Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-12-18
OWNERS ARE STRONG.
They Have Such Faith in the Fu-
ture They Refuse Concessions.
LAND NOT READY FOR SACRIFICE
Fears of Gverbuilding the City as Far
From Realization as Ever.
SPECIMEN PRICES IN WEST VIRGINIA

The property on Perrysville avenue, near
the terminus of the Pleasant Valley line,
purchased originally by Mrs. j. NJ. Gusky
as site for the Hebrew Orphanage, but
which was not so used, the location Of the
institution being subsequently changed, has
been subdivided and put on the market. 1t
consists of about five acres. There is talk
of erecting large block Of dwellings on
part of it.
Owners Are Confident.
Several important transactions in down
town property are approaching consumma-
tion, but may be delayed until after the
HOLIDAYS There would be far more active
movement if owners would grant slight
concessions, but they are too confident of
the continued growth and prosperity of the
city to be willing to make sacrifices in this
direction. One of the deals referred to in
wolves prominent corner in the new post
office district If it change hands it will be
at material advance on what it could have
been purchased for year ago.
Railroad Extension.
The Buffalo, Rochester and Pittsburg
Railroad Company has contracted for an ex-
teHSlou VI lHe llue lTUul I1OWaIu
to Mount Jewett, 20 miles. Work is to
begin at once and is to be finished on or be-
fore September next year.
The Building Outlook.
In looking ahead the large number of
building schemes for next year should not
be lost sight of. Three years ago it was
built. but facts show that this was false
nrophpov nuo11ipps Hafa apd Sforas sell
and rent as quickly to-day as ever. The de-
mand for small houses is stronger than at
any previous time as any broker will ad-
NIT. There is no special pressure for high
class residences. but frequent transactions
show that they are good stock. Faith in
the continued expansion of the city is so
strong and universal that eligible realty in
the city or suburbs can be counted on with
full assurance as safe investment.
Low Prices for Land.
West Virginia is young but pushing. A
great drawback down there has been the
immense size of the farms These are being
cut up, making room for outsiders and
rendering better cultivation possible A
gentleman just returned from the Shenan-
doah Valley says. there is great deal of
land for sale in that part of the
State at from Sc to $40 an acre. Cleared
land is held at $40 to $50 A body of II, 900
acres of timber land is offered at $40.
Selected black walnut trees are valued at
$40 each, and whiteoak at 81 Is.
Help For the Boys.
Trade schools are finding many friends |
and supporters in Pittsburg. One of these |
yesterday: 'I believe in this A
trade school gives young man in few
months instruction, which he could not ac-
quire in years in haphazard way in a |
shop. It learns him the why's and where |
mechanic and not botch. On leaving the |
school, after thorough course, he possesses
the incalculable advantage of practical |
which will serve him well in all |
the affairs of life. Pittsburg needs skilled |
and the best way to secure them is |
to organize trade schools
Business News and Gossip.
The United Presbyterian Church property, |
On Liberty street. is not in the market. 1t |
was purchased q short time ago by Samuel |
Ewart.
Vanderbilt interests have purchased 10, 600 |
acres of coal lands in Cambria county.
The large buying of holiday goods shows |
that the people have money to spare.
Callie j. Aiken has sold to David C. Aiken
l residence property on Castleman street,
twentieth ward, for S. 600
Andrew Caster yesterday sold Airbrake at |
OH and Birmingham bonds at the market
At the afternoon board yesterday S6 was
Did for Electric scrip. A $4,000 lot was Of
ered at 60
Two permits were issued Yesterday for
;hree buildings aggregating $500.
month of November, s621.s6l: increase
week December, s23, ,9s7; increase, sa.5 555,
The broadening disposition of the local
crtY Ytr foot |
'igns are good for brisk season after the
holidays.
Recent dealings in Homestead borough
water bonds were at par to a small premium,
3rushton school bonds brought slight
Both bear per cent interest.
The directors of the Baltimore and Ohio |
ave declared semi-annual dividend of
Yer cent on the first and second series of the
stock.
Two hundred acres of coal land near
changed hands yesterday, but the
rice could not De ascertained.
Movements in Realty.
j. E. Glass sold for I. H. Aaron the proper
y No. 6222 Station street, lot 3Ox12O feet, with
small frame house, for 81 100.
A. J. Pentecost sold for George N, Monroe.
xecutor of the estate of Margaret Mullet,
eceased, at Orphans Court sale, lots 2s and
3, Beaty's plan, Nineteenth ward, with
even two-story frame dwellings: also lots
5, 81 and 6s, Dickson and Burchfield plan,
homestead, with frame dwelling: alsolots
8, 81 and 6s, with nine two-story frame |
wellfngs, for $685. The purchaser was
lajor E. w. Mullet
A. Leggate & Son sold two lots on Windsor
treet. Allegheny City, for 81 632 cash.
Black & Baird sold to Mrs. Emma " Lewis
Dts Nos. and in the Robert Arthur heirs
Ian, fronting 65 feet on Frazier street, near
Elaine street, Oakland, by a depth Of 100 I
eet, for So 250.
G. B. Hart sold for Rev. Mr.. Dillon, a lot in |
oraopolis to L. j. Stokes for 5000.
Peter Shields sold a lot in the Greenfield