Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-10-01
IA HINT TO VISITORS.
To Get an Idea of What Pittsburg
Really Is They Should Visit
THE MANUFACTURING DISTRICTS
And Take in the Famous Suburbs With
Their Magnificent Scenery.
FEATURES OF MONEY AND SPECULATION

time to say this than now, when the city Is
full of visitors
The business Of Pittsburg is an open book.
Prosperity is written on every page, to be
read of all men. 1t is a cloud by day and a
pillar of fire by night to direct the investor
and keep him from going astray. He can
not make a mistake.
Go anywhere, look in any direction, and
multiplied evidences of thrift are encoun-
tered. Pittsburg is the busiest place in
America, and one of the solidest. Legiti-
mate enterprise is fostered and fourishes,
but wildcat schemes are discountenanced
and soon come to grief Conservative, yet
broad and progressive, Pittsburg bankers,
manufacturers and merchants are safe coun-
selors and guides. Under their magnificent
leadership, aided by the active, intelligent
populace, the city has within a few years
made extraordinary progress in wealth and
population.
To enable them to acquire just concep-
tion of the magnitude of the Pittsburg
industries. visitors should make.a tour of
the manufacturing districts. They will
there see the greatest iron and steel plants
in the world, miles on miles of them, turn
ing out products for nearly every market
under the sun; glass factories which, in the
fneness of their wares, rival the best estab-
lishments in Europe, bridge works. locomo-
tive works, in short, nearly everything that
capital and skill can produce from the raw
material. The capital invested in about
| 1000 industrial concerns. in Pittsburg and
immediate vicinity is estimated lat upward
of S134, ZOO, 900.
Having acquired an intelligent compre-
| hension of the industrial features of the
city, visitors should by all means 'take
| in' the suburbs This should Re done as a
matter of justice to the city. The impress
sion formed from survey of the business
quarter is that of push and enterprise, of
hurry to meet the demands of trade, and of
relentless pursuit of wealth. This is in
striking contrast with the quiet but maies-
tic beauty of the outskirts. Astounding in
fine homes, handsome grounds and broad
avenues, they have been admired by trav-
elers from every land. No city in America
is more highly favored in its environments
than Pittsburg. The rapid transit system
of the city is SO extensive and complete that
any part of the suburbs can be quickly and
conveniently reached, and no visitor should
fail to see them. What he will witness will
be ''a thing of beauty and a Joy forever" to
him.
As nearly everybody knows, Pittsburg
has made marvellous strides in material de-
velopment within the past five years, but
her possibilities are even greater than her
achievements, and what she has accom-
plished in the line of expansion is but a
foretaste of what may be expected during
the present decade.
Facts About Office Buildings.
There is an impression in certain quarters
that there are too many Office buildings in
Pittsburg, but facts show the contrary, or
at least that they are not in advance Of the
demand. Black & Baird, who have charge
of the Penn, Eisner, Schmertz, Excelsior
the Irish block and the Kuhn law build
ings, report every room taken and occupied.
They have charge also of the new Ferguson
block, on Third avenue, and have had in
quiries for rooms from some of the best |
firms in the CITY, This should be encourage
ing to the half dozen or more individuals |
and firms who have the erection of office |
buildings under consideration.
1t is hard to overstock Pittsburg with |
anything that is strictly legitimate. For |
several years she has absorbed business |
houses as fast as they could be put up with |
out satiating her appetite.
Business News and Gossip.
West Enders are working like beavers in
the interest of rapid transit.
The Duquesne Traction people will have
to make fast time to catch the Williamsburg
travel.
1t is said sentiment in North Braddock is
changing in favor of consolidation with the
big borough and friends of the movement
are greatly encouraged.
Another new town will soon come into
existence. The announcement will be made
in a few days.
Statements show that Pittsburg banks oc-
cupy strong position, placing them above
the ordinary accidents of trade. To their
liberality is due in large measure the pros
perity of the city.
AT II o'clock to-day John D. Bailey will
offer at auction, on. account of whom it may
concern, 210 shares of Standard Plate Glass |
Company stock.
The directors of the Monongahela Water
Company announce the usual quarterly I
dividend of 2 Fer cent, payable October 10.
The low price for oil and sharp fuctua-
tions are beginning to bring outsiders into
the market. A aiority of brokers report
orders.
Half million gold was received in New
York from Europe yesterday, and as much
more was reported on the way.
On call yesterday Duquesne Traction was
offered at 1215 and Pennsylvania Plate
Glass bonds at IS.
The Minnesota Farmers Alliance has
issued another circular advising farmers to
hold their wheat.
When the directors of the Pennsylvania
Railroad return from their annual tour of
inspection the full dividend will be de-
clared. 1t will probably be 21z per cent
making 5H per cent for the year, the same
as last year.
An official quotation has at last been
granted to Chesapeake and Ohio securities
by the London Stock Exchange.
Movements in Realty.
J. Pentecost sold for the Safe Deposit
and Trust Company, of Pittsburg, admins
traitor of the estate of Patrick MAY, de-
ceased, to G. F. McKenna, ESQ.,, lot of
ground 43xS6 feet, with fine brick build
ings. two of which front on Second avenue,
and formerly used for saloons, known as 3lS
and 320 for 50 220.
Black & Baird report sales of lots in Ell
wood City as follows: Sold to Alfred George,
No. 497 for $500; to A. Sarrett No 922 for $500;
to McClaren Il VanMeter, No. 999 for $500; to
George Welsh, No. SS5 for $500; to Sophia
Reider, No. 634 for s40O; to A. George, No.
7S5 for $500; to j. c. Alexander, No. 629 for
$500; to A. S: Flath, No. 7SO for s4oO; to J. c.
Cassello No. 73I for $780,
Reed B. Coyle Il Co. report the sale OF two
more lots in the Grafton Place plan at
Grafton, PItts6ur5, Cincinnati, Chicago and