Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-22
GETTING INTO LINE.
Substantial and Rapid Growth Of the
Big Twenty first Ward.
QUITE A JUMP In LAND VALUES.
More Sentiment Than Business Crops Out
in Speculative Circles.
OFFICE AND STREET NEWS AND GOSSIP

Although there has never been "boom'
in the Twenty-frst ward. there has been 6
steady growth for the last four or five years
Last fall Mr.. j. c. Dick, a well-knowr
business man, bought the old Brown tract
of 10 acres, bounded by Shetland Park and
Meadow streets, for which he paid in the
neighborhood of 500, ,OOO 1t has since been
plotted, about half of the lots sold, and 20 OF
80 houses built or in process of construc
| ton.
Across the long bridge over Lincoln ave.
| nue, near Silver Lake, the Finley and Spen.
Ger tracts are being built up very fast From
this bri ge up to the Doak place, and in the
other direction as far as the Homewood race
course, there is a compactly built up settle
| ment which, in Western State, would be
considered a first-class city. Among promi-
nent people who have their homes in this
section are Thomas NJ. Armstrong, William
| Campbell, Samuel Hippinstal. Peter Dick,
Major Aull, George Finley and number of
| others. This locality is now pretty well sup
piled with rapid transit by the Lincoln and
Iarimer branch of the Duquesne Traction
| Road. This has given great impetus to
real estate in this quarter of the city. This
| company is building bridge at the eastern
| end of Larimer avenue, which will enable
them to reach the district beyond Silver
Lake.
As showing the trend of real estate, own
| ers along Lincoln beyond the bridge are ask
ing and getting from $500 to s, goo for 40-foot
lots which four or five years ago were in the
| market at S400 to $500, and on the side streets
s290 lots have jumped to 500.
Business News and Gossip.
1t is stated that friends of the Standard
Oil Company are buying pipe line certifi-
Gates.
W. C. Beringer & Co. have sold upward of
100 lots in West Derry since Wednesday of
this week. Many of the purchasers will
build this season.
Many of the street car lines throughout
the country are insuring themselves against
legal liability for loss of life and property,
etc. The rate is from to 2 per cent of the
annual gross receipts.
An Eastern authority says the new stock
certificates of the Westinghouse Electric
Company will be issued by September l.
According to Mr.. Westinghouse there is no
authority for this statement.
Alabama is shipping pig iron to California
via Baltimore
The earnings for the Buffalo, Rochester
and Pittsburg for the second week in Au-
gust show an increase of more than 33 per
cent.
The Twenty first ward is catching up with
the procession. Improvement is of SUBJ
stantial kind.
n. W. Stevenson and J. NJ. Montgomery
have sold their stock ana retired from the
Exchange.
The Keystone Land and Improvement
Company, of Pittsburg, was chartered
yesterday. The capital is $4,000. The Spring
Hill Incline Company, of Allegheny City,
capital $50, 600, also secured a charter.
There was another break yesterday in the
Chicago wheat market. There were heavy
selling orders from New York.
Sugar Trust, Land Trust and Pennsylvania
hnnmprs
day. They all finished with a snap.
Yesterday was next to the biggest of the
year at the building inspectors office.
Movements in Realty.
W. C. Berfnger & Co. sold for H. H. Davis
to j. n Trimblc lot on California avenue,
+Jxl6O, for $l,9y0. The purchaser will build
a. once.
Baltenspergcr & Williams sold for Joseph
G. Kennedy lot No. 1910 in the Irwin Land
Company plan at Irwin, being 40xll0 feet on
First street, for 500.
: A. z. Byers & Co. sold for Mrs. NJ. E. Hill
to James Rossell the property No. 73 Ackley
street, Second ward, Allegheny City, being
two frame houses of five and three rooms re-
spectively, with lot 20xlO0 feet to paved al
ley, for So, 500
Black & Baird sold for Edward D. Bratt, of
Reading, Pa, five lots on kearsaTge street,
near Virginia avenue, Mt. Washington, for
$l.601 cash.
Charles Somers & Co. report the following
additional sales of lots at Blaine: w. 2.
Zeigler, Altoona, Pa, lots IS, 66, 10 and so, in
block s, for Sl,350 J. A. Wonderleich Allie
gheny, lots rs and II, in block 8, $500 for both;
A. K. Simpson, Washington, Pa, lot In block
8, $50: johnson Small, Salem, O., lot IA, in
block s, $500; S. V. Cooper, Water Cure, Pa,
lot % in block 0, and lot 65, in block s. at $500
and $500 respectively; Mary NJ. jackson,
Bridgeport, O., lot 76, in block s, $500; Robert
c. Snively. Uniontown, Pa, lots y and 70, in
block Il, $3.50 for both.
George Schmidt sold another five-roomed
house on Lookout avenue, being on lot No.
j. Spilman for g, COO; also sold two lots in
the Wilcox plan, Hazelwood, to John j.
Moore for 81, 500
James W. Drape & Co. sold the residence
and large lot on Webster avenue and Thirty
third street, for $l0,750; also leasehoid
property on Liberty avenue, Sixteenth
ward, for So, $50, also sold ten lots in Munhall
Terrace plan from $3.50 to S400 each.
The Building Record
Permits for the erection of the following
buildings were issued yesterday:
Kahn, Cohen & Israel, brick six-story warehouse
on Grant street, Third ward; cost, $50 800. John
LOuShrey. twofstory frame dwelling on Railroad
street. Twenty-thrd ward; cost, 81, $50. John H.
brick two-story dwelling on Negley
street. Nineteenth ward; cost, 5000 J. A.
Grover, ten brick two-story dwellings on Wooster
street, Eleventh ward; cost $4,000 B. Maloy,
two 6rick ttW,9;1stSry dwellings rear of McKaln
dwellings; on Ridge street. Eleventh ward;
dwelling. Neil street Thirty second ward: cost
500 Mrs. Levi Shook, two brick two-story dwell
ings, on Ward street, Fourteenth ward cost S. 3OO
Clarissa street, Thirteenth ward; cost 81, 500.
Meyran street, Fourteenth ward; cost IS COO.
Joseph Henderson. frame one-story dwelling on |
Monroe street. Thirteenth ward; cost, $3.50.