Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-04-26
A Deal Near Schenley Park Showing
the Trend of Values.
OPENING UP OF SUBDIVISIONS.
Improvements in Contemplation by the
Pennsylvania Railroad.
THE FEATURES OF LOCAL SPECULATION


the means of any but millionaires.
Something in the Wind.
The Pennsylvania Railroad has under con-
sideration an improvement that will be of great
importance to Williamsburg Penn avenue is
the connecting link between the borough and
the city-the Appian Way over which the
stream of travel flows in both directions. This
important thoroughfare at the point of inter-
section with the railroad has been for years
sort of dumping ground for the neighborhood,
giving it a decidedly shabby appearance. The
only remaining Landmark Of the borough is
situated here. 1t is a log house, dating back so
or 20 years. It was formerly tavern, and in
the halcyon days of the pike was the stop
ping-place of many prominent people. There
are several outbuildings which are in dilapi-
dated con dtion. AS this is not a country Of
ruins, there is no reason why these ancient
structures should be permitted longer to cum
Der the ground. They are in the way OF i'm
provement.
The land as we'll as the buildings belong to
the Pennsylvania Railroad, and as the company
has no use for the latter they will be torn
down. AS to what will take their place is as
yet matter of conjecture. Some think the
station will ultimately be removed to this site.
This would almost ruin Wood street as a busi-
ness thoroughfare by diverting trade 10 Penn
avenue and Franklin street. The change
would not receive popular approval, and it is
hoped it will not be made. Others say large
freight house will be erected on the site of the
old building, and tor proof point to the fact
that a release of the ground on which the
Armour iceIng station stanus has been refused,
it being needed for additional tracks. Which
would not be necessary if it were not the inten-
tion to build freight house. That valuable
improvements of some kind are on the taps is
certain, and they will be of great benefit to the
borough, and especially to the locality in ques-
tion, no matter what form they may take
They will enhance the value of property and
encourage owners TO beautify their places.
A Spring Opening.
The late opening of spring. as everybody
knows. has kept business in arrears, but good
weather and improving roads have had the
effect of maglcian's wand in infusing life and
energy into the people Things are Frightening
up all round. Evidence of this is seen in the
fact that number of subdivisions of land are
being opened up to catch the nrst impulse OF
the forward movement Wood, Harmon q Co.
will put their plan of lots at Sheridan station
on the market tomorrow. 1t contains about OF
acres and 704 lots. 1t is being graded, and side
walks have been laid. Prospects for building
are good. The person who puts up the first
house will receive s30U as a reward. Its con-
venieuce to the city and excellent transit f9cil-
tiles will no doubt be strong attractions to
home-seekers.
Blu siness News and Gossip.
Charles Lockhars has sold to ]. W. Kirker
vacant lot SOx2OO, ON Highland avenue. Nine
teenth ward, for SlL000. The purchaser will
build.
The Panhandle Railroad will soon break
ground at Nimick for buildings for shops and
freight.
The work of grading streets and avenues in
the new town of Kensington will begin this
week.
Extensive improvements are in progress at
the East Liberty stock yards. 1t is about time
the periodical story Of their removal was
started its rounds.
Baxter, Thompson Co.-Real estate is in
good shape, the only drawback being the strike.
Prices are stiff, showing that owners have con-
tdence in the market
Murray Hill avenue, which runs through
the center of Ardshiel Terrace. is curbed as far
as Fair Oak street, adding greatly to the ap-
pearauce of the property.
Tallapoosa, Ga, near the Alabama line is
joying a large measure of prosperity, princi-
pally through the efforts of the Georgia-Ala-
bama Investment and Development Company,
which is strong one. Settlers are going in
from all sections of the country, and town lots
are being sold with great rapidity. Full infor-
nation of the company and the place is given
in an advertisement on another page.
A sale of Citizens Traction after call yester-
day at 63 shows the boom in this stock is still
on. Even talk of larger dividend has a good
effect
Local bond quotations Saturday: Allegheny
Valley first mortgage rs 1091a bid; Allegheny
Valley income rs, 20 bid; Pittsburg Junction
first mortgage 6s, 1l6 bid; Panhandle rs, LIS
bid, l16 asked; Pittsburg and Western general
mortgage As. 7sA bid
There is a steadily increasing demand for
Manchester Traction stocks and it seems to be
slated for on advance.
good many bids and offers were made on
bank stocks Saturday, but the difference was
too great to be bridged over. If the noun
tain will not go to Mahomet Mahomet must
go to the mountain.
The annual meeting of the Fuel Gas and
Manufacturing Company will be held in the
WESTINGHOUSE Building on Tuesday, May s, at
10 AM.
The annual meeting of the Pleasant valley
Building and Loan Association will be held
Maya
The Building Record.
During the week IS permits wers issued,
representing 70 buildings IA brick and 81 frame
the total cost of all being S67,S6S The Four
teenth ward led with 20, followed by the Six
teenth, with 6.
The number of permits taken out the previ-
Gus week was 75 representing SO buildings. the
estimated cost being SlOsS7s. Number of build.
ings for which permits have been issued this
year to date. 77S. Yesterdays permits follow:
John A. Warden, frame twO-story dwelling
19x32 feet, on Ravenna street, Twentieth ward.
J. w. Gray, frame two-story dwelling, I6x2s
feet, on Cairo street. Thirty-second ward Cost,
$3.50,
David Kaufman, frame two-story dwelling, q
xSO feet ou Bond street, Nineteenth ward.
Cost, 1850
13xS2 feet each, Dresden alley, Eighteenth
ward. Cost. $1,000.
Robert Bruce, frame two-story dwelling, 20x
- feet, on Bond street. Nineteenth ward. Cost,
Sl,9J0
John Mauk frame twostory dwelling, l6x1s
feet, on Butler street, Eighteenth ward. Cost,
Patrick Ford. frame two-story dwelling, 16x
Is feet on Soho street, Thirteenth ward. Cost,
$500.
samuel F. McGary, frame two-story kitchen,
l5xl6 feet. Shetland avenue. Twenty-frst ward.
Cost, $500.
Bernard Hilterman, frame addition one-story
kitchen. l4xl4 feet on Taylor street, Sixteenth
ward. Cost, S75
John Barry, brick addition two-story man.
sard dwelling; 2lxSl feet on Reach alley, Eighth
American Tea Company, frame one-story
ward. Cost, Sl50
John McClune, frame two-story dwelling, 2Ox
81 feet Edwin street. Twentieth ward. Cost,
Mary A. Evans, frame tvo-story dwelling.
z2xS2 feet, on Main street. Thirty-hfth ward.
Cost. $1,000
Movements in Realty.
M. f. Nipple & Co. sold to ]. H. Watt ct al,
for NJ. s. Dickson, for a price approximating
$4,000, piece of land containing about three
and one-half acres, with one nine-roomed and
two six-roomed frame dwellings. ETC., situated
on the west side Of Thirty-third street, Thir-
teenth ward, adjoining the Pennsylvania Rail-
road. The property has been subdlvided into
desirable building lots and will be Immediately
placed on the MARKET by NJ. F. Ripple & Co.
They also sold to Miss K B. Bauersmith. for J.
S. Horsfall. for price approximating 50, 000
new fye-roomed frame yelling. with lot 20xl00.
on the west side Of Osceola street, Twentieth
ward.
Baxter, Thompson & Co. sold lot No. 256 In
Baum Grove plan. situate ON the southwest
Corner of Negey and Friendship avenues, size