Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-07-31
Trade Worth Looking After.

Trade Worth Looking After.
A prominent business man writing from the
City of Mexico mentions some things which
may interest Pittsburg manufacturers. he
SAYS that people in the United States are some
times slow to perceive the value of foreign
markets. but there is a class of wide-awake
Yankees who are doing good business In that
country. The American printing press is "on
top" in Mexico, also the American watch. and
American fine furniture finds a regular sale,
Notwithstanding the high duties. For all these
reasons the cry that American goods are not
used there, and cannot be introduced, is non.
sense. 1t is very close to the real figures to say
that Mexico buys yearly of American manu-
facturers. farmers and merchants, $4,000, 900.
The published figures of the United States
Treasury Department only show the goods sent
to Mexico by steamer, and to these must be
added the railway freights for that country,
which will bring ths total easily to S2O, 900.
Business News and Gossip
Williamsburg Council passed an ordinance
permitting the Duquesne Traction Company to
tunnel under the railroad, provided it bear all
expense and give bond for damages that may
accrue to abutting property. 1t is thought
the company will accept the terms
Building is very active in the suburbs. The
Southside and Sewickley districts will make
surprising showing at the end of the season.
With the trend of business eastward, it is
surprising that Grant street should be allowed
to remain dormant Instead of the most back
ward it should be one of the most progressive
thoroughfares In the city. Nothing is wanting
but a leader to give it boom.
1t was no uncommon occurrence for the city
papers last summer to appear minus real estate
transactions. This has not happened this
season. Sales appear every day. The improve
ment over last summer is estimated by COM
petent authority to be at least so per cent.
A great deal of well located property in the
upper part of Allegheny is going to waste. 1t
is believed that energy and printers ink would
work a change for the better. The experiment
is worth trying. There is no reasonable excuse
for dead property on either side of the river.
The Pennsylvania Railroad has changed Its
mind, and will not tear down the station at
Edgewood. for awhile at least. 1t is being re-
paired with a new floor and platforms. and
baggage room will be located in the basement.
Railroad earnings continue to show large ill.,
creases over last year. This is the principal
bullish feature Of the business situation.
Advices from London are to the effect that
the outlook is favorable to cheaper money.
The suppression of the outbreak in Buenos
Ayres had a good effect on the funds.
Allegheny City proposes to spread out still
nearly 100 acres on that thoroughfare. costing
$4,000, has just been purchased by a syndicate,
and will be laid out in about 800 lots and put on
the market.
Yesterdays mortgage list was one Of the
largest of the year. numbering 81. The largest
was for $4,000. Sixteen were for purchase
money.
Movements in Real Estate.
A deal is on for So acres and six brick houses
on Duquesne Heights, at something under $50
OOO
The handsome residence and grounds and
Mr. c. A. Chipley, of the Pennsylvania Rail-
road. at Brushton. changed owners yesterday
for $4,000 cash, the purchaser being Henry
Phones. The lot is 120 by 305, and the house
one Of the finest in that locality. Mr.. Chipley
was recently promoted and transferred to Phil.
adelphia.
c. Beringer q Son sold house and X acres
of ground at Glenfeld to ]. h. Bramer for
$500.
w. A. Heron q Sons sold at Edgewood a
lot 50xl20 feet. corner of Locust and Beech
streets, for s., $50 cash. They, in connection
with Algeo Bros, sold Nos. 205 and 2O7 Arch
street, Allegheny, two lots 2Ox1oO feet each,
with an old building of little value for $500
cash for all.
Black & Baird sold to Casper Geltenboth, for
Francis Lejune, two-story frame dwelling,
being No. 1877 Howard street, Allegheny City,
with lot 22xl16 feet. for 81, ,1O0
Baxter, Thompson & Co. sold for Mellon
Bros. lot l43 in the South Place plan at Will
merding. fronting 81 feet on Third avenue by
los to a l5-foot alley; also sold lot 274 in same
plan. fronting 80 feet on Fifth avenue by los to
q 2O-foot alley, to Ewing B. Kimberly for $780,