Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-11-21
LOOKING THIS WAY.
Prominent Railway officials Think
of Locating in Pittsburg.
HOUSE FAMINE In A NEW LIGHT.
Local Stock Trading Falls of, but No
Radical Changes in Values.
THE NEWS AND GOSSIP OF THE CITY

The Importance of Pittsburg as business
center, together with its rapid advancement
in population and wealth, has made such an
impression upon the mind of the President
of the New York and New England Rail-
road that he has written to Mr.. W. E. Ham
nett, real estate dealer in Williamsburg,
for a large. handsome rustic place in the
East End, with a view to making it his per-
manent home.
He has not explained his object in desir-
ing to locate in Pittsburg, but it is inferred
that he is contemplating railroad extension
or combine of some sort, of which this part
of the country will be the center. The same
gentleman has also received q letter from the
superintendent OF a railroad in Ohio, whose
headquarters are in Cleveland, saying that he
will remove to Pittsburg if he can buy or
rent suitable house for him to live in.
There is good deal here for reflection.
There is no doubt that the greatest obstacle to
the more rapid growth of the city is the
scarcity of houses. If all the people who want
to come to Pittsburg and enjoy its business ad;
vantages could be accommodated, there would
be an immediate accession of several thousand
valuable citizens. The gentlemen referred TO
secure what they have written for, as Few
hundred dollars more or less, IS OF little ac-
count in their eyes. but the bulk OF those VINO
regard Pittsburg as the Mecca OF their hopes
and DESIRES have more brains and muscle than
ready cash. and need and deserve encourage
ment, without which they will be unable to es-
tablish themselves in this community. Being
unable to build at once, capitalists should
build for them.
This is not charity but business. in the
best sense of the word. These people would
ho aarfa sifin IN q
force of the city, and the money invested in
houses Tor them to live in would yield better
return than if employed In almost any other
enterprise.
A Wide Difference.
In studying reports of failures 1t should not
be overlooked that the invariable cause as
signed is speculation. The downfall of Barker
Bros. & Co., at Philadelphia yesterday, was
distinctly due to this cause. Legitimate busi-
ness is holding its own throughout the country.
and in Pittsburg on as solid footing as at
any time this year.
There is q wide distinction between specula-
tion and business, between real and fictitious
valnes, and knowledge of this divergence will
not only enable the reader to acquire better
understanding of the situation, but will save
him many doubts and fears. Business in Pitts
burg is all right
Business News and Gossip.
Sites have been purchased on Webster ave-
nue., Thirteenth ward for about 20 frame dwell
ings which will be SOLD at from $1,000 to 5000
each.
Strauss Brothers, wholesale clothiers, Gin
cinnati, are anxious to locate In Pittsburg.
They have a representative now in the city
looking for a suitable building.
Twelve or 10 dwellings are going mp in Ems
worth and immediate vicinity.
Junilla street. Thirteenth ward, is being
xr-i&h frah hr,a
The finishing touches are being given to four
handsome dwellings on Locust street, Edge
wood.
Pittsburg is coming to the front as center
for the manufacture of paving brick. Exports
are already large, going as far East as Philadel-
phia and West to Columbus. o. Two or three
large plants will be erected next spring.
A prominent business man said yesterday:
"A canal from Lake Erie to the Ohio or Allie
gheny river, terminating at Pittsburg. would
double the business of this city III very few
years. 1t would cheaper the price of iron ore
and theT Tefore of the finished product, and give
us still greater lead in that industry. and it
would solve the coal question for all time by
enabling producers to open up new markets in
rail-"
day was for Sll 500. Twelve of 4S were for pur-
chase money.
The Board of Directors of the Petroleum Ex-
change has concluded not to again offer the
entertain private proposals and give them
prompt consideration.
The Red Cloud Mining Company paid yester-
day its regular monthly dividend of cents per
share, aggregating $4,000. The stock is largely
held here.
The Building Record.
The bright weather of yesterday had good
effect upon the builders. Eleven permits were
taken out. against two the previous day. The
list follows:
Robert Kerns. frame two-story dwelling, Tx
80 feet, on Gaskell street, Thirty-second ward.
Cost, s., 200
Oliver & Roberts Wire Mill Company, re-
model and addition one-story frame factory, 42
xlO0 feet, on Eighth street, Twenty ninth ward.
Cost. s., 600.
Oliver & Roberts Wire Mill Company, iron
one-story addition to boiler shop. S0x30 feet, on
Ninth street. Twenty-ninth ward. Cost, $500.
Oliver & Roberts Mill Company, frame addi-
tion one-story factory, 40x7O feet, on Fourth
street, Thirtieth ward. Cost. $1,000.
Mr.. Kneeland, frame one-story kitchen, 10xl2
feet on Clark street, Eighth ward. Cost Sl5O
Reed B. Coyle, frame two-story and attic
dwelling, 17x32 feet. on Sylvan avenue. Twenty
third ward Cost. 81, 100.
Joseph Bastow, brick addition mansard-story
dwelling, 24x3O feet. on Forty-fourth street,
Seventeenth ward. Cost. $780,
L. E. Raid. brick one-story paint shop, 10xl6
feet on rear Penn avenue, Ninth ward. Cost,
Mrs. Mary Morrow, frame two-story and
attic dwelling 20x44 feet, on Collins avenue,
Nineteenth ward. Cost, 81, 300.
Pennsylvania Railroad Company, frame one
story station, l4x22 feet, on Penns, lvania Rail-
road line Twentieth ward. Cost, $3.50.
Samuel Harris, frame one-story stable, l3x2l
feet rear of IS Clark street, Eighth ward.
Cost, So
Movements in Real Estate.
Samuel w. Black & Co. sold the lot corner of
Craft avenue and Mckee place, Fourteenth
ward, 5Oxl0O, for price approximating $500.
Magaw Goff. Linn, sold four-roomed house
on lot No. 81 Oak Station plan, Pittsburg and
Castle Shannon Railroad to Sarah E. Hourly
for 81, go. monthly payments.
NJ +. Nipple & Co. sold to ]. A. Graver two
lots. each 5exl35 feet, on the west side of Re-
becca street. Twentieth ward, for s7,51l They
will be improved at once.
Black Baird sold to d. A. Wilbert for J..
H. Wilcox, lot No. in the Wilcox plan at
Hazelwood, having frontage of 454 feet on
Second avenue by sl feet In depth, for 81. sou.
w. A. Heron & Sons sold lot 2Oxl05 feet,
in the Duncan plan, Eighteenth ward, on Key