Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-03-16
ANOTHER FINE ONE.
The New Dalzell Building on Grant
Street to Have Company.
EAST OHIO STREET AGITATED.
A Big Natural Gas Combine Entered Into
to Pluck HooSier Farmers.
A NEW DEAL OUT THE BRIDDOCK ROAD

Grant street, it appears, is to be kept
abreast of other thoroughfares in the matter
Of Improvement. 1t was learned yesterday
that the three old buildings, Nos. 416, 41s
and 420, corner Grant and Fourth avenue.
belonging to the Wilkins estate, are to be
torn down to make room for fine seven or
eiyht-story structure for business and offices.
This and the Dalzell building, Immediately
opposite, will attract attention to a long
neglected part of the city.
A deal is cooking for about 40 lots 'front.'
ing on the Braddock road, just beyond
Williamsburg. If sold, they will be built
on the coming summer. The property sold
by Samuel W. Black & Co. for $4,000. men
toned In THE DISPATCH at the time, is situ-
ated on the corner of Fourteenth street and
Penn avenue. The lot is 55xlOO
gentleman connected with the real estate
nrm of Samuel W. Black & Co. visited Alle-
gheny City on Friday. What happened follows:
The 1rst place 1 struck was o hio street," said
ne, in telling the story. ~ was born and
brought up over there, and know most of the
old citizens and many of the new ones. Here
and there saw groups of people on the street
corners evidently discussing something of un-
usual interest to them. Approaching one of
these groups. asked man what was up. He
replied by asking me if L had seen The DIS
PATCH. This cleared up the mystery at once.
They had read the account of the formation of
asyndicate to buy up Ohio street property and
were swapping opinions about it. Tenants
looked rather blue, and expressed fears
that the result would be an advance in
rents, which they declared they couldn't pay
owners, however, were cheerful. They wanted
to know all about the syndicate, who composed
1t. the amount of capital, ETC. 1 gave them all
the information could, which was very little.
What struck me as remarkable was the moder-
alton of their views. Not the slightest symp-
tom of boom could be discovered. They
hoped the syndicate would push things, as
something of the kind was needed to stir up the
city. Before left had offers of almost half
of Madison Square at $500 to 500 foot 'front.'"
1t was rumored yesterday that Captain J. ].
Vandegrift had resumed negotiations for the
purchase of the Fitzsimmons property on
Fourth avenue but his agents denied that
there was any truth in it, saying the property
was out of the market at anything under $780,
600. or almost S40O0 foot front. The owners
will probably improve it themselves
Canvassers are close observers of the weather.
When they have important business with
man, they generally wait for a pleasant day. |
10 strike" him at anv other time would i'm
peril their success. Il can't do much such |
weather as this" remarked directory hustler |
why notf You will probably find |
all the people you want to see either in their |
stores or shops, or at home" 81 am aware of |
that" he replied; 'but they are cross. |
They always are in disagreeable weather. |
hnr &c N1N
and business than most people think. have
found it out by experience. To attempt to do
anything to-day in my line would be waste of
energy. and as don't want to be kicked out or
have doors slammed in my face, will wait for
a change of weather. Pittsburg is no worse in
this respect than other cities, although the
provocatiou is greater. Bad weather and bad
lumor are closely linked together everywhere"
1t is encouraging to note the increased and
Increasing interest which Pittsburg capitalists
re taking in real estate. 1t encourages the
lope that building will soon be prosecuted on
scale of sufficient magnitude to supply the
iemand for houses. Scarcity of funds was
ormerly urged as an excuse for not building.
While this may have been a sufficient reason
few years ago, it is valid no longer. The
'anks and private individuals are ready and
Wiling to advance any amount of money at
egular rates on real estate collateral, which is
low considered the best security in the market
With plenty of money to back it, building
hould be vigorously prosecuted during the
ext few years, until all the vacant spots are
oyered with houses and business afforded ade-
uate accommodations.
All the leading natural gas companies IN the
orthern and eastern parts of Indiana, II in
II have formed a trust and ha We "a kan in otbar.