Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-10-30
SIGNS OF PROGRESS.
Increasing Business Compelling Rail-
roads to Enlarge.
OPENINGS FOR SMALL TRADERS.
Homestead a Good Illustration of Suburban
Growth and Prosperity.
FEATURES OF MONEY AND SPECULATION

1t is stated that the Panhandle Railroad
Company will put down two additional
tracks between Birmingham station and
Mansfield, making it a four-track road be-
tween those points. This Improvement is
rendered necessary by the increase in the
coal traffic to the lakes via the Ohio con-
Meeting bridge, and also by the growth of
business due to the opening of the McDon-
aid oil field.
The fact that all the local roads are en-
larging their facilities for transacting busi-
ness must be accepted as proof OF the pros
porous condition of this community.
Relief for the Business Center.
The business area of the city is being en-
larged in a way which, while it affords
much needed relief. causes no disturbance.
| The suburban march of trade has become an
| important as we'll as a conspicuous feature
of Pittsburg. The rapid development of
the outlying districts has enlarged the field
| of business enterprise. Stores and shops
| follow the movement OF population, ana
! there is scarcely community, however
newly formed, that does not possess trade
center. where staple articles may be OBJ
| tanned. This is a great convenience to large
numbers of people, and is in no wise detri-
mental to downtown merchants, since they
furnish the supplies. There is trade enough
for all.
The dispersion of business has been fol-
lowed by good results. 1t has removed con-
siderable pressure from the congested
| quarter of the city and by making room tor
large interests elevated the industrial and
commercial Importance of Pittsburg. 1t
hae L. hUcI
field, augmented the trading class to the di-
rect benefit of consumers, and materially
assisted in building up the suburbs.
Country life with city advantages, is no
longer a sentiment but reality. The
movement will go on until not only stores
and shops, but hotels, theaters and market
houses will arise to contribute to the COM
fort and pleasures of rural existence. The
prospect is pleasing one and is strong
factor in estimating future values of real
estate.
Progressive suburb.
The fourishing condition of the nearby
towns is good evidence of the soundness of
the business situation in Pittsburg, since
any serious trouble here would react upon
them. Homestead is a conspicuous example
of suburban prosperity. Real estate has
enhanced more than 100 per cent in three
years. NlduI UuSlucSS anu uWO11lIlS AOuSSo
are going up. Sixth street has quite a city
like appearance. A large hotel is talked
of The steel works are being enlarged.
In conversation with the Secretary of the
Munhall Land Improvement Company yes
terday he said: "Andrew Carnegie told me
last summer that in his opinion Homestead
would in few years outrapk Braddock as
business center. 1t had plenty of room in
which to grow, and its advantages were un-
surpassed. He said his intention was to
keep on enlarging his works there until
they become the largest in the world"
The place certainly has bright future be-
fore it.
l. Business News and Gossip.
The Philadelphia Company will, in few
days, begin drawing supplies from two new
lines-one from the McGahre field and the
other from Findlay township.
A number of real estate brokers spoken
to on the subject yesterday were of the
opinion that the sale of the Government
property would be ratified by the authori-
ties at Washington.
The Allen school district proposes to
issue S35, 900 of bonds at 8 per cent, $500
eech, payable two bonds each year until all
are redeemed.
An electric light company has been
formed at Elyria, O., with a capital of
$4,000.
1t is said large Office building will be
erected on the Magee lot corner Fifth ave-
nue. and Grant street, just purchased by W.
G. and d. Z. Park.
The annual election of the Allegheny and
Perrysville Turnpike Road Company will be-
held November g
Duquesne Traction is receiving support
from some quarter. On call yesterday it was
Bond quotations: Pi.tsburg Junction, first
mortgage IS, 1921, III bid. lis asked: Citizens
Ira ctinn S. 1o5 bid, LOG asked; Pittshurg
Traction IS, 1881 bid.
Movements in Realty.
A. j. Penteeost sold a lot 15xl7, on Federal
street, Allegheny, for the estate OF Charles
Grubbs. for 81, SIS.
James w. Drape & Co. sold lot in Will
kinsburg, near Pitt street, 3Oxl24 feet, for
s., 600; also an interest in three houses and
lots in Sewickley and McKeesport of s., ,70O
Reed B. Coyle & Co. sold for the Bellevue
Land Company lots Nos. Is and l6 in their
Sunnyside plan at Bellevue, Pittsburg Ft
Wayne and Chicago Railway, fronting 100
feet on Bayne avenue and extending back
$50 feet along Rodgers avenue to an alley, |
for $1,000. The purchaser has planned for
the erection of a handsome residence.
J. E. Glass sold for A. c. Watkins six lots
in the Thirteenth ward, in the E. P. Jones |
plan, for 81 ,s00. |
Mary i. Frederick a lot on Meyran avenue, |
Tenth ward, Allegheny, 25xl25 feet, for $3.50. |
S. A. Dickie & Co. sold for W. W. Reed to |
Mrs. c. C. Hodel a lot Gerritt street, |
Twsnty-first ward. S0xl20 feet, for $780,
The Burrell Improvement Company re- |
port the following sale of lots at Kensing-
ton: Chambers o: Miller, wood, Pa, lot |
l46, block 6, for $3.50; Frederick A. Pilgrim, |
Sharpsburg, Pa, lots 7a and 73, block Z, for |
81, 200 cash; william NJ. and James A. Stew |
art, Pittsburg, lot 1925. block z, for 1915.
A. Leggate & Son sold at auction, on the |
premises, Beaver street, Sewicllley, the resi-
dence and grounds of j. Kidd Fleming, ESQ,
for $4,000 This is one of the most desirable
and well-built properties in that beautiful |
suburb on the Fort Wayne Railroad
Samuel w. Black & Co. sold for the Hegner
estate, of Sewickley, fine fruit farm of |
seven acres, under cultivation, situated one |
mile back from Osborne station, Pittsburg, |
Fort Wayne and Chicago Railroad, for a
price approximating s., 600.
feet front on Heron avenue, one square
from Wylio avenue, street and sewer i'm
provements made, for $685. being four lots
sold of the same property, on the same
street. in the last few days.
j. Z. Allies Bros. & Co. sold for A. A. Allies
to William T. Nicholson lot 81, Allison Park,
on Grand avenue for $50.
Charles Somers & Co. sold for E. p Jones
to John Clark, lot No. s93, in the Z, p. Jones
plan, Thirteenth ward, fronting 30 feet on
Jones avenue and extending 66 feet to Arch
street, for $3.50.
The Building Record
Six permits were issued yesterday for
eight improvements, all estimated to cost
S26, 500.
Thomas Ulam, stone and brick two-story DWELL
ing, Wsllingford street, Twentieth ward
Cost, S. 600. +. E. Schenck, brick two-story DWELL
in On NpOlp Txrap fx--c |