Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-03-01
ONLY 80 PER CENT
Expected by Some of the DepOSitors
of the Lawrence Bank.
WHY THE BOOKS ARE HELD BACK,
Duquesne Traction Trunk Line Road With
Many Important Feeders.
AN OAKLAND RESIDENCE PICKED UP.

A handsome Oakland residence, with
about ree-quarters of an acre of land, was
picked up yesterday for $40, 1000. The deal
was made through Messrs. Heron & Sons.
They refused to give any particulars. but
from an outside source it was learned that
the seller was Lewis w. Dalzell. The prop
erty is situated near the Ursuline College.
and at one time was included in the Moor
head homestead.
A gentleman from Edgewood reported
that two deals involving a ten-acre tract
and several fine lots, located near that place,
were ON the string, with a good chance of be-
ing closed up in a few days. They involve
about SS0, 600.
A Lawrence Bank depositor was asked yes
terday why patrons of the suspended institu-
tion were so slow IN sending in their books and
certificates. He replied: Il sent mine in few
days ago. The reason 1 did not do SO sooner
was that was discouraged and began to think
l would get very little if any of my money.
This made me Indifferent whether sent my
book in or not. hope 1 am mistaken. Other
depositors, 1 suppose, feel the same way. Some
have gone away in search of work and may
never return. Others had very small amounts
in the bank, and will probably pay no further
attention to the matter. l have no idea that
all the books will ever be sent in."
Jacob Wainwright, one of the depositors. re-
marked few days ago. that from the best in
formation he could obtain, they would get
about 30 per cent
The new gas company has been formed to
supply light and fuel to the town of Charleroi,
on the Monongahela river, and charter will
be applied for on the Goth inst. The principal
stockholders are w. d. Hartupee. J. W. Moore.
W. Z. Bullitt, A F. Chandler and George w.
Grouse.
A trunk line is something of novelty in
street railways, but that is what the Duquesne
Traction Company project virtually amounts
T. In speaking on this subject yesterday, Mr..
l. ". Baird said: II have known of the exist
ence of this scheme for long time, and have
sold the company some valuable property out
Fifth avenue for car house and other build
ings. 1t is one of the most comprehensive
rapid transit ideas ever formulated. and cannot
fail to have an important bearing upon the de-
velopmenr of the entire East Liberty valley.
1t is a trunk line to all intents and purposes.
having branches like the fingers of ones hand to
all parts of the East End, including Wilkins
burg, and ultimately Braddock.
men, whose names am not at liberty to give
at present. 1 understand that. the necessary
ordinance having passed Councils. work on the
road will begin at once"
A number of capitalists, Of Butler, Pa, have
formed company for the purpose of building
a large electric plant at that place. The small
incandescent light plant now in operation is in
sufficient to supply the demand of that growing
town. With big chemical ana electric light
plants and new iron mill in prospect, Butler
is in fair way to boom. The combined capt.
tai of these enterprises is not much short of
S75U,O0U.
The interesting information comes from India
that, in a series of tests extending over period
of several months, the Westinghouse airbrake
demonstrated its superiority in the opinion of
many experts; over all rivals. especially the
automatic and vacuum brakes and that too
under very unequal conditions. For instance
the train on which the vacuum system was used
measured only 79O feet in length, whereas that
to which the Westinghouse brake was applied
had length of AIS feet The question has
not been fully settled to the satisfaction of tn
authorities, but so far the Westinghouse brake
is highest in popular esteem.
A large gang of men is at work on the branch
railroad from Hecla to Mt. Pleasant. 1t will
open up a new coke field. The Hecla and
Hostetter coke companies own large tracts of
land along the route, as does also the H. G.
Frick company. 1t Is said the Hostetter COM
pany will build $50 ovens and the Hecla CON-
pany about 200. The road forms part of the
Pennsylvania Company system.
The following mechanical patents have ex-
pired, and are now public property: Sectional
steam boiler, Babcock and Wilcox; condenser
for steam engines. s. A. Goodwin; air engine,
Norman and Dietrich; saving machine. H. a.
Current: screw cutting machine, ]. w. Row;
steam pressure regulator, A. ]. Ballard; conn.,
position for artificial stone. W. Hedley: wind
lass for hoisting machines, ]. Rushworth;
journal box, S. Aland; manufacture of fuel, NJ.
Rae.