Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-05-06
WITHOUT AN EQUAL.
Pittsburg Has No Competitor as
Manufacturing Center.
SITES ABUNDANT AND CHEAP.
Local Stock Trading Lets Down, but Values
Only Slightly Changed.
OFFICE AND STREET NEWS AND GOSSIP

The abundance of money at all of the
principal trade centers affords good oppor-
tunity for men of enterprise to engage In
business. There is a large home market
which it is difficult TO overlook, while Can
ada, Mexico and South America are more
than ever looking to this country for sup
plies. The field is so broad that there is no
longer much danger of overproduction. A
reliable market can be depended upon with
large degree of certainty
No place IN this country offers SO many IN
Gucements to the manufacturer as Pittsburg.
Her central location and abundant facilities
for distribution to all parts of the country are
advantages of great weight. If to these be
added an illmitable supply Of cheap fuel. the
experience Oflarge masses of skilled workmen
and perfect machinery for the production of
anything from watch spring to a war ship it
VIII be seen that she occupies 4 position that
must in all competitions demonstrate her su-
periority. She is thoroughly prepared to hold
her own against the world.
This naturally brings up the question: Can
manufacturing sites be obtained at reasonable
prices? By consulting the columns of THE
DISPATCH it will be seen that there is no
scarcity of this kind of property. 1t abounds
in all parts of the city and suburbs, and can he
purchased at from $500 to S, 900 an acre. No
manufacturer desiring to locate in .Pittsburg
should hesitate from fear of difficulty In pro-
curing a site on almost any of the railroads or
rivers There are enough to go round. Pitts
burg is full of industrial establishments, but
there is room for many more and business
enough for ALL
Business News and Gossip.
Ira NJ. Burchfeld's new subdivision, in the
Twenty-third ward, has been named Oliver
Terrace.
Architects are doing next to nothing, on
count of the strike. Two or three of them are
making arrangements to leave the city.
Manchester Traction was wanted at Sc, but
none was offered below 40 e.
Stock traders yesterday were unusually wide
apart in their views. 1t was easy to sell on con-
ccssions, but they were few,
The fractions promise to soon take the lead
ership OF the market. SO long held by Philadel-
phia Gas and Electric. The entire group was
stronger yesterday.
The largest mortgage on file for record yes-
terday was for Sc 000 Each of IL was for less
than $1,000
While the corporation meetings on Monday
were not satisfactory in all cases. they served
10 enlighten investors by giving them better
understanding of the situation. The small
quantity of light turned on will prove of great
advantage tn speculation.
]. Z. Glass reports good demand for low and
medium-priced lots. Buyers propose to build in
the fail.
Citizens Traction SIS were offered at los. and
Pttsburg Traction bonds at l04
The annual meeting of tine Fuei Gas and |
Manufacturing Company, Westinghouse In |
tereSt. called for yesterday was postponed until
The 10Th.
Railroad earnings-Philadelphia and Erie net |
for March decreased 81, ,0S5: for three months, |
net increase, SIS 295. Chicago and Altun de- |
clared the regular dividend of eper cent on both
stocks, nayable June l. Mobile and Ohio,
month April. net increase, S26 453. Canadian |
Pacific fourth week April, net increase Sl9.OO0
Frost was general throughout the West Mon
day night, but did no serious injury to the
crops.
The Building Record.
Permits for the erection of the following
buildings were issued yesterday.
John McCrandle. frame addition Ione-story
kitchen, I2xl4 feet on rear Edmond street,
twentieth ward. Cost. Sl5Q
Zach Walters, two frame two-story dwellings |
l5XS0 feet each. on Wyoming street. Thirty |
second ward. Cost, s.. 200.
Movements in Realty
Mellon Bros. sold large Queen Anne brick
dwelling, with lot IOOxI5O fronting on Penn
avenue a few rods from the city line, to a busi-
ness man for $4,000 The purchaser will oc-
cupy the place as residence.
Reed 3. Coyle & Co. sold for Mrs Harriet
Brown two and one-quarter acres of ground at
1dlewild, PittsburG. Cincinnati & st. Louis
Railway, for 81 600 cash.
A. u. Byers & Co. sold for W. A Black to II |
Hartzell lots Nos. lis and 116 in the Black and
ROhrkaste plan. Perrysville avenue Tenth
ward, Allegheny, fronting on Howard avenue
and running through to East End avenue 20x |
JOG feet eacn for 500 on monthly payments
Baltensperger & Williams sold lot No 2, in
the Kreling plan. Tenth ward. Allegheny, to
James Wallace for $500 cash.
A. Leggate q Son sold at auction the lease
and machinery plant of McKInney's metal ward. |
Twenty-hrst and Smallman streets, for 81 OOO
Baxter. Thompson d Co. sold for Charles H
Gray, LOT \ 10. 5S. Bank OF Commerce addition 1
plan, Brushton station, fronting 40 feet on 1
Srazier street by l5O feet to Braine street, to
VTHd arraG fnr~ 4