Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-04-04
THE TRADE CENTER.
1t Is Too Restricted to Meet Present
Requirements and Should
TAKE In OUTSIDE TERRITORY.
The NeSsrs. Kaufman Adding Another
Story to Their Large Building.
FEATURES OF LOCAL SPECULATION

A rumor obtained considerable currency
yesterday to the effect that the Messrs. Kauf
mann were negotiating for the purchase o
the remainder of the block in which thei
mammoth building is situated, thus taking
in everything down to Diamond street and
around to Power Hall. Mr.. Jacob Kauf
mann was asked for light on the subject
but he threw cold water on the story by say.
ing it was news to him. He remarked, how.
ever, that the matter was under considera.
ton year or two ago. but was abandoned
on account of the exorbitant price at which
the property was held.
The report, no doubt, grew out of the fact
that they are going to add another story to
their building, work on which will begin al
| once. This, they think, will give them sufh-
cient room without spreading out along the
street.
Business Requires More Room.
1t is desirable for several reasons that the So
| called business center" of Pittspurg be en-
larged. 1t is too small to accommodate the trade
that is struggling for foothold there if moth
ing could be done anywhere else. That this is a
| fallacy is shown by the success Of those who
have been snterprising enough to leave the
charmed circle and locate in other parts of the
would open the way to necessary lmprov ements.
and thus be direct benefit to the city. Old
buildings would be taken down and good ones
be put up.
But a still better reason for the enlargement
of the business center is that it would disabuse
outsiders of the opinion held by them tha t
there are only about a dozen So uares in Pitts
burg worth locating IN. Aim ost every real
estate agent In the city is in receipt of applica-
tions for business stands, all coupled with the
proviso that they must be down town and on
Fifth avenue, Market, Wood or SIN mithfeld
street. and when informed that there are no
openings Cd these streets. they give up the idea
of locating here. In this way the city is a
loser.
The demands of business are SO urgent that
concentration in a limited area is M longer
possible. and the sooner this facs is recognlz cd
the better for all concerned. There are many
good outlots. The rive. fronts offer superior
advantages to the produce trade. The streets
bounding the new Postoff1ce present excellent
openings for stores and shops Of all kinds.
Grant street is full of opportunities to enter
prising tradesmen. Electric and cable cars
bring people in from the suburbs over nearly
all the streets, SO that the flow of travel is
longer restrict ed to one two points, as was
the case when the steam cars were the only
dependence. One street will soon be as good
as another.
The direct effect of the extensioa of the
business area. and the one most desirable will
be the demolition of a large number of
slightly structures ami the substitution of a
class of buildings that Will add to the credit OF
the city. Out tiders will come in and business
of all kinds move forward with fresh impulse.
No one doubts the superiority of Pittsburg as
manufacturing and commercial center. Given
a fair chance her record for the mex decade
will eclipse all former achievements.
Business News and G ouio.
Owing to the continued bad weathe' and the
lateness Of the season work on the proposed
tannery at Brushton will not be commenced
before fall
Mr.. Andrew Mellon has broken ground be-
tween the Pennsylvania Railroad and Ellis
worth avenue. Twentieth ward, for so modern
dwellings They will be put on the market as
soon as completed
There is a demand for rooms and on ces on
Fourth avenue, between Smithfeld and Grant
streets. 1t is believed good office building as
near the postofficeaas poss ible would pay.
Quite number of the most active real estate
agents are still down with the grip. Trade
suffers from their absence.
OIL traders hope that a return to the cash
system Will stimulate trade. The experiment
is worth trying ANY change must be for the
better.
The largest MORTGAGE. on the Recorders file
yesterday was for $4,000. Seventeen of A we're
for sl,0O0 and under. Twenty-three were for
purchase money.
hODeTL i. SarOtneIS mas SOII TO the keystone
Brewing Company a lot with good business
house thereon, in McKeesport, for &c, ,O0e
A seat in the New ork Stock Exchange sold
yesterday for Sl7,5OO. Seats in the Pittsburg
Exchange were offered at s420 and S425.
The Building Record.
The following permits for the erection of
new buildings were issued yesterday:
Charles Duke, brick two-story dwelling I7x2O
feet on Miltenberger street, Sixth ward. Cost,
$1,000.
David Scott, frame two-story dwelling ls1ls
feet, Morgan alley, Twenty-third ward. Cost
$780,
Jacob Pffe frame addition one-story store
9xl6 feet. Bradford street, Twenty-ninth ward.
Cost sl44
Charles Vessel, frame story stable 24x40
feet, on Riverside street, Thirty-fourth ward
Cost, $500.
j. W. Carnahan. frame two-story dwelling
l7x25 feet, on Howe street, Twentieth ward.
Cost $500.
Theodore Yollman brick two-suory and attic
dwelling 20x3l feet on Foriy-third street
ward. Cost So 100.
John Symborski frame one-story dwelling. 18
xS2 feet, on Shirley street, Twenty-seventh
ward. Cost. s4G0
xs2 fert: Brereton avenue, Thirteenth ward.
Cost, 1925.
Movements in Realty.
James W. Drape & Co. closed out an interest
in large piece of real estate, with buildin gs
and offices. on the Southside, for $4,000 cash.
sold property on Sherman avenue. Allegheny,
lot about 25x54 feet, for s., 500
w. Z. Beringer d Co. sold for John Faeffner
to Lewis Gordon, two two-story brick houses,
on the corner of Clark and Scott streets with 1
lot 37x4S feet, for $500.
S. A. DIckie & Co. sold for ]. W. Kirker to |
r. L. kester the vacant property on the south |