Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-09-26
ON THE N0RTHSIDE.
How Real Estate is Moving in Allie
gheny City and Surroundings.
A GOOD FIELD FOR APIDTRANSIT.
Considerable Doing in Local Stocks, but Oil
Featureless as an Oyster.
THE NEWS AND GOSSIP OF THE CITY

is suffering somewhat from insufficient
means for the conveyance of people to and
| from the widely separated districts. The
completion of the various rapid transit
projects, which are under way and in con-
temptation, will remove this barrier to the
progress of the city and give it forward
impetus greater than any it has ever expert
enced.
The highest priced property, of course, is
fonnd in.the central part of the city in the
neighborhood of the parks, where sales have
been made quite recently at as much as
$500 foot front. This was the price paid
by Mr.. james b. Aiken, the Fifth avenue
merchant for a lot whereon he is erecting
line residence. Offers of $500 have been
made repeatedly and refused. Some choice
sites are held at 500 and $500 foot. On
Buena Vista street year ago lots sold for
&, 500 which could not now be bought for less
than $4,000, and owners are not anxious to sell
even at that figure.
There is considerable activity in realty in the
lower part of the city, but as only few of the
transactions are reported it is difficult to tell
just what is going on. A number of important
improvements are going forward and others
are talked of. Owners are not anxious to sell.
They are awaiting the opening of California
avenue, and the completion of the electric
road. which they think will stimulate the de-
mand for property and advance prices. This
Is certainly reasonable conclusion.
Passing to the upper part of the city the
Hers Island district. it is found that, owing
to its isolated position and almost total lack of
transportation facilities, improvement is in
very backward state. There is some activity
in the Eighth and Thirteenth wards reports of
which seldom reach the public There is con-
siderable cheap property in these wards. which
rapid transit would make available. There is
some talk of the Pittsburg Allegheny and
Manchester road running line along Troy
Hill. in the Thirteenth ward. The project is
being pushed by John P. Ober, the brewer, who
thinks it will materialize before long.
The hill district is being improved very fast.
Among the handsome residences just COM
pleted or under way may be mentioned those of
e. F. Schroeder, F. Anschutz, anG James Hun
ter, President of Common Council. Besides
these and others of the same high class. a large
number of small dwellings have been erected
within the last few months. Perrysville avenue
is the main artery of this territory. Electric
cars are running on it as far out as Born's
e-Mile-House. There is good deal of va
cant property along this road but it is being
bought up quite rapidly. One of the largest
tracts, about 100 acres, is owned by Mr. Wat
son. who. according to report. is about to sell to
syndicate for subdivision.
Business News and Gossip.
The Exposition is paying institution. A
business man said yesterday that it had al
ready brought more money to the city than it
had cost
1t is among the probabilities that when the
Splane corner changes hands it will be orna-
mented by one of the finest bank buildings in
the country.
A colored barber IN search of a small house
yesterday said he found several, but the land
lords objected to him as a tenant on account of
his complexion.
The sale of the Butler Chemical Works stock,
announced on Change for yesterday. was post
poned to October 2, when it will be offered at
public vendue.
Black Baird-The inquiry for good houses
is unprecedented, and far in excess of present
and probable supply. The demand is In great
part from outsiders, who desire to locate in
Pittsburg and share in its great prosperity
Of 40 mortgages on file for record yesterday
rs were for purchase money. The largest was
for S6.00G
Earnings of the Pittsburg and Western Rail-
road for the third week of the present month
year of Sl0.195
The first bank failure in the Indian Territory |
occurred on Wednesday. when the Capitol City |
Bank suspended payment. The suspension is
only temporary. it is declared, and the bank is |
expected to pay all claims in full.
New York bulls express confidence that |
stocks will sell up in a few days. and point to |
the large railroad earnings for proof Locally.
railroad stocks are among the strongest on the !
list.
New Buildings.
Permits for new buildings were taken out |
by Fred Vollmer for a frame two |
story dwelling 16x3o feet, on Breckenridge ave- |
nue., Thirteenth ward. Cost $500.
c. F. Goettman. frame two-story dwelling, !
24x32 feet. on Selwyn avenue, Twenty-second |
ward. Cost $l.500.
- Ruck, frame two-story dwelling, 32xl5 |
feet, on Winthrop street, Fourteenth ward
Cost Sl.700.
Mrs. Sarah Watson brick twostory dwelling.
l7xS4 feet. on Hatfield street, Seventeenth
ward. Cost $1,000.
Christian Neu, frame addition one-story |
dwelling, l6x26 feet in rear Sarah street,
rwenty-ifth ward. Cost, $3.50.
Margaret E. Miller, frame two-story dwell
ng, l7xS2 feet, on Liberty street, Sixteenth
ward. Cost, S2O0O
Charles Mcconnell, frame two-story dwelling,
l7x32 feet on Liberty street. Twentieth ward.
Cost, 81 900.
Julius Aillinbrunt, frame addition two-story
lwelling, 2lxl6 feet on Lowell street, Twenty
1rst ward Cost, $500.
Bridget Welsh, frame one-story dwelling. I6x
g feet, on Boston street, Fourteenth ward.
Jost, $50.