Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-10-07
POINTS IN REALTY.
The Frank Kline Gasser in Shaler
Township Changes Hands.
EVIDENCES OF AN ACTIVE MARKET.
The Local Speculative Pulse Beats Stronger
All Along the Line.
OFFICE AND STREET NEWS AND GOSSIP

The Wittmer Brick Company has pur-
chased the Frank Kline gas well in Shaler
township, with the gas privileges on 81
acres, for S16, 500. Mr.. Kline reserved the rest
of his farm containing the same number OF
acres, and is organizing company to put
down additional wells
1t is reported that the difficulty attending
the transfer of the Swift farm on the South
side has been overcome, and that it will be
plotted ana put on the market.
Realty Picking Up.
The cool weather has given a fresh i'm
pulse to business in all lines. Sales OF nearly
5000 600 worth of real estate were reported in
this column yesterday, showing that this
great interest is sharing in the general re-
vival.
A large number of important enterprises
are the slate for next year. These in
office buildings and one church in the down
town district large hotel Is also IN
contemplation. Altogether, Judging from
the amount of business in sight, and also
from the position of the market, 1t is ventur-
ing little to predict that 1892 will be red
letter year in Pittsburg realty.
Movement in Acreage.
1t was reported yesterday that tract OF
about 100 acres, on the Panhandle Railroad,
short distance below the city, was about
TO pass into the possession of a Land I'm
provement Company, for subdivision next
spring. The prospect of rapid transit
facilities is stirring up things in the West
End.
While no one looks for rush this fall or
winter, the conditions justify expectations
Of an active movement. Inquiries are
numerous and sales frequent, and in many
1nlo
checked by something not at present in
sight or anticipated. the improvement will
go on. \ heavy spring trade is thought to
he practically assured. The outlook lor
Pittsburg realty is full Of confidence and
promise.
The extension of rapid transit facilities
will be an important factor in future oper
ations, and is being watched with great
interest by owners and dealers in realty:
1t will bring into market large scope OF
territory ut present unavallaDle 1or resi-
dence purposes This will augment the
supply of lots and keep prices within rea-
sonable bounds.
Business News and Gossip.
Two of the three big deals in realty, men
toned in this column few days ago as
cooking" were consummated and reported
yesterday The other and largest will come
to 4 head before long.
theatrical report says: "Theaters
crowded" This refers to Monday night. 1t
is good sign. The city is prosperous and
the people have money.
1t is expected that the bridge over the
railroad at Roup station will be completed
within two or three weeks. 1t is ready to be
put up.
W. H. Lincoln, formerly with Baxter,
Thompson & Co., real estate, has COM
menced business for himself at 104 Fourth
avenue.
The Sharpsburg and Lawrenceville Bridge
Company has declared dividend OF 81 per
share
Railroad reports continue favorable.
Hooking Valley earnings month of Septem-
Ter increase, S42 66l; nine months increase,
500, $40. The increase for the emonth il IA per
cent and for nine months per cent.
From the reluctance of holders of local
stock to part with their goods they evident
ly believe the market is coming their way.
Oil made quite a squirt yesterday. The
pit although by no means exciting, pre-
sented a striking contrast to the dreariness
of a few weeks back.
Movements in Realty.
Baltenspeiger & Williams sold to B. J.
Williams, of the firm, lots Nos. 10, II, Il and
10 in the A. L. Watkins Stanton avenue
plan, each having front of d feet on Cole
ridge avenue, for 81, 400. Mr.. Williams will
break ground for three frame dwellings on
these lots this week.
Black & Baird sold to John H. Miller lots
Nos. 30 and 81 in the Adam Roll plan in the
Twenty-second ward, having a frontage of
| so feet on the south side of Kensington
| street by depth of 90 feet, for 81, 900.
| W. A. Heron & Sons sold on Smith street,
| Hazelwood. near Second avenue. a frame
| house of six rooms lot 25Xl20 feet, for s. 400
| cash.
| A. q. Byers & Co. sold for the Ridgeview
| Land Company to Miss Josephine Shuelen-
| berger lot No. % in their plan, Eleventh
/ ward Allegheny City, on the line of the Cali
| fornia Avenue Electric road, having a front
| age of 25 feet on Massachusetts avenue and
| extending through l25 feet to 20foot ally,
| Tor $500
w. \; Heron & Sons sold on Virginia ave.
| nue., Thirty-fifth ward brick house six
| rooms and modern fixtures, for 5000 on
| monthly payments.
| S. A. Dickie & Co. sold for Messrs. Bell &
| Caldwell to o. S. Decker, a lot 40xl02 feet, on
| corner of st. Clair street ana Friendship
avenue, with two-story brick house, for
| s., 800
| some Queen Anne residence situate on
| O'Hara street. near Ellsworth avenue, with
lot s3x95 feet, for 5000.
The Building Record.
Eight permits were issued yesterday for
| ten improvements, of total estimated
value of $l3,4J
story dwellings to stores on Third avenue. Second
ward: cost, 50, 500. ID. Douglass. frame to two
story dwelling McCandless street, Eighteenth
ward; cost 81 coo. Marks Wohl, two frame two
story dwellings. on Forbes street. Fourteenth
| word: cost, g., CO., John II, Knight. frame two
story dwelling on Southern avenue, Thirty-second
sorT and S mshssTd dwelling. on Sstchez street.
| Thirty-second ward; cost 81, SO. Three others
| costing 81, $50.