Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-07-13


Mr.. Davis was promptly interviewed for
particulars He said he had not bought the
property, but had succeeded In leasing it Tor
five years, with the privilege of renewal.
Whether he would purchase it or not was
further along. but stranger things had hap
pened. He will at all events make extensive
improvements to more completely adapt it to
threatical purposes.
A Qurstion Briefly Answered.
A communication from "owner'' requests an
answer to the question; ado you think there
| is danger Of reaction In values In real
estater' 1t Is hard to tell what may happen
| years hence. II "Owner" had limited his
question TO the present or Immediate future,
the answer would have been easy to make.
There Ia no apparent cause for reaction, or
even depression. The city is not oversold
Demand Is active for all descriptions Of prop.
erty. This will increase % the city grows In
population and business New buyers ale chs
| tefihg the market every day. Homes are
being established at rate hitherto unknown.
II Ia estimated that 70 per cent Of the pur.
ebases are for Improvement This leaves
comparatively small margin for speculation.
| Under these conditions, which are peteht 20
all, reaction is well nigh impossible,
II il not likely that values will show much
change for some tims, except In special cases,
but they will be maintained on their present
level and move up as the city expands En-
hRneHment of this nature Ia natural aud
healthy. 1t is mark Of progress in the aetiyi'
ties or the city, aud aguarantee OF Stability,
30 long as flttsburg STANDS az the heAa Oh the
industrial movements OF the county, 10 long
WIZ her estate interests DC secure
| kss
| Events in Local Securities.
The event OF the week In home securities was
tne nreak and rally OF Westingnonse Eieotrio,
consequent upon the increase OF the capital
STOCK 10 slo'ooo,ooo II the STOCK had not peen
heia py strohg hahds there would nave peen
panic As was, al tne criticAi time enough
inside support was developed to stay the tide
ana restore Ine STOCK almost 70 It's normai mar
ket Fa'ue' Inc lowest point touoheo On tne
decline was So1s. II closed at Ss9s DID,
Ahotner feature was the saie-tne nrst TINS
year-ot small lot OF fankee diri mining
stock. This resurrection was due to report
tnst the company mad conciuaea 10 dispose OF
some ol It's propeFIes to an Ell sisn syhuIcate'
who Will push the work OF development. There
was nothing strikngy new In the remainder OK
the list.
Brokers were encouraged over the improve
ment IN business the last TWO or three days OF
the week. Buying oroefs were reported 70 DC
coming IN quite hpefaily. Iheres great zeal
OF ldle money on the street, as result OF the
July settiemehts' some Oh "n'cn, no uouot' VIII
Dc riskeo In speculation, ana 10 tnis reasonapie
supposition Is due tne pettef temper Oh tne
local STOCK Market
p.., ~. "a c...,
s., - ,ooa, 60. ,o.. -. ,,,oo
oHies u 10. oAs ."1. 80 nnu1
80 S.,r-sr .ooo.a "
A.. a. onconrorar,o,, 20 ho,d.rs ~ ,;.r -,;, |
..,s a. En,'n,,' -, " SNn,. " iS oiS iaa-
tardav svenino. ..snor aftar ths Ma-tat go.
line in Pbiladeiphia started. the stock. the mar
oA WHICH "As w. isn W Ao hoiue's neio on 70
lam ~ anu IT, go. - ao.e % W ~ S naA.s
n.,, ' D
n
- ~ =. - W.
1eAunes'o uuiIns VIC Peos "ooA NO VIZ sA"''
pam .as- sneie - anans s1i sap'e ~ p.os.eos
:, 11 nol nN ses ~ .e ~ tn , yeosay,
q. eoo ~. ~ s,,Ds. to. soon se0' ""'
Knhn Rrothers sold IN shares of Phi,odo,
rbia Comnonv stock az eIl/ ind,c.tinc a good
pnia s.n. 80 s.nosrh ~ s'0O
IT, DTSn.ro9 "a indoh+.d +o s,-,,,
- D. prothars a s, g. ..IJs
p.Is - pu.o.d Sno,-;+;sv r,,
bouds,r,a,r nrirt.d a nd co-tain ,.rro o,.'-,s
- q, Sor,,,a,,e, of s,,ooi,1 -. -, i,,,,os-o
Ctt,zans of Torrens have given nm all hona of
the ran,oval of the stocl. vayds and are acco,n.
modatino themselves TO the sitnat:on Rniio-
inc bowever ia sill backward
Suinr 80 tha number of neon,. ,..,,,. -.
o,tv CO.. tia Summer the Fidaiitv Title .nS
TINS, comnanv is ru.bed with tb. demand fo-
ho~es in their bip vault in which tn nact svor
yoInables That ia one nlace WHARF tb,ayss
.annot breai tbronph and stea,
Thora "a tal, Of nav r.al .s..+. &C.,,
rarr,h .venue
~ = rnds-stood tho. .or+r.,.s
g. e 1ats ar sewict,sv Tha .;ta -
~ - |
o-"''
Movements in Real Estate.
S+r.pb A. Morris sold two lots in the M yU.iss |
n,an at Grafton TO a gentleman who nronoses
ao,i,r bandsome dwelling tb.reo,..I.o
lot No in McCandless plan of 10 ts at Crafton. |
.Iso thrse Of tb. CJitv Land and Imnrov.nant
tlomnanvs bouses situated IN Oakland corner
Of Cato and Inlet streets for IS 600 each. also
so,d for The Enreka Land Comnanv IN lots on
Juliet street. Oakland, to parties who will erect
bonsos
yUo,S- e. nro,ovou .old +o J,r,as y,r-,,
g.. Cn.rIas uammerIe a frame dwe1I,no ..ith
~. oILen HsnLaI, oor,,. g. q, ssn. H. ". ,
~. $50 a.. e ranaas..ad 10, onS Trms+ c.
~.e ..e " ts- .h. sorths,de planino Mi,lIComnanv
r pA-.. 49, ~ s'.,,;. 10, ooxeo On Was. Marrst
80 ., sno. .Iso 60 Tohn Rann.dv e.
49," 49,. ~. t-ar,. Sws,I;re .nd Io1 isiI,os
Ames NesDi., iao e., e ., ooo .m a. suN1S
W, On noi ilsou N'oA1o' AVA s-'o''
Niss pioPei.
neeu D. Eo!ie C1, - soiu IT, sue. ,e ISL Husoa
tnlee to,s in sne n... I.o pc paD, 9asA pn
wara, Anesnens' -ia Aoo .,ut,er 10, w
~ sssaI,ie sao a'en1e' -'t P'''' '-Ns
s',oVo
D,AcA oa,ru s soiu ,ol n1 n A,uen' w .onu
D. herron, or,, De9., hli. niueus sSono i1s. |
aence on hinuen Hssnue, ooo GAe' Euu' "i.r ~
IeeI' ior ei'oOo' aiso. iots We A - anu
"a IN tue Ainueu Avenue oyne P@, e |
JOINING tne aoo'e ptvpelv, oIp ks a.. a
iotai iroh'age oi o,o o,o aoo 49, Uu a'.,s
py o.] IN aepsh, tvt e-OsVOO ~, aas ,,ts--. ~.
Andrew benae, 'ne properS gn prds ahe s,ra.t Is.