Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-12-06
Realty on the Jump.

last to yield to depression and the first to re-
| spond to bulge.
| Realty on the Jump.
| While there were no notable transactions
| in real estate during the week. there were
several of more than ordinary Importance
Yesterday was productive of an unusual
| number of interesting events.
j. II. Coleman Il Co. closed the sale OF the
| Nimick property, at Williamsburg, to land
| syndicate at $4,000. 1t consists of 30 acres
| The only building Is a small frame house OF
littla value. 1t will be plotted and put on
| the market in the spring.
Baxter, Thompson Co. practically closed
deal for large tract of land on the Monon-
gahela, with view to locating large man
| ufacturing plant thereon. The considera-
| tion is in the neighborhood OF $40 600.
Black & Baird sold business property on
the lower end of Third avenue for sSs, 600
There was q report of another sale in the
same locality ut S2200
NJ. F. Nipple & Co. disposed Of a new 10
room Queen Anne house and lot 40Nloo, on
the cast side of South NegIey avenue, Twen-
tieth ward, to Z. NJ. Noble, at q figure very
close to $4,000.
The Hubley property, at Williamsburg, was
resold during the week to Murphy & Die
bold, East End lumber dealers, at a slight
advance on the price paid by MIR. Dick.
The Hipwell Manufacturing Company, an
Eastern concern, yesterday leased through
Black X Baird one of the floors in the Eagle
Cotton Mill building, Allegheny, with
power, for the manufacture OF brass goods.
buildings for the Week.
Twenty-six building permits were issued
during the week for Sc improvements, ag-
gregating, as estimated, Sl29, ,5s5, against Is
permits, 25 improvements and So, go esti-
mated value the previous week. Tester-
days list follows:
James Mckay, stone three-story dwelling
on Anderson avenue Twentieth ward,
to cost SS5, 260; Charles W. Houston, four
stone and brick three-story dwellings, on
Liberty avenue. Twentieth ward, to cost
Sls,0O0 Mrs. Z. Nandevort, brick three-story
dwelling, Penn avenue, Twenty-tlrst
ward, to cost $500; John NilZarak, brick
two-story and mansard dwelling, on Brere.
ton avenue, Thirteenth wsrd, to cost S., 800;
Miss Naioney, brick two-story and nansard
dwelling on Oakland avenue, Fourteenth
ward, to cost $500; II. X. Porter, frame one
Fourteenth ward, to cost 800; john NOLAN
phy, frame one-story stable, on Liberty ave-
nue., Sixteenth ward, to cost $500: John
Eaton, frame two-story addition to dwelling
on Bidwen street, Twentieth ward, to cost
$1,000.
The Real Estate Exchange Sales
Some surprise has been expressed that the
regular weekly sales promised at the Real
Estate Exchange have not been kept up
Particularly is this felt because the one set
of sales which was held proved upon short
notice decided success. The room was
crowded by parties having an interest in the
market, and three properties were cold. A
fourth, which was advertised, would have
been bought if the agent in charge had not
already disposed of it by private sale
1t is said that the reason why the pro-
granme of the Exchange has been allowed
to lag is because the agents are SO busy with
private negotiations upon the properties in
q market where people can realize quickly
when they have to sell. and the attractions
of bargains to investors, are worth some
thing. As the agents would have their conf
missions all the same, the Exchange wouldn't
work to their pecuniary disadvantage. For
Il certain class of property these periodical
sales would seem to be first-class thing
They will doubtless be resumed after the
holidays, if not before.
Business News and Gossip.
The sale of the Nimick property at
Williamsburg, will probably soon be followed
by that of the Singer place in the same
neighborhood.
Judging from the number Of real estate
sales published in this column during the
week. and especially to-day, the claim made
in some quarters that the market is stag
nant will scarcely hold water. Facts always
outweigh theory.
Mr.. George H. Westinghouse, Jr., who has
returned from the East,says, with reference
TO the business of the Airbrake Company-
IL
way officers to the effect that they will re-
quire brakes for about Is, 900 cars which have
been or will shortly be ordered. He saws the
Airbrake Company has very little to fesr
from competition from anv other concern
until the question of Infringement of the
company patents has been determined in
the courts. The capacity of the works of the
Westinghouse Company at Wilmerding is
sufficient TO meet the demands of the whole
country: in fact they can turn out a com.
plete brake every working minute, and this
70 ha 1u i'm cod
On call yesterday 171 was bid for Duuuesne
Traction. offered at F34: Manchester was
offered at IS; Is1a was bid for Birmingham. %
for Birmingham bonds, 80 for Electric scrin
Birmine ham bonds were offered at 94l6
There were sales of Westinghouse Electric
in Boston at Is and 13N. A local broker
booked an order for a good-siZed block OF IL
yesterday afternoon.
Earnings of rs roads for fourth week No.
vemDer increased $343 6I2, or ia per cent
Eighty-eighs roads "a Tor a third week Novem-
Compared with December last year the |
money in the country has increased $40 240 :
6s3 TIE amount in circulation has increased
Der the money in circulation has increased |
Sl2, ,769 gC9.
Receipts of wheat at interior point, for
aged over 1000 900 bushels per dav The
total is l39, 600 bushels, against 5000, 600
last year.
Movements in Realty. |
John K. Ewing & Co. sold to Henry Mackin |
for John D. Carson the property No. 20
Marion avenue, corner Marshall street, First |
ward, Allegheny, being three-story pressed |
brick dwelling containing ten rooms, vesti- |
bule hall, bath, attic, laundry and all possi- |
BILE conveniences, lot 2211x65, for price ap-
proximatIng $4,000 cash.
. j. B. Larkin & Co. sold for the Blair Land
Company since last report, the following
lots: To George and John NJ. Koegler, South |
side, city, lot a65. s455, and lot 266 $3.50: to
Fred Koegler Southside lot 267 for S42O, and |
lot 26S for social cash.
Black & Baird sold to William NJ. Granger |
lot % in the Lloyd Circle plan. on Dithridge |
street, Bellefield, 80 feet front by 27 feet in |
the rear. for Sc, 600.
The Burreil Improvement Company re-
port the following sale of lots at kensington: |
Carnilin & Craig, lots % and 30. block 9. for |
s765: NJ. Fagan. Pittsburg, lot s.. block la, for
ss25; Sarah c. Smith, Allegheny, lot g. block
8. for $500 cash: Sarah c. Smith, Allegheny,
lot 60, blocl. =, for $500 cash; john o'Donnell,
Pittsburg, lot g. block s, for s!5 "a: Mrs. |
An il Ziu1,nar Scott Haven. Pa. lot II |