Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-07-04

| nothing else of an inspiring nature had oc-
mand attention and nut the peopie in a suit
| BILE frame of mind to properly observe the
nations natal day. But there were other
| assuring circumstances contributing to the
| general Improvement. The foreign situation
| was less strained. The end of gold ship
ments was thought to be in sight Disburse-
! ments of interest and dividends unlocked
| millions of money, which will soon be rein
vested. Crop news was uniformly favorable.
There were no bear cards. Signs of activity
were visible upon all sides. Surely this is
glory enough for f1ve-day week, and by far
at best, cut but "a small figure in the business
of the day.
Out of the Woods.
Two squares of stores are in course of con-
struction at Ellwood, and upward of 100
dwellings under way. At this rate of growth
the new town will soon be big enough to
take care of itself The Hartman Manufact-
uring Company are working on the founda-
ton for their plant. As it will be one of the
largest of the kind in the country, it will not
be ready for operation before January. The
Tube Works Company have one-half of their
building completed, and are pushing work
on the remainder as fast as possible. The
Enameling Works building is about finished,
and machinery will be put in in few days.
The water works for supplying fire plugs
and buildings have been completed. The
foundation for the school building will be
commenced next week. As in Pittsburg,
the great want of Ellwood is dwellings.
Adjective Charter.
The Ursuline Land Company report that
everything in their plan would have been
sold in the last three weeks had it not been
for defect in their charter, which is now
being amended. The entire frontage on
Fifth avenue is covered by requests of per-
sons who have taken advantage of the low
prices asked. The company have no desire
to do more than provide for the indebted
ness against the institution, and this dispo-
sition has helped very much to expedite the
sale of the property.
Down the Valley.
The Pittsburg Land Association, of which
Mr. E. ID. Hartman is President, and which
recently purchased 30 acres at Ellsworth
from Mr.. c. Beringer and now known as
Riverview Park, is rushing work in opening
and grading streets, and will soon begin
laying sidewalks. A number Of buildings
will be started at once. This property is on
the line of the proposed extension of the
Pleasant Valley Railway. The other part
of the park-about 60 acres-will soon be put
on the market.
Passed the Paper Period.
Among improvements soon to be begun at
Kensington is 4O-room hotel, by Robert l.
Rhodes, of Allegheny. He is now taking
bids Mr.. Charles Seybold, of Jeanette, is
putting up two-story building for slate and
tin roofing. Capeau Brothers have two
dwellings nearly completed. Fred Singen-
felser's residence is nearly finished, and W.
A. MCGOWAN is occupying his. He is the
first permanent inhabitant of the place.
The foundation for the Pittsburg Reduction
Company's building is about completed.
The Steel Wheel Company's building is up
to the second floor. Work on the Flint
gun on Monday. Kensington has already
passed the paper period of its existence, and
has prosperous future beforeit.
A Northside Deal.
A. Leggate & Son yesterday closed the sale
of No. 26 Sherman avenue, Allegheny, lot 20
x110 with a three-story brick dwelling, for
Sl5 375, being the amount bid at auction a
week ago.
Business News and Gossip.
This promises to be the closest holiday for
several years. Fourth avenue will be de-
serted. Business men are patriotic.
For Birmingham Traction bonds 80 was bid
at the last call yesterday. One hundred
shares of Manchester Traction were offered
at 3sM. Duquesne was offered at 16, with l5
bid.
Pleasant Valley stock was strong yester-
day, selling in big blocks close to "A.
Additional dividends: German American
Insurance Company, s. per share, or per
cent; German Savings and Deposit Bank of
Birmingham, 6 per cent, semi-annual; North
ern Liberties Bridge Company, 81 per share,
semiannual.
1t was stated that the ~ per cent quarter.
ly dividend just declared on National Cord
age, and which is announced as regular"
means that dividends will hereafter be paid
quarterly and at that rate.
The injunction restraining the payment of
the Sugar Trust dividends has been vacated
by Judge Barnard.
Pittsburg's July disbursements for interest
and dividends are estimated at 81, ,GO3OOo.
Exports of petroleum last week footed up
so,22i IA.
There is an increase of interest in the coal
trade, due to improved conditions in manu-
featuring circles.
There are indications that the Treasury
will, within short time, call on the National
bank repositories for portion of the Gov
ernment funds on deposit with them.
The small number of failures resulting
from semiannual statements shows the
strong financial condition of the country,
There have been none in Pittsburg.
The telautograph, Prof; Elisha Gray's lat
est invention, which is destined to revolu-
tionize telegraphy by transmitting exact
fac-similes OF messages, autographs, maps
and designs, is to be extensively manufact-
ured very soon at Highland Park, ILL.,
Insiders in Chicago Gas assert that it has
been decided to declare a 5 per cent divi-
dend about the middle of this month
The Building Record.
During the week % permits were issued,
representing "a buildings, 25 frame and
brick, the total cost of all being $Sl5l0. The
Thirteenth ward led with buildings, fol.
lowed by the Eighteenth and Twenty-first
wards with each.
The number of permits issued the previous
week was 80, representing AZ buildings, the
estimated cost being $55,295. Number of
buildings for which permits have been
issued this year to date, I,51s Yesterdays
list follows:
Frank Sailing, frame two-story addition
kitchen, l4X16 feet, 252l SIDNEY street.
Twenty-fourth ward Cost, $500
John Joyce. frame two-story dwelling, COX
"a feet. on Beet street. Fourteenth ward.
Cost, l6l0
Henry A. Davis, brick three-story addition
apartment house, 2lxA feet on ColWelI
street, Eighth ward. Cost 81 500.
Mrs Butler, frame two-story dwelling, l6x
80 feet, on Acorn street, Twenty-third ward.
Cost, $3.50
Henry HoltZer, frame stable, sxl2 feet. rear
Pine street, Twenty-seventh ward Cost.
$3.50.
keystone Awning and Tent Manufacturing
Company, brick one-story addition actory'
12x65 feet, Si4z Penn avenue, Sixteenth ward
Cost, $50.
S. Peranesky, brick three-story tenement.
2L7x39 feet, on Our alley, Eighth ward.
Cost, s3,o5O.
Movements in Realty.
w. C. Stewart sold for the Yoder Land
Compauy to j. Med Scott lota Mos on n a o1 i