Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-01-25
BETTER ALL ROUND.
Trade Slowly Picking Up and Busi-
ness Men Think all Is Well.
SOME GOOD REAL ESTATE DEALS.
Plans for the improvement of the Schenley
Property at the Point.
THE DALzELL LAW BUILDING TAKEN

THE DALZELL LAW BUILDING TAKEN.
There is nothing wrong with real estate
It is not moving as promptly as some over
sanguihe people desire, but that is due to
q Misrepresentation on the part of some OF
the buyers. They thought the financial
crisis at the beginning of the year would
send property to grass, and have been wait
ing to hear something drop. They are just
finding out that they were mistaken, and
are again coming into the market. During
the week 48 transactions were reported in
this column. Last week 30 were reported,
and 49 the week before that, making total
of $50 sales so far this month. This shows that
real estate is pretty lively commodity.
On Penn Avenue.
It isreported that the Conley property on
Penn avenue, near Seventh street, Is about
| changing hands. The lot is valuable, but the
improvements are of little account
A Legal and Realty Move.
Nearly all the rooms in the St Nicholas
block otherwise known as the Dalzell Law
Building, have been taken. Reed B. Coyle q
Co. have assumed the management OF the
building, and will occupy the TWO corner rooms
on the first q oor. on or about April !. Up to
the present time the following well-known at
torneys have secured rooms: Dalzell. Scott q
Gordon. John McCleane, D. T. Watson, Will
liam L. Pierce, W. G, Moreland, A. Leo We'll.
Arthur Kennedy, D. @. Ewing. George r.
Lawrence, L. n. Plummer, D. 9. Craig. Clar-
ence Burleigb, ]. R HARRISON, Willis T. Nc
Cook, Pier Blair. and s. A McClung. The
building contains 78 rooms, all Of which are
leased except about Is. and options for most OF
these are out. 1t is probable that a leading in
surance company will locate on the first floor.
To Improve the Point.
It seems the suggestions for the improve
ment of the Schenley property at the Point in
last Sundays DISPATCH have started consider
able inquiry In this direction by business firms
and individuals. On Questioning W. A. Heron
& Sons yesterday as to whether any applica-
tions had been made for leases 1t was learned
that two gentlemen of means had called to see
what arrangements could be made to improve
some of the Penn avenue front, near First
street, with block of iour-story warehouses.
AS soon as surveys can be made and plans OF
the buildings prepared these structures will be
put under contract. 1t is safe to say that
great change will take place in the Point dis
determined effort is o be made by Mrs. Schen-
,ley's agent TO bring about this result
%<
A Deal In Residence Property.
A piece of improved property on Neville
street, near Bayard, Fourteenth ward. was
picked up yesterday. the consideration being
$4,000 The lot is 69x240 The building Is
good two-story frame of 10 rooms. 1t will be
occupied by the purchaser as residence.
$50
As to Natural Gas.
There seems to have taken place within the
past lew days quite change in public opinion
as to the desirability of natural gas This is
| stocks. Philadelphia company shares are in
demand at higher figures, and Manufacturers
Gas is held at 2S against l6 and II three months
ago. There is no reason for this reaction in
sentiment The old gas fields continue to give
out good supply, and new ones are beng
three wells recently tapped are rated with the
best in the Murraysville district. From the
best evidence at hand it is not going too far to
say that there will be an abundance of this fuel
for domestic purposes for years to come.
State Of the Weather.
The weather during the past week was, for
the most part, disagreeable. but not worse than
the average for the winter season in this
climate Outdoor operations were curtailed to
some extent but the volume of business ex-
ceeded that of the previous week. Monday
was cloudy and cold. Tuesday partly fair,
on Friday. Yesterday opened fair. but
the sun soon retired, the clouds
thickened. and when night set in there was
! every appearance of snow or rain. So far this
month there have been four days that may be
classed as fair.
The Southside Famine.
Mention has been made of the great scarcity
of houses on the Southside. business man
residing there said yesterday: "The inquiry is
! really extraordinary. II exceeds the supply by
1ao CT IN ha ar 0F
progressive citizens to thinking up schemes
| for supplying the want. A great many houses
were built last year, but think 1891 will break
| the record"
Business News and Gossip.
Tho United Presbyterians are building
handsome chapel on Baum street. near Liberty
avenue.
The largest real estate deals reported last
week we're s2s.OOo 81, 500 $4,000 and $4,000,
elusive of the Spencer cafe. which involved be-
tween $50, 900 and $4,000.
The largest of 70 mortgages on file yesterday
was for IS 900. 1t was for purchase money.
| Good weather is all that is needed to give
| building a boom. Permits issued last week
| show a gratifying increase over those for the
previous week.
Electric seems to have captiya. ed Eastern In.
! vestors. Most of the buying orders are said to
| come from that section.
Collectlohs are &c iteu y Httie SLOW, Dut lm-
!. proving.
| A prominent bank officer said yesterday that
| he would subscribe literally to fund for the
| establishment of a fever hospital in this city.
He thinks isolation is the best way to'deal with
| this class of diseases.
| Work is progressing slowly on the approaches
| to the Neville Island bridge. 1t will not be
ready for business before spring.
Rent lists to appear tomorrow will be aug
! mented by selections from the Important list
| of Black & Baird. Renters should make nole
OF this.
| The Building Record.
During the past week S3 permits were issued,
representing 46 buldings-36 frame, seven brick
and one iron-clad-total cost SIS. 405 The
Nineteenth ward led with IA, followed by the
| Twenty-hrst with seven.
The pr evious week 20 permits were granted
| representing % buildings, at an estimated cost
| of S3S, 725. The following were taken out yes
terday:
c. l. CHASER, frame addition one-story dwell
ing. 7xl2 feet, on Carson street. Twenty-ifth
ward Cost, $40.
Frederick Fostler. frame one-story shop, Tx
II feet, on Hardwood avenue, Twenty-third
ward. Cost Sl0Q
Movements in Realty.
NJ. F. Nipple & Go. sold property on Center
avenue, near Shadyside station consisting of a
l2roomed frame dwelling, with stable and car
riage house in rear lot 70x2oD feet. for price
approximating $4,000.
]. b. Larkin d Co. sold to A. b. Kennedy for
G. G. Boyle, ESQ.,. lot 80xl20 feet, on West
Diamond street, Allegheny, with buildings. for