Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-10-23
THE CRY FOR HOUSES
Being Responded to More Literally
Than Generally Thought.
ORGANIZATION OF A COMPANY
With Large Capital to Build Extensively
in the Thirteenth Ward.
SOME BIG DEALS In THE EAST END

SOME BIG DEALS In THE EAST ENI
The arguments and pleas for more houses
for the people are meeting with favorable re-
in business circles, said yesterday: 1.-THE
scarcity OF houses is so apparent that il is at
tracing the attention of capitalists in 9
larger degree than is generally thought.
know of company being organized with q
capital of 5000. 900 to build $50 fve-roomed
brick dwellings in the Thirteenth ward.
The members are all Pittsburgers. and fully
realize the importance of housing all the
people Of the right kind who want to locate
here, and are willing to do their part toward
accomplishing this result Besides, they
think it viii be a profitable investment.
The company is now looking for site, of
which several are under consideration. and
will make selection in a short time"
Mr.. Reno added: II am stockholder in this
company, but have $4,000 more to invest in
any other similar enterprise. know OF no pet-
ter or safer investment"
Up i'm the Figures.
In attempting to verify report Of an import
ant transaction in East End realty yesterday,
with which the firm of w. A. Heron & Sons
was coupled, those gentlemen were called on
for information the subject, but they re-
fused to turn on the light saying: 1--WE are not
in a position to either deny or confirm the re-
port" The property In question is understood
to be one of the finest residences in the East
End. surrounded by large and beautiful
grounds, and is occIfpied by one of the most
prominent families IN tie city The considera-
tion approximates Sl30,00o
From another source it was learned that the
deal has not been closed. but probably will be
dnring the week, as all the preliminaries have
been settled.
Picked Up in Williamsburg.
Williamsburg came to the front yesterday
with good real estate item. Allies & Bailey
m nde flying trip to that bustling borough and
picked up about three acres. situated near
Penn avenue and Water street. close to where
the loop of of Duquesne Traction road will
5000.
They propose to subdlvide the property at
once and put it on the market. 1t has been
christened Duquesne Place.
Advice to Capitalist.
A real estate broker on Fourth avenue was
yesterday asked by a capitalist for advice as to
how he could invest money to the best ad-
vantage. The dealer replied that the surest
and safest way was to erect substantial and
comfortable houses for the working people, and
either sell or rent them as he might elect.
The broker added: There is such a demand
tor houses of this class that if you will build
several hundred of them l will guarantee to
find you tenants or purchasers for them as sooE
as they are completed if not before"
CoIored People Overlooked.
A gentleman remarked yesterday: "Provi.
sions for the colored people seem TO be left out
of all the building projects that have come un.
der my notice. think it would be good in
vestmeut to erect a sufficient number of houses
TO meet the demand from this class of citizens.
There is a decided scarcity of accommodations
for these people. owing to the refusal of many
owners to receive colored tenants, although in
many cases higher prices are offered.
There are number of wealthy colored peo-
pie in Pittsburg and Allegheny City, who
should see to it that their brethren are COM
fortably housed"
Business News and Gossip.
It is encouraging to learn that a company is
being formed to build large number of house !
in the thirteenth ward. This example should
proper regard for the interests of the city.
An insurance agent said yesterday: Il have
Just heard that one of the big companies is
looking around on Penn avenue for site for
large office building. 1 have no particulars
and don't know whether the story is true or
not"
The largest of SO mortgages on file yesterday
was for $1,000. Fifteen were for purchase
money. Sixteen were for less than $1,000 each,
The First National Bank of Sewickley has
been organized and will begin business N0ven-
Der Is. The officers and directors are: r. J.
Murray. President; Charles Mcknight. Vics
President; Directors Charles G. Woods, Frank
Semple. John McElyane, Joseph W. Craig, !.
w: Arrott, Robert J. stoney. 1r., l. h.
Willard. Ezra P. Young and John B. Reno.
e. P. Coffin is the cashier.
Mr.. A. w. Mellon, the banker. went East yes
terday on business and pleasure. Something
may drop when he gets back.
Rails for the Duquesne road have been laid
on Craig street from Forbes to Fifth.
Something was going on at Swissvale yester-
day. but it could not be run down, as all inter-
ested closely observed Quay's advice to Beaver:
Don't talk"
Six building permits-all for good class Of
houses-were taken out yesterday. The list
follows:
stable 34x26 feet, on Fifth avenu, Twenty-sec-
ond ward. Cost, 3,245
Joseph c. Eichler. frame two-story dwelling,
14x2s feet, on Southern avenue, Thirty-second
Mrs. M. Fawcct two brick two-story and
mansard dwellings, 26x3S feet, on Fifth avenue,
Fourteenth ward; cost, S. ZOO
Louis Fuchs, brick one-story butcher shop,
teenth ward; cost. 81, 2W.
Samuel Bennett, three frame two-story
dwellings, lSx32 fee: each. on Blaine street,
Fourteenth ward; cost, S. 500.
Chris Wolfram, frame two-story and attic
dwelling, 20x32 feet OH Kramer way, Thirty
second ward; cost. s.. 400.
Movements in Real Estate.
Samuel w. Black & Co. made another ten
strike yesterday. They sold for w. A. Heron
d Sons, agents for Judge Sterritt, the vacant
property on the corner of Penn and Lexington
avenues, East End, lol 257x30o feet, adjoining
the residence of Mrs. Thomas Carnegie. for
S2S00O 1t will be impro'ed.
Baltensperge; & Williams sold for II. w,
Grant, ESQ. to Mrs. Margaret A. Ward, a
frame dwelling of four rooms and attic. lot
25x74, situated on Harrison avenue, Allegheny,
for 81. 500
s. A. Dickie q Co. sold for F. H. Speer to
Mrs e. McFarren. lot on Grazier street. 25x
13G feet, with a two-story and attic frame house,
for S, zoo
Magaw & Gof. Linn, sold new two-roomsd
house, with lot 50x2OQ at Oak station, c stle
Shannon Railroad to Thomas Shally for $500.
Black & Baird sold to Mary Ann McHale lot
No. 50 in Jeremiah Dunlevy's plan of Linden
place, fronting "a feet on the east side Of Hast
ing street by l20 feet in depth to an alley,
for $500,
W. e. Hamnett & Co. sold lot 10 in the Rad
cliff plan for P. j. Forsythe to John Youngk
for $3.50.
M. F. Hiprle & Co. sold to W. Baursmith, for
William Mcfarland ct al. another lot 60xl60
feet on the west side of Fairmout avenue in
the Mcfarland plan. Twenty-seventh ward, for