Jult W 'ne purchaser noF
creoltaDle 10 tne seheI' hanu unueI sucu CIR
cumstances seluom p[lngs 'he Iun market
Vaiue. In Cnlcago OeIore ianu Is oIereo ior
SAFE II IS put IN proper conuiVlon. In 81, nauel
pnia tne same prac'lce Is opserVeu' Inc con
sequence is tnat good prices are realizeu. IL
saves tne purchaser tlme ana trouole. me
seHei e a w az p P 80. W ms P ~ = ~ b 0U
ho' puU pro'e OenenciAl'