Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-05-29
SOME BRIGHT SPOTS.
Words That Are Showing a Particu-
larly Progressive Tendency.
SPECIAL FEATURES POINTED OUT.
Negotiations Said to Have Been Renewed
for Valuable Property.
THE NEWS AND GOSSIP OF THE TOWN


One Of the reports yesterday was that
Captain Vandergrift had resumed nego-
tiations for. the Fitzimmons property
adjoining his late purchase on Fourth ave-
nue.. The buildings have been condemned.
'T think that is just what the Captain has
been waiting for" remarked prominent
oil broker, who added that he had under
stood the price offered was $500 foot
front.
When negotiations were first opened one
of the owners of the property declined to
sell on the ground that he was old and did
not want the trouble of reinvesting the
money. 1t is thought the condemnation of the
buildings has caused him to change his mind
to avoid still greater trouble.
Some of the BusfIing Wards.
While all the wards of the city manifest
progressive tendency, a few of them are es-
pecially noticeable for the number, variety and
| importance of their improvements. A great
deal of building is going on in the Thirteenth,
but the houses are generally small. ranging in
price from $3.50 to $1,000.
The Fourteenth ward is one of the most pro-
gressive in the city, the large majority of
houses lately constructed and under way being
high class, brick predomInatlng. They range
In value from 81 500 to s., 000 with few held at
Sl000 to Sl5,000 the latter being situated
along Forbes and, BoQuet streets and Meyran
avenue.
Another ward that shows a great deal Of
goaheadativeness is the Nineteenth, the
recent opening Of large tracts of land in the
vicinity of Negley avenue and other improve
mentsl largely contributing to that end. Houses
are generally of substantial character finely
finished and valued at 81, 900 to $1,000. Building
is very active.
The Twentieth ward probably leads all others
in the number and variety Of all;kinds, styles
and prices. It is a ward of homes, every lot
owner building according to his taste and
means 1t is improving very rapidly and good
lots are becoming scarce, but this drawback
will be overcome, as there Is considerable
vacant ground in the ward that has not been
subdivided and put on the market.
The Twenty-second and Twenty-third wards
possess great possibilities, but they cannot be
spoken of definitely until large number of
deals that are pending shall have been closed
up. 1t is legitimate to say, however, that they
will in the course of few years rank with the
pest in the city, and be the center of q large
population.
Business News and Gossip.
Tomorrow being legal holiday, the banks
and exchange will be closed
Prices of several properties in the Central
Hotel block have been advanced since the an
nouncement of the Equitable Insurance Com
pany uicker.
A mortgage specialist said yesterday that
there was no trouble to raise money at per
cent and State tax on productive city property.
in
Williamsburg at per cent.
The advance in Electric on Eastern buying
afforded Ioca. holders of the stock good op-
portunity to realize.
One of the insurance companies that are
talking of putting up buildings here-not the
Equirable-ls half struck on q block above
Grant street, not far from Fifth avenue.
There are more improvements in progress
down the Fort Wayne road, taking Ellsworth
as the center, than at any previous time since
the settlement Of the valley.
Pittsburg is rapidly coming TO the front as a
distributing point for the drygoods trade. She
is supplying larger scope of country this sea-
son than ever before.
Lots in Johnstown are Is to so per cent higher
than before the flood.
The number of mortgages reported yesterday
was 81. The largest was for s6,5o0 Six were
for purchase money.
gives promise Of extraordinary activity in
building operations and unusual expansion in
population. The conditions affecting the pros
perity of Pittsburg were never more auspicious
than now. Every industry is represented in
the general line of activity and every legitimate
enterprise participates in the thrift"
Orders have been issued for the resumption
of work on full time at all of the Reading
collieries in the Mt. Carmel, Pa, district A
dozen mines are affected by the order.
$50
Movements in Real Esrate
Yesterday was a quiet day in real estate
circles, as far as outward appearances were an
indication, but 1t was admitted that a great
deal of underground work was going on, Busi-
ness reported was:
Samuel w. Black & Co. sold for Joseph De.
Roy property No. l99 Third avenue. being
three-story brick dwelling of IL rooms, lot24xs4
feet, for sl3. 900 cash.
Reed B. Coyle q Co. sold to Mrs. Annie Glib
son for T. II. Rose, Nos. "a and 56 Resaca street.
Allegheny, being two frame dwellings. one of
nve rooms and one of six rooms, with two lots |
each 2Ox1l0 feet to Franklin alley, for $3.50
cash.
Black d Baird sold for Henry Reiter to Mrs.
Margaret Ohle two-story frame dwelling. No.
l2f Howard street., Allegheny City, with lot
20x74 feet. for 81, 200
Baxter, Thompson & Co. sold for w, G.. |
Helms lot No. 16l Bank of Commerce addition
plan, Brushton station. for 81. 060 cash.
James w. Drape Co. sold a large lot on /
Fifth avenue, Ito feet front by $50 feet deep, at
the rate of sl25 per foot 'front.'