Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-07-23
Business News and Gossip.

about as far from the truth as it is possible to
get"
Business News and Gossip.
For information of all, the statement recent.
ly made is repeated. that mortgages are not
| published in this column for the reason that
owners complain they frequently cast sus-
picion on unincumbered property.
The authorities of Edgewood borough expect
to place the SIS 900 bonds Just voted for a
schoolhouse at Der cent. The security is un-
doubted. Property is assessed at $500 900, butts
actual value is at least three times as much. o
There was some talk yesterday of Lafayette
Hall changing hands, and a Wood street
| banker was mentioned in connection with the
/ matter. but it was probably revival of the old
| story, as no one could be found to vouch for
the report. The property is held at about
s125.OOO
Three partly completed dwellings at wilkins
| burg and one at Edgewood have been sold
within the past three or four days, the purch-
asers not caring to run the risk of waiting
longer. This shows a good demand for resi-
dence property.
Eleven of 2S mortgages on file for record
yesterday were for purchase money. The larg-
est was for $4,000. The next largest was for
s., ,0O0 sSr
The Dollar Savings Bank has over S3. 000. 600
invested in Government bonds, and nearly 81, :
100000 in Pittsburg city bonds.
William Adams, of Memphis, Tenn, was in
the city yesterday. In brief interview he
said: "The material prosperity of the South
is equal to almost anything in tie North The
towns have assumed new life and are keeping
pace with the progressive building boom. The
country is also improving. and farmers are
making money.
The four-story apartment house on Fifth ave-
nue. near Washington street, is under roof, and
will be ready for occupancy by October /. 1t
will afford accommodations for six families.
house, is ready for the joists for the second
floor. Ground has been broken for two more in
the same neighborhood to be finished this year.
Efforts are being made by citizens of Parkers-
/ burg to secure the establishment in that place
of plant for the manufacture of patent wire
| nail
A company with a capital of $50, 900 has been
organized in Alabama to sink oil and gas wells
near Huntsville. William Sewers, of Brad
ford, Pa, passed through the city yesterday for
Huntsville to superintend drilling operations
w. A. Heron Sons have sold six lots on
| Robinson street, Thirteenth ward, in less than
| two weeks. This reflects the demand for
| building sites in thatlocality.
]. F. Stark sold so shares OF Luster at 49,
ndrew Caster sold % shares of Electric at 49,
Secretary Window gives notice that at noon
tomorrow proposals will be received in the
office of the Secretary of the Treasury for the
sale to the Government of United States bonds
of the acts of July IA. 1870. and January 20 1871
for the purpose of supplying, in part, the re-
quirements of the sinking fund for the current
fiscal year.
At the Close of the Buenos Ayres bourse on
HorI Ioxy fold atad
MUM.
Movements In Real Estate.
An elegant l2roomed house and an acre of
ground on Maple street. Edgewood owned by
Mrs. Miller, were offered at auction yesterday
by W. A Heron & Sons. There were num-
ber OF bidders present. The property was run
up to s9, 900, and there being no advance it was
withdrawn. 1t is held at S12, $40.
L. o. Frazier sold for Benjamin F. Wilson
lot having frontage of "a feet on the west
side of Fisk street, near Dawson street,
Seventeenth ward, and extending back 1880
feet to 20-foot alley to Henry ]. Werneburg
for 81 500 cash. or SIS per foot front.
Ewing d Byers sold for Mrs A II. johnson
to a Pittsburg business man, vacant lot on
Fayette street. Fifth ward. Allegheny, in size
2Oxl24 feet through to Hamlin street for 81 875
cash.
Black Il Baird sold to +. G. Ericke for G. d.
Simen lot AZ, on Mcpherson Boulevard, in
Boulevard Place, East End, 55x140 feet, for
81, ,T5O
Thomas McCaffrey sold for Mrs. Ann Kemely
TO Andrew Lees lot 20xl00 with frame dwell
ing. on Keystone avenue, corner Fifty-third
street, for SS25; also, for James McVay to
Thomas Haneghan lot 20xl0O, with a three
roomed dwelling. located corner Fiftv-fourth
and Lewis Streets for $500; also. for the p.
Fleming heirs to William Donnelly 100 acres of
land situated at Derry, Westmoreland county.
for 81, $50.
W. A. Heron & Sons sold another lot 3Oxl95
feet. on Robinson street, Thirteenth ward, for
$3.50.
Hamnett & Meredith sold two lots on Green
street. Williamsburg. each 25x140, to G. Phillips
for s75O each.
Reed b. Coyle & Co. sold to T. s. Grifiths lot
100 in the Marion Place plan, fronting 69 feet
on Parnell street and l22 feet on Homo Rule
street, for $3.50.
Allies & Bailey sold for W. c. McEldowney
vacant lots Nos. Il, ID and IA in William Booths
plan. 72 feet front to an alley, between Morgan
and Heron avenues, for 81, $50 cash. VII,
Wilson was the purchaser.
Samuel W. Black & Co. sold a lot 32xlSS feet
to a 20-foot alley, on the east side of Lytle
street, Twenty-thlrd ward, in the Blair estate
plan of lots, for $780,
James. W. Drape & Co. say: The papers and
cash have passed between parties In a transac-
tion on piece of property adjoining the city
involving over 100000.
NJ F. Nipple q Co. sold for 81, 500 to E. Shep-
hard, one Of those new tenToom brick dwell