Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-21

acting under their authority, to provide tne
agricultural interest, which was suffering
greatly for the lack of them. In comment
ing upon this, broker remarked: IA change
In our laws that will make the collection or
loans on land as certain, as prompt ana as
cheap as the collection of loans backed Dy
Government bonds or railroad stock will
bring about the same result in the United
States"
More Homes for the People.
At a meeting of the directors Of the Pitts
burg Land and Building Company at the
Office of Straub & Morris yesterday after
noon It was decided to begin at once the
erection Of number Of houses in Schenley
View place. The company will ask for bids
in few days. Improvements of this kind
are much needed in that part of the city,
where the demand for houses is and has been
supply. The company deserves credit for
its enterprise.
Residence Property Enhancing.
Among real estate sales of tho week was
one by M. F. Nipple Co. They sold to .
prominent business man, who will at once
build a handsome residence on it, for the
executors of the estate Of the late James
Caldwell, a lot 6215 feet by 22S, on the west
side of Negley avenue, near Penn, for $6, 700,
or nearly $40 a foot front. Good residence
property Is steadily enhancing.
A Windy City Scheme.
Chicago has big thing on paper. It sur
passes in magnitude anything of the kind
ever before planned in the West, being the
establishment of a gigantic freight clearing
house in that city. 1t is proposed to erect
buildings of sufficient size to accommodate
the population of a fair-sized city. One hun
dred and fifty structures, each six stories
high, will be put up. They will all be erected
on the same plan and connected with each
other. The cost will be about "a, 900 600, and
Is to be paid by syndicate.
Business News and Gossip.
A number Of important deals in real estate
were consummated and reported during the
week The lot market was active. Nearly
all the brokers reported improvement in
business.
1t is understood that President Noroross,
of the Pittsburg Female College, favors the
purchase of the Vandergrift property as a
permanent home for the institution.
There is good opening for a fine business
block on Fifth avenue, extending about 15o
feet east from Masters alley, and II one
should be erected there within year or two
no one need be surprised, having been fore
warned.
straub & Morris have Just laid out plan
of lots at Grafton for Mrs. Jane McMunn, to
be known as Baldwin terrace. They will be
put on the markst this week.
u
ment in the demand for suburban property,
especially good residence sites, which are
easily marketed at fair prices. They have
orders for such from several outsiders.
chester Traction could be made ready for
business by July l, and would be if Councils
adhere to their refusal to extend the time.
On call yesterday 2o5I was bid for Birming-
II; 3s7s for Manchester offered 8911k, and so
per cent for Electric scrip.
Silver was the feature at the opening Of
the New York stock market yesterday. First
transactions were at an advance of u per
cent. London did very little. Stocks were
fractionally higher, but business was wholly
professional.
The news Of the growing crops continues
be made out of the slight damage in Kansas
but this covers such a very small area that
it is of no consequence at all. The winter
wheat is being harvested, and Is showing
both in quantity and quality TO be excep-
tionally fine.
Fourteen lots were sold at Kensinston by
the Burrell improvements Company yester-
day, aggregating $I1, ,59l. The Allegheny
Valley Railroad has commenced lowering its
tracks through this property. The cut will
be about six feet, leaving. the ground nicely
elevated above the railroad.
The Building Record.
During the past week Is permits wers
issued, representing % buildings-25 frame,
brick and 1 iron6lad-the total oost Of ali
being $S5,ST. The Nineteenth ward led
with buildings, followed by the Thirteenth
with 4.
vious week was 80, representing x3 buildings
the estimated cost being $S217s. Number of
buildings for which permits have been is
sued this year to date, L437.
Only one permit was taken out yesterday
John Bell, for frame two-story dwelling,
Co,, 1,r.o o%r Eifrht \,
81, 400.
Movements In Realty.
John K. Ewing & Co. seld for Mrs. N. d.
each, on Smith avenue, within one square of
the proposed California Avenue Electric
road, being Nos. 2 8, 4, 8 and in Mrs Wat
sons plan at East Bellevue, for $500. The
purchaser intends erecting handsome resi-
dence at once.
Black & Baird sold In E1lwood lot No. $40
to s. French for $500, lot $50 to Jerome J.
Hyde for $500, lot 546 to NJ. s. Telford for s576,
lot 929 to Richard Laird for $500. Blatt &
Grove, who have large hardware store at
Ellwood, recently purchased lot S75 for $500.
1t was sold yesterday to DR.. Dobbinspeck, Of
New Lebanon, Pa, for $3.50. The doctor will
locate at Ellwood and build an Office and
residence on this lot
Baltensperger 6 Williams sold lot No. a
III tn6 w elnuldu pldL, oOutuefu avenue mC
Washington, being 25x115, to James Paul for
5000; $40 cash and S. per month. Lots in this
plan are selling rapidly.
NJ f. Nipple 6 Co. sold for to Frank
a hot 2Ox1O0 feet, on the west side
of Downing street, being No. in the Dick
son plan, Thirteenth ward, for $475 This
makes the fifteenth lot sold in this plan
within two weeks,
A. q. Byers & CO. sold for the Ridgeview
Land Company, to E. L. Bechtold, lot No. 81
in their plan, Eleventh ward, Allegheny
City, having frontage of 25 feet on Fleming
avenue and extending through 12o feet to an
J. E. Glass sold for A. C. Watkins to J.
Dibald lot No. Y, in Allequippa place plan,
for $3.50.
Peter Shields sold for the Schenley Park
Land Company to NJ. F. Keeny, a lot 40xl30,
on Gladstone street, for $500; also to John
Scheldise lot 25xl00, on Haldane street. for
$365, on monthly payments.
George Schmidt sold to Oliver Harrison 40
x10l feet on Lookout avenue, in his Eureka
Place plan, Oakland, for $500. Mr.. Harrison,
who has just come to Pittsburg, will erect a
fine residence for himself.
Glen Mawr Park plan Of lots, Q beautiful
suburban residence place, will be open to |
the public in few days. Sec next Tuesdays
paper.