Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-07-04
THE DAY OF ALL
Patriotism Breaks Out and causes
Business to Take a Back Seat.
ECHOES OF TIE GLORIOUS FOURTH.
Activity in Speculation on the Eve OF q
Holiday Extending to Monday
THE NEWS AND GOSSIP OF THE CITY

Yesterday was q comparatively quiet DAY
on the local Wall street; yet there was
enouph going on to show that patriotism
had not quite got the upper hand OF busi-
ness. Business men are as patriotic as other
people. and to-day they will give up almost
entirely to the festivities and reJolclngs In
cident to the ever glorious Fourth OF July.
A shadow fell upon the street when II De-
came known that N. Grattan Won Bonn
horst. Secretary and Treasurer OF the Peo-
nIe's Bank for Savings, had, unaccountaoly
to his friends, crossed the boundary OF an
otber world. He was loved and respected
by all who knew him. =,
1t will be good news to many to learn that
oars are running on the loop of the Pitts
hurg Traction road at Oakland. On the trial
trip the distance around, about two miles, was
made in sk minutes. Regular trips will be
made to-day.
Business News and Gossip.
The last deal for the Twenty-second Ward
Syndicate was closed yesterday morning.
Work on California avenue is progressing
-,nidly Citizens along the route are happy
over the prospect of rapid transit.
A number of business men of Williamsburg
orc talking of forming syndicate Tor the
orection of hotel in that progressive borough.
They think it would pay.
business man suggested yesterday that 1t
vould be a good thing for Baltimore to snip
her 600 or more empty houses to Pittsourg'
,.h.-a tbev ara needed and would be quickly
occupied. 49,, o;.,,
Yesterday, said great deal was going on up
there in real estate. and prices are as nlgn as
thew are in the East End Buliolng Is on a
larger scale. Many fine residence anu pusi'
ness houses are going up.
It looks as if the Point district VIII Dc tne
tbeater of the next whirl in real estate' Ats
manifest advantages for business are eHoHs
Inducements to capitalists to give it a lift
Railroad earnings: Wheeling and Lake Erie,
tourth week of June, increase, So,O4S; Tor
month of June, increase, S34, 1874. Toledo, Kan
eas C,;ty and st. Louis, fourth week OF June,
increase. $40 795; month of June, increase, S7S'-
40 ST. Paul. fourth week Of June, decrease,
s9O e65: month of June. decrease, S57,1O4. 10
iedo. Ann Arbor and North Michigan, fourth
week of June, increase, SS,l37; for month IN
crease, So Az
Fourth avenue will be practically deserted
today. Exchange and banks will be closed.
and the clatter of tongues and Jingllng OF
money will case for a time. Oil and Stocks
will rest until Monday morning.
Citizens of Neville Island are talking OF q
public meeting to protest against the steam
railroad scheme Every other form OF op'
position failing, they will tight II In 'ne
courts.
Investments in real estate are keeping tne
surplus cash of Pittsburg within reasonable
limits. All classes of citizens are interested IN
lands and houses.
But few figures were made on bank stocks
Yesterday. Like persimmons, it takes long
pole to knock them.
1t was reported yesterday that the Pleasant
Valley Railway will declare a per cent div
idend on Monday next.
Henry A. Weaver & Co. placed q mortgage
of 5000. five years. at ~ per cent, on Flttt
avenue property; also $4,000, five years, at
per cent, OH Water street property; also sl2,CoO
three years, at ~ per cent, on Federal street
Allegheny City. property; also sl5,Ooo, tnre'
wears. ~ per cent on Liberty street property
also 10000 on Oakland property, three years
at 3-l0 per cent.
A local broker says that all signs point to
renewal of activity in National Lead Trus
certificates, 1t is said to be supported by tn
Standard Oil COMPANY.