Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-03-14
PULLING UP STAKES.
Chicago Business Men Turning Their
Faces Toward Pittsburg.
TEARING DOWN A LANDMARK,
A B. & 0. Official Says the Situation is AL
together Encouraging.
BUILDING ASSOCIATIONS HELD UP

Within the past three days Messrs. Black
& Baird have received four letters from
business men in Chicago asking for store
rooms on the principal streets here. The
writer of one of the letters, received yester-
| day, proposes to establish wholesale butter
house if he can secure a suitable location.
These inquiries, and others of the same
tenor, indicate that the business advantages
of Pittsburg are beginning to be appreciated
abroad.
Tie work of demolishing the old st.
Nicholas Hotel, on Grant street, to make
room for the Dalzell law building, is pro-
ceeding vigorously, and in few days all
traces Of the well known hostelrie will have
disappeared. The structure which will occupy
the site will be one of the handsomest in the
| city.
The report that Mr.. Dalzell had acquired pos
session of the three buildings adjoining the
hotel property, on Fourth avenue, occupied by
Baxter, Thompson & Co.. Allies & Bailey and
the public morgue, is incorrect. They were pur-
chased by Mr. Israel as an investment
$50
The statement of the Westmoreand and
Cambria Natural Gas Company for the year
| just ended shows gross earnings, in round num-
bers, of $4,000: operating expenses, interest
and dividends. s2l0. .0OO. leaving surplus of
$50 600. Since April last sl40 600 has been paid
out in dividends. This shows condition of
prosperity almost unexampled among natural
| gas companies, and should strengthen the
stock.
A Baltimore and Ohio Railroad official said
| yesterday afternoon: You want to know what
I think of the railroad situation7 1t could
hardly be better. We are carrying about all
the freight and passengers we can handle.
| Other roads are also doing well. As evidence
Of prosperity the present year will probably see
more double tracking than ever before in the
same length of time. We will do considerable
in this line Of Improvement, but as our plans
are not fully matured it is too soon to talk.
| The Lake Shore will be double tracked from
| Chicago to Elkhart, Ind. The Pennsylvania
will put in a considerable length of double
track on the Fort Wayne and Panhandle, and
the Norfolk and Western will double its track
| between Radford and Roanoke. A number of
| other leading lines will increase their capacity
| in a similar way.
These contemplated improvements indicate
belief that the present prosperity will con-
tinue for several years. and see no reason to
doubt it,"
During conversation between two business
men on Fourth avenue yesterday one of them
| remarked: "Pittsburg will soon have the
| most thorough rapid-transit system of any city
in the United States. 1t will touch every street
| and penetrate the suburbs in all directions,
opening up new districts and inviting popula-
tion from all directions. 1t is my candid opin-
ion that the growth of Pittsburg in the next
| ten years will be greater than in the pre-
| vious 40"
Pittsburg is stronghold of building associa-
| tions AS general thing they are well man.
aged. and have accomplished a great deal of
! good in assisting members to homes. A promi-
| nent business man. who formerly belonged to
an association on the Northside said yesterday:
| ITO my mind good. honest building associa-
tion is desirable institution to have in a COM
munity. 1t teaches lessons of self-reliance and
self-respect and at the same time fulfills to
people of small means all the conditions of
bank. A great many prosperous citizens owe
their start in life to building association. 1
am one of them. Let the good work 60 on"
Leading electric companies are showing great
enterprise in their increasing efforts toward the
equipment of cities and country towns with
electric railways, street lights and motors for
every purpose. One of the most novel applica-
tions of the motor for power purposes lately is
its use for running horse grooming machine
in one of the large stables of Chicago. A three
horse power motor, running IT. $50 revolutions at
220 volts, is belted to the machine in such ,
manner as to cause the two revolving brushes
to turn at about 9, 500 revolutions per minute.
Another novelty is an apparatus for sharpen
ing or roughing horse shoes without removal
from the feet in frosty weather. This is ac-
complished by an electric motor and a portable
machine, and is one of the newest applications
of the electric current.
Cheaper paper is promised. 1t is being made
from rice straw, and the qualiy " is excellent.
Four thousand tons of the straw, heretofore
considered worthless. have just been shipped
from Savannah to New York as paper stock,
and it is proposed to carry on the manufacture
on an extensive scale. Whatever the rice
planters may get for their straw will be clear
profit; and, as the supply is plentiful, paper
mills will doubtless be established in the neigh
borhood of the rice plantations.