Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-10-19

phO aECuSy VA ]ASSSAS'
Baird. 1t consists of a handsome prlck
dwelling and nine acres OF ground. taste uily
laid out, and is situated near Shields station.
General A. L. Pearson was the purchaser.
The owner was W. j. Meek, OF chicago.
The consideration was 81, 900.
General Pearson will remove his lares
and penates to it and make it his home.
May Elevate Values.
Juding from the talk of the street it is
quite likely that the Kuhn property, to be
brought under the hammer on the 25th lnst.,
will go at price that will raise the standard
of value on that part of Diamond street. The
last sale in the locality about year ago, was
at the rate of 81, 800 front foot.
The Kuhn property is in two packagesIooth
original. The drift of opinion is that the lot
on the north side of the street, with an old
building will bring at least ST. 500 foot, and the
other on the south side of the street. as much
or more, with the additional value of the I'M
provement added.
Give the City a Chance.
When such a man as Chauncey NJ. Depew
predicts a great future for Pittsburg. even goipg
so far as to say that 1t will equal Philadelphia
in population in a short time, citizens should
60 to worK to make his words good. This Is a
matter of special concern to capitalists. If
they will provide the houses the population
will be forthcoming.
A number of building schemes are being
talked up. some of which will no doubt be con-
summated. The most recent of these is being
developed by the commercial travellers OF Pitts
burg, who have formed an organization to buy
land and build small houses in the East End.
Mr.. J. c. Hill is President. He was negotiating
with Messrs. Anderson d Beeckman yesterday
for large tract in the Fourthteenth ward.
y y
A Thriving Suburb.
Several things have conspired recently to
bring Homestead into prominence. Perhaps
the most important of these is the projected
railroad to Pittsburg, which will materially
shorten the distance between the two points,
facilitating communication and opening to set
tlement large scope of country. Homestead
expects to profit largely by this enterprise.
Indeed, it has already had the effect of promot-
ing activity in real estate. several important
deals having been effected within the past few
weeks. Building is also looking up.
The situation is admirable for manufactur-
ing and commercial purposes. commanding
both railroad and river advantages, and having
an abundant supply of natural gas and COAL A
leading citizen said yesterday: I'VE are pros
pering as never before. Everybody is busy and
making money"
No Place for Croakers.
While the speculative markets are depressed
by various causes, chief of which is the diver
sion of money to legitimate interests the
volume of general trade shows no abatement
of commercial prosperity. In the local trade
situation there is no exception to the rule of
profitable activity. In every line there is un-
usual industry, fairly satisfactory margin of
profit, an active market for products, and
healthy state of collections IT would be diff
for ia m 0qt haar riSh xar tnf fnd tha
general situation anything indicating an i'm
mediate reversal of the present favorable con-
ditlons.
This wave of prosperity will rise and fall as
other waves have done. The halt and the
downward turn may be hastened retarded
by future contingencies, but none are near
enough to warrant any fears of a material
check to the forward impulse.
New Buildings.
During the past week "a permits were issued,
representing A buildings-S2 frame and Ia
brick, the total cost of all being s76,33l The
Twentieth ward led with eight, followed by the
Nineteenth with six.
The number of permits taken out the pre-
vious week was IS, representing 45 buildings,
the estimated cost of which was S4S,355. The
total number Of permits issued this year to
date IS AZ, representing 2 ,498 buildings Yes
terday's list follows:
AlDtTb blneTlCk, lEdID6 bWO-SCOrY dwelling,
2Ox30 feet. on Mckee street, Fourteenth ward.
Cost, 81, 600.
Florence 9. Parr, brick two.story and attic
dwelling. l5xl4 feet, on corner of Clark and
Bank alleys, Eighth ward. Cost, 81, 125.
John Urban, brick two-story and attic dwell
ing, 3lx56 feet. corner Beatty and Mignonette
streets. Twentieth ward. Cost, S6000
John Smith, frame one-story shop 20xl4 feet,
on Sheridan avenue, Nineteenth ward. Cost,
$500.
N. B. Lewis, frame two-story dwelling, 2Ox32
feet. on Woodville avenue, Thirty-ffth ward.
Cost, $1,000
John Pedder. two frame two-story dwellings,
26x32 feet, on Kearn's road, 1hirty-ftth ward. |
Business News and Gossip.
The little German carpenter on Atwood |
street, referred to a week or two ago, has evil |
IDENTIFY determined to resist the freezing out |
process to the bitter end. He is putting another
story on his house.
A gentleman said yesterday: ~ am inclined |
TO think the scamp who is robblng Pittsburg |
letter boxes is one of the gang who played the |
same game in Chicago year or two ago. The
methods are Strikingly similar"
1t is not generally known that one of the
largest cork factories in the world is located in
Sales of the products of this con-
Germ amount to about 81 10000 year. Most of
The raw material comes from Spain.
10 medium-sized dwellings in Johnstown for
the Cambria Iron and Steel Company.
The mortgage list was small yesterday-only
u, of which six were for purchase money. The
argest was Tor ", 600. All but six were for less
han s, 900.
The annual election for officers of the Bank
,rs and Bank Clerks Mutual Benefit Associa.
,ion will be held tomorrow evening There
ire two tickets in the field, and lively time is
expected
Railroad earnings: PIttsburg and Western,
second week October, net increase S6 900. Two
weeks October, net increase Sl3.S69 Northern
!, ,aeinc, second week October, net increase
'l46,64 From January to date, net increase
!, ,5l4. .29S Hooking Valley, month September
ret increase S70,s1L Nine months, net increase
The Pittsburg Plate Glass Company has de-
dared dividend of per cent, payable October
At the rate business on Wylie avenue is
,icking up it will soon be one OF the most
stling thoroughfares in the city
Lower Penn avenue is at a standsrilI and little
movement Is expected until it Is known what
disposition will be made Of the Schenley
A prominent corner on smithfield street is
N the string at nearly 81 900 foot front.
Movements in Real Estate,
L. o. Frazier sold for John A. Hoffman the
property, Nos 5l04 and 5106 Butler street,
Eighteenth ward. lot 4nx1lO feet to Dresden
LEY, having thereon double two-story frame
yelling, to Daniel Hagerty. for 5000 cash.
Charles Somers d Co. sold for M. E. Brenne-
nan to N. Cooley. q residence property in the
'irst ward, being No. 81 Second avenue. a two
tory krick of ten rooms, bath, etc. with lot q
y an et " feet to an alley, for 5000.
Black Baird sold for Matthew Mawhinney,
wo new brick residences on Mawhinney street, |
'ellefeld, with lot so feet front and running
hrough to Bellefeld avenue. for $4,000
Reed B. Coyle & Co. sold to w. S. Turner, a |
)t on GraZier street. TWeuty-first ward size |