Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-05-15
REALTY ON THE MOVE.
Fifty Acres Coal Land Picked Up by
the N. Y. and C. Gas Coal Go.
$500 AN ACRE THE PRICE PAID.
A Large Deal COnSummated in the Bus
tling Borough of Williamsburg.
THE FEATURES OF LOCAL SPECULATION

Mr.. Thomas Hackett signed papers yester-
| day by which he transferred about 80 acres
of coal land, situated one mile above Will
| kiusburg, on the pike, to the New York and
Cleveland Gas Coal Company, for $4,000,
this being at the rate of $500 an acre. The
coal on this place is considered the best in
that locality.
Part of the Hamnett Estate Sold.
The most important deal in Williamsburg
real estate for a long time has just been con-
| summated by w. E. Hamnett & Co. They
sold about two acres, being part of the Ham
nett estate, on the eastern side of the
borough, with an eight-roomed brick house,
to S. j. Hooper and others, for $4,000. 1t
will be placed on the market in small lots at
| once. This is one of the most desirable resi-
dence localities in the enterprising borough
| of Williamsburg.
Lawyer Captivated.
A prominent member of the Pittsburg bar
related the following incident yesterday:
81 was riding on the Pittsburg and Western
Railroad, and looking out the window
noticed very handsome high bridge cross
ing swift running stream, with large rocks
and fine forest trees on the border and look
ing further saw the neatest hotel had ever
seen, and I had been all over California. ma
Upon inquiry found it was Ellwood, on the
Connoquenessing. Immediately made ar
rangements with Black & Baird to look at
the property and with my brother purchased
four lots"
Better Than Last Year.
Black & Baird-Real estate business so far
exceeds in the number and amount of sales
the same time last year, which broke all
previous records. Several ether agents SAID
business was rapidly picking up with them
Business News and Gossip.
Many builders think they will be able to
begin operations early next month, and
architects are beginning to overhaul their
plans.
Leading bankers treat gold shipments as
they do all measures that are carried to
severe extremes. They say there is abso-
lutely no cause for any apprehension and
that at no previous time in the history of
the country were we in a better position to
supply the shortcomings of Europe.
The most important mortgage on file for
record yesterday was for $50, 900, given by the
Suburban Rapid Transit Railway Company
to the Safe Deposit Company as trustee
The regular daily meeting of the Real Es-
tate Auction Board was held in their rooms,
90 Fourth avenue, yesterday. Brokers are
finding that the interchange of views at
these meetings is great help to them in
their business.
A circular addressed to the officers of the
Philadelphia Gas, Switch and Signal, Elec-
trio and Manufacturing and other corpora
certificates registered with some reliable |
trust company, is being signed by bankers |
and brokers. This, by. expediting transfers, |
would make these stocks more available as |
co.laterals for loans, and thus be of benefit |
to business.
A broker remarked: "The work of surren- |
dering Electric common stock is proceeding /
slowly here, but think it will all ultimately |
be turned in"
At Boston yesterday afternoon I5N was |
offered for 500 shares of Electric. The clos |
a
Mr.. A. c. Robinson has been admitted to |
membership in the firm of Robinson Bros.
He will ably represent his firm on the floor |
The directors of the Mexican Central Rail- |
road have voted to pay per cent on the first |
incomes from 1890 earnings July TO-
were 104 national banks organized in the |
United States with O capital of $11, ,170, 600.
OF these II are located in Pennsylvania.
The Building Record.
Permits for the erection of the following /
were issued yesterday:
]. D. Stewart, frame one-story office, 12x24
feet, on Twenty-second street, Twenty-f1fth
ward. Cost, $50.
Samuel Consly, frame two-story stable,
l5xlS feet, on Webster avenue, Eleventh
ward. Cost, $50.
Andrew Kubisiak. frame three-story dwell
ling l6x32 feet, Wakefield street, Fourteenth
ward. Cost, S, ,575
george DanQStOr1er, frame aQQ1tlOn one
story kitchen, lOxH feet, Beulah street,
Twenty-seventh ward. Cost, $50
John W. McCabe, frame addition two-story
dwelling, Ix16 feet Euclid street, Nine
teenth ward. Cost, $3.50.
Free Methodist Church, frame one-story
chapel, 26x40 feet, on Ruth street, Thirty
second ward. Cost, $1,000.
John Weber, frame one-story wagon shed,
16xl6 feet on Larkins alley, Twenty-fifth
ward. Cost, $50.
half story kitchen, l2x12 feet on Hancock
street. Thirteenth ward. Cost, $85.
Alfred H. Bean, frame two-story dwelling, |
lsx32 feet, ON Inwood street, Twenty-first
ward. Cost, ST. 500
story dwelling, l2xl2 feet, on Walter avenue,
Thirty-frst ward.
Movements in Realty.
NJ F. Nipple & Co. sold for j. H. Elder, to
On the west side of Rebecca street, Twen-
5ieth ward, for 81, 500. A handsome residence
will be erected thereon at once.
S. A. Dickie & Co. sold for J. B. Mitchell to |
R. J. Hayden, a lot on Conrad street, Twen- |
;ieth ward, 25x95 feet, for $9l2
Black & Baird report the sale of nine more
OTIS in Elwood City. They have sold quite / |
number of lots on each of the special days,
Wednesdays and Saturdays, set apart for |
hese sales, andnote wonderful inquiry for
his property.
Reed 8. Coyle & Co. sold lot No 14s in their
Marion Place addition, being 25 feet front
,ach on Speer and Gladstone streets by l3O
eet in depth, for S400.
J. E. Glass sold for A. C. Watkins to Albert
Hayes lot No. " in the Allequippa Place |
,lan, for $780, Work was begun on another
lwelling in this place yesterday.
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