Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-12-10
SUPPLYING A WANT.
The Agent of the Denny Estate Goes
Into The Building Business.
EVERY HOUSE RENTED IN ADVANCE
Philadelphia Gas Improves Its Standing
b1t Electric Tumbles.
THE NEWS AND GOSSIP OF THE CITY

Major w. F. Aull, the agent for the
Denny estate, is building 15 two-story and
mansard brick houses on Penn avenue,
Twelfth ward. The foundations for all of
them have been laid and the brick work on
some begun. Although they will not be
ready for occupancy before May 1, all of
them have been rented at the rate of S400a
year.
Major Aull is also building, for the same
estate, number of good dwellings on North
avenue and Beech street. Allegheny. He is
selling off a considerable portion of the less
desirable unimproved part of the estate.
both in Pittsburg and Allegheny.
x
A Good Time to Buy.
The year now drawing to close has been
exceedingly prosperous to handlers of real
estate. Sellers and buyers alike have done
we'll, while agents have made both ends
meet. at least No buyer has been heard to ex-
press regret. More homes have been estab-
lished than in any other equal period in the
history of the city.
1t is the rule in all branches of trade for
business TO slack up little at the end of a
year. This year is something of an exception.
General trade is almost as active as it was in
the fall or spring. while the inquiry for real
estate is rather the increase. This is ac-
counted for by the well attested fact that
large number of persons hitherto trying their
luck in stocks and petroleum, with very unsat-
sfactory results, have changed off to lands and
houses as safer and insurIng larger profits. 1t
is a little harder to close I'D big deals, perhaps,
than earlier in the season. but small properties
are moving briskly, and in The majority of in
stances for cash.
work at good wages are always assured in Pitts
burg. making it comparatively easy for any in
dustrious, frugal person to buy or build home.
Every consideration fayors proprietorship.
man who owns the roof over his head is prac-
tically independent. The tenant, on the other
hand. while in a few years paying out the price
of home. has nothing TO show for it. He is
no better off than when he started. He has no
reserve that can be promptly turned into cash
In case OF need.
This is a good time to buy. as, under existing
and prospective conditions. prices of realty in
and about Pittsburg cannot be expected to re-
main stationary TO look for lower prices is to
discredit the signs of the tunes and to com
pletely ignore the fact that the city is rapidly
increasing in business, wealth and population.
Home-seckers, therefore, can hope to gain
nothing by delay. Strike while the iron is hot.
To repeat this is a good time to buy. He who
waits for a better will wait in vain.
Business News and Gossip.
newspaper reporter left an order with
Fourth avenue real estate broker yesterday for
S. 900 dwelling.
All the mortgages on ME yesterday were lOI
comparatively small amounts, the largest being
for s, ,0S7. Nineteen were for purchase money.
An Allegheny residence, situated on one of
the parks, is about to change ownership, at
figure not far from S30,U0O.
A resident of Laurel station was in the city
yesterday. consulting a lawyer, with view to
commencing proceedings against the Fl. Wayne
Railroad for making inroads upon tie river at
that point.
L. p. Long bought 50 shares of Philadelphia
Gas Company stock at 1873, and sold them at l3.
A lot of local sock will be opered at auction
at the Chamber of Commerce tomorrow after
noon.
Complaint is made that the means of ingress
and egress at the Williamsburg station in
sufficient, and would result in loss of life in
case of fire. 4 small blaze there Yesterday
caused quite a Jam.
The traffic managers of the Northwestern
roads yesterday agreed upon a further advance
In rates on the lower classes Of freight between
Chicago and St. Paul.
Northern Pacific earnings for December 4
increased sl7,649. Increase to December 4
s67, sos.
The Building Record.
Five permits were taken out yesterday for
six houses-al of good class. The list fol-
lows:
II. +. Olnhausen. two brick two story and at
tic dwellings. l5x32 feet each on Breed street.
Twenty-eighth ward; cost. s., 800.
NJ. r. Rafter, frame, three-story store and
dwelling, 20x32 feet corner Granite and
Wylie avenues, Thirteenth ward; cost S. 800.
Mrs. Mary Kaufman frame, two-Story dwell
| ing, 20xS2 feet on ST. Clair street, Nineteenth
| ward; cost s. 600.
| James NJ. Cain. frame, twostory dwelling
| lSX3O feet on Morris street. Fourteenth ward:
! cost. S065.
Thomas Grogan, brick, three-story store and
| dwelling, 20x32 feet on Thirty-rhlrd street,
Thirteenth ward; cost s2,OO4
Movements in Real Estate
J. 3. Larkin & Co. sold for Frank Cartwright
| seven-roomed frame house, No. 3U4 Atwood
street, with lot 2lxl0O to 2O-foot alley, for
price approximating 81 900 cash.
| w. A. Heron & Sons sold for E. &. Mooney,
| in the George r. White plan on Spahr street,
Twentieth ward, lot 40 by about 100 feet, for
S2.0JO. The purchaser intends improving the
same at once.
! Reed b. Coyle & Co. sold for Samuel Watson
| to Mary A. Simple lot 1l3 and one-half of liz
| IN the watson Place plan, Tenth ward Allie
| gheny. fronting 30 feet on East street and ex-
| tending back l09 teet to Shaft avenue, for
| $50.
NJ. F. Nipple & Co. sold to Mr.. H. J. Harley.
for Hugh Craig. Esq, a lot 2Txl70 feet. Fra
zier street, Fourteenth ward, for 81, 200 cash.
| Black & Baird sold to Mrs. E. Matthews lot
| on the southwest corner of Rippey and st.
Clair streets, East End, being 55xl26 feet To an
| alley, for $3.50
Magaw & Gotf, Linn, sold for R. P Houston
| to Martha NJ. While a four-roomed house, with
| lot 2ixl00. on corner Park avenue and Magaw
| street, Etna Park Place, for 81, 200