Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-09-27


Best FinnncIers Mt Sen.
In this busy country it is nobody's special
province to look after business at large. Each
individual, firm and corporation looks after its
own concerns, and in the general effort and
struggle every thing comes out right We
have State Legislatures to pass State laws. and
National Legislature to look after national in
terests; we have associations and organizations
of one kind or another. protecting this, that
and the other interest; but, as a people with
similar business interests, we have no organiza-
tion, no combination. no concert of action.
Yet our success and prosperity are intimately
connected with certain fundamental condi-
tions. 1t seems to be no ones business to de-
termine what the volume of circulating me-
dium of this country shall be; further than
that, 1t seems to be no ones business to de-
termine whether or not we shall have any
specific financial policy. The debates upon the
silver question in Congress demonstrated that
our best men are all at sea; that opinions are
as diverse as individualities; that theories are
entertained where experience and practice
alone should dictate.
It is necessary that certain broad principles
should be enunclated and established. 1t Is as
necessary to successful business management
that the country be provided with a sufficient
supply of good money, as it is necessary that
there shall be sufficient rainfall. The weak
spot in our financial and industrial system Is,
that the working bees of the nation do not un-
derstand this truth. The sources Of money
supply seem SO remote from them and so mys-
terious that they leave the whole question to
others. The result is multitude of opposing
ideas and no settled policy Fixity is the one
thing needed in our financial system. This
would render panics practically impossible.
Business News and Gossip.
The death of Henry A. Weaver yesterday
afternoon was the occasion for many express
ions of regret on Fourth avenue. Tennyson's
Characterization of Lord Wellington applies
with equal force to Mr.. Weaver: He stood four
square to every wind that blew"
1t is to be hoped that the block of 40 houses
soon to be begun on heron Hill is the first of
many others as large or larger There is not a
city in the United States that needs houses as
badly as Pittsburg.
A member of the San Carlos Silver Mining
Company said yesterday that work was progress
ing favorably. Surveys are being made for
railroad through the property. Half of the
stock of this company is held in Pittsburg.
Local stocks are being quietly absorbed by
far-seeing investors in anticipation of large
profits. Street railways, natural gassers and
electric are the favorites.
Thirty.ive mortgages were received by the
Recorder yesterday, of which six were for pur-
chase money. The largest was for $4,000. The
number recorded this year to date approximates
S,OOl
Many persons hear testimony to the fact that
there are fewer empty houses in Pittsburg
than at any previous time in her history. Home
capital could not be better employed than in add
81, foo hat hRrp
are sold long before completion shows they are
active stock.
Mr.. c. B. Coleman, of Blairsvllle, stopped
over in Pittsburg yesterday on his way home
from Seattle. He reports that place fairly
booming. He was so impressed with the posi-
biities of real estate there that he invested in
several corner lots.
The Treasury shipments of currency and
gold to New Orleans from September l to No
vember 80, 1889. aggregated s9.OOOOOG From
August 80 to date of the present year the ship
ments have been sl.075OOO. The inability of
the Treasury to supply small notes has had
tendency to retard shipments both South and
West.
New Buildings.
Permits were taken out yesterday by George
Schindehette for frame two-story dwelling,
lSx32 feet, on Fingal street, Thirty fifth ward.
Cost, 81, ,10O.
]. B. zeaIl. frame two-story dwelling 1sx32
feet on Dilworth street, Thirty-second ward.
Cost, 500.
John Gilchrist brick two-story and attic
dwelling. 34x58 feet on Negley avenue, Twen-
tieth ward. Cost 5000.
John Hindley, frame one-story kitchen, l2xl2
feet, on Harcum'sialley, Twenty-fourth ward.
Cost, $50.
Ix u.n.. f-,ra %zro e+nrv s+,hI. 1o-Ie
feet on Pearl street, Sixteenth ward. Cost. $50.
Jacob Husser, frame one-story kitchen, Sxl3
feet on Kaib's alley, Twenty.seventh ward.
Cost, SIS.
Mrs. Elizabeth Kun, frame one-story kitchen,
l4xl5 feet, on rear Carson street, Thirtieth
ward. Cost $3.50.
Michael Finn, frame addition twostory
dwelling, l2xl4 feet on Oneida street, Thirty
fifth ward. Cost $500.
Thomas HanIon, brick three-story store and
dwelling, 24x4o feet, on Carson street, Twenty
ninth ward. Cost $4,000.
- Eckstein, frame two-story stable, l2x20
feet, on O'Hara street, Twentieth ward. Cost
500
Isaac Smith, frame two-story dwelling, l6xl6
feet, on Fillmore street, Fourteenth ward Cost
s4OO
Andreas kapinas. frame two-story dwelling
22xIS feet, rear Brereton avenue, Thirteenth
ward. Cost SS45.
John Dordowski, frame one-story dwelling, %
x42 feet on Brereton avenue, Thirteenth ward.
Cost sglU
]. A. Criswell frame two-story dwelling, 20x
80 feet, on Virginia avenue, Thirty ward
Cost 81. 900.
James T. Steen, brick and frame two-story
and attic dwelling. S66 by 40 feet, on Dithridge
street, Fourth ward. Cost s6 500
Movements in Real Estate.
Eleven acres in the Twenty-first ward, near
Lincoln avenue bridge, changed hands yester-
day for Sl1, ,OO0-Sl.0OO an acre. Three acres,
near the big crook on Negley avenue, pur-
chased year or so ago by Mr.. McAllister for
s.. 5O6 found purchaser at an advance of over
SO per cent
Baxter, Thompson & Co. have opened up .
plan Of cheap lots in the Eighteenth ward,
known as Butler place. This will assist in
keeping up the supply Of this kind of property.
Martin Beehner is building fine residence |
for himself on Greenfield, near Hazelwood |
avenne. Two handsome dwellings are going up |
In North Homestead. near the river They are |
owned by w. r. Maglll and J. F. Hosack.
Straule q Morris sold two lots In the Mat |
Weiss plan, at Grafton. to b. G. Lefferts, for |
Il 0C0 cash; also two other lots in the same plan
to Charles Irwin for 5000
7. n TrnEiar aoId n neu frana duatlfnO ~ Il