Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-11-01
Movement Moderate but Conditions
Favorable for a Bulge.
POINTS IN BUILDING AND REALTY.
East End Residences Picked Up and Sites
Purchased for Others.
LAwRENCEvILLEs PAR0CHIAL SCHOOL

| business entanglemenIS, ana ono OF I"o
hampering progress for several months
were Strengthened out, leaving the situation
materially stronger.
With exciting elections on hand in sew
eral of the States, the failure of business to
respond to the favorable conditions which
everywhere prevail, should cause no un-
easiness. There is nothing wrong at the
bottom. The outlook has met with no
eclipse. There is an abundance of cheap
money at all of the great business centers,
| which is being augmented by steady re-
| ceipts of gold from Europe.
Railroads are carrying to their full ca
Farmers are res strengthening their m position by
paying of their mortgages. Seldom have so
| many elements of strength and encourage
ment been united: They presage great
| business movement at an early day.
| A Squirrel H IL Deal.
It was stated in this column a short time
| ago that three prominen business men, two
| of whom reside on the Nortt1side, had about
decided to purchase ground and build hand
| some homes in the squirrel Hill district.
During the week one of these gentlemen
! bought, through the agency of j. H. Coleman
| & Co., six acres in the locality mentioned,
| he will erect, next year, dwelling that will
| be a credit to that nefghborhood.
The other two gentlemen, it is under
| stood, have several sites under considers
| tion, but, so far as known, have settled upon
none.
East End Residences Sold.
Two elegant East End residence properties
| changed ownership during the week.
| Black Baird sold new stone house of u
rooms, lot 60xl6l, on the west side of Negley
avenue, between Center and Penn, for
$4,000. The purchaser is Milton 1. Baird, Of
the firm. who will occupy the place as a
residence.
Thomas A. Hertman sold through the
agency of M. F. Nipple & Co., his fine resi-
dence, a handsome new broom mansion,
Queen Anne style, with lot 60xl2o situated
on the west side of South Highland avenue,
TWEEN ieth ward, for $l7, 900. The purchaser,
| a leading business man, will make it his
permanent home.
VIII Build the School
The parochiaI school Of st. Johns E. c.
Church, near the Forks of the Road, will
be built after all. 1t was stated some time
ago that the trustees had encountered an
unexpected obstacle in the refusal of the
Scott heirs to sell their lot at what was con-
sidered reasonable price. This difficulty
has been removed and the coveted property
secured, giving them tho desired frontage
on Penn avenue.
As preliminary to the erection Of the
school building the trustees have decided to
Thirty first streets.
Tho Building Record.
Continued good weather during the week
was favorable to building operations. Rapid
progress was made with work under way,
and many buildings were started in the
hope of getting them under roof before cold
weather. The number Of permits issued
fell slightly below the average for the sea-
son, numbering 36. against 3s the previous
week, but the estimated value of the inn
provements was much greater, being $327,
SlS, against $l29, ,665 the week before. OF this
amount the Times building. on Fourth ave-
nue., contributed $3.50 900. This was the only
others being for the ordinary classes Of i'm
provements. The record so far this year
shows total of 2,6o5 buildings and addi-
tions, which is about 200 in excess of the
number authorized in 1890
Yesterdays permits were: C. G. Hussey,
brick addition siX-story business house on
Virgin alley, Third ward. Cost, 81, ,5Oo John
T. Madigan, brick three-story store and
dwelling on Butler street, Eighteenth ward.
Cost, "a, 900. Annie Blades, frame one-story
dwelling: on Ridge street, Thirteenth ward.
Cost $3.50. John Shier, frame two-story
dwelling. on Bismarck way, Thirteenth ward.
Cost, ,ouO.
Homes FOR the People
A prominent Lawrencevtlle physician has
completed arrangements for the erection
next spring of row Of fine two-story brick
dwellings, on the corner of Forty fourth and
Butler streets A row OF six frame dwell
ings will be started by another gentleman
near the Forks Of the Road about the same
time.
Business News and Gossip.
A ADuquesne conductor between Wilkins
burg and East Liberty, one day last week,
bad l0s fares when quitting time came.
The Burrell Improvement Company was
tha purcha ser of tha Stewort farm, po
nassus, the sale Of which was noted q week
ago.
Bushnell & Bushnell, real estate dealers in
st. Paul, Mimi, made an assignment on Fri
day Their liabilities are $500,0OO.
On call yesterday, Duquesne Traction
stock was stronger at l21]5 bid and 10 asked.
Manchester WAS offered at SO.
The demand for money at Chicago is i'm.
proving, owing to the increase in stocks of
grain there and at tributary points.
In the opinion of brokers tnis will be dull
week in stocks, owing to the election. The
Exchange will be closed on Tuesday.
The Enterprise Mining Company will prob
ably declare a dividend of 10 per cent this
week. This is ut the rate Of 40 per cent per
annum.
A gradual Improvement in the bond mar.
ket, which has been recently witnessed, is q
pretty certain indication of a coming rise in
stocks.
The Allegheny Gas COMPANY will an
nounce its regular 81 dividend tomorrow
On call yesterday was bid for non-assent-
Ing Switch and Signal stock. There is very
little of it.
The public1s cautioned against negotiat-
ing check No. 55 52I, dated October q, 1891,
drawn by Poor 6 Gree1ough, of New York
in favor of Alice j. Adams, of Boston, on the
Bank OF the State OF New York, for 81 02S 70,
this check having been lost in the mails.
Tho anthracite tonnage for October will
exceed 100000. That OF the Central Rail-
road of New Jersey was the largest in tho
history OF the company.
Movements in Realty.
Reed B. Coyle s. Co. report tho sale for
Miss Blanche Lytle Of a piece of property
situate in the Squirrel Hill district, Twenty.
third ward, containing 81 acres fronting on
Winterburn street, VI ith large brick dwell
ing and all necessary outbuildings. The
price approximated $4,000 cash. and the
purchaser, well-known business man of
this city, after making extensive improve
ments will occupy the place as q residence
A. z. Byers & Co. sold for D. b. Bassett t.
Mrs. Louisa Brand the property No. eos La
cock street, Fourth ward, Allegheny City,
being a brick house OF seven rooms hall and |
attic, for So, 800.
Black s. Baird sold to a prominent manu- |
facturer of white lead a lot on Linden ave-
nue., Boulevard place, adjoining the lot sold |
to Mr.. Bushfield a few days since, having O |
frontage OF 40 feet by depth of l6O, for |
$1,000.
frame house OF four rooms, with lot 20xe00, |
on Morrison avenue, Tenth ward, Allegheny, |
for John X. Ewing to Mrs. Annie M. Smith. |
for $1,000.
cant lot on Ann street. near Gist, 22x6O feet,
for 500 cash.
Charles Somers s. Co. report the following
additional sales of lots at Blaine: H. D.
Gregory, Kfttanning, Pa, lot 6. in block 4,
$3.50: +. c. Hotig, Allegheny, lot T. in block