Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-03-13
A SUBURBAN DICKER
Down the Fort Wayne Railroad In
volving Many Broad Acres.
FRESH SUPPLY OF BUILDING LOTS.
The Northside Syndicate Likely to Arouse
Ohio Street Van Wrinkles.
GOOD WORDS FOR MINING PROPERTIES

A deal in suburban property of considerable
importance, as making reliable quotation or
acreage values. was about closed up by c. Ber
ineer & Son yesterday afternoon. The tract is
large one, and is situated on the Fort Wayne
Railroad in the vicinity of Ellsworth. The
price paid for it approIimates $4,000 1t will
be subdiyided and put on the market.
The formation of syndicate to buy up bust
ness property on East Ohio street. Allegheny
City, as announced yesterday, bids fair to lift
that thoroughfare out Of the groove in which il
has been running for years. 1t is one of the
handsomest streets on the Northside and
should be one of the busiest from end
10 end. Singularly enough, it has been
almost overlooked by investors, and is there.
lore virgin field for the new combine to Oper-
ate in. What the result will be remains to be
seen; but it is safe to say that property owners
will meet the overtures OF the syndicate with a
demand for considerable advance on present
prices, which, as one gentleman said, "are away
down."
While this will be perfectly justifable, in
view of the fact that values there for the most
part are below the market care should be
taken to avoid the other extreme Owners
should bear in mind that fair prices make busi-
ness, but that extravagant demands retard il.
The gentleman quoted edded: Il hope the
prospect of a little furry over there will not
swell the heads of the people. If they get wild
their property will be left on their hands"
Among the questions which will be consid-
cred at the labor conference at Berne, Switzer-
land, special promise will be given to condi-
tions and regulations affecting the labor Of
women and minors. The conference, for eI-
ample will attempt TO determine whether the
maximum length of days work for minors
should vary according to the ages, and during
what hours should the working time be fixed;
whether the State should permit the employ
ment of women and children in occupations
carried on in the night time, and what restric-
tions are necessary in the employment of
women and children in unhealthy and danger
Gus occupations. PIttsburg has vital interest
in the permanent settlement of these questions.
She will be ably represented at the conference.
The cry about serious damage to wheat by
the recent cold snap seems to be of kind with
the annual lamentations over the loss of the
Delaware peach crop. A Liberty street grain
dealer said yesterday that he had late advices
from the winter wheat belt which showed that
no damage worth speaking of had been sus-
tanned, and that the outlook for large yield
was exceedingly good. The report of serious
loss by freezing was originated by the Chicago
DullS, the
and was SO conclusive, that they profted very
little by the canard.
II the mining stocks represented on the Pitts
burg Exchange are worth anything at all they
are dirt cheap at present figures. A gentle
man familiar with the condition of La Noria
said yesterday that he still had faith in it All
that is needed, in his opinion, is to sink the
shaft as deep as those OF other mines in the
nd
ton, came in for friendly mention,
He concluded: Improved methods of work
ing these mines should be tried, before they
are given up as hopeless. 1t might be well to
change the management all round. They are
all Pittsb lrg enterprises, and Pittsburg pluck
and skill should be able to make them payif
such thing is in the wood"