Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-03-12
BUILDERS AT WORK.
Foundations Laid for Twenty DWELL
ings in the Fourteenth Ward.
TWENTY-FIVE OTHERS TO FOLLOW.
The Tbaw Estate Will Not Erect an Cfice
Building This Year.
TWO GOOD DEALS CONE TO THE SURFACE

TWO GOOD DEALS COME TO THE SURFACE
The remaining portion of the Chambers
Glass Works property in the Twenty-ninth
ward has been sold to A. NJ. Byers & Co.
for S55, 900. The other portion was pur-
Chased some time ago BY Dilworth, Porter
s. Co. for their spike works.
George H. Bennett has purchased the
property on the corner of Fifth avenue and
Vine street, lot 4ex9O, with good business
house. for $40, 600.
Beginning to Build.
Stonemssons made a start yesterday on
the foundations for 20 frame dwellings for
Mr. George Schmidt. on Lookout avenue.
Eureka Place, Fourteenth ward. Mr.. Har-
per. of Joseph Horne & Co., is taking bids
for IL houses in the same place. An ALLIE
gheny firm will soon begin the erection of
Is houses in the same locality. w. H. Borman
will also build there this season,
Busy Locality.
There is real estate revival on the Reserve
township side of East street; Allegheny, in the
vicinity of the Tenth ward school house.
George Johnston & Co. have sold l6 lots there
IN the last few days, all of which will be i'm
proved the coming summer. w. A. Clark will
begin the erection of five dwellings as soon as
the weather will permit. Peter Robinson and
Thomas Allen will put up from three to five
each. The East Street Electric Railway will,
after the settlement of some legal points now
pending in court, be extended SO as to connect
with the Federal street line, running out Per
rysville avenue. This Will give needed transit
facilities and attract home-seekers of moderate
means.
Changed Their Minds.
It was stated some time ago that the Thaw
estate proposed to erect an eight-story office
building on the northeast corner of Wood
street and Third avenue this season. 1t was
learned yesterday from one of the gentlemen
interested that this improvement will not be
made this year, on the ground that there is no
present demand for another building of this
kind. The old structure which it was proposed
10 demolish will, therefore, be allowed to stand
for another year at least
A Hint to Investors.
Too much cannot be said in favor of rapid
transit as a factor in the development of the
outskirts. 1t has rendered tn ousands of acres
accessible to the industrial classes which few
wears ago were practically worthless because of
their isolation from the business certers. As
the system is developed the movement of popu-
lation toward the suburbs will increase, until
in a few years they will be thickly built up.
There il no reasonable doubt that this will be
the outcome With such a prospect few. if
any. will deny that real estate in any of the
surrounding districts is a good purchase at
present prices. This matter is worth looking
into by investors.
Business News and Gossip.
Williamsburg Council has ordered board
walk 10 be laid on the Franklin street front of
The Catholic Church property.
The Mckeesport market house pays y per
cent. There is no doubt that one in East Lib
ertv would do as well.
Eleven of IS mortgages on file for record yes
terdsy were Tor purchase money. The largest
was for s6,OOO
Local grain spectators on the bull side have
been in clover ever since the bulge set in, and
some of them are considerably ahead of the
turn
The German National Bank expects to get
into its new building al Sixth and Wood streets
early in June.
With the exception of Electric, which was
weaker, price changes in local stocks yesterday
were few and unimportanL
Boston, having drained Pittsburg of Electric,
is doing about all the business in that stock.
Judging from the offers yesterday, good
O
realize on their own terms.
The business portion of Pittsburg was ar
rsyed in two factions yesterday-We testing
house and Rowaud These can do the talking
but the stockholders will have to fight it out.
Sproul & Lawrence sold Citizens and bought
Central traction
The Building Record
The following permits for the erection of
new buildings were taken out yesterday:
Mrs. Luster, frame one-story dwelling. l4x26
feet on hincaid street. Ninth ward. Cost, $780,
Percilar jackson. frame two-story dwelling
lsxS2 feet on Carver street TwentY-first ward.
Cost, 81. 900.
Chas Moss, frame one-story washhouse sxlO
feet on rear Webster avenue. Thirteenth
ward. Cost, $50
S. Zalkind, altering and repairing brick
three-story store and dwelling 24x59 feet on
Wylie avenue, Eighth ward. Cost. 1000.
S. Zalkind, brick rhree-story dwelling 24x47
feet. on Wilson street, Eighth ward. Cost,
$500.
Movements in Realty.
W. A. Heron & Sons sold house and lot on
Walnut street. near Roup station, Twentieth
ward, lot 3OxlOO feet, with a complete brick
house of eight rooms and all modern convent
ences. for So 800 cash.
E. I. Schaffner sold for William Smith to
John NOgel three-roomed house on Climax
street. Thirty-frst ward, with lot 25xl25, for
s.. 800: also sold for William Jones his residence
on Murray avenue, Beltzhoover borough, with
two lots each 25xI0O to John Lang for 81 800
cash.
). A. Dickie & Co. sold for T. P. Marshall to
W l. Davis an improved property on Reynolds
street, Twenty-second ward. a two-story frame
house with lot 24x9S feet, for 81 Us.
Reed B. Coyle Co. sold four more lots in
their Marion place addition, fronting 100 feet on
sO
street. for S. 900 cash.
Baltensperger & Williams sold for John Gas
kins property on Charles street, Allegheny
consisting OF large irregular shaped lot with
a tive-roOmed frame house. for s., 500
William Petty & Co. sold for Mrs Ellen V
Curkle the property No. T Magee street, con-
sistng OF lot and brick dwelling of six
rooms, for 81 050
Black & Baird sold to G. C. Cushwa for J. C.
Schaefer twO-story and mansard frame dwell
ing on wood street, near Semple street. with
loi 226zl00 feet, for S. 800
MONEY MARKET