Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-03-21
AGENTS TO SCATTER.
Many Real Estate Hustlers Will
Occupy New Quarters April l.
LOOKING TOWARD PITTSBURG.
The Club Stable Scheme Bids Fair to be q
S9ccess in the Near Future.
BAD CONDITION OF WESTERN FARMERS

Places on Fourth, avenue that have
known many of the real estate brokers for
years will know them no more after April 1.
| A few will move as matter OF choice,
others from necessity, the march of I'M
proyement demanding the demolition OF
their present quarters to make room for
larger buildings. Some of them will occupy
offices further up Fourth avenue, some on
Diamond street, and some will put out their
signs on Grant street. Of course, their Gus
toners will keep track of them and business
will go on in pretty much the old way. In most
cases the changes will be for the better. as
more room will be secured, the want of which
has long been felt but could not be remedied.
The large number of inquiries being received
from business men in other cities in regard to
the price of property, rents, ETC., in Pittsburg
are beginning to attract attention. At least
dozen of these missiyes have been sent here
within month. They come from Chicago,
Louisville, Cincinnati and Richmond. Va. The
fame of Pittsburg as a business center is evil
IDENTIFY expanding. Although there is a
great scarcity of first-class business houses, it
is hoped some arrangement will be made to ac-
commodate all who desire to try their fortunes
here. Some of the inquirers propose to build;
should be afforded every facility and encour-
agement Capitalists would do well to take
this matter under consideration. The influx of
business which necessary accommodations
would assure, would increase the value of
property, as well as add to the wealth and i'm
portance of the city. Home capital could not
be better employed than in supplying the de-
mand for business houses and moderate priced
dwellings.
The club stable project, mentioned in The
DISPATCH day or two ago, is progressing
favorably, and it is thought it will be a go. The
site and the price, SS5.oOO, are favorably re-
garded by the gentlemen interested, and the
purchase will probably be made before the
end of the week. Mr.. Bowers, the owner
OF the property, was in consultation
with Messrs. Charles Somers & Co., who are his
agents, yesterday, settling the deals. He said
everything was favorable. One of the men,
bers of the above-named firm stated that
prominent liveryman on Third avenue had been
offered large salary to take charge of the new
concern. The cost Of the buildings and grounds
will approximate 100000.
Railway reports continue to furnish the most
comforting news of the day to the bulls in
stocks. In February the gross earnings of 136
railroad companies amounted to S2S.9S4, $50,
with total mileage Of 1885, against SIS SS7 Jos,
and mileage of Is. 5S4 in February last year, a
gain in earnings of III per cent and in mile
age of "a per cent. For both January and
February the total earnings aggregated $50, ,020,-
679. a gain over last year of 1872 per cent. The
railways, as whole, were never more prosper
Gus than they are now, and improving prices
for their stocks naturally follow.
Portraits on the national currency are:
United States notes-One dollar Washington,
s2Jefferson, IS Jackson, $40 Webster. $50 Ham
ilton, $50 Franklin. 500 Lincoln. $500 Gen.
eral Mansfield, $1,000 Dewitt Clinton.
5000 Madison. $4,000 jackson. Silver
certifcates-sl0R Robert Morris, $40 Commodore
Decatur. $50 Edward Everett, 500 James Mon
roe, $500 Charles Sumner, $1,000 w. L. Marcy.
Gold notes-S20 Garfield, 500 Silas Wright, sl0O
Thomas h. Benton, $500 A. Lincoln, s., 600 Alex
ander Hamilton. $1,000 James Madison, $4,000
Andrew jackson.
The agricultural interest in some parts of
the West is in a deplorable condition. A single
law firm in one city in Southern Kansas has
the contract for the foreclosure of l. 500 farm
mortgages. This means 1,800 homesteads trans
ferred from the hands of so many industrious
families to the hands of capitalists either do
mestic or foreign. The trouble is due to two
principal causes-farmers undertaking to cul-
or partial. The lot of the Pennsylvania farmer
is happy one as contrasted with the state Of
affairs above set forth.