Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-09-20
THE WEEK IN TRADE.
improvement Not Meteoric, but the
Trend Steadily Forward.
VALUES SHOW A STRONGER FRONT.
Limits Within Which Wooden Buildings
Are Under the Municipal Ban.
AN Observation-Disclosures FOR

interruption during the week. Locally
there we're one or two ur,canny occurrences,
which caused ripple of excitement in
business circles, but they had been dis
counted and did no harm. The,monetary
situation was clearer and more favorable.
Considerable gold was received from Eu-
rope. Orders for iron came in literally.
Wheat exports were the largest on record.
Railroad earnings increased Real estate
was active and building operations almost
up to high-water mark. But better than
all, confidence was strengthened. This was
a distinct gain and cannot fail to exercise
refreshing influence upon every industrial
and commercial interest
The agricultural situation has dominated
the business and financial interests so COM
pletely of late that the condition Of leading
manufacturing industries has been almost
lost sight of for the time being. Predictions
have been freely made that the large grain
crops and the rapid movement and export
agricultural communities, and in turn show
an improved demand for manufactured
articles, and so produce renewed and wide
mess. Pittsburg has nothing to complain
OF and much to expect.
W. @. Beringer & Co. are about closing the
sale of piece of vacant property to one Of
| the local railroads The deal involves about
| $4,000. Transportation companies are 30
| crowded with business that they find 1t
necessary to increase their facilities for
handling 1t. This speaks well for Pittsburg.
The fire limits of the city OF Pfttsburg as
defined by city ordinance and act of Assem-
bly,, comprise all of the First, Second, Third,
To, ,-%l, r;,k,A O,,kl,
Eleventh, Fourteenth, Fifteenth, Sixteenth
and parts of the Tenth and Twelfth wards.
All of the Thirteenth is outside. On the
Southsids they embrace all the territory
lying between the Pittsburg, Virginia and
Charleston and Panhandle Railroads.
Wooden buildings are prohibited within this
territory unless specially authorized by the
Board on Wooden Buildings, which Is COM
posed of the Building Inspector and SUPER
intendent of the Fire Department This
board meets on Wednesday of each week in
City Hall.
Architects are busy with small bufl dings,
but have very little of special Importance on
hand. Half a dozen plans for an important
public institution have been completed and
a selection will be made this week. Mr.. j.
w. Oferman has made designs for four
| story fat, or apartment house, at the corner
Of Center avenue and Devillier street, for
Mr.. George Jeremy, the undertaken. 1t will
have all conyeniences including an ele-
vator, and will be furnished this season.
The cost will be 0,000 or more. He has also
made plans for fine dwelling at Ingram for
Mrs. Batten.
The Citizens Street Railroad Company
has been organized at GAINESVILLE, O., with q
capital of $50, 600 and r. N. Townsend as
President. The road will be five miles in
length and may be extended to points out
side tho city. Motive power will be cleo
tricity.
Here is an illustration of the way In which
real estate is going to sticks" An owner
Wylie avenue, whose property IS worth, on
a fair basis about sS 900, fell into the notion
that everybody wanted it, ant put the prioe
up to s, 600. After holding It for somo time
he yesterday accepted the price first named.
This is a big drop, Of course, but 1t should be
attributed to extravagant ideas. He got all
his property was worth. Reasonable values
are as firm as the hills.
The September corn deal which wss pefng
engineered by New York eoperators in the
Chicago market is a failure. The clique was
overwhelmed with corn which they sup
posed was not in existence.
Business News and Gossip.
The Stewart farm is tied up by the owner
Of q one-third life interest. It was the in
tention to plot it this fall.
Pennsylvania Railroad people are talking
of improving their property In the vicinity
of Penn avenue, Williamsburg. The borough
authorities should cooperate in this work
Baxter Thompson & Co. sold 1S lots in the
Ruch Place plan during the week. Selling
at Blaine and Kensington was lively.
Wall street finished the week active and
decidedly strong. London was also buoy
ant.
1t is stated that the Philadelphia division
OF the 3. & y. is earning fixed charges Bal
timore and Ohio Southwestern earnings,sec-
ond week September, increase 81 900.
Philadelphia Gas was most active IN the
trading last week, 1872 shares changing
bands. CHARTERS Gas was next with $50
shares. =.
Six hundred shares Of Chamoers-McKee
Glass Company stock will be sold tomorrow
morning by John d. Bailey at his office in
the Exchange building.
A block of six dwellings VIII soon be
started on South street, Williamsburg, below
the railroad
Nine Mile Run, near the river, has been
abandoned. Twenty acres were purchased
l. ca c. Yoder % took out a permit for three
houses on Murray Hill avenue, instead Of
one, as stated.
Interesting Developments in the Ale
gheny postoff1ce matter are expected in
short time. So says an insider.
1t is understood that the annual report Of
the Northern Pacific Railroad Company will
ferred stock after the payment of all fixed
charges.
On call yesterday ssA fat was bid for Biz
mingham bonds. Pennsylvania Plate Glass
was offered at9g.
The Building Record.