Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-09-19
THE TREND OF MONEY.
A-Local Bank Official Takes No Stock
in the Bearish Talk.
BRISK TIMES OUT BUTLER STREET.
Projected improvements of Importance to
the Downtown District.
HOW THE SPECULATIVE PULSE BEATS

lations of level-headed fnanciers. A lead
ing bank official talked in this strain yes
terday: ''While we are conservative anc
closely scrutinize all paper offered, we have
no apprehensions ola tight market. There
were indications of this when the crops be-
gan to move, but the danger has passed
Farmers are receiving money for theil
products and are putting it into circulation.
Money is returning to the banks and gold is
coming back from Europe. How anyone
can expect tight money under such circum-
stances is more than can see. think the
country is entering upon a long period OF
prosperity"
The near completion of the electric road
to sharpsburg is stirring up things in the
vicinity eff the bridge. This has always
been neglected quarter on account of In
adequate means of locomotion.. But the GER
tainty of rapid transit has produced radi
cal change. Apathetic land owners are
putting their property on the market, and
buyers are improving the opportunity to
invest. 1t is estimated that at least 100 lots
have changed ownership in this district
within month, Nearly all of them will be
built on. About 80 houses are under way.
The benefit of rapid transit has few illus
trations SO forcible as the change it has
brought about in short time at the upper
end of Butler street
**x
The Pittsburg Exposition is of great i'm
portance to the business interests of the
city. Its benefits are felt by all classes OF
people. What it Is doing for this locality
the Columbian Exposition will do for the
country, II VIII hot only orihs 'nousanus
1 peoPie IroIh oHher countries InC1 @ VIC
IiS ~ otaIes, put ~ VIZ sonu " ,n VIC
seekers across the Atlantic tn Fnrone md
keep at home for one season at least the
hundreds of thousands of dollars expended
oy sraveilng Amerlcans TO enrion ele hotels
Several projects for downtown improve
nan.s ora nnder consideration TT thay go
,, ,. - ~ - =
n.. 'uey VIII aou lh"setiat,S ny W 'ne a.
chftectural appearance of the quarter
bounded by Grant and Snlith1lcld streets
and Sixth and Fourth avenues The only
ona Of +basa +bo+ Is hovond dopht will ha an
o:.I,e 80. So - I,.,sIS;> r;e.h a--o,a
elShe-story oincc pulioiuS Oh rhbh avenue
four or five wealthy people, who several
months ago decided to erect the kind of
Dullolng noleateo. WORK on u VIII Degin il
carry knnther imnrovement of which
there is LITTLE donbt inyoIves a business
block on q prominent corner little nearer
the Court House. MIR. John Shaw says the
deal for the Speer property, on Duquesne
way is progressing favoraoly. IL tls conslo-
erea tne most eIlgiole locatloh In tne rowe
part OF 6ne clty LOT large no'ei, anu Is
"ah'eu iof 'ia' PURPOSE
-. nas as, oeIn pi.. ponseu ouS on 80 80, oo.a
80, O'l'.V -. .i,,- g., =. 49, aa. L.
- y rst of tba ,,a,,,,a..ntot t;,-a ,,;ooS In Now
W. Tha Ia tf,a n,.s1el nniidiUo stonds
ON the southeast corner of Wall and Rroad
straats when Iast sold in 1870 brongbt the
h,ba.. ,,r.oa onr,ond voc a,,ar cold fo,. II,
esC piiT IT, i.ta ,a" W,taH "1 e yondauhiI. @ at H.
'. $40 sr,,'aso g.. Co... t,,a 1and ~
which the Vanderbilt mansions stand. In
1856 s65 per square foot for the land on Fifth
avenue ON winch stores stand u. "; Mills
Palu P 90 po ,s, n,.,od ID h .ha M;fI
huiIdinS The Istors Maid SIo0 ner sonare
foot for Nos. and 10 Broadway. The Will
iamsburg Fire Insurance Company sl15 per
square Iooe Ior sne site o. e oneir nI pIuP1ulng, Pg,
waT '"N
So
Mr.. C. H. Love, who is q close student of
+ha -oo1 osto.o ,,orl,at cot, ro,+ord,
'." ene teai es'a'o ~ nnai ~ ., Saiu Sesle,uay'
Gooo crops IN ali parts OF the country nave
induced feeling OF confidence among bus1-
ness men which is seen and felt in all lines
real estate Iti healthy ami active sales
49,. oo - - .'.",," ors
WltnlE tne las! oo uays nase oeeh unusually
large. GonuIhoIls a.e So oiahoIaple-Gne ciGy
is growing so faploly.tnat IL Is no WONDER
tne lnarket rs actlVe anu -hrih' IL "oulo De
surprising IL IL were iios
Business News and Gossip.
1,bere are obout ooo stores and sbo,s ~,
DIV neie a,e - Ta.Ho, Uoo, tho pni". 81 'nop' . On
Penn avenue between the folnt and the
Forks.
The Baltlmore ana Onlo nscal year Just
ehoeo slo" tua' S'le oouip'ny eathou ~ per
eenU On 'iie ''o'N' Ano 'eii oi' iueno may
oe maui
NJ u"nA ean - o"o Uo ee'euiisheu III
oanaua mi'n iese Vi."i S-'O'oVo oapiIal'
ino VIZ" UVunVS p"hy, Vi
'" 20 % oon I,''' ooen ii0'i por"'eo
Will 1,il d ,S.a Sap Ia-o VI soO'Ooos c
Lue oi'S He:,S S oohpah!' ol
Dai'iniofo' nus oeoioo" w i"S ''oio' oii i's
system,
he.al. ,neroii''h's ~ ropoi. 'nt' VI iaue III 'nelr
lihe is luliy as sooo us ias' } car a' VIC same
'iine, +,, ros..-dor nroreSna ro
aA' n. w "+yoaa ~ I.II 1;r,,.;a,.,'n ~
and Manchester at ~ rs ''' -'72
The Mount Oliver Incline Plane Company
is in the market for its bonds, but holders
think they are good enough to keep.
me CnarIlers hail%ay company an
diuidend no orabie 0ctoherI POI 'eh'
Alexander Morrison and others have ap-
piled for charter for the Ohio River I'm
provement Company
IiLtseSrg anu mts.erm earntinSs' rIt ns' second
"Tsh viii ~ @ I,a ,n'rn5 r.iso, VIZ
Nnllaih beahe mas purchasea from D.. w:
afro ArI3tt U noISe y, nos aho io' al the IWehty-nrst
Waro. Ior T'ZoI; .
.I.e o.ies :" DapH atpt ~ .yeS5te[udS soIu
aho.her % lnehDership IN tne Z FsttsDurg Dr1VlnS
AIN Associa'ioii a' Spo'iai heure.
Movements in Realty.
J,n,es w Drama & 70 sold tho borso d
- ~ 80 'N1 No"so anu