Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-07-11
Returning Activity Makes q Favorable
Impression on Local Stocks.
OFFICE AND STREET NEWS AND GOSSIP

correct to say that values have deprecated
since that time, but 5000 foot front is now
considered about the top price. This shows
that the people who are Transforming Pitts
burg from brick to marble are coming tC
the front and asserting their right to the
possession and enjoyment of the best.
As Good as Last Year.
Inquiry and investigation make it cleal
beyond cavil that the real estate market il
in healthy condition, with business steadi
ly picking up. Sales of lots exceed those fol
the same month last year, while large prop
critics are moving almost as freely. That
owners have confidence in the future il
shown by their refusal to make concessions
Buyers are cautious. This is good feature
They want and demand full information be
fore shelling out their cash. This is in graft
flying contrast with the booming times along
in the seventies, when hundreds OF lots were
purchased without examination and in many
cases with no distinct conception of theil
location and surroundings. There is very
little speculation, buying for use being the
rule This means the improvement OF
a9as tbsp part Of the and cane
lines. Capitalists are not building
fast enough for the people, who are deter;
mined to have homes, If they have to build
them themselves.
Business News and Gossip.
There are many good openings for manu-
Mr.. Westinghouse is confident the reor-
ganization plan will be adopted without op-
position next Wednesday. Outsiders, with
few exceptions, think so, toe.
The Akron branch of the Baltimore and
Ohio Railroad is finished; it will open for
business July Is 1t affords the company a
valuable cutoff for its through Western
trade. 1t is 81 miles long.
j. 2. Wainwright has been elected Presi-
dent of the Arsenal Bank in place Of S. j..
Wainwright, deceased.
Hooking Valley officials attribute the in
crease i'll earnings to the building up OF
local traffic and to a heavier coal tonnage.
The opening sale of lots in the new town
of Blaine will take place next Thursday.
Hon. James G. Blaine owns 500 acres of
coal land in the vicinity of Elizabeth. The
report that he had sold part of it is denied
The Baltimore and Ohio Railroad has con-
tracted to carry 600 carloads of wheat to
Baltimore this month and next.
Drexel Morgan & Co. report slightly bet
ter inquiry for bonds.
The Retirement of Mr.. N. W. Stevenson
from the oil business has been mentioned.
He is now part proprietor of the kinzer &
Jones foundry, having purchased quarter
interest through the brokerage firm of Kuhn
Brothers.
James Rivers and G. W. Kettenberg will
soon commence the erection of two nice
dwellings, on LOCUST street, w
Kuhn Brothers yesterday sold ten shares
of Exchange National Bank stock at S71a-a
fraction better than the board price.
The surplus of the Pittsburg Petroleum,
Stock and Metal Exchange, as reported by
Treasurer John B. Barbour, is $l7, ll9 81.
The Safe Deposit Company and the Ger
man Fire Insurance Company announce
their annual dividends.
London and New York were better all
around yesterday. There will be no London
maj ket to-day on account of festivities in
honor of Emperor William.
Kallroad earnings continue to snow gains.
Wheeling and Lake Erie, first week July,
increase $l,575. Milwaukee and Northern,
first week July, increase $7,724
The Building Record.
Permits for the erection of the following
buildings were issued yesterday:
John Esherich, brick two-story and attic
dwelling, 17x32 feet, on Natrona alley, Eight
eenth ward. Cost, 81, 500.
John Hill, frame two-story dwelling, 20x32
feet, ON Dilworth street, Thirty-second ward
Cost, $500.
W. J. Simmons, frame stable, 12x1s feet
rear Industry street, Thirty-frst ward.
Cost, $2O
Albert Beckett, frame two-story and attic
dwelling 26x30 feet on Hailinan street,
Twentieth ward. Cost ST. $50.
T. NJ. Simpson, five frame two-story dwell
ings, 16x2s feet each, on Apple avenue, Twen-
ty-hrst ward. Cost, So, 600.
h Anderson, frame tWo,story dwelling, "a
x30 feet on Watt street, Thirteenth ward.
Cost, 81. 500
Hinnick Rausch, frame two-story dwell
ing, l7XSa feet. on alley near Kirkpatrick
Anna Ayinger, two frame two-story dwell
ings 17x30 feet each, near Rebecca street,
Nineteenth ward. Cost ST 400.
Movements in Realty.
Black & Baird sold for Edward Abel to
Charles \. Turner a fine residence property
on Duquesne Heights, being two-story
frame house of eight rooms, with lot having
a frontage of 60 feet on Grandview avenue
by depth of lS7 feet to Plymouth street, for
81 500.
S. A. Dickie Co. sold for T. c. Hosack to
John Liljegren three lots on Frankstown
avenue, Brushton. each 40x137 for s., ,640
Liggett Brothers sold two lots in the Nc
Gonnigle plan, Twenty-first ward, for S4OO
each.
A. j. Pentecost sold lot 229 in Pentecost's
plan, Valley View, Bower Hill station, for
SI50. Twenty more houses are to go up on
Reed B. Coyle & Co. sold lots IS, 40, 81 and
Pittsburg Ft. Wayne and Chicago Railway
being 60 feet OH Riverview avenue and eX-
tending back 40 feet to Merwyn avenue,
preserving the same width of GO feet
Magaw & Gof, Linn, sold to Mary A. Shall
lenberger q lot 24Xl0O, with a frame house of
i've rooms, fronting on Park avenue, Etna
Park place, for 81 go.
James w. Drape & Co. sold a lot 30xl2O feet
near Brushton station, East End, and lot
in Allegheny contiguous to East street, for
So 2IO cash; also, a piece of property about
l50x275 feet, for manufacturing purposes on
a line of railroad, Seventeenth ward, city,
for So, 600; also, fine residence property In
the city, of which particulars are withheld
for the present, for figure approximating
$S0,0 ,00o
The Burrell Improvement Company sold
the following lots at kensington yesterday:
TO Melton Diebold, of Pittsburg, lot 1877 in
block Z, for S276 %: Conrad Dippel, of Pitts
burg, lot $50 in block I, for $2f6 %: Andrew
Labow, of Creighton, lot IA in block Z, for
S243 IS; Michael Fossam, of Creighton, lot III
in block Z, for $243 70: Joseph Tobolski. of
Pittsburg, lots 81 and 81 in block T. for S977 so:
Stanis!aus Nadolski, of Pittsburg, lot 95
in block Z, for $IsS IS; Frank Tuchoski. of
Pittsburg, lot 123 in block 6, for $4SS 75;
Joseph Lazarsky, of Southside, lot l4l in
block 6, for $4SS IS; Patrick j. Wallace, of
Pittsburg, lot 81 in block 5, for $685.: James P.
Mulorhill, of Pittsburg, lot so in block g. tor
$685.; Nick Diulus, of Pittsburg, lot ia in
block J. for $243 75. and 90 in block 4, for $685..
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