Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-07-29
ALL In THE WHIRL.
Clearing House Figures Show How
Pittsburg is Progressing.
ACTIVITY ALL OVER THE COUNTRY.
A Lively Day in Home Securities and a
Real Surprise in Petroleum.
IMPORTANT MOVEMENTS IN REALTY

Business opened up for the week in good
shape yesterday. Cooler weather made
hustling possible. Bank exchanges were
s.. $50, 900 in round numbers, against
s., ,242, Ill % same date last year. There
was no corporation checking, nor anything
outside the usual movement of trade, to
produce this splendid result Proof of this
is furnished in the TACT that all the banks
came in heavy. This should not be over
looked In estimating the prosperity of the
city.
A strong and encouraging feature of the
business situation is the fact that the entire
country is prosperous. This is shown in
official Government and State reports, and
in the large employment of money. Almost
every line of industry shows rapid and
steady advance There is no speculative ex-
citement outside of few localities, but simply
a solid and substantial growth based on the
development of vast resources.
Business News and Gossip.
The Williamsburg M. E. Church building and
lot have been sold to Prof. Van Tyne, of the
academy, for 5000 The trustees reserved the
right to use the building for Is months, by
which time the new church will be ready for
occupancy.
W. A. Heron d Sons-we can report fair
ly good demand for medium class houses,
good part of which comes from outsiders seek
ing homes in our city. As a rule they are q
good class of people.
1t was urged yesterday by a prominent bust
ness man that it would have been better plan
to have offered the City Farm ar public sale
than to have taken bids for 1t, as was done. At
n aIa he uad ic
cited. while the other mode does away with it
to a great extent.
Mortgages on file for record yesterday num-
bered 81, of which the largest was for 5000
and the smallest for ST. Eleven were for pur-
chase money.
Asphaltum floors is the latest idea in fire.
proof buildings. Strips of wood are attached
to the sides and ends to tack carpets to.
Pittsburg bankers predict an easier money
market from this time on until the opening of
the fall trade They do not look for lower
rates, however. the greater ease being in the
direction of wider accommodations,
The Pennsylvania Railroad reports that the
quantity of coal and coke originating on and
carried over its lines east of Pittsburg and
Erie for the week ending July 10 was S25, 800
tons, of which 227, 1862 tons were coal and 9S,03S
tons coke.
The usplus Of the city banks. as tshown by
recently published statements is S5,776,329.
They hold S420,34S in excess of the 25 per cent
required by law.
Movements in Real Estate.
The most important transactions in realty
that escaped the clutches of the brokers yes
terday took place on the Northside. Black &
Baird sold for the Third National Bank of
Pittsburg to W. J. Richter the property on the
New Brighton road. Eleventh ward, at the
head Of Davis avenue, formerly owned and oc-
cupied as a residence by Hamilton E. Goe,
consisting of 81 acres, with handsome frame
dwelling of Il rooms, for S24, 240. Mr.. Richter
will subdivide the property and place it on the
market.
The same firm closed deaf for unimproved
property In the East End. not stones throw
from the corner of Center, Ellsworth and High
land avenues, for SILL 900. While admitting the
sale, they refused particulars.
j. E. Glass made a break into new territory,
which will no doubt be fruitful of good re-
suits. He sold for Samuel B. Ross to Messrs.
Dornberger & Oehmler tract OF land contain
ing 81 acres, situated on Lincoln near Lem
ington avenue. Twenty-flrst ward for price
approximating 1000 1t will be laid out in
lots. to be known as Lincoln Terrace, and be
put on the market by Mr.. Glass
An East End firm sold a piece of unim-
proved property near Negley and Penn ave-
nues, Nineteenth ward. for $4,000
1t was reported that Chief Bigelow. acting
for the city, has an eye on II acres adjoining
Highland Park for the purpose of eularging
that handsome breathing spot.
]. B. Larkin & Co. sold for E. D. Smith, of
this city. to Clement B. Streator IL lots in the
Keystone addition to Chicago. 25x125 feet each.
Terms cash at a satisfactory price not named.
Black & Baird sold for F. G. Fricke to R. G.
Gillespie lot No. AZ. on Mcpherson Boulevard,
Boulevard place, East End. 55xl4O feet, adjoin-
ing Mr.. Gillespe's other property, for s., 800.
W. A. Heron & Sons sold brick house of
five rooms. on Clark street, Seventh ward, with
a triangular-shaped lot, for s., 4O0
Samuel w. Black & Co. sold for the Blair
estate. Glenwood a lot on Almeda street, 24x
12O feet at price approximating $500.
James W. Drape & Co., closed the sale Of
piece of property In the suburbs of IL acres of
ground, with dwelling and outbuildngs, for
Sl5 600 cash