Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-12-03
ON THE NORTHSIDE.
The Hill District Going to Waste
Through Lack of Enterprise.
SEEKING OUTLETS ELSEWHERE.
Rapid Transit as Factor in the Develop
ment of Outlying Districts.
OFFICE AND STREET NEWS AND GOSSIP

is good and improving demand Tor use and
investment, but very little for speculation.
Good properties are hard to get, especially
in the City Hall district, where number of
contemplated improvements have swelled
the views of owners.
The Importance of outlets for Northside
people wanting to establish rural homes has
long been recognized For long time it
hoped that the hill district would be opened
up for this purpose, but this consummation
seems as remote as ever. A little enterprise
in this direction would bring great deal of
valuable property Into the market that is
now unavailable by reason of difficulty of
| approach. Improved locomotion would
bring the most of it within five minutes of
City Hall While the Southside is full of
development schemes with view to expe-
diting the settlement of the hilltops, ALLIE
gheny seems satisfied to let her natural out
let remain as it is. In the meantime other
outlets are being sought The completion
of California avenue will open new field
on the mart while the extension of rapid
transit to Sharpsburg will afford some relief
in that direction.
In this connection it may be permissible
to remark that too much cannot be said in
favor of rapid transit as factor in the de-
velopment of the outskirts. 1t has rem
dered thousands of acres accessible to the
industrial classes which few years ago
were practically worthless because of their
isolation from the business centers. As the
system is developed the movement of popu-
lation toward the suburbs will increase
until in a few years they will be thlckly
built up.
With such a prospect in view few, if any,
will DENY that real estate in any of the sur
rounding districts is good purchase at
present prices. Purchasers are the only
ones who will lose by delay.
Orders for Steel Rails.
Conclusive evidence of revival in the
iron trade is found in the fact that in the
last three or four weeks contracts for steel
rails have been made for nearly 25O, 900 tons,
as follows: Pennsylvania Railroad, 10000
tons; Chicago and Northwestern, 10000;
Chicago. Burlington and Quincy, $4,000;
Erie, 10000; Rock Island, 5000; Norfolk
and Western, $4,000; other companies,
%, 900; total, 221, 900 tons This, remarks
the Journal Of Commerce, represents the cur
rent requirements of only few companies,
and some of the largest railway corporations
in the country are yet to be reported. There
will necessarily be preportionate orders for
freight cars, and it is doubtful if any orders
not placed before Christmas could be filled
in season for the next harvest.
At this rate we NAV safely anticipate
steady work in the iron industry and allied
trades through the year.
Business News and Gossip.
It is said California avenue will be COM
pleted next year without fail.
A new front and an additional story will
greatly improve the appearance of the Hus
sey building on Fifth avenue There have
been offers for this property recently, but it
is not in the market.
A business man on Smithfeld street has
had good offer for his property, and was
hustling around yesterday for another stand.
Yesterday the Department of Public
Works awarded the bid for lighting the
streets of Pittsburg for four years to the
Allegheny County Light Company at 500
per annum per arc light. This should as
sist the company considerably. The major
portion of this work will be done shortly
from the light company's new station at
Twelfth and Etna streets. The first ma
chimes will be in operation within two
weeks
The Michigan Car Company has just OBJ
tanned contract to build 500 freight cars
for the Pennsylvania Railroad on an agree
ment to rush the order.
James Sykes is erecting nice frame
dwelling on Heron avenue. This thor
oughfare has been graded and paved and is
now "one of the finest"
Rea Bros. & Co., who were compelled to
suspend September % last on account of the
failure of s. V. White & Co., their New
York and Chicago correspondents. on Octo-
Der made a proposition to their creditors
to pay so per cent cash and the balance in
notes payable in one year. This was ac-
cepted and the firm resumed business Octo-
Der 26. These notes, as will be seen by
consulting the advertising columns, are
being called in after the lapse of only two
months. This prompt settlement before the
expiration of the legal period reflects high
stantial qualities of the firm.
Mr.. T. Griffin has just completed six frame
dwellings on Olive street, near Wylie,
Thirteenth ward, making "a built BY this
gentleman in that locality this year.
The Inman Steamship Company is about
to try the experiment of using petroleum
for fuel, and if ii works successfully the use
of coal will be abandoned on all the vessels
Of the company and oil will take its place.
John w. Pears has sold TO John w. Rob-
inson residence property on Penn avenue,
Twenty-frst ward, for SIS, 500.
Three permits were issued yesterday for
ueW dSEIcSdeiuS $-J-oo.
The Board of Directors of the Big -Four
has declared quarterly dividend of ~ per
cent on the preferred stock, payable Janu-
ary 2, 1892, and 2X per cent on the common
stock, payable Jsnuary II.
Movements in Realty.
Baltensperger & williams sold to James
McDaie lots Nos. 10, H. 39and 40, in the Wein-
man plan, Southern avenue Mt. Washington,
for 81, 100.
Black & Baird sold for Mary r. Fowler a
new frame dwelling, No. sos Howe street,
East End, with lot S2xlo0 feet, for 8, 600
John K. Ewing & Co. sold to William Git
tings for Edward Noble a frame house of
three rooms, with lot 20x202, on Morrison
w. A. Heron & Sons sold fine residence
property in Allegheny City, in the Fourth
ward, near the East Parks, and as far AS can
be learned the price paid is about $50, ,OO0 1t
is understood that the purchaser intends to
occupy it as a residence.
w A. Heron Sons sold lot No. l in the
third plan Wilkins estate at Edgewood,
on Braddock avenue by 12O feet deep to an
alley. for $780,
The Burrell Improvement Company re-
mort the following sale of lots at Kensington:
Frank Lautella, 10 feet north end lot 81 and
Is feet south end lot SO, block &, for ST. l47 so:
David Hughes, lot l03, block 2, for S4sS 75
August Tempt, MonroevIlle, Pa. lot 1o2,
for s4ss 20; Martin Byrne, Pittsburg,
lot H. block 6, for $3.50; Mara Horodwo-
wicz, Pittsburg, lot lis, block 8, for $725;
Strawbridge & Benver Pittsburg, lots 16 and
Ii, block ls. for ST. ,33l %.