Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-05-19
AN EAST END DICKER.
A Strip Of Land on Sherman Avenue
Picked Up for Subdivision.
ANOTHER FINE CHURCH COMING.
Demand for Downtown Realty COneen-
trating South of Fifth Avenue.

Demand for Downtown Realty Coneen'
trating South of Fifth Avenue.
THE TREND OF LOCAL SPECULATION
piece of property on Sherman avenue
near Highland, GOO feet frontage by depth
of l50 changed ownership yesterday fol
$1,000. 1t was purchased by two East End
real estate men for subdivision. The activ'
ity in that quarter is mainly due to the neal
completion of the Duquesne electric road
Another bit of ground further up High
land avenue was also picked up yesterday
for $ll 900, the purchaser being q business
for himself.
Downtown Realty.
The fluctuations of demand for real estate
vary as to locality almost as much as do the
prices of spring vegetables Referring to
this subject yesterday Mr.. d. P. Black, of
Black & Baird, said: "At present the bulk
of the inquiry is for downtown property.
A few years ago the drift of business ap-
peared to be north of Fifth avenue. Since
the near completion of the postoffice and
the rising Importance of Fourth avenue as q
financial center the demand has been
diverted to a considerable extent to the dis
trict south of Fifth, bringing into special
prominence Smithfield street, Water street
and the avenues"
Mr.. Black added that this movement indi-
Gated series of improvements which would
be of great value to the business community.
1t is well known that considerable property
has changed hands in the district in ques-
tlon within the last few months, the most of
1t being acquired by men of large means. 1t
Is also known to few that several important
transactions are under advisement, with
VI lrn af afoiy 90
Brown is closely associated.
values on Smithf1eld street are rated at
from Sl,5OO to $3, 600 foot 'front.' the outside
figure being about the best that can be done
between Fifth and Second avenues. The
average price on Fourth avenue is about
$1,000 a foot, while on Water street, whichis
unaccountably backward in view of its COM
mandlng position as business quarter,
property can be bought all the way from
$500 to 81 200 q foot for the best.
Another Fine Church.
From the rapidity with which they are be-
ing built, Pittsburg will soon be entitled to be
called the City of Churches. The Polish
congregation of which Rev. A. Jaworsli is
pastor will, when the strike is settled, begin
the erection of church to cost 800 600.
Plans have been prepared and everything is
in readiness to begin work. 1t will be built
on large lot purchased some time ago, sit
uated on the corner of Twenty-first and
Smallman streets.
The congregation of st. Adelbert Polish
Church, one of the finest on the Southside,
costing $4,000, are preparing for the erec-
ton OF handsome pastoral residence.
Business News and Gossip.
Frost made tho gardeners look blue and
vegetation black. It was not q clean sweep,
however.
Real estate is looking up all along the line
of the Duquesne Passenger Railway.
ID O. ~ LID n1I,o -
Electric Saturday and yesterday at 1511a to
AZ.
Friends of Luster are looking for good
news from the mine before long.
Pittsburg and Boston were close together
on Electric yesterday. There was no open
ing for the scalpers.
The labor disturbances in Pittsburg and
vicinity during the past few months have
caused serious loss to the railroads center
ing in that city. If kept up a year they
would cost s., OO0, 900 or s., 100000.
The exports of gold for the week ending
was $7,75O,O0O, against s., ,194, 900 the
previous week. This is undoubtedlythe larg-
est amount of gold ever sent abroad from
New York in a single week.
Rea Bros. q Co., who represent S. V. White
& Co. in this city in placing stock of the
Hardware Company, will receive
at their office in the Exchange
building.
Railroad earnings and.North-
ern, second week May, net decrease $66S0;
81; Paul, second week May, net increase $685.
95; Wheeling and Lake Erie, second week
May, net increase 81 TO
Several private sales of bank stocks at
about board figures were mentioned yester-
day, but exact prices were withheld.
Money was easy in New York yesterday at
405 per cent on call loans.
Orders for Traction stocks are coming in
pretty lively, but it is hard to fill them on a
rising market.
George Wilson will begin four dwellings in
as soon as the strike is settled.
Gossip has it Jay Gould has just borrowed
3, ,000, 900 on nine months time.
The sale of the Isaac Taylor residence on
5he Northside, for $4,000, reported in this
column last week, was made through the
agency of W. A. Heron & Sons.
The Building Record.
Permits for the erection of the following
were issued yesterday:
Charles j. Stein, frame addition onestory
shop, 12x16 feet, on Colwell street, Eleventh
ward. Cost, $45
P. W. Lascheid, frame one-story Office, ok
IS feet, on Josephine street, Twenty-fifth
ward. Cost, 500.
Henry Needham, frame one-story and attic
iwelling, 2ox30 feet, on Loffel street, Thirty
second ward. Cost $3.50.
George Rauhauser, frame twostory dwell !
ng, 1Sx32 feet, on Joels lane, Thirty-second
ward. Cost $1,000.
Samuel stanier, frame two-story dwelling,
OxS9 feet, on + Flowers noU avenue, Twenty-third
F.. Hartung, brick one-story slaughter
house, 15x2O feet on Clark street, Eleventh |
ward. Cost $500.
basement dwellings, l4x3O feet each, on |
yonklin street. Thirteenth ward. Cost, |
l,560.
Movements in Realty.
Samuel W. Black g. Co. sold q vacant lot
IN Wallingford street, between Barton and
3idwell streets, size l0S1lS0 feet, for a price |
pproximating $1,000. The purchaser. n
prominent postofice official, intends erect
ng two handsome residences on the same in
he near future.
D. Behen & Son sold for John Frost to
iregor Wannenmacher a house and lot ON
lincaid street. Nineteenth ward, for sl.l5o
A. z. Byers & Co. sold for James Fl. Irons.
o G. L. Ruff, lots Nos. 2J, 26 and 27, in the
Annex Land Company's plan, situated at
.aurel station, Pittsburg, Fort Wayne and
,hicago Railway, for 81, 700 cash. The above
rm reports numerous inquiries for property
n this location.
Black 6 Baird sold at special sale on Sat-
rday, at Ellwood City, the following lots:
or $500; to Edward. J. Wills No 81, for $500;
o Lewis Goehring and James NJ Goehring'
pts Nos. sS7 and s3S, for sil, 600; to James
Iusser, lots Nos. 467 and 46s, for $1,000; to G.
V. Barton, OF Tarentum, lot No. s14, for $500;
o Joseph Berger, lot No. s15, for $500; to
pencer Y Walter, lots Nos. SIG and ST. for
!, 900, and to well-known New Castle cap
.alist lots Nos. 72l, 10, 723, $685. s39, 9S6 and
g. for 81, 800 cash.
Reed b. Coyle & Co. sold lot No l1s, in
heir Martin place addition, situated on Svl-
an avenue, being 25xl65 feet to Speer street.
Or $3.50.
S. A. Dickie & Co. sold for C. F. Harvey To
'. A. Dickey and J. D. Hailman q lot on
street, Brushton, in Bank of Com