Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-05-30
Thirty-Two Lots in Kensington Picked
Up by Two Well-Known Men.
GREAT BUILDING OPERATIONS.
Local Stocks Finish the Week and Month
in a Blaze of Red Light.
OFFICE AND STREET NEWS AND GOSSIP

from Mr.. B. f. Rafferty,, He paid regular
list prices, with the usual discount for cash
In the same town Mr.. W. C. Stewart sold fol
the owners eight lots in block No. l, to DR.
Alter, of Parnassus, for a ,S3s 63 cash.
Agents Are Innocent.
Some people entertain the notion that rea
estate agents make habit of circulating re
ports of big deals that never materialize a:
q means of booming the market. This is un
just to as conservative class of busines:
men as can be found in the city. There i:
always considerable tall talk of prospective
transactions of great magnitude, but il
originates among outsiders. Go to rea
estate agent for particulars, and he viii
| quickly tell you that he knows nothing about
the matter concerning which information il
sought If anything, agents err on the Other
side by withholding Information in regard
to sales actually consummated, generally or
the ground that publication would injure
other business in the same locality. Agents
| keep values down as much as possible tc
facilitate sales. STILL they are just tc
owners, and in most cases get better prices
for property than they could, and dispose Of
it much quicker.
Great Building Operations.
Work on a number of large buildings, in
suspended on account of the strike, will be
resumed as soon as the trouble is settled
Owing to the lateness of the season, how
| ever, many important structures, for which
| plans have been prepared, will go over until
next year. Among these may be mentioned
the Thaw and Vandergrift buildings on
| Wood street, the parochial school in Allie
| gheny, bank building and a business block
on Fourth avenue, a large office building on
Fifth avenue and two four-stoTy apartment
| houses. There are more great building
| operations under. way or in contemplation
the city. This gives the outlook an exceed
| ingly rosy complexion.
Business News and Gossip.
A Fourth avenue real estate broker has
been authorized by Chicago gentleman to
purchase site in this city for first-class
hotel.
Ligget; Bros. have opened a new plan of
lots at Kensington. 1t contains q number of
fine manufacturing sites.
The latest about the Williamsburg station
is that it is to be removed to the other side
of the railroad and larger freight house
built
Baltensperger & williams will have an
auction sale of lots on Mt. Washington to-
day.
The little burst of activity in oil yesterday
was q surprise to the trade. Mckee and
Tracey know how to turn on the steam, and
when they put their heads together some
thing generally comes of it.
A $4,000 lot of Birmingham Traction bonds
was offered by Fred Rinehart at 81 and in
terest.
L. McCutcheon sold ten shares Manu-
facturers Gas at 241155, and l55 shares at 24lz
National banks of the following States
report percentage of reserve held May 4 as
follows: Illinois, 32.07; Missouri, 30.34, and
New York, 213 per cent.
A revival of interest in the bond market
is hardly looked for before the middle of
June, when July interest end dividend dis
bursements will be anticipated.
Gold certificates payable to order to the
amount of S22, ,O20 600 are now af1oat and near
ly all Of these are held by the banks in New
Gold Shipments from New York to-day
in sight.
Charles somers has sold to L. II. stotlen
property in the Thirteenth ward aggregat-
ing S23, 500.
There is no abatement of demand for lots
at Elwood, and they are being picked up
very fast.
The Building Record.
During the past week five days) 21 build
ing permits were issued representing 2S
buildings-l brick and 81 frame-the total
cost of all amounting to $30,345. The Thir-
teenth and Nineteeth wards led with build
ings each, followed by the Twenty-third
with L.
The number of permits taken out the pre-
rIous week was Z'representng 81 Dullolngs,
,ne , estlila!eu COSY OF az pelng Sz4,6S5. NUM-
pei OF 9ulIolngs ior wllcn permltS Isl, nave been
gaanueu l,.so tnls year 70 aaee, s4. Inc 1oiow-
inS ,; MeIS .ahSn TH 1uI yeseeIuay.
,er OF aa - neey m @ alaJ oMosDorH uWell-
th$,.d 'eee on AZ 1oo
'iiiIu Id ma1o; ~ vs.. @i,svo.
1saac ". McMlnn, frame two-story dwell
ing, 5oS4S leet; on Flavel street, Nineteenth
"ard. Oost' sz'oo.
Movements in Realty.
co,,rol w R,oo,- ~, ella t,r,, ,..,,
d.. nso,, !" sei1 .nIee iUSs ,,, III
Tue Diair es'a'e' na~ei"ooo' corner EllZa-
beth and Blair streets, size 76xl2O to 20-foot
alley, for 8, 500 cash.
cloon & n sn1d a naat ,auy l,orsa Nv, Daor
n.sot ~ %iuata.b now nUuSs 60 On pear ges
ooIh eMoe., NinoteenSN maru, ior 0onn
Quinn 10 Mlchaei Lyons OF Newport, X. l.,
for s., $50.
Reed B. Coyle & Co. sold lot on Bouuet
etreet neor Fra zier Fourteertb word lo11oo
40 10. .,, se. 1'Hi1o
ieet ior 100 cash. ol so' per lroHt loot. Inc
purchaser VIII improve py the erection OF
brick dwelling 1or a residence.
NJ. p. Howley sold four lots in his Kensing-
ton Park plan 1or " zoo
BLACK baliu sold tor d. L. Ch1Ids, Esq,
lot on the sonunern 1oo slde OF Waliingford
street, near Blowell, l0OxiH 1eet, for 81, $50.
Allies Bailey soid lor Mary Boyle, in the
Boyle plan OF lotsi Ientn ward, Allegheny